NOT LISTED FOR SALE

3097 Rainbow Ave Pfafftown, NC 27040

Estimated Value: $143,000 - $242,000

3 Beds
2 Baths
1,900 Sq Ft
$97/Sq Ft Est. Value

Last Sold October 06, 2021

Last sale price $102,000 $54 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,069/month

12 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Ceiling Fan
  • Vienna Elementary School Rated A-
  • No HOA
  • 2 Car Garage

About This Home

As of October 2021

Fixer-upper in quiet neighborhood located in highly desirable Pfafftown! This unique brick split level has a mere two steps between the two levels. Hardwood floors can be refinished to their original beauty. Wood-burning fireplace in living room. Basement offers even more space with a two car garage, laundry room, den with second wood-burning fireplace, and additional room that could be used as a bedroom, office, or playroom. Deck on the back of the house overlooks a large backyard. TONS of potential to customize this home to meet your unique needs or for an investor to get an excellent ROI. Cash or 203k loan ONLY! Selling "AS IS." See Agent Only Remarks!

Last Agent to Sell the Property

Amanda Elder

Realty One Group Results License #302445 Listed on: 09/11/2021

Realty One Group Results

Last Buyer's Agent

Amanda Elder

Realty One Group Results License #302445 Listed on: 09/11/2021

Realty One Group Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,215

Year Built

  • Built in 1966

Lot Details

  • 0.62 Acre Lot
  • Sloped Lot
  • Property is zoned RS30

Parking

  • 2 Car Garage
  • Basement Garage
  • Driveway

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,783 Sq Ft Home
  • 1,600-1,900 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Pull Down Stairs to Attic
  • Free-Standing Range
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Fireplace in Basement
  • Laundry in Basement

Schools

  • Lewisville Middle School
  • Reagan High School

Utilities

  • Heating Available
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Belwood Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5887378341000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,215

Year Built

Built in 1966

Lot Details

0.62 Acres

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.62
  • Subdivision Name: Belwood Estates
  • Directions: From Transou Rd. Turn on Skylark Road, turn left onto Goslen Drive. Turn right onto Rainbow Avenue. House is last one on the left.
  • Above Grade Finished Sq Ft: 1783
  • Architectural Style: Split Level
  • Unit Levels: Multi/Split
  • Structure Type: House
  • Year Built: 1966
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1600 - 1900
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Flooring: Laminate, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s)
  • Has Basement: Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Basement, Living Room
  • Fireplaces: 2
  • Living Area: 1783
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Lot Features: Sloped
  • Pool Features: None
  • Construction Type: Brick, Wood Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Paved, Basement
  • Garage Description: Basement Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, In Basement, Washer Hookup
  • Cooling: None
  • Heating: None, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: None

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 5887378341000
  • Zoning: RS30
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1214.55
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.9437

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2022
Sold by
Epocf3a Llc
Bought by
Ef3r1 Llc
Current Estimated Value
$185,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,693,955
Outstanding Balance
$1,458,632
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
-$1,273,505

Purchase Details

Listed on
Sep 11, 2021
Closed on
Oct 5, 2021
Sold by
Oleary Marjorie A
Bought by
Epocf3a Llc
Seller's Agent
Amanda Elder
Realty One Group Results
Buyer's Agent
Amanda Elder
Realty One Group Results
Sold Price
$102,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.37%

Purchase Details

Closed on
Sep 18, 2007
Sold by
Robinson Cheryl and Robinson Vannell
Bought by
Oleary Marjorie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,500
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Ef3r1 Llc -- None Listed On Document
Epocf3a Llc $102,000 None Available
Epocf3a Llc $102,000 None Listed On Document
Oleary Marjorie A $70,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ef3r1 Llc $2,693,955
Previous Owner Oleary Marjorie A $70,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2021 10/06/21 Sold $102,000 -- $64 / Sq Ft
Source: Triad MLS

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 $1,266 $125,200 $37,800 $87,400
2024 $1,215 $128,700 $25,200 $103,500
2023 $1,215 $128,700 $25,200 $103,500
2022 $1,215 $128,700 $25,200 $103,500
2021 $1,215 $128,700 $25,200 $103,500
2020 $1,098 $108,400 $18,000 $90,400
2019 $1,109 $108,400 $18,000 $90,400
2018 $1,061 $108,400 $18,000 $90,400
2016 $903 $91,931 $18,900 $73,031
2015 $903 $91,931 $18,900 $73,031
2014 $890 $91,931 $18,900 $73,031
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1042041

Triad MLS

APN: 5887-37-8341

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