NOT LISTED FOR SALE

3094 Rainbow Ave Pfafftown, NC 27040

Estimated Value: $310,000 - $392,000

3 Beds
2 Baths
1,900 Sq Ft
$185/Sq Ft Est. Value

Last Sold July 18, 2019

Last sale price $154,900 $82 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,014/month

1 Day on Market

Highlights

  • Partially Wooded Lot
  • Wood Flooring
  • Porch
  • Vienna Elementary School Rated A-
  • No HOA
  • 1 Car Attached Garage

About This Home

As of July 2019

Unique 3 bed 2 bath property in Pfafftown on 1.63 acres. Unusual master upstairs with en suite bath. 2 bedrooms and full bath on main. Large great room/dining room with wood stove. Single car garage, fenced garden area, Updated kitchen. Fresh paint, new carpet. This property is eligible under the FreddieMac First Look Initiative for Owner Occupants through 6/9/2019. Agents, see Attachments and Agent Only for Offer Info. Sold as is.

Last Agent to Sell the Property

Courtney Shields

RE/MAX Realty Consultants License #219422 Listed on: 05/21/2019

RE/MAX Realty Consultants

Last Buyer's Agent

Courtney Shields

RE/MAX Realty Consultants License #219422 Listed on: 05/21/2019

RE/MAX Realty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,619

Year Built

  • Built in 1981

Lot Details

  • 1.63 Acre Lot
  • Street terminates at a dead end
  • Fenced
  • Partially Wooded Lot
  • Property is zoned RS30

Parking

  • 1 Car Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1,733 Sq Ft Home
  • 1,500-1,900 Sq Ft Home
  • Property has 1 Level
  • Great Room with Fireplace

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Schools

  • Jefferson Middle School
  • Reagan High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5887375437
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,619

Year Built

Built in 1981

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.63
  • Subdivision Name: None
  • Directions: Yadkinville Rd. West, Right on Kecoughtan. Left on Skylark. Left on Goslen. Right on Rainbow. At the end of the street, last driveway on right.
  • Above Grade Finished Sq Ft: 1733
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1981
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1500 - 1900
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Tile, Vinyl, Wood
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 1733
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Garden
  • Fencing: Fenced
  • Lot Features: Dead End, Partially Wooded
  • Pool Features: None
  • Construction Type: Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Main Level
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Vienna
  • High School: Reagan
  • Middle Or Junior School: Jefferson

Lot Info

  • Parcel #: 5887375437
  • Zoning: RS30
  • TRIADMLS_AcresRange: 1 - 2

Tax Info

  • Tax Annual Amount: 1619
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.975

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
Jul 10, 2019
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Benson James Eric and Benson Kathleen E
Seller's Agent
Courtney Shields
RE/MAX Realty Consultants
Buyer's Agent
Courtney Shields
RE/MAX Realty Consultants
Sold Price
$154,900
Current Estimated Value
$350,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,926
Avg. Annual Appreciation
13.90%
Original Mortgage
$123,920
Outstanding Balance
$108,332
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$242,494

Purchase Details

Closed on
Dec 11, 2018
Sold by
Paddison Christian Lew and Paddison Becky Ann
Bought by
Specialized Loan Servicing Llc and Federal Home Loan Mortgage Corporation

Purchase Details

Listed on
Jul 1, 2014
Closed on
Aug 14, 2014
Sold by
Ireland Donna E
Bought by
Paddison Christian Lew and Paddison Becky A
Buyer's Agent
Lindsay Brandon
Howard Hanna Allen Tate - Winston Salem
List Price
$178,900
Sold Price
$170,000
Premium/Discount to List
-$8,900
-4.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$161,500
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2004
Sold by
Woodall Millicent W
Bought by
Ireland Donna E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,050
Interest Rate
5.77%
Mortgage Type
New Conventional
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
Benson James Eric -- None Available
Specialized Loan Servicing Llc $139,940 None Available
Paddison Christian Lew $170,000 Chicago Title Insurance Co
Ireland Donna E $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benson James Eric $123,920
Previous Owner Paddison Christian Lew $161,500
Previous Owner Ireland Donna E $113,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2021 06/16/21 Off Market $154,900 -- --
07/18/2019 07/18/19 Sold $154,900 -8.9% $103 / Sq Ft
08/14/2014 08/14/14 Sold $170,000 -5.0% $74 / Sq Ft View Prior Sale
07/13/2014 07/13/14 Pending -- -- --
07/01/2014 07/01/14 For Sale $178,900 -- $78 / Sq Ft
Source: Triad 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 $2,086 $369,600 $50,200 $319,400
2024 $2,002 $212,100 $42,900 $169,200
2023 $2,002 $212,100 $42,900 $169,200
2022 $2,002 $212,100 $42,900 $169,200
2021 $2,002 $212,100 $42,900 $169,200
2020 $1,681 $166,000 $28,900 $137,100
2019 $1,698 $166,000 $28,900 $137,100
2018 $1,625 $166,000 $28,900 $137,100
2016 $1,359 $138,269 $28,189 $110,080
2015 $1,359 $138,269 $28,189 $110,080
2014 $992 $102,379 $28,189 $74,190
Source: Public Records

Agents Affiliated with this Home

  • Courtney Shields

    Seller's Agent in 2019

    Courtney Shields

    RE/MAX

    (336) 601-6450

    27 Total Sales

    Courtney Shields
    Section Image
  • Lindsay Brandon

    Buyer's Agent in 2014

    Lindsay Brandon

    Howard Hanna Allen Tate - Winston Salem

    (336) 813-5256

    80 Total Sales

    Lindsay Brandon
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 932755

Triad MLS

APN: 5887-37-5437

North Carolina Forsyth County Pfafftown 27040

3094 Rainbow Ave, Pfafftown, NC

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