708 1st Rainbow Street, Lexington, NC 27295 - Photo 1

1/1

$159,900

Sold
Closed
Single Family
2 Beds
1 Full Bath
850 Sq. Ft.
0.18 Acres
Updated 3 days ago

1/1

Property Description

Motivated seller! Renovated down to the studs, this totally reinvented home boasts new flooring, fresh paint, new bathroom fixtures, new Kitchen, new windows, lots of natural light, new roof and new Heat pump! Upon entry is a cozy room good for office, gaming or a private sitting area just for you! Enter into the next room to an open concept area suitable for dining or living room/kitchen. This adorable home is ready for viewing. There are a couple options for the living room. You can either use the open concept area or one of the other large roomy spaces for your living room, leaving the open concept area for additional seating and dining. Laundry area off the bathroom. Great price, great home. The driveway needs to be redone. Seller may help with acceptable offer. Yard will be easy to maintain. Awesome front porch. Privacy fencing will make it simply perfect! Friendly neighborhood with children bicycling in the streets. See it and open your mind to the possibilities. Make an offer.

Full Property Details

Full Property Details for 708 1st Rainbow St

General

Sold For: $159,900
Taxes: $903
Status: Closed
Type: Single Family
Source: Triad_MLS
MLS ID: 1210974
Added to Site: 171 day(s) ago

Interior

Number of Rooms: 1
Appliances: Electric Water Heater

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1
Main Floor Baths: 1
Main - Full Baths: 1

Bedrooms

Total Bedrooms: 2
1st/Main Floor Primary: Yes

Parking

Parking Features: Driveway

Location

County: Davidson
Subdivision: Erlanger Mills
Driving Directions: Road Maintenance in progress, take 13th Ave to Hames then turn onto 1st Rainbow. Home on the right.

Heating & Cooling

Cooling Type: Heat Pump
Heating Type: Heat Pump, Electric
Heating Fuel: Electric
Water Heater: Electric

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Exterior Const.: Vinyl Siding
Basement: Yes
Basement Desc.: Crawl Space
Stories/Levels: One
Square Feet: 850
Living Area: 850 Sq. Ft.
Heated/Cooled: 850 Sq. Ft.
Year Built: 1912

Lot Features

Lot Size (Acres): 0.18
Lot Dimensions: 91 x 67 x 72 x 107
Road Maintenance: Public Maintained Road

Financial Considerations

Price Per Acre: $888,333.3333
Tax Amount: $903.9
Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

Special Conditions: Owner Sale
Deed Restrictions: Yes

Listed by Land Pro Real Estate, Inc
Sold by Price REALTORS - Archdale

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— 708 1st Rainbow St —

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Schools

Schools serving 708 1st Rainbow St

School District:Lexington City Schools

Name	Grades	Distance
Pickett Elementary School 200 Biesecker Road, Lexington, NC 27295	K-5	0.5 mi
South Lexington School 1000 Cotton Grove Road, Lexington, NC 27292	PK-K	3.2 mi
Lexington Middle School 100 West Hemstead Street, Lexington, NC 27292	6-8	0.9 mi
Lexington Senior High School 26 Penry Street, Lexington, NC 27292	9-12	0.8 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 708 1st Rainbow St

Date

Details

Price

Change

Source

8/17/2026

Sold

$159,900

—

MLS

6/09/2026

Price Reduced

$159,900

-3.62%

MLS

5/11/2026

Price Reduced

$165,900

-1.78%

MLS

5/04/2026

Price Reduced

$168,900

-0.59%

MLS

4/22/2026

Price Reduced

$169,900

-0.06%

MLS

3/31/2026

Price Reduced

$170,000

-2.86%

MLS

3/19/2026

Price Reduced

$175,000

-2.78%

MLS

3/03/2026

Listed

$180,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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708 1st Rainbow Street, Lexington, NC 27295 (MLS# 1210974) is a Single Family property that was sold at $159,900 on August 17, 2026. Want to learn more about 708 1st Rainbow Street? Do you have questions about finding other Single Family real estate for sale in Lexington? You can browse all Lexington real estate or contact a Coldwell Banker agent to request more information.

708 1st Rainbow St Lexington, NC 27295