Seller's Agent in 2023
Michelle McQuade
Howard Hanna
(440) 823-2448
244 Total Sales
8156 Rainbow Dr Painesville, OH 44077
Estimated Value: $496,000 - $573,000
3
Beds
2
Baths
2,358
Sq Ft
$225/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- Ranch Style House
- 3 Car Attached Garage
- Deck
- 1 Fireplace
- Forced Air Heating and Cooling System
About This Home
As of March 2023Welcome to this beautiful ranch style home situated on a half an acre and close proximity to shopping and dining! Incredible one owner home has been meticulously taken care of both inside and out and ready for its next owners. The large chef's eat-in kitchen features maple cabinetry with granite counters, gourmet island, breakfast bar and ample storage with the walk-in pantry. You will savor the moments enjoying the breathtaking panoramic views of the woods whether having morning coffee in the breakfast area that is surrounded by windows...or sitting on the covered trex flooring deck that extends along the backside of the home at sunset. Great home to entertain with the open floor plan as guests can mingle easily from the dining area to the vaulted ceiling family room featuring custom wood and stone surround gas burning fireplace. The ensuite includes a sizable bath that showcases two vanities with marble counters, walk-in shower and soaking tub with jets, two walk-in closets and sliding glass door to the private deck with ceiling fan. Nature enthusiasts will appreciate the mature woods and beautiful gardens! Many other upgrades and features including, hardwood flooring in foyer, kitchen and hallway, three car garage, walk-out lower level, Pella windows, professional landscape and irrigation system and more! Call agent today for an appointment.
Last Agent to Sell the Property
Howard Hanna License #2013003551 Listed on: 02/02/2023
Last Buyer's Agent
Berkshire Hathaway HomeServices Professional Realty License #2013000048
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,665
Year Built
- Built in 2008
Lot Details
- 22,216 Sq Ft Lot
- Lot Dimensions are 100x220
- East Facing Home
Parking
- 3 Car Attached Garage
- Driveway
Home Design
- Ranch Style House
- Asphalt Roof
- Stone Siding
- Vinyl Construction Material
Interior Spaces
- 2,358 Sq Ft Home
- 1 Fireplace
- Views of Woods
- Unfinished Basement
- Walk-Out Basement
Kitchen
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
- Nature Preserve South Community
Listing and Financial Details
- Assessor Parcel Number 08-A-012-k-00-034-0
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 2, 2023
Closed on
Mar 1, 2023
Sold by
William G Bares Trust
Bought by
Summerhill Gary and Summerhill Susan C
Seller's Agent
Michelle McQuade
Howard Hanna
Buyer's Agent
Joseph Zingales
Berkshire Hathaway HomeServices Professional Realty
List Price
$425,000
Sold Price
$445,000
Premium/Discount to List
$20,000
4.71%
Views
47
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,809
Avg. Annual Appreciation
5.74%
Original Mortgage
$378,200
Outstanding Balance
$327,132
Interest Rate
5.14%
Mortgage Type
Balloon
Estimated Equity
$203,677
Purchase Details
Closed on
Sep 7, 2022
Sold by
Bares William G
Bought by
William G Bares Trust
Purchase Details
Closed on
May 31, 2011
Sold by
Velotta Construction Co
Bought by
Bares William G and Bares Jean A
Purchase Details
Closed on
Sep 9, 2005
Sold by
Eye Will Development Inc
Bought by
Velotta Construction Co
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Summerhill Gary | $445,000 | Title Professionals Group | |
| William G Bares Trust | -- | -- | |
| Bares William G | $399,900 | Attorney | |
| Velotta Construction Co | $225,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Summerhill Gary | $378,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/09/2023 03/09/23 | Sold | $445,000 | +4.7% | $189 / Sq Ft |
| 02/06/2023 02/06/23 | Pending | -- | -- | -- |
| 02/02/2023 02/02/23 | For Sale | $425,000 | -- | $180 / Sq Ft |
Source: MLS Now
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 |
|---|---|---|---|---|
| 2025 | -- | $155,360 | $28,640 | $126,720 |
| 2024 | -- | $155,360 | $28,640 | $126,720 |
| 2023 | $11,826 | $122,450 | $22,870 | $99,580 |
| 2022 | $6,540 | $122,450 | $22,870 | $99,580 |
| 2021 | $6,665 | $122,450 | $22,870 | $99,580 |
| 2020 | $6,537 | $106,480 | $19,890 | $86,590 |
| 2019 | $6,531 | $106,480 | $19,890 | $86,590 |
| 2018 | $6,552 | $110,530 | $17,240 | $93,290 |
| 2017 | $7,144 | $110,530 | $17,240 | $93,290 |
| 2016 | $6,568 | $110,530 | $17,240 | $93,290 |
| 2015 | $5,957 | $110,530 | $17,240 | $93,290 |
| 2014 | $5,488 | $102,050 | $17,240 | $84,810 |
| 2013 | $5,488 | $102,050 | $17,240 | $84,810 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle McQuade
-
Joseph Zingales
Buyer's Agent in 2023
Joseph Zingales
Berkshire Hathaway HomeServices Professional Realty
(440) 346-2031
606 Total Sales
-
Cyndi McCloud
C
Buyer Co-Listing Agent in 2023
Cyndi McCloud
Berkshire Hathaway HomeServices Professional Realty
(440) 537-2641
25 Total Sales
Map
Source: MLS Now
MLS Number: 4436010
APN: 08-A-012-K-00-034
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