NOT LISTED FOR SALE

542 S Rainbow Dr Hollywood, FL 33021

Hollywood Hills Neighborhood

Estimated Value: $563,000 - $626,000

3 Beds
2 Baths
1,596 Sq Ft
$373/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $370,111 $232 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,746/month

18 Days on Market

Highlights

  • Private Pool
  • Pool View
  • Formal Dining Room
  • Sun or Florida Room
  • Breakfast Area or Nook
  • Circular Driveway

About This Home

As of May 2021

I feel it's fair to say, 2020 forced many of us to look at our homes a little different~ This home has Endless Possibilities in this custom floorplan~ Rooms alone are quite large/listed below~ 3rd bedroom has it's own entrance to outside if you have an inlaw or older child who wants privacy or Maybe your office needs to be home for awhile~ All tile floors are neutral~ Walls have been freshly painted~ New Master bath & few other new things~ Master has a sliding glass door to the breakfast or family room and can easily be closed back up~ The slider to the kitchen is a triple slide~ The privacy in this home is endless~ The Freeform Pool is also oversized and the patio is almost all of the backyard so you don't need a lawn mower~ This street has a back ally where the garbage is picked up~

Last Agent to Sell the Property

Deborah Gibes

RE/MAX Select Group License #0501230 Listed on: 04/07/2021

RE/MAX Select Group

Co-Listed By

John Gibes

Inactive Member License #0592857

Last Buyer's Agent

Deborah Gibes

RE/MAX Select Group License #0501230 Listed on: 04/07/2021

RE/MAX Select Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,024

Year Built

  • Built in 1965

Lot Details

  • 6,391 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Oversized Lot
  • Interior Lot
  • Sprinkler System
  • Property is zoned RS-5

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,596 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Sun or Florida Room
  • Utility Room
  • Ceramic Tile Flooring
  • Pool Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • Converted Garage
  • Circular Driveway

Outdoor Features

  • Private Pool
  • Open Patio
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 514207030870

Community Details

Overview

  • Hollywood Hills 6 22 B Subdivision, Custom Floorplan

Recreation

  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,024

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Hollywood Blvd to S Rainbow Dr South. Presidential Circle area
  • Year Built: 1965
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, Breakfast Area, Convertible Bedroom, Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, First Floor Entry, Main Level Master, Split Bedrooms, Walk-In Closet(s)
  • Main Level Bedrooms: 3
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Tile
  • Living Area: 1596.0
  • Dining Room Type: Converted Garage, Florida Room, In-Law Suite, Laundry, Utility Room

Exterior Features

  • Exterior Features: Fence, Lighting, Porch, Patio, Storm/Security Shutters
  • View: Pool
  • Lot Features: Interior Lot, Oversized Lot, Sprinkler System
  • Pool Features: In Ground, Pool, Private
  • Pool Private: Yes
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Laundry Features: Laundry Tub
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Dog Park, Non-Gated, Sidewalks
  • Senior Community: No
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 514207030870
  • Lot Size Sq Ft: 6391.0
  • Zoning Description: RS-5
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6024.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
May 25, 2021
Sold by
Noel Sabine
Bought by
Karo Ramy
Seller's Agent
Deborah Gibes
RE/MAX Select Group
Buyer's Agent
Deborah Gibes
RE/MAX Select Group
List Price
$370,111
Sold Price
$370,111
Current Estimated Value
$595,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,739
Avg. Annual Appreciation
11.35%
Original Mortgage
$296,000
Outstanding Balance
$267,831
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$328,020

Purchase Details

Closed on
Jul 25, 2008
Sold by
Vancol Solange
Bought by
Noel Sabine

Purchase Details

Closed on
Oct 1, 1986
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Karo Ramy $370,200 Attorney
Noel Sabine -- Attorney
Available Not $53,571 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karo Ramy $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2021 05/26/21 Sold $370,111 0.0% $232 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $370,111 0.0% $232 / Sq Ft
08/07/2017 08/07/17 Rented $1,800 0.0% --
08/03/2017 08/03/17 For Rent $1,800 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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 $7,519 $395,950 -- --
2024 $7,329 $384,800 -- --
2023 $7,329 $373,600 $0 $0
2022 $7,840 $362,720 $38,350 $324,370
2021 $6,669 $300,910 $0 $0
2020 $6,024 $273,560 $38,350 $235,210
2019 $5,814 $260,110 $38,350 $221,760
2018 $5,330 $251,460 $38,350 $213,110
2017 $4,886 $218,000 $0 $0
2016 $4,639 $198,190 $0 $0
2015 $4,307 $180,180 $0 $0
2014 $3,932 $163,800 $0 $0
2013 -- $148,910 $41,540 $107,370
Source: Public Records

Agents Affiliated with this Home

  • Deborah Gibes

    Seller's Agent in 2021

    Deborah Gibes

    RE/MAX

    (954) 483-3439

    2 in this area

    5 Total Sales

    Deborah Gibes
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    John Gibes

    Inactive Member

    Section Image

  • B

    Seller's Agent in 2017

    Beatrice Henry

    MMLS Assoc.-Inactive Member

    Section Image

  • A

    Buyer's Agent in 2017

    Adriana Pujols

    Westview Realty

    (888) 982-5883

    20 Total Sales

    Adriana Pujols
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10278858

BeachesMLS (Greater Fort Lauderdale)

APN: 51-42-07-03-0870

Florida Broward County Hollywood 33021 Hollywood Hills

542 S Rainbow Dr, Hollywood, FL

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BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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