NOT LISTED FOR SALE

9524 Rainbow Forest Dr Charlotte, NC 28277

Providence Neighborhood

Estimated Value: $438,000 - $453,000

3 Beds
2 Baths
1,558 Sq Ft
$286/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $219,000 $141 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,655/month

8 Days on Market

Highlights

  • Golf Course Community
  • Contemporary Architecture
  • Attached Garage
  • Jay M Robinson Middle School Rated A-
  • Fireplace
  • Tile Flooring

About This Home

As of June 2018

Contemporary ranch on an elevated lot in the sought after Raintree neighborhood. Great open living area with wood burning fireplace, built in bar, and vaulted ceilings. Large master bedroom with en-suite bathroom, walk in closet, and direct access to the backyard. The home has many desirable features including a covered back porch and a two car garage. Neighborhood is close to great schools, two 18 hole golf courses, and the Arboretum shopping center.

Last Agent to Sell the Property

Chelsea Weavil

Corcoran HM Properties License #283517 Listed on: 04/25/2018

Corcoran HM Properties

Last Buyer's Agent

Steve Baker

DM Properties & Associates License #260406

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 0.45

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Oven

Flooring

  • Tile
  • Vinyl

Community Details

  • Golf Course Community

Listing and Financial Details

  • Assessor Parcel Number 225-271-03

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 0.95238
  • Ratio Close Price By Original Li: 0.95238
  • Ratio Current Price By Acre: 486666.67
  • Ratio Current Price By Sq Ft: 140.56
  • Year Built: 1984
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Electric Range, Microwave, Oven, Refrigerator, Freezer, Electric Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1558
  • Total Sq Ft: 1558
  • Sq Ft Unheated Main: 418
  • Sq Ft Unheated Total: 418

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Golf Course

Schools

  • Elementary School: McAlpine
  • Middle School: J.M. Robinson
  • High School: Providence

Lot Info

  • Lot Dimension: 100x200
  • Lot Size Area: 0.450
  • Parcel Number: 225-271-03
  • Zoning Specification: R3

Tax Info

  • Tax Value: 159400.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2018
Closed on
Jun 12, 2018
Sold by
Donohoe Peter P
Bought by
Derr Erica Arcilesi and Derr Charles
Seller's Agent
Chelsea Weavil
Corcoran HM Properties
Buyer's Agent
Steve Baker
DM Properties & Associates
List Price
$229,950
Sold Price
$219,000
Premium/Discount to List
-$10,950
-4.76%
Current Estimated Value
$443,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,835
Avg. Annual Appreciation
10.28%
Original Mortgage
$2,150,330
Outstanding Balance
$1,879,065
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
-$1,437,678

Purchase Details

Closed on
Aug 12, 2009
Sold by
State Employees Credit Union
Bought by
Donohoe Peter P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,920
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2009
Sold by
Radencovici Sonia Howe
Bought by
State Employees Credit Union

Purchase Details

Closed on
Oct 26, 2004
Sold by
Radencovici Sonia Howe
Bought by
Vargas Chelsea D and Trust 9524 Rainbow Forest Drive Land Tr

Purchase Details

Closed on
Jun 18, 2002
Sold by
Sebai Abdelkrim and Pescara Soraia
Bought by
Radencovici Sonia Howe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 1999
Sold by
Bruhwel Roger A
Bought by
Sebai Abdelkrim and Pescara Soraia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Derr Erica Arcilesi $219,000 None Available
Donohoe Peter P $170,000 None Available
State Employees Credit Union $141,960 None Available
Vargas Chelsea D -- --
Radencovici Sonia Howe $149,000 --
Sebai Abdelkrim $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derr Erica Arcilesi $32,281
Open Derr Erica Arcilesi $214,183
Open Derr Erica Arcilesi $2,150,330
Previous Owner Donohoe Peter P $135,920
Previous Owner Radencovici Sonia Howe $13,800
Previous Owner Radencovici Sonia Howe $141,000
Previous Owner Sebai Abdelkrim $128,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $219,000 -4.8% $141 / Sq Ft
05/03/2018 05/03/18 Pending -- -- --
04/25/2018 04/25/18 For Sale $229,950 0.0% $148 / Sq Ft
01/24/2014 01/24/14 Rented $1,100 -15.1% --
12/25/2013 12/25/13 Under Contract -- -- --
11/12/2013 11/12/13 For Rent $1,295 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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
2023 $2,704 $349,700 $135,000 $214,700
2022 $2,282 $223,500 $85,000 $138,500
2021 $2,271 $223,500 $85,000 $138,500
2020 $2,264 $223,500 $85,000 $138,500
2019 $2,248 $223,500 $85,000 $138,500
2018 $2,165 $159,400 $55,000 $104,400
2017 $2,126 $159,400 $55,000 $104,400
2016 $2,117 $159,400 $55,000 $104,400
2015 $2,105 $159,400 $55,000 $104,400
2014 $2,301 $174,300 $55,000 $119,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Chelsea Weavil

    Corcoran HM Properties

    (805) 223-1562

    1 in this area

    30 Total Sales

    Section Image

  • S

    Buyer's Agent in 2018

    Steve Baker

    DM Properties & Associates

  • Courtenay McDowell

    Seller's Agent in 2014

    Courtenay McDowell

    Dickens Mitchener & Associates Inc

    (704) 342-1000

    9 Total Sales

    Section Image

  • N

    Buyer's Agent in 2014

    Non Member

    NC_CanopyMLS

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3383924

Canopy MLS (Canopy Realtor® Association)

APN: 225-271-03

North Carolina Mecklenburg County Charlotte 28277 Providence

9524 Rainbow Forest Dr, Charlotte, NC

This home is located at 9524 Rainbow Forest Dr, Charlotte, NC 28277 since 25 April 2018 and is currently estimated at $445,746, approximately $286 per square foot. This property was built in 1984. 9524 Rainbow Forest Dr is a home located in Mecklenburg County with nearby schools including McAlpine Elementary School, Jay M Robinson Middle School, and Providence High.

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