NOT LISTED FOR SALE

550 Rainbow Rd Advance, NC 27006

Estimated Value: $773,338

3 Beds
2.5 Baths
3,300 Sq Ft
$234/Sq Ft Est. Value

Sale Details

Date Sold: January 25, 2018

Last sale price $510,000 $155 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,274 / mo

110 Days on Market

Highlights

  • Barn
  • Secluded Lot
  • Wood Flooring
  • Horses Allowed On Property
  • Partially Wooded Lot
  • Attic

About This Home

As of January 2018

Country Splendor! A winding drive, woodsy privacy, bridge & stream lead to a comfortable farm home amidst gorgeous pasture land. This 16.38 acre sanctuary invites horses, gardening, outdoor recreation & a lifestyle of leisure & relaxation. Custom built w/one owner, the l-l/2 story features a main level Master Suite, Office & Mud Room with a back staircase to the Bonus Room. Outstanding renovations over the past 10 years include roof, deck, kitchen, baths,tankless water heater, etc. Dream No More!

Last Agent to Sell the Property

Vicki Fleming

Mays Realty License #72232 Listed on: 08/08/2017

Co-Listed By

Carrie Gibson

Mays Realty License #277688

Last Buyer's Agent

Johnathan Meyers

Berkshire Hathaway HomeServices Carolinas Realty License #262208

Berkshire Hathaway HomeServices Carolinas Realty
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,749

Year Built

  • Built in 1988

Lot Details

  • 16.38 Acre Lot
  • Rural Setting
  • Partially Fenced Property
  • Secluded Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned R20

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,087 Sq Ft Home
  • 2,700-3,300 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Great Room with Fireplace
  • Crawl Space
  • Walk-In Attic

Kitchen

  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • North Davie Middle School
  • Davie County High School

Farming

  • Barn
  • Pasture

Utilities

  • Central Air
  • Heat Pump System
  • Tankless Water Heater
  • Septic Tank
  • Satellite Dish

Additional Features

  • Porch
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 018-01
  • Assessor Parcel Number D60000001801
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,749

Year Built

Built in 1988

Lot Details

16.38 Acres

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 16.38
  • Lot Size: 584+201(front) x 989 x 693(back) x 950
  • Co List Office Mls Id: WMAYSG01
  • Co List Office Phone: 336-448-4149
  • Subdivision Name: None
  • Directions: I-40 West, Take Exit #180-A Bermuda Run, Rt. onto NC Hwy 801-South, Rt. onto US Hwy 158 West, Rt. on Rainbow Rd, Property on Rt. (550 Rainbow Road)
  • Above Grade Finished Sq Ft: 3087
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1988
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2700 - 3300
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • TRIADMLS_AdCopy: Country Paradise - Delight in the privacy of 16.38 rolling acres. A winding drive, wooden bridge & stream lead to this l-l/2 story home amidst gorgeous pastures. Bring your horses, rocking chairs, outdoor sports toys & enjoy a lifestyle of leisure.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Oven, Cooktop, Dishwasher, Tankless Water Heater
  • Flooring: Carpet, Laminate, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Pantry, Solid Surface Counter
  • Other Equipment: Satellite Dish
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Living Area: 3087
  • Main Level Bathrooms: 2
  • Attic Description: Partially Floored, Walk in Attic
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: Partial
  • Lot Features: Horses Allowed, Natural Land, Partially Cleared, Partially Wooded, Pasture, Rolling Slope, Rural, Secluded
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Other Structures: Barn(s)
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Garage Door Opener, Attached, Garage Faces Side
  • Garage Description: Attached Garage, Side Load Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: D60000001801
  • Zoning: R20
  • TRIADMLS_AcresRange: 15 - 17

Tax Info

  • Tax Annual Amount: 2749.29
  • Tax Lot: 018-01
  • Tax Map Number: D6
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.768

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2025
Sold by
Bought by
Current Estimated Value
$773,338

Purchase Details

Closed on
Jun 28, 2019
Sold by
Bought by

Purchase Details

Listed on
Aug 8, 2017
Closed on
Jan 24, 2018
Sold by
Bought by
Seller's Agent
Vicki Fleming
Mays Realty
Buyer's Agent
Johnathan Meyers
Berkshire Hathaway HomeServices Carolinas Realty
List Price
$559,900
Sold Price
$510,000
Premium/Discount to List
-$49,900
-8.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
Original Mortgage
$459,000
Interest Rate
3.99%
Mortgage Type
Unknown
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- --
$510,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $459,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/25/2018 01/25/18 Sold $510,000 -8.9% $189 / Sq Ft
11/27/2017 11/27/17 Pending -- -- --
08/08/2017 08/08/17 For Sale $559,900 -- $207 / Sq Ft
Source: Triad MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,041 $296,330 $0 $0
2024 $1,770 $228,920 $0 $0
2023 $1,770 $228,920 $0 $0
2022 $1,770 $228,920 $0 $0
2021 $1,770 $228,920 $0 $0
2020 $1,596 $204,940 $0 $0
2019 $1,594 $204,940 $0 $0
2018 $1,594 $204,940 $0 $0
2017 $1,574 $204,940 $0 $0
2016 $1,610 $209,680 $0 $0
2015 $1,610 $209,680 $0 $0
2014 $1,384 $209,680 $0 $0
2013 -- $209,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 845305

Triad MLS

APN: D6-000-00-018-01

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