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5315 Rainbow Drive

5315 Rainbow Drive, Tampa, FL 33617
Property in Tampa
Refi Feb 02, 1994
Transfer
$61,050 by Navy Fed Credit Union
Mortgage
5315 Rainbow Drive has been categorized by the local assessors in Tampa, FL as a residential type of property. The building on the property was first built in 1956 and is 68 years old. However, we must point out that the home was most recently renovated and altered in 1990. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5315 Rainbow Drive has 1,173 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 1,000 ft and across the front of the lot is 780 ft. The area measurement of the land has been determined as 8,004 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a mansion 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 attached garage for those who require parking. The garage measured 240 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. 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 frame 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 asphalt. The exterior walls of the building are made of concrete block. While the interior walls have been made of plaster. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $556 in taxes per year. The property on 5315 Rainbow Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $65,614. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1956
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Mansion
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,004
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 780
  • Total Building Area: 1,413
  • Gross Building Area: 1,545
  • Building Area: 1,173
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,173
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRANDVIEW ACRES UNIT NO 2
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GRANDVIEW ACRES UNIT NO 2 LOT 17 BLOCK 6

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hillsborough County School District
  • Census Tract: 010600

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: BK 32 PG 38
  • Parcel: 201440-0000
  • Block: 6
  • Lot: 17
  • Meridian: SEC 22 TWN 28S RNG 19E
  • Municipality: TEMPLE TEARRACE
  • Latitude: 28.0278
  • Longitude: -82.397

    Address

  • Full Address: 5315 Rainbow Dr
  • Legal Unit: 2
  • Address - House Number: 5315
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Temple Terrace
  • Carrier Code: C013
  • 4-Digit Zip Code: 7131
  • Zip Code: 33617

Valuation

    Tax

  • Total Area: 1,347
  • Tax Year: 2023
  • Tax Amount: $556
  • Tax Rate Code Area: TT

    Appraisal Valuation

  • Standard Deviation: 0.1573
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 264,463
  • High Value: 306,083
  • Low Value: 222,842

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $61,050
  • First Open Lien Mortgage Lender: NAVY FED CREDIT UNION
  • First Open Lien Mortgage Recording Date: Feb 02, 1994
  • First Open Lien Mortgage Loan Amount: $61,050
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • Second Open Lien Mortgage Recording Date: Feb 02, 1994
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $163,588
  • Market Land Value: $48,204
  • Market Improvement Value: $115,384

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,614

    Exemptions

  • Homeowner Exemption: Yes

About Temple Terrace



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Frequently Asked Questions

What neighborhood is 5315 Rainbow Drive located in?
The 5315 Rainbow Drive is a located in the neighborhood of Tampa in Temple Terrace, Tampa.
What is the average sales price for listings in 5315 Rainbow Drive?
The average sales price for units in 5315 Rainbow Drive is $0 currently.

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