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Sign Up NowProperty Report for 348 Rainbow Cir, Independence, VA 24348
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Property Details
- Property Address 348 Rainbow Cir, Independence, VA 24348
- County Grayson
- Parcel ID 73A3- 2- - 3
- Legal description 0.275 73A3-2-3
- School district Grayson County Public Schools
- Acreage 0.28
- Property class Single Family Residence
- Zoning Subscribe
- Square footage 1,245
- Year built 1970
- Bedrooms 3
- Bathrooms 1
About the Property
348 Rainbow Cir is a single family residence in the city of Independence, VA 24348. Located in the Grayson County Public Schools, which resides in Grayson County, VA and built in 1970. This Single Family Residence sits on a 11,979 sq ft lot and features 3 bedrooms, 1 bathrooms and 1,245 sq ft of living space.
The most recent property tax for 348 Rainbow Cir was $519 with an estimated market value range of $169,769 to $180,270. This property was last sold on August 18, 2025 for $230,000.
Property Info
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Flood
Legal
- 0.275 73A3-2-3
- Classification SINGLE FAMILY RESIDENCE
- County GRAYSON
- FIPS 51077
- Civil Division ELK CREEK
- Census 510770602.013025
- Parcel ID 73A3- 2- - 3
- Neighborhood N/A
- Tract N/A
- Secondary School District N/A
- Primary School District Grayson County Public Schools
Ownership
Land
- Acres 0.28
- Square Feet 11,979
Building
- Units 1
- Year Built 1970
- Effective Year Built N/A
- Stories 1
- # Fireplaces N/A
- Garage/Carport 192 sq.ft.
Utilities
- Cooling N/A
- Heating Forced Air
Interior
- Square Footage
- Living Area 1,245
- Total Rooms 5
- Bedrooms 3
- Total Bathrooms 1
- Full Bathrooms 1
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Start Free TrialIndependence Residential Market Stats
Median Sale Price
$399,750
+77.7% YoY
Median Price/sq ft.
$264
Grayson County Median Sale Price
$399,750
+77.7% YoY
See more Real Estate Trends for Independence including home values, types of properties sold and transaction volumes.
Taxes and Assessments for 348 Rainbow Cir, Independence
| Tax Year | Taxes | Tax Assesed Value | Exemptions |
|---|---|---|---|
| 2024 | $519 | $96,200 | |
| 2023 | $519 (+26.5%) | $96,200 (+38.2%) | |
| 2021 | $411 | $69,600 | |
| 2020 | |||
| 2019 | |||
| 2018 | |||
| 2017 |
Sales History for 348 Rainbow Cir, Independence
The most recent sale on 348 Rainbow Cir took place on Aug 18, 2025 and recorded on Aug 18, 2025 for $230,000.
Sign up for full access to the complete sales history including potential flips, distressed sales and buyer and seller data.
| Sale Date | Recorded Date | Buyer(s) | Seller(s) | Price | Document ID |
|---|---|---|---|---|---|
Recently Sold Comparables
These are nearby recently sold properties that are similar to this property, base on available data.
| Address | Distance | SqFt | Sale Date | Price | $/SqFt |
|---|---|---|---|---|---|
| 520 RIMROCK LN | 3.4 mi | 1,350 | 08/20/2025 | $60,000 | $44 |
| 2500 ELK CREEK PKWY | 2.83 mi | 1,371 | 08/08/2025 | $165,000 | $120 |
| 412 COLONIAL AVE | 1.22 mi | 1,075 | 07/25/2025 | $223,000 | $207 |
Our Property Reports contain multiple Automated Valuation Models showing low, median, and high values along with confidence scores.
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Find the Most Accurate Comparables
Nearby Cities
- 1. Independence
- 2. Elk Creek
- 3. Sparta
- 4. Fries
- 5. Ennice
- 6. Piney Creek
Various data sets have been provided by a third party or government source and are subject to change and possible errors. Depending on location and source, data may be missing or not available. Information is deemed reliable but not guaranteed to be accurate, up-to-date, or complete. Buyers, investors, and others are responsible for verifying the accuracy of all information.