Last Sold Price
3 beds
550 Rainbow Rd, Advance, NC 27006

Description

Country Splendor! A winding drive, woodsy privacy, bridge & stream lead to a comfortable farm home amidst gorgeous pasture land. This 16.38 acre sanctuary invites horses, gardening, outdoor recreation & a lifestyle of leisure & relaxation. Custom built w/one owner, the l-l/2 story features a main level Master Suite, Office & Mud Room with a back staircase to the Bonus Room. Outstanding renovations over the past 10 years include roof, deck, kitchen, baths,tankless water heater, etc. Dream No More!Country Splendor! A winding drive, woodsy privacy, bridge & stream lead to a comfortable farm home amidst gorgeous pasture land. This 16.38 acre sanctuary invites horses, gardening, outdoor recreation & a lifestyle of leisure & relaxation. Custom built w/one owner, the l-l/2 story features a main level Master Suite, Office & Mud Room with a back staircase to the Bonus Room. Outstanding renovations over the past 10 years include roof, deck, kitchen, baths,tankless water heater, etc. Dream No More!
LISTING CLOSED: 01/25/2018 12:00 AM

  1. Listed by Vicki Fleming • Mays Gibson Inc
  2. Listed by Carrie Gibson • Mays Gibson Inc

Property Details for 550 Rainbow Road

Status
MLS #
845305
Days on Market
112
Taxes
$2,749 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Stick/Site Built
Year Built
1988
Lot Size
16.38 AC / 713,512 SF
Flood Zone
Not in Flood Zone
Zoning
R20

Location

Listing Courtesy of Mays Gibson Inc

Sold By Lm Realty

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Building Information for 550 Rainbow Road

