$225,000
SOLD JUL 31, 2023

208 Rainbow Rd Lancing, TN 37770

25.28 Acres
$8,900 Price per Acre
1,101,197 Sq Ft Lot

Recently Sold

$75 Per Sq Ft

26% Below List Price

70 Days on Market

Highlights

  • 25.28 Acre Lot
  • Lot Has A Rolling Slope
  • No Heating
  • Views

About This Lot

As of July 2023

Paradise awaits you on this 25.28 acre lot at the end of a private road opening up to continuous mountain views. Seller's house burned down and they are selling the land. Utilities on site already run. There is a slab on the property to build your dream home. Property comes with a one car garage, 4 stall barn, and chicken coop. Partially fenced in for livestock/animals of your choice. Well on property. As you hike the property on the extreme southwest corner you'll find a waterfall. Fiber optic internet available.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $735

Lot Details

  • 25.28 Acre Lot
  • Property fronts a county road
  • Lot Has A Rolling Slope

Interior Spaces

  • Property has 3 Levels
  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 075 04709 000

Property Details

Property Type

Land

Est. Annual Taxes

$735

Lot Details

0

Listing Details

  • Prop. Type: Farm
  • Habitable Residence: No
  • Unit Levels: Three Or More
  • ResoPropertyType: Farm
  • Attribution Contact: 8652336949
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • Road Frontage Type: County Road
  • Road Surface Type: Other
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No

Lot Info

  • Lot Features: Rolling Slope, Other
  • Lot Size Acres: 25.28
  • Lot Size: 1581x754xIRR
  • Lot Size Units: Acres
  • Parcel #: 075 04709 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 735

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2016
Sold by
Rogers Terrie
Bought by
Rogers Terrie
Current Estimated Value
$260,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2015
Sold by
Woods Harriette Suzanne As
Bought by
Rogers Terrie
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $106,879 New Conventional
Closed $106,866 New Conventional
Closed $106,000 New Conventional
Closed $90,000 New Conventional
Closed $53,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $225,000 -26.2% $75 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $305,000 -43.0% $102 / Sq Ft
05/21/2021 05/21/21 Sold $535,000 -- $119 / Sq Ft
Source: Realtracs

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
2024 $848 $31,175 $7,000 $24,175
2023 $848 $31,175 $7,000 $24,175
2022 $825 $30,325 $7,000 $23,325
2021 $825 $30,325 $7,000 $23,325
2020 $825 $30,325 $7,000 $23,325
2019 $825 $25,225 $6,875 $18,350
2018 $825 $25,225 $6,875 $18,350
2017 $217 $6,875 $6,875 $0
2016 $217 $6,875 $6,875 $0
2015 $213 $6,875 $6,875 $0
2014 $1,495 $48,225 $5,875 $42,350
2013 $1,495 $48,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2875201

Realtracs

APN: 075-047.06