NOT LISTED FOR SALE

550 S Rainbow Dr Hollywood, FL 33021

Hollywood Hills Neighborhood

Estimated Value: $621,469 - $656,000

4 Beds
2 Baths
1,352 Sq Ft
$473/Sq Ft Est. Value

Last Sold July 25, 2023

Last sale price $630,000 $466 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,368/month

114 Days on Market

Highlights

  • Garden View
  • Circular Driveway
  • Closet Cabinetry
  • No HOA
  • Built-In Features
  • Patio

About This Home

As of July 2023

A stunning property in the much sought-after neighborhood of Hollywood Hills is up for grabs. This gorgeous 4-bed, 2-bath, 1 car garage home boasts a very unique feature - a breathtaking 400 SF courtyard in the center of the home accessible through wall-to-wall sliding glass doors. Imagine basking in the sun or gazing at the starry sky from the comfort of your own private retreat. This incredible outdoor living space is perfect for outdoor dining, gardening, entertaining, or just lounging with your loved ones. Inside, this home is equipped with plenty of closet space and storage. The kitchen is an absolute dream, featuring custom maple cabinetry, high-end stainless steel Bosch appliances, a built-in pantry, a concealed trash compartment, beautiful Carrera quartz countertops and much more.

Last Agent to Sell the Property

Gonzalo Baraybar

The Space Brokers LLC License #3311767 Listed on: 04/01/2023

The Space Brokers LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,446

Year Built

  • Built in 1978

Lot Details

  • 6,391 Sq Ft Lot
  • Northeast Facing Home
  • Fenced
  • Property is zoned RS-5

Parking

  • 1 Car Garage
  • Circular Driveway
  • Open Parking

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,352 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Storage Room
  • Garden Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Ice Maker
  • Dishwasher

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Hollywood Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 514207030880

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,446

Year Built

Built in 1978

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1978
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: HOLLYWOOD HILLS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Walk-In Closet(s), Other, Storage, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Terrazzo, Tile
  • Furnished: Unfurnished
  • Living Area: 1352
  • Possible Use: Primary
  • Window Features: Hurricane Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Living Room Features: Other, Storage Room, Utility Room/Laundry

Exterior Features

  • Roof: Shingle
  • View: Garden, Other
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio, Screened Porch
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: HOLLYWOOD HILLS
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514207030880
  • Lot Size Sq Ft: 6391
  • Zoning: RS-5
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5446

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2023
Closed on
Jul 25, 2023
Sold by
Greene Tajia and Baraybar Gonzalo Francisco
Bought by
Ajoku Ikechi
Seller's Agent
Gonzalo Baraybar
The Space Brokers LLC
List Price
$630,000
Sold Price
$630,000
Views
1074
Current Estimated Value
$639,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,867
Avg. Annual Appreciation
2.01%
Original Mortgage
$611,100
Outstanding Balance
$599,870
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$57,259

Purchase Details

Closed on
Jan 21, 2022
Sold by
Tajia Greene
Bought by
Greene Tajia and Baraybar Gonzalo Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 26, 2016
Closed on
Apr 19, 2016
Sold by
Guthrie Victoria C and Guthrie Brian S
Bought by
Greene Tajia
Seller's Agent
Lucas Satten
MMLS Assoc.-Inactive Member
Buyer's Agent
Gonzalo Baraybar
The Space Brokers LLC
List Price
$310,000
Sold Price
$290,000
Premium/Discount to List
-$20,000
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%
Original Mortgage
$284,747
Interest Rate
3.75%
Mortgage Type
FHA
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
Ajoku Ikechi $630,000 None Listed On Document
Greene Tajia -- Richard E Douglas Pa
Greene Tajia $290,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ajoku Ikechi $611,100
Previous Owner Greene Tajia $360,000
Previous Owner Greene Tajia $284,747
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2023 07/25/23 Sold $630,000 0.0% $466 / Sq Ft
04/01/2023 04/01/23 For Sale $630,000 +117.2% $466 / Sq Ft
04/22/2016 04/22/16 Sold $290,000 0.0% $184 / Sq Ft
03/23/2016 03/23/16 Pending -- -- --
03/16/2016 03/16/16 Price Changed $290,000 -3.3% $184 / Sq Ft
03/08/2016 03/08/16 Price Changed $300,000 -3.2% $191 / Sq Ft
02/26/2016 02/26/16 For Sale $310,000 -- $197 / 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 $10,890 $545,790 $38,350 $507,440
2024 $11,074 $545,790 $38,350 $507,440
2023 $11,074 $508,300 $38,350 $469,950
2022 $5,446 $290,100 $0 $0
2021 $5,303 $281,660 $0 $0
2020 $5,226 $277,780 $0 $0
2019 $5,163 $271,540 $0 $0
2018 $4,932 $266,480 $0 $0
2017 $4,793 $261,000 $0 $0
2016 $4,725 $211,180 $0 $0
2015 $4,360 $190,270 $0 $0
2014 $1,352 $108,730 $0 $0
2013 -- $139,700 $41,540 $98,160
Source: Public Records

Agents Affiliated with this Home

  • Gonzalo Baraybar

    Seller's Agent in 2023

    Gonzalo Baraybar

    The Space Brokers LLC

    (954) 806-1005

    1 in this area

    11 Total Sales

    Gonzalo Baraybar
    Section Image

  • L

    Seller's Agent in 2016

    Lucas Satten

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11365660

MIAMI REALTORS® MLS

APN: 51-42-07-03-0880

Florida Broward County Hollywood 33021 Hollywood Hills

550 S Rainbow Dr, Hollywood, FL

This home is located at 550 S Rainbow Dr, Hollywood, FL 33021 since 01 April 2023 and is currently estimated at $639,867, approximately $473 per square foot. This property was built in 1978. 550 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.

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