Stories-Year Built1988Building Size-Lot Size16.38 AC / 713,512 SF

Payment Calculator

$2,821 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,592

Property Taxes

$229

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 550 Rainbow Road

Summary
Location and General Information
  • County Or Parish: Davie
  • City: Advance
  • Directions: I-40 West, Take Exit #180-A Bermuda Run, Rt. onto NC Hwy 801-South, Rt. onto US Hwy 158 West, Rt. on Rainbow Rd, Property on Rt. (550 Rainbow Road)
  • Latitude: 35.995204
  • Longitude: -80.49209
  • Postal Code: 27006
  • Postal Code Plus 4: 6711
  • Subdivision Name: None
  • City Limits: No
Taxes and HOA Information
  • List AOR: Winston-Salem
  • Tax Rate: .77%
  • Tax Annual Amount: $2,749.29
  • Tax Assessed Value: $357,980.00
  • Tax Legal Description: 16.378 Acres Rainbow Rd., D6-000-00-018-01, PIN 5852804322
  • Tax Lot: 018-01
  • Tax Map Number: D6
  • Tax Year: 2017
  • Parcel Number: D60000001801
  • Association: No
Parking
  • Garage Spaces: 2.0
  • Parking Features: Garage, Attached, Garage Faces Side
  • Garage Description: Attached Garage, Side Load Garage
School Information
  • High School: Davie County
  • Elementary School: Pinebrook
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Property
Lot Information
  • Lot Features: Horses Allowed, Natural Land, Partially Cleared, Partially Fenced, Partially Wooded, Pasture, Rolling Slope, Rural, Secluded
  • Lot Size Acres: 16.38
  • Lot Size Dimensions: 584+201(front)x989x693(back)x950
  • Above Grade Finished Area: 3087.0
  • Other Structures: Barns
  • Built Information: Existing
  • Heated Finished Main SqFt Range: 1600 - 2000
  • Heated Finished Second SqFt Range: 1000 - 1300
  • Heated Finished Sqft F Main: 1866.0
  • Heated Finished Sqft Second: 1221.0
  • Lot Number: 018-01
  • Total Heated Finished SqFt Range: 2700 - 3300
  • Water Source: Public
  • Year Built: 1988
  • Attic Description: Partially Floored, Walk in Attic
Property and Assessments
  • Photos Count: 30
  • Property Type: Residential
  • Deed Book: 0129
  • Deed Page: 0726
  • Documents Count: 4
  • Fixture Exception: No
Green Features
  • Energy Features: Insulated Windows
Utilities
  • Heating Fuel: Electric
  • Sewer: Septic
  • Water Heater: Tankless
Interior and Exterior Features
Exterior Features
  • Exterior Features: Satellite Dish
  • Pool Features: None
  • Elevator: No
  • Construction Materials: Vinyl Siding
  • Levels: One and One Half
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Porch: Yes
  • Pool: No
Interior Features
  • Appliances: Attached Microwave Oven,Built-In Oven,Cook Top,Dishwasher, Water Heater: Tankless
  • Basement: Crawl Space
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Decimal: 2.5
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 3
  • Cooling: Central Air, Heat Pump
  • Fireplace Features: Great Room
  • Fireplaces Total: 1
  • Flooring: Carpet, Laminate, Tile, Wood
  • Heating: Heat Pump, Electric
  • Interior Features: Ceiling Fan(s), CO Detector, Dead Bolt(s), Garage Door Opener(s), Gas Logs, Jetted Tub, Pantry, Smoke Alarm, Solid Surface Counter
  • Full Baths Lower: 0
  • Full Baths Main: 1
  • Main Level Bathrooms: 2
  • Full Baths Upper: 1
  • Half Baths Lower: 0
  • Half Baths Main: 1
  • Half Baths Upper: 0
  • Rooms Total: 9.0
  • Primary On Main YN: Yes
Room Information
Room 1 Information
  • Room Type: Kitchen
  • Room Level: Main
  • Room Length Width Units: Feet
  • Room Area: 0.0
  • Room Area Units: Square Feet
  • Room Dimensions: 0ft 0in x 0ft 0in
Room 2 Information
  • Room Type: Laundry
  • Room Level: Main
  • Room Length: 7.083333
  • Room Width: 6.416666
  • Room Length Width Units: Feet
  • Room Area: 45.451388
  • Room Area Units: Square Feet
  • Room Dimensions: 6ft 5in x 7ft 1in
Room 3 Information
  • Room Type: Master Bedroom
  • Room Level: Main
  • Room Length: 23.333333
  • Room Width: 13.75
  • Room Length Width Units: Feet
  • Room Area: 320.833333
  • Room Area Units: Square Feet
  • Room Dimensions: 13ft 9in x 23ft 4in
Room 4 Information
  • Room Type: Office
  • Room Level: Main
  • Room Length: 11.75
  • Room Width: 7.333333
  • Room Length Width Units: Feet
  • Room Area: 86.166666
  • Room Area Units: Square Feet
  • Room Dimensions: 7ft 4in x 11ft 9in
Room 5 Information
  • Room Type: Great Room
  • Room Level: Main
  • Room Length: 25.25
  • Room Width: 15.5
  • Room Length Width Units: Feet
  • Room Area: 391.375
  • Room Area Units: Square Feet
  • Room Dimensions: 15ft 6in x 25ft 3in
Room 6 Information
  • Room Type: Dining Room
  • Room Level: Main
  • Room Length: 13.166666
  • Room Width: 12.666666
  • Room Length Width Units: Feet
  • Room Area: 166.777777
  • Room Area Units: Square Feet
  • Room Dimensions: 12ft 8in x 13ft 2in
Room 7 Information
  • Room Type: Bedroom 3
  • Room Level: Second
  • Room Length: 17.0
  • Room Width: 13.083333
  • Room Length Width Units: Feet
  • Room Area: 222.416666
  • Room Area Units: Square Feet
  • Room Dimensions: 13ft 1in x 17ft 0in
Room 8 Information
  • Room Type: Bonus Room
  • Room Level: Second
  • Room Length: 23.833333
  • Room Width: 10.75
  • Room Length Width Units: Feet
  • Room Area: 256.208333
  • Room Area Units: Square Feet
  • Room Dimensions: 10ft 9in x 23ft 10in
Room 9 Information
  • Room Type: Bedroom 2
  • Room Level: Second
  • Room Length: 17.0
  • Room Width: 12.583333
  • Room Length Width Units: Feet
  • Room Area: 213.916666
  • Room Area Units: Square Feet
  • Room Dimensions: 12ft 7in x 17ft 0in
Rental
Rental Information
  • Listing Agreement: Exclusive Right To Sell

Property History for 550 Rainbow Road

DateEvent & SourcePriceAppreciation
Jan 25, 2018

Sold

TRIAD #845305

$510,000
Jan 24, 2018

Sold (Public Record)

Public Record #615095335

$510,000
Nov 27, 2017

Pending

TRIAD #845305

DateEvent & SourcePrice
01/25/2018

Sold

TRIAD #845305

$510,000
01/24/2018

Sold (Public Record)

Public Record #615095335

$510,000
11/27/2017

Pending

TRIAD #845305

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 550 Rainbow Road

Taxable ValueLand-Additions-Total-
Tax Record2025$2,041 ($170 / month)
Home Facts
Beds3Baths2.5Total Finished SqFt3,284 SqFtAbove Grade Finished SqFt3,284 SqFtStories1Lot Size713,077 SqFtStyleSingle Family ResidenceYear Built1988Year Renovated1990ZoningR20CountyDAVIEAPND60000001801

Schools near 550 Rainbow Road

This home is within Davie County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 3 to 12
Rating
School
Distance
Pinebrook Elementary
PublicPK to 5

North Davie Middle
Public6 to 8

Davie County High
Public9 to 12

Central Davie Academy
Public3 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 550 Rainbow Road, Advance, NC 27006
$510,000
3
713,512
$540,000
3
483,341
$180,000
3
163,785
3
2
2,808
404,672
$330,000
3
1,795
1,444,450
6
3,040
130,680

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mays Gibson Inc

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