NOT LISTED FOR SALE

204 Rainbow Dr Stanley, NC 28164

Estimated Value: $308,000 - $352,000

3 Beds
2 Baths
1,495 Sq Ft
$215/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $253,000 $169 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,840/month

2 Days on Market

Highlights

  • Ranch Style House
  • Fireplace
  • Level Lot
  • Wood Flooring
  • Many Trees

About This Home

As of November 2021

Beautifully maintained home nestled on a large lot in established Stanly neighborhood! This three bedroom, two bathroom home features hardwood floors, barn door accents, a lot of natural light, and a brick fireplace in the living room. Walk into the dining area where you can eat and enjoy the view through the back sliding glass door. You may also choose to eat-in at the breakfast bar in the kitchen, which has tons of cabinets, an electric range, microwave and dishwasher. The primary bedroom has a roomy bathroom with large stand up shower. There is a back deck overlooking the gorgeous back yard, which features a firepit area and second carport. This one won't disappoint!

Last Agent to Sell the Property

Travis Repman

Coldwell Banker Mountain View License #292843 Listed on: 10/08/2021

Coldwell Banker Mountain View

Last Buyer's Agent

MaryLynne Cloninger

Howard Hanna Allen Tate Gastonia License #185668

Howard Hanna Allen Tate Gastonia

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • Level Lot
  • Many Trees

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Wood Flooring

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 167882

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.01240
  • Ratio Close Price By Original Li: 1.01240
  • Ratio Current Price By Acre: 236448.60
  • Ratio Current Price By Sq Ft: 169.23
  • Year Built: 1991
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Electric Range
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1495
  • Total Sq Ft: 1495

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Carport - 1 Car, Parking Space - 1

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 125x388x40x43x46x359
  • Lot Features: Level, Trees
  • Parcel Number: 167882
  • Zoning Specification: Resident

Tax Info

  • Tax Value: 150870.00
  • Tax Location: Stanley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Nov 12, 2021
Sold by
Michael Latessa James and Michael Emily Kaitlynne
Bought by
Brady Debra G and Brady Christopher S
Seller's Agent
Travis Repman
Coldwell Banker Mountain View
Buyer's Agent
MaryLynne Cloninger
Howard Hanna Allen Tate Gastonia
List Price
$249,900
Sold Price
$253,000
Premium/Discount to List
$3,100
1.24%
Current Estimated Value
$322,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,040
Avg. Annual Appreciation
6.02%
Original Mortgage
$240,350
Outstanding Balance
$220,300
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$101,740

Purchase Details

Listed on
Oct 2, 2018
Closed on
Nov 1, 2018
Sold by
Offerpad Llc
Bought by
Latessa James Michael and Butera Kaitlynne Emily
Seller's Agent
Robert Jones
OfferPad Brokerage LLC
Buyer's Agent
Travis Repman
Coldwell Banker Mountain View
List Price
$164,900
Sold Price
$163,500
Premium/Discount to List
-$1,400
-0.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.72%
Original Mortgage
$165,500
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 27, 2018
Sold by
Norris Jami M and Johnson Jason V
Bought by
Offerpad Llc

Purchase Details

Closed on
Apr 17, 2000
Sold by
Mackey Robert Blair Natalie S
Bought by
Radford Michael Scott and Radford Nicol K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.29%

Purchase Details

Closed on
May 28, 1998
Sold by
Williams Broome Tony E Melissa
Bought by
Lewis George E and Lewis Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
7.11%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brady Debra G $253,000 Stott Hollowell Windham & Stan
Latessa James Michael $163,500 None Available
Offerpad Llc $146,000 Chicago Title
Radford Michael Scott $112,500 --
Lewis George E $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brady Debra G $240,350
Previous Owner Latessa James Michael $165,500
Previous Owner Radford Michael Scott $80,000
Previous Owner Lewis George E $103,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2021 11/12/21 Sold $253,000 +1.2% $169 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $249,900 +52.8% $167 / Sq Ft
11/16/2018 11/16/18 Sold $163,500 -0.8% $103 / Sq Ft View Prior Sale
10/14/2018 10/14/18 Pending -- -- --
10/02/2018 10/02/18 For Sale $164,900 -- $103 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,821 $255,040 $24,540 $230,500
2024 $1,821 $255,040 $24,540 $230,500
2023 $1,773 $255,040 $24,540 $230,500
2022 $1,388 $150,870 $18,910 $131,960
2021 $1,408 $150,870 $18,910 $131,960
2019 $1,408 $150,870 $18,910 $131,960
2018 $1,273 $133,997 $17,339 $116,658
2017 $1,273 $133,997 $17,339 $116,658
2016 $1,273 $133,997 $0 $0
2014 $1,289 $137,135 $27,112 $110,023
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3789183

Canopy MLS (Canopy Realtor® Association)

APN: 167882