14 days on rocket

Sale Pending

862 Rainbow Rd, Advance, NC, 27006

$599,999

Home List Price

$7,125*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1.8K - 2.2K SqFt
$278 - $342/SqFt
House
Schools Nearby

Location

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862 Rainbow Rd, Advance$599,999

Buyer Closing Credits

$7,125*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage, Attached
Attached Garage2 spaces
Year Built2019
HeatingHeat Pump, Electric
CoolingHeat Pump
FireplaceGas Log, Great Room
MLS #1141470
Lot Size6.50 Acres
StatusSale Pending
(Pending)

About 862 Rainbow Rd

Enjoy Country Living at it's finest on this mini horse farm in Davie County. Beautiful one level home with 2nd story bonus room above the garage. Spacious kitchen with granite countertops and SS appliances that stay with the home. Master bedroom with barndoor, large laundry/mudroom and huge closets throughout. The barn is located close to the home with 3 stalls, water and electricity. Relax on the covered patio and enjoy the peaceful country view. Please read agent only remarks.

Property Details

Property Features

Property Information:

  • Architectural Style: Transitional
  • Year Built: 2019

Listing Office:

  • Office Name: Weichert REALTORS Triad Associates
  • Office Phone: (336) 759-0060
  • Listing Agent: Mary Ramey

Interior Features

Interior Information:

  • Appliances: Microwave, Electric Water Heater
  • Flooring Type: Carpet, Laminate
  • Interior: Built-in Features, Ceiling Fan(s), Dead Bolt(s)
  • Fireplace: Gas Log, Great Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Garden

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage, Attached

Lot Features

Lot Information:

  • Lot Size: 6.50 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Electric
  • Cooling: Heat Pump

School Info

Assigned Schools Information:

  • Davie County High School, Public District Grades 9-12
  • Davie County Early College High School, Public District Grades 9-12
  • North Davie Middle School, Public District Grades 6-8
  • Pinebrook Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: I-40 West to exit 180B for Bermuda Run/Hwy 801 South; Right on 158; Right on Rainbow Rd. Home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,999
  • Price Per SqFt: $278 - $342/SqFt

Tax Information:

  • Annual Amount: $1,895
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Advance, NC.

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Advance, NC

City

Med. Sold Price

$385.7K

Med. Price/SqFt

$167

Avg. Days On Market

48

# of Sold Homes

12

862 Rainbow Rd vs Advance

14 DAYS ON ROCKET

-34 Days

$599,999

+$214.2K More

$278 - $342/SqFt

+$278.1K More

KEY TAKEAWAY

This property is $214.2K more than the Median Sold Price and $278.1K/SqFt more than other homes in Advance, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triad MLS
  • MLS Number: #1141470

Listing Office:

  • Office Name: Weichert REALTORS Triad Associates
  • Office Phone: (336) 759-0060
  • Listing Agent: Mary Ramey

IDX Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/18/2024, 10:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 27, 2018Home Sold
$62,000
Jun 22, 2017Home Sold
$42,500

Tax History

YEARPROP. TAXASSESSMENT
2021$1,895$245,090
2020$1,698$218,280

History based on county public records data.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3181797
3
/10

  • Pinebrook Elementary School

  • 477 Pinebrook School Rd

  • 2.52 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3181798
7
/10

  • North Davie Middle School

  • 497 Farmington Rd

  • 3.31 miles

  • Public District Grades 6-8

High School

school-card-donut-3181799
4
/10

  • Davie County High School

  • 1200 Salisbury Rd

  • 9.52 miles

  • Public District Grades 9-12

school-card-donut-3181800
8
/10

  • Davie County Early College High School

  • 1211 Salisbury Rd

  • 9.53 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $80,357. Most Advance, NC residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 862 Rainbow Rd

What is the listing price of this property?

The listing price of 862 Rainbow Rd property is $599,999.

What type of property is this?

The property 862 Rainbow Rd is a house located in Advance, North Carolina, 27006.

Is this property for sale now?

Sale Pending: 862 Rainbow Rd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 862 Rainbow Rd are:
Pinebrook Elementary School: GreatSchools Rating 3/10
North Davie Middle School: GreatSchools Rating 7/10
Davie County High School: GreatSchools Rating 4/10
Davie County Early College High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,895 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 27, 2018 for $62,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 862 Rainbow Rd has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 862 Rainbow Rd is 1800 - 2200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 862 Rainbow Rd is 2019.

Rocket Homes›North Carolina›Davie County›Advance›27006›862 Rainbow Rd

This home is located at 862 Rainbow Rd in Advance, NC and zip code 27006. This home was built in 2019. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $599,999.

Advance, NC housing market in April 2024 saw over 1 listings sold above listed price, more than 3 sold at listed price and over 8 sold below. The inventory of homes for sale in Advance, NC between March 2024 and April 2024 decreased by 1.5%. The median list price of listings available in April 2024 was $385,733, while the average time on the real estate market was 48 days.

From Rocket Homes Real Estate and based on county public records data.

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