NOT LISTED FOR SALE

482 Rainbow Rd Advance, NC 27006

Estimated Value: $531,000 - $778,000

3 Beds
4 Baths
4,300 Sq Ft
$148/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $540,000 $126 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,735/month

32 Days on Market

Highlights

  • Barn
  • Horses Allowed On Property
  • Wood Flooring
  • North Davie Middle School Rated A-
  • Partially Wooded Lot
  • Solid Surface Countertops

About This Home

As of July 2017

PICTURESQUE Country Estate in Rural Davie County offers a fenced pasture, stream, stocked fishing pond & multiple bay storage facility (2 w/garage doors). The beautifully designed custom home features a TWO STORY GREAT ROOM W/OPEN STAIRCASE & A MAIN LEVEL MASTER SUITE, LAUNDRY & TWO CAR GARAGE. Awesome LOWER LEVEL RETREAT includes a family room, 2nd kitchen, office, half bath & 3rd car garage w/private drive. Amazing sunrises & sunsets may be captured at 482 Rainbow Rd.-Your Little Slice of Heaven!

Last Agent to Sell the Property

Vicki Fleming

Mays Realty License #72232 Listed on: 03/09/2017

Last Buyer's Agent

Clare Fader

Fader Real Estate at ERA Live Moore License #255648

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,001

Year Built

  • Built in 2000

Lot Details

  • 11.1 Acre Lot
  • Fenced
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned R-20

Parking

  • 3 Car Attached Garage
  • Basement Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 4,010 Sq Ft Home
  • 3,600-4,300 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Great Room with Fireplace
  • Dryer Hookup
  • Finished Basement

Kitchen

  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower

Outdoor Features

  • Outdoor Gas Grill
  • Porch

Schools

  • Davie County High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number E60000006006 &P/O E60000006001
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,001

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 11.096
  • Subdivision Name: None
  • Directions: I-40W to Exit 180A, Right onto Hwy 801S, Right onto 158W Right onto Rainbow Rd., Home on Right
  • Above Grade Finished Sq Ft: 4010
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 2000
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 1000 - 1300
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3600 - 4300
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Microwave, Oven, Cooktop, Dishwasher, Exhaust Fan, Electric Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Great Room, Built-in Features, Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Separate Shower, Solid Surface Counter, Vaulted Ceiling(s)
  • Other Equipment: Satellite Dish
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Living Area: 4010
  • Main Level Bathrooms: 2
  • TRIADMLS_HalfBathsLower: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Gas Grill
  • Fencing: Fenced
  • Lot Features: Horses Allowed, Cleared, Partially Wooded, Pasture, Rolling Slope
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Other Structures: Barn(s)
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage, Driveway, Garage Door Opener, Attached, Basement
  • Garage Description: Attached Garage, Basement Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Davie County

Lot Info

  • Parcel #: E60000006006 &P/O E60000006001
  • Zoning: R-20
  • TRIADMLS_PlatPage: 366
  • TRIADMLS_PlatBook: 12
  • TRIADMLS_AcresRange: 10 - 12

Tax Info

  • Tax Annual Amount: 3001
  • Tax Map Number: E-6
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 0.732

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2017
Closed on
Jun 29, 2017
Sold by
Tutterow Frances W
Bought by
Craven Laura Beaty and Craven James Arthur
Seller's Agent
Vicki Fleming
Mays Realty
Buyer's Agent
Clare Fader
Fader Real Estate at ERA Live Moore
List Price
$580,000
Sold Price
$540,000
Premium/Discount to List
-$40,000
-6.9%
Current Estimated Value
$635,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,333
Avg. Annual Appreciation
1.99%
Original Mortgage
$54,000
Outstanding Balance
$44,853
Interest Rate
3.88%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$590,480
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
Craven Laura Beaty $540,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Craven Laura Beaty $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2017 07/28/17 Sold $540,000 -6.9% $150 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $580,000 -- $161 / 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 $4,918 $714,130 $161,890 $552,240
2024 $4,252 $550,120 $123,480 $426,640
2023 $4,252 $550,120 $123,480 $426,640
2022 $4,252 $550,120 $123,480 $426,640
2021 $4,201 $543,470 $123,480 $419,990
2020 $3,432 $441,090 $120,730 $320,360
2019 $3,432 $441,090 $120,730 $320,360
2018 $3,432 $441,090 $120,730 $320,360
2017 $2,548 $441,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2017

    Vicki Fleming

    Mays Realty

    (336) 940-7050

    104 Total Sales

    Vicki Fleming
    Section Image
  • Clare Fader

    Buyer's Agent in 2017

    Clare Fader

    Fader Real Estate at ERA Live Moore

    (336) 575-7262

    287 Total Sales

    Clare Fader
    Section Image
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Map

Source: Triad MLS

MLS Number: 825868

Triad MLS

APN: E6-000-00-060-08

North Carolina Davie County Advance 27006

482 Rainbow Rd, Advance, NC

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