Taxes
- Assessed Value: $620,730
- Assessed Year: 2025
- Assessed County: Davie
- APN: D60000001805
- Assessed Land Value: 206200
- Market Land Value: 206200
- Tax Amount: 4274.34
- Tax Year: 2025
- Market Value: 620730
- Market Year: 2025
507 Rainbow Rd; Advance, NC Property Details
Off market
507 Rainbow Rd Advance, NC 27006
$449,000 Listing Price
3 Beds
2 Baths
2,386 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1992
- Purchase Price: $385,000
- Est. Equity / %: $563,000 / 100%
- Gross Yield: 11.239%
- APN: D60000001805
- Situs County: Davie
- Length Of Ownership: 20 years, 3 months
Rooms
- Bedrooms: 3
- Bathrooms: 2
- Full Bathrooms: 2
Structure
- Floor Cover Type: Wood
- Stories: 1
- Exterior Wall Type: Brick veneer
- Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
- Building Condition: Good
- Building Quality: B
- Roof Type: Gable
- Porch Type: Open
- Roof Cover Type: Wood Shake/ Shingles
- Deck: true
- Patio Type: Patio
Measurements
- Total: 2,386/SqFt
- Lot: 605,920/SqFt
- Gross: 4,396/SqFt
- Garage: 1,000/SqFt
- Living: 2,386/SqFt
- Building: 2,386/SqFt
- Ground: 2,386/SqFt
- Garage Finished: 1,000/SqFt
- Price Per Square Foot: $161.36
Legal Description
- Description: 13.55 AC RAINBOW RD
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: 35.993626 / -80.49641
- Property Class: Residential
- Zoning: R20
- County Use Code: 01
Amenities
- Heating Fuel Type: Electric
- Plus Four: 6711
- Cooling: Central
- Fireplaces: 1
- Garage: Garage
- Heating: Heat Pump
- Parking: 4
Ownership Info
507 Rainbow Rd has no associated ownership info
507 Rainbow Rd has no associated ownership info.
Taxes
507 Rainbow Rd has 10 associated Taxes items
507 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 $620,730. The APN we've located for 507 Rainbow Rd is D60000001805.
Unlock the full reportTax History
507 Rainbow Rd has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $620,730 | Land Value $206,200 | Improvement Value $414,530 | Tax Amount $4,274.34 | Change Rate +0.426944% | Assessed CR | Tax Rate +0.006886% |
| Year 2024 | Assessed Value $387,510 | Land Value $139,050 | Improvement Value $248,460 | Tax Amount $2,995.45 | Change Rate | Assessed CR | Tax Rate +0.00773% |
| Year 2023 | Assessed Value $387,510 | Land Value $139,050 | Improvement Value $248,460 | Tax Amount $2,995.45 | Change Rate -0.006425% | Assessed CR | Tax Rate +0.00773% |
| Year 2022 | Assessed Value $387,510 | Land Value $139,050 | Improvement Value $248,460 | Tax Amount $3,014.82 | Change Rate +0.006466% | Assessed CR | Tax Rate +0.00778% |
| Year 2021 | Assessed Value $387,510 | Land Value $139,050 | Improvement Value $248,460 | Tax Amount $2,995.45 | Change Rate +0.049158% | Assessed CR | Tax Rate +0.00773% |
| Year 2020 | Assessed Value $366,980 | Land Value $139,050 | Improvement Value $227,930 | Tax Amount $2,855.1 | Change Rate -0.99% | Assessed CR | Tax Rate +0.00778% |
| Year 2019 | Assessed Value $366,980 | Land Value $139,050 | Improvement Value $227,930 | Tax Amount $285,510.44 | Change Rate +99.00015% | Assessed CR | Tax Rate +0.778% |
| Year 2018 | Assessed Value $366,980 | Land Value $139,050 | Improvement Value $227,930 | Tax Amount $2,855.1 | Change Rate +0.047205% | Assessed CR | Tax Rate +0.00778% |
| Year 2017 | Assessed Value $366,980 | Land Value | Improvement Value | Tax Amount $2,726.4 | Change Rate -0.030162% | Assessed CR | Tax Rate +0.007429% |
| Year 2016 | Assessed Value $366,040 | Land Value | Improvement Value | Tax Amount $2,811.19 | Change Rate | Assessed CR | Tax Rate +0.00768% |
| Year 2015 | Assessed Value $366,040 | Land Value | Improvement Value | Tax Amount $2,811.19 | Change Rate | Assessed CR | Tax Rate +0.00768% |
| Year 2014 | Assessed Value $366,040 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value $366,040 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |