NOT LISTED FOR SALE

623 Rainbow Blvd Babson Park, FL 33827

Estimated Value: $236,000 - $275,000

2 Beds
2 Baths
1,485 Sq Ft
$173/Sq Ft Est. Value

Last Sold October 21, 2024

Last sale price $272,000 $183 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,545/month

22 Days on Market

Highlights

  • Oak Trees
  • Deck
  • Corner Lot
  • Screened Pool
  • Traditional Architecture
  • No HOA

About This Home

As of October 2024

**Charming 2-Bedroom Home on a Spacious Corner Lot**

Welcome to your dream retreat! This delightful 2-bedroom, 2-bath home is perfectly situated on a generous .36-acre corner lot, offering both space and privacy. The fenced yard is ideal for families and pets, providing a safe haven for outdoor activities.

**Outdoor Oasis**

Step outside to discover a backyard oasis featuring a screened, heated chlorine pool that invites relaxation and enjoyment year-round. Imagine hosting summer gatherings or simply unwinding after a long day in your private paradise. The property also includes a 12x14 shed that offers ample storage for all your gardening tools or recreational equipment.

**Comfortable Interior**

Inside, the home boasts a split floor plan that provides ideal separation between the two bedrooms, making it perfect for guests or family members. The interior is adorned with beautiful vinyl flooring throughout, ensuring easy maintenance and a modern feel.

The heart of this home is the well-appointed kitchen, which includes an eat-at bar and a convenient closet pantry. It’s perfect for casual dining and socializing while preparing meals. The laundry room is thoughtfully designed to be indoors, adding an extra layer of convenience to your daily chores.

**Additional Features**

An enclosed lanai with a window unit enhances your living space, offering a versatile area that can be used year-round. This space can serve as a cozy reading nook, an office, or an additional entertaining space, ensuring you have room for all your needs.

Safety and reliability are paramount in this home, equipped with hurricane shutters to protect against inclement weather. Additionally, a whole-house Generac generator powered by a buried 500-gallon propane tank ensures you will never be without electricity, no matter the conditions outside.

**Location and Community**

Located in a friendly neighborhood, this home is close to local amenities, including schools, parks, shopping, and dining options. Enjoy the convenience of being just a short drive away from recreational activities and entertainment.

**Conclusion**

This charming 2-bedroom, 2-bath home sits on a spacious corner lot, offering an inviting blend of indoor comfort and outdoor leisure. With a fenced yard, heated chlorine pool, and thoughtful amenities, this home is a perfect haven for those seeking both tranquility and accessibility.

Don’t miss out on this incredible opportunity! Schedule your showing today and start your next chapter in this beautiful property.

Last Agent to Sell the Property

Debbie Bradbury

REAL ESTATE BROKERS USA, INC. Brokerage Phone: 863-247-8096 License #3231911 Listed on: 09/09/2024

Last Buyer's Agent

Robert Tough

EXP REALTY LLC License #3403237

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,574

Year Built

  • Built in 1984

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 88x176
  • South Facing Home
  • Fenced
  • Mature Landscaping
  • Corner Lot
  • Level Lot
  • Irrigation Equipment
  • Oak Trees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,485 Sq Ft Home
  • Ceiling Fan
  • Rods
  • French Doors
  • Family Room
  • Living Room
  • Dining Room
  • Inside Utility
  • Laundry in unit
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Range with Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Deck
  • Screened Patio
  • Separate Outdoor Workshop
  • Shed
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Electric Water Heater
  • 1 Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Stephensons Addn To Babson Park & Resub Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,574

Year Built

Built in 1984

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1485
  • Lot Size Acres: 0.36
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 1920
  • Lot Size Sq Ft: 15681
  • Status: Sold
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 178.37
  • Escrow City: Davenport
  • Escrow State: FL
  • Escrow Street Name: Deer Creek Commerce Lane
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 183.16
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 863-247-8096
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Electric Water Heater, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Window Features: Rods, Window Treatments
  • Additional Rooms: Inside Utility
  • Living Area Meters: 137.96

