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$374,900

Beds
3
Baths
2.0
sq ft
1,568

115 Rainbow Dr NW, Fort Walton Beach, FL 32548

115 Rainbow Dr NW

Fort Walton Beach, FL 32548

  • 23 days on market
    • Price drop $100↓
Window blinds, closet shelves, and more have recently been installed! CHECK THIS OUT!!This stunning property has been completely renovated from top to bottom with high-quality materials and impeccable craftsmanship. IT'S PRACTICALLY A BRAND NEW HOME! Nothing was left untouched in this amazing transformation, from the new roof, HVAC system, water heater, hurricane windows, to the new flooring, paint, fixtures, appliances, etc. You will love the spacious and open floor plan, featuring a gorgeous kitchen with granite countertops, stainless steel appliances, and a large island. The master suite offers a walk-in closet and a spa-like bathroom with a walk-in shower. The backyard is perfect for entertaining, with a new patio and a privacy fence. Effective date of home: 2010

Details

Property type

Single Family Residence

Est. home value

$404,370

Lot size

9,148 sq ft

Price per sq ft

$240

Year built

1955

Price History

01/22/2025
EmeraldCoast

EmeraldCoast #965616

Price change
$374,900
-0.03%
01/03/2025
EmeraldCoast

EmeraldCoast #965616

Listed
$375,000
01/01/2025
EmeraldCoast

EmeraldCoast #954826

Removed
$375,000

Schools & Community

Elementary school: 

Elliott Point

Middle school: 

Bruner

High school: 

Fort Walton Beach

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$210,335
Asking price
$374,900
Closing costs (~8% of asking)
-$29,992
Est. remaining loan balance
-$134,573
Cash to seller
$210,335

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Pacific Sun Mortgage

Loan start date

March 2022

Original loan amount

$142,500

Est. remaining balance

$134,573

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Bonita Jean Rettele and Melinda Marie Dickenson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/26/2025 at 11:00 PM

Listing updated: 01/22/2025 at 11:59 AM

Listed by: Christopher A Schultz, Christopher A Schultz, LPT Realty LLC Phone #: (877) 366-2213

MLS: EmeraldCoast #965616

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