NOT LISTED FOR SALE

7107 Rainbow Dr Louisville, KY 40272

Valley Village Neighborhood

Estimated Value: $119,000 - $181,035

3 Beds
1 Bath
1,038 Sq Ft
$154/Sq Ft Est. Value

Last Sold April 17, 2020

Last sale price $89,000 $86 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $987/month

4 Days on Market

Highlights

  • Deck
  • Forced Air Heating and Cooling System
  • Property is Fully Fenced
  • No HOA
  • 1 Car Garage

About This Home

As of April 2020

Very nice 3 BR home with larger living room with cathedral ceiling. Sliding kitchen door opens to deck overlooking large .4 acre fully fenced yard. Nice wood kitchen cabinets. Range and Refrigerator remain. Has carport PLUS 1 car block garage, 2 driveways. Carport could easily be made into a nice addition. Nice vinyl tilt in windows.
Property for sale by OWNER/Agent. Vacant,

Last Agent to Sell the Property

Laverne Heck

LaVerne Heck, REALTOR License #215240 Listed on: 03/03/2020

Last Buyer's Agent

Erin Skaggs

Hasty REALTORS License #245263

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,382

Year Built

  • Built in 1955

Lot Details

  • Property is Fully Fenced
  • Wood Fence
  • Chain Link Fence

Parking

  • 1 Car Garage
  • 1 Carport Space

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,038 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

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 140 / 1201095
  • Assessor Parcel Number 120100950140
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,382

Year Built

Built in 1955

Lot Details

0

Parking

1

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: 1038.0
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Other
  • Utilities Electricity Connected: Yes
  • Full Bathroom Level: First
  • Rooms:Living Room5: Yes
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Fencing Wood4: Yes
  • Architectural Style Ranch: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Bedroom Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • ResoLivingAreaSource: Other
  • Basement:None6: Yes

Exterior Features

  • Fencing: Full, Wood, Chain Link
  • Roof: Shingle
  • Acres: 0.4
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck
  • Exterior Features:Fencing - Full: Yes
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • General Property Description:Garage Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 17424.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 120100950140
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1955

Tax Info

  • Tax Block: 1201095
  • Tax Lot: 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2020
Closed on
Apr 17, 2020
Sold by
Heck Mary Laverne
Bought by
Skaggs Brandon and Skaggs Natalie
Seller's Agent
Laverne Heck
LaVerne Heck, REALTOR
Buyer's Agent
Erin Skaggs
Hasty REALTORS
List Price
$87,000
Sold Price
$89,000
Premium/Discount to List
$2,000
2.3%
Current Estimated Value
$160,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,009
Avg. Annual Appreciation
10.71%
Original Mortgage
$87,387
Outstanding Balance
$78,480
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$75,217
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Skaggs Brandon $89,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skaggs Brandon $87,387
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2020 04/17/20 Sold $89,000 +2.3% $86 / Sq Ft
03/05/2020 03/05/20 Pending -- -- --
03/01/2020 03/01/20 For Sale $87,000 -- $84 / 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 $1,382 $118,590 $19,620 $98,970
2023 $1,421 $118,590 $19,620 $98,970
2022 $1,070 $89,000 $18,000 $71,000
2021 $1,153 $89,000 $18,000 $71,000
2020 $1,042 $90,050 $18,000 $72,050
2019 $1,021 $90,050 $18,000 $72,050
2018 $791 $70,580 $17,000 $53,580
2017 $741 $70,580 $17,000 $53,580
2013 $706 $70,580 $17,000 $53,580
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Laverne Heck

    LaVerne Heck, REALTOR

    Section Image

  • E

    Buyer's Agent in 2020

    Erin Skaggs

    Hasty REALTORS

    Section Image
See All Agents

Map

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

MLS Number: 1554301

Metro Search (Greater Louisville Association of REALTORS®)

APN: 120100950140

Kentucky Jefferson County Louisville 40272 Valley Village

7107 Rainbow Dr, Louisville, KY

This home is located at 7107 Rainbow Dr, Louisville, KY 40272 since 03 March 2020 and is currently estimated at $160,009, approximately $154 per square foot. This property was built in 1955. 7107 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.

Nearby Homes