NOT LISTED FOR SALE

212 Rainbow Terrace Black Mountain, NC 28711

Estimated Value: $424,000 - $464,000

3 Beds
2.5 Baths
1,610 Sq Ft
$276/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $425,000 $264 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,744/month

1 Day on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • 1 Car Attached Garage
  • Deck
  • Covered Patio or Porch
  • Walk-In Closet

About This Home

As of July 2024

Welcome to your dream retreat in the picturesque town of Black Mountain! This stunning low maintenance townhome less than 3 minutes from downtown, offers serene mountain living and convenient access to local amenities.

Upon entering this cozy home, you'll appreciate the 10 foot ceilings and modern finishes throughout! The airy main level, graced with beautiful hardwood floors flow toward the covered deck which protects you from the elements and allows to you breathe in that mountain air! Upon returning from your Western NC adventures enjoy the convenience of a private garage to shelter you on those hot or rainy days!

Enjoy a wide variety of local shops, restaurants, and entertainment options. For nature enthusiasts, Black Mountain offers scenic trails, hiking, biking, and outdoor recreational opportunities in the stunning Blue Ridge Mountains. Ideal as a permanent residence, vacation getaway, or short-term investment, the possibilities are endless! Schedule your showing today!

Last Agent to Sell the Property

Trent Hall

Level Agents LLC Brokerage Email: trent@levelagents.com License #285048 Listed on: 06/24/2024

Last Buyer's Agent

Sunday Grant

GreyBeard Realty License #290391

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2016

Lot Details

  • Cleared Lot

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • 2 Open Parking Spaces

Home Design

  • Hardboard

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Ceiling Fan
  • Insulated Windows
  • French Doors
  • Crawl Space
  • Washer and Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Black Mountain Elementary School
  • Charles D Owen Middle School
  • Charles D Owen High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Cottonwood Townhomes HOA
  • Cottonwood Condos
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 0710-60-4674-00000

Townhouse Details

Home Type

Townhome

Year Built

Built in 2016

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2016
  • Restrictions: Other - See Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Special Assessment Description: none
  • Proposed Special Assessment Desc: none
  • Second Living Quarters: None
  • Road Surface Type: Concrete, Gravel
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 263.98
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: trent@levelagents.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Entry Level: 1
  • Fireplace: No
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Cable Prewire, Open Floorplan, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 647
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 963
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave, Washer/Dryer
  • Above Grade Finished Sq Ft: 1610
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Living Area: 1610
  • Window Features: Insulated Window(s)
  • Bedroom Main: 0
  • Room Count: 10
  • Sq Ft Other: 0
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Features: None
  • Waterfront Elevation: 2500
  • Construction Type: Hardboard Siding
  • Patio And Porch Features: Covered, Deck, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 300
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Attached Garage, Garage Faces Front
  • Assigned Spaces: 0

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Upper Level, Washer Hookup
  • Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump
  • Utilities: Cable Available, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 150
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Cottonwood
  • Senior Community: No
  • Association Name: Cottonwood Townhomes HOA
  • ResoAssociationFeeFrequency: Monthly
  • Association Email: help@csmhoa.com

Association/Amenities

  • Association Annual Expense: 1800.00

Schools

  • Middle Or Junior School: Charles D Owen
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cleared
  • Lot Size Area: 0.03
  • Lot Size Units: Acres
  • Parcel Number: 0710-60-4674-00000
  • Plat Reference Section Pages: 0178-0092
  • Land Included Yn: 1
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: UR-8

Green Features

  • Green Verification Count: 1

Rental Info

  • Pets Allowed: Yes

MLS Schools

  • Elementary School: Black Mountain
  • High School: Charles D Owen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
Jul 16, 2024
Sold by
Walcoff Edward and Walcoff Margaret
Bought by
Yaniero William Clement and Yaniero Amy H
Seller's Agent
Trent Hall
Level Agents LLC
Buyer's Agent
Sunday Grant
GreyBeard Realty
List Price
$425,000
Sold Price
$425,000
Views
10
Current Estimated Value
$444,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,509
Avg. Annual Appreciation
4.24%
Original Mortgage
$225,000
Outstanding Balance
$222,692
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$221,817

Purchase Details

Listed on
Apr 2, 2020
Closed on
Jan 4, 2021
Sold by
Clements Kenneth Scott
Bought by
Walcoff Edward and Walcoff Margaret
Seller's Agent
Sandra McCall
Southern Life Realty
Buyer's Agent
Trent Hall
Level Agents LLC
List Price
$274,000
Sold Price
$274,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.12%
Original Mortgage
$260,300
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 31, 2018
Closed on
Apr 1, 2019
Sold by
Black Mountain Building And Dev Llc
Bought by
Clements Bryan K
Seller's Agent
John Patson
Dwell Realty Group
Buyer's Agent
Sandra McCall
Southern Life Realty
List Price
$259,900
Sold Price
$259,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.12%
Original Mortgage
$255,192
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 8, 2005
Sold by
Biggs Ray Anthony and Biggs Katherine
Bought by
Black Mountain Bldg & Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,625
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Yaniero William Clement $425,000 None Listed On Document
Walcoff Edward $274,000 None Available
Clements Bryan K $260,000 None Available
Black Mountain Bldg & Development Llc $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yaniero William Clement $225,000
Previous Owner Walcoff Edward $260,300
Previous Owner Clements Bryan K $255,566
Previous Owner Clements Bryan K $255,192
Previous Owner Black Mountain Bldg & Development Llc $65,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2024 07/29/24 Sold $425,000 0.0% $264 / Sq Ft
06/24/2024 06/24/24 For Sale $425,000 +55.1% $264 / Sq Ft
01/08/2021 01/08/21 Sold $274,000 0.0% $170 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
06/26/2020 06/26/20 Price Changed $274,000 0.0% $170 / Sq Ft
06/26/2020 06/26/20 For Sale $274,000 +2.2% $170 / Sq Ft
06/10/2020 06/10/20 For Sale $268,000 -2.2% $166 / Sq Ft
05/30/2020 05/30/20 Off Market $274,000 -- --
05/02/2020 05/02/20 Price Changed $268,000 -1.5% $166 / Sq Ft
04/02/2020 04/02/20 For Sale $272,000 +4.7% $169 / Sq Ft
04/23/2019 04/23/19 Sold $259,900 0.0% $161 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
05/31/2018 05/31/18 For Sale $259,900 -- $161 / 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
2024 -- $257,200 -- $257,200
2023 $2,106 $257,200 $0 $257,200
2022 $2,042 $257,200 $0 $257,200
2021 $2,042 $257,200 $0 $0
2020 $1,787 $207,400 $0 $0
2019 $1,787 $207,400 $0 $0
2018 $1,787 $207,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4150517

Canopy MLS (Canopy Realtor® Association)

APN: 0710-60-4674-00000