When was property at 1612 Rainbow Drive built and last sold?

The property at 1612 Rainbow Drive was built in 1978 and last sold on Oct 23, 2020 for $308,800.

How much is this home worth?

The estimated value of the home located at 1612 Rainbow Drive is $0.

What are some comparable homes to 1612 Rainbow Drive?

There are currently no comparable homes to 1612 Rainbow Drive.

Richardson

75081

Berkner Park

1612 Rainbow Drive

$250,000

● House - Off Market

1612 Rainbow Drive

Richardson, TX 75081

3 Beds

0 Bath

2,191 Ft²

$322,623

RealtyHop Estimate

43.39%

Since Sep 1, 2020

TX-Dallas

Primary Model

About This Property

MULT OFFERS. Pls submit best & final by Sat 8.15 4p CST. Great flip or rental. Cute Tudor needing updates. HVAC 2016, WH 2015, Roof 2016. Desirable floorplan w dual living & dining areas. Walking distance to Berkner HS. Located near plenty of shopping, grocery, gym, home improvement stores, etc. On the larger side of homes in subdivision, plenty of upside. All carpet has been removed from living areas & bedrooms. Vinyl in kitchen, utility, & bathrooms. Pool-sized yard. Covered front & back porches. Oversized garage with workbench & door to backyard. Homeowner had foundation company out a few years ago which said no work needed. Unfortunately they don't have supporting paperwork. WBFP, double ovens, ample light.

Unit Size

2,191 Ft²

Days on Market

Land Size

0.21 acres

Price per sqft

$103

Property Type

House

Property Taxes

$596

HOA Dues

Year Built

1978

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (NTREIS #14409342)

Price History

Date / Event	Date	Event
Aug 25, 2020	Sold	Premium
Sold
Aug 8, 2020	Listed by Keller Williams Central	$225,000
Listed by Keller Williams Central

Property Highlights

Parking Available

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1978

Effective Year Built: 1978
Building Count: 1
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 2
Building Quality: 0
Construction Type: 6
Building Style: 0
Exterior Walls Type: 3
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 3
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 5
Basement Area: 0
Garage Type: 1
Garage Square Area: 506
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 9,092

Lot Size Depth Feet: 1,250
Lot Size Frontage Feet: 720
Total Building Area: 2,697
Building Area: 2,191
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 2,191
Heating Fuel Type: 3

Utilities

Sewer System: 5

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: UNIVERSITY ESTATES SOUTH 3 1 INST
Land Acres: 0000000209
Standard Land Use Code: 1001
County Land Use Code: A11
State Land Use Code: A11
Legal Description 1: UNIVERSITY ESTATES SOUTH 3 1 INST BLK 4 LOT 7 INT202000294481 DD10232020 CO-DC 2555500400700 3CR25555004

Neighborhood

School District Name: Richardson Independent School District

School Tax School District: RICHARDSON ISD
Census Tract: 019024

Zoning

Zoning: Z276

Geography

Assessors Map Reference: 422555500400700

Account Number: 422555500400700
Subdivision Tract Number: 25555
Parcel: 42-25555-004-007-0000
Block: 4
Lot: 7
Municipality: RICHARDSON
Latitude: 32.941
Longitude: -96.6932

Address

Full Address: 1612 Rainbow Dr

Address - House Number: 1612
Address - Street Name: Rainbow
Address - Suffix Type: Dr
State: TX
City Name: Richardson
Carrier Code: C044
4-Digit Zip Code: 4609
Zip Code: 75081

Valuation

Tax

Tax Year: 2022

Tax Amount: $580,864
Tax Rate Code Area: RS

Appraisal Valuation

Standard Deviation: 0.2299

Valuation Date: Nov 15, 2023
Confidence Score: 68
Final Value: 398,871
High Value: 490,580
Low Value: 307,161

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $312,000

Market Land Value: $90,000
Market Improvement Value: $222,000

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $312,000
Assessed Land Value: $90,000
Assessed Improvements Value: $222,000

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Oct 23, 2020

Current Sale Recording Date: Oct 26, 2020
Current Sale Price:

Premium
Current Sale Document Type: 70
Current Sale Input Document Number: 202000294481
Previous Sale Recording Date: Aug 26, 2020
Previous Sale Contract Date: Aug 24, 2020
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

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

Request mortgage information redaction

Comparables

About Berkner Park

Stats & Trends

Median Asking:

$379,900

Sale Price/ft²

$195

Below Asking

0.03%

Average Days on Market

Average Home Size

1558 ft²

Average Home Age

52.5 years

Currently For Sale

17 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

Unit for rent at 206 Trellis Place, Richardson, TX, 75081

$2,500 /mo

3 Beds
2 Baths
1,792 ft²

206 Trellis Place, Richardson, TX, 75081 Listing by Snow Nguyen

Unit for rent at 2654 Settlers Place, Garland, TX, 75042

$2,650 /mo

3 Beds
2 Baths
2,001 ft²

2654 Settlers Place, Garland, TX, 75042 Listing by Eric Chen

Unit for rent at 2538 Settlers Place, Garland, TX, 75042

$2,699 /mo

3 Beds
2 Baths
1,660 ft²

2538 Settlers Place, Garland, TX, 75042 Listing by Tri Pham

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Kati Houser, Keller Williams Central
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14409342
Details provided by NTREIS and may not match the public record

1612 Rainbow Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Berkner Park

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions