NOT LISTED FOR SALE

3129 Rainbow Loop Asheboro, NC 27205

Estimated Value: $233,902 - $263,000

2 Beds
2 Baths
1,500 Sq Ft
$167/Sq Ft Est. Value

Last Sold June 12, 2017

Last sale price $127,000 $85 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,386/month

6 Days on Market

Highlights

  • Outdoor Pool
  • Central Air
  • Floor Furnace
  • No HOA

About This Home

As of June 2017

This home features a nice open floor plan. The kitchen and bathrooms are beautifully updated. A spacious bonus room and tons of storage area in the basement. This home is setup with an automation system that can control specific lights and blinds through an app on your phone.

Last Agent to Sell the Property

Brandi Crumley

Hillcrest Realty Group License #295379 Listed on: 04/05/2017

Last Buyer's Agent

Kelly Cassell

Howard Hanna Allen Tate-Asheboro License #190285

Howard Hanna Allen Tate-Asheboro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $625

Year Built

  • Built in 1960

Lot Details

  • 0.29 Acre Lot
  • Property is zoned Randolph County

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,370 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Dining Room with Fireplace
  • Unfinished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Outdoor Pool

Schools

  • Southeastern Randolph Middle School
  • Southwestern Randolph High School

Utilities

  • Central Air
  • Floor Furnace
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Rainbow Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7657768202
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$625

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Subdivision Name: Rainbow Park
  • Directions: 1-73/220 S. toward Rockingham, Exit 68, turn left onto NC HWY 134, turn right onto US HWY 220 S, turn left onto Rainbow Loop, property on right.
  • Above Grade Finished Sq Ft: 1370
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1960
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_BuiltInformation: Estimated
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Dining Room
  • Fireplaces: 1
  • Living Area: 1370
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Pool Features: Above Ground
  • Construction Type: Brick, Vinyl Siding
  • TRIADMLS_PoolYN: Yes

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Floor Furnace, Propane
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Southmont
  • High School: Southwestern Randolph
  • Middle Or Junior School: Southeastern Randolph

Lot Info

  • Parcel #: 7657768202
  • Zoning: Randolph County
  • TRIADMLS_PricePerAcre: 454827.5862
  • TRIADMLS_DeedPage: 03029
  • TRIADMLS_DeedBook: 001921
  • TRIADMLS_PlatBook: 7-13
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 625
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 0.7225

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2017
Closed on
Jun 12, 2017
Sold by
Shue Daniel and Shue Angela
Bought by
Brooks Larry J and Brooks Tenneil G
Seller's Agent
Brandi Crumley
Hillcrest Realty Group
Buyer's Agent
Kelly Cassell
Howard Hanna Allen Tate-Asheboro
List Price
$131,900
Sold Price
$127,000
Premium/Discount to List
-$4,900
-3.71%
Current Estimated Value
$250,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,476
Avg. Annual Appreciation
8.44%
Original Mortgage
$128,282
Outstanding Balance
$106,733
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$143,743

Purchase Details

Closed on
May 20, 2005
Sold by
Pocock Lowell and Pocock Debra
Bought by
Shue Daniel and Shue Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,200
Interest Rate
7.04%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 8, 2004
Sold by
Stevens Forrest Craig and Stevens Trina A
Bought by
Pocock Lowell and Pocock Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
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
Brooks Larry J $127,000 None Available
Shue Daniel $86,500 --
Pocock Lowell $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Larry J $128,282
Previous Owner Shue Daniel $69,200
Previous Owner Pocock Lowell $59,000
Closed Shue Daniel $17,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2017 06/12/17 Sold $127,000 -3.7% $106 / Sq Ft
04/12/2017 04/12/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $131,900 -- $110 / 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 $859 $138,500 $29,500 $109,000
2023 $859 $138,500 $29,500 $109,000
2022 $674 $89,480 $12,000 $77,480
2021 $674 $89,480 $12,000 $77,480
2020 $647 $89,480 $12,000 $77,480
2019 $647 $89,480 $12,000 $77,480
2018 $598 $80,530 $9,500 $71,030
2016 $625 $86,518 $9,850 $76,668
2015 $627 $86,518 $9,850 $76,668
2014 $619 $86,518 $9,850 $76,668
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Brandi Crumley

    Hillcrest Realty Group

    4 Total Sales

    Brandi Crumley
    Section Image
  • Kelly Cassell

    Buyer's Agent in 2017

    Kelly Cassell

    Howard Hanna Allen Tate-Asheboro

    (336) 953-5382

    65 in this area

    163 Total Sales

    Kelly Cassell
    Section Image
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Map

Source: Triad MLS

MLS Number: 829982

Triad MLS

APN: 7657-76-8202

North Carolina Randolph County Asheboro 27205

3129 Rainbow Loop, Asheboro, NC

This home is located at 3129 Rainbow Loop, Asheboro, NC 27205 since 05 April 2017 and is currently estimated at $250,476, approximately $166 per square foot. This property was built in 1960. 3129 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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