42 Rainbow Lake Cir
Black Mountain, NC 28711
2 bd 2 ba 699 sqft Built 1971 Lot 37,026 sqft single_family
Most recent sale
$186,900
Nov 10, 2020
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 10, 2025 | Sold | $360,000 | CanopyMLS |
| Jan 3, 2023 | Sold | $340,000 | CanopyMLS |
| Oct 18, 2022 | Price changed | $340,000 | MLS #3900418 |
| Sep 7, 2022 | Listed | $325,000 | MLS #3900418 |
| Nov 10, 2020 | Sold | $186,900 | MLS #3673897 |
| Aug 13, 2020 | Sold | $110,000 | MLS #3641400 |
| Jun 5, 2017 | Sold | $74,000 | MLS #3206409 |
| Sep 23, 2016 | Price changed | $85,000 | MLS #3206409 |
| Aug 14, 2016 | Listed | $95,000 | MLS #3206409 |
| Mar 23, 2015 | Listing removed | $96,000 | NWCarolina |
| Dec 26, 2014 | Listed | $96,000 | MLS #571080 |
| Sep 3, 2014 | Listing removed | $96,000 | NWCarolina |
| Jul 7, 2014 | Relisted | $96,000 | MLS #561107 |
| Jul 2, 2014 | Listing removed | $96,000 | NWCarolina |
| May 6, 2014 | Listed | $96,000 | MLS #561107 |
| Aug 14, 2003 | Sold | $51,000 | Public Record |
| Nov 22, 1993 | Sold | $29,000 | Public Record |
| Dec 29, 1986 | Sold | $23,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $154,900 | $23,700 | $178,600 | $1,261 |
| 2024 | $154,900 | $23,700 | $178,600 | $1,210 |
| 2023 | $144,900 | $33,700 | $178,600 | $1,175 |
| 2022 | $128,700 | $33,700 | $162,400 | $1,052 |
| 2021 | $128,700 | $33,700 | $162,400 | $1,052 |
| 2020 | $61,000 | $19,200 | $80,200 | $553 |
| 2019 | $46,600 | $19,200 | $65,800 | $553 |
| 2018 | $61,000 | $19,200 | $80,200 | $552 |
| 2017 | $46,600 | $19,200 | $65,800 | $447 |
| 2016 | $36,900 | $19,200 | $56,100 | $417 |
| 2015 | $36,900 | $19,200 | $56,100 | $417 |
| 2014 | $36,900 | $19,200 | $56,100 | $417 |
| 2013 | $36,900 | $19,200 | $56,100 | $417 |
| 2012 | $37,300 | $15,700 | $53,000 | $331 |
| 2011 | $37,300 | $15,700 | $53,000 | $331 |
| 2010 | $37,300 | $15,700 | $53,000 | $331 |
| 2009 | $37,300 | $15,700 | $53,000 | $331 |
| 2008 | $37,300 | $15,700 | $53,000 | $331 |
| 2007 | $37,300 | $15,700 | $53,000 | $331 |
Property facts
Year built
1971
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
699 sqft
Lot size
37,026 sqft
ZIP code
28711
City
Black Mountain
Street
Rainbow Lake Cir
Coordinates
35.48052, -82.25430
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsFrequently asked questions
When did 42 Rainbow Lake Cir last sell?
42 Rainbow Lake Cir most recently sold on Nov 10, 2020 for $186,900.
What is the current tax assessment for 42 Rainbow Lake Cir?
The most recent total assessment for 42 Rainbow Lake Cir (year 2025) is $178,600 with $1,261 in property tax.
How does 42 Rainbow Lake Cir's assessment compare to its last sale price?
The current assessment is 4.4% below the last sale price of $186,900.
When was 42 Rainbow Lake Cir built?
42 Rainbow Lake Cir was built in 1971.
How does 42 Rainbow Lake Cir compare to others on Rainbow Lake Cir?
We track 2 other properties on Rainbow Lake Cir. Browse the list under "Other properties on Rainbow Lake Cir" to compare beds, baths, and sale history.
What are the property facts for 42 Rainbow Lake Cir?
42 Rainbow Lake Cir is a 2 bed, 2 bath, 699 sqft, 37,026 sqft lot single_family.
Is 42 Rainbow Lake Cir a flip candidate?
Yes — 42 Rainbow Lake Cir appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 42 Rainbow Lake Cir a tax-appeal candidate?
No — 42 Rainbow Lake Cir is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.9%
Implied 1-yr
+3.5%
2026 Q3
$512.3K
2026 Q4
$516.5K
ZIP 28711 — Median Price History + Forecast
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