NOT LISTED FOR SALE

8537 Rainbow Ave Orlando, FL 32825

Chickasaw Neighborhood

Estimated Value: $327,000 - $352,000

3 Beds
3 Baths
1,335 Sq Ft
$254/Sq Ft Est. Value

Last Sold February 22, 2022

Last sale price $310,000 $232 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,114/month

1 Day on Market

About This Home

As of February 2022

Take a look at this lovely, spacious 3 bedroom, 2.5 bath, two story home in Orlando with NO HOA! **ROOF REPLACED IN February-2020 ** ROOF IS A LITTLE OVER ONE YEAR OLD. Air Condition REPLACED In Nov - 2016** Beautiful wood flooring, Updated/replaced cabinets/kitchen September-2017. Kitchen features a Stove and Dishwasher replaced in September - 2016 ** This home is in a prime location. Location is convenient to restaurants, port canaveral cruise ships, beaches, toll roads 528, 417 & 408, tons of shopping nearby, theme parks, hospitals, Valencia College, University of Central Florida, and minutes to downtown Orlando! Anything not attached to home does not convey.

Last Agent to Sell the Property

Mike Jackson

LAWHUN ENTERPRISES IV, LLC DBA: FLORIDA REALTY INVESTMENTS IV License #3443849 Listed on: 12/28/2021

LAWHUN ENTERPRISES IV, LLC DBA: FLORIDA REALTY INVESTMENTS IV

Last Buyer's Agent

Mike Jackson

LAWHUN ENTERPRISES IV, LLC DBA: FLORIDA REALTY INVESTMENTS IV License #3443849 Listed on: 12/28/2021

LAWHUN ENTERPRISES IV, LLC DBA: FLORIDA REALTY INVESTMENTS IV

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,025

Year Built

  • 2005

Lot Details

  • 0.25 Acre Lot

Parking

  • 2

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,025

Year Built

2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Carport Y N: No
  • Directions: Hwy 50 east to South on Chickasaw to east on Millinockett to south onto Norman. Rainbow Ave on left.
  • Garage Yn: Yes
  • New Construction: No
  • Ownership: Fee Simple
  • Road Surface Type: Paved
  • Subdivision Name: SARACITY GARDENS SUB
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5993432?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5993432?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.03333
  • Price per Sq Ft: 232.21
  • Close to Original List Price Ratio: 1.03333
  • Special Features: None
  • Year Built: 2005

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Ceiling Fans(s), Dormitorio Principal Arriba
  • Stories: 2
  • Room Count: 9

Exterior Features

  • Roof: Shingle
  • Exterior Features: Sliding Doors
  • Foundation Details: Slab
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Disclosures: Seller Property Disclosure
  • 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
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: No

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Union Park Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 5452
  • Zoning: R-1
  • Flood Zone Code: X

Tax Info

  • Tax Annual Amount: 1090.63
  • Tax Block: C
  • Tax Book Number: M-31
  • Tax Lot: 24
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2021
Closed on
Feb 22, 2022
Sold by
Cooper Michelle A
Bought by
Mamun Md Al and Sharmeen Khandaker Mahmuda
Seller's Agent
Mike Jackson
LAWHUN ENTERPRISES IV, LLC DBA: FLORIDA REALTY INVESTMENTS IV
Buyer's Agent
Mike Jackson
LAWHUN ENTERPRISES IV, LLC DBA: FLORIDA REALTY INVESTMENTS IV
List Price
$300,000
Sold Price
$310,000
Premium/Discount to List
$10,000
3.33%
Current Estimated Value
$339,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,123
Avg. Annual Appreciation
2.47%
Original Mortgage
$304,385
Outstanding Balance
$282,645
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$56,478

Purchase Details

Closed on
Jul 15, 2011
Sold by
Herman Justin
Bought by
Cooper Michelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
4.53%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 5, 2005
Sold by
Ewaldt Larry
Bought by
Herman Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,400
Interest Rate
5.57%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 30, 2005
Sold by
Smith Construction & Development Inc
Bought by
Ewaldt Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,400
Interest Rate
5.57%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 8, 2004
Sold by
Bailes Charles E and Holloway John W
Bought by
Smith Construction & Development Inc

Purchase Details

Closed on
Oct 27, 2003
Sold by
Conoley E B
Bought by
Wigmore Marc L and Holloway John W

Purchase Details

Closed on
Sep 30, 2003
Sold by
Carpenter Connie R
Bought by
Wigmore Marc L and Holloway John W
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
Mamun Md Al $310,000 Champion Title & Closing
Cooper Michelle A $92,800 Attorney
Herman Justin $225,500 Security First Title Partner
Ewaldt Lawrence $146,300 --
Smith Construction & Development Inc $7,000 --
Wigmore Marc L -- --
Wigmore Marc L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mamun Md Al $304,385
Previous Owner Cooper Michelle A $10,000
Previous Owner Cooper Michelle A $83,830
Previous Owner Herman Justin $180,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2022 02/22/22 Sold $310,000 +3.3% $232 / Sq Ft
12/29/2021 12/29/21 Pending -- -- --
12/28/2021 12/28/21 For Sale $300,000 -- $225 / Sq Ft
Source: Stellar MLS

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
2025 $4,025 $282,320 $50,000 $232,320
2024 $4,073 $271,310 $50,000 $221,310
2023 $4,073 $244,714 $40,000 $204,714
2022 $1,188 $99,364 $0 $0
2021 $1,153 $96,470 $0 $0
2020 $1,091 $95,138 $0 $0
2019 $1,105 $92,999 $0 $0
2018 $1,090 $91,265 $0 $0
2017 $1,061 $120,804 $12,000 $108,804
2016 $1,032 $117,495 $12,000 $105,495
2015 $1,047 $113,023 $12,000 $101,023
2014 $1,087 $89,583 $10,500 $79,083
Source: Public Records

Agents Affiliated with this Home

  • Mike Jackson

    Seller's Agent in 2022

    Mike Jackson

    LAWHUN ENTERPRISES IV, LLC DBA: FLORIDA REALTY INVESTMENTS IV

    (407) 281-1053

    1 in this area

    10 Total Sales

    Mike Jackson
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: O5993432

Stellar MLS

APN: 24-2230-7816-03-240

Florida Orange County Orlando 32825 Chickasaw

8537 Rainbow Ave, Orlando, FL

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.

Stellar MLS 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.



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

Nearby Homes