When was property at 49 Rainbow Lane built and last sold?

The property at 49 Rainbow Lane was built in 1948 and last sold on Dec 22, 2017 for $530,000.

How much is this home worth?

The estimated value of the home located at 49 Rainbow Lane is $777,496.

What are some comparable homes to 49 Rainbow Lane?

There are currently no comparable homes to 49 Rainbow Lane.

Levittown

11756

Levittown

49 Rainbow Lane

$510,000

● House - Off Market

49 Rainbow Lane

Hempstead, NY 11756

5 Beds

3 Baths

$822,180

RealtyHop Estimate

58.42%

Since Jan 1, 2018

National-US

Primary Model

About This Property

A Must See! Completely Remodeled Colonial Style Home Featuring 5 Spacious Bedrooms, 3 Newly Designed Baths, Family Room W/Fireplace Sliders To Yard, Large Kitchen W/Granite Counters, Tile Backsplash & Ss Appliances, Formal Dining& Living Room. Large Master Suite W/Full Bath. 2 Car Garage. Grieved Taxes Effective Jan.2018, Additional information: Appearance:Mint,Separate Hotwater Heater:Yes

Unit Size

Days on Market

Land Size

0.19 acres

Price per sqft

Property Type

House

Property Taxes

$1,443

HOA Dues

Year Built

1948

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (OneKey MLS #KEYL2961659)

Price History

Date / Event	Date	Event
Oct 10, 2025	Sold	Premium
Sold
Jul 8, 2025	In contract	-
In contract
Jun 6, 2025	Price Decreased	$799,000 ↓ $50K (5.9%)
Price Decreased
May 22, 2025	Listed by Coldwell Banker American Homes	$849,000
Listed by Coldwell Banker American Homes

	Welcome To Rainbow Lane. This Beautifully Renovated Colonial Boasts 5 Bedrooms, 3 Full Bathrooms and 2 Outside Entrances- Ideal For Extended Family. Mother /Daughter With Proper Permits. Don’t Miss The Extended Family Room With Vaulted Ceilings and Sliders Right Out To The Back Patio. The Home Features Hardwood Floors Throughout, Stainless Steel Appliances, Solar Panels, 2 Car Detached Garage and More! Don't Miss This Opportunity! Pool & Trampoline Not Included.
Jan 17, 2018	Sold	Premium
Sold
Sep 2, 2017	Listed	$535,000
Listed

	A Must See! Completely Remodeled Colonial Style Home Featuring 5 Spacious Bedrooms, 3 Newly Designed Baths, Family Room W/Fireplace Offering Sliders To Yard, Large Kitchen W/Granite Counters, Tile Backsplash & Ss Appliances, Formal Dining & Living Rooms. Large Master Suite W/Full Bath. 2 Car Garage. 13 Month Home Warranty Available With Purchase. Taxes Not Grieved, No Star
Aug 8, 2017	Listed by Exit Family Realty	$519,000
Listed by Exit Family Realty
Jul 20, 2016	Sold	Premium
Sold
Mar 31, 2016	Listed by Exit Family Realty	$529,000
Listed by Exit Family Realty
Oct 13, 2015	Sold	Premium
Sold
Jul 15, 2015	Listed by Pinnacle Properties of N Y LTD	$550,000
Listed by Pinnacle Properties of N Y LTD

	Short Sale. Offers Subject To Bank Approval., Additional information: Appearance:Avg,Separate Hotwater Heater:N

Property Highlights

Garage

Fireplace

Building Info

Overview

General

Year Built: 1948

Effective Year Built: 1948
Total Rooms: 4
Bedroom Count: 5
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 1
Building Condition: 6
Building Quality: 9
Construction Type: 6
Building Style: 5
Exterior Walls Type: 19
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 20
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 5
Basement Area: 0
Garage Type: 4
Garage Square Area: 480
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,056

Lot Size Depth Feet: 1,010
Lot Size Frontage Feet: 680
Total Building Area: 1,900
Building Area: 1,900
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 1,900
Heating Fuel Type: 6

Utilities

Sewer System: 1

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: MAP OF PROPERTY KNOWN AS LEVITTOWN
Land Acres: 0000000185
Standard Land Use Code: 1001
County Land Use Code: 2100
Legal Description 1: TOWN #1 SCH DIST 005

Neighborhood

School District Name: Levittown Union Free School District

School Tax School District: 005
Census Tract: 409300

Geography

District: 282089

Section: 51
Parcel: 51-241-00-0019
Block: 241
Lot: 19
Municipality: HEMPSTEAD UNINCORPORATED
Latitude: 40.7159
Longitude: -73.502

Address

Full Address: 49 Rainbow Ln

Address - House Number: 49
Address - Street Name: Rainbow
Address - Suffix Type: Ln
State: NY
City Name: Levittown
Carrier Code: C025
4-Digit Zip Code: 4507
Zip Code: 11756

Valuation

Tax

Tax Year: 2023

Tax Amount: $1,562,545
Tax Rate Code Area: 064

Appraisal Valuation

Standard Deviation: 0.1755

Valuation Date: Jun 28, 2023
Confidence Score: 77
Final Value: 726,657
High Value: 854,221
Low Value: 599,093

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 Financing Type:

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: $528,000

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $528
Assessed Land Value: $232
Assessed Improvements Value: $296

Sales

Current Sale Contract Date: Dec 22, 2017

Current Sale Recording Date: Jan 17, 2018
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 2018-005172
Previous Sale Recording Date: Jul 20, 2016
Previous Sale Contract Date: Jun 22, 2016
Previous Sale Amount: $500,000
Previous Sale Document Type: 12

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

Financing

First Mortgage Financing Type: FIX

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

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Comparables

About Levittown

Stats & Trends

Median Asking:

$749,000

Sale Price/ft²

$462

Below Asking

0.01%

Average Days on Market

Average Home Size

2287 ft²

Average Home Age

55 years

Currently For Sale

105 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

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$5,200 /mo

3 Beds
1 Bath

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Unit for rent at 1072 Hicksville Road, Seaford, NY, 11783

$5,500 /mo

3 Beds
2 Baths
1,648 ft²

1072 Hicksville Road, Seaford, NY, 11783 Listing by Erika A. Peraza

Unit for rent at 243 Lee Avenue, Hicksville, NY, 11801

$5,500 /mo

4 Beds
3 Baths
2,500 ft²

243 Lee Avenue, Hicksville, NY, 11801 Listing by Mukul Bhatt

Rentals Near You

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Last Updated: 4 months ago
Data Source: OneKey MLS

49 Rainbow Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Levittown

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions