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763 South Rainbow Drive

763 South Rainbow Drive, Hollywood, FL 33021
Sold Jun 20, 2019
$367,000
$348,650 by Caliber Home Loans Inc
Mortgage Due Jul 01, 2049
Sold Nov 21, 2006
$350,000
$200,000 by Bank Of America Na
Mortgage Due Dec 01, 2036
Local assessors in Hollywood, FL have categorized 763 South Rainbow Drive as a residential type of property. The home was built in 1965 and is 59 years old. It was most recently renovated and altered in 1966. The property's lot size has been calculated to be 8,795 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. 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 763 South Rainbow Drive has a total of 1,884 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 carport for those who need a place to park their vehicle. The garage on the property is 200 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. In addition, there is a unknown on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 tile. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The property was last sold in Jun 14, 2019 for $367,000. That's $146.80 per sqft. Prior to that sales transaction, the property was also sold in Nov 7, 2006 for $350,000. 763 South Rainbow Drive was last assessed in 2024. The total value of the property was assessed at $375,400. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,135. 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. 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

Brick Exterior
Stucco Exterior

Facilities

Boat Slip

Parking

Carport
RV Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Type: Built-in
  • Garage Type: Carport
  • Garage Square Area: 200
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,795
  • Lot Size Frontage Feet: 793
  • Total Building Area: 2,500
  • Gross Building Area: 2,500
  • Building Area: 1,884
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,884
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOLLYWOOD HILLS 6-22 B
  • Land Acres: 0.202
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HOLLYWOOD HILLS 6-22 B LOT 2,3 DESC AS BEG AT F/C/C BET LOTS 2 & 3,NWLY 25 ALG F/L OF LOT 3,NELY 120 TO R/L OF LOT 3, SELY 23.86 TO R/C/C,SWLY ALG COM/L BET LOT 2 & 3 120 TO POB BLK 70

Ownership

  • Current Owner : SOMOZA HERNANDEZ MANUEL
  • Current Owner 2: RENCIBIA URIA SHAULA LYDIA
  • Previous Owner : GONZALEZ CONSTANZA
  • Previous Owner 2: AMAYA IVAN E
  • Owner Before Previous Owner: MILLER MABLE J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 091702

Zoning

  • Zoning: RS-5

Geography

  • District: 0513
  • Parcel: 51-42-07-03-0020
  • Block: 70
  • Lot: 2,3
  • Meridian: SEC 07 TWN 51S RNG 42E
  • Municipality: HOLLYWOOD
  • Latitude: 26.0043
  • Longitude: -80.1789

    Address

  • Full Address: 763 S Rainbow Dr
  • Address - House Number: 763
  • Street Direction: S
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Hollywood
  • Carrier Code: C057
  • 4-Digit Zip Code: 7517
  • Zip Code: 33021

Valuation

    Tax

  • Total Area: 1,985
  • Tax Year: 2023
  • Tax Amount: $7,135
  • Tax Rate Code Area: 0513

    Appraisal Valuation

  • Standard Deviation: 0.1844
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 75
  • Final Value: 702,563
  • High Value: 832,120
  • Low Value: 573,006

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $348,650
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Jun 20, 2019
  • First Open Lien Mortgage Loan Amount: $348,650
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2049

    Market Valuation

  • Market Total Value: $557,450
  • Market Land Value: $52,770
  • Market Improvement Value: $504,680

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $375,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 14, 2019
  • Current Sale Recording Date: Jun 20, 2019
  • Current Sale Transaction ID: 11616770746
  • Current Sale Price: $367,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 115883118
  • Previous Sale Recording Date: Nov 21, 2006
  • Previous Sale Contract Date: Nov 07, 2006
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Jun 20, 2019
  • First Mortgage Loan Amount: $348,650
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Nov 21, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2036

About Hollywood Hills



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Nearby Rentals

Unit for rent at

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,080 ft²
Listing by Nicole Kahan
Unit for rent at

$2,600 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
Listing by Mary Veria
Unit for rent at

$2,600 /mo

  • 3 Beds
  • 1 Bath
  • 795 ft²
Listing by Diego Pelaez
Unit for rent at

$2,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,664 ft²
Listing by Walter Munoz
Unit for rent at

$2,600 /mo

  • 2 Beds
  • 1 Bath
  • 1,012 ft²
Listing by M. Carolina Cardoso
Unit for rent at

$2,500 /mo

  • 3 Beds
  • 3 Baths
  • 1,300 ft²
Listing by Shiko Gelb
Unit for rent at

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,060 ft²
Listing by Chaim Glik

Frequently Asked Questions

What neighborhood is 763 South Rainbow Drive located in?
The 763 South Rainbow Drive is a house located in the neighborhood of Hollywood Hills in Hollywood Hills, Hollywood.
What is the average sales price for listings in 763 South Rainbow Drive?
The average sales price for units in 763 South Rainbow Drive is $379,900 currently.

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