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10241 Rainbow Road

10241 Rainbow Road, Carrollton, VA 23314
Sold Nov 12, 2021
$985,000
$785,000 by Navy Federal Credit Union
Mortgage Due Dec 01, 2051
Sold Nov 18, 1998
$130,000
Local assessors in Carrollton, VA have categorized 10241 Rainbow Road as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 28,619 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 10241 Rainbow Road has a total of 3,456 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from none system. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B+. The building has a gable style roof that was made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's oil is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Oct 28, 2021 for $985,000. That's $285.01 per sqft. Prior to that sales transaction, the property was also sold in Nov 18, 1998 for $130,000. 10241 Rainbow Road was last assessed in 2023. The total value of the property was assessed at $790,100. Specifically, the land the property is located on was valued at $229,500. While improvements on the property were assessed at a total of $560,600. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,664. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Average
  • Building Quality: B+
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 2,304
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 28,619
  • Total Building Area: 3,456
  • Building Area: 3,456
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Oil
  • Heated Square Feet: 3,456
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: SECTION 3 JAMES RIVER HEIGHTS
  • Land Acres: 0.66
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NO 12 J R HEIGHTS

Ownership

  • Current Owner : BRENNER LOUIS W
  • Current Owner 2: BRENNER MONIKA R
  • Previous Owner : WILKINSON THOMAS W
  • Previous Owner 2: WILKINSON CAROLYN A
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Isle of Wight County Public Schools
  • Census Tract: 280108

Zoning

  • Zoning: NC

Geography

  • District: 45
  • Parcel: 15A-01-3012
  • Municipality: NEWPORT
  • Latitude: 37.0029
  • Longitude: -76.5612

    Address

  • Full Address: 10241 Rainbow Rd
  • Address - House Number: 10241
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Carrollton
  • Carrier Code: R006
  • 4-Digit Zip Code: 4109
  • Zip Code: 23314

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,664
  • Tax Rate Code Area: 45

    Appraisal Valuation

  • Standard Deviation: 0.1789
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 947,610
  • High Value: 1,117,152
  • Low Value: 778,068

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $785,000
  • First Open Lien Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Nov 12, 2021
  • First Open Lien Mortgage Loan Amount: $785,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $790,100
  • Market Land Value: $229,500
  • Market Improvement Value: $560,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $790,100
  • Assessed Land Value: $229,500
  • Assessed Improvements Value: $560,600

    Sales

  • Current Sale Contract Date: Oct 28, 2021
  • Current Sale Recording Date: Nov 12, 2021
  • Current Sale Transaction ID: 11873851155
  • Current Sale Price: $985,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 8047
  • Previous Sale Recording Date: Nov 18, 1998
  • Previous Sale Contract Date: Nov 18, 1998
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Nov 12, 2021
  • First Mortgage Loan Amount: $785,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

About Isle of Wight



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Frequently Asked Questions

What neighborhood is 10241 Rainbow Road located in?
The 10241 Rainbow Road is a house located in the neighborhood of Isle of Wight in Isle of Wight, Carrollton.
What is the average sales price for listings in 10241 Rainbow Road?
The average sales price for units in 10241 Rainbow Road is $0 currently.

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