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1508 North Rainbow Drive

1508 North Rainbow Drive, Elberton, GA 30635
Property in Elbert
Sold Feb 23, 2018
$147,500
$144,827 by Fbc Mortgage
Mortgage Due Mar 01, 2048
Sold Jan 18, 2000
$9,000
1508 North Rainbow Drive has been categorized by the local assessors in Elberton, GA as a residential type of property. The building on the property was first built in 2001 and is 23 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1508 North Rainbow Drive has 2,091 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 229,997 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a prefab, modular style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 484 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a flat style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1508 North Rainbow Drive was last sold in Feb 23, 2018 for $147,500. According to our calculations, that's $70.54 per sqft. Prior to that sales transaction, the property was sold for $9,000 in Jan 18, 2000. Current property owners are expected to pay $2,113 in taxes per year. The property on 1508 North Rainbow Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $108,109. To break that down further, the land itself was valued at $11,612. While improvements to the property were assessed at a total of $96,497. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Style: Prefab, Modular
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Flat
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 484
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 229,997
  • Total Building Area: 2,091
  • Building Area: 2,091
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,091
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ARNOLD MIZE SURV
  • Land Acres: 5.28
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PETERS BEVERLY N
  • Previous Owner : 21ST MTG CORP
  • Owner Before Previous Owner: MIZE ARNOLD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Elbert County School District
  • School Tax School District: 1-UNINCORPORATE
  • Census Tract: 000300

Zoning

  • Zoning: RESIDENTIA

Geography

  • Account Number: 12197
  • Parcel: 031 011I
  • Municipality: UNINCORPORATED
  • Latitude: 34.1258
  • Longitude: -82.9099

    Address

  • Full Address: 1508 N Rainbow Dr
  • Address - House Number: 1508
  • Street Direction: N
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Elberton
  • Carrier Code: R008
  • 4-Digit Zip Code: 3967
  • Zip Code: 30635

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,113
  • Tax Rate Code Area: 1-UNINCORP

    Appraisal Valuation

  • Standard Deviation: 0.2456
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 50
  • Final Value: 259,341
  • High Value: 323,046
  • Low Value: 195,635

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $234,827
  • First Open Lien Mortgage Lender: FBC MORTGAGE
  • First Open Lien Mortgage Recording Date: Feb 23, 2018
  • First Open Lien Mortgage Loan Amount: $144,827
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2048
  • Second Open Lien Mortgage Lender: TRUIST BANK
  • Second Open Lien Mortgage Recording Date: Jul 15, 2022
  • Second Open Lien Mortgage Loan Amount: $90,000
  • Second Open Lien Mortgage Term: 300
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2047

    Market Valuation

  • Market Total Value: $270,273
  • Market Land Value: $29,031
  • Market Improvement Value: $241,242

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $108,109
  • Assessed Land Value: $11,612
  • Assessed Improvements Value: $96,497

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 23, 2018
  • Current Sale Recording Date: Feb 23, 2018
  • Current Sale Transaction ID: 11422780160
  • Current Sale Price: $147,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018-000120
  • Previous Sale Recording Date: Jan 18, 2000
  • Previous Sale Contract Date: Jan 18, 2000
  • Previous Sale Amount: $9,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FBC MORTGAGE
  • First Mortgage Transaction Date: Feb 23, 2018
  • First Mortgage Loan Amount: $144,827
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2048

About Elbert



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Frequently Asked Questions

What neighborhood is 1508 North Rainbow Drive located in?
The 1508 North Rainbow Drive is a located in the neighborhood of Elbert in Elbert, Elberton.
What is the average sales price for listings in 1508 North Rainbow Drive?
The average sales price for units in 1508 North Rainbow Drive is $0 currently.

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