NOT LISTED FOR SALE

1269 Rainbow Ln Montvale, VA 24122

Estimated Value: $218,994 - $267,000

3 Beds
2 Baths
1,600 Sq Ft
$153/Sq Ft Est. Value

Last Sold September 02, 2016

Last sale price $132,500 $83 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,383/month

93 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Ceiling Fan
  • Ranch Style House
  • Patio
  • Manufactured Home

About This Home

As of September 2016

Breathtaking views, privacy, open acreage, large storage building and root cellar. Open floor plan, master suite with bath and double closets, 2 more bedrooms with double closets.Fenced area for children and pets. New water softener in 2015.

Last Agent to Sell the Property

Kevin Turner

CENTURY 21 ALL-SERVICE License #0225019642 Listed on: 05/17/2016

CENTURY 21 ALL-SERVICE

Last Buyer's Agent

Non Member Transaction Agent

Non-Member Transaction Office

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $720

Year Built

  • Built in 1983

Lot Details

  • 11.36 Acre Lot
  • Fenced Yard

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Ranch Style House

Interior Spaces

  • 1,600 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Electric Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Schools

  • Montvale Elementary School
  • Liberty High School

Mobile Home

  • Manufactured Home

Utilities

  • Heat Pump System
  • Electric Water Heater

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$720

Year Built

Built in 1983

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Interior Features: Ceiling Fan
  • Heating System: Heat Pump Electric
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Fenced Yard, Patio
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1600.00
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 1600
  • LaundryLaundryEntryLevel: 1
  • Major Area: 06 - Bedford County
  • MasterBedroomsMasterBREntryLvl: 1
  • POACondoDues: 100.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2016-08-18
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1600
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1600.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

  • Sewer Description: Private Septic - 3BR
  • Water Description: Private Well
  • Water Heater Type: Tank

Schools

  • Elementary School: Montvale
  • High School: Liberty High

Lot Info

  • Lot Description: Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 11.36

Building Info

  • Year Built: 1983

Tax Info

  • Taxes (6 mo): 720.00
  • FILLTAXID: 34 2 22

MLS Schools

  • Elementary School: Montvale
  • HighSchool: Liberty High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2016
Closed on
Aug 31, 2016
Sold by
Shelton Daniel R
Bought by
Hurd Cynthia C
Seller's Agent
Kevin Turner
CENTURY 21 ALL-SERVICE
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$134,900
Sold Price
$132,500
Premium/Discount to List
-$2,400
-1.78%
Current Estimated Value
$245,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,749
Avg. Annual Appreciation
7.07%
Original Mortgage
$99,375
Outstanding Balance
$79,642
Interest Rate
3.45%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$165,607

Purchase Details

Listed on
Aug 21, 2015
Closed on
Oct 19, 2015
Sold by
Mclaughlin Edward L and Mclaughlin Kim A
Bought by
Shelton Daniel R
Seller's Agent
Patty Meyers
Long & Foster-Forest
Buyer's Agent
Meredith Ford
OUT OF AREA BROKER
List Price
$130,000
Sold Price
$115,000
Premium/Discount to List
-$15,000
-11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.68%
Original Mortgage
$92,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
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
Hurd Cynthia C $132,500 Reliance Title & Settlement
Shelton Daniel R $115,000 Attorney
Mclaughlin Kim A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hurd Cynthia C $30,000
Open Hurd Cynthia C $99,375
Previous Owner Mclaughlin Kim A $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2016 09/02/16 Sold $132,500 -1.8% $83 / Sq Ft
08/18/2016 08/18/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $134,900 +17.3% $84 / Sq Ft
10/19/2015 10/19/15 Sold $115,000 0.0% $73 / Sq Ft
10/19/2015 10/19/15 Sold $115,000 -11.5% $73 / Sq Ft
09/11/2015 09/11/15 Pending -- -- --
09/09/2015 09/09/15 Pending -- -- --
08/21/2015 08/21/15 For Sale $130,000 0.0% $83 / Sq Ft
05/20/2015 05/20/15 For Sale $130,000 -- $83 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $591 $144,200 $75,400 $68,800
2024 $591 $144,200 $75,400 $68,800
2023 $591 $72,100 $0 $0
2022 $676 $67,600 $0 $0
2021 $676 $135,200 $75,400 $59,800
2020 $676 $135,200 $75,400 $59,800
2019 $676 $135,200 $75,400 $59,800
2018 $552 $106,200 $38,800 $67,400
2017 $552 $106,200 $38,800 $67,400
2016 $499 $96,000 $38,800 $57,200
2015 $500 $96,100 $38,900 $57,200
2014 $474 $91,100 $34,300 $56,800
Source: Public Records

Agents Affiliated with this Home

  • Kevin Turner

    Seller's Agent in 2016

    Kevin Turner

    CENTURY 21 ALL-SERVICE

    (434) 665-7575

    143 Total Sales

    Kevin Turner
    Section Image

  • N

    Buyer's Agent in 2016

    Non Member Transaction Agent

    Non-Member Transaction Office

  • Walter Grewe

    Seller's Agent in 2015

    Walter Grewe

    WAINWRIGHT & CO., REALTORS(r)

    (540) 537-9281

    99 Total Sales

    Walter Grewe
    Section Image

  • P

    Seller's Agent in 2015

    Patty Meyers

    Long & Foster-Forest

    Section Image
  • Meredith Ford

    Buyer's Agent in 2015

    Meredith Ford

    OUT OF AREA BROKER

    (434) 385-8760

    2,717 Total Sales

    Meredith Ford
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 826476

Roanoke Valley Association of REALTORS®

APN: 34-2-22

Virginia Bedford County Montvale 24122

1269 Rainbow Ln, Montvale, VA

This home is located at 1269 Rainbow Ln, Montvale, VA 24122 since 17 May 2016 and is currently estimated at $245,249, approximately $153 per square foot. This property was built in 1983. 1269 Rainbow Ln is a home located in Bedford County with nearby schools including Montvale Elementary School, Liberty Middle School, and Liberty High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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