NOT LISTED FOR SALE

550 E Rainero St Lake Alfred, FL 33850

Estimated Value: $329,940 - $367,000

3 Beds
2 Baths
1,966 Sq Ft
$176/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $260,000 $132 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,303/month

3 Days on Market

Highlights

  • In Ground Pool
  • Main Floor Primary Bedroom
  • Tile Flooring
  • Frank E. Brigham Academy Rated 9+
  • Security System Owned
  • 3-minute walk to Central Park

About This Home

As of March 2021

This Lake Alfred one-story home offers a patio, and a one-car garage.

Last Agent to Sell the Property

ALLISON JOHNSTON

MAINSTAY BROKERAGE LLC License #3413175 Listed on: 03/04/2021

MAINSTAY BROKERAGE LLC

Last Buyer's Agent

Maria Mercado

PROPERTY RESOURCE SPECIALISTS LLC License #3315620

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,159

Year Built

  • Built in 1972

Lot Details

  • 0.28 Acre Lot
  • South Facing Home
  • Property is zoned R-1A

Parking

  • 1 Car Garage

Home Design

  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,966 Sq Ft Home
  • Tile Flooring
  • Security System Owned

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Pool

  • In Ground Pool

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Community Details

  • Rainero Sub Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 26-27-33-514000-000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,159

Year Built

Built in 1972

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 1966.00
  • Lot Size Acres: 0.28
  • Year Built: 1972
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5927959?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5927959?w=Customer
  • Lot Size Sq Ft: 12197
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5927959?w=PubMLS
  • Directions to Property: Head east on E Cummings St toward S Seminole Ave *Turn right onto S Glencruiten Ave *Turn left onto E Rainero St26
  • Escrow State: FL
  • List Office Head Office Key Nume: 210354554
  • Status: Sold
  • Street Direction: E
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 3
  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Master Bedroom Downstairs
  • Appliances Included: Dishwasher, Range
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Living Area Meters: 182.65
  • Street Number Modifier: 550

Exterior Features

  • Direction Faces: South
  • Pool Features: In Ground
  • Flood Zone Code: X
  • Flood Zone Date: 12/22/2016
  • Flood Zone Panel: 12105C0355G
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Security: Security System Owned

Lot Info

  • Total Acreage: 1/4 to less than 1/2
  • Zoning: R-1A
  • Parcel Number: 26-27-33-514000-000100
  • Lot Size Square Meters: 1133

Rental Info

  • Minimum Lease: No Minimum
  • Additional Lease Restrictions: Buyer to verify.
  • Lease Restrictions: Yes
  • Pets Allowed: Yes

Multi Family

  • Approval Process: Buyer to verify.

Tax Info

  • Tax Annual Amount: 2159.00
  • Tax Book Number: 38-7
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Mar 31, 2021
Sold by
Opendoor Property Trust I
Bought by
Nelson Martin R
Seller's Agent
ALLISON JOHNSTON
MAINSTAY BROKERAGE LLC
Buyer's Agent
Maria Mercado
PROPERTY RESOURCE SPECIALISTS LLC
List Price
$255,000
Sold Price
$260,000
Premium/Discount to List
$5,000
1.96%
Current Estimated Value
$346,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,985
Avg. Annual Appreciation
6.01%
Original Mortgage
$230,000
Outstanding Balance
$207,450
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$128,823

Purchase Details

Listed on
Mar 4, 2021
Closed on
Feb 26, 2021
Sold by
Barnes James R and Barnes Loni
Bought by
Opendoor Property Trust I
Seller's Agent
ALLISON JOHNSTON
MAINSTAY BROKERAGE LLC
Buyer's Agent
Maria Mercado
PROPERTY RESOURCE SPECIALISTS LLC
List Price
$255,000
Sold Price
$260,000
Premium/Discount to List
$5,000
1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Outstanding Balance
$207,450
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$128,823

Purchase Details

Listed on
Oct 12, 2017
Closed on
Nov 30, 2017
Sold by
Cornejo Clemente
Bought by
Barnes James R and Barnes Loni
Seller's Agent
Miguel Guedez
VENCORP REAL ESTATE
Buyer's Agent
Joni Reiter
COLDWELL BANKER REALTY
List Price
$187,000
Sold Price
$187,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.44%
Original Mortgage
$183,612
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 2015
Sold by
Cornejo Miguel
Bought by
Cornejo Clemente

Purchase Details

Closed on
Jul 31, 2014
Sold by
Ocwen Loan Servicing Llc
Bought by
Cornejo Miguel

Purchase Details

Closed on
Jul 25, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ocwen Loan Servicing Llc

Purchase Details

Closed on
Jan 14, 2014
Sold by
Homeward Residential Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 6, 2013
Sold by
Mrasch Robert E
Bought by
Homeward Residential Inc

Purchase Details

Closed on
Jan 22, 2010
Sold by
Marsch Robert E and Marsch Sadia J
Bought by
Marsch Robert E

Purchase Details

Closed on
Apr 11, 2007
Sold by
Cummings Randall D
Bought by
Marsch Robert E and Marsch Sadia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2001
Sold by
Willis Michael S and Willis Rosemary
Bought by
Mccloud John O and Mccloud Dianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,200
Interest Rate
6.74%
Source: Public Records

Range of Values:

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Average Value
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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
Nelson Martin R $260,000 Os National Llc
Opendoor Property Trust I $235,600 North American Title Company
Opendoor Property Trust $235,600 North American Title
Barnes James R $187,000 Homeland Title Services Inc
Cornejo Clemente -- Attorney
Cornejo Miguel $66,000 None Available
Ocwen Loan Servicing Llc -- None Available
Federal Home Loan Mortgage Corporation -- Attorney
Homeward Residential Inc $35,300 Attorney
Marsch Robert E -- None Available
Marsch Robert E $180,000 Homebanc Title Partners Llc
Mccloud John O $93,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Martin R $230,000
Previous Owner Barnes James R $183,612
Previous Owner Marsch Robert E $180,000
Previous Owner Mccloud John O $14,000
Previous Owner Mccloud John O $89,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $260,000 +2.0% $132 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $255,000 +36.4% $130 / Sq Ft
08/17/2018 08/17/18 Off Market $187,000 -- --
12/07/2017 12/07/17 Sold $187,000 0.0% $95 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
10/12/2017 10/12/17 For Sale $187,000 -- $95 / Sq Ft
Source: Stellar 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
2024 $4,953 $254,672 $34,574 $220,098
2023 $4,953 $253,782 $33,574 $220,208
2022 $4,739 $238,900 $28,349 $210,551
2021 $2,187 $148,956 $0 $0
2020 $2,159 $146,899 $0 $0
2018 $2,099 $140,919 $23,125 $117,794
2017 $2,673 $125,668 $0 $0
2016 $2,509 $116,173 $0 $0
2015 $2,509 $112,834 $0 $0
2014 $2,452 $113,422 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5927959

Stellar MLS

APN: 26-27-33-514000-000100