$111,500
SOLD MAR 21, 2025
3 Beds
1 Bath
984 Sq Ft
0.25 Acres

Recently Sold

$113 Per Sq Ft

1% Above List Price

4 Days on Market

Highlights

  • No HOA
  • Porch
  • Partially Fenced Property
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of June 2025

7312 Rainbow Dr. is a fantastic investor special with tons of potential! This 3-bedroom, 1-bath home features a charming front porch and a one-car garage, offering great curb appeal. With a little TLC, this property could shine as a perfect rental or flip opportunity. The layout provides a solid foundation for renovations, making it a great investment. Don't miss your chance to add value and make this home your next project! Schedule a showing today!

Last Agent to Sell the Property

Kelly Schoeffler

Green Team Real Estate Services License #217725 Listed on: 02/25/2025

Green Team Real Estate Services

Last Buyer's Agent

Lamont Hammonds

Green Team Real Estate Services License #292192

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $770

Year Built

  • Built in 1955

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 984 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

Additional Features

  • Porch
  • Partially Fenced Property

Community Details

  • No Home Owners Association
  • Valley Village Subdivision

Listing and Financial Details

  • Legal Lot and Block 0085 / 1200
  • Assessor Parcel Number 120000850440
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$770

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: 984.0
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Other
  • Utilities Electricity Connected: Yes
  • Full Bathroom Level: First
  • Rooms:Living Room5: Yes
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Foundation:Slab: 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
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • ResoLivingAreaSource: Other
  • Basement:None6: Yes

Exterior Features

  • Fencing: Partial
  • Roof: Shingle
  • Acres: 0.25
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Porch
  • Patio and Porch Features:Porch2: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: No
  • Parking Features: Detached, Driveway
  • General Property Description:Garage Spaces: 1
  • Garageparkingdriveway: Yes
  • GarageParking:Detached: Yes

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: 10816.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 120000850440
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1955

Tax Info

  • Tax Block: 1200
  • Tax Lot: 0085

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2025
Closed on
Jun 30, 2025
Sold by
Your Vision Property Solutions Llc
Bought by
Albro Jenna and Albro Jacob
Seller's Agent
Lamont Hammonds
Green Team Real Estate Services
Buyer's Agent
Joseph Milesko II
Schuler Bauer Real Estate Services ERA Powered
List Price
$186,000
Sold Price
$186,000
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-100.00%
Original Mortgage
$10,000
Outstanding Balance
$10,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$102,910

Purchase Details

Listed on
Feb 25, 2025
Closed on
Mar 21, 2025
Sold by
Foley Vicky L
Bought by
Your Vision Property Solutions Llc
Seller's Agent
Kelly Schoeffler
Green Team Real Estate Services
Buyer's Agent
Lamont Hammonds
Green Team Real Estate Services
List Price
$110,000
Sold Price
$111,500
Premium/Discount to List
$1,500
1.36%
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
521.88%
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 Type Sale Price Title Company
Deed $186,000 Bluegrass Land Title
Deed $186,000 Bluegrass Land Title
Warranty Deed $111,500 Agency Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,000 New Conventional
Closed $10,000 New Conventional
Open $182,631 FHA
Closed $182,631 FHA
Closed $10,000 New Conventional
Previous Owner $10,000 Credit Line Revolving
Previous Owner $37,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $186,000 0.0% $189 / Sq Ft
06/07/2025 06/07/25 For Sale $186,000 +66.8% $189 / Sq Ft
03/21/2025 03/21/25 Sold $111,500 +1.4% $113 / Sq Ft
03/01/2025 03/01/25 Pending -- -- --
02/25/2025 02/25/25 For Sale $110,000 -- $112 / 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 $770 $112,420 $18,000 $94,420
2023 $792 $112,420 $18,000 $94,420
2022 $555 $86,700 $18,000 $68,700
2021 $599 $86,700 $18,000 $68,700
2020 $548 $86,700 $18,000 $68,700
2019 $537 $86,700 $18,000 $68,700
2018 $347 $68,560 $17,000 $51,560
2017 $325 $68,560 $17,000 $51,560
2013 $686 $68,560 $17,000 $51,560
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1680488

Metro Search (Greater Louisville Association of REALTORS®)

APN: 120000850440