NOT LISTED FOR SALE

540 Rainbow Dr Sumter, SC 29154

Estimated Value: $173,769 - $214,000

3 Beds
2 Baths
1,561 Sq Ft
$122/Sq Ft Est. Value

Last Sold January 29, 2013

Last sale price $49,500 $32 Per Sq Ft

Est. 286% increase in value since last sale

Current estimated payment $1,139/month

214 Days on Market

Highlights

  • Ranch Style House
  • Storm Windows
  • Heat Pump System
  • No HOA
  • Cooling Available

About This Home

As of January 2013

540 Rainbow Drive- 3 bedrooms, 2 bath brick home located near Sumter High School. This single family home is being sold as is, where is.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $786

Year Built

  • Built in 1987

Lot Details

  • 8,276 Sq Ft Lot

Home Design

  • 1,561 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Millwood Elementary School
  • Bates Middle School
  • Sumter High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1831203005

Home Details

Home Type

Single Family

Est. Annual Taxes

$786

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Attribution Contact: 8037743000
  • Directions: Wedgefield Rd, make left onto Pitts road, make a right into subdivision, make a right onto Rainbow. Home is on the left.
  • Prop. Type: Residential
  • Year Built: 1987
  • Property Sub Type: Residential
  • Lot Size Acres: 0.19
  • Ownership: Deeded
  • Subdivision Name: Unknown
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: None
  • Interior Amenities: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1561
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: None
  • Roof: Shingle
  • Pool Features: None
  • Construction Type: Brick
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: None-Carport

Utilities

  • Heating: Heat Pump
  • Utilities: Cable Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Town
  • Association: No

Schools

  • Elementary School: Millwood
  • High School: Sumter
  • Middle Or Junior School: Bates

Lot Info

  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Map Number: 1831203005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2013
Sold by
Fulton John
Bought by
Ledwell Douglass Edward
Total Days on Market
214
Current Estimated Value
$191,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2012
Closed on
Jan 22, 2013
Sold by
Beal Bank Ssb
Bought by
Fulton John
List Price
$84,900
Sold Price
$49,500
Premium/Discount to List
-$35,400
-41.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.56%

Purchase Details

Closed on
Nov 21, 2011
Sold by
Scott Andrew F
Bought by
Beal Bank S S B
Source: Public Records

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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
Ledwell Douglass Edward $75,000 --
Fulton John $49,500 --
Beal Bank S S B $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Fulton John W $71,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2013 01/29/13 Sold $49,500 -41.7% $32 / Sq Ft
12/30/2012 12/30/12 Pending -- -- --
05/30/2012 05/30/12 For Sale $84,900 -- $54 / Sq Ft
Source: Sumter Board 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 $786 $4,460 $600 $3,860
2023 $786 $4,430 $600 $3,830
2022 $781 $4,430 $600 $3,830
2021 $734 $4,430 $600 $3,830
2020 $734 $3,930 $600 $3,330
2019 $717 $3,930 $600 $3,330
2018 $676 $3,930 $600 $3,330
2017 $666 $3,930 $600 $3,330
2016 $704 $3,930 $600 $3,330
2015 $697 $3,870 $600 $3,270
2014 $697 $3,870 $600 $3,270
2013 -- $4,030 $720 $3,310
Source: Public Records

Map

Source: Sumter Board of REALTORS®

MLS Number: 112040

Sumter Board of REALTORS®

APN: 183-12-03-005