$55,000
SOLD NOV 15, 2024

6589 Rainbow Ln Cincinnati, OH 45230

3 Beds
1 Bath
925 Sq Ft
5,401 Sq Ft Lot

Recently Sold

$59 Per Sq Ft

21% Below List Price

34 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Central Air
  • Walnut Hills High School Rated A+

About This Home

As of April 2025

Fire damaged home, not safe to enter, bid from curb. Appropriate for rehab or new build. Ranch home, 3 bedrooms, 1 bath. Plenty of off street parking.

Last Agent to Sell the Property

Tim Cottrill

Sibcy Cline, Inc. License #2005010364 Listed on: 08/30/2024

Sibcy Cline, Inc.

Last Buyer's Agent

Jeff Rosa

eXp Realty License #0000420994

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,888

Year Built

  • Built in 1954

Lot Details

  • 5,401 Sq Ft Lot
  • Lot Dimensions are 54 x 100

Parking

  • Off-Street Parking

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 925 Sq Ft Home
  • Vinyl Clad Windows
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,888

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Suburb: Mt. Washington
  • Cross Street: Corbly
  • Broker Approved: Yes
  • Basement Sq Ft: 925
  • Census Tract Realist: 46.04
  • Cooling: Central Air
  • Heating: Electric
  • Lot Area Realist: 5401.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00-05:00
  • Suburb S I C: Mt. Washington
  • Price Per Acre: 443548.39
  • Basement Features: Unfinished
  • Level 1 Bathroom Type: Full
  • Level 1 Bathroom: Yes
  • Level 1 Bedroom: Yes
  • Living Great Rm Area: 322
  • Living Great Rm Dim: 23 x 14
  • Living Great Rm Len: 23
  • Living Great Rm Wid: 14
  • Single Family Desc: Single Family
  • Study Lib Den Dim: 0 x 0
  • Water Heating: Electric
  • Year Built: 1954
  • Architecture: Ranch
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Directions: Beechmont to Corbly to Rainbow, home on left no sign in yard.
  • Lot Measurement: Acres
  • Status: Sold
  • Showing Start Date: 2024-08-30
  • Property Subtype 1: Single Family Residence
  • Occupancy: At Closing
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedroom 2: 11x11 Level: 1
  • Bedroom 3: 11x10 Level: 1
  • Living Room: 23x14 Level: 1
  • Formal Dining Room: No
  • Property Type: Residential
  • Reciprocal Listing: No
  • Semi Annual Taxes: $1497
  • Kitchen: 11x10 Level: 1
  • Bedroom 2 Area: 121
  • Basement: Partial
  • Bedroom 3 Area: 110
  • Bathrooms: 1.00
  • Kitchen Area: 110
  • Kitchen Dim: 11 x 10
  • Levels: One
  • Zero Selling Price: No
  • Bathroom 1: Full
  • Level 1 Bath: 1
  • Laundryroom Dim: 0 x 0
  • Recreation Room Dim: 0 x 0
  • Available for Lease: No
  • Bldg Sq Ft (Realist): 925.00
  • Total Rooms: 5
  • Windows: Vinyl
  • First Floor Family Room: No
  • PrimaryBedroomArea: 132
  • PrimaryBedroomDim: 11 x 12
  • PrimaryBedroomLen: 11
  • P R I M A R Y B E D R O O M: 11x12 Level: 1

Exterior Features

  • Roof: Shingle
  • Construction: Other
  • Foundation: Poured
  • Listing Price: 64900.00
  • Acres: 0.1240
  • New Construction: No

Garage/Parking

  • Garage Carport: None
  • Parking: Off Street

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Yes/No: No
  • Association: Cincinnati Area Multiple Listing Service

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 54 x 100
  • Lot Size Sq Ft: 5401.00
  • Total Assessed Value: Of Record
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Abatement: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2025
Closed on
Apr 25, 2025
Sold by
Grosa Properties Llc
Bought by
Thompson Colin Byron
Seller's Agent
Jeff Rosa
eXp Realty
Buyer's Agent
Sydney Hardoerfer
Sibcy Cline, Inc.
List Price
$225,000
Sold Price
$224,500
Premium/Discount to List
-$500
-0.22%
Views
169
Current Estimated Value
$218,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,423
Avg. Annual Appreciation
-10.96%
Original Mortgage
$229,326
Outstanding Balance
$229,125
Interest Rate
6.67%
Mortgage Type
VA
Estimated Equity
-$11,048

