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Sold for $311,000
  • $311,000

    1316 Rainbow Avenue, West Palm Beach, FL 33406

    2beds
    520sqft
    Single Family Residence
    Built in 1955
    6,811 Square Feet Lot
    $353,900 Zestimate®
    $598/sqft
    $1,719 Estimated rent

    Home value

    $353,900

    $333,000 - $379,000

    $1,719/mo

    Zestimate® history
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    What's special

    Delight in the perfect harmony of classic charm and modern renovations with this adorable 'cute as a button' home that's now on the market. For Sale, this residence boasts 2 comforting bedrooms, a chicly updated bathroom, and a smartly designed layout that feels both spacious and intimate. Fresh, contemporary updates complement every room, including an inviting kitchen outfitted for the inspired home chef. Step outside to the large fenced-in yard, offering the ideal sanctuary for your outdoor activities or serene relaxation. Picture yourself on the wide front porch, sitting back in a rocking chair as the world goes by. The house is secured with hurricane windows, ensuring peace of mind, and with no HOA, your lifestyle is unrestricted. Make it yours and embrace the joy of homeownership with a touch of elegance and a world of comfort.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joelle Mary Nieves 561-603-7878,

    Premier Brokers International

    Bought with:

    Adam Luis Leon, 3421863

    Partnership Realty Inc.

    Source: BeachesMLS,MLS#: R10949102MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 109.25
    • Dimensions: 11.5 X 9.5
    Bedroom 2
    • Level: Main
    • Area: 99
    • Dimensions: 11 X 9
    Kitchen
    • Level: Main
    • Area: 85.5
    • Dimensions: 9.5 X 9
    Living room
    • Level: Main
    • Area: 135
    • Dimensions: 13.5 X 10
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Water Heater
    • Laundry: Washer Hookup, Inside, Laundry Closet
    Features
    • None, Storage, Tub Shower
    • Flooring: Laminate
    Interior area
    • Total structure area: 734
    • Total interior livable area: 520 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Deck, Patio
    • Exterior features: Outdoor Living Area, Room For Pool
    • Fencing: Fenced
    • Waterfront features: None
    Lot
    • Size: 6,811 Square Feet
    • Features: < 1/4 Acre
    Details
    • Parcel number: 00424412120000050
    • Zoning: RM

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame, Stucco
    Condition
    • Resale
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Electric: 3 Phase
    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Water Available

    Community & HOA

    Community
    • Subdivision: PINE AIR 3
    HOA
    • Has HOA: No
    • Amenities included: None
    Location
    • Region: West Palm Beach

    Financial & listing details

    • Price per square foot: $598/sqft
    • Tax assessed value: $220,111
    • Annual tax amount: $3,694
    • Date on market: 1/11/2024
    • Cumulative days on market: 5 days
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    4/22/2025Listing removed$2,650$5/sqft
    Source: BeachesMLS #R11063273 Report a problem
    4/9/2025Price change$2,650-1.9%$5/sqft
    Source: BeachesMLS #R11063273 Report a problem
    3/20/2025Price change$2,700-1.8%$5/sqft
    Source: BeachesMLS #R11063273 Report a problem
    2/25/2025Price change$2,750-1.8%$5/sqft
    Source: BeachesMLS #R11063273 Report a problem
    2/17/2025Listed for rent$2,800$5/sqft
    Source: BeachesMLS #R11063273 Report a problem
    2/20/2024Sold$311,000+3.7%$598/sqft
    Source: BeachesMLS #R10949102 Report a problem
    1/11/2024Listed for sale$300,000$577/sqft
    Source: BeachesMLS #RX-10949102 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,470 -8.2%$220,111 +10.4%
    2024$3,782 +2.4%$199,357 +3.1%
    2023$3,694 +0.2%$193,435 +2.7%
    2022$3,687 +571.6%$188,409 +549.3%
    2021$549 +3.6%$29,016 +1.4%
    2020$530 +1.7%$28,615 +2.3%
    2019$521 $27,972 +1.9%
    2018$521 +9.4%$27,450 +2.1%
    2017$477 +12.7%$26,885 +2.1%
    2016$423 +3.1%$26,332 +0.7%
    2015$410 +1.7%$26,149 +0.8%
    2014$404 +3.1%$25,941 +1.5%
    2013$392 +1.2%$25,558 +2.3%
    2012$387 -25.4%$24,983 -21.2%
    2011$518 -33.9%$31,714 -30.7%
    2010$784 -6.4%$45,745 -12.4%
    2009$838 -4.3%$52,243 -23.3%
    2008$876 -25.4%$68,116 +3%
    2007$1,174 -6.1%$66,132 +2.5%
    2006$1,250 $64,519 +7.9%
    2005-- $59,796 +49%
    2004$416 -7.3%$40,128 -1.8%
    2003$449 -48.6%$40,850 +20.5%
    2002$875 +3.1%$33,901 +5.4%
    2001$848 +7.4%$32,179 +8.2%
    2000$790 +39.7%$29,744 +2.7%
    1999$565 $28,965
    Find assessor info on the county website

    Neighborhood: 33406

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $353,900
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    Estimated market value
    $353,900