NOT LISTED FOR SALE

195 Rainbow Dr Arrington, VA 22922

Estimated Value: $281,000 - $377,000

4 Beds
3 Baths
2,436 Sq Ft
$136/Sq Ft Est. Value

Last Sold January 16, 2020

Last sale price $192,500 $79 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,960/month

9 Days on Market

Highlights

  • Mountain View
  • Partially Wooded Lot
  • Wood Flooring
  • Wood Burning Stove
  • Rambler Architecture
  • Main Floor Bedroom

About This Home

As of January 2020

Great price and location in this 2,436 fin. sq. ft., 4 Br., 3 Ba., Brick Ranch with carport on 1.68 ac. with mountain views. Located just off US 29 in Colleen convenient to Charlottesville and Lyncburg. Beautiful oak floors, Brick FP w/electric logs in 16'6 x 13'5 Den, Custom cabinetry in fully equipped 10'7 x 14' Kit., windows replaced in 1994, 11' x 14'6 Master Br. w/bath, Walk-out Basement with 12'6 x 27' Family Rm. with Brick FP & wood stove insert, 13 'x 14'6 Workshop and Bedroom offers expansion for additional living space. Brick Detached Garage and Storage Shed. Park-like, landscaped yard with Boxwoods, Hollies, Weeping Willow, Maples and other shrubs and perennials, plus area for vegetable garden. Property sold "As Is" Condition.,Formica Counter,Wood Cabinets,Fireplace in Den,Fireplace in Family Room

Last Agent to Sell the Property

CAROLE SAUNDERS

MONTAGUE, MILLER & CO. - AMHERST License #0225125579[2333] Listed on: 11/20/2019

Last Buyer's Agent

Default Agent

Default Office License #CAAR:DEFAULT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,596

Year Built

  • Built in 1977

Lot Details

  • 1.68 Acre Lot
  • Landscaped
  • Sloped Lot
  • Partially Wooded Lot

Property Views

  • Mountain
  • Garden

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Composition Roof

Interior Spaces

  • Property has 1 Level
  • High Ceiling
  • 2 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Fireplace With Glass Doors
  • Brick Fireplace
  • Insulated Windows
  • Double Hung Windows
  • Window Screens
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Basement Windows

Parking

  • 1 Car Detached Garage
  • Rear-Facing Garage

Accessible Home Design

  • Grab Bars

Outdoor Features

  • Shed
  • Porch

Schools

  • Tye River Elementary School
  • Nelson Middle School
  • Nelson High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,596

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Grab Bars Mod
  • Building Total Sq Ft: 3563.00
  • Inclusions: Refrigerator, Electric Range, Dishwasher, Electric Logs, Washer, Dryer, Wood Stove
  • New Construction: No
  • Story List: Main
  • Year Built: 1977
  • Remarks Public: Great price and location in this 2,436 fin. sq. ft., 4 Br., 3 Ba., Brick Ranch with carport on 1.68 ac. with mountain views. Located just off US 29 in Colleen convenient to Charlottesville and Lyncburg. Beautiful oak floors, Brick FP w/electric logs in 16'6 x 13'5 Den, Custom cabinetry in fully equipped 10'7 x 14' Kit., windows replaced in 1994, 11' x 14'6 Master Br. w/bath, Walk-out Basement with 12'6 x 27' Family Rm. with Brick FP & wood stove insert, 13 'x 14'6 Workshop and Bedroom offers expansion for additional living space. Brick Detached Garage and Storage Shed. Park-like, landscaped yard with Boxwoods, Hollies, Weeping Willow, Maples and other shrubs and perennials, plus area for vegetable garden. Property sold "As Is" Condition.,Formica Counter,Wood Cabinets,Fireplace in Den,Fireplace in Family Room
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer/Dryer Hookups Only, Washer, Dishwasher, Oven/Range - Electric, Microwave, Refrigerator
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Kitchen - Eat-In, Entry Level Bedroom
  • Window Features: Double Hung, Insulated, Screens
  • Fireplace Features: Brick, Fireplace - Glass Doors, Wood, Insert
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: High
  • Foundation Details: Block
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Den, Foyer, Laundry, Mud Room, Primary Bathroom, Full Bath, Additional Bedroom
  • Basement: Yes
  • Basement Type: Full, Heated, Interior Access, Outside Entrance, Partially Finished, Walkout Level, Windows
  • Living Area Units: Square Feet
  • Total Sq Ft: 3248
  • Living Area Sq Ft: 2436
  • Price Per Sq Ft: 118.53
  • Above Grade Finished Sq Ft: 1624
  • Below Grade Finished Sq Ft: 812
  • Below Grade Sq Ft: 812
  • Total Below Grade Sq Ft: 1624
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 195

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Lower Levels Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Composite
  • View: Mountain, Garden/Lawn
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Oil, Wood
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Septic Exists
  • Water Source: Community
  • Internet Services: Other

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: NELSON COUNTY PUBLIC SCHOOLS
  • Elementary School: TYE RIVER
  • Middle School: NELSON
  • High School: NELSON
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121141052214
  • School District Source: Listing Agent
  • Elementary School: TYE RIVER
  • High School: NELSON
  • Middle Or Junior School: NELSON

Lot Info

  • Lot Features: Sloping, Landscaping, Partly Wooded
  • Lot Size Acres: 1.68
  • Outdoor Living Structures: Porch(es)
  • Zoning: R-1
  • Zoning Description: Residential

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 17803913
  • Tax Annual Amount: 1596.00
  • Tax Year: 2019
  • Close Date: 01/16/2020

MLS Schools

  • School District Name: NELSON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2019
Closed on
Jan 13, 2020
Sold by
Spencer Preston N and Stone Mary A
Bought by
Orman Robert E and Jones Meaghan T
Seller's Agent
CAROLE SAUNDERS
MONTAGUE, MILLER & CO. - AMHERST
Buyer's Agent
Default Agent
Default Office
List Price
$192,500
Sold Price
$192,500
Current Estimated Value
$331,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,941
Avg. Annual Appreciation
11.57%
Original Mortgage
$194,444
Outstanding Balance
$173,575
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$182,650
Source: Public Records

Range of Values:

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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
Orman Robert E $192,500 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orman Robert Edward $98,076
Open Orman Robert E $194,444
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2020 01/16/20 Sold $192,500 0.0% $79 / Sq Ft
11/29/2019 11/29/19 Pending -- -- --
11/20/2019 11/20/19 For Sale $192,500 -- $79 / Sq Ft
Source: Bright 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 $1,843 $283,500 $21,800 $261,700
2024 $1,843 $283,500 $21,800 $261,700
2023 $1,843 $283,500 $21,800 $261,700
2022 $1,843 $283,500 $21,800 $261,700
2021 $1,588 $220,600 $19,800 $200,800
2020 $1,588 $220,600 $19,800 $200,800
2019 $1,588 $220,600 $19,800 $200,800
2018 $1,588 $220,600 $19,800 $200,800
2017 $1,568 $217,800 $21,000 $196,800
2016 $1,568 $217,800 $21,000 $196,800
2015 $1,568 $217,800 $21,000 $196,800
2014 $784 $217,800 $21,000 $196,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 597969

Bright MLS

APN: 76A-4-207