NOT LISTED FOR SALE

161 Rainbow Dr Stanley, NC 28164

Estimated Value: $325,941 - $361,000

3 Beds
2 Baths
1,602 Sq Ft
$213/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $325,000 $203 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,946/month

About This Home

Welcome Home! This beautiful 3/2 ranch home sits on a large lot in Stanley. Inside the front door, a spacious foyer guides way to the living area with a beautiful, brick fireplace. Through the doorway, a dining room awaits, which connects to the updated eat-in kitchen with quartz countertops and stainless appliances (range, microwave, and dishwasher to convey). Down the hall you will find a spacious laundry area, two guest bedrooms and an updated guest bath. Also, the spacious primary bedroom with its updated, private, en-suite bathroom. Off the kitchen, a spacious deck overlooks the fenced in back yard with convenient storage shed. Don't miss this opportunity! Stop by today!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2024
Closed on
Jul 12, 2024
Sold by
Offerpad Spe Borrower A Llc
Bought by
Griffin Gerald Cody and Griffin Nicole Marie
Seller's Agent
Marty Walsh
OfferPad Brokerage LLC
Buyer's Agent
Brian Sayavong
L&E Properties
List Price
$335,000
Sold Price
$325,000
Premium/Discount to List
-$10,000
-2.99%
Views
45
Current Estimated Value
$341,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,485
Avg. Annual Appreciation
3.40%
Original Mortgage
$315,250
Outstanding Balance
$311,513
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$29,972

Purchase Details

Closed on
Apr 25, 2024
Sold by
Holland Christopher T
Bought by
Offerpad Spe Borrower A Llc

Purchase Details

Closed on
Aug 25, 2019
Sold by
Phillips Jennifer N
Bought by
Holland Christopher T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,984
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2015
Sold by
Allender Barry and Allender Barry
Bought by
Holland Christopher T and Phillips Jennifer N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,102
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2009
Sold by
Smith Michael E and Smith Kimberly D
Bought by
Allender Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2000
Sold by
Apsitis Eric J Patricia L
Bought by
Smith Michael E and Dunsmore Kimberly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,050
Interest Rate
8.55%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Griffin Gerald Cody $325,000 Titlevest
Offerpad Spe Borrower A Llc $298,500 Titlevest
Holland Christopher T -- None Available
Holland Christopher T $152,000 Attorney
Allender Betty $150,000 None Available
Smith Michael E $114,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffin Gerald Cody $315,250
Previous Owner Holland Christopher T $149,984
Previous Owner Holland Christopher T $155,102
Previous Owner Allender Betty $100,000
Previous Owner Smith Michael E $103,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2024 07/15/24 Sold $325,000 -3.0% $203 / Sq Ft View Prior Sale
06/04/2024 06/04/24 For Sale $335,000 -- $209 / Sq Ft

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 $1,945 $272,360 $20,500 $251,860
2024 $1,896 $272,360 $20,500 $251,860
2023 $1,845 $265,520 $20,500 $245,020
2022 $1,451 $157,710 $16,000 $141,710
2021 $1,471 $157,710 $16,000 $141,710
2019 $1,471 $157,710 $16,000 $141,710
2018 $1,326 $139,539 $16,800 $122,739
2017 $1,326 $139,539 $16,800 $122,739
2016 $1,326 $139,539 $0 $0
2014 $1,304 $138,750 $26,500 $112,250
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Marty Walsh

    OfferPad Brokerage LLC

    Marty Walsh
    Section Image

  • B

    Buyer's Agent in 2024

    Brian Sayavong

    L&E Properties

    (704) 827-0801

    11 in this area

    99 Total Sales

    Brian Sayavong
    Section Image
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Map

North Carolina Gaston County Stanley 28164

161 Rainbow Dr, Stanley, NC

Not Listed for Sale

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