NOT LISTED FOR SALE

741 2nd Rainbow St Lexington, NC 27295

Estimated Value: $121,000 - $171,000

3 Beds
2 Baths
1,174 Sq Ft
$122/Sq Ft Est. Value

About This Home

This home is located at 741 2nd Rainbow St, Lexington, NC 27295 and is currently estimated at $142,730, approximately $121 per square foot. 741 2nd 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
Apr 30, 2024
Sold by
Wt Hedrick Properties Llc
Bought by
Highrock Properties Enterprises Llc
Current Estimated Value
$142,730

Purchase Details

Closed on
Jun 21, 2022
Sold by
Hedrick and Wendy
Bought by
Wt Hedrick Properties Llc

Purchase Details

Closed on
Nov 22, 2016
Sold by
Christensen Lisa M
Bought by
Hedrick Thad

Purchase Details

Closed on
Feb 8, 2008
Sold by
Hill Clint E and Hill Darlene L
Bought by
Christensen Michael J and Christensen Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,720
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2007
Sold by
Futrell Joretta P and Futrell Richard Alton
Bought by
Hill Clint E and Hill Darlene L

Purchase Details

Closed on
Oct 1, 1997
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Highrock Properties Enterprises Llc -- None Listed On Document
Wt Hedrick Properties Llc -- Brinkley Walser Stoner Pllc
Hedrick Thad $18,000 None Available
Christensen Michael J $26,000 None Available
Hill Clint E $26,000 Chicago Title Insurance Co
-- $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Christensen Michael J $20,720
Source: Public Records

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 $1,086 $83,500 $0 $0
2024 $1,086 $83,500 $0 $0
2023 $1,094 $83,500 $0 $0
2022 $1,086 $83,500 $0 $0
2021 $354 $27,240 $0 $0
2020 $311 $24,120 $0 $0
2019 $316 $24,120 $0 $0
2018 $316 $24,120 $0 $0
2017 $316 $24,120 $0 $0
2016 $316 $24,120 $0 $0
2015 $304 $24,120 $0 $0
2014 $354 $28,070 $0 $0
Source: Public Records

Map

North Carolina Davidson County Lexington 27295

741 2nd Rainbow St, Lexington, NC

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