208 Rainbow Ter
Black Mountain, NC 28711
3 bd 3 ba 1,610 sqft Built 2018 Lot 1,307 sqft townhomes
Most recent sale
$412,500
Nov 3, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 9, 2025 | Listed for rent | $2,595 | Avail |
| Jun 12, 2025 | Price changed for rent | $2,595 | Avail |
| Jun 1, 2025 | Listed for rent | $2,695 | Avail |
| Feb 24, 2024 | Listing removed | — | Avail |
| Feb 18, 2024 | Listed for rent | $2,695 | Avail |
| Dec 29, 2023 | Listing removed | — | Avail |
| Dec 8, 2023 | Listed for rent | $2,695 | Avail |
| Nov 14, 2023 | Listing removed | — | Avail |
| Nov 8, 2023 | Listed for rent | $2,695 | Avail |
| Nov 3, 2023 | Sold | $412,500 | CanopyMLS |
| Oct 4, 2023 | Listed | $435,000 | CanopyMLS |
| Jul 27, 2021 | Sold | $338,000 | CanopyMLS |
| Jun 4, 2021 | Price changed | $335,000 | CanopyMLS |
| May 28, 2021 | Listed | $345,000 | CanopyMLS |
| Feb 15, 2019 | Sold | $259,900 | CanopyMLS |
| Feb 8, 2019 | Relisted | $259,900 | CanopyMLS |
| Feb 7, 2019 | Listing removed | $259,900 | CanopyMLS |
| May 31, 2018 | Listed | $259,900 | CanopyMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $258,400 | — | $258,400 | $2,249 |
| 2024 | $258,400 | — | $258,400 | $2,166 |
| 2023 | $258,400 | — | $258,400 | $2,116 |
| 2022 | $258,400 | — | $258,400 | $2,051 |
| 2021 | $258,400 | — | $258,400 | $2,051 |
| 2020 | $180,800 | $27,400 | $208,200 | $1,793 |
| 2018 | $180,000 | $27,400 | $207,400 | $1,786 |
Property facts
Year built
2018
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,610 sqft
Lot size
1,307 sqft
ZIP code
28711
City
Black Mountain
Street
Rainbow Ter
Coordinates
35.62995, -82.31045
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
$2,174
Gross rental yield
6.32%
Implied cap rate
4.11%
Trend-extrapolated value
—
Frequently asked questions
When did 208 Rainbow Ter last sell?
208 Rainbow Ter most recently sold on Nov 3, 2023 for $412,500.
What is the current tax assessment for 208 Rainbow Ter?
The most recent total assessment for 208 Rainbow Ter (year 2025) is $258,400 with $2,249 in property tax.
How does 208 Rainbow Ter's assessment compare to its last sale price?
The current assessment is 37.4% below the last sale price of $412,500.
When was 208 Rainbow Ter built?
208 Rainbow Ter was built in 2018.
How does 208 Rainbow Ter compare to others on Rainbow Ter?
We track 8 other properties on Rainbow Ter. Browse the list under "Other properties on Rainbow Ter" to compare beds, baths, and sale history.
What are the property facts for 208 Rainbow Ter?
208 Rainbow Ter is a 3 bed, 3 bath, 1,610 sqft, 1,307 sqft lot townhomes.
Is 208 Rainbow Ter a flip candidate?
No — 208 Rainbow Ter does not appear in our flips dataset.
Is 208 Rainbow Ter a tax-appeal candidate?
No — 208 Rainbow Ter 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 Ter