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7114 Rainbow Dr

Louisville, KY 40272

3 bd 1 ba 1,230 sqft Built 1955 Lot 10,890 sqft single_family
Most recent sale
$149,950
Jan 18, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 18, 2023 Sold $149,950 Public Record
Jan 17, 2023 Listing removed Louisville
Jan 13, 2023 Sold $149,950 Louisville
Nov 6, 2022 Price changed $149,950 Louisville
Oct 25, 2022 Price changed $155,000 Louisville
Oct 4, 2022 Price changed $157,000 Louisville
Sep 24, 2022 Listed $163,600 Louisville
Aug 7, 2014 Sold $65,100 Public Record
Aug 1, 2014 Sold $65,000 Louisville
Jun 17, 2014 Listing removed $69,950 Louisville
May 27, 2014 Listed $69,950 Louisville
Mar 23, 2012 Listing removed $69,950 Louisville
Sep 28, 2011 Listed $69,950 Louisville

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $131,410 $18,540 $149,950 $1,710
2024 $131,410 $18,540 $149,950 $1,746
2023 $114,440 $18,540 $132,980 $1,593
2022 $80,060 $18,000 $98,060 $1,178
2021 $80,060 $18,000 $98,060 $1,269
2020 $80,060 $18,000 $98,060 $1,134
2019 $80,060 $18,000 $98,060 $1,111
2018 $48,000 $17,000 $65,000 $728
2017 $48,000 $17,000 $65,000 $682
2016 $48,000 $17,000 $65,000 $685
2015 $48,000 $17,000 $65,000 $687
2014 $50,040 $17,000 $67,040 $708
2013 $50,040 $17,000 $67,040 $708
2012 $50,040 $17,000 $67,040 $702
2011 $50,040 $17,000 $67,040 $686
2010 $69,670 $713
2009 $69,670 $692

Property facts

Year built
1955
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,230 sqft
Lot size
10,890 sqft
ZIP code
40272
City
Louisville
Street
Rainbow Dr
Coordinates
38.05569, -85.89880

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7114 Rainbow Dr last sell?
7114 Rainbow Dr most recently sold on Jan 18, 2023 for $149,950.
What is the current tax assessment for 7114 Rainbow Dr?
The most recent total assessment for 7114 Rainbow Dr (year 2025) is $149,950 with $1,710 in property tax.
How does 7114 Rainbow Dr's assessment compare to its last sale price?
The current assessment is 0.0% above the last sale price of $149,950.
When was 7114 Rainbow Dr built?
7114 Rainbow Dr was built in 1955.
How does 7114 Rainbow Dr compare to others on Rainbow Dr?
We track 8 other properties on Rainbow Dr. Browse the list under "Other properties on Rainbow Dr" to compare beds, baths, and sale history.
What are the property facts for 7114 Rainbow Dr?
7114 Rainbow Dr is a 3 bed, 1 bath, 1,230 sqft, 10,890 sqft lot single_family.
Is 7114 Rainbow Dr a flip candidate?
No — 7114 Rainbow Dr does not appear in our flips dataset.
Is 7114 Rainbow Dr a tax-appeal candidate?
No — 7114 Rainbow Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.7%
Implied 1-yr
-14.9%
2026 Q3
$202.7K
2026 Q4
$192.8K
ZIP 40272 — Median Price History + Forecast

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