348 Rainbow Cir, Independence, VA 24348 Property Records

Grayson County property record for 348 Rainbow Cir, Independence, VA 24348 · Last verified June 2026

Property Summary

Property TypeSingle Family Home
Details3 bd · 1 ba · 1,245 sqft · built 1970
Lot Size0.275 acres (11,979 sqft)
Owner2 Individual Names on File
Last Sale$230,000 (Aug 2025)
Tax Bill$557 (2025)
Deeds & MortgagesJul 2020 Sale
Flood ZoneZone X (minimal risk)
APN73A3-2-3

Property Details

APN / Parcel Number

Primary APN73A3-2-3
Alternative APN
  • 8126

Interior

Bedrooms3 Beds
Full Baths1 Bath
Total Rooms5 Rooms
Stories1 Story
Building Area1,245 sqft Living Area
Gross Area2,944 sqft
1st Floor Area1,113 sqft
Basement Area1,113 sqft
Unfinished Basement1,113 sqft
FlooringCarpet
Interior WallsWallboard/Drywall

Exterior

Year BuiltBuilt 1970
Effective Year BuiltEffective 1992
Exterior MaterialBrick
Roof TypeGable
Roof MaterialComposition Shingle
Lot Area11,979 sqft (0.275 acres)
TerrainSteep
Garage TypeCarport
Garage Area192 sqft
CarportCarport
Carport Area192 sqft
PorchPorch
Deck Area280 sqft

Utilities, Heating & Cooling

Cooling SystemNone
Heating SystemForced Air with A/C
Heating FuelOil
SewerMunicipal
Water SourceCommercial

Location & Zoning

Account Number8126
Street Address348 RAINBOW CIR
CityINDEPENDENCE
StateVA
Zip24348-3834
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal Description0.275 73A3-2-3
Legal SubdivisionWILLIAM J WRIGHT
JurisdictionGRAYSON VA
Township / Civil DivisionELK CREEK
Census Block Group3
Census Block3025
Census Tract60201

Owner

Source: Grayson County records · APN 73A3-2-3

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 Record2 Individual Names on File
Mailing Address348 RAINBOW CIR, INDEPENDENCE, VA 24348-3834
OccupancyOwner Occupied
Owner TypeIndividual
VestingJoint Tenants

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Last SaleAug 18, 2025 · Amount on Record
Deed SaleAug 18, 2025 · Amount on Record
Prior SaleJul 29, 2020 · Amount on Record
Deed Document Number20251544
Deed Book / Page709 / 937
Record UpdatedSep 20, 2026

July 2020: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionGRAYSON VA
Recording DateJul 29, 2020
Property Address348 RAINBOW CIR, INDEPENDENCE, VA 24348-3834
Document Number643/872
Book / Page643 / 872
Instrument DateJul 28, 2020
Instrument200001419
Transaction TypeTransfer
Record UpdatedOct 19, 2021
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

AmountAmount Recorded
Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address117 MORTON DR, INDEPENDENCE, VA 24348-3822
InvestorPossibly a Property Investor

Tax Assessment & Valuation

Source: Grayson County records · Assessment roll updated June 1, 2026 · Last verified June 2026

Property Jurisdictions

TypeName
StateVirginia
CountyGrayson County
MunicipalityIndependence Town
Unified School DistrictGrayson County Public Schools (PK - 12)

Tax Bill & Assessment History

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

YearTax BillAssessed ValueAssessed Market Value
2025$557.00 (+7.32%)$96,200 (-) Land $11,000 Building $85,200$96,200 (-) Land $11,000 Building $85,200
2023$519.00$96,200 Land $11,000 Building $85,200$96,200 Land $11,000 Building $85,200

Flood & Wildfire

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

Flood

FEMA Flood ZoneZone X
Flood HazardMinimal
500-Year FloodplainNo
Special Flood Hazard AreaNo

Wildfire

Wildfire RiskModerate
above 46% of the US · above 73% of Virginia
Wildfire LikelihoodAbout 1 in 1,299 per year
ExposureDirect
burnable vegetation at the parcel

Values are read at the parcel center point; lenders make the official flood determination.

Nearby Properties on Rainbow Cir

Nearby Streets

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