NOT LISTED FOR SALE

618 Rainbow Dr Louisville, OH 44641

Estimated Value: $139,415 - $191,000

4 Beds
2 Baths
1,300 Sq Ft
$121/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $120,000 $92 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,005/month

28 Days on Market

Highlights

  • 2 Car Attached Garage
  • Privacy Fence
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of September 2022

Awesome opportunity to own a nice income producing duplex in Louisville. Very Well kept and would be a great first time investment property or adding to a portfolio. many many upgrades and updates have been done over the years. new concrete driveway, new sidewalks, new garage doors, new furnaces, new appliances in one of the units, long term tenant of 20 plus years, new flooring in 618, new paint in 2019, privacy fence installed in 2021, exterior trim painted in 2019. Selling As is

Last Agent to Sell the Property

Debbie Ferrante

RE/MAX Edge Realty License #2010000047 Listed on: 07/13/2022

RE/MAX Edge Realty

Last Buyer's Agent

Debbie Ferrante

RE/MAX Edge Realty License #2010000047 Listed on: 07/13/2022

RE/MAX Edge Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,582

Year Built

  • Built in 1946

Lot Details

  • 0.28 Acre Lot
  • Privacy Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Louisville Community

Listing and Financial Details

  • Tenant pays for cable/electric link, pays all
  • Assessor Parcel Number 03601078

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,582

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 92.31
  • Estimated Price per Sq Ft: 92.31
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1300
  • Year Built: 1946
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1946

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 1300.00
  • Sq Ft Approx Total Finished: 1300.00

Exterior Features

  • Exterior: Aluminum
  • Fences: Privacy
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • Garage Num Of Cars: 2

Utilities

  • LaundryFeatures: In Unit
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Louisville

Schools

  • School District: Louisville CSD
  • School District: Louisville CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2778
  • Parcel Number: 03601078

Rental Info

  • Tenant Pays: Cable/Electric Link, Pays All

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 1
  • Number of Units: 2

Tax Info

  • Tax: 1582

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2024
Sold by
Miller Mark and Miller Mark W
Bought by
Miller Mark W and Miller Brenda Lynn
Current Estimated Value
$157,854

Purchase Details

Listed on
Jul 13, 2022
Closed on
Sep 23, 2022
Sold by
Mann Family Revocable Trust
Bought by
Miller Mark
Seller's Agent
Debbie Ferrante
RE/MAX Edge Realty
Buyer's Agent
Debbie Ferrante
RE/MAX Edge Realty
List Price
$134,900
Sold Price
$120,000
Premium/Discount to List
-$14,900
-11.05%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.34%

Purchase Details

Closed on
Jan 13, 2021
Sold by
Mann Howard and Mann Lisa M
Bought by
Mann Howard and Mann Lisa Marie

Purchase Details

Closed on
Feb 7, 2017
Sold by
Brahler Brian W and Brahler Paula L
Bought by
Mann Howard and Mann Lisa M

Purchase Details

Closed on
May 26, 2015
Sold by
Brahler Robert B and Brahler Marilyn J
Bought by
Brahler B Rian W and Brahler Paula A
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
Miller Mark W -- None Listed On Document
Miller Mark -- --
Mann Howard -- None Available
Mann Howard $60,000 None Available
Brahler B Rian W -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mann Howard $55,919
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $120,000 -11.0% $92 / Sq Ft
08/10/2022 08/10/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $134,900 -- $104 / Sq Ft
Source: MLS Now

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 -- $39,000 $17,190 $21,810
2023 $1,737 $39,450 $14,700 $24,750
2022 $1,577 $35,700 $14,700 $21,000
2021 $1,582 $35,700 $14,700 $21,000
2020 $1,340 $32,730 $13,230 $19,500
2019 $1,347 $26,080 $13,230 $12,850
2018 $1,070 $26,080 $13,230 $12,850
2017 $949 $22,300 $11,130 $11,170
2016 $1,365 $31,500 $11,130 $20,370
2015 $1,438 $31,500 $11,130 $20,370
2014 $1,370 $29,300 $10,360 $18,940
2013 $688 $29,300 $10,360 $18,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4388636

MLS Now

APN: 03601078