3075 Rainbow Loop Asheboro, NC 27205
Estimated Value: $62,814
Studio
--
Bath
1,800
Sq Ft
$35/Sq Ft
Est. Value
About This Home
This home is located at 3075 Rainbow Loop, Asheboro, NC 27205 and is currently estimated at $62,814, approximately $34 per square foot. 3075 Rainbow Loop is a home located in Randolph County with nearby schools including Southmont Elementary School, Southwestern Randolph Middle School, and Southwestern Randolph High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 30, 2025
Sold by
Mcwherter Holdings Inc
Bought by
Norford Group Llc
Current Estimated Value
Purchase Details
Closed on
Aug 30, 2023
Sold by
Daniel Brooks General Contractor Llc
Bought by
Mcwherter Holdings Inc
Purchase Details
Closed on
Jan 9, 2019
Sold by
Elkin Chris A and Elkin Laura N
Bought by
Daniel Brooks General Contractor Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 17, 1994
Bought by
Elkin Chris Allen
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Norford Group Llc | $80,000 | None Listed On Document | |
| Mcwherter Holdings Inc | -- | None Listed On Document | |
| Daniel Brooks General Contractor Llc | $45,000 | None Available | |
| Elkin Chris Allen | $27,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Daniel Brooks General Contractor Llc | $40,000 |
Source: Public Records
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 |
|---|---|---|---|---|
| 2025 | $325 | $51,690 | $18,250 | $33,440 |
| 2024 | $325 | $51,690 | $18,250 | $33,440 |
| 2023 | $325 | $51,690 | $18,250 | $33,440 |
| 2022 | $304 | $39,780 | $18,250 | $21,530 |
| 2021 | $304 | $39,780 | $18,250 | $21,530 |
| 2020 | $292 | $39,780 | $18,250 | $21,530 |
| 2019 | $243 | $32,870 | $18,250 | $14,620 |
| 2018 | $322 | $42,960 | $18,250 | $24,710 |
| 2016 | $314 | $42,960 | $18,250 | $24,710 |
| 2015 | $315 | $42,960 | $18,250 | $24,710 |
| 2014 | -- | $42,960 | $18,250 | $24,710 |
Source: Public Records
Map
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