NOT LISTED FOR SALE

1253 Rainbow Rd Advance, NC 27006

Estimated Value: $370,000 - $429,000

3 Beds
2 Baths
2,900 Sq Ft
$135/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $386,100 $133 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,264/month

9 Days on Market

Highlights

  • Dining Room with Fireplace
  • Wood Flooring
  • Solid Surface Countertops
  • North Davie Middle School Rated A-
  • Corner Lot
  • No HOA

About This Home

As of October 2023

Welcome to Advance, North Carolina in beautiful Davie County! We have a super cute renovated Ranch Style home with a fully finished basement that can be used for extra bedrooms or converted to an in-law suite. Main living area has been updated with Oak Wood floors including new carpet in the bedrooms. Kitchen has been updated with all new appliances as well as new Granite Countertops and back splash. The privacy fence around this easily maintainable level lot has been repaired to Like New condition with power run to the shed in the back yard. This house is USDA approved! Take a look and please let us know what you think.

Last Agent to Sell the Property

Dustin Green

DR Horton License #306846 Listed on: 08/04/2023

Last Buyer's Agent

Jaimie Stanley

Main St. Brokers Real Estate License #325698

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,036

Year Built

  • Built in 1969

Lot Details

  • 0.64 Acre Lot
  • Privacy Fence
  • Fenced
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Garden
  • Property is zoned RS

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,709 Sq Ft Home
  • 2,400-2,900 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Ceiling Fan
  • Gas Log Fireplace
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Security Lights
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Finished Basement

  • Sump Pump
  • Fireplace in Basement

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number D700000075
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,036

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.64
  • Subdivision Name: None
  • Directions: I40 W-HWY 801 S-R HWY 158-R REDLAND RD-L RAINBOW ON THE R W/SIGN
  • Above Grade Finished Sq Ft: 2709
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1969
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 700 - 900
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2400 - 2900
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Attached Microwave Oven,Built-In Oven,Built-in Range,Dishwasher,Exhaust Fan, Water Heater: Electric
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Furniture, Ceiling Fan(s), Dead Bolt(s), Dryer Connection, Gas Logs, Laundry Room - Main Level, Solid Surface Counter, Sump Pump, Washer Connection
  • Accessibility Features: 2 or more Access Exits
  • Has Basement: Finished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Basement, Dining Room
  • Fireplaces: 2
  • Living Area: 2709
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Exterior Features: Covered Porch, Fenced, Garden Space, Patio, Paved Drive, Privacy Fence, Security Lighting, Storage Building(s)
  • Fencing: Fenced
  • Lot Features: Clear, Corner Lot, Fence(s), Level
  • Pool Features: None
  • Construction Type: Brick, Stone, Vinyl Siding
  • Foundation Details: Basement
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Paved Drive, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic
  • Laundry Features: Dryer Connection, Main Level, Washer Connection
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: D700000075
  • Zoning: RS
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1035.89
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.7729

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Oct 3, 2023
Sold by
Musgrave Terry and Musgrave Susan
Bought by
Hawkins Donald Duane and Hawkins Sarah Elise
Seller's Agent
Dustin Green
DR Horton
Buyer's Agent
Jaimie Stanley
Main St. Brokers Real Estate
List Price
$390,000
Sold Price
$386,100
Premium/Discount to List
-$3,900
-1%
Views
437
Current Estimated Value
$390,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,528
Avg. Annual Appreciation
0.57%
Original Mortgage
$298,687
Outstanding Balance
$290,043
Interest Rate
5%
Mortgage Type
VA
Estimated Equity
$100,585

Purchase Details

Closed on
Sep 19, 2022
Sold by
Lee Finlay Jason
Bought by
Musgrave Terry and Musgrave Susan

Purchase Details

Closed on
Apr 6, 2006
Sold by
Robinson Larry C and Robinson Deborah L
Bought by
Finlay Jason Lee and Finlay Carol Thompson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2000

Purchase Details

Closed on
Oct 1, 1996

Purchase Details

Closed on
Jan 1, 1996
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Date Buyer Sale Price Title Company
Hawkins Donald Duane $386,500 None Listed On Document
Hawkins Donald Duane $386,500 None Listed On Document
Musgrave Terry $160,000 --
Finlay Jason Lee $135,000 --
-- -- --
-- $78,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawkins Donald Duane $298,687
Closed Hawkins Donald Duane $298,687
Previous Owner Finlay Jason Lee $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2023 10/12/23 Sold $386,100 +3.0% $161 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
08/09/2023 08/09/23 Price Changed $375,000 -3.8% $156 / Sq Ft
08/04/2023 08/04/23 For Sale $390,000 -- $163 / Sq Ft
Source: Triad 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
2025 $2,578 $374,430 $25,490 $348,940
2024 $1,314 $170,030 $19,380 $150,650
2023 $1,036 $134,010 $19,380 $114,630
2022 $1,043 $134,010 $19,380 $114,630
2021 $1,036 $134,010 $19,380 $114,630
2020 $960 $123,410 $18,950 $104,460
2019 $960 $123,410 $18,950 $104,460
2018 $960 $123,410 $18,950 $104,460
2017 $948 $123,410 $0 $0
2016 $988 $128,620 $0 $0
2015 $988 $128,620 $0 $0
2014 $849 $128,620 $0 $0
2013 -- $128,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Dustin Green

    DR Horton

    (336) 251-2010

    37 Total Sales

    Dustin Green
    Section Image

  • J

    Buyer's Agent in 2023

    Jaimie Stanley

    Main St. Brokers Real Estate

    (336) 782-1425

    37 Total Sales

    Jaimie Stanley
    Section Image
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Map

Source: Triad MLS

MLS Number: 1114932

Triad MLS

APN: D7-000-00-075

North Carolina Davie County Advance 27006

1253 Rainbow Rd, Advance, NC

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