NOT LISTED FOR SALE

3174 Rainbow Ave Pfafftown, NC 27040

Estimated Value: $268,000 - $363,000

3 Beds
1.5 Baths
1,850 Sq Ft
$164/Sq Ft Est. Value

Last Sold January 17, 2014

Last sale price $62,000 $34 Per Sq Ft

Est. 389% increase in value since last sale

Current estimated payment $1,721/month

136 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Fireplace in Basement
  • Vienna Elementary School Rated A-
  • Porch
  • Kitchen Island

About This Home

As of January 2014

Brick home with full partially finished basement. Screen porch, large backyard. Quiet community. New interior paint, new kitchen appliances, beautiful wood floors. Sold AS IS. This is a Fannie Mae HomePath property and can be purchased for as little as 5% down! This property is approved for HomePath Mortgage Financing and HomePath Renovation Mortgage Financing. Seller has directed all offers be made on the HomePath website. See attachments.

Last Agent to Sell the Property

Jerri Banner

Banner Team Properties Brokered by EXP Realty License #187266 Listed on: 08/12/2013

Banner Team Properties Brokered by EXP Realty

Last Buyer's Agent

Becky Anderson

Edison Realty and Investments License #109573

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,138

Year Built

  • Built in 1961

Lot Details

  • 0.63 Acre Lot
  • Property is zoned RS30

Parking

  • 2 Car Garage
  • Basement Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,850 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Finished Basement
  • Fireplace in Basement
  • Washer and Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Belwood Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 002 / 4652
  • Assessor Parcel Number 5887472764
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,138

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.63
  • Subdivision Name: Belwood Estates
  • Directions: Reynolda Rd to left onto Yadkinville Rd. Turn right onto Kecoughtan Rd. Turn left onto Skylark Rd. Turn left onto Goslen Dr. Take the 1st right onto Rainbow Ave.
  • Above Grade Finished Sq Ft: 1850
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1961
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 600
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1850
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Kitchen Island
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Basement
  • Fireplaces: 1
  • Living Area: 1850
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Basement
  • Garage Description: Basement Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 5887472764
  • Zoning: RS30

Tax Info

  • Tax Annual Amount: 1138.06
  • Tax Block: 4652
  • Tax Lot: 002
  • Tax Map Number: 582874
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 0.911

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2013
Closed on
Dec 31, 2013
Sold by
Fannie Mae
Bought by
Hill Claude H and Hill Cheri A
Seller's Agent
Jerri Banner
Banner Team Properties Brokered by EXP Realty
Buyer's Agent
Becky Anderson
Edison Realty and Investments
List Price
$83,900
Sold Price
$62,000
Premium/Discount to List
-$21,900
-26.1%
Current Estimated Value
$303,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,468
Avg. Annual Appreciation
14.10%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hill Claude H -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2014 01/17/14 Sold $62,000 -26.1% $34 / Sq Ft
12/27/2013 12/27/13 Pending -- -- --
08/12/2013 08/12/13 For Sale $83,900 -- $45 / 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 $1,741 $341,500 $42,000 $299,500
2024 $1,670 $177,000 $28,000 $149,000
2023 $1,670 $177,000 $28,000 $149,000
2022 $1,670 $177,000 $28,000 $149,000
2021 $1,670 $177,000 $28,000 $149,000
2020 $1,429 $141,100 $20,000 $121,100
2019 $1,443 $141,100 $20,000 $121,100
2018 $1,382 $141,100 $20,000 $121,100
2016 $1,170 $118,958 $21,000 $97,958
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 681870

Triad MLS

APN: 5887-47-2764