NOT LISTED FOR SALE

76 Rainbow Ridge Rd Swannanoa, NC 28778

Estimated Value: $415,000 - $484,000

3 Beds
2.5 Baths
1,274 Sq Ft
$356/Sq Ft Est. Value

Last Sold August 09, 2022

Last sale price $405,000 $318 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,536/month

29 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Wood Flooring
  • Deck
  • Wooded Lot
  • Wrap Around Porch

About This Home

As of August 2022

Don’t miss seeing this adorable cottage.The creatively designed container conversion is blended with traditional construction making a modern style. It has been managed as a vacation rental and is well suited to be a primary residence. As you enter through the glass french doors you'll find a half bath and the laundry area. On the left is the main bedroom with a spacious walk in closet and full bathroom. To the right is the kitchen that has all stainless appliances, granite countertops and a featured wood wall. The living area has high ceilings and plenty of natural light. At the top of the stairs you will find two more bedrooms and another full shared bathroom. The home has a wrap around deck overlooking the spacious side and back yard. Trees provide shade and privacy. Conveniently located 15 minutes from Black Mountain or downtown Asheville. Professional measurements will be done on 7/12.

Last Agent to Sell the Property

Rhonda Turpin

GreyBeard Realty License #320563 Listed on: 07/11/2022

Last Buyer's Agent

Katie Wangrin

Preferred Properties License #284524

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020

Lot Details

  • Paved or Partially Paved Lot
  • Wooded Lot

Parking

  • Driveway

Home Design

  • Contemporary Architecture

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Pocket Doors
  • Carbon Monoxide Detectors

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Deck
  • Wrap Around Porch

Schools

  • Wd Williams Elementary School
  • Charles D Owen Middle School
  • Charles D Owen High School

Utilities

  • Vented Exhaust Fan
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 9679-87-4155-00000

Home Details

Home Type

Single Family

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 2020
  • Ratio Current Price By Acre: 1094594.59
  • Restrictions: No Representation,Short Term Rental Allowed
  • Doors and Windows: Pocket Doors
  • Road Surface Type: Dirt, Gravel
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 317.90
  • Special Features: NewHome

Interior Features

  • Foundation Details: Pier & Beam
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Open Floorplan, Walk-In Closet(s)
  • Fixture Exception Yn: 1
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 756
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 518
  • Porch: Deck,Porch-Wrap Around
  • Fixture Exception Description: Keyless entry lock
  • Appliances: Ceiling Fan(s), CO Detector, Dishwasher, Dryer, Electric Oven, Electric Range, Exhaust Fan, Exhaust Hood, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1274
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Fiber Cement

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway, Parking Space - 3

Utilities

  • Heating: Ductless
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Well

Schools

  • Middle Or Junior School: Charles D Owen
  • HOA Subject To: None

Lot Info

  • Lot Features: Paved, Wooded, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 9679-87-4155-00000
  • Plat Book Slide: 0149/0024
  • Zoning Description: R-1

Tax Info

  • RATIO List Price By Tax Amount: 1.28527

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: WD Williams
  • High School: Charles D Owen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Oct 3, 2022
Sold by
Rethore Christopher P and Rethore Tess K
Bought by
Tm Rainbow Ridge Llc
Seller's Agent
Rhonda Turpin
GreyBeard Realty
Buyer's Agent
Katie Wangrin
Preferred Properties
List Price
$369,000
Sold Price
$405,000
Premium/Discount to List
$36,000
9.76%
Current Estimated Value
$453,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,345
Avg. Annual Appreciation
3.31%

Purchase Details

Listed on
Jul 11, 2022
Closed on
Aug 2, 2022
Sold by
Aic Rainbow Ridge Llc
Bought by
Rethore Christopher P and Rethore Tess K
Seller's Agent
Rhonda Turpin
GreyBeard Realty
Buyer's Agent
Katie Wangrin
Preferred Properties
List Price
$369,000
Sold Price
$405,000
Premium/Discount to List
$36,000
9.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2020
Sold by
Rhohouse Llc
Bought by
Aic Rainbow Ridge Llc

Purchase Details

Closed on
Aug 26, 2020
Sold by
Eller Jennifer Ritchie and Eller Christopher S
Bought by
Rhohouse Llc

Purchase Details

Closed on
May 7, 2020
Sold by
Eller Jennifer Ritchie and Eller Christopher S
Bought by
Rhohouse Llc

Purchase Details

Closed on
Feb 12, 2020
Sold by
Brownell Kenneth W and Brownell Sharon Eller
Bought by
Eller Jennifer Ritchie

Purchase Details

Closed on
Oct 26, 2010
Sold by
Rent Wnc Llc
Bought by
Brownell Kenneth W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Tm Rainbow Ridge Llc -- --
Rethore Christopher P $405,000 Goosmann Rose Colvard & Cramer
Rethore Christopher P $405,000 None Listed On Document
Aic Rainbow Ridge Llc $288,000 Accommodation
Rhohouse Llc -- None Available
Rhohouse Llc $50,000 None Available
Eller Jennifer Ritchie $44,000 None Available
Brownell Kenneth W $214,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rethore Christopher P $303,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2022 08/09/22 Sold $405,000 +9.8% $318 / Sq Ft
07/11/2022 07/11/22 For Sale $369,000 -- $290 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,151 $319,800 $47,300 $272,500
2024 $2,151 $319,800 $47,300 $272,500
2023 $2,151 $319,800 $47,300 $272,500
2022 $1,803 $287,100 $0 $0
2021 $1,803 $287,100 $0 $0
2020 $316 $47,300 $0 $0
2019 $316 $47,300 $0 $0
2018 $316 $47,300 $0 $0
2017 $316 $32,700 $0 $0
2016 $240 $32,700 $0 $0
2015 $240 $32,700 $0 $0
2014 $240 $32,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3880804

Canopy MLS (Canopy Realtor® Association)

APN: 9679-87-4155-00000