NOT LISTED FOR SALE

759 2nd Rainbow St Lexington, NC 27295

Lexington Area

Estimated Value: $114,586 - $140,000

2 Beds
1 Bath
732 Sq Ft
$172/Sq Ft Est. Value

Sale Details

Date Sold: March 14, 2012

Last sale price $7,000 $10 Per Sq Ft

Est. 1,695% increase in value since last sale

Current estimated payment $741 / mo

567 Days on Market

Highlights

  • No HOA
  • Porch
  • Forced Air Heating System
  • Cottage
  • Shed
  • Level Lot

About This Home

As of March 2012

No hot water heater

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1912

Lot Details

  • Lot Dimensions are 65x107x40x110
  • Level Lot
  • Property is zoned TN

Parking

  • No Garage

Home Design

  • Cottage
  • Masonite

Interior Spaces

  • 732 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed
  • Porch

Location

  • City Lot

Schools

  • Lexington City Middle School
  • Lexington City High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Erlanger Mills Subdivision

Listing and Financial Details

  • Legal Lot and Block 0027 / 001
  • Assessor Parcel Number 1100700010027000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Year Built

Built in 1912

Lot Details

7,013 Sq Ft Lot

Listing Details

  • Property Sub Type: Single
  • Prop. Type: Residential
  • Lot Size: 65x107x40x110
  • Subdivision Name: Erlanger Mills
  • Directions: From W-S Hwy 52 south, to Hwy 8 south (Winston Road), Right on 2nd Rainbow
  • Above Grade Finished Sq Ft: 732
  • Architectural Style: Cottage
  • Unit Levels: One
  • Year Built: 1912
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 732
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 732
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Porch, Storage Building(s)
  • Fencing: None
  • Lot Features: City Lot, Level
  • Construction Type: Masonite
  • Foundation Details: Crawl Space

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Public
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Lexington City
  • High School: Lexington City
  • Middle Or Junior School: Lexington City

Lot Info

  • Parcel #: 1100700010027000
  • Zoning: TN

Tax Info

  • Tax Annual Amount: 287.55
  • Tax Block: 001
  • Tax Lot: 0027
  • Tax Map Number: 007
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 1.15

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

Listed on
Aug 6, 2010
Closed on
Mar 13, 2012
Sold by
Bought by
List Price
$23,570
Sold Price
$7,000
Premium/Discount to List
-$16,570
-70.3%
Current Estimated Value
$125,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,647
Avg. Annual Appreciation
22.26%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
$7,000 None Available
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
Open $100,000
Closed $30,000
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
03/14/2012 03/14/12 Sold $7,000 -70.3% $10 / Sq Ft
02/25/2012 02/25/12 Pending -- -- --
08/06/2010 08/06/10 For Sale $23,570 -- $32 / 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 $671 $51,600 $0 $0
2024 $671 $51,600 $0 $0
2023 $702 $51,600 $0 $0
2022 $702 $51,600 $0 $0
2021 $671 $51,600 $0 $0
2020 $624 $48,360 $0 $0
2019 $634 $48,360 $0 $0
2018 $634 $48,360 $0 $0
2017 $634 $48,360 $0 $0
2016 $280 $21,410 $0 $0
2015 $270 $21,410 $0 $0
2014 $297 $23,570 $0 $0
Source: Public Records

Map

Source: Triad MLS

MLS Number: 588449

Triad MLS

APN: 11-007-0-001-0027-0-0-0

North Carolina Davidson County Lexington 27295

759 2nd Rainbow St, Lexington, NC

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