1 month on rocket

8518 Rainbow Ave, Orlando, FL, 32825

$359,900

Home List Price

$4,274*

Closing Credit

3 Bedrooms
2 Full Baths
1,457 SqFt
$247/SqFt
House

Location

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8518 Rainbow Ave, Orlando$359,900

Buyer Closing Credits

$4,274*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Attached Garage2 spaces
Year Built2005
HeatingCentral, Electric
CoolingCentral Air
MLS #O6257635
Lot Size0.18 Acres
StatusActive

About 8518 Rainbow Ave

Nestled in the heart of Orlando, this well-maintained single-family home enjoys a lovely living space with high ceilings on a quiet dead-end street. With a newer roof housing 1,457 sq. ft. of living space including three spacious bedrooms and two bathrooms, this home is ready for years of memories to come. Step inside to discover an inviting floor plan, where the living room and dining room meld seamlessly, and offers vaulted ceilings and backyard access, creating the perfect space for gatherings or quality time. The bonus room adds a layer of versatility, ideal for a cozy home office or a playful space for little ones. Outside, imagine evenings spent in the backyard, with a patio that invites you to unwind and savor Orlando’s balmy nights. This home’s prime location means you are always close to bustling shopping centers, recreation activities, grade schools and universities, parks, and much more. Ready to make it your own?

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Stories: 1
  • Living Area: 1,457 SqFt

Listing Office:

  • Office Name: BERKSHIRE HATHAWAY HOMESERVICES RESULTS REALTY
  • Listing Agent: Joseph Doher

Interior Features

Interior Information:

  • Appliances: None
  • Flooring Type: Carpet, Tile
  • Interior: Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Sliding Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Dead End Street
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Downtown Orlando, take SR-408 E, take Exit 17, turn left onto S Chickasaw Trl, right onto Millinockett Ln, right onto Norman St, left onto Rainbow Ave, and the home is down on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $359,900
  • Price Per SqFt: $247/SqFt

Tax Information:

  • Annual Amount: $3,194
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Orlando, FL.

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Orlando, FL

City

Med. Sold Price

$395K

Med. Price/SqFt

$243

Avg. Days On Market

57

# of Sold Homes

724

8518 Rainbow Ave vs Orlando

54 DAYS ON ROCKET

-3 Days

$359,900

-$35.1K Less

$247/SqFt

+$3 More

KEY TAKEAWAY

This property is $35.1K less than the Median Sold Price and $3/SqFt more than other homes in Orlando, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6257635

Listing Office:

  • Office Name: BERKSHIRE HATHAWAY HOMESERVICES RESULTS REALTY
  • Listing Agent: Joseph Doher

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/7/2025, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 04, 2017Home Sold
$186,900
Dec 15, 2005Home Sold
$158,500

Tax History

YEARPROP. TAXASSESSMENT
2020$3,194$190,651
2018$3,021$149,299
2017$2,873$145,860

History based on county public records data.

Payment Calculator

$1,864

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,146

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1057327
5
/10

  • Little River Elementary School

  • 100 Caswell Dr

  • 0.88 miles

  • Public District Grades PK-5

school-card-donut-1057328
5
/10

  • Union Park Elementary School

  • 1600 N Dean Rd

  • 1.57 miles

  • Public Magnet Grades PK-5

school-card-donut-1057329
6
/10

  • Forsyth Woods Elementary School

  • 6651 Curtis St

  • 1.57 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,480. The most common annual income of people living in Orlando, FL is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Orlando, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Orlando, FL?

Orlando's housing market is diverse, offering a mix of residential options to suit various preferences and budgets. Single-family homes are prevalent, with modern, Mediterranean, and ranch-style architectures being particularly common. The market also includes a selection of condominiums and townhouses, providing alternatives for those seeking a more urban living experience. The area has seen a steady growth in housing developments, with a significant number of properties constructed in the last few decades.

What are the advantages of living in Orlando, FL?

Orlando is celebrated for its vibrant atmosphere and strong sense of community. Known for its world-class attractions and entertainment options, the city prides itself on being a hub for both tourism and local cultural events. Residents enjoy a variety of annual festivals and community gatherings that reflect the city's diverse and dynamic character.

Are essential services in Orlando, FL convenient?

The community is served by a robust educational system, including numerous public and private schools that cater to a range of educational needs. Healthcare services are comprehensive, with several hospitals and clinics offering a variety of specialized care. The city also features a network of public libraries and a rich assortment of retail and dining options that showcase the local culture. Orlando continuously adapts its services to meet the evolving needs of its growing population.

How do Orlando, FL residents get around?

Orlando's transportation infrastructure is designed to accommodate both residents and visitors. The city offers multiple public transit options, including a bus system with regular routes throughout the area. For those who prefer private transport, ride-sharing services are readily available. The city is also connected by a network of major roads and highways, facilitating easy travel to and from the city. Efforts are ongoing to enhance the efficiency and accessibility of the transportation system, including improvements to walkability and bikeability in key areas.

Frequently Asked Questions About 8518 Rainbow Ave

What is the listing price of this property?

The listing price of 8518 Rainbow Ave property is $359,900.

What type of property is this?

The property 8518 Rainbow Ave is a house located in Orlando, Florida, 32825.

Is this property for sale now?

Active Listing: 8518 Rainbow Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,194 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 4, 2017 for $186,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8518 Rainbow Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8518 Rainbow Ave is 1,457 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8518 Rainbow Ave is 2005.

Rocket Homes›Florida›Orange County›Orlando›32825›8518 Rainbow Ave

This home is located at 8518 Rainbow Ave in Orlando, FL and zip code 32825. This 1,457 square foot home, which was built in 2005, sits on a 0.18 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $359,900.

In December 2024, from all listings sold in Orlando, FL there were more than 73 sold above asking price, over 487 sold below and more than 164 were sold right at the asked price. In December 2024 in Orlando, FL there were 0.9% less homes for sale than in November 2024. In December 2024 median list price was $395,042 and the average listing age was 57 days.

From Rocket Homes Real Estate and based on county public records data.

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