NOT LISTED FOR SALE

245 Rainbow Acres Ln Radiant, VA 22732

Estimated Value: $226,000 - $398,000

4 Beds
1 Bath
1,922 Sq Ft
$168/Sq Ft Est. Value

Last Sold September 13, 2013

Last sale price $185,000 $96 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,830/month

Highlights

  • Barn
  • Shed
  • Wood Siding
  • Farmhouse Style Home
  • Dining Area

About This Home

As of September 2013

Farmhouse with outbldgs,fence,barn.Additional 2.859 ac. This is a Fannie Mae HomePath property.Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage financing.Any realty transfer taxes due are the sole responsibility of Purchaser. Madison Co. Health Dept. has no records for well and septic.

Last Agent to Sell the Property

Norma Gibbs

(540) 229-9026 njgreal@aol.com Long & Foster Real Estate, Inc. License #0225136110 Listed on: 02/28/2013

Long & Foster Real Estate, Inc.

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,753

Year Built

  • 1928

Lot Details

  • 17.63 Acre Lot
  • Property is zoned A1

Parking

  • Off-Street Parking

Home Design

  • Farmhouse Style Home
  • Wood Siding

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Additional Features

  • Dining Area
  • Shed
  • Barn
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 58- - - -36

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,753

Year Built

1928

Lot Details

0

Listing Details

  • Property Type: Farm
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1928

Interior Features

  • Interior Amenities: Dining Area
  • Entry Location: Living Room
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures List: Shed, Barn
  • Construction Materials: Wood Siding
  • Pool: No Pool

Garage/Parking

  • Type Of Parking: Off Street

Utilities

  • Hot Water: Electric

Lot Info

  • Improvement Assessed Value: 91100.00
  • Land Assessed Value: 239600.00
  • Lot Size Acres: 17.63
  • Lot Size Area: 767789
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 767789.00
  • Remarks Farm: Farmhouse with outbldgs,fence,barn.Additional 2.859 ac. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage financing.Any realty transfer taxes due are the so
  • Year Assessed: 2008
  • Zoning: A1

Tax Info

  • Assessor Parcel Number: 16273918
  • Tax Annual Amount: 1752.71
  • Assessor Parcel Number: 58- - - -36
  • Tax Lot: 36
  • Tax Total Finished Sq Ft: 1922

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2025
Sold by
Woodward Timothy R and Woodward Diana T
Bought by
Thornton Living Trust and Thornton
Current Estimated Value
$323,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$249,352
Interest Rate
6.76%
Mortgage Type
Construction
Estimated Equity
$74,088

Purchase Details

Closed on
Apr 8, 2025
Sold by
Dalfonzo Devlyn B and Moeller Erich F
Bought by
Woodward Timothy R and Woodward Diana T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2013
Closed on
Aug 30, 2013
Sold by
Federal National Mortgage Association
Bought by
D'Alfonzo Devlyn B and Moeller Erich F
Seller's Agent
Norma Gibbs
Long & Foster Real Estate, Inc.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$192,000
Sold Price
$185,000
Premium/Discount to List
-$7,000
-3.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
Original Mortgage
$269,503
Interest Rate
4.43%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 8, 2013
Sold by
Professional Foreclosure Corporation Of
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 13, 2007
Sold by
Dodson Judith A
Bought by
Dodson Judith A and Dodson Bessie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,800
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2006
Sold by
Dodson Judith A and Dodson Judith Annette
Bought by
Dodson Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,500
Interest Rate
6.27%
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
Thornton Living Trust $250,000 Chicago Title
Woodward Timothy R $465,000 Chicago Title
D'Alfonzo Devlyn B $185,000 Title Alliance Of Richmond
Federal National Mortgage Association $151,862 None Available
Dodson Judith A $138,800 None Available
Dodson Judith A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thornton Living Trust $250,000
Previous Owner Woodward Timothy R $250,000
Previous Owner D'Alfonzo Devlyn B $269,503
Previous Owner Dodson Judith A $138,800
Previous Owner Dodson Judith A $126,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2013 09/13/13 Sold $185,000 -3.6% $96 / Sq Ft
06/17/2013 06/17/13 Pending -- -- --
06/07/2013 06/07/13 Price Changed $192,000 0.0% $100 / Sq Ft
06/07/2013 06/07/13 For Sale $192,000 +1.6% $100 / Sq Ft
04/18/2013 04/18/13 Pending -- -- --
04/12/2013 04/12/13 Price Changed $189,000 0.0% $98 / Sq Ft
04/12/2013 04/12/13 For Sale $189,000 -5.0% $98 / Sq Ft
04/01/2013 04/01/13 Pending -- -- --
03/01/2013 03/01/13 For Sale $199,000 +7.6% $104 / Sq Ft
02/28/2013 02/28/13 Off Market $185,000 -- --
02/28/2013 02/28/13 For Sale $199,000 -- $104 / Sq Ft
Source: Bright 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
2025 $1,382 $422,300 $228,300 $194,000
2024 $1,245 $274,300 $173,400 $100,900
2023 $1,245 $274,300 $173,400 $100,900
2022 $2,030 $274,300 $173,400 $100,900
2021 $2,030 $274,300 $173,400 $100,900
2020 $1,948 $274,300 $173,400 $100,900
2019 $1,837 $274,300 $173,400 $100,900
2018 $1,837 $270,200 $196,700 $73,500
2017 -- $270,200 $196,700 $73,500
2016 -- $270,200 $196,700 $73,500
2015 -- $270,200 $196,700 $73,500
2014 -- $270,200 $196,700 $73,500
Source: Public Records

Agents Affiliated with this Home

  • Norma Gibbs

    Seller's Agent in 2013

    Norma Gibbs

    Long & Foster

    (540) 229-9026

    47 Total Sales

    Norma Gibbs
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Map

Source: Bright MLS

MLS Number: 1003369744

Bright MLS

APN: 58-36

Virginia Madison County 22732

245 Rainbow Acres Ln, VA

This home is located at 245 Rainbow Acres Ln, Radiant, VA 22732 since 28 February 2013 and is currently estimated at $323,440, approximately $168 per square foot. This property was built in 1928. 245 Rainbow Acres Ln is a home located in Madison County with nearby schools including Madison Primary School, Waverly Yowell Elementary School, and William H. Wetsel Middle School.

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