$591,700
- 2 Beds
- 2 Baths
- 1,077 sqft (on 0.29 acres)
112 Rainbow Ct, Cary, NC 27511
Est. Refi. Payment $3,399/mo*
Refinance Your HomeCurrently Off Market - Sold Jan 20, 2016 for $161,000
Home Value
Trulia Estimate
$592KSince last month
Decreased$700 (-0.1%)Since last year
Increased$60K (+11.2%)Since last sale
Increased$434K (+269.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +257% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $595K |
| August 2026 | $592K |
| July 2026 | $595K |
| June 2026 | $583K |
| May 2026 | $570K |
| April 2026 | $581K |
| March 2026 | $568K |
| February 2026 | $559K |
| January 2026 | $562K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.25 | Single-Family Home | $300,000 | 08/19/26 | 3 | 2 | 1,065 | |
0.17 | Single-Family Home | $710,000 | 11/13/25 | 2 | 1 | 870 | |
0.41 | Single-Family Home | $475,000 | 08/03/26 | 3 | 2 | 1,434 | |
0.33 | Single-Family Home | $560,000 | 07/14/26 | 2 | 1 | 1,113 | |
0.25 | Single-Family Home | $560,000 | 07/07/26 | 3 | 1 | 1,019 | |
0.28 | Single-Family Home | $425,000 | 12/04/25 | 3 | 2 | 1,531 | |
0.47 | Single-Family Home | $480,000 | 08/11/26 | 3 | 2 | 1,328 | |
0.25 | Single-Family Home | $500,000 | 11/20/25 | 4 | 2.5 | 1,783 | |
0.33 | Single-Family Home | $575,000 | 07/10/26 | 4 | 2 | 1,657 | |
0.44 | Single-Family Home | $685,000 | 11/06/25 | 3 | 2 | 1,650 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $615,000 | 2 | 2.5 | 2,456 | Recently Sold | |
0.07 | $615,000 | 5 | 3 | 2,450 | For Sale | |
0.07 | $617,500 | 5 | 3 | 2,624 | Recently Sold | |
0.17 | $710,000 | 2 | 1 | 870 | Recently Sold | |
0.16 | $864,500 | 3 | 2.5 | 2,681 | Off Market | |
0.21 | $2,074,900 | 4 | 4 | 3,731 | For Sale | |
0.18 | $1,122,400 | 3 | 2.5 | 2,682 | Recently Sold | |
0.17 | $2,219,400 | 4 | 4.5 | 3,751 | Off Market | |
0.17 | $966,100 | 3 | 3 | 2,844 | Off Market | |
0.24 | $522,900 | 3 | 3 | 1,829 | Off Market | |
0.22 | $1,622,600 | 4 | 3 | 2,854 | Off Market | |
0.21 | $1,700,000 | 5 | 5.5 | 4,097 | Recently Sold |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1973
Lot Size
0.29 acres
Living Area
1,077 sqft
Price/Sqft
$549
Parking
None
About this House
This affordable and immaculate two bedroom home is available immediately and is nestled in an amazing locale minutes from the historic Downtown Cary area, shopping, restaurants, local schools, Raleigh, I-40, RTP and much more. Neutral light-grey paint graces the entire home while durable and beautiful plank flooring can be found throughout the first floor. Upon entering you'll appreciate the spacious and light-filled family room and a conveniently-located powder room. Don't miss the kitchen with loads of cabinet space, an oven, dishwasher, full size refrigerator, dining area, and a laundry room with washer and dryer included. A great view of the private fenced-in backyard can be enjoyed from the covered rear deck. Upstairs showcases two very large bedrooms (master has 2 closets) with brand new carpet and easy access to a full hall bathroom.
Features
Amazing Location: Superb locale convenient to Downtown Cary, RTP, schools, I-40, Raleigh, and more
Rent Includes: Washer/dryer/refrigerator and all lawn/landscaping maintenance
Availability: Available for immediate occupancy
Parking: Convenient off-street private parking area
Condition: Neat as a pin throughout - brand new carpeting on stairs and throughout 2nd floor. Brand new luxury plank floors in the bathroom too!
