$3,978 Closing Credit¹
#1175507, Ashley Bonnett, Listing Office: Home Star Realty
#1174695·
Listing office: Home Sweet Home Real Estate, LLC·
Listing agent: Stephanie Hanna·
Listing office phone: 336-843-4400
$219,000 List price
708 1st Rainbow St Lexington, NC 27295
$2,601
Closing credit¹
2 beds
1 full
850 sqft
$258 / sqft
House
Property details
About 708 1st Rainbow St
Newly renovated 2 bedroom and 1 bath home in Erlanger Mills. New Water line to Road, Roof 2024. Heat pump 2025, Brand new kitchen cabinets & appliances. Close to highways, shopping & restaurants.
Highlights
Home typeSingle Family Residence
HeatingHeat Pump, Electric
StatusActive
CoolingCentral Air
Size850 sqft
Year built1912
ParkingOn Street
MLS #1174695
Summary
- Full Bathrooms: 1
- Appliances: Electric Water Heater
- Basement: No
- Flooring Type: Engineered Hardwood, Laminate
- Interior: Dead Bolt(s)
- Total Bedroom Count: 2
- Parking: On Street
- Heating: Heat Pump, Electric
- Cooling: Central Air
- List Price: $219,000
- Price/SqFt: $257
- Annual Tax Amount: $358
- Tax Year: 2024
- Lot: City Lot
- Directions: West Center street. Turn right on West Center Street EXT. Turn right on Swing Dairy Rd. Turn left on Hames St. Turns into 1st Rainbow Street. Home on Right
- Year Built: 1912
- Living Area: 850 SqFt
- MLS Number: 1174695
- MLS Name: Triad MLS
- Office Name: Home Sweet Home Real Estate, LLC
- Office Phone: (336) 843-4400
- Listing Agent: Stephanie Hanna
Copyright © 2025 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2025, 8:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$219,000
708 1st Rainbow St
$2,601
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 30, 2015 | Home Sold | $13,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $27,560 | $358 |
| 2023 | $27,560 | $361 |
| 2022 | $27,560 | $361 |
| 2021 | $27,560 | $358 |
| 2020 | $24,390 | $314 |
| 2019 | $24,390 | $319 |
| 2018 | $24,390 | $319 |
| 2017 | $24,390 | $319 |
History based on county public records data.
Nearby schools
6
Pickett Elementary School
Public District KG-5
0.5 mi
•200 Biesecker Rd
6
Davidson Charter Academy
Public Charter KG-6
0.8 mi
•500 Biesecker Rd
6
Charles England Elementary School
Public District 1-5
2.0 mi
•111 Cornelia St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $18,557. Residents of Lexington, NC typically earn less than $<35k each year. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
87%
<35k
5%
35k-100k
8%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
48%
Single, No Kids
12%
Single, with Kids
21%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
7%
12-17 yrs old
23%
18-34 yrs old
40%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
Figure Skating
Extreme Sports
Where do the neighbors shop?
Wal-Mart
Kmart
Family Dollar
Where do the neighbors go to eat?
Sonic
Bob Evans
Dominos Pizza
What do the neighbors drive?
Oldsmobile
Buick
Ford
What do the neighbors listen to?
Contemporary Inspirational- Oldies
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 708 1st Rainbow St
The listing price of 708 1st Rainbow St property is $219,000.
The property 708 1st Rainbow St is a house located in Lexington, North Carolina, 27295.
Active Listing: 708 1st Rainbow St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 708 1st Rainbow St are: Pickett Elementary School (GreatSchools Rating 6/10), Davidson Charter Academy (GreatSchools Rating 6/10), Charles England Elementary School (GreatSchools Rating 6/10), Lexington Middle School (GreatSchools Rating 3/10), North Davidson Middle School (GreatSchools Rating 8/10), Tyro Middle School (GreatSchools Rating 7/10), Lexington Senior High School (GreatSchools Rating 4/10), Yadkin Valley Regional Career Academy (GreatSchools Rating 7/10), Davidson County High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $358 (source: MLS/based on county public records data).
The last sale was on January 30, 2015 for $13,500 (source: MLS/tax record).
The property at 708 1st Rainbow St has 2 bedrooms and 1 bathroom.
The property 708 1st Rainbow St is 850 SqFt (source: MLS/tax record).
The year of construction for 708 1st Rainbow St is 1912.
This home is located at 708 1st Rainbow St in Lexington, NC and zip code 27295. This 850 square foot home was built in 1912. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 25, 2025 and is currently priced at $219,000.
Over 14 listings were sold over their listed price in March 2025 in Lexington, NC. In the same period over 49 listings were sold below the listed price and 25 listings were sold for the listed price. The number of listings in Lexington, NC increased by 11.6% between February and March 2025. The median list price of listings available in March 2025 was $291,734, while the average time on the real estate market was 53 days.
From Rocket Homes Real Estate and based on county public records data.