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168 Rainey St

Blowing Rock, NC 28605

2 bd 2 ba 1,312 sqft Built 1930 Lot 6,098 sqft single_family
Most recent sale
$759,000
Jan 5, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 5, 2024 Sold $759,000 HighCountry
Nov 21, 2023 Listed $759,000 HighCountry
Jan 20, 2023 Sold $700,000 HighCountry
Sep 16, 2022 Price changed $699,000 MLS #239276
Aug 12, 2022 Listed $725,000 MLS #239276
Sep 10, 2021 Sold $280,000 Public Record
May 18, 2021 Sold $45,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $360,400 $57,900 $418,300 $1,676
2024 $360,400 $57,900 $418,300 $3,106
2023 $247,000 $57,900 $304,900 $1,189
2022 $247,000 $57,900 $304,900 $2,177
2021 $170,700 $55,100 $225,800 $971
2020 $170,700 $55,100 $225,800 $881
2019 $170,700 $55,100 $225,800 $1,871
2018 $170,700 $55,100 $225,800 $1,713
2017 $170,700 $55,100 $225,800 $1,713
2016 $170,700 $55,100 $225,800 $787
2015 $170,700 $55,100 $225,800 $787
2014 $170,700 $55,100 $225,800 $787
2013 $156,100 $55,100 $211,200 $723
2010 $156,100 $55,100 $211,200 $723
2008 $156,100 $55,100 $211,200 $723

Property facts

Year built
1930
Property type
single_family
Stories
Beds
2
Baths
2
Living area
1,312 sqft
Lot size
6,098 sqft
ZIP code
28605
City
Blowing Rock
Street
Rainey St
Coordinates
36.13592, -81.67851

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
$4,554
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 168 Rainey St last sell?
168 Rainey St most recently sold on Jan 5, 2024 for $759,000.
What is the current tax assessment for 168 Rainey St?
The most recent total assessment for 168 Rainey St (year 2025) is $418,300 with $1,676 in property tax.
How does 168 Rainey St's assessment compare to its last sale price?
The current assessment is 44.9% below the last sale price of $759,000.
When was 168 Rainey St built?
168 Rainey St was built in 1930.
How does 168 Rainey St compare to others on Rainey St?
We track 2 other properties on Rainey St. Browse the list under "Other properties on Rainey St" to compare beds, baths, and sale history.
What are the property facts for 168 Rainey St?
168 Rainey St is a 2 bed, 2 bath, 1,312 sqft, 6,098 sqft lot single_family.
Is 168 Rainey St a flip candidate?
Yes — 168 Rainey St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 168 Rainey St a tax-appeal candidate?
No — 168 Rainey St 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
+4.9%
Implied 1-yr
+19.4%
2026 Q3
$1.05M
2026 Q4
$1