NOT LISTED FOR SALE

3145 Rainbow Loop Asheboro, NC 27205

Estimated Value: $188,000 - $248,000

2 Beds
1 Bath
1,300 Sq Ft
$171/Sq Ft Est. Value

Last Sold November 05, 2018

Last sale price $89,500 $69 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $1,244/month

81 Days on Market

Highlights

  • 1.1 Acre Lot
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of November 2018

Home being sold as is where is... 3 bedroom 1 bath brick home sitting on 1.1 acres. Stainless steel appliances and granite countertops in kitchen. Several outside storage buildings and fenced in area for dog lot.

Last Agent to Sell the Property

Don Eddins

Connection Realty, LLC License #265353 Listed on: 08/05/2018

Last Buyer's Agent

Billie Dunning

RE/MAX Central Realty License #148271

RE/MAX Central Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $600

Year Built

  • Built in 1959

Lot Details

  • 1.1 Acre Lot
  • Property is zoned RA-CU

Parking

  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,152 Sq Ft Home
  • 1,000-1,300 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Rainbow Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7657768001
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$600

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.1
  • Subdivision Name: Rainbow Park
  • Directions: Hwy 220 Business turn Left at Pinewood Country Club staying on 220 Business, Left Zoo Parkway, Right Rainbow Loop, home on left
  • Above Grade Finished Sq Ft: 1152
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1959
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1300
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1152
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7657768001
  • Zoning: RA-CU
  • TRIADMLS_PricePerAcre: 81727.2727
  • TRIADMLS_DeedPage: 143
  • TRIADMLS_DeedBook: 2602
  • TRIADMLS_PlatBook: 7-13
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 600
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.7425

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2018
Closed on
Nov 2, 2018
Sold by
Foe Investemnts Llc
Bought by
Willcox Tammy G
Seller's Agent
Don Eddins
Connection Realty, LLC
Buyer's Agent
Billie Dunning
RE/MAX Central Realty
List Price
$89,900
Sold Price
$89,500
Premium/Discount to List
-$400
-0.44%
Current Estimated Value
$222,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,622
Avg. Annual Appreciation
13.91%
Original Mortgage
$87,878
Outstanding Balance
$79,833
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$142,289

Purchase Details

Closed on
Jun 15, 2018
Sold by
Law David A and Miller Amy L
Bought by
Foe Investments Llc

Purchase Details

Closed on
Jun 26, 2014
Sold by
Jem Marketing Llc
Bought by
Law David A and Miller Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,029
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 17, 2013
Closed on
Nov 1, 2013
Sold by
Secretary Of Va
Bought by
Jem Marketing Llc
Buyer's Agent
Emily Smith
The Real Estate Shoppe
List Price
$49,000
Sold Price
$44,000
Premium/Discount to List
-$5,000
-10.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.51%
Original Mortgage
$79,500
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2013
Sold by
Ingram Michael W and Ingram Diane
Bought by
Secretary Of Va and Wells Fargo Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,500
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2001
Bought by
Law David Amiller Amy L
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
Willcox Tammy G $89,500 None Available
Foe Investments Llc $67,000 None Available
Law David A $89,000 None Available
Jem Marketing Llc -- None Available
Secretary Of Va $35,252 None Available
Law David Amiller Amy L $90,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willcox Tammy G $87,878
Previous Owner Law David A $86,029
Previous Owner Jem Marketing Llc $79,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/05/2018 11/05/18 Sold $89,500 -0.4% $90 / Sq Ft
10/26/2018 10/26/18 Pending -- -- --
08/05/2018 08/05/18 For Sale $89,900 +104.3% $90 / Sq Ft
11/15/2013 11/15/13 Sold $44,000 -10.2% $39 / Sq Ft View Prior Sale
10/22/2013 10/22/13 Pending -- -- --
09/17/2013 09/17/13 For Sale $49,000 -- $43 / 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 $948 $152,830 $47,130 $105,700
2023 $948 $152,830 $47,130 $105,700
2022 $687 $91,240 $19,190 $72,050
2021 $687 $91,240 $19,190 $72,050
2020 $659 $91,240 $19,190 $72,050
2019 $659 $91,240 $19,190 $72,050
2018 $600 $80,840 $12,940 $67,900
2016 $584 $80,836 $12,940 $67,896
2015 $586 $80,836 $12,940 $67,896
2014 $579 $80,836 $12,940 $67,896
Source: Public Records

Agents Affiliated with this Home

  • Don Eddins

    Seller's Agent in 2018

    Don Eddins

    Connection Realty, LLC

    (336) 880-0074

    12 in this area

    74 Total Sales

    Don Eddins
    Section Image
  • Billie Dunning

    Buyer's Agent in 2018

    Billie Dunning

    RE/MAX

    (336) 626-5600

    58 in this area

    90 Total Sales

    Billie Dunning
    Section Image

  • V

    Seller Co-Listing Agent in 2013

    Vee Nielsen

    TRIAD HOMES REALTY, INC.

  • Emily Smith

    Buyer's Agent in 2013

    Emily Smith

    The Real Estate Shoppe

    (336) 625-1100

    52 in this area

    144 Total Sales

    Emily Smith
    Section Image
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Map

Source: Triad MLS

MLS Number: 898045

Triad MLS

APN: 7657-76-8001

North Carolina Randolph County Asheboro 27205

3145 Rainbow Loop, Asheboro, NC

This home is located at 3145 Rainbow Loop, Asheboro, NC 27205 since 05 August 2018 and is currently estimated at $222,122, approximately $170 per square foot. This property was built in 1959. 3145 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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