When was property at 127 Rainbow Drive built and last sold?

The property at 127 Rainbow Drive was built in 1989 and last sold on May 15, 2015 for $19,700.

How much is this home worth?

The estimated value of the home located at 127 Rainbow Drive is $257,146.

What are some comparable homes to 127 Rainbow Drive?

There are currently no comparable homes to 127 Rainbow Drive.

Putnam

127 RAINBOW DRIVE

Sold on Jun 24, 2026

Map

$253,000

● House - Off Market

127 RAINBOW DRIVE

FLORAHOME, FL 32140

4 Beds

2 Baths

1,824 Ft²

$1,413

Est. Monthly

12.38%

Cap Rate

About This Property

Move-in ready on a beautiful corner lot! This home features a brand-new HVAC system, fresh interior paint, new flooring, updated kitchen, and remodeled bathrooms. The property also boasts a new well and a septic system that recently passed inspection, giving peace of mind for years to come. Just 3 blocks from Georges Lake, enjoy fishing, boating, and outdoor recreation within minutes of your doorstep. A great opportunity to own a fully refreshed home in Florahome!

Unit Size

1,824 Ft²

Days on Market

289 days

Land Size

0.46 acres

Price per sqft

$137

Property Type

House

Property Taxes

$185

HOA Dues

Year Built

1989

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (Stellar MLS #GC533857)

Price History

Date / Event	Date	Event
Jun 24, 2026	Sold	Premium
Sold
May 7, 2026	In contract	-
In contract
Apr 14, 2026	Price Decreased	$249,900 ↓ $10K (3.9%)
Price Decreased
Mar 15, 2026	Listed by MILLER REAL ESTATE, INC	$259,900
Listed by MILLER REAL ESTATE, INC

	Move-in ready on a beautiful corner lot! This home features a brand-new HVAC system, fresh interior paint, new flooring, updated kitchen, and remodeled bathrooms. The property also boasts a new well and a septic system that recently passed inspection, giving peace of mind for years to come. Just 3 blocks from Georges Lake, enjoy fishing, boating, and outdoor recreation within minutes of your doorstep. A great opportunity to own a fully refreshed home in Florahome!
Jan 20, 2026	Price Decreased	$269,900 ↓ $10K (3.6%)
Price Decreased
Oct 3, 2025	Price Decreased	$279,900 ↓ $10K (3.5%)
Price Decreased
Sep 8, 2025	Listed by MILLER REAL ESTATE	$289,900
Listed by MILLER REAL ESTATE
May 22, 2015	Sold	Premium
Sold
Mar 16, 2015	Listed by AMERICAN DREAM OF NORTHEAST FLORIDA	$19,900
Listed by AMERICAN DREAM OF NORTHEAST FLORIDA

	4BR 2Bath wood frame home with new hard plank siding and new metal roof, located close to Georges Lake in Florahome.
Jul 14, 2014	Listed by MILLER REAL ESTATE	$28,000
Listed by MILLER REAL ESTATE

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1989

Effective Year Built: 1989
Building Count: 1
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 0
Building Quality: 7
Construction Type: 0
Building Style: 0
Exterior Walls Type: 18
Interior Walls Type: 0
Roof Shape Type: 7
Roof Cover Type: 0
Living Units: 1
Floor Cover: 15
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 20,038

Lot Size Depth Feet: 1,250
Lot Size Frontage Feet: 1,600
Total Building Area: 1,824
Gross Building Area: 1,824
Building Area: 1,824
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 8
Heated Square Feet: 1,824
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: LAKESIDE HILLS
Land Acres: 0000000460
Standard Land Use Code: 1001
County Land Use Code: 00100
State Land Use Code: 01
Legal Description 1: LAKESIDE HILLS SEC 10 MB4 P168 BLK 906 LOTS 1 & 2

Neighborhood

School District Name: Putnam County School District

Census Tract: 950202

Geography

Account Number: 37395

Parcel: 18-08-25-5110-9060-0010
Block: 906
Lot: 1
Meridian: SEC 18 TWN 08S RNG 25E
Municipality: PUTNAM COUNTY
Latitude: 29.7973
Longitude: -81.84

Address

Full Address: 127 Rainbow Dr

Address - House Number: 127
Address - Street Name: Rainbow
Address - Suffix Type: Dr
State: FL
City Name: Florahome
Carrier Code: R001
4-Digit Zip Code: 1763
Zip Code: 32140

Valuation

Tax

Total Area: 1,824

Tax Year: 2023
Tax Amount: $212,849
Tax Rate Code Area: 000

Appraisal Valuation

Standard Deviation: 0.4634

Valuation Date: Jan 27, 2024
Confidence Score: 7
Final Value: 144,213
High Value: 211,051
Low Value: 77,374

Market Valuation

Market Total Value: $155,040

Market Land Value: $7,840
Market Improvement Value: $147,200

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $155,040
Assessed Land Value: $7,840
Assessed Improvements Value: $147,200

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: May 15, 2015

Current Sale Recording Date: May 22, 2015
Current Sale Price:

Premium
Current Sale Document Type: 68
Current Sale Input Document Number: 201554818709
Previous Sale Recording Date: May 30, 2014
Previous Sale Contract Date: May 29, 2014
Previous Sale Document Type: 69

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Putnam

Stats & Trends

Median Asking:

$279,950

Sale Price/ft²

$188

Below Asking

0.03%

Average Days on Market

Average Home Size

1774 ft²

Average Home Age

45.4 years

Currently For Sale

411 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Listed by: Viktor Jiracek
MILLER REAL ESTATE
Last Updated: 4 months ago
Data Source: Stellar MLS, MLS# GC533857

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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

127 RAINBOW DRIVE

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Putnam

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions