See Home Value
Weddington 28104
104 Rainbow Falls Lane
$1,146,860*
House - Off Market

104 Rainbow Falls Lane

Weddington, NC 28104
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4342 Sqft
$630,000 - $768,000
Reference Base Price*
64.07%
Since Jul 1, 2019
NC-Charlotte
Primary Model
Sold May 31, 2019
$695,000
$346,600 by First-citizens Bank & Trust Co
Mortgage
Sold Nov 15, 2017
$690,000
$353,000 by Taylor Morrison Home Funding L
Mortgage Due Dec 01, 2047

About This Property

REDUCED $20K - Why Wait For New Construction When You Can Move Right In To This Beautiful Full Brick / 3-Car Garage Home On The Best Cul-De-Sac Lot In The Entire Community, Gourmet Chef's Dream Kitchen, Custom Backsplash, Gas Cook Top, Butler Pantry Plus Super Large Walk-in Pantry, All Granite Tops In Kitchen & Bathrooms Are Sealed & Have Stain-Proof Warranty, Full Bath & Guest Bedroom On Main, Open Floor Plan Overlooks Stunning Great Room.  Drop Zone And Welcoming 3-Car Garage. All Hardwoods On The Main Level And All Bedrooms Have Attached Baths.  Upper Spacious Master Suite With His & Her Closets! Large Open Loft. Gorgeous Screened Porch Overlooking Large Backyard With Private Tree Line. Encapsulated Crawlspace. Located In A Very South After School District. The Perfect Family Home. Enjoy The Resort-Style Amenities, Including Gym, Pool, Clubhouse, & Playground. Motivated Sellers. Priced For Quick Sale. Bring ALL Offers Today! Do Not Wait On This One! IMMEDIATE EQUITY!

The manager has listed the unit size as 4342 square feet.
Unit Size
4,342Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$161
Property Type
House
Property Taxes
-
HOA Dues
$72
Year Built
2017

Price History

Date / Event Date Event Price
Jun 3, 2019 No longer available -
No longer available
May 4, 2019 Price Decreased $699,000
↓ $20K (2.8%)
Price Decreased
Apr 1, 2019 Listed $719,000
Listed

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: B+
  • Construction Type: Wood
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 1,018
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 17,990
  • Total Building Area: 4,274
  • Building Area: 4,274
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,274
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE FALLS @ WEDDINGTON
  • Land Acres: 0.413
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: #162 THE FALLS @ WEDDINGT

Ownership

  • Current Owner : SALMON ROBERT BRUCE
  • Current Owner 2: SALMON JANICE WOODS
  • Previous Owner : FIELDS MICHAEL
  • Previous Owner 2: FIELDS ANA
  • Owner Before Previous Owner: TAYLOR MORRISON OF CAROLINAS INC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Union County Public Schools
  • Census Tract: 021019

Geography

  • District: 6
  • Parcel: 06-093-195
  • Municipality: SANDY RIDGE TWP
  • Latitude: 35.0411
  • Longitude: -80.7193

    Address

  • Full Address: 104 Rainbow Falls Ln
  • Address - House Number: 104
  • Address - Street Name: Rainbow Falls
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Matthews
  • Carrier Code: R055
  • 4-Digit Zip Code: 0024
  • Zip Code: 28104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,642
  • Tax Rate Code Area: 830

    Appraisal Valuation

  • Standard Deviation: 0.1556
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 80
  • Final Value: 1,060,557
  • High Value: 1,225,680
  • Low Value: 895,434

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $346,600
  • First Open Lien Mortgage Lender: FIRST-CITIZENS BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Apr 11, 2022
  • First Open Lien Mortgage Loan Amount: $346,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $733,400
  • Market Land Value: $136,000
  • Market Improvement Value: $597,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $733,400
  • Assessed Land Value: $136,000
  • Assessed Improvements Value: $597,400

    Sales

  • Current Sale Contract Date: May 11, 2019
  • Current Sale Recording Date: May 31, 2019
  • Current Sale Transaction ID: 11611771982
  • Current Sale Price: $695,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0015010
  • Previous Sale Recording Date: Nov 15, 2017
  • Previous Sale Contract Date: Nov 15, 2017
  • Previous Sale Amount: $690,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST BANK
  • First Mortgage Transaction Date: May 31, 2019
  • First Mortgage Loan Amount: $556,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jun 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: TAYLOR MORRISON HOME FUNDING L
  • Previous Mortgage Transaction Date: Nov 15, 2017
  • Previous Mortgage Loan Amount: $353,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2047



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Weddington


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Frequently Asked Questions

When was property at 104 Rainbow Falls Lane built and last sold?
The property at 104 Rainbow Falls Lane was built in 2017 and last sold on May 11, 2019 for $695,000.
How much is this home worth?
The estimated value of the home located at 104 Rainbow Falls Lane is $705,990.
What are some comparable homes to 104 Rainbow Falls Lane?
There are currently no comparable homes to 104 Rainbow Falls Lane.

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