722 1st Rainbow St Lexington, NC 27295
Estimated Value: $94,283 - $176,000
            
                2
                Beds
            
            
            
                1
                Bath
            
            
            
                1,770
                Sq Ft
            
            
                
                    $80/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 722 1st Rainbow St, Lexington, NC 27295 and is currently estimated at $141,321, approximately $79 per square foot. 722 1st Rainbow St is a home located in Davidson County with nearby schools including South Lexington School, Lexington Middle School, and Lexington Senior High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Mar 23, 2006
            
        
                Sold by
            
            
                Savage Timothy Lee and Savage Robin Stone
            
        
                Bought by
            
            
                Savage Properties Llc
            
        
                            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
            
            
                $130,000
            
        
                Outstanding Balance
            
            
                $73,557
            
        
                Interest Rate
            
            
                6.19%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        
                Estimated Equity
            
            
                $67,764
            
        Purchase Details
                Closed on
            
            
                Nov 2, 1999
            
        
                Sold by
            
            
                Futrell Joretta P
            
        
                Bought by
            
            
                Savage Timothy L
            
        Purchase Details
                Closed on
            
            
                Oct 1, 1997
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Savage Properties Llc | -- | None Available | |
| Savage Timothy L | $21,500 | -- | |
| -- | $22,500 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Savage Properties Llc | $130,000 | 
                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 | 
|---|---|---|---|---|
| 2025 | -- | $33,490 | $0 | $0 | 
| 2024 | -- | $33,490 | $0 | $0 | 
| 2023 | $3 | $33,490 | $0 | $0 | 
| 2022 | $435 | $33,490 | $0 | $0 | 
| 2021 | $435 | $33,490 | $0 | $0 | 
| 2020 | $362 | $28,040 | $0 | $0 | 
| 2019 | $367 | $28,040 | $0 | $0 | 
| 2018 | $367 | $28,040 | $0 | $0 | 
| 2017 | $367 | $28,040 | $0 | $0 | 
| 2016 | $367 | $28,040 | $0 | $0 | 
| 2015 | $353 | $28,040 | $0 | $0 | 
| 2014 | $376 | $29,820 | $0 | $0 | 
                Source: Public Records
                    
            
        Map
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