114 Rainbow St SW Concord, NC 28025
Estimated Value: $357,200 - $383,000
3
Beds
2
Baths
1,960
Sq Ft
$189/Sq Ft
Est. Value
About This Home
This home is located at 114 Rainbow St SW, Concord, NC 28025 and is currently estimated at $369,550, approximately $188 per square foot. 114 Rainbow St SW is a home located in Cabarrus County with nearby schools including Rocky River Elementary School, J.N. Fries Middle School, and Branch Christian Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 31, 2005
Sold by
Osborne Steven Ryan and Osborne Sara M
Bought by
Butler Jimmy L and Butler Ann L
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.99%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Feb 25, 2004
Sold by
Jordan Monty L and Jordan Robin W
Bought by
Osborne Steven R and Osborne Sara M
Purchase Details
Closed on
Feb 2, 2004
Sold by
Jordan Monty L and Jordan Robin W
Bought by
Jordan Monty L and Jordan Robin W
Purchase Details
Closed on
Mar 1, 1988
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Butler Jimmy L | $165,000 | -- | |
| Osborne Steven R | $20,000 | -- | |
| Jordan Monty L | -- | -- | |
| -- | $6,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Butler Jimmy L | $60,000 | |
| Closed | Butler Jimmy L | $9,500 | |
| Open | Butler Jimmy Lynn | $165,500 | |
| Closed | Butler Jimmy | $168,000 | |
| Closed | Butler Jimmy L | $132,000 | |
| Closed | Butler Jimmy L | $33,000 |
Source: Public Records
Tax History Compared to Growth
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 | $2,838 | $284,950 | $68,000 | $216,950 |
| 2023 | $2,345 | $192,180 | $38,000 | $154,180 |
| 2022 | $2,360 | $193,480 | $38,000 | $155,480 |
| 2021 | $2,360 | $193,480 | $38,000 | $155,480 |
| 2020 | $2,360 | $193,480 | $38,000 | $155,480 |
| 2019 | $2,016 | $165,250 | $28,000 | $137,250 |
| 2018 | $1,983 | $165,250 | $28,000 | $137,250 |
| 2017 | $1,950 | $165,250 | $28,000 | $137,250 |
| 2016 | $1,157 | $158,510 | $28,000 | $130,510 |
| 2015 | $1,870 | $158,510 | $28,000 | $130,510 |
| 2014 | $1,870 | $158,510 | $28,000 | $130,510 |
Source: Public Records
Map
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