Grayson County property record for 155 Rainbow Cir, Independence, VA 24348 · Last verified June 2026
| Property Type | Commercial > Retail > Motel |
|---|---|
| Bedrooms | 20 Beds |
| Bathrooms | 40 Baths |
| Year Built | Built 2016 |
| Square Footage | 15,378 sqft Gross Area |
| Lot Size | 107,506 sqft (2.46 acres) |
| Last Sale | $1,100,000 (2022) |
| Tax Bill | $6,082.00 (2025) |
Source: Grayson County records · APN 73A5-A-46A
Assessment roll updated June 1, 2026 · Last verified June 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 3503 MARTHAS WAY, GARNET VALLEY, PA 19060-1772 |
| Owner Type | Owner is a Company |
| Vesting | Company |
| Date | Document |
|---|---|
| Jul 10, 2008 | Deed of Trust, Mortgage · Line of Credit GRAYSON NATIONAL BANK |
| Mar 30, 2022 | Warranty Deed, Transfer · Line of Credit THE FIRST BANK AND TRUST COMPANY |
| Sep 13, 2018 | Trustee's Deed, Foreclosure · Line of Credit SKYLINE NATIONAL BANK |
| Sep 13, 2018 | Trustee's Deed, Foreclosure · Line of Credit SKYLINE NATIONAL BANK |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | Mar 30, 2022 · Amount on Record |
| Deed Sale | Mar 30, 2022 · Amount on Record |
| Prior Sale | Sep 13, 2018 · Amount on Record |
| Deed Doc Number | 2022720 |
| Deed Book / Page | 669 / 72 |
| Record Refreshed | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | GRAYSON VA |
| Property Address | 155 RAINBOW CIR, INDEPENDENCE, VA 24348-3998 |
| Transaction Type | Mortgage |
| Record Updated | Jun 01, 2026 |
| Name | Verified Name |
|---|---|
| Investor | Possibly a Property Investor |
| Document Number | 00008/1829 |
|---|---|
| Date | Jul 10, 2008 |
| Book Page | 8/1829 |
| Name | GRAYSON NATIONAL BANK |
|---|
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Rate Type | Adjustable Rate |
|---|
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | GRAYSON VA |
| Recording Date | Mar 30, 2022 |
| Property Address | 155 RAINBOW CIR, INDEPENDENCE, VA 24348-3998 |
| Document Number | 0000669/72 |
| Book / Page | 669 / 72 |
| Instrument Date | Feb 09, 2022 |
| Instrument | 220000720 |
| Transaction Type | Transfer |
| Record Updated | Feb 06, 2025 |
| Title Company | ATTORNEY ONLY, ATTORNEY |
| Amount | Amount Recorded |
|---|---|
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $0.00 |
| Amount Accuracy | Full Amount Stated |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 3503 MARTHAS WAY, GARNET VALLEY, PA 19060-1772 |
| Document Number | 0220000721 |
|---|---|
| Date | Mar 30, 2022 |
| Instrument | 220000721 |
| Name | THE FIRST BANK AND TRUST COMPANY |
|---|
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Rate Type | Adjustable Rate |
|---|
| Document Type | Trustee's Deed |
|---|---|
| Jurisdiction | GRAYSON VA |
| Recording Date | Sep 13, 2018 |
| Property Address | 155 RAINBOW CIR, INDEPENDENCE, VA 24348-3998 |
| Document Number | 622/313 |
| Book / Page | 622 / 313 |
| Instrument Date | Sep 11, 2018 |
| Instrument | 180001693 |
| Transaction Type | Foreclosure |
| Record Updated | Oct 19, 2021 |
| Title Company | ATTORNEY |
| Amount | Amount Recorded |
|---|---|
| Downpayment | Downpayment on File |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $0.00 |
| Amount Accuracy | Full Amount Stated |
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 155 RAINBOW CIR, INDEPENDENCE, VA 24348-3998 |
| Document Number | 180001694 |
|---|---|
| Date | Sep 13, 2018 |
| Instrument | 180001694 |
| Name | SKYLINE NATIONAL BANK |
