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124 Rainbow Rd; Advance, NC Property Details

124 Rainbow Rd, Advance, NC is a Single Family that was built in 1975. This property is currently a cash purchase and is not for sale. Our records show that 124 Rainbow Rd has 3 bedrooms, and 2 bathrooms, and a total of 2,268 square feet. The lot size of 124 Rainbow Rd is 58,370 square feet.

Off market
124 Rainbow Rd Advance, NC 27006
$188,420 Estimated Value
3 Beds
2 Baths
2,268 SqFt
Property Type
Single Family
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Mixed
  • Owner Status: Mixed
  • Year Built: 1975
  • Purchase Price: $80,000
  • Est. Equity / %: $206,000 / 100%
  • Gross Yield: 10.532%
  • APN: E600000038
  • Situs County: Davie
  • Length Of Ownership: 5 years, 4 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Floor Cover Type: Carpet
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Porch Type: Open
  • Roof Cover Type: Asphalt

Measurements

  • Total: 2,268/SqFt
  • Lot: 58,370/SqFt
  • Gross: 3,102/SqFt
  • Garage: 504/SqFt
  • Living: 2,268/SqFt
  • Building: 2,268/SqFt
  • Ground: 1,514/SqFt
  • Garage Unfinished: 504/SqFt
  • Price Per Square Foot: $35.27

Legal Description

  • Description: 1.86 AC RAINBOW RD LIFE ESTATE
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Davie County Schools
  • Lat / Lon: 35.980927 / -80.49056
  • Property Class: Residential
  • Zoning: R20
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 6707
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Carport
  • Heating: Heat Pump
  • Parking: 2

Ownership Info

124 Rainbow Rd has no associated ownership info
124 Rainbow Rd has no associated ownership info.

Taxes

124 Rainbow Rd has 10 associated Taxes items

124 Rainbow Rd, Advance, NC pays taxes in Davie County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $188,420. The APN we've located for 124 Rainbow Rd is E600000038.

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Taxes
  • Assessed Value:  $188,420
  • Assessed Year:  2025
  • Assessed County:  Davie
  • APN:  E600000038
  • Assessed Land Value:  40210
  • Market Land Value:  40210
  • Tax Amount:  1297.46
  • Tax Year:  2025
  • Market Value:  188420
  • Market Year:  2025

Tax History

124 Rainbow Rd has 13 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $188,420 Land Value $40,210 Improvement Value $148,210 Tax Amount $1,297.46 Change Rate +0.149874% Assessed CR Tax Rate +0.006886%
Year 2024 Assessed Value $145,970 Land Value $30,670 Improvement Value $115,300 Tax Amount $1,128.35 Change Rate Assessed CR Tax Rate +0.00773%
Year 2023 Assessed Value $145,970 Land Value $30,670 Improvement Value $115,300 Tax Amount $1,128.35 Change Rate -0.006428% Assessed CR Tax Rate +0.00773%
Year 2022 Assessed Value $145,970 Land Value $30,670 Improvement Value $115,300 Tax Amount $1,135.65 Change Rate +0.00647% Assessed CR Tax Rate +0.00778%
Year 2021 Assessed Value $145,970 Land Value $30,670 Improvement Value $115,300 Tax Amount $1,128.35 Change Rate +0.086216% Assessed CR Tax Rate +0.00773%
Year 2020 Assessed Value $133,520 Land Value $29,990 Improvement Value $103,530 Tax Amount $1,038.79 Change Rate -0.99% Assessed CR Tax Rate +0.00778%
Year 2019 Assessed Value $133,520 Land Value $29,990 Improvement Value $103,530 Tax Amount $103,878.56 Change Rate +97.01066% Assessed CR Tax Rate +0.778%
Year 2018 Assessed Value $136,230 Land Value $32,700 Improvement Value $103,530 Tax Amount $1,059.87 Change Rate +0.013028% Assessed CR Tax Rate +0.00778%
Year 2017 Assessed Value $136,230 Land Value Improvement Value Tax Amount $1,046.24 Change Rate -0.029363% Assessed CR Tax Rate +0.00768%
Year 2016 Assessed Value $140,350 Land Value Improvement Value Tax Amount $1,077.89 Change Rate Assessed CR Tax Rate +0.00768%
Year 2015 Assessed Value $140,350 Land Value Improvement Value Tax Amount $1,077.89 Change Rate +0.163639% Assessed CR Tax Rate +0.00768%
Year 2014 Assessed Value $140,350 Land Value Improvement Value Tax Amount $926.31 Change Rate Assessed CR Tax Rate +0.0066%
Year 2013 Assessed Value $140,350 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
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