348 Rainbow Cir
Independence, VA 24348
3 Beds
2 Baths
2,500 sqft (on 0.28 acres)
3 Beds
2 Baths
2,500 sqft
(on 0.28 acres)
Local Information
- Map ViewExplore the area around 348 Rainbow Cir.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1970
Lot Size
0.28 acres
Living Area
2,500 sqft
Price/Sqft
$94
Parking
Open Parking
About this House
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.”
348 Rainbow Cir, Independence, VA 24348 is a 3 bedroom, 2 bathroom, 2,500 sqft single-family home built in 1970. It last sold for the $229,900 asking price on Aug 28, 2025. It is currently off market. The Trulia Estimate is $235,500, with a rent estimate of $1,853/month.
Home Details for 348 Rainbow Cir
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Interior Details Number of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bathroom, Bathroom 2, Dining Room, Kitchen, Basement |
Beds & Baths Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 2500 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Washer, Electric Water HeaterDishwasherDisposalDryerLaundry: Lower LevelMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Electric |
Fireplace & Spa Fireplace: Brick, Flue, MasonryHas a Fireplace |
Gas & Electric Gas: Installed |
Windows, Doors, Floors & Walls Window: Insulated Windows, Tilt Windows |
Levels, Entrance, & Accessibility Stories: 1 |
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Exterior Home Features Roof: ShinglePatio / Porch: Open Deck, Porch CoveredOther Structures: Shed(s)Exterior: GardenFoundation: Brick/MortarGarden |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: None,Paved |
Frontage Waterfront: NoneRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1350 Square FeetFinished Area (below surface): 1150 Square Feet |
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Year Built Year Built: 1970 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Colonial,Ranch |
Building Construction Materials: Brick, Dry Wall |
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Price List Price: $229,900 |
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MLS Status: Sold |
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Direction & Address City: Independence |
School Information Elementary School: IndependenceJr High / Middle School: IndependenceHigh School: Grayson County |
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Building Area Building Area: 2500 Square Feet |
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HOA Fee Includes: NoneNo HOA |
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Lot Area: 0.28 acres |
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BasementMls Number: 98970Water View: NoneAbove Grade Unfinished Area: 1350 |
Last check for updates: about 11 hours ago
Listed by Annpaige Harris, (276) 692-4444
Virginia Mountain Realty, (276) 728-7355
Bought with: Michael Shumate, (276) 237-0636, Cox Realty, (276) 236-5171
Source: SWVAR, MLS#98970
Price History for 348 Rainbow Cir
| Date | Price | Event | Source |
|---|---|---|---|
| 08/28/2025 | $230,000 | Sold | SWVAR #98970 |
| 07/07/2025 | $229,900 | Contingent | SWVAR #98970 |
| 05/15/2025 | $229,900 | PriceChange | SWVAR #98970 |
| 04/15/2025 | $235,000 | PriceChange | SWVAR #98970 |
| 03/26/2025 | $239,000 | PriceChange | SWVAR #98970 |
| 03/22/2025 | $242,000 | PriceChange | SWVAR #98970 |
| 03/15/2025 | $249,900 | Listed For Sale | SWVAR #98970 |
| 07/29/2020 | $61,000 | Sold | N/A |
| 12/07/2016 | $100,000 | Sold | N/A |
| 07/15/2016 | $99,500 | Listed For Sale | Agent Provided |
| 10/28/2015 | $90,000 | Sold | N/A |
Market trends in Independence
Last updated June 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
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Available listings
26
6MoM
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $558 |
| Assessment | $96,200 |
Home facts updated by county records
Comparable Sales for 348 Rainbow Cir
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.31 | Single-Family Home | $140,000 | 01/13/26 | 4 | 2 | 1,636 | |
0.24 | Single-Family Home | $78,000 | 12/05/25 | 3 | 1 | 1,260 | |
0.84 | Single-Family Home | $195,000 | 07/22/26 | 3 | 2 | 1,755 | |
0.70 | Single-Family Home | $140,000 | 09/15/25 | 3 | 1 | 1,442 | |
1.01 | Single-Family Home | $225,000 | 09/15/25 | 4 | 2.5 | 2,376 | |
1.22 | Single-Family Home | $240,000 | 11/04/25 | 3 | 3 | 1,797 | |
1.23 | Single-Family Home | $110,000 | 02/02/26 | 3 | 2 | 1,594 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
SOLDJAN 13, 2026Angela Brown & Associates
OFF MARKETWard Real Estate Group, LLC
FOR SALE
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Assigned Schools
These are the assigned schools for 348 Rainbow Cir.
- Independence Elementary School
- PK-5
- Public
- 287 Students
5/10GreatSchools RatingParent Rating Average
No reviews available for this school. - Grayson County High School
- 9-12
- Public
- 461 Students
7/10GreatSchools RatingParent Rating AverageI graduated in 2004. My experiences at GCHS prepared me for the outside world and my career in the military. I currently live in a large city in Florida. After graduating from a school like GCHS and living where i'm at now, I think GCHS is a safe and nurturing environment that fosters learning. At most, kids drinking at football games and other adolescent behaviors were the main concern. Compare that to to the Orlando-Orange County public school system with gangs, homicides, and children getting raped in the bathroom. Don't take the faculty, SMALL class sizes ( you don't know crowded until you've lived in a city-100+ kids in a class) or relatively safe location for granted. Every school has its blemishes, but I honestly couldn't have asked for a better high school experience or education.Other Review11y ago - Independence Middle School
- 6-8
- Public
- 280 Students
7/10GreatSchools RatingParent Rating AverageNo reviews available for this school. 
Check out schools near 348 Rainbow Cir.
What Locals Say about Independence
At least 3 Trulia users voted on each feature.
100 % Say there's wildlife
100 % Say yards are well-kept
100 % Say parking is easy
83 % Say car is needed
75 % Say they plan to stay for at least 5 years
71 % Say there's holiday spirit
67 % Say people would walk alone at night
67 % Say kids play outside
50 % Say there are sidewalks
43 % Say neighbors are friendly
40 % Say it's quiet
33 % Say it's walkable to restaurants
33 % Say it's walkable to grocery stores
25 % Say it's dog friendly
20 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
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Off Market Homes Near 348 Rainbow Cir
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SOLDAPR 7, 2026
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SOLDFEB 3, 2026
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