|---|
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Rate Type | Adjustable Rate |
|---|
| Document Type | Trustee's Deed |
|---|---|
| Jurisdiction | GRAYSON VA |
| Recording Date | Sep 13, 2018 |
| Property Address | 155 RAINBOW CIR, INDEPENDENCE, VA 24348-3998 |
| Document Number | 000622/313 |
| Book / Page | 622 / 313 |
| Instrument Date | Sep 11, 2018 |
| Instrument | 180001693 |
| Transaction Type | Foreclosure |
| Record Updated | Jun 01, 2026 |
| Title Company | ATTORNEY ONLY, ATTORNEY |
| Amount | Amount Recorded |
|---|---|
| Downpayment | Downpayment on File |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $0.00 |
| Amount Accuracy | Full Amount Stated |
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 155 RAINBOW CIR, INDEPENDENCE, VA 24348-3998 |
| Document Number | 0180001694 |
|---|---|
| Date | Sep 13, 2018 |
| Instrument | 180001694 |
| Name | SKYLINE NATIONAL BANK |
|---|
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Rate Type | Adjustable Rate |
|---|
Source: Grayson County records · Assessment roll updated June 1, 2026 · Last verified June 2026
| Type | Name |
|---|---|
| State | Virginia |
| County | Grayson County |
| Municipality | Independence Town |
| Unified School District | Grayson County Public Schools (PK - 12) |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $6,082.00 (+7.42%) | $1,048,700 (-) Land $74,000 Building $974,700 | $1,048,700 (-) Land $74,000 Building $974,700 |
| 2024 | $5,662.00 | ||
| 2023 | $5,662.00 | $1,048,700 Land $74,000 Building $974,700 | $1,048,700 Land $74,000 Building $974,700 |
Source: FEMA National Flood Hazard Layer, Grayson County (51077C), updated August 28, 2008 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified: October 2026
| FEMA Flood Zone | Zone X |
|---|---|
| Flood Hazard | Minimal |
| 500-Year Floodplain | No |
| Special Flood Hazard Area | No |
| Wildfire Risk | Moderate above 54% of the US · above 83% of Virginia |
|---|---|
| Wildfire Likelihood | About 1 in 781 per year |
| Exposure | Direct burnable vegetation at the parcel |
Values are read at the parcel center point; lenders make the official flood determination.
| Primary APN | 73A5-A-46A |
|---|---|
| Alternative APN |
|
| Bedrooms | 20 Beds |
|---|---|
| Full Baths | 40 Baths |
| Total Rooms | 45 Rooms |
| Building Area | 15,378 sqft Gross Area |
| Stories | 2 Stories |
| Primary Flooring | Carpet Flooring |
| Interior Structure | Wallboard/Drywall Interior Structure |
| Year Built | Built 2002 |
|---|---|
| Effective Year Built | Effective 2016 |
| Construction Type | Frame Construction |
| Roof Construction | Gable Roof Construction |
| Roof Material | Composition Shingle Roof |
| Lot Area | 107,506 sqft (2.46 acres) |
| Topography | Rolling Topography |
| Canopy Area | 720 sqft Canopy |
| Cooling System | HVAC Cooling |
|---|---|
| Heating System | Heat Pump Heating |
| Heating Fuel | Electric Heating Fuel |
| Sewage | Municipal Sewage |
| Water Source | Commercial Water Source |
| Account Number | 14720 |
|---|---|
| Street Address | 155 RAINBOW CIR |
| City | INDEPENDENCE |
| State | VA |
| Zip | 24348-3998 |
| Property Usage | Commercial Property Usage |
| Type | Commercial > Retail > Motel |
| Legal Description | 2.468 73A5-A-46A |
| Jurisdiction | GRAYSON VA |
| Minor Civil Division | ELK CREEK |
| Census Blockgroup | 3 |
| Census Block | 3025 |
| Census Tract | 60201 |
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