MOTIVATED SELLER! BRING ALL OFFERS! Professionally restored cozy bungalow conveniently located in the heart of Lexington. Low taxes. Great space saving layout inside. Front and back covered porches as well as a screened in back porch. Ample parking spaces. Great flat yard with landscaping, next to vacant lot. Friendly long term neighbors. Huge 29ft x 11ft utility shed for storage.
Sold for $40,000
$40,000
738 2nd Rainbow St, Lexington, NC 27295
1beds
714sqft
Stick/Site Built
Built in 1912
6,534 Square Feet Lot
$-- Zestimate®
$56/sqft
$941 Estimated rent
Home value
Not available
Estimated sales range
Not available
$941/mo
Zestimate® history
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$187/mo
Est. payment
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$187/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced air, Electric
Cooling
- Wall
Features
- Dead Bolt(s), Kitchen Island
- Flooring: Carpet, Linoleum / Vinyl
- Has fireplace: No
Interior area
- Total interior livable area: 714 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 6,534 sqft
Details
- Parcel number: 1100700010009
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Stick/Site Built
Materials
- Foundation: Footing
- Roof: Other
Condition
- Year built: 1912
Utilities & green energy
- Sewer: Public
Community & neighborhood
Location
- Region: Lexington
Other
Other facts
- Built Information: Existing
- Water: Public
- Interior Features: Dead Bolt(s), Kitchen Island
- Story Number: 1
- Sewer: Public
- Property Sub Type: Stick/Site Built
- Parking: Driveway
- Pool YN: 0
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2023 | Sold | $40,000+100%$56/sqft |
Source: Public Record Report a problem | ||
| 11/15/2018 | Sold | $20,000-25.9%$28/sqft |
Source: Public Record Report a problem | ||
| 8/22/2018 | Sold | $27,000-26.8% |
Source:  Triad MLS #890004 Report a problem | ||
| 8/22/2018 | Pending sale | $36,900$52/sqft |
Source: Keller Williams Realty #890004 Report a problem | ||
| 8/6/2018 | Price change | $36,900-6.3%$52/sqft |
Source: KELLER WILLIAMS REALTY #890004 Report a problem | ||
| 7/29/2018 | Price change | $39,400-6.9%$55/sqft |
Source: KELLER WILLIAMS REALTY #890004 Report a problem | ||
| 7/21/2018 | Price change | $42,300-1.4%$59/sqft |
Source: KELLER WILLIAMS REALTY #890004 Report a problem | ||
| 7/20/2018 | Price change | $42,900-2.3%$60/sqft |
Source: KELLER WILLIAMS REALTY #890004 Report a problem | ||
| 7/12/2018 | Price change | $43,900-2.2%$61/sqft |
Source: KELLER WILLIAMS REALTY #890004 Report a problem | ||
| 6/1/2018 | Listed for sale | $44,900-4.3%$63/sqft |
Source: Keller Williams Realty #890004 Report a problem | ||
| 3/6/2018 | Listing removed | $46,900$66/sqft |
Source: Owner Report a problem | ||
| 12/6/2017 | Price change | $46,900+4.5%$66/sqft |
Source: Owner Report a problem | ||
| 9/20/2017 | Listed for sale | $44,900+349%$63/sqft |
Source: Owner Report a problem | ||
| 3/13/2014 | Sold | $10,000-28.6% |
Source: Triad MLS #690761 Report a problem | ||
| 10/4/2013 | Listed for sale | $14,000$20/sqft |
Source: Source Agency Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $755 | $57,630 |
| 2024 | $755 +63.5% | $57,630 +66.6% |
| 2023 | $462 +1.9% | $34,590 |
| 2022 | $453 | $34,590 |
| 2021 | $453 +9.3% | $34,590 +9.3% |
| 2020 | $414 | $31,640 |
| 2019 | -- | $31,640 +18.4% |
| 2018 | $345 | $26,730 |
| 2017 | $345 | $26,730 |
| 2016 | $345 | $26,730 |
| 2015 | $345 -2.9% | $26,730 -5.2% |
| 2014 | $355 | $28,200 |
| 2013 | -- | $28,200 |
| 2012 | -- | $28,200 -0.8% |
| 2011 | -- | $28,440 |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
| 1999 | -- | -- |
Find assessor info on the county website
Neighborhood: 27295
Nearby schools
GreatSchools rating
- 4/10Pickett Elementary SchoolGrades: K-5Distance: 0.6 mi
- 4/10Lexington Middle SchoolGrades: 6-8Distance: 0.9 mi
- 3/10Lexington Senior High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Lexington City
- Middle: Lexington City
- High: Lexington City
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- North Carolina
- Davidson County
- Lexington
- 27295
- 738 2nd Rainbow St
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