NOT LISTED FOR SALE

447 Rainbow Rd Advance, NC 27006

Estimated Value: $198,000

3 Beds
3 Baths
2,500 Sq Ft
$79/Sq Ft Est. Value

Last Sold June 13, 2019

Last sale price $300,000 $120 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $1,105/month

4 Days on Market

Highlights

  • No HOA
  • Detached Carport Space
  • 4 Car Garage
  • North Davie Middle School Rated A-

About This Home

As of June 2019

Beautiful 3 Bed/3 Bath home located in Davie County! Right under 5 acres. Sits back off the road, lots of privacy! New flooring, new granite counter tops in kitchen with porcelain sink. HUGE master bath. 2 door side load garage with a 2 car carport. Spacey bottom garage/workshop. Finished basement with full bath. A breath taking covered / screened in back porch with awesome view of the land. This house is a must see!

Last Agent to Sell the Property

Terri Bias

Terri Bias and Associates License #165216 Listed on: 04/25/2019

Last Buyer's Agent

Beverly Fisher

Terri Bias and Associates License #252538

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,645

Year Built

  • Built in 2001

Lot Details

  • 4.89 Acre Lot
  • Rural Setting
  • Property is zoned R20

Parking

  • 4 Car Garage
  • Detached Carport Space
  • Side Facing Garage
  • Driveway

Home Design

  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,300 Sq Ft Home
  • 2,000-2,500 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Heat Pump System
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number D60000001803
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,645

Year Built

Built in 2001

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 4.894
  • Subdivision Name: None
  • Directions: Follow I-40 W and US-158 W to Rainbow Rd in Farmington, Take exit 180A to merge onto NC-801 S toward Bermuda Run, Turn right onto US-158 W, Turn right onto Rainbow Rd, house on your left
  • Above Grade Finished Sq Ft: 2300
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 2001
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 400 - 600
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2000 - 2500
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 500
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2300
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsLower: 1

Exterior Features

  • Fencing: None
  • Lot Features: Rural
  • Pool Features: None
  • Construction Type: Aluminum Siding, Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Carport, Driveway, Garage, Detached Carport, Garage Faces Side
  • Garage Description: Detached Carport, Side Load Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Heating: Heat Pump, Propane
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: D60000001803
  • Zoning: R20
  • TRIADMLS_PricePerAcre: 59235.7989
  • TRIADMLS_DeedPage: 267
  • TRIADMLS_DeedBook: 137
  • TRIADMLS_AcresRange: 4 - 5

Tax Info

  • Tax Annual Amount: 1645.47
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 0.738

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 1987
Current Estimated Value
$198,000
Source: Public Records

Range of Values:

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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
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Off Market $300,000 -- --
06/13/2019 06/13/19 Sold $300,000 -- $150 / 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 $307 $39,760 $39,760 $0
2023 $307 $39,760 $39,760 $0
2022 $307 $39,760 $39,760 $0
2021 $307 $39,760 $39,760 $0
2020 $309 $39,760 $39,760 $0
2019 $309 $39,760 $39,760 $0
2018 $309 $39,760 $39,760 $0
2017 $305 $39,760 $0 $0
2016 $305 $39,760 $0 $0
2015 $305 $39,760 $0 $0
2014 $262 $39,760 $0 $0
2013 -- $39,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 929780

Triad MLS

APN: D6-000-00-018-03