20408 Rainbow Cir Cornelius, NC 28031
Estimated Value: $532,000 - $849,000
3
Beds
2
Baths
1,693
Sq Ft
$392/Sq Ft
Est. Value
About This Home
This home is located at 20408 Rainbow Cir, Cornelius, NC 28031 and is currently estimated at $662,964, approximately $391 per square foot. 20408 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
Jul 11, 2005
Sold by
Adkins James M and Adkins Judith L
Bought by
Landay Tip and Proschuk Amanda
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$31,017
Interest Rate
5.51%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$631,947
Purchase Details
Closed on
Nov 17, 1997
Sold by
Byron Thomas John and Wilson Cathy
Bought by
Adkins James M and Adkins Judith L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Landay Tip | $198,000 | -- | |
| Adkins James M | $127,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Landay Tip | $60,000 | |
| Previous Owner | Adkins James M | $90,000 |
Source: Public Records
Tax History Compared to Growth
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 | $2,867 | $429,400 | $200,000 | $229,400 |
| 2024 | $2,867 | $429,400 | $200,000 | $229,400 |
| 2023 | $2,819 | $429,400 | $200,000 | $229,400 |
| 2022 | $2,244 | $259,700 | $100,000 | $159,700 |
| 2021 | $2,179 | $259,700 | $100,000 | $159,700 |
| 2020 | $2,218 | $259,700 | $100,000 | $159,700 |
| 2019 | $2,212 | $259,700 | $100,000 | $159,700 |
| 2018 | $2,004 | $183,300 | $60,000 | $123,300 |
| 2017 | $1,987 | $183,300 | $60,000 | $123,300 |
| 2016 | $1,983 | $183,300 | $60,000 | $123,300 |
| 2015 | $1,952 | $183,300 | $60,000 | $123,300 |
| 2014 | $1,950 | $0 | $0 | $0 |
Source: Public Records
Map
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