503 Rainbow Dr Franklin, KY 42134
Estimated Value: $307,000 - $341,000
3
Beds
3
Baths
1,995
Sq Ft
$163/Sq Ft
Est. Value
About This Home
This home is located at 503 Rainbow Dr, Franklin, KY 42134 and is currently estimated at $325,490, approximately $163 per square foot. 503 Rainbow Dr is a home located in Simpson County with nearby schools including Franklin Elementary School, Simpson Elementary School, and Lincoln Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 17, 2021
Sold by
Powell Shirley B and Thurmond Dianne B
Bought by
Dorton Jared Stephen and Dorton Hannah Elizabeth
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,454
Outstanding Balance
$222,711
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$102,779
Purchase Details
Closed on
Jul 25, 2014
Sold by
Virginia Virginia and Goins Virginia T
Bought by
Powell Shirley B and Thurmond Dianne B
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dorton Jared Stephen | $234,500 | None Available | |
| Powell Shirley B | $163,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dorton Jared Stephen | $245,454 |
Source: Public Records
Tax History Compared to Growth
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 | $2,372 | $268,000 | $0 | $0 |
| 2023 | $2,183 | $234,500 | $0 | $0 |
| 2022 | $2,052 | $234,500 | $0 | $0 |
| 2021 | $1,254 | $185,000 | $0 | $0 |
| 2020 | $1,277 | $185,000 | $0 | $0 |
| 2019 | $1,105 | $163,000 | $0 | $0 |
| 2018 | $1,116 | $163,000 | $0 | $0 |
| 2017 | $1,091 | $163,000 | $0 | $0 |
| 2016 | $1,087 | $163,000 | $0 | $0 |
| 2015 | -- | $163,000 | $0 | $0 |
| 2013 | -- | $149,500 | $0 | $0 |
Source: Public Records
Map
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