NOT LISTED FOR SALE

1260 Rainbow Rapids Rd Rutherfordton, NC 28139

Estimated Value: $170,000 - $224,882

27 Acres
$7,443 Price per Acre
1,176,120 Sq Ft Lot

Last Sold January 06, 2023

Last sale price $169,000 $178 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,163/month

59 Days on Market

About This Lot

As of January 2023

Beautiful 27 Acre tract with long range mountain views from the ridge-top. This tract lays very nice, is easily accessible and comes with an old hunting cabin. Located just 10 minutes outside Lake Lure and a short drive to Rutherfordton. Nice ridge-top, lays great and has views and mature hardwoods. A Must See At Only $175,000!

Last Agent to Sell the Property

David Caulder

Caulder Realty & Land Co. License #75204 Listed on: 11/08/2022

Last Buyer's Agent

David Caulder

Caulder Realty & Land Co. License #75204 Listed on: 11/08/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,223

Lot Details

  • Property fronts a state road
  • Paved or Partially Paved Lot
  • Sloped Lot
  • Wooded Lot
  • Possible uses of the property include Multi-Family, Private Estate, Residential

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 808830

Property Details

Property Type

Land

Est. Annual Taxes

$1,223

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: Yes
  • Ratio Current Price By Acre: 6259.26
  • Restrictions: No Restrictions
  • Road Frontage Type: Paved Road, State Road
  • Road Surface Type: Paved
  • Structure Type: Acreage
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Multi-Family, Private Estate, Residential

Exterior Features

  • Tax Location: No City Taxes Paid

Utilities

  • Sewer: Septic Installed
  • Water Source: Well

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Mountain View, Paved, Sloped, Wooded
  • Lot Size Area: 27
  • Lot Size Units: Acres
  • Parcel Number: 808830
  • Out Buildings Yn: 0
  • Zoning Description: none
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 2.11353

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2022
Sold by
Hosking William L
Bought by
Sherrill John Wayne and Sherrill Sherrilea Joy
Current Estimated Value
$200,971
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Sherrill John Wayne $169,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2023 01/06/23 Sold $169,000 -3.4% $178 / Sq Ft
11/08/2022 11/08/22 For Sale $175,000 -- $184 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,223 $169,100 $128,800 $40,300
2024 $1,156 $169,100 $128,800 $40,300
2023 $757 $169,100 $128,800 $40,300
2022 $757 $82,800 $66,900 $15,900
2021 $744 $82,800 $66,900 $15,900
2020 $744 $82,800 $66,900 $15,900
2019 $736 $82,800 $66,900 $15,900
2018 $704 $77,800 $66,800 $11,000
2016 $670 $77,800 $66,800 $11,000
2013 -- $77,800 $66,800 $11,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3920329

Canopy MLS (Canopy Realtor® Association)

APN: 808830