NOT LISTED FOR SALE

7105 Rainbow Dr Louisville, KY 40272

Valley Village Neighborhood

Estimated Value: $186,000 - $202,000

3 Beds
1 Bath
1,249 Sq Ft
$155/Sq Ft Est. Value

Last Sold July 21, 2020

Last sale price $135,000 $108 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,188/month

7 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Privacy Fence
  • 2 Car Detached Garage

About This Home

As of July 2020

Ranch style home with a large covered from porch. Home is well taken care of and shows well. Great Room could also be used for a formal dining area. Eat in Kitchen opens to a large back yard, with another large covered porch perfect for entertaining. The 3 bedroom are large. There is also a laundry room that has a newer tankless water heater installed in 2019, undated electrical panel. This home also features a generator installed in 2009 inspected and serviced in March. Outside you have 2+ car garage with a climate controlled he/she shed attached, behind this is an attached shed for mowing equipment. Lots of storage!

Last Agent to Sell the Property

Linda Mattingly

United Real Estate Louisville License #209912 Listed on: 05/02/2020

United Real Estate Louisville

Last Buyer's Agent

Derrick Stewart

DREAM J P Pirtle REALTORS License #268301

DREAM J P Pirtle REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,591

Year Built

  • Built in 1953

Lot Details

  • Privacy Fence

Parking

  • 2 Car Detached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,249 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Valley Village Subdivision

Listing and Financial Details

  • Legal Lot and Block 0002 / 1201
  • Assessor Parcel Number 120100020141
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,591

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Cooling System: Central Air
  • Stories: 1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Garage Yn: Yes
  • Subdivision Name: VALLEY VILLAGE
  • Above Grade Finished Sq Ft: 1249.0
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Other
  • Utilities Electricity Connected: Yes
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Foundation:Slab: Yes
  • Fencing Privacy: Yes
  • Architectural Style Ranch: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Bedroom Level: First
  • Dining Area Level: First
  • Great Room Level: First
  • Laundry Level: First
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Other
  • Other Rooms:Dining Area: Yes
  • Basement:None6: Yes

Exterior Features

  • Fencing: Privacy
  • Roof: Shingle
  • Acres: 0.5
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: No
  • Parking Features: Detached
  • General Property Description:Garage Spaces: 2
  • GarageParking:Detached: Yes

Utilities

  • Utilities: Electricity Connected, Fuel:Natural
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Jefferson

Lot Info

  • Lot Size Sq Ft: 21780.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 120100020141
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1953

Tax Info

  • Tax Block: 1201
  • Tax Lot: 0002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2020
Closed on
Jul 21, 2020
Sold by
Romines Joel M and Romines Patricia A
Bought by
Burns Kim
Seller's Agent
Linda Mattingly
United Real Estate Louisville
Buyer's Agent
Derrick Stewart
DREAM J P Pirtle REALTORS
List Price
$135,600
Sold Price
$135,000
Premium/Discount to List
-$600
-0.44%
Current Estimated Value
$193,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,504
Avg. Annual Appreciation
6.80%
Original Mortgage
$132,554
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 21, 2008
Sold by
Grimes Gary J and Grimes Linda
Bought by
Romines Joel M and Romines Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,310
Interest Rate
5.68%
Mortgage Type
FHA

Purchase Details

Closed on
May 25, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Grimes Gary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,900
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Burns Kim $135,000 None Available
Romines Joel M $102,900 Agency Title
Grimes Gary J $61,000 Thoroughbred Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burns Kim $142,180
Closed Burns Kim $132,554
Closed Burns Kim $6,000
Previous Owner Romines Joel M $97,429
Previous Owner Romines Joel M $101,310
Previous Owner Grimes Gary J $54,900
Previous Owner Adams David R $73,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2020 07/21/20 Sold $135,000 -0.4% $108 / Sq Ft
05/08/2020 05/08/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $135,600 -- $109 / Sq Ft
Source: Metro Search (Greater Louisville Association of REALTORS®)

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 $1,591 $136,530 $19,980 $116,550
2023 $1,636 $136,530 $19,980 $116,550
2022 $1,623 $135,000 $18,000 $117,000
2021 $1,733 $135,000 $18,000 $117,000
2020 $1,216 $105,080 $18,000 $87,080
2019 $1,191 $105,080 $18,000 $87,080
2018 $1,105 $98,610 $17,000 $81,610
2017 $1,035 $98,610 $17,000 $81,610
2013 $986 $98,610 $17,000 $81,610
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Linda Mattingly

    United Real Estate Louisville

    Section Image
  • Derrick Stewart

    Buyer's Agent in 2020

    Derrick Stewart

    DREAM J P Pirtle REALTORS

    (502) 314-9868

    2 in this area

    263 Total Sales

    Derrick Stewart
    Section Image
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Map

Source: Metro Search (Greater Louisville Association of REALTORS®)

MLS Number: 1558480

Metro Search (Greater Louisville Association of REALTORS®)

APN: 120100020141

Kentucky Jefferson County Louisville 40272 Valley Village

7105 Rainbow Dr, Louisville, KY

This home is located at 7105 Rainbow Dr, Louisville, KY 40272 since 02 May 2020 and is currently estimated at $193,504, approximately $154 per square foot. This property was built in 1953. 7105 Rainbow Dr is a home located in Jefferson County with nearby schools including Dixie Elementary School, Medora Elementary, and Johnsontown Road Elementary.

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.

Metro Search (Greater Louisville Association of REALTORS®) The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Copyright 2025 Metro Search, Inc.

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