206 Rainbow Dr, Galax, VA 24333 Property Records

Carroll County property record for 206 Rainbow Dr, Galax, VA 24333

Property Summary

Property Type	Single Family Home
Lot Size	1.04 acres (45,604 sqft)
Owner	2 Individual Names on Record
Last Sale	$340,000 (Oct 2024)
Tax Bill	$1,813 (2026)
Deeds & Mortgages	Nov 2021 Line of Credit Mar 2021 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`123-1-25`

Property Details

APN / Parcel Number

Primary APN	`123-1-25`
Alternative APN	`16826`

Exterior

Lot Area	45,604 sqft (1.04 acres)

Location & Zoning

Account Number	16826
Street Address	206 RAINBOW DR
City	GALAX
State	VA
Zip	24333-6555
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	HANKS INC
Legal Subdivision	HANKS SUBDIVISION
Jurisdiction	CARROLL VA
Township / Civil Division	PIPER GAP
Census Block Group	2
Census Block	2023
Census Tract	80402

Owner

Source: Carroll County records, as of October 8, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	2 Individual Names on Record
Mailing Address	206 RAINBOW DR, GALAX, VA 24333-6555
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Nov 30, 2021	Deed of Trust, Mortgage · Line of Credit HOMETRUST BANK
Mar 30, 2021	Deed, Transfer · Conventional Mortgage HOMETRUST BANK

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Oct 15, 2024 · Amount on Record
Deed Sale	Oct 15, 2024 · Amount on Record
Prior Sale	Mar 30, 2021 · Amount on Record
Deed Document Number	20243158
Deed Book / Page	1246 / 692
Record Updated	Oct 29, 2026

November 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CARROLL VA
Property Address	206 RAINBOW DR, GALAX, VA 24333-6555
Transaction Type	Mortgage
Record Updated	Dec 27, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	206 RAINBOW DR, GALAX, VA 24333-6555

Mortgage

Document Number	001182/230
Date	Nov 30, 2021
Book Page	1182/230
Instrument	210005036

Lender

Name	HOMETRUST BANK
Type	Bank
Address	ASHEVILLE, NC 28801

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

March 2021: Deed, Transfer

Document Type	Deed
Jurisdiction	CARROLL VA
Recording Date	Mar 30, 2021
Property Address	206 RAINBOW DR, GALAX, VA 24333-6555
Document Number	1160/785
Book / Page	1160 / 785
Map Reference	MB 338 PG 162
Instrument Date	Mar 29, 2021
Instrument	210001183
Transaction Type	Transfer
Record Updated	Oct 18, 2021

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$185.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	206 RAINBOW DR, GALAX, VA 24333-6555

Mortgage

Document Number	210001184
Date	Mar 30, 2021
Instrument	210001184

Lender

Name	HOMETRUST BANK
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Apr 1, 2051

Tax Assessment & Valuation

Source: Carroll County assessment roll, as of October 8, 2026

Property Jurisdictions

Type	Name
State	Virginia
County	Carroll County
Unified School District	Carroll County Public Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$1,813.00	$370,200 (-) Land $15,000 Building $355,200	$370,200 (-) Land $15,000 Building $355,200
2025	$1,813.00 (+51.72%)	$370,200 (+82.63%) Land $15,000 Building $355,200	$370,200 (+82.63%) Land $15,000 Building $355,200
2023	$1,195.00	$202,700 Land $12,000 Building $190,700	$202,700 Land $12,000 Building $190,700

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective August 28, 2008 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Moderate above 53% of the US · above 82% of Virginia
Wildfire Likelihood	0.1% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 29 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	1,200 / 35
Fastlink Communications Fixed Wireless	100 / 25

May also be available: Verizon.

Nearby Properties on Rainbow Dr

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures