NOT LISTED FOR SALE

8530 Rainbow Ave Orlando, FL 32825

Chickasaw Neighborhood

Estimated Value: $320,000 - $338,000

3 Beds
2 Baths
1,170 Sq Ft
$282/Sq Ft Est. Value

Sale Details

Date Sold: May 28, 2021

Last sale price $262,000 $224 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,215 / mo

3 Days on Market

Highlights

  • Open Floorplan
  • Bamboo Flooring
  • 2 Car Attached Garage
  • Cathedral Ceiling
  • No HOA
  • Eat-In Kitchen

About This Home

As of May 2021

Look at this 2005 Single Family, one story home with a host of new upgrades! This home has a roof that was installed in 2019 with new gutters, a new A/C unit (interior and exterior) that was installed in 2020, and a water heater that was installed in 2021! This home features 3 bedrooms and 2 full bathrooms with an open floor plan and no carpet throughout. The master bedroom is accompanied by a beautiful ensuite bathroom with a walk-in shower and large bathtub. The home also comes equipped with all the appliances including a refrigerator, stove, microwave, dishwasher, and washer and dryer! The recently flushed private septic system saves you money each month as well! This convenient location is close to 417 and the home is located on a dead-end street so there is limited traffic. NO HOA! Don’t miss out on this great home!

Last Agent to Sell the Property

Dylan Reinsel

License #3488391 Listed on: 04/17/2021

Last Buyer's Agent

Dylan Reinsel

License #3488391 Listed on: 04/17/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,744

Year Built

  • Built in 2005

Lot Details

  • 5,278 Sq Ft Lot
  • East Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,170 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Bamboo
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Saracity Gardens Sub Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,744

Year Built

Built in 2005

Lot Details

5,278 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1170
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 2005
  • Lot Size Sq Ft: 5278
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5937808?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5937808?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 223.93
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Bamboo, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Attic Fan, Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Room Count: 5

Exterior Features

  • Direction Faces: East
  • Exterior Features: Lighting, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Water Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: R-1
  • Parcel Number: 24-22-30-7816-04-040
  • Additional Parcels: No
  • Flood Zone Code: x

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 2744.13
  • Tax Block: D
  • Tax Book Number: M-31
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2021
Closed on
May 27, 2021
Sold by
Grillo Viviane Fracasso and Grillo Christian
Bought by
Diaz Tomy A Diaz and Amasifuen Luisa Fuentes
Seller's Agent
Dylan Reinsel
Buyer's Agent
Dylan Reinsel
List Price
$262,000
Sold Price
$262,000
Current Estimated Value
$330,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,176
Avg. Annual Appreciation
4.87%
Original Mortgage
$257,254
Outstanding Balance
$232,911
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$97,265

Purchase Details

Closed on
Mar 10, 2020
Sold by
Morales Margarita R
Bought by
Fracasso Viviane P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,400
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2014
Closed on
Jul 3, 2014
Sold by
Corrales James A
Bought by
Morales Margarita R and Crespo William
Seller's Agent
Margarita Morales
OLYMPUS EXECUTIVE REALTY INC
Buyer's Agent
Margarita Morales
OLYMPUS EXECUTIVE REALTY INC
List Price
$160,000
Sold Price
$150,000
Premium/Discount to List
-$10,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%
Original Mortgage
$100,000
Interest Rate
12%
Mortgage Type
Stand Alone First

Purchase Details

Listed on
Mar 20, 2012
Closed on
Sep 16, 2013
Sold by
Gallo Guillermo A
Bought by
Corrales James A
Seller's Agent
Margarita Morales
OLYMPUS EXECUTIVE REALTY INC
Buyer's Agent
Margarita Morales
OLYMPUS EXECUTIVE REALTY INC
List Price
$91,200
Sold Price
$81,100
Premium/Discount to List
-$10,100
-11.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
124.60%

Purchase Details

Closed on
Oct 6, 2005
Sold by
Smith Construction & Development Inc
Bought by
Ameur Ahmed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Diaz Tomy A Diaz $262,000 Stewart Title Company
Fracasso Viviane P $220,000 Contemporary T&E Llc
Morales Margarita R $150,000 Contemporary Title
Corrales James A $81,100 Integrity Title & Guaranty A
Ameur Ahmed $142,100 Southern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Tomy A Diaz $257,254
Previous Owner Fracasso Viviane P $213,400
Previous Owner Morales Margarita R $100,000
Previous Owner Ameur Ahmed $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2021 05/28/21 Sold $262,000 0.0% $224 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $262,000 +1096.3% $224 / Sq Ft
09/28/2018 09/28/18 Sold $21,900 -85.4% $19 / Sq Ft View Prior Sale
08/17/2018 08/17/18 Off Market $150,000 -- --
08/17/2018 08/17/18 Pending -- -- --
08/11/2018 08/11/18 For Sale $19,900 -86.7% $17 / Sq Ft
07/03/2014 07/03/14 Sold $150,000 +85.0% $128 / Sq Ft View Prior Sale
06/17/2014 06/17/14 Pending -- -- --
06/16/2014 06/16/14 Off Market $81,100 -- --
05/27/2014 05/27/14 Price Changed $155,000 -3.1% $132 / Sq Ft
04/15/2014 04/15/14 Price Changed $159,999 0.0% $137 / Sq Ft
04/15/2014 04/15/14 For Sale $160,000 +97.3% $137 / Sq Ft
09/27/2013 09/27/13 Sold $81,100 -11.1% $69 / Sq Ft View Prior Sale
04/22/2013 04/22/13 Pending -- -- --
04/22/2013 04/22/13 Price Changed $91,200 0.0% $78 / Sq Ft
04/22/2013 04/22/13 For Sale $91,200 +12.5% $78 / Sq Ft
03/20/2012 03/20/12 Off Market $81,100 -- --
03/19/2012 03/19/12 For Sale $80,000 -- $68 / Sq Ft
Source: Stellar MLS

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 $5,237 $301,070 $50,000 $251,070
2024 $4,211 $289,170 $50,000 $239,170
2023 $4,211 $261,178 $40,000 $221,178
2022 $3,762 $225,711 $40,000 $185,711
2021 $3,155 $183,673 $35,000 $148,673
2020 $2,744 $169,176 $30,000 $139,176
2019 $2,692 $160,216 $20,000 $140,216
2018 $2,628 $132,199 $20,000 $112,199
2017 $1,721 $121,195 $12,000 $109,195
2016 $1,693 $117,849 $12,000 $105,849
2015 $1,716 $112,281 $12,000 $100,281
2014 $1,963 $85,005 $10,500 $74,505
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Dylan Reinsel

    Section Image
  • Peter Macera

    Seller's Agent in 2018

    Peter Macera

    MACERA REALTY GROUP INC

    (407) 970-2104

    40 Total Sales

    Peter Macera
    Section Image

  • M

    Seller's Agent in 2014

    Margarita Morales

    OLYMPUS EXECUTIVE REALTY INC

    (321) 276-1658

    6 in this area

    66 Total Sales

    Margarita Morales
    Section Image
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Map

Source: Stellar MLS

MLS Number: O5937808

Stellar MLS

APN: 24-2230-7816-04-040

Florida Orange County Orlando 32825 Chickasaw

8530 Rainbow Ave, Orlando, FL

Not Listed for Sale

Detached

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Stellar MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID

Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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