Purchase Details

Listed on
Aug 30, 2024
Closed on
Nov 5, 2024
Sold by
Nrea Vb Ii Llc
Bought by
Grosa Properties Llc
Seller's Agent
Tim Cottrill
Sibcy Cline, Inc.
Buyer's Agent
Jeff Rosa
eXp Realty
List Price
$69,900
Sold Price
$55,000
Premium/Discount to List
-$14,900
-21.32%
Views
86

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2345.14%

Purchase Details

Closed on
Oct 29, 2018
Sold by
Muddy River Homes Llc
Bought by
Nrea Vb Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,140,000
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 16, 2015
Closed on
Jun 11, 2015
Sold by
Kassem Nasser
Bought by
Muddy River Homes Llc
Seller's Agent
Mitzi Hickland
Barnes Real Estate Group
Buyer's Agent
Craig Steele
Plum Tree Realty
List Price
$55,000
Sold Price
$39,000
Premium/Discount to List
-$16,000
-29.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.52%

Purchase Details

Listed on
Dec 12, 2012
Closed on
Mar 14, 2013
Sold by
Citimortgage Inc
Bought by
Kassem Nasser
Seller's Agent
Douglas Annis
eXp Realty
Buyer's Agent
Douglas Annis
eXp Realty
List Price
$24,999
Sold Price
$10,000
Premium/Discount to List
-$14,999
-60%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
85.12%

Purchase Details

Closed on
Jul 30, 2012
Sold by
Leonard James J and Leonard James Joseph
Bought by
Citimortgage Inc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $224,500 None Listed On Document
Warranty Deed $224,500 None Listed On Document
Special Warranty Deed $55,000 None Listed On Document
Limited Warranty Deed -- None Available
Warranty Deed $39,000 Attorney
Limited Warranty Deed $10,000 None Available
Sheriffs Deed $34,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $229,326 VA
Closed $229,326 VA
Previous Owner $24,140,000 Commercial
Previous Owner $6,484 Unknown
Previous Owner $12,377 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Sold $224,500 -0.2% $243 / Sq Ft
03/23/2025 03/23/25 Pending -- -- --
03/08/2025 03/08/25 For Sale $225,000 +309.1% $243 / Sq Ft
11/15/2024 11/15/24 Sold $55,000 -15.3% $59 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
09/18/2024 09/18/24 Price Changed $64,900 -7.2% $70 / Sq Ft
08/30/2024 08/30/24 For Sale $69,900 +79.2% $76 / Sq Ft
09/10/2015 09/10/15 Off Market $39,000 -- --
06/11/2015 06/11/15 Sold $39,000 -29.1% $42 / Sq Ft
05/22/2015 05/22/15 Pending -- -- --
03/16/2015 03/16/15 For Sale $55,000 +450.0% $59 / Sq Ft
06/26/2013 06/26/13 Off Market $10,000 -- --
03/27/2013 03/27/13 Sold $10,000 -60.0% $11 / Sq Ft
03/06/2013 03/06/13 Pending -- -- --
12/12/2012 12/12/12 For Sale $24,999 -- $27 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

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 $3,888 $38,074 $8,523 $29,551
2023 $2,978 $38,074 $8,523 $29,551
2022 $2,638 $29,425 $6,045 $23,380
2021 $2,047 $29,425 $6,045 $23,380
2020 $2,053 $29,425 $6,045 $23,380
2019 $1,881 $24,522 $5,037 $19,485
2018 $1,882 $24,522 $5,037 $19,485
2017 $1,812 $24,522 $5,037 $19,485
2016 $274 $3,500 $3,192 $308
2015 $246 $3,500 $3,192 $308
2014 $247 $3,500 $3,192 $308
2013 $1,662 $23,982 $5,425 $18,557
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1816617

MLS of Greater Cincinnati (CincyMLS)

APN: 001-0001-0260