NOT LISTED FOR SALE

857 Rainbow Rd Advance, NC 27006

Estimated Value: $438,000 - $612,000

3 Beds
2.5 Baths
2,200 Sq Ft
$243/Sq Ft Est. Value

Last Sold September 23, 2020

Last sale price $365,000 $166 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,144/month

Highlights

  • Engineered Wood Flooring
  • Solid Surface Countertops
  • Porch
  • North Davie Middle School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of September 2020

Remarkable Modern Farmhouse on nearly two acres in Advance offering privacy and a pond view with No Restrictions! This was the builder's personal home and is packed with upgrades. Enjoy more space and lower taxes without sacrificing convenience just over the county line. Only minutes from the new Davie Medical Center, which is surrounded by grocery and dining options. Three large rooms plus a Bonus Room. Spacious basement offering even more potential. Check out this Master Bath! Garden space out back.

Last Agent to Sell the Property

Austin Realtor W Baity

ERA Live Moore License #284405 Listed on: 08/20/2020

Last Buyer's Agent

Ryan Smith

Regis Realty LLC License #250363

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,980

Year Built

  • Built in 2018

Lot Details

  • 1.93 Acre Lot
  • Cleared Lot
  • Property is zoned RA

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,090 Sq Ft Home
  • 1,800-2,200 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Free-Standing Range
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer Hookup

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number D600000029
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,980

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.93
  • Subdivision Name: None
  • Directions: From Clemmons: I40 towards Davie County, Exit 180A to Highway 801 towards Farmington, Left on Redland Road, Right on Rainbiw Road, House on Right.
  • Above Grade Finished Sq Ft: 2090
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2018
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1800 - 2200
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Engineered, Tile
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Separate Shower, Solid Surface Counter
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2090
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Lighting, Garden
  • Lot Features: Cleared
  • Pool Features: None
  • Exclusions: Arbor In Back Yard
  • Construction Type: Stone, Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Laundry Room - 2nd Level, Washer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: D600000029
  • Zoning: RA
  • TRIADMLS_PricePerAcre: 186476.6839
  • TRIADMLS_DeedPage: 499
  • TRIADMLS_DeedBook: 1052
  • TRIADMLS_AcresRange: 2 - 2

Tax Info

  • Tax Annual Amount: 1980
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Sep 22, 2020
Sold by
Reece Andrew J and Reece Kaitlynne D
Bought by
Haneline Matthew Ryan and Hipp Mary Katherine
Seller's Agent
Austin Realtor W Baity
ERA Live Moore
Buyer's Agent
Ryan Smith
Regis Realty LLC
Sold Price
$365,000
Current Estimated Value
$535,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,328
Avg. Annual Appreciation
8.62%
Original Mortgage
$310,250
Outstanding Balance
$277,195
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$271,102

Purchase Details

Closed on
Jun 1, 2017
Sold by
Smith David E and Smith Amanda F
Bought by
Reece Andrew J and Reece Kaitlynne D

Purchase Details

Closed on
Sep 22, 2014
Sold by
Smith Benjamin Yoman
Bought by
Fields Karen Smith

Purchase Details

Closed on
Sep 15, 2014
Sold by
Fields Karen Smith
Bought by
Smith Benjamin Yoman

Purchase Details

Closed on
Nov 8, 2005
Sold by
Smith George Russell and Smith Mildred L
Bought by
Smith David E and Smith Amanda F

Purchase Details

Closed on
Aug 1, 2001

Purchase Details

Closed on
Jun 1, 1965
Source: Public Records

Range of Values:

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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
Haneline Matthew Ryan $365,000 None Available
Reece Andrew J $27,500 None Available
Fields Karen Smith -- None Available
Smith Benjamin Yoman -- None Available
Smith David E $25,000 None Avelabel
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haneline Matthew Ryan $70,000
Open Haneline Matthew Ryan $310,250
Previous Owner Smith David E $38,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2020 09/23/20 Sold $365,000 -- $203 / Sq Ft
Source: Triad MLS

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
2024 $2,741 $354,640 $33,910 $320,730
2023 $2,741 $354,640 $33,910 $320,730
2022 $2,741 $354,640 $33,910 $320,730
2021 $2,741 $354,640 $33,910 $320,730
2020 $1,980 $254,500 $33,150 $221,350
2019 $1,980 $254,500 $33,150 $221,350
2018 $258 $33,150 $33,150 $0
2017 $255 $33,150 $0 $0
2016 $255 $33,150 $0 $0
2015 $255 $33,150 $0 $0
2014 $219 $33,150 $0 $0
2013 -- $33,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Buyer's Agent in 2020

    Ryan Smith

    Regis Realty LLC

    (336) 416-8127

    50 Total Sales

    Ryan Smith
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Map

Source: Triad MLS

MLS Number: 990403

Triad MLS

APN: D6-000-00-029

North Carolina Davie County Advance 27006

857 Rainbow Rd, Advance, NC

This home is located at 857 Rainbow Rd, Advance, NC 27006 since 20 August 2020 and is currently estimated at $535,328, approximately $243 per square foot. This property was built in 2018. 857 Rainbow Rd is a home located in Davie County with nearby schools including Pinebrook Elementary School, North Davie Middle School, and Davie County High School.

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