308 Rainbow Dr Carrboro, NC 27510
3
Beds
2
Baths
1,873
Sq Ft
0.47
Acres
Highlights
- Deck
- Wood Flooring
- Home Office
- C and L Mcdougle Elementary School Rated A
- No HOA
- Breakfast Room
About This Home
As of June 2025Cool Carrboro- wonderful location! Walk to school, trails and town and easy drive to Chapel Hill, Hillsborough, Durham and the Burlington areas. Enduring brick ranch on a gorgeous almost half acre lot. This well-maintained beauty has plenty of living and dining space with hardwood floors throughout. The spacious eat-in kitchen has stainless appliances, a breakfast bar and leads out to a fenced, peaceful, colorful flower garden. Family room with fireplace and built-ins that connects to a large, private trellis deck perfect for quiet time or entertaining. Rocking chair front porch and lots of yard with open space, rain garden and trees to enjoy. Encapsulated crawlspace and wired for Google Fiber. Gas lines in place for outdoor grill or to convert fireplace. Exterior trim is the same color formula as the Carolina Inn. Move-in or modernize - they don't build them like this anymore!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,115
Year Built
- Built in 1972
Lot Details
- 0.47 Acre Lot
- Gated Home
- Wrought Iron Fence
- Partially Fenced Property
- Landscaped with Trees
- Garden
- Back Yard
Home Design
- Brick Veneer
- Brick Foundation
- Combination Foundation
- Block Foundation
- Shingle Roof
- Lead Paint Disclosure
Interior Spaces
- 1,873 Sq Ft Home
- 1-Story Property
- Wired For Data
- Built-In Features
- Entrance Foyer
- Family Room with Fireplace
- Living Room
- Breakfast Room
- Dining Room
- Home Office
- Pull Down Stairs to Attic
Kitchen
- Eat-In Kitchen
- Gas Range
- Microwave
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- 3 Parking Spaces
- 3 Open Parking Spaces
Outdoor Features
- Deck
- Outdoor Storage
- Front Porch
Schools
- Mcdougle Elementary And Middle School
- Chapel Hill High School
Utilities
- Central Air
- Heat Pump System
- Natural Gas Connected
- Tankless Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Lloyd Subdivision
Listing and Financial Details
- Assessor Parcel Number 9779115221
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 16, 2025
Closed on
Jun 17, 2025
Sold by
Johnson Tyler and Mcdonald Laurie
Bought by
Cowen Peter and Morales Roberta
Seller's Agent
Mary Shell
Ride Realty, LLC
Buyer's Agent
Dona Aguayo
Keller Williams Elite Realty
List Price
$648,000
Sold Price
$640,000
Premium/Discount to List
-$8,000
-1.23%
Views
39
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.87%
Original Mortgage
$576,000
Outstanding Balance
$576,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$53,573
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $640,000 | None Listed On Document | |
| Warranty Deed | $640,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $576,000 | New Conventional | |
| Closed | $576,000 | New Conventional | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $198,800 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2025 06/23/25 | Sold | $640,000 | -1.2% | $342 / Sq Ft |
| 05/24/2025 05/24/25 | Pending | -- | -- | -- |
| 05/16/2025 05/16/25 | For Sale | $648,000 | 0.0% | $346 / Sq Ft |
| 05/11/2025 05/11/25 | Pending | -- | -- | -- |
| 05/09/2025 05/09/25 | For Sale | $648,000 | -- | $346 / Sq Ft |
Source: Doorify MLS
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 | $6,115 | $352,900 | $170,000 | $182,900 |
| 2023 | $6,011 | $352,900 | $170,000 | $182,900 |
| 2022 | $5,944 | $352,900 | $170,000 | $182,900 |
| 2021 | $5,900 | $352,900 | $170,000 | $182,900 |
| 2020 | $5,221 | $298,900 | $130,000 | $168,900 |
| 2018 | $5,176 | $301,800 | $130,000 | $171,800 |
| 2017 | $4,784 | $301,800 | $130,000 | $171,800 |
| 2016 | $4,784 | $279,100 | $87,800 | $191,300 |
| 2015 | $4,734 | $276,106 | $87,768 | $188,338 |
| 2014 | $4,694 | $276,106 | $87,768 | $188,338 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Mary Shell
Ride Realty, LLC
(828) 781-0033
87 Total Sales
-
Buyer's Agent in 2025
Dona Aguayo
Keller Williams Elite Realty
(919) 641-5819
50 Total Sales
-
Buyer Co-Listing Agent in 2025
Nicolle Mercer
Keller Williams Elite Realty
(919) 632-5671
104 Total Sales
Map
Source: Doorify MLS
MLS Number: 10095454
APN: 9779115221
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