Exterior Features

  • Direction Faces: South
  • Other Structures: Shed(s), Storage, Workshop
  • Pool Features: Heated, In Ground, Screen Enclosure
  • Exterior Features: French Doors, Storage
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: Cable Available, Electricity Connected, Fire Hydrant
  • Cooling: Central Air
  • Heating: Central, Electric, Propane
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Public
  • Number Of Septics: 1
  • Number of Wells: 0

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: 0
  • Parcel Number: 33-30-28-955600-008130
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: Corner Lot, In County, Level, Paved
  • Lot Dimensions: 88x176
  • Flood Zone Code: x
  • Future Land Use: 0010

Rental Info

  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 2574
  • Tax Block: 008130
  • Tax Book Number: 0019/0028
  • Tax Lot: 001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Oct 21, 2024
Sold by
Nichols Joseph K
Bought by
Passarella Frank and Passarella Nicole
Seller's Agent
Debbie Bradbury
REAL ESTATE BROKERS USA, INC.
Buyer's Agent
Robert Tough
EXP REALTY LLC
List Price
$279,900
Sold Price
$272,000
Premium/Discount to List
-$7,900
-2.82%
Views
17
Current Estimated Value
$256,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,706
Avg. Annual Appreciation
-4.61%
Original Mortgage
$263,840
Outstanding Balance
$260,987
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
-$4,693

Purchase Details

Closed on
Feb 10, 2023
Sold by
Summers Julie A
Bought by
Nichols Joseph K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,540
Interest Rate
6.48%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 23, 2014
Sold by
Bevill Vicki L
Bought by
Summers Julie A

Purchase Details

Closed on
Oct 19, 2009
Sold by
Abshire Ronald B and Abshire Linda J
Bought by
Bevill Vicki L and Summers Julie A

Purchase Details

Closed on
Jul 24, 2001
Sold by
Grubaugh Richard A and Grubaugh Cynthia D
Bought by
Abshire Ronald B and Abshire Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
7.16%

Purchase Details

Closed on
Jun 7, 1996
Sold by
Henze Nellie B
Bought by
Grubaugh Richard A and Grubaugh Cynthia D

Purchase Details

Closed on
Jan 7, 1994
Sold by
Henze Nellie B
Bought by
Brewer Gary D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Passarella Frank $272,000 The Title Station
Passarella Frank $272,000 The Title Station
Nichols Joseph K $191,000 --
Nichols Joseph K $191,000 None Listed On Document
Summers Julie A -- Attorney
Bevill Vicki L -- Attorney
Bevill Vicki L $123,000 Real Estate Title Services I
Abshire Ronald B $76,400 --
Grubaugh Richard A $61,500 --
Henze Nellie B $100 --
Brewer Gary D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Passarella Frank $263,840
Closed Passarella Frank $263,840
Previous Owner Nichols Joseph K $187,540
Previous Owner Henze Nellie B $25,332
Previous Owner Henze Nellie B $77,500
Previous Owner Henze Nellie B $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2024 10/21/24 Sold $272,000 0.0% $183 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
09/26/2024 09/26/24 Price Changed $272,000 -2.8% $183 / Sq Ft
09/09/2024 09/09/24 For Sale $279,900 -- $188 / 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
2025 $2,567 $220,888 $23,727 $197,161
2024 $3,036 $189,104 $23,727 $165,377
2023 $3,036 $194,138 $22,936 $171,202
2022 $1,195 $95,048 $0 $0
2021 $1,193 $92,280 $0 $0
2020 $1,161 $91,006 $0 $0
2018 $1,090 $87,301 $0 $0
2017 $1,068 $85,505 $0 $0
2016 $1,018 $83,746 $0 $0
2015 $681 $83,164 $0 $0
2014 $955 $82,504 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: P4931922

Stellar MLS

APN: 28-30-33-955600-008130