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348 Rainbow Cir, Independence, VA 24348

$273,703

Last sold 08/18/2025 for $230K

3
bed
2
bath
2,500
Sqft ($92/Sqft)

House not for sale

About 348 Rainbow Cir

Property type House

Neighborhood

Year built 1970

HOA fee $0/month

Lot size 0.28 Acre

Movoto estimate

Property description

This 3-bedroom, 2-bathroom single-family home is located at 348 Rainbow Cir, Independence, VA, 24348 in Grayson County and was built in 1970. This home offers 2,500 square feet of living space with 6 total rooms on a 11,979 sq ft (0.275-acre) lot. It is served by municipal water.

Overview
Cooling/AC	Wall/Window Unit(s)
Heating	Electric
Levels/Style	Colonial, Ranch, 1
Virtual Tour	N/A
MLS #	98970
Status	Active Contingency
SubType	Single Family Residence
SqFt	2500
Lot Size (Sqft)	11979
Lot Size (Acres)	0.275
Property Tax	663.78
Year Built	1970

Interior
Total # of Bathrooms	2
# of Full Baths	2
Total # of Bedrooms	3
Total # of Rooms	6
Laundry	Lower Level
Flooring	Wood Floors
Appliances	Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Washer, Electric Water Heater
Interior Features	Ceiling Fan(s), Newer Paint, Shelving, High Speed Internet, Internet Availability Other/See Remarks
Fireplace	Brick, Flue, Masonry
Window Features	Insulated Windows, Tilt Windows, No Window Treatments

Exterior
Foundation	Brick/Mortar
Roof	Shingle
Construction	Brick, Dry Wall
Parking	Paved, None
Exterior Features	Garden
Patio/Porch	Open Deck, Porch Covered
Lot Features	Level, Rolling/Sloping
Other Structures	Shed(s)

Amenities / Utilities
Water Source	Public
HOA Fee Includes	None

Location
Waterfront	None
Area	Independence
Elementary School	Independence
Middle School	Independence
High School	Grayson County
Directions	From The Intersection Of 58 And 89 In Galax, Travel 14 Miles West On 58, Turn Left Onto Rainbow Circle, Travel 0.6 Mile And See Home And Signs.

Lot/ Land Details
Road Surface	Paved

$273K

Range: $246K-$301K

Last 30 days

Lower your payment with the loan terms that fit you.

Sep 2025
Sep 2, 2025 Delisted
$229,900
Jul 7, 2025 Active
—
May 15, 2025 Price Change
$229,900 (-2.2%)
Apr 15, 2025 Price Change
$235,000 (-1.7%)
Mar 26, 2025 Price Change
$239,000 (-1.2%)
Mar 22, 2025 Price Change
$242,000 (-3.2%)
Mar 15, 2025 Listed
$249,900 (+149.9%)
Aug 2025
Public Records
Aug 18, 2025 Sold
$230,000
Dec 2016
Public Records
Dec 7, 2016 Sold
$100,000 (+11.1%)
Oct 2015
Public Records
Oct 28, 2015 Sold
$90,000

Year Property taxes Tax assessment
2024
$519

$96,200
2023
$519 +26.5%

$96,200 +38.22%
2021
$411

$69,600

348 Rainbow Cir
$230K
Independence
—
24348
$285K -9% y/y
Independence
$302K -3% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
344 Rainbow Cir, Independence, VA 24348	$107,000	3/2	1,240	0.02
352 Rainbow Cir, Independence, VA 24348	$176,000	3/1	1,072	0.02
349 Rainbow Cir, Independence, VA 24348	$133,000	2/1	941	0.03
340 Rainbow Cir, Independence, VA 24348	$123,000	2/1	915	0.03
339 Rainbow Cir, Independence, VA 24348	$169,000	3/1	1,114	0.03
356 Rainbow Cir, Independence, VA 24348	$146,000	3/1	1,099	0.03
353 Rainbow Cir, Independence, VA 24348	$137,000	2/1	1,031	0.03
360 Rainbow Cir, Independence, VA 24348	$186,000	2/2	1,154	0.05

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.