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210 Rainbow Ter

Black Mountain, NC 28711

3 bd 3 ba 1,708 sqft Built 2016 condo
Most recent sale
$426,500
Feb 21, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 21, 2024 Sold $426,500 CanopyMLS
Jan 18, 2024 Listed $425,000 CanopyMLS
Jun 7, 2019 Sold $259,900 CanopyMLS
May 31, 2018 Listed $259,900 CanopyMLS
Aug 8, 2005 Sold $65,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $257,200 $257,200 $2,354
2024 $257,200 $257,200 $2,156
2023 $257,200 $257,200 $2,106
2022 $257,200 $257,200 $2,042
2021 $257,200 $257,200 $2,042
2020 $180,000 $27,400 $207,400 $1,786
2018 $180,000 $27,400 $207,400 $1,786
2017 $1,151,500 $114,500 $1,266,000 $11,033
2016 $44,500 $44,500 $435
2015 $44,500 $44,500 $435
2014 $44,500 $44,500 $435
2013 $44,500 $44,500 $435
2012 $45,900 $45,900 $408
2011 $45,900 $45,900 $408
2010 $45,900 $45,900 $408
2009 $45,900 $45,900 $387
2008 $45,900 $45,900 $387
2007 $9,800 $45,900 $55,700 $470

Property facts

Year built
2016
Property type
condo
Stories
Beds
3
Baths
3
Living area
1,708 sqft
Lot size
ZIP code
28711
City
Black Mountain
Street
Rainbow Ter
Coordinates
35.63001, -82.31043

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,306
Gross rental yield
6.49%
Implied cap rate
4.22%
Trend-extrapolated value

Frequently asked questions

When did 210 Rainbow Ter last sell?
210 Rainbow Ter most recently sold on Feb 21, 2024 for $426,500.
What is the current tax assessment for 210 Rainbow Ter?
The most recent total assessment for 210 Rainbow Ter (year 2025) is $257,200 with $2,354 in property tax.
How does 210 Rainbow Ter's assessment compare to its last sale price?
The current assessment is 39.7% below the last sale price of $426,500.
When was 210 Rainbow Ter built?
210 Rainbow Ter was built in 2016.
How does 210 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 210 Rainbow Ter?
210 Rainbow Ter is a 3 bed, 3 bath, 1,708 sqft condo.
Is 210 Rainbow Ter a flip candidate?
No — 210 Rainbow Ter does not appear in our flips dataset.
Is 210 Rainbow Ter a tax-appeal candidate?
No — 210 Rainbow Ter is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly 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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