NOT LISTED FOR SALE

20307 Rainbow Cir Cornelius, NC 28031

Estimated Value: $2,595,000 - $2,844,000

4 Beds
5 Baths
4,571 Sq Ft
$606/Sq Ft Est. Value

About This Home

This home is located at 20307 Rainbow Cir, Cornelius, NC 28031 and is currently estimated at $2,768,330, approximately $605 per square foot. 20307 Rainbow Cir is a home located in Mecklenburg County with nearby schools including Cornelius Elementary School, Bailey Middle School, and William Amos Hough High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2021
Sold by
Randle Glenn A and Robert E Randle Revocable Tr F
Bought by
Shilmover Frederick and Shilmover Adriane K
Current Estimated Value
$2,768,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$544,407
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$2,223,923
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Shilmover Frederick $1,380,000 Tryon Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shilmover Frederick $600,000
Source: Public Records

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 $12,976 $2,102,500 $1,400,000 $702,500
2024 $12,976 $1,977,500 $1,400,000 $577,500
2023 $9,089 $1,406,500 $1,400,000 $6,500
2022 $6,761 $796,400 $786,500 $9,900
2021 $6,681 $796,400 $786,500 $9,900
Source: Public Records

Map

North Carolina Mecklenburg County Cornelius 28031

20307 Rainbow Cir, Cornelius, NC

Not Listed for Sale

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