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$229,900

348 Rainbow Cir Independence, VA 24381

3 beds
2 full
2,500 sqft
0.3 acres
$92 / sqft
House

Property details

About 348 Rainbow Cir

This lovely brick colonial ranch offers a country living atmosphere while still being conveniently located in town, and all of the local amenities. The kitchen was recently remodeled with new easy close cabinetry, stainless farm sink, updated hardware, granite countertops, subway tile, new industrial pendant lighting at the bar/island and contemporary ceiling fan/light combo. Also find a convenient filler faucet at the range for easy filling of pots/pans for boiling and steaming. All newer appliances, with a Refrigerator that is only 2 years old. The kitchen boasts an exposed brick wall, complete with a flue for rustic charm, and new open shelving. All of the main living areas and the hall have oak hardwood flooring while the new sunroom has ceramic tile, and the hall bathroom has been updated with ceramic tile, and chrome lighting and faucets. The ‘always dry' basement has loads of storage space, is finished with a woodstove, a bathroom, and a laundry area. The washer is 1 year old, and the dryer a relatively new front loader.. This home comes with a generator to insure comforts even in a power outage. The living room and sunroom are spacious & have ample outside and interior lighting for a bright and airy feel. Outside you will find a large deck, large backyard complete with gorgeous flower beds that will be in full bloom with the coming season. Also, notice the easy paved driveway. Trash is collected weekly and included in the monthly water and sewer bill. Owners have made friendships to last a lifetime in the neighborhood. Independence is nestled in the heart of the Blue Ridge Mountains, and is a hidden gem that offers tranquility of nature's embrace, heaped by a tapestry of American history. This idyllic area is a haven for those seeking to disconnect from the hustle and bustle and reside in a more intimate, personalized area, as Independence is the epitome of “small town America.”

Highlights

Home typeSingle Family Residence
HeatingElectric
StatusAccepting Backup Offers
(Active Contingency)
CoolingCeiling Fan(s), Wall/Window Unit(s)
Size2,500 sqft
BasementYes
Lot size0.275 Acres
Year built1970
ParkingPaved
MLS #98970

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Dryer, Electric Range, Disposal, Microwave, Refrigerator, Washer, Electric Water Heater
  • Basement: Yes
  • Flooring Type: Wood
  • Total Bedroom Count: 3
  • Attached Garage: No
  • Parking: Paved
  • Exterior: Deck, Porch/Covered
  • Architectural Style: Colonial, Ranch
  • Heating: Electric
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • List Price: $229,900
  • Price/SqFt: $91
  • Annual Tax Amount: $519
  • Tax Year: 2023
  • Lot: Level
  • Directions: From the intersection of 58 and 89 in Galax, travel 14 miles west on 58, turn left onto Rainbow Circle, travel .6 mile and see home and signs.
  • Year Built: 1970
  • Living Area: 2,500 SqFt
  • Lot Size: 0.275 Acres
  • MLS Number: 98970
  • MLS Name: SouthwestVA
  • Office Name: Virginia Mountain Realty
  • Office Email: virginiamountainrealty@gmail.com
  • Listing Agent: Annpaige Harris

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the SW VA Association of REALTORS® Multiple Listing Service. The SWVAR IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' 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 herein is deemed reliable but not guaranteed, representations are approximate, individual verifications are recommended. Copyright 2025 Southwest Virginia Association of REALTORS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/10/2025, 12:45:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Dec 07, 2016
Home Sold
$100,000
Oct 28, 2015
Home Sold
$90,000

Tax history

YearAssessmentProperty Tax
2023$96,200$519
2021$69,600$410
2019$69,600$-
2017$69,600$-

History based on county public records data.

Nearby schools

6

Independence Elementary School

Public District KG-5

0.2 mi

915 E Main St

4

Galax Elementary School

Public District PK-5

12.0 mi

225 Academy Dr

8

Fairview Elementary School

Public District KG-5

12.8 mi

2323 Fairview Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $38,811. The majority of Independence, VA residents have income less than $<35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

46%
<35k
46%
35k-100k
7%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

46%
Single, No Kids
10%
Single, with Kids
32%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
5%
12-17 yrs old
19%
18-34 yrs old
41%
35-64 yrs old
22%
65+ yrs old

What do the neighbors do for fun?

  • Monster TrucksMonster Trucks
  • NASCARNASCAR
  • HuntingHunting

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • ApplebeesApplebees
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • ChevroletChevrolet
  • GMCGMC
  • RamRam

What do the neighbors listen to?

  • CountryCountry
  • Classic CountryClassic Country
  • OldiesOldies
All data provided by Home Junction and Claritas

Frequently asked questions

About 348 Rainbow Cir

The listing price of 348 Rainbow Cir property is $229,900.

The property 348 Rainbow Cir is a house located in Independence, Virginia, 24381.

Accepting Backup Offers: 348 Rainbow Cir is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 348 Rainbow Cir are: Independence Elementary School (GreatSchools Rating 6/10), Galax Elementary School (GreatSchools Rating 4/10), Fairview Elementary School (GreatSchools Rating 8/10), Independence Middle School (GreatSchools Rating 8/10), Sparta Elementary School (GreatSchools Rating 4/10), Piney Creek Elementary School (GreatSchools Rating 8/10), Grayson County High School (GreatSchools Rating 7/10), Alleghany High School (GreatSchools Rating 4/10), Galax High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $519 (source: MLS/based on county public records data).

The last sale was on December 7, 2016 for $100,000 (source: MLS/tax record).

The property at 348 Rainbow Cir has 3 bedrooms and 2 bathrooms.

The property 348 Rainbow Cir is 2,500 SqFt (source: MLS/tax record).

The year of construction for 348 Rainbow Cir is 1970.

This home is located at 348 Rainbow Cir in Independence, VA and zip code 24348. This 2,500 square foot home, which was built in 1970, sits on a 0.28 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 7, 2025 and is currently priced at $229,900.

From Rocket Homes Real Estate and based on county public records data.

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