1016 Rainbow Ave
Pensacola, FL 32505
3 bd 2 ba 1,450 sqft Built 1963 Lot 10,454 sqft single_family
Most recent sale
$169,000
Mar 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 14, 2022 | Sold | $169,000 | MLS #602220 |
| Jan 13, 2021 | Sold | $149,900 | MLS #581073 |
| Oct 22, 2016 | Listing removed | $800 | Pensacola |
| Oct 6, 2016 | Price changed for rent | $800 | Pensacola |
| Aug 28, 2016 | Listed for rent | $850 | Pensacola |
| Nov 4, 1996 | Sold | $56,000 | Public Record |
| Aug 1, 1988 | Sold | $39,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $110,823 | $30,000 | $140,823 | $2,152 |
| 2023 | $106,006 | $25,000 | $131,006 | $1,894 |
| 2022 | $94,589 | $20,000 | $114,589 | $1,709 |
| 2021 | — | — | $84,406 | $1,362 |
| 2020 | $65,233 | $11,500 | $76,733 | $1,215 |
| 2019 | $63,739 | $11,500 | $75,239 | $1,204 |
| 2018 | $59,185 | $11,500 | $70,685 | $1,161 |
| 2017 | $54,063 | $11,500 | $65,563 | $1,110 |
| 2016 | $52,356 | $11,500 | $63,856 | $1,097 |
| 2015 | $50,250 | $11,500 | $61,750 | $1,055 |
| 2014 | — | — | $58,851 | $969 |
| 2013 | — | — | $62,419 | $1,078 |
| 2012 | — | — | $62,419 | $1,093 |
| 2011 | — | — | $65,307 | $1,137 |
| 2010 | — | — | $67,566 | $1,170 |
| 2009 | — | — | $70,551 | $1,213 |
| 2008 | — | — | $74,002 | $1,253 |
Property facts
Year built
1963
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,450 sqft
Lot size
10,454 sqft
ZIP code
32505
City
Pensacola
Street
Rainbow Ave
Coordinates
30.47021, -87.27058
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,014
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1016 Rainbow Ave last sell?
1016 Rainbow Ave most recently sold on Mar 14, 2022 for $169,000.
What is the current tax assessment for 1016 Rainbow Ave?
The most recent total assessment for 1016 Rainbow Ave (year 2025) is $140,823 with $2,152 in property tax.
How does 1016 Rainbow Ave's assessment compare to its last sale price?
The current assessment is 16.7% below the last sale price of $169,000.
When was 1016 Rainbow Ave built?
1016 Rainbow Ave was built in 1963.
How does 1016 Rainbow Ave compare to others on Rainbow Ave?
We track 5 other properties on Rainbow Ave. Browse the list under "Other properties on Rainbow Ave" to compare beds, baths, and sale history.
What are the property facts for 1016 Rainbow Ave?
1016 Rainbow Ave is a 3 bed, 2 bath, 1,450 sqft, 10,454 sqft lot single_family.
Is 1016 Rainbow Ave a flip candidate?
No — 1016 Rainbow Ave does not appear in our flips dataset.
Is 1016 Rainbow Ave a tax-appeal candidate?
No — 1016 Rainbow Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+14.6%
Implied 1-yr
+58.5%
2026 Q3
$578.5K
2026 Q4
$578.5K
ZIP 32505 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Rainbow Ave