NOT LISTED FOR SALE

240 Rainbow Ln McDonough, GA 30252

Estimated Value: $321,000 - $341,025

4 Beds
3.5 Baths
2,480 Sq Ft
$134/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $315,000 $127 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,009/month

5 Days on Market

Highlights

  • Craftsman Architecture
  • Clubhouse
  • Private Lot
  • Community Lake
  • Deck
  • Wood Flooring

About This Home

As of October 2021

MULTIPLE OFFERS-Seller requests any/all offers in by end of day Saturday and plans to make a decision on Sunday afternoon. Welcome home to this Craftsman style beauty in the charming Charleston’s Walk neighborhood. The community is highly desirable with sidewalks, lake, and is conveniently located close to the downtown McDonough Square. The home has FOUR Bedrooms upstairs with three full baths so no need for your guests to be upstairs in your bedroom area. The main floor is a massive open concept plan with kitchen/living room combo, separate dining room, and a half bath for guests. The kitchen has a large island and breakfast area that looks out into oversized living room with fireplace. The living area opens off to a covered back patio and private backyard. Hardwood floors throughout the main floor. The master suite is HUGE with an oversized bathroom with double vanities and a full walk in closet. The additional bedrooms are spacious and one includes a private bathroom with access only from the bedroom. Priced to sell! Agents see private remarks.

Last Agent to Sell the Property

Joseph Chapman

Chapman Group Realty, Inc. License #346657 Listed on: 09/08/2021

Last Buyer's Agent

Alice Hunter

eXp Realty License #354216

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,151

Year Built

  • Built in 2006

Lot Details

  • Private Lot
  • Level Lot

HOA Fees

  • $30 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 2,480 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub Includes Tile Surround
  • Separate Shower

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Parking Accessed On Kitchen Level
  • Garage Door Opener
  • Guest Parking

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Tussahaw Elementary School
  • Mcdonough Middle School
  • Mcdonough High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • Energy-Efficient Thermostat

Listing and Financial Details

  • Tax Lot 3

Community Details

Overview

  • $75 Initiation Fee
  • Association fees include ground maintenance, water
  • Charlestons Walk Subdivision
  • Community Lake

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,151

Year Built

Built in 2006

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • ArchitecturalStyle: Craftsman, Traditional
  • Main Level Half Bathrooms: 1
  • Financing Type: Cash
  • GreenEnergyEfficient: Thermostat
  • Levels: Two
  • Property Sub-Type: Single Family Residence
  • Total Finished Area2: 2480
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Ice Maker, Oven/Range (Combo), Stainless Steel Appliance(s)
  • Bedrooms: 4
  • Dining Room Features: Separate Room
  • Basement: None
  • Total Finished Sq Ft: 2480
  • Above Grade Finished Sq Ft: 2480
  • Interior Amenities: Tray Ceiling(s), Double Vanity, Separate Shower, Tile Bath, Walk-In Closet(s), Whirlpool Bath
  • Accessibility Features: Accessible Entrance
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace Features: Family Room, Gas Starter, Gas Log
  • Flooring: Carpet, Hardwood, Tile
  • Kitchen Features: Breakfast Area, Breakfast Bar, Kitchen Island, Pantry, Solid Surface Counters
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 127.016

Beds/Baths

  • Upper Level Full Bathrooms: 3

Exterior Features

  • Construction Materials: Concrete
  • Foundation Details: Slab
  • Lot Features: Level, Private
  • Patio And Porch Features: Deck, Patio, Porch
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Garage, Guest, Kitchen Level, Storage
  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Central Air
  • Heating: Electric, Forced Air
  • Utilities: Underground Utilities, Cable Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 360
  • Association: Yes
  • Community Features: Clubhouse, Lake, Sidewalks

Fee Information

  • Initiation Fee: 75
  • Association Fee Includes: Maintenance Grounds, Water

Schools

  • Elementary School: Tussahaw
  • High School: McDonough
  • High School Bus: Yes
  • Middle School: McDonough Middle
  • Middle School Bus: Yes
  • Elementary School: Tussahaw
  • Middle School: McDonough Middle
  • High School: McDonough

Lot Info

  • Lot: 3

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3151.02

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Oct 13, 2021
Sold by
Saw Investments Llc
Bought by
Smith Terrell and Smith Wyvonia
Seller's Agent
Joseph Chapman
Chapman Group Realty, Inc.
Buyer's Agent
Alice Hunter
eXp Realty
List Price
$309,000
Sold Price
$315,000
Premium/Discount to List
$6,000
1.94%
Current Estimated Value
$336,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,037
Avg. Annual Appreciation
1.81%
Original Mortgage
$215,000
Outstanding Balance
$198,175
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$139,150

Purchase Details

Closed on
Apr 16, 2009
Sold by
Preston John B
Bought by
Saw Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2009
Sold by
Gibby Randall C
Bought by
Bank Of North Georgia
Source: Public Records

Range of Values:

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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
Smith Terrell $315,000 --
Saw Investments Llc $133,000 --
Bank Of North Georgia $748,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Terrell $215,000
Closed Smith Terrell $215,000
Previous Owner Saw Investments Llc $153,600
Previous Owner Saw Investments Llc $101,700
Previous Owner Saw Investments Llc $106,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2021 10/13/21 Sold $315,000 +1.9% $127 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $309,000 -- $125 / Sq Ft
Source: Georgia MLS

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 $1,476 $139,320 $24,000 $115,320
2023 $1,396 $147,240 $16,000 $131,240
2022 $1,280 $115,640 $16,000 $99,640
2021 $3,668 $93,720 $16,000 $77,720
2020 $3,247 $82,440 $10,000 $72,440
2019 $3,167 $78,120 $10,000 $68,120
2018 $2,653 $65,320 $10,000 $55,320
2016 $2,585 $62,920 $6,000 $56,920
2015 $2,791 $65,360 $6,000 $59,360
2014 $2,820 $67,280 $6,000 $61,280
Source: Public Records

Agents Affiliated with this Home

  • Joseph Chapman

    Seller's Agent in 2021

    Joseph Chapman

    Chapman Group Realty, Inc.

    (678) 878-0215

    106 in this area

    239 Total Sales

    Section Image

  • A

    Buyer's Agent in 2021

    Alice Hunter

    eXp Realty

    (678) 490-6014

    1 in this area

    22 Total Sales

    Section Image
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Map

Source: Georgia MLS

MLS Number: 9046955

Georgia MLS

APN: 123G-01-003-000

Georgia Henry County Mcdonough 30252

240 Rainbow Ln, Mcdonough, GA

This home is located at 240 Rainbow Ln, McDonough, GA 30252 since 08 September 2021 and is currently estimated at $332,006, approximately $133 per square foot. This property was built in 2006. 240 Rainbow Ln is a home located in Henry County with nearby schools including Tussahaw Elementary School, McDonough Middle School, and New Creation Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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