NOT LISTED FOR SALE

37 Rainbow Rd Wirtz, VA 24184

Estimated Value: $337,000 - $405,000

3 Beds
2 Baths
1,641 Sq Ft
$224/Sq Ft Est. Value

Last Sold October 20, 2016

Last sale price $194,100 $118 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,115/month

18 Days on Market

Highlights

  • Horses Allowed On Property
  • Deck
  • Cathedral Ceiling
  • Boones Mill Elementary School Rated A-
  • Ranch Style House
  • No HOA

About This Home

As of October 2016

CONSTRUCTION-BRICK-STAMPED CONCRETE-CATHEDRAL. MASTER SUITE, CATHEDRAL FAMILY/KITCHEN/OPEN FLOOR PLAN-NICE ACREAGE SUITABLE FOR HORSES-NOT MANY OUT THERE WITH GOOD ACREAGE AND CREEK

Last Buyer's Agent

Gaye Greene

TOWN & COUNTRY REALTY OF FRANKLIN CO License #0225023471

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 2003

Lot Details

  • 6.69 Acre Lot
  • Level Lot
  • Garden

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,641 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Crawl Space
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Boones Mill Elementary School
  • Ben Franklin Middle School
  • Franklin County High School

Additional Features

  • Handicap Accessible
  • Horses Allowed On Property
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,000

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area, Cathedral Ceiling, Ceiling Fan, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Garden Space
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1641.00
  • ExteriorDoors: Metal, Wood
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 1641
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2016-09-09
  • REOProperties: REO
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1641
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1641.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: PrivSept-permit unav
  • Water Description: Private Well

Association/Amenities

  • Misc Features: Handicap Access, Horses Permitted, Maint-Free Exterior

Schools

  • Elementary School: Boones Mill
  • Middle School: Ben Franklin Middle
  • High School: Franklin County

Lot Info

  • Lot Description: Gentle Slope, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 6.69
  • ZoningCode: A1

Building Info

  • Year Built: 2003

Tax Info

  • Taxes (6 mo): 1000.00
  • FILLTAXID: 0360014700

MLS Schools

  • Elementary School: Boones Mill
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2016
Closed on
Oct 17, 2016
Sold by
The Secretary Of Hud
Bought by
Dick Jack Thomas and Dick Betty Jane
Buyer's Agent
Gaye Greene
TOWN & COUNTRY REALTY OF FRANKLIN CO
List Price
$194,000
Sold Price
$194,100
Premium/Discount to List
$100
0.05%
Current Estimated Value
$368,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,290
Avg. Annual Appreciation
7.84%
Original Mortgage
$187,160
Outstanding Balance
$152,350
Interest Rate
3.44%
Mortgage Type
VA
Estimated Equity
$225,299

Purchase Details

Closed on
Apr 15, 2016
Sold by
Trustee Services Of Virginia Llc
Bought by
Suntrust Bank

Purchase Details

Closed on
Jun 21, 2010
Sold by
Anderson Patricia Sue
Bought by
Logan Tara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,578
Interest Rate
4.98%
Mortgage Type
FHA
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
Dick Jack Thomas $194,100 None Available
Suntrust Bank $174,435 None Available
Logan Tara M $249,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dick Jack Thomas $187,160
Previous Owner Logan Tara M $246,578
Previous Owner Anderson Patricia Sue $129,000
Previous Owner Akers Regina W $14,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2016 10/20/16 Sold $194,100 +0.1% $118 / Sq Ft
09/09/2016 09/09/16 Pending -- -- --
08/22/2016 08/22/16 For Sale $194,000 -- $118 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $1,291 $300,200 $54,800 $245,400
2023 $1,323 $216,900 $47,800 $169,100
2022 $1,323 $216,900 $47,800 $169,100
2021 $1,323 $216,900 $47,800 $169,100
2020 $1,323 $216,900 $47,800 $169,100
2019 $1,097 $179,800 $44,900 $134,900
2018 $1,097 $179,800 $44,900 $134,900
2017 $989 $181,600 $44,400 $137,200
2016 $992 $181,600 $44,400 $137,200
2015 $981 $181,600 $44,400 $137,200
2014 $981 $181,600 $44,400 $137,200
2013 $981 $181,600 $44,400 $137,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 829697

Roanoke Valley Association of REALTORS®

APN: 0360014700