NOT LISTED FOR SALE

138 Rainbow Dr Collinsville, VA 24078

Estimated Value: $181,108 - $242,000

4 Beds
3 Baths
2,160 Sq Ft
$102/Sq Ft Est. Value

Last Sold October 26, 2017

Last sale price $114,000 $53 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,250/month

18 Days on Market

Highlights

  • 36,155 Sq Ft lot
  • Main Floor Bedroom
  • 1 Car Attached Garage
  • Deck
  • Cul-De-Sac
  • Double Pane Windows

About This Home

As of October 2017

A beautifully maintained home nestled off the road in a private setting. Large kitchen and dining area. Split bedroom floor plan. 4th bedroom freshly painted with a third full bathroom in basement. Oversized family room complete with a fireplace and gas logs in basement. Nice paved driveway with an attached garage. 2 decks and a patio. More updates coming.

Last Agent to Sell the Property

Jessica Crouch

Commonwealth LLC-REALTORS Brokerage Phone: 2766477772 License #0225230100 Listed on: 09/01/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $682

Year Built

  • Built in 1986

Lot Details

  • 0.83 Acre Lot
  • Lot Dimensions are 60x253x225x288
  • Cul-De-Sac
  • Property is in very good condition
  • Property is zoned S-R Sub Res

Parking

  • 1 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,160 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Family Room Downstairs
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Finished Basement Bathroom

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Schools

  • Collinsville Primary/John Redd Elementary School
  • Fieldale-Collinsville Middle School
  • Bassett High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Collinsville Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$682

Year Built

Built in 1986

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 60x253x225x288
  • Subdivision Name: Collinsville
  • Directions: Turn by Collinsville Post Office on John Redd, left on Williams, right on Patsy, right on Ridge, Left on Autumn, right on Fall Dr, Left on Rainbow. Home is at the end of the road on the right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 1986
  • Kitchen Level: First
  • RoomBedroomLevel: Basement
  • RoomBathroomLevel: Basement
  • Attribution Contact: 2766477772
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, As Is, Dishwasher, Disposal, Electric Range, Refrigerator
  • Other Equipment: No Farm Equipment
  • Has Basement: Full, Partially Finished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: 1, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: 1st Floor Bedroom, Ceiling Fan(s), Walk-In Closet(s)
  • Living Area: 2160
  • Window Features: Double Pane Windows, Window Treatments
  • Room Family Room Level: Basement

Exterior Features

  • Lot Features: Cul-De-Sac
  • Waterfront Features: No Surface Water
  • Home Warranty: No
  • Construction Type: Brick, Wood Siding
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Very Good
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Car Garage, Attached, Paved Drive
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Utilities On
  • Water Source: Public

Schools

  • Elementary School: Collinsville Primary/John Redd
  • High School: Bassett
  • Middle Or Junior School: Fieldale-Collinsville

Lot Info

  • Lot Size Sq Ft: 36154.8
  • Zoning: S-R Sub Res
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2023
Sold by
Jordan Dermaine C and Jordan Laquita H
Bought by
Jordan Laquita H
Current Estimated Value
$219,277

Purchase Details

Closed on
Jan 12, 2023
Sold by
Jordan Dermaine C and Jordan Laquita H
Bought by
Jordan Laquita H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,172
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 1, 2017
Closed on
Oct 26, 2017
Sold by
Mcpherson Yvonne B
Bought by
Jordan Dermaine C and Jordan Laquita H
Seller's Agent
Jessica Crouch
Commonwealth LLC-REALTORS
List Price
$114,000
Sold Price
$114,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$123,601
Interest Rate
3.78%
Mortgage Type
VA
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
Jordan Laquita H -- None Listed On Document
Jordan Laquita H -- Amrock
Jordan Dermaine C $121,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jordan Laquita H $161,172
Previous Owner Jordan Dermaine C $119,193
Previous Owner Jordan Dermaine C $123,601
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2017 10/26/17 Sold $114,000 0.0% $53 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $114,000 -- $53 / Sq Ft
Source: Martinsville, Henry & Patrick Counties 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
2024 $682 $122,900 $15,000 $107,900
2023 $682 $122,900 $15,000 $107,900
2022 $682 $122,900 $15,000 $107,900
2021 $682 $122,900 $15,000 $107,900
2020 $669 $120,600 $15,000 $105,600
2019 $669 $120,600 $15,000 $105,600
2018 $66,933 $120,600 $15,000 $105,600
2017 $66,933 $120,600 $15,000 $105,600
2016 $60,122 $123,200 $15,000 $108,200
2015 $60,122 $123,200 $15,000 $108,200
2014 -- $123,200 $15,000 $108,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martinsville, Henry & Patrick Counties Association of REALTORS®

MLS Number: 131377

APN: 001300019