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1402 Rainbow Ave, Sebring, FL 33870

$290,000
Last sold 05/28/2019 after 130 Days
12
bed
6
bath

House not for sale

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About 1402 Rainbow Ave

Property type House

Year built 1978

HOA fee $0/month

Lot size 1.35 Acre

Property description

Wonderful investment property! Three adjacent duplexes being sold together for a total of six units, all currently rented. The back yard is privacy fenced and a new architectural shingle roof was added in 2005. Half the units have new A/C units, some have been replumbed with new tubs and cabinets. All have new windows, stoves and refrigerators, are concrete block construction, newly painted exteriors, with tile floors, covered carports and utility hookup. Room dimensions are approximate: living room 19x16, kitchen 13x12, master bedroom 13x13, guest bedroom 11x11, bath 8x5. City of Sebring water and sewer, with Duke Energy providing electric service. Tenants are on month to month leases and pay all utilities.

Listed by

Listing Agent - Ken Sanders

Listing Office - ASHBROOK REALTY LLC

Source: Heartland Association of REALTORS®

MLS#260827 • last updated 5 years ago

Movoto checked Heartland Association of REALTORS® for data 41 minutes ago

Overview
Cooling/AC	Central Air, Electric
Heating	Central, Electric
Levels/Style	1, One, One Story
Virtual Tour	N/A
MLS #	260827
SubType	Other
Lot Size (Sqft)	59000
Lot Size (Acres)	1.35
Property Tax	4138
Year Built	1978
PropertyCondition	Resale

Interior
Total # of Bathrooms	6
# of Full Baths	6
Total # of Bedrooms	12
Flooring	Tile
Appliances	Refrigerator, Stove
Interior Features	Ceiling Fan(s)

Exterior
Roof	Shingle
Construction	Block, Concrete
Parking	Carport
# of Carport Spaces	1

Amenities / Utilities
Sewer/ Septic	Public Sewer
Water Source	Public
Pool	None

Location
APN	S-33-34-29-100-1540-0010
Directions	From Sebring Parkway And Kenilworth In Sebring: Turn East Onto Kenilworth, Turn Right Onto Rainbow. The Property Is On The Left Side.

Lot/ Land Details
Road Surface	Paved

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May 2019
Public Records
May 30, 2019 Sold
$290,000
May 2019
MLS # L4905660
May 29, 2019 Sold
$290,000 (-10.8%)
Apr 19, 2019 Pending
—
Jan 18, 2019 Listed
$325,000 (+103.1%)
Dec 2005
Public Records
Dec 28, 2005 Sold
$160,000

Year Property taxes Tax assessment
2024
$9,177 +6.7%

$412,787 +1.57%
2023
$8,600 +19.5%

$406,403 +50.81%
2022
$7,198 +5.4%

$269,482 +7.16%
2021
$6,827 +13.8%

$251,478 +12.27%
2020
$5,997 +19.9%

$223,985 +12.86%
2019
$5,003 +6.8%

$198,470 +1.55%
2018
$4,684 +13.2%

$195,442 +36.14%
2017
$4,138 +8.3%

$143,562 +16.61%
2016
$3,821 -0.5%

$123,114
2015
$3,841

—

1402 Rainbow Ave
$290K
—
33870
$235K -7% y/y
Sebring
$289K 0% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
4401 Kenilworth Blvd, Sebring, FL 33870	$108,000	3/1	939	0.02
4517 Kenilworth Blvd, Sebring, FL 33870	$138,000	2/1	1,135	0.03
1419 Sunkist Ave, Sebring, FL 33870	$194,000	3/2	2,370	0.05
1414 Sunkist Ave, Sebring, FL 33870	$130,000	2/1	1,332	0.08
1500 Wolfe Dr, Sebring, FL 33870	$133,000	2/1	1,532	0.08
1420 Sunkist Ave, Sebring, FL 33870	$135,000	3/1	1,173	0.08
1507 Sunkist Ave, Sebring, FL 33870	$162,000	3/2	1,731	0.08
1304 Denise Ave, Sebring, FL 33870	$79,000	2/1	1,003	0.09

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.