NOT LISTED FOR SALE

102 Rainbow Dr Arrington, VA 22922

Arrington Area

Estimated Value: $306,000 - $384,000

2 Beds
2 Baths
1,560 Sq Ft
$225/Sq Ft Est. Value

Sale Details

Date Sold: March 23, 2016

Last sale price $153,400 $98 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $2,078 / mo

403 Days on Market

Highlights

  • Ski Accessible
  • Community Lake
  • Ranch Style House
  • Mountain View
  • Wood Burning Stove
  • Wood Flooring

About This Home

As of March 2016

This one-owner, custom-built 1560 fin. sq. ft. ranch on 1.05 landscaped acres offers oak floors, pine cabinetry and wainscoting, 10'x29' Sunroom w/ceramic flr., 17'x22' Great Rm., built-in bookcases & desk in 9'x29' Office, skylights, full walk-out basement for further expansion & plumbed for bath. Heat pump w/wood stove for supplemental heat. Located just minutes off 29 in Colleen and convenient to medical, schools & shopping. Enjoy mountain views from your front yard. Seller Wants Offers!

Last Agent to Sell the Property

Carole Saunders

Montague Miller And Co.-Amher License #0225157195 Listed on: 02/05/2015

Last Buyer's Agent

Carole Saunders

Montague Miller And Co.-Amher License #0225157195 Listed on: 02/05/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,375

Year Built

  • Built in 1992

Lot Details

  • 1.05 Acre Lot
  • Landscaped
  • Garden

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 1,560 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Wood Burning Stove
  • Great Room
  • Workshop
  • Mountain Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Attic

  • Attic Fan
  • Attic Access Panel

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Workshop
  • Rough-In Basement Bathroom

Schools

  • Tye River Elementary School
  • Nelson Midl Middle School
  • Nelson County High School

Utilities

  • Window Unit Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 76-A-67M

Community Details

Overview

  • Payne Subdivision
  • Community Lake

Recreation

  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,375

Year Built

Built in 1992

Lot Details

1.05 Acres

Listing Details

  • FILLACRES: 1.0500
  • AssocFeeOptional: None
  • Directions: US 29 N. into Nelson, R. on Rainbow Dr. which is just below Blue Ridge Medical Center. House on R.
  • ElementarySchool8: Tye River Elem
  • HighSchool8: Nelson County High
  • Lot Measurement: Acres
  • Lot Sq Ft: 45738.00
  • MiddleSchool8: Nelson Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 76-A-67M
  • Year Built: 1992
  • Heating System: Heat Pump, Propane, Wood Stove
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 4.400 x 5.000
  • Laundryroom Len: 4.400
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 150.000000
  • Master Bedroom Dim: 12.000 x 12.500
  • Masterbedroom Len: 12.000
  • Masterbedroom Wid: 12.500
  • Office Dim: 9.700 x 29.400
  • Sun Room Len: 10.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 2
  • Broker Approved: Yes
  • Legal Description: Tax Map 76-A-77M, 1.05 ac. w/Improvements
  • Reciprocal Listing: No
  • Second Bedroom: 11.60x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 139.200000
  • Above Grade Finished Sq Ft: 1560.00
  • ApplianceConvey: Dishwasher, Disposal, Range-Elec
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Full, Interior Entrance, Roughed in Bath, Walkout, Workshop
  • Breakfast Area: 6.80x9.11 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Vinyl, Wood
  • Year Built Exception: 0
  • Deck: 8x8 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Great Room: 17x22 Level: Level 1 Above Grade
  • Interior Amenities: Ceiling Fan(s), Drywall, Great Room, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Skylights, Workshop
  • Dining Kitchen: 16.70x11.70 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Main Level, Washer Connections
  • Laundry Room: 4.40x5 Level: Level 1 Above Grade
  • Master Bedroom: 12x12.50 Level: Level 1 Above Grade
  • Office: 9.70x29.40 Level: Level 1 Above Grade
  • Sun Room: 10x29.40 Level: Level 1 Above Grade
  • GreatRoom Area: 374.000000
  • Livinggreat Room Dim: 17.000 x 22.000
  • Kitchen Area: 195.390000
  • Laundry Room Area: 22.000000
  • Office Area: 285.180000
  • Est Other Room1 Dim: 0.000 x 0.000
  • Est Other Room2 Dim: 0.000 x 0.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Dim: 0.000 x 0.000
  • Sun Room Area: 294.000000
  • Sunroom Dim: 10.000 x 29.400

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Garden Space, Landscaped, Undergrnd Utilities, Mountain Views, Lake Nearby, Ski Slope Nearby

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Attic Fan, Heat Pump, Window Unit(s)
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Payne Subdivision

Schools

  • School District: Nelson

Lot Info

  • Lot Sq Ft: 1560.00

Tax Info

  • Estimated Taxes: 1375

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2015
Closed on
Mar 22, 2016
Sold by
Bought by
Seller's Agent
Carole Saunders
Montague Miller And Co.-Amher
Buyer's Agent
Carole Saunders
Montague Miller And Co.-Amher
List Price
$210,000
Sold Price
$153,400
Premium/Discount to List
-$56,600
-26.95%
Current Estimated Value
$351,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,049
Avg. Annual Appreciation
8.33%
Original Mortgage
$148,031
Interest Rate
0.0387%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$153,400 Partners Escrow & Title Clos
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $148,031
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/23/2016 03/23/16 Sold $153,400 -27.0% $98 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
02/05/2015 02/05/15 For Sale $210,000 -- $135 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $1,959 $349,800 $29,400 $320,400
2025 $1,791 $275,500 $20,000 $255,500
2024 $1,791 $275,500 $20,000 $255,500
2023 $1,791 $275,500 $20,000 $255,500
2022 $1,791 $275,500 $20,000 $255,500
2021 $1,498 $208,000 $20,000 $188,000
2020 $1,498 $208,000 $20,000 $188,000
2019 $1,498 $208,000 $20,000 $188,000
2018 $1,498 $208,000 $20,000 $188,000
2017 $1,374 $190,900 $20,000 $170,900
2016 $1,374 $190,900 $20,000 $170,900
2015 $1,374 $190,900 $20,000 $170,900
2014 $1,374 $190,900 $20,000 $170,900
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Carole Saunders

    Montague Miller And Co.-Amher

See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 290037

APN: 76-A-67M

Virginia Nelson County Arrington 22922

102 Rainbow Dr, Arrington, VA

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