NOT LISTED FOR SALE

107 Rainbow Dr Carrboro, NC 27510

Estimated Value: $551,000 - $629,000

4 Beds
3 Baths
1,924 Sq Ft
$307/Sq Ft Est. Value

Last Sold October 13, 2022

Last sale price $483,750 $251 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,706/month

2 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Wood Flooring
  • C and L Mcdougle Elementary School Rated A
  • Traditional Architecture
  • 4-minute walk to Martin Luther King Jr Park

About This Home

As of October 2022

Opportunity is knocking, somewhere over the rainbow....Carrboro classic on a HUGE lot with wired workshop and all the elements you need to create your own private sanctuary. Updated windows, large airy spaces, new light fixtures and fresh paint with a floor plan that allows for a variety of needs; the possibilities are endless both for the house and yard. The property has been excellently maintained but is ready for a new owner to shepherd it into its next chapter.

Last Agent to Sell the Property

Jackie Tanner

Long & Foster Real Estate INC License #175581 Listed on: 09/24/2022

Long & Foster Real Estate INC

Last Buyer's Agent

Inna Shapiro

NorthGroup Real Estate, Inc. License #285460

NorthGroup Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,515

Year Built

  • Built in 1971

Lot Details

  • 0.76 Acre Lot
  • Landscaped with Trees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Multi-Level Property
  • Fireplace Features Masonry
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Workshop
  • Utility Room
  • Crawl Space
  • Pull Down Stairs to Attic

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • Gravel Driveway

Schools

  • Mcdougle Elementary And Middle School
  • Chapel Hill High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Deck
  • Property is near public transit

Community Details

  • No Home Owners Association
  • Association fees include unknown
  • R S Lloyd Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,515

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Year Built: 1971
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: R S Lloyd
  • Above Grade Finished Sq Ft: 1287.0
  • Architectural Style: Traditional
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Multi/Split
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: L
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Flooring Vinyl: Yes
  • Interior Features LivingDining Room Combination: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Room Types Workshop2: Yes
  • Levels MultiSplit: Yes
  • General Property Information Above Grade Finished Area: 1287.0
  • General Property Information Below Grade Finished Area: 637.0
  • General Property Information Carport YN: Yes
  • General Property Information Carport Spaces2: 2.0
  • General Property Information Lot Size Square Feet2: 33105.6
  • General Property Information Lot Size Acres: 0.76
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Entrance Foyer, Living/Dining Room Combination
  • Basement: Crawl Space
  • Appliances: Dryer, Electric Water Heater, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 637.0
  • Fireplace Features: Family Room, Masonry
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Interior Features:Entrance Foyer: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Masonry: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.76
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Deck
  • Window Features:Blinds: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Near Public Transit: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, Driveway, Gravel
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Carport: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: CH/Carrboro - Chapel Hill
  • Middle Or Junior School: CH/Carrboro - McDougle

Lot Info

  • Lot Dimensions: 0
  • Lot Size Sq Ft: 33105.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5515.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: CH/Carrboro - McDougle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2022
Closed on
Oct 7, 2022
Sold by
Thomas Eugene Hale and Thomas Leisa Patterson
Bought by
Burgen Belltawn and Joachim Welte Joachim
Seller's Agent
Jackie Tanner
Long & Foster Real Estate INC
Buyer's Agent
Inna Shapiro
NorthGroup Real Estate, Inc.
List Price
$430,000
Sold Price
$483,750
Premium/Discount to List
$53,750
12.5%
Current Estimated Value
$586,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,629
Avg. Annual Appreciation
3.43%
Original Mortgage
$261,875
Outstanding Balance
$231,101
Interest Rate
5.21%
Mortgage Type
New Conventional
Estimated Equity
$301,072

Purchase Details

Closed on
Oct 5, 2013
Bought by
Thomas John E
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Burgen Belltawn $484,000 --
Thomas John E $31,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burgen Belltawn $261,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $483,750 -- --
10/13/2022 10/13/22 Sold $483,750 +12.5% $251 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
09/24/2022 09/24/22 For Sale $430,000 -- $223 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $5,957 $343,400 $170,000 $173,400
2023 $5,856 $343,400 $170,000 $173,400
2022 $5,790 $343,400 $170,000 $173,400
2021 $5,747 $343,400 $170,000 $173,400
2020 $5,109 $292,200 $130,000 $162,200
2018 $5,018 $292,200 $130,000 $162,200
2017 $4,344 $292,200 $130,000 $162,200
2016 $4,344 $252,861 $101,005 $151,856
2015 $4,344 $252,861 $101,005 $151,856
2014 $4,304 $252,861 $101,005 $151,856
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jackie Tanner

    Long & Foster Real Estate INC

    (919) 360-1820

    83 Total Sales

    Section Image
  • Inna Shapiro

    Buyer's Agent in 2022

    Inna Shapiro

    NorthGroup Real Estate, Inc.

    (919) 626-4662

    205 Total Sales

    Section Image
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Map

Source: Doorify MLS

MLS Number: 2475919

Doorify MLS

APN: 9779206931

North Carolina Orange County Carrboro 27510

107 Rainbow Dr, Carrboro, NC

This home is located at 107 Rainbow Dr, Carrboro, NC 27510 since 24 September 2022 and is currently estimated at $590,074, approximately $306 per square foot. This property was built in 1971. 107 Rainbow Dr is a home located in Orange County with nearby schools including C and L Mcdougle Elementary School, McDougle Middle School, and Chapel Hill High School.

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