111 Rainbow Lane

Black Mountain, NC 28711

$640,000
Last Sold Price
3
Beds
2
Baths
1,628 Sq. Ft.
$393 / Sq. Ft.
1,628
Sq. Ft.
$393
per Sq. Ft.

Description

Nice home with lots of possibilities. All the interior was freshly painted ready for you to move right in. Newer updated kitchen with granite countertops, stainless appliances, and custom cabinets. The home has an open floor plan with hardwood floors throughout. Natural light and the windows showcase the lucious back yard. Property is surrounded with appealing landscaping and mature trees. This would be great home for a primary residence, vacation home or an income producing rental property. Close...Nice home with lots of possibilities. All the interior was freshly painted ready for you to move right in. Newer updated kitchen with granite countertops, stainless appliances, and custom cabinets. The home has an open floor plan with hardwood floors throughout. Natural light and the windows showcase the lucious back yard. Property is surrounded with appealing landscaping and mature trees. This would be great home for a primary residence, vacation home or an income producing rental property. Close to all that Black Mountain has to offer.
  1. Listed by Rhonda Turpin • GreyBeard Realty • rhonda@greybeardrealty.com

Property Details for 111 Rainbow Lane

Architectural Style
Ranch
Waterfront Features
None
Zoning Description
RES
Parking Features
Carport - 2 Car, Driveway, Parking Space - 4+
Community Features
None
Subdivision Name
None

Location

Listing Courtesy of GreyBeard Realty

Sold By Nest Realty Asheville

Add your commute
LISTING UPDATED: 11/15/2022 12:34 PM

Property Details for 111 Rainbow Lane

StatusClosed
MLS #3869477
Days on Market103
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1976
Lot Size3.25 AC / 141,570 SF
CountyBuncombe County

Location

Listing Courtesy of GreyBeard Realty

Sold By Nest Realty Asheville

Add your commute

Building Information for 111 Rainbow Lane

Stories-Year Built1976Building Size-Lot Size3.25 AC / 141,570 SF

Payment Calculator

$3,916 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,493

Property Taxes

$423

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 111 Rainbow Lane

Summary
Location and General Information
  • Longitude: -82.313203
  • Geocode Source: Manual
  • Latitude: 35.626692
  • Directions: From Asheville: Follow I-40 E to NC-9 N in Black Mountain. Take exit 64 for NC-9 toward Black Mountain/Montreat and turn left at the light. Turn right onto Sutton Ave, left onto S Ridgeway Ave, right onto E State St, left onto Flat Creek Rd, right onto Rainbow Ln. Home is on the left. Sign.
  • Zoning NCM: TR-4
Taxes and HOA Information
  • HOA Subject To: None
  • HOA Subject To Dues: No
  • Tax Assessed Value: $543,900.00
  • Yearly HOA Expense: 0.00
  • Parcel Number: 0619-59-7710-00000
School Information
  • Middle Or Junior School: Charles D Owen
  • High School: Charles D Owen
  • Elementary School: Black Mountain
Parking
  • Main Level Garage: No
Property
Lot Information
  • Structure Type: One Story Basement
  • Below Grade Finished Area: 0.0
  • Sq Ft Lower: 0
  • Sq Ft Main: 1628
  • Sq Ft Third: 0
  • Sq Ft Unheated Basement: 1100
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1100
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Lot Features: Green Area, Paved, Sloped, Steep Slope, Creek/Stream, Wooded
  • Lot Size Units: Acres
  • Property Type: Residential
Property and Assessments
  • New Construction: No
  • Photos Count: 46
  • Road Responsibility: Public Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Permit Syndication: Yes
  • Plat Book Slide: 0130-0017
  • Plat Reference Section Pages: 130-17
  • Restrictions: Deed
  • Restrictions Description: Shared driveway easement in deed.
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Porch: Back,Covered,Front
  • Construction Materials: Vinyl Siding
  • Road Surface Type: Gravel
  • Roof: Shingle
Interior Features
  • Appliances: Ceiling Fan(s), Electric Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Microwave, Radon Mitigation System, Refrigerator, Washer
  • Water Heater: Electric
  • Heating: Heat Pump, Wood Stove
  • Interior Features: Basement Shop, Cable Available, Kitchen Island, Open Floorplan
  • Laundry Features: Main Level
  • Fireplace: No
  • Flooring: Tile, Vinyl, Wood
  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance
  • Second Living Quarters HLA: 0
  • Second Living Quarters SqFt: 0
Room Information
Room 1
  • Baths Full: 2
  • Baths Half: 0
  • Beds Total: 3
  • Room Types: Bathroom(s),Bedroom(s),Dining Area,Family Room,Kitchen,Laundry,Living Room,Primary Bedroom
  • Room Level: Main
Room 2
  • Baths Full: 0
  • Baths Half: 0
  • Beds Total: 0
  • Room Types: Basement
  • Room Level: Basement
Multi Family
Multi-Family Information
  • Unit Count: 0

Property History for 111 Rainbow Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 111 Rainbow Lane

Taxable ValueLand-Additions-Total-
Tax Record2023$5,074 ($423 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,672 SqFtAbove Grade Finished SqFt1,672 SqFtUnfinished Basement SqFt1,100 SqFtStories1Lot Size141,570 SqFtStyleSingle Family ResidenceYear Built1976ZoningTR-4CountyBUNCOMBEAPN0619-59-7710-00000

Schools near 111 Rainbow Lane

This home is within Buncombe County Schools.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 4 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Black Mountain Primary
PublicK to 3

Black Mountain Elementary
Public4 to 5

Charles D Owen Middle
Public6 to 8

Charles D Owen High
Public9 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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of GreyBeard Realty

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.