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1624 Rainbow Drive

1624 Rainbow Drive, Clearwater, FL 33755
House in Clearwater
Sold Sep 29, 2021
$203,500
$199,813 by The Mortgage Firm Inc
Mortgage Due Oct 01, 2051
Sold Oct 11, 2018
$168,000
$134,400 by Suntrust Bank
Mortgage Due Nov 01, 2048
Local assessors in Clearwater, FL have categorized 1624 Rainbow Drive as a residential type of property. The home was built in 1959 and is 65 years old. It was most recently renovated and altered in 1995. The property's lot size has been calculated to be 8,259 square feet. The linear feet between the front and back of the lot was measured at 1,370 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1624 Rainbow Drive has a total of 1,055 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 300 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of materials that we aren't sure of. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of a material which is produced from two or more constituent materials. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1624 Rainbow Drive was last sold in Sep 28, 2021 for $203,500. According to our calculations, that's $145.67 per sqft. Prior to that sales transaction, the property was sold for $168,000 in Oct 10, 2018. Current property owners are expected to pay $3,979 in taxes per year. The property on 1624 Rainbow Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $247,511. To break that down further, the land itself was valued at $138,109. While improvements to the property were assessed at a total of $109,402. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Custom
  • Exterior Walls Type: Brick
  • Interior Walls Type: Composition
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 300
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,259
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,397
  • Gross Building Area: 1,397
  • Building Area: 1,055
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,055
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KEYSTONE MANOR REV
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KEYSTONE MANOR REV BLK K, W 40FT OF LOT 17 & E 20FT OF LOT 18

Ownership

  • Current Owner : RITZ THERESA A
  • Previous Owner : BRAND WENDY L
  • Previous Owner 2: THE WENDY BRAND REVOCABLE TRUS
  • Owner Before Previous Owner: CARPENTER CHRISTOPHER R
  • Owner Before Previous Owner 2: CARPENTER CRYSTAL D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Pinellas County School District
  • Census Tract: 026501

Geography

  • Assessors Map Reference: 98
  • Account Number: R151098
  • District: CW
  • Subdivision Tract Number: 46584
  • Parcel: 14-29-15-46584-011-0170
  • Block: K,W
  • Lot: 17,18
  • Meridian: SEC 14 TWN 29S RNG 15E
  • Municipality: CLEARWATER
  • Latitude: 27.9627
  • Longitude: -82.7698

    Address

  • Full Address: 1624 Rainbow Dr
  • Address - House Number: 1624
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Clearwater
  • Carrier Code: C010
  • 4-Digit Zip Code: 6434
  • Zip Code: 33755

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,979
  • Tax Rate Code Area: CW

    Appraisal Valuation

  • Standard Deviation: 0.2253
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 68
  • Final Value: 355,111
  • High Value: 435,147
  • Low Value: 275,074

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $199,813
  • First Open Lien Mortgage Lender: THE MORTGAGE FIRM INC
  • First Open Lien Mortgage Recording Date: Sep 29, 2021
  • First Open Lien Mortgage Loan Amount: $199,813
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $247,511
  • Market Land Value: $138,109
  • Market Improvement Value: $109,402

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $247,511
  • Assessed Land Value: $138,109
  • Assessed Improvements Value: $109,402

    Sales

  • Current Sale Contract Date: Sep 28, 2021
  • Current Sale Recording Date: Sep 29, 2021
  • Current Sale Transaction ID: 11858617331
  • Current Sale Price: $203,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021318080
  • Previous Sale Recording Date: Oct 11, 2018
  • Previous Sale Contract Date: Oct 10, 2018
  • Previous Sale Amount: $168,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE MORTGAGE FIRM INC
  • First Mortgage Transaction Date: Sep 29, 2021
  • First Mortgage Loan Amount: $199,813
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST BANK
  • Previous Mortgage Transaction Date: Oct 11, 2018
  • Previous Mortgage Loan Amount: $134,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2048

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Frequently Asked Questions

What neighborhood is 1624 Rainbow Drive located in?
The 1624 Rainbow Drive is a house located in the neighborhood of Clearwater in Clearwater, Clearwater.
What is the average sales price for listings in 1624 Rainbow Drive?
The average sales price for units in 1624 Rainbow Drive is $0 currently.

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