Lease Term: 12 month minimum lease term
No Carpet Downstairs: Gorgeous & durable luxury plank vinyl floors grace entire ground level
Pets: Sorry, no pets allowed
No Yard Work: Rent includes all landscaping and lawn maintenance
Large Bedrooms: Both bedrooms are generously proportioned, master even has 2 closets
Backyard: Hard-to-find private fenced-in backyard with a covered rear porch and storage closet
Features
Amazing Location: Superb locale convenient to Downtown Cary, RTP, schools, I-40, Raleigh, and more
Rent Includes: Washer/dryer/refrigerator and all lawn/landscaping maintenance
Availability: Available for immediate occupancy
Parking: Convenient off-street private parking area
Condition: Neat as a pin throughout - brand new carpeting on stairs and throughout 2nd floor. Brand new luxury plank floors in the bathroom too!
Lease Term: 12 month minimum lease term
No Carpet Downstairs: Gorgeous & durable luxury plank vinyl floors grace entire ground level
Pets: Sorry, no pets allowed
No Yard Work: Rent includes all landscaping and lawn maintenance
Large Bedrooms: Both bedrooms are generously proportioned, master even has 2 closets
Backyard: Hard-to-find private fenced-in backyard with a covered rear porch and storage closet
112 Rainbow Ct, Cary, NC 27511 is a 2 bedroom, 2 bathroom, 1,077 sqft single-family home built in 1973. It last sold for $161,000 on Jan 20, 2016. More recently, it was listed as a rental in August 2020 with an asking price of $1,250 per month. That rental listing was removed on October 20, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $591,700, with a rent estimate of $1,621/month.
Home Details for 112 Rainbow Ct
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Heating & Cooling Heating: Forced AirAir ConditioningHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2 |
Interior Details Number of Rooms: 8 |
|
|---|
Year Built Year Built: 1973Year Updated: 1973 |
Property Type / Style Property Type: Single Family HomeArchitecture: duplex single |
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Exterior Home Features Exterior: Brick |
Parking & Garage Parking: None |
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Units in Building: 2 |
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Lot Area: 0.29 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 20, 2020 Source: Agent Provided | ListingRemoved | $1,095 |
Oct 6, 2020 Source: Agent Provided | PriceChange | $1,095 Price decreased by 4% |
Sep 28, 2020 Source: Agent Provided | PriceChange | $1,145 Price decreased by 4% |
Sep 2, 2020 Source: Agent Provided | PriceChange | $1,195 Price decreased by 4% |
Aug 8, 2020 Source: Agent Provided | Listed For Rent | $1,250 |
Mar 7, 2018 Source: Agent Provided | ListingRemoved | $995 |
Feb 28, 2018 Source: Agent Provided | PriceChange | $995 Price decreased by 9% |
Feb 17, 2018 Source: Agent Provided | Listed For Rent | $1,095 |
Jan 20, 2016 Source: N/A | Sold | $161,000 |
Dec 27, 2002 Source: N/A | Sold | $150,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $4,964 | $574,509 |
Home facts updated by county records
Market trends in Cary
Last updated July 2026
Avg. sale price
$623K
$22.5KMoM
Sale-to-List Price
99.8%
0.2%MoM
Price per sq ft
$265
$6MoM
Available listings
575
27MoM
Around this home
What Locals Say about Cary
At least 1155 Trulia users voted on each feature.
93 % Say it's dog friendly
87 % Say car is needed
84 % Say parking is easy
79 % Say there are sidewalks
77 % Say people would walk alone at night
76 % Say it's quiet
76 % Say there's holiday spirit
73 % Say kids play outside
72 % Say streets are well-lit
64 % Say yards are well-kept
58 % Say it's walkable to grocery stores
55 % Say neighbors are friendly
52 % Say it's walkable to restaurants
51 % Say they plan to stay for at least 5 years
49 % Say there's wildlife
39 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 112 Rainbow Ct
- What is 112 Rainbow Ct estimated to be worth?Trulia's estimated value for 112 Rainbow Ct in Cary, NC is $591,700.
- What is the price history for 112 Rainbow Ct?112 Rainbow Ct in Cary, NC last sold for $161,000 in January 2016.
- Is Cary a buyer's or seller's market?Cary is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Cary?The median sale price in Cary is $623K. That is up $22.5K from the prior month.
- How big is the lot at 112 Rainbow Ct?The lot at 112 Rainbow Ct in Cary, NC is about 0.29 acres (12,632 sq ft).

