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1811 Rainbow Drive

1811 Rainbow Drive, Clearwater, FL 33765
Multifamily in Clearwater
Sold Dec 06, 2022
$750,000
$600,000 by Fairway Independent Mortgage C
Mortgage Due Jan 01, 2053
Sold Oct 16, 2001
$135,000
$108,000 by Bank Of America
Mortgage
1811 Rainbow Drive has been categorized by the local assessors in Clearwater, FL as a residential type of property. The building on the property was first built in 1951 and is 73 years old. However, we must point out that the home was most recently renovated and altered in 1993. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1811 Rainbow Drive has 3,211 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,350 ft and across the front of the lot is 860 ft. The area measurement of the land has been determined as 11,600 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. Residents will have the luxury of enjoying both a unknown and a unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of materials that we aren't sure of. The exterior walls of the building are made of brick. While the interior walls have been made of a material which is produced from two or more constituent materials. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. The property was last sold in Dec 1, 2022 for $750,000. That's $203.64 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $135,000. 1811 Rainbow Drive was last assessed in 2022. The total value of the property was assessed at $420,000. Specifically, the land the property is located on was valued at $213,839. While improvements on the property were assessed at a total of $206,161. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $6,289. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • 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: 4
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,600
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 860
  • Total Building Area: 3,683
  • Gross Building Area: 3,683
  • Building Area: 3,211
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,211
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SKYCREST UNIT B
  • Land Acres: 0.266
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: SKYCREST UNIT B BLK C, LOT 8

Ownership

  • Current Owner : FERRIOLO JOSEPH
  • Current Owner 2: FERINGTON JEANNETTE
  • Previous Owner : VELOZ NELSON
  • Previous Owner 2: VELOZ ISIDRA
  • Owner Before Previous Owner: MANDO EFTHALIA
  • Ownership Rights Codes: Life Estate

Neighborhood

  • School District Name: Pinellas County School District
  • Census Tract: 026602

Geography

  • Assessors Map Reference: 99
  • Account Number: R141599
  • District: CW
  • Subdivision Tract Number: 82584
  • Parcel: 13-29-15-82584-003-0080
  • Block: C
  • Lot: 8
  • Meridian: SEC 13 TWN 29S RNG 15E
  • Municipality: CLEARWATER
  • Latitude: 27.9623
  • Longitude: -82.7622

    Address

  • Full Address: 1811 Rainbow Dr
  • Address - House Number: 1811
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Clearwater
  • Carrier Code: C056
  • 4-Digit Zip Code: 3443
  • Zip Code: 33765

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,289
  • Tax Rate Code Area: CW

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 599,550
  • High Value: 861,447
  • Low Value: 337,652

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $600,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Dec 06, 2022
  • First Open Lien Mortgage Loan Amount: $600,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2053

    Market Valuation

  • Market Total Value: $420,000
  • Market Land Value: $213,839
  • Market Improvement Value: $206,161

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $420,000
  • Assessed Land Value: $213,839
  • Assessed Improvements Value: $206,161

    Sales

  • Current Sale Contract Date: Dec 01, 2022
  • Current Sale Recording Date: Dec 06, 2022
  • Current Sale Transaction ID: 11899899109
  • Current Sale Price: $750,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 349699
  • Previous Sale Recording Date: Oct 16, 2001
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Dec 06, 2022
  • First Mortgage Loan Amount: $600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Jan 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA
  • Previous Mortgage Transaction Date: Oct 16, 2001
  • Previous Mortgage Loan Amount: $108,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Clearwater



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Nearby Rentals

Unit for rent at

$1,900 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,146 ft²
Listing by Gina Couture
Unit for rent at

$1,800 /mo

  • 2 Beds
  • 1 Bath
  • 1,025 ft²
Listing by Beth Bataoel
Unit for rent at

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,700 ft²
Listing by Mia Kolar
Unit for rent at

$2,100 /mo

  • 2 Beds
  • 1 Bath
  • 874 ft²
Listing by Manager
Unit for rent at

$1,950 /mo

  • 2 Beds
  • 1 Bath
Listing by Manager
Unit for rent at

$2,100 /mo

  • 2 Beds
  • 1 Bath
  • 816 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 1811 Rainbow Drive located in?
The 1811 Rainbow Drive is a multifamily located in the neighborhood of Clearwater in Clearwater, Clearwater.
What is the average sales price for listings in 1811 Rainbow Drive?
The average sales price for units in 1811 Rainbow Drive is $0 currently.

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