NOT LISTED FOR SALE

533 S Rainbow Dr Hollywood, FL 33021

Hollywood Hills Neighborhood

Estimated Value: $522,249 - $793,000

6 Beds
4 Baths
2,571 Sq Ft
$273/Sq Ft Est. Value

Last Sold August 15, 2022

Last sale price $640,000 $249 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,621/month

107 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Paddle Fans
  • Complete Accordion Shutters
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of August 2022

Rare opportunity to own a single story ranch style Duplex investment property in a very desirable Hollywood Hills neighborhood with no HOA. This property consists of 2 separate units adjacent to each other. Each unit consists of 2 beds & 2 baths with a private courtyard. Both units have been upgraded with new kitchens. One unit has a 1 car garage and the other unit has a screened in patio. There is ample parking for multiple vehicles on the property. Owner & tenant occupied - 24 hour notice required. Separate electric meters. Separate A/C units. Each unit has its own private washer/dryer. Property is being sold As-Is. Seller is accepting cash offers. Please do not knock on doors and please do not disturb owners or tenants.

Last Agent to Sell the Property

Erik Skupeika

Century 21 King Realty License #3406567 Listed on: 04/29/2022

Century 21 King Realty

Last Buyer's Agent

Jahaira Pelaez

United Realty Group Inc License #3204068

United Realty Group Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,980

Year Built

  • Built in 1965

Lot Details

  • 8,799

Parking

  • 7 Parking Spaces

Home Design

  • Duplex
  • Flat Tile Roof

Interior Spaces

  • 2,571 Sq Ft Home
  • 1-Story Property
  • Paddle Fans
  • Vertical Blinds
  • Complete Accordion Shutters

Flooring

  • Carpet
  • Tile

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Hollywood Hills Condos
  • Hollywood Hills Subdivision

Listing and Financial Details

  • Rent includes gardener
  • Assessor Parcel Number 514207023672

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,980

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1965
  • Property Sub Type: Duplex
  • Architectural Style: Ranch
  • Directions: I-95 to Hollywood Blvd and head west and drive around Presidential circle and make a right on South Rainbow Dr. Property will be on the left (East) side
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: HOLLYWOOD HILLS
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Carpet, Tile
  • Living Area: 2571
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Complete Accordian Shutters, Blinds, Verticals

Exterior Features

  • Roof: Flat Tile
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HOLLYWOOD HILLS
  • Total Parking Spaces: 7

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Paddle Fans
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514207023672
  • Zoning: multi
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4980

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Aug 15, 2022
Sold by
Bonilla And Amorim Family Revocable Trus
Bought by
Eg & Jg Family Lp
Seller's Agent
Erik Skupeika
Century 21 King Realty
Buyer's Agent
Jahaira Pelaez
United Realty Group Inc
List Price
$699,000
Sold Price
$640,000
Premium/Discount to List
-$59,000
-8.44%
Views
3
Current Estimated Value
$701,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,312
Avg. Annual Appreciation
1.96%

Purchase Details

Closed on
Dec 14, 2017
Sold by
Bonilla Francisco and Amorimn Angela
Bought by
Bonnilla Frnaciscvo and Amorim Angela

Purchase Details

Closed on
Jan 27, 2003
Sold by
Crotty Doris
Bought by
Bonilla Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 1, 1990
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Eg & Jg Family Lp $640,000 South Florida Title
Eg & Jg Family Lp $640,000 South Florida Title
Bonnilla Frnaciscvo -- Attorney
Bonilla Francisco $125,000 Reliable Title Inc
Available Not $7,857 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bonilla Francisco $20,617
Previous Owner Bonilla Francisco $130,000
Previous Owner Bonilla Francisco $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Sold $640,000 -7.5% $249 / Sq Ft
05/14/2022 05/14/22 Price Changed $692,010 -1.0% $269 / Sq Ft
04/29/2022 04/29/22 For Sale $699,000 -- $272 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,617 $519,040 -- --
2024 $9,706 $478,760 $79,160 $399,600
2023 $9,706 $428,970 $79,160 $349,810
2022 $5,298 $266,260 $0 $0
2021 $4,980 $247,240 $0 $0
2020 $4,185 $234,510 $0 $0
2019 $4,014 $232,710 $0 $0
2018 $3,783 $241,590 $0 $0
2017 $3,389 $188,690 $0 $0
2016 $3,175 $176,840 $0 $0
2015 $3,296 $166,960 $0 $0
2014 $3,129 $157,860 $0 $0
2013 -- $159,230 $79,160 $80,070
Source: Public Records

Agents Affiliated with this Home

  • Erik Skupeika

    Seller's Agent in 2022

    Erik Skupeika

    Century 21 King Realty

    (954) 854-7500

    1 in this area

    5 Total Sales

    Erik Skupeika
    Section Image

  • J

    Buyer's Agent in 2022

    Jahaira Pelaez

    United Realty Group Inc

    (786) 223-1942

    9 in this area

    27 Total Sales

    Jahaira Pelaez
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11195329

MIAMI REALTORS® MLS

APN: 51-42-07-02-3672

Florida Broward County Hollywood 33021 Hollywood Hills

533 S Rainbow Dr, Hollywood, FL

This home is located at 533 S Rainbow Dr, Hollywood, FL 33021 since 29 April 2022 and is currently estimated at $701,312, approximately $272 per square foot. This property was built in 1965. 533 S Rainbow Dr is a home located in Broward County with nearby schools including Orange Brook Elementary School, Olsen Middle School, and South Broward High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes