NOT LISTED FOR SALE

8101 Rainbow Dr Painesville, OH 44077

Estimated Value: $443,000 - $662,000

5 Beds
3.5 Baths
4,052 Sq Ft
$139/Sq Ft Est. Value

Last Sold October 30, 2019

Last sale price $410,000 $101 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,107/month

57 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Patio
  • 2 Fireplaces
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of October 2019

Beautiful 5 bedroom home in Nature Preserve South! An impressive entrance features a two-story foyer and great room with a fireplace. The main floor offers a master bedroom suite, an office with floor to ceiling windows and vaulted ceilings and a first-floor mudroom/laundry. Entertain in this gorgeous home with a formal large dining room and open kitchen with newer stainless appliances, large island and granite countertops. The Second-floor features a generously sized loft that overlooks the great room and foyer. Three additional bedrooms and a full bath are also on the upper level. One of the guest rooms is equipped with a walk-closet and tandem 12X12 bonus room that is perfect for an office or game room. The lower level is absolutely beautiful and sets this home apart from all the rest! The massive living area is perfect for a movie room, has a full wet bar with granite countertops, layered lighting, pendants, refrigerator, wine refrigerator, fireplace, and additional baseboard heating. Lower level has yet another large bedroom, full bath, and ample storage. This home has a 3 car garage. Outside you will find new, professionally landscaped gardens, stamped patio, indoor/outdoor home sound system, irrigation system, outdoor lighting. Welcome home to this magnificent property, where your every need is met!

Last Agent to Sell the Property

Andrea Johnston

Berkshire Hathaway HomeServices Professional Realty License #2015004969 Listed on: 08/02/2019

Berkshire Hathaway HomeServices Professional Realty

Last Buyer's Agent

TJ Weigel

eAgent Real Estate Corp. License #2002006847

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,441

Year Built

  • Built in 2006

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 152x255
  • Sprinkler System

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Utilities

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

Community Details

  • $50 Annual Maintenance Fee
  • Maintenance fee includes Landscaping
  • Nature Preserve South Community

Listing and Financial Details

  • Assessor Parcel Number 08-A-012-K-00-009-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,441

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 137.58
  • Estimated Price per Sq Ft: 137.58
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2980
  • Year Built: 2006
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2006

Interior Features

  • Fireplaces: 2
  • Total Bedrooms: 5
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 13
  • Basement Detail: Finished
  • Sq Ft Approx Above Grade Finished: 2980.00
  • Sq Ft Approx Below Grade Finished: 1072.00
  • Sq Ft Approx Total Finished: 4052.00

Exterior Features

  • Exterior: Brick, Vinyl
  • Exterior Features: Patio, Porch, Sprinkler/Irrigation
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener, Heated
  • Garage Num Of Cars: 3

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Fireplace-Gas, Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Maint Fee Amount: 50.00
  • Maint Fee Freq: Monthly
  • Maint Fee Includes: Landscaping
  • Maint Provider: Natures Preserve South
  • Subdivision Complex: Nature Preserve South

Schools

  • School District: Riverside LSD
  • School District: Riverside LSD

Lot Info

  • Lot Dimensions: 152x255
  • Lot Size Units: Acres
  • Acres: 0.5173
  • Parcel Number: 08-A-012-K-00-009-0

Tax Info

  • Tax: 7441

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2019
Closed on
Oct 31, 2019
Sold by
Tameris Robert K and Tameris Eve
Bought by
Lignetta Anthony J and Lignetta Jennifer
Seller's Agent
Andrea Johnston
Berkshire Hathaway HomeServices Professional Realty
Buyer's Agent
TJ Weigel
eAgent Real Estate Corp.
List Price
$429,000
Sold Price
$410,000
Premium/Discount to List
-$19,000
-4.43%
Current Estimated Value
$564,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,408
Avg. Annual Appreciation
5.56%
Original Mortgage
$300,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2018
Closed on
Nov 28, 2018
Sold by
Seifert Brian A and Seifert Amy R
Bought by
Eve Tameris Robert K and Eve Teameris
Seller's Agent
Marcy Feather
Keller Williams Greater Cleveland Northeast
Buyer's Agent
Andrea Johnston
Berkshire Hathaway HomeServices Professional Realty
List Price
$425,000
Sold Price
$392,000
Premium/Discount to List
-$33,000
-7.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
Original Mortgage
$292,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2011
Sold by
Green Christopher T
Bought by
Seifert Brian A and Seifert Amy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2007
Sold by
Mccullough Builders Developers Inc
Bought by
Green Christopher T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2005
Sold by
Eye Will Development Inc
Bought by
Mccullough Builders Developers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.01%
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
Lignetta Anthony J $410,000 None Available
Eve Tameris Robert K $392,000 Ohio Real Title
Seifert Brian A $402,000 Emerald Glen Title Agency
Green Christopher T $379,900 Attorney
Mccullough Builders Developers Inc $110,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lignetta Anthony J $300,000
Closed Eve Tameris Robert K $292,000
Previous Owner Seifert Brian A $360,000
Previous Owner Green Christopher T $294,000
Previous Owner Mccullough Builders Developers Inc $344,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2019 10/30/19 Sold $410,000 -4.4% $101 / Sq Ft
09/28/2019 09/28/19 Pending -- -- --
08/02/2019 08/02/19 For Sale $429,000 +9.4% $106 / Sq Ft
11/28/2018 11/28/18 Sold $392,000 -2.0% $97 / Sq Ft
09/27/2018 09/27/18 Pending -- -- --
07/31/2018 07/31/18 Price Changed $399,900 -5.9% $99 / Sq Ft
05/18/2018 05/18/18 For Sale $425,000 -- $105 / Sq Ft
Source: MLS Now

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 -- $159,190 $29,330 $129,860
2023 $13,506 $139,840 $23,430 $116,410
2022 $7,441 $139,840 $23,430 $116,410
2021 $7,570 $139,840 $23,430 $116,410
2020 $7,424 $121,600 $20,370 $101,230
2019 $7,416 $121,600 $20,370 $101,230
2018 $7,751 $125,350 $17,340 $108,010
2017 $8,062 $125,350 $17,340 $108,010
2016 $7,411 $125,350 $17,340 $108,010
2015 $6,756 $125,350 $17,340 $108,010
2014 $6,213 $115,530 $17,340 $98,190
2013 $6,213 $115,530 $17,340 $98,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4121298

MLS Now

APN: 08-A-012-K-00-009