$345,200
- 3 Beds
- 1.5 Baths
- 1,252 sqft (on 0.33 acres)
3948 Rainbow Dr, Virginia Beach, VA 23456
Est. Refi. Payment $2,059/mo*
Refinance Your HomeCurrently Off Market - Sold Sep 18, 2007 for $214,000
Home Value
Trulia Estimate
$345KSince last month
Decreased$300 (-0.1%)Since last year
Increased$7K (+1.9%)Since last sale
Increased$132K (+61.6%)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 +92% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $346K |
| August 2026 | $345K |
| July 2026 | $346K |
| June 2026 | $353K |
| May 2026 | $352K |
| April 2026 | $352K |
| March 2026 | $351K |
| February 2026 | $345K |
| January 2026 | $342K |
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 |
|---|---|---|---|---|---|---|---|
0.16 | Single-Family Home | $285,000 | 09/30/25 | 3 | 2 | 1,087 | |
0.37 | Single-Family Home | $275,000 | 07/27/26 | 3 | 2 | 1,345 | |
0.17 | Single-Family Home | $319,450 | 08/17/26 | 5 | 3 | 1,868 | |
0.30 | Single-Family Home | $180,000 | 04/07/26 | 4 | 2 | 1,185 | |
0.28 | Single-Family Home | $407,500 | 08/24/26 | 3 | 2 | 1,410 | |
0.30 | Single-Family Home | $360,000 | 09/02/25 | 3 | 2 | 1,410 | |
0.22 | Single-Family Home | $440,000 | 02/24/26 | 4 | 2.5 | 1,696 | |
0.14 | Single-Family Home | $266,143 | 04/10/26 | 5 | 3 | 1,868 | |
0.37 | Single-Family Home | $375,500 | 09/02/25 | 3 | 3 | 1,443 | |
0.30 | Single-Family Home | $384,000 | 09/17/25 | 3 | 2.5 | 1,388 |
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 |
|---|---|---|---|---|---|---|
0.08 | $385,000 | 5 | 3 | 1,868 | For Sale | |
0.09 | $331,000 | 3 | 2.5 | 1,584 | Recently Sold | |
0.13 | $630,000 | 3 | 2.5 | 2,445 | For Sale | |
0.11 | $316,200 | 3 | 1.5 | 1,307 | Off Market | |
0.16 | $607,000 | 3 | 2.5 | 2,445 | Recently Sold | |
0.16 | $600,000 | 3 | 2.5 | 2,445 | Recently Sold | |
0.16 | $609,900 | 3 | 2.5 | 2,519 | For Sale | |
0.13 | $440,000 | 5 | 3 | 1,900 | Recently Sold | |
0.18 | $665,000 | 5 | 3.5 | 2,788 | Recently Sold | |
0.17 | $307,000 | 3 | 1.5 | 1,100 | Recently Sold | |
0.17 | $319,450 | 5 | 3 | 1,868 | Recently Sold | |
0.21 | $363,000 | 4 | 2 | 1,800 | Recently Sold |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1983
Lot Size
0.33 acres
Living Area
1,252 sqft
Price/Sqft
$276
About this House
Charming Waterfront Home-Move In Ready in time for the holidays! Updated kitchen w/newer countertops, cabinets & ceramic tile flrs. Spacious yard w/tranquil water views. Bonus-Rainsoft filtration sys installed through entire house! Pets negotiable-pet fee and deposit will apply. Currently occupied-24 hrs notice to show.
3948 Rainbow Dr, Virginia Beach, VA 23456 is a 3 bedroom, 2 bathroom, 1,252 sqft single-family home in Salem, built in 1983. It last sold for $214,000 on Sep 18, 2007. More recently, it was listed as a rental in October 2012 with an asking price of $1,425 per month. That rental listing was removed on April 25, 2013. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $345,200, with a rent estimate of $2,203/month.
Home Details for 3948 Rainbow Dr
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Heating & Cooling Heating: Heat Pump, ElectricAir ConditioningCooling System: CentralHeating Fuel: Heat Pump |
Levels, Entrance, & Accessibility Stories: 1Floors: Carpet, Laminate |
Interior Details Number of Rooms: 5Types of Rooms: Laundry Room, Master BathCeiling Fan |
Appliances & Utilities Cable ReadyDishwasherDryerWasher |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: AsphaltExterior: Vinyl, Brick |
Parking & Garage Parking: Carport |
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Year Built Year Built: 1983 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 0.33 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Apr 25, 2013 Source: Agent Provided | ListingRemoved | $1,300 |
Feb 20, 2013 Source: Agent Provided | PriceChange | $1,300 Price decreased by 9% |
Oct 10, 2012 Source: Agent Provided | Listed For Rent | $1,425 |
Nov 30, 2011 Source: Agent Provided | ListingRemoved | $1,425 |
Oct 6, 2011 Source: Agent Provided | Listed For Rent | $1,425 |
Sep 18, 2007 Source: N/A | Sold | $214,000 |
Aug 15, 2005 Source: N/A | Sold | $156,000 |
Mar 19, 2002 Source: N/A | Sold | $99,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,616 | $269,700 |
Home facts updated by county records
Market trends in Salem
Last updated July 2026
Avg. sale price
$414K
$19.53KMoM
Sale-to-List Price
100.0%
Price per sq ft
$230
$2MoM
Available listings
142
5MoM
Around this home
What Locals Say about Salem
At least 386 Trulia users voted on each feature.
95 % Say it's dog friendly
90 % Say car is needed
86 % Say parking is easy
86 % Say there are sidewalks
84 % Say yards are well-kept
79 % Say kids play outside
79 % Say there's holiday spirit
74 % Say streets are well-lit
73 % Say people would walk alone at night
71 % Say it's quiet
58 % Say neighbors are friendly
57 % Say it's walkable to grocery stores
53 % Say they plan to stay for at least 5 years
43 % Say there's wildlife
32 % Say it's walkable to restaurants
24 % 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 3948 Rainbow Dr
- What is 3948 Rainbow Dr estimated to be worth?Trulia's estimated value for 3948 Rainbow Dr in Virginia Beach, VA is $345,200.
- What is the price history for 3948 Rainbow Dr?3948 Rainbow Dr in Virginia Beach, VA last sold for $214,000 in September 2007.
- Is Virginia Beach a buyer's or seller's market?Virginia Beach is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Virginia Beach?The median sale price in Virginia Beach is $414K. That is up $19.53K from the prior month.
- Does 3948 Rainbow Dr have air conditioning?Yes, 3948 Rainbow Dr in Virginia Beach, VA has air conditioning.
- Does 3948 Rainbow Dr have laundry facilities?Yes, 3948 Rainbow Dr in Virginia Beach, VA has in-unit laundry.

