NOT LISTED FOR SALE

366 Rainbow Dr Arrington, VA 22922

Estimated Value: $339,000 - $425,000

4 Beds
3 Baths
3,600 Sq Ft
$104/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $257,500 $72 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,206/month

83 Days on Market

Highlights

  • Panoramic View
  • Rambler Architecture
  • Main Floor Bedroom
  • Partially Wooded Lot
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of July 2020

Quality built brick home on 5.25 acres in the Colleen area of Nelson County. The home offers a large family room with fireplace just off large eat in kitchen. Second rec room is in the basement. Cozy living room with brick fireplace and hardwood floors. The home sits on an elevated lot surrounded by large oaks. The basement is completely finished with 4th bedroom, bath with jetted bath tub, office, rec room, and storage room with cabinets and a counter top. New roof in 2018, new propane furnace and central air units in 2019.,Birch Cabinets,Solid Surface Counter,Fireplace in Family Room,Fireplace in Living Room

Last Agent to Sell the Property

Curtis Bruguiere

CASTLE HALL REALTY & INVESTMENT License #0225049996[3221] Listed on: 02/25/2020

Last Buyer's Agent

Chastity Morgan

MOUNTAIN AREA NEST REALTY License #0225044902[1497]

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,609

Year Built

  • Built in 1985

Lot Details

  • 5.29 Acre Lot
  • Landscaped
  • Open Lot
  • Partially Wooded Lot

Property Views

  • Panoramic
  • Woods
  • Garden

Home Design

  • Rambler Architecture
  • Block Foundation
  • Architectural Shingle Roof

Interior Spaces

  • Property has 1 Level
  • High Ceiling
  • 2 Fireplaces
  • Brick Fireplace
  • Gas Fireplace
  • Double Hung Windows
  • Family Room
  • Living Room
  • Den
  • Storm Windows
  • Finished Basement

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Outdoor Features

  • Patio
  • Porch

Schools

  • Tye River Elementary School
  • Nelson Middle School
  • Nelson High School

Farming

  • Livestock
  • Poultry Farm

Utilities

  • Central Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Septic Tank

Community Details

  • No Home Owners Association
  • Carter Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,609

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Building Total Sq Ft: 3600.00
  • New Construction: No
  • Story List: Main
  • Year Built: 1985
  • Remarks Public: Quality built brick home on 5.25 acres in the Colleen area of Nelson County. The home offers a large family room with fireplace just off large eat in kitchen. Second rec room is in the basement. Cozy living room with brick fireplace and hardwood floors. The home sits on an elevated lot surrounded by large oaks. The basement is completely finished with 4th bedroom, bath with jetted bath tub, office, rec room, and storage room with cabinets and a counter top. New roof in 2018, new propane furnace and central air units in 2019.,Birch Cabinets,Solid Surface Counter,Fireplace in Family Room,Fireplace in Living Room
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Electric, Refrigerator
  • Flooring Type: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Whirlpool/Hottub, Entry Level Bedroom
  • Window Features: Double Hung, Storm
  • Fireplace Features: Brick, Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: High
  • Foundation Details: Block
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen, Family Room, Office, Additional Bedroom
  • Basement: Yes
  • Basement Type: Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 3600
  • Living Area Sq Ft: 3600
  • Price Per Sq Ft: 155.00
  • Above Grade Finished Sq Ft: 1800
  • Below Grade Finished Sq Ft: 1800
  • Total Below Grade Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 366

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Completed: No
  • Roof: Architectural Shingle
  • View: Trees/Woods, Panoramic, Garden/Lawn
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Owned
  • Heating Type: Central
  • Heating: Yes
  • Sewer/Septic System: Septic Exists
  • Water Source: Public
  • Internet Services: DSL

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: NELSON COUNTY PUBLIC SCHOOLS
  • Elementary School: TYE RIVER
  • Middle School: NELSON
  • High School: NELSON
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121141052214
  • School District Source: Listing Agent
  • Elementary School: TYE RIVER
  • High School: NELSON
  • Middle Or Junior School: NELSON

Lot Info

  • Farm Operation: Livestock, Poultry
  • Lot Features: Landscaping, Open, Partly Wooded
  • Lot Size Acres: 5.29
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Zoning: R-1
  • Zoning Description: Residential

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 17799195
  • Tax Annual Amount: 1609.00
  • Tax Year: 2018
  • Close Date: 07/10/2020

MLS Schools

  • School District Name: NELSON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2020
Closed on
Jun 25, 2020
Sold by
Carter Elizabeth M and Mcclellan Denise
Bought by
Makulowich Adrienne W and Makulowich Robert M
Seller's Agent
Curtis Bruguiere
CASTLE HALL REALTY & INVESTMENT
Buyer's Agent
Chastity Morgan
MOUNTAIN AREA NEST REALTY
List Price
$279,000
Sold Price
$257,500
Premium/Discount to List
-$21,500
-7.71%
Current Estimated Value
$376,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,589
Avg. Annual Appreciation
10.30%
Original Mortgage
$231,750
Outstanding Balance
$207,234
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$218,097
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
Makulowich Adrienne W $257,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Makulowich Adrienne W $231,750
Previous Owner Carter Elizabeth M $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $257,500 -7.7% $72 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $279,000 -- $78 / Sq Ft
Source: Bright 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 $1,868 $287,400 $36,200 $251,200
2024 $1,868 $287,400 $36,200 $251,200
2023 $1,868 $287,400 $36,200 $251,200
2022 $1,868 $287,400 $36,200 $251,200
2021 $1,609 $223,500 $34,200 $189,300
2020 $1,609 $223,500 $34,200 $189,300
2019 $1,609 $223,500 $34,200 $189,300
2018 $1,609 $223,500 $34,200 $189,300
2017 $1,560 $216,600 $34,200 $182,400
2016 $1,560 $216,600 $34,200 $182,400
2015 $1,560 $216,600 $34,200 $182,400
2014 $1,560 $216,600 $34,200 $182,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 600586

Bright MLS

APN: 76-A-67B