NOT LISTED FOR SALE

383 Rainbow Rd Advance, NC 27006

Estimated Value: $224,000 - $327,000

3 Beds
2 Baths
1,400 Sq Ft
$188/Sq Ft Est. Value

Last Sold April 30, 2012

Last sale price $105,000 $75 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $1,488/month

168 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 1 Car Attached Garage
  • North Davie Middle School Rated A-
  • Porch
  • Outdoor Storage

About This Home

As of April 2012

REDUCED! Location, location, location!! BELOW TAX VALUE! One level, all brick home situated on 1.06 acres. Huge backyard with storage shed and tree house for the little ones.Living room with wood burning fireplace. Bedrooms are very good size. Wood floors throughout most of home. Must see!

Last Agent to Sell the Property

NormaJean Harrelson

Premier Realty NC License #231014 Listed on: 10/13/2011

Last Buyer's Agent

NormaJean Harrelson

Premier Realty NC License #231014 Listed on: 10/13/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $804

Year Built

  • Built in 1959

Lot Details

  • 1.07 Acre Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Attic Fan
  • Dishwasher
  • Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • North Davie Middle School
  • Davie County High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 051
  • Assessor Parcel Number E600000051
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$804

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.07
  • Directions: I40 W to exit 180A Bermuda Run exit. Right off ramp. Right onto Hwy 158. Right on Rainbow Rd. Home on left. See sign.
  • Above Grade Finished Sq Ft: 1400
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1959
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1400
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Interior Attic Fan, Pantry
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1400
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Exclusions: Wood Stove Insert
  • Construction Type: Brick
  • Other Structures: Storage
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Oil
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Pinebrook
  • High School: Davie County
  • Middle Or Junior School: North Davie

Lot Info

  • Parcel #: E600000051
  • Zoning: res

Tax Info

  • Tax Annual Amount: 803.83
  • Tax Block: 00
  • Tax Lot: 051
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 0.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2011
Closed on
Apr 18, 2012
Sold by
Walker Danny M and Walker Melissa N
Bought by
England Charles M and England Tammy R
Seller's Agent
NormaJean Harrelson
Premier Realty NC
Buyer's Agent
NormaJean Harrelson
Premier Realty NC
List Price
$124,000
Sold Price
$105,000
Premium/Discount to List
-$19,000
-15.32%
Current Estimated Value
$263,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,874
Avg. Annual Appreciation
7.06%
Original Mortgage
$99,750
Outstanding Balance
$13,530
Interest Rate
3.96%
Mortgage Type
Construction
Estimated Equity
$250,344

Purchase Details

Closed on
Oct 1, 2003
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
England Charles M $105,000 None Available
-- $114,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open England Charles M $99,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2012 04/30/12 Sold $105,000 -15.3% $75 / Sq Ft
03/30/2012 03/30/12 Pending -- -- --
10/13/2011 10/13/11 For Sale $124,000 -- $89 / 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 $1,278 $185,530 $36,940 $148,590
2024 $878 $113,570 $24,920 $88,650
2023 $878 $113,570 $24,920 $88,650
2022 $878 $113,570 $24,920 $88,650
2021 $878 $113,570 $24,920 $88,650
2020 $851 $109,430 $24,920 $84,510
2019 $851 $109,430 $24,920 $84,510
2018 $851 $109,430 $24,920 $84,510
2017 $840 $109,430 $0 $0
2016 $817 $106,370 $0 $0
2015 $817 $106,370 $0 $0
2014 $702 $106,370 $0 $0
2013 -- $106,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 625451

Triad MLS

APN: E6-000-00-051