103 Rainbow Ln
Black Mountain, NC 28711
3 bd 3 ba 1,560 sqft Built 1990 Lot 7,405 sqft single_family
Most recent sale
$375,000
Oct 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 10, 2022 | Sold | $375,000 | MLS #3896229 |
| Aug 26, 2022 | Price changed | $375,000 | MLS #3896229 |
| Aug 19, 2022 | Listed | $400,000 | MLS #3896229 |
| Jun 5, 2019 | Sold | $215,000 | MLS #3410139 |
| Apr 16, 2019 | Relisted | $220,000 | MLS #3410139 |
| Dec 30, 2018 | Price changed | $230,000 | MLS #3410139 |
| Nov 28, 2018 | Price changed | $235,000 | MLS #3410139 |
| Nov 6, 2018 | Price changed | $239,000 | MLS #3410139 |
| Oct 1, 2018 | Price changed | $240,000 | MLS #3410139 |
| Sep 24, 2018 | Price changed | $249,900 | MLS #3410139 |
| Sep 5, 2018 | Price changed | $257,000 | MLS #3410139 |
| Aug 27, 2018 | Price changed | $259,000 | MLS #3410139 |
| Aug 5, 2018 | Listed | $265,000 | MLS #3410139 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $189,300 | $108,200 | $297,500 | $2,581 |
| 2024 | $189,300 | $108,200 | $297,500 | $2,494 |
| 2023 | $189,300 | $108,200 | $297,500 | $2,436 |
| 2022 | $163,400 | $108,200 | $271,600 | $2,156 |
| 2021 | $163,400 | $108,200 | $271,600 | $2,157 |
| 2020 | $138,600 | $34,800 | $173,400 | $1,494 |
| 2019 | $138,600 | $34,800 | $173,400 | $1,494 |
| 2018 | $138,600 | $34,800 | $173,400 | $1,493 |
| 2017 | $138,600 | $34,800 | $173,400 | $756 |
| 2016 | $142,600 | $34,800 | $177,400 | $868 |
| 2015 | $142,600 | $34,800 | $177,400 | $868 |
| 2014 | $142,600 | $34,800 | $177,400 | $868 |
| 2013 | $142,600 | $34,800 | $177,400 | $1,737 |
| 2012 | $142,400 | $33,500 | $175,900 | $1,566 |
| 2011 | $142,400 | $33,500 | $175,900 | $1,566 |
| 2010 | $142,400 | $33,500 | $175,900 | $1,566 |
| 2009 | $142,400 | $33,500 | $175,900 | $1,486 |
| 2008 | $142,400 | $33,500 | $175,900 | $1,486 |
| 2007 | $142,400 | $33,500 | $175,900 | $1,486 |
Property facts
Year built
1990
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,560 sqft
Lot size
7,405 sqft
ZIP code
28711
City
Black Mountain
Street
Rainbow Ln
Coordinates
35.62643, -82.31426
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,106
Gross rental yield
6.74%
Implied cap rate
4.38%
Trend-extrapolated value
—
Frequently asked questions
When did 103 Rainbow Ln last sell?
103 Rainbow Ln most recently sold on Oct 10, 2022 for $375,000.
What is the current tax assessment for 103 Rainbow Ln?
The most recent total assessment for 103 Rainbow Ln (year 2025) is $297,500 with $2,581 in property tax.
How does 103 Rainbow Ln's assessment compare to its last sale price?
The current assessment is 20.7% below the last sale price of $375,000.
When was 103 Rainbow Ln built?
103 Rainbow Ln was built in 1990.
How does 103 Rainbow Ln compare to others on Rainbow Ln?
We track 6 other properties on Rainbow Ln. Browse the list under "Other properties on Rainbow Ln" to compare beds, baths, and sale history.
What are the property facts for 103 Rainbow Ln?
103 Rainbow Ln is a 3 bed, 3 bath, 1,560 sqft, 7,405 sqft lot single_family.
Is 103 Rainbow Ln a flip candidate?
No — 103 Rainbow Ln does not appear in our flips dataset.
Is 103 Rainbow Ln a tax-appeal candidate?
No — 103 Rainbow Ln 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
Explore nearby
Geography
Other properties on Rainbow Ln