NOT LISTED FOR SALE

3117 Rainbow Loop Asheboro, NC 27205

Estimated Value: $226,000 - $297,000

3 Beds
2 Baths
1,800 Sq Ft
$143/Sq Ft Est. Value

Last Sold June 13, 2018

Last sale price $71,100 $40 Per Sq Ft

Est. 263% increase in value since last sale

Current estimated payment $1,434/month

2 Days on Market

About This Home

As of June 2018

Listing agent unable to verify condition of home, ALL information provided has been obtained solely from the tax records and should be verified by buyer/buyer's agent. Listing agent has not visually previewed or inspected home. SOLD AS-IS. Tenant will not allow showings.

Last Agent to Sell the Property

Waynette Araj

Berkshire Hathaway HomeServices Yost & Little Realty License #218878 Listed on: 04/21/2018

Berkshire Hathaway HomeServices Yost & Little Realty

Last Buyer's Agent

Edith Dominguez

Keller Williams Realty License #288008

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $727

Year Built

  • Built in 1960

Lot Details

  • 0.63 Acre Lot
  • Property is zoned RR

Parking

  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,701 Sq Ft Home
  • 1,500-1,800 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7657768400, 7657768300
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$727

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.63
  • Subdivision Name: None
  • Directions: South from Asheboro on 220 BUS. Turn left onto Rainbow Loop Rd.
  • Above Grade Finished Sq Ft: 1701
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1960
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1500 - 1800
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1701
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Cooling: Remarks
  • Heating: See Remarks
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Remarks
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7657768400, 7657768300
  • Zoning: RR
  • TRIADMLS_PricePerAcre: 95079.3651
  • TRIADMLS_DeedPage: 00662
  • TRIADMLS_DeedBook: 13E
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 727
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.7425

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2025
Sold by
Garcia German Olivio and O & G Homes Llc
Bought by
Rodriguez Alejandro Vera and Delopez Maria De
Current Estimated Value
$258,289

Purchase Details

Closed on
Sep 18, 2020
Sold by
Garcia German O and Garcia German Olivo
Bought by
O & G Homes Llc

Purchase Details

Closed on
Nov 30, 2018
Sold by
Garcia German Olivio
Bought by
Rodriguez Alejandro Vera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
4.8%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Listed on
Apr 21, 2018
Closed on
May 15, 2018
Sold by
Shupe Samantha Ritter and Shupe Patrick Wayne
Bought by
Garcia German Olivio
Seller's Agent
Waynette Araj
Berkshire Hathaway HomeServices Yost & Little Realty
Buyer's Agent
Edith Dominguez
Keller Williams Realty
List Price
$59,900
Sold Price
$71,100
Premium/Discount to List
$11,200
18.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.10%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rodriguez Alejandro Vera -- --
Rodriguez Alejandro Vera -- --
O & G Homes Llc -- None Available
Rodriguez Alejandro Vera $69,000 None Available
Garcia German Olivio $71,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Alejandro Vera $69,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2018 06/13/18 Sold $71,100 +18.7% $47 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
04/21/2018 04/21/18 For Sale $59,900 -- $40 / 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
2024 $958 $154,440 $37,140 $117,300
2023 $958 $154,440 $37,140 $117,300
2022 $742 $98,570 $15,140 $83,430
2021 $742 $98,570 $15,140 $83,430
2020 $712 $98,570 $15,140 $83,430
2019 $712 $98,570 $15,140 $83,430
2018 $727 $97,960 $12,170 $85,790
2016 $708 $97,961 $12,170 $85,791
2015 $710 $97,961 $12,170 $85,791
2014 -- $97,961 $12,170 $85,791
Source: Public Records

Agents Affiliated with this Home

  • Waynette Araj

    Seller's Agent in 2018

    Waynette Araj

    Berkshire Hathaway HomeServices Yost & Little Realty

    (336) 953-6526

    49 in this area

    97 Total Sales

    Waynette Araj
    Section Image
  • Edith Dominguez

    Buyer's Agent in 2018

    Edith Dominguez

    Keller Williams Realty

    (336) 587-7392

    140 in this area

    336 Total Sales

    Edith Dominguez
    Section Image
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Map

Source: Triad MLS

MLS Number: 883124

Triad MLS

APN: 7657-76-8400

North Carolina Randolph County Asheboro 27205

3117 Rainbow Loop, Asheboro, NC

This home is located at 3117 Rainbow Loop, Asheboro, NC 27205 since 21 April 2018 and is currently estimated at $258,289, approximately $143 per square foot. This property was built in 1960. 3117 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.

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