Seller's Agent in 2022
Marlene Clevenger
Premier Sotheby’s International Realty
(828) 606-6506
5 in this area
120 Total Sales
229 Rainbow Terrace Black Mountain, NC 28711
Estimated Value: $351,000 - $471,000
3
Beds
2
Baths
1,162
Sq Ft
$353/Sq Ft
Est. Value
Highlights
- A-Frame Home
- Balcony
- Ceiling Fan
- Wooded Lot
- Laundry Room
- Baseboard Heating
About This Home
As of June 2022Hard to find price point, less than two miles to Downtown Black Mountain! Lots of potential in this 3/2 A-Frame on a private 1.27 acres with winter views. Sold as is. Perfect for investors!
Last Agent to Sell the Property
Premier Sotheby’s International Realty License #189166 Listed on: 04/15/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,279
Year Built
- Built in 1985
Lot Details
- Level Lot
- Wooded Lot
- Zoning described as R-10
Parking
- Driveway
Home Design
- A-Frame Home
- Composition Roof
- Wood Siding
Interior Spaces
- Ceiling Fan
- Living Room with Fireplace
- Vinyl Flooring
- Crawl Space
- Laundry Room
Kitchen
- Electric Oven
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Balcony
- Outbuilding
Schools
- Black Mountain Elementary School
- Charles D Owen Middle School
- Charles D Owen High School
Utilities
- Baseboard Heating
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 0710-61-4123-00000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2022
Closed on
May 23, 2022
Sold by
Crissman Capps Richard and Eskew Sandy
Bought by
Rains Jennifer
Seller's Agent
Marlene Clevenger
Premier Sotheby’s International Realty
Buyer's Agent
Hope Burk
Allen Tate/Beverly-Hanks Freestone Properties
List Price
$299,900
Sold Price
$350,223
Premium/Discount to List
$50,323
16.78%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,210
Avg. Annual Appreciation
5.03%
Original Mortgage
$359,750
Outstanding Balance
$341,486
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$68,947
Purchase Details
Closed on
Jun 26, 2019
Sold by
Craig Wendy A
Bought by
Capps Richard Crissman
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 18, 2016
Bought by
Capps Julia
Purchase Details
Closed on
Jul 11, 2000
Sold by
Shelor Richard G and Shelor Florence H
Bought by
Capps Julia A and Brooks Gladys R
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 |
|---|---|---|---|
| Rains Jennifer | $350,500 | None Listed On Document | |
| Capps Richard Crissman | $178,000 | None Available | |
| Capps Julia | $78,500 | -- | |
| Capps Julia A | $99,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rains Jennifer | $359,750 | |
| Previous Owner | Capps Richard Crissman | $133,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/03/2022 06/03/22 | Sold | $350,223 | +16.8% | $301 / Sq Ft |
| 04/15/2022 04/15/22 | For Sale | $299,900 | -- | $258 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
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 |
|---|---|---|---|---|
| 2024 | $2,279 | $271,800 | $142,700 | $129,100 |
| 2023 | $2,279 | $271,800 | $142,700 | $129,100 |
| 2022 | $2,158 | $271,800 | $0 | $0 |
| 2021 | $2,158 | $271,800 | $0 | $0 |
| 2020 | $1,341 | $155,700 | $0 | $0 |
| 2019 | $1,341 | $155,700 | $0 | $0 |
| 2018 | $1,341 | $155,700 | $0 | $0 |
| 2017 | $1,357 | $158,800 | $0 | $0 |
| 2016 | $1,555 | $158,800 | $0 | $0 |
| 2015 | $1,555 | $158,800 | $0 | $0 |
| 2014 | $1,555 | $158,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Marlene Clevenger
-
Hope Burk
Buyer's Agent in 2022
Hope Burk
Allen Tate/Beverly-Hanks Freestone Properties
(704) 996-7864
37 in this area
102 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3826274
APN: 0710-61-4123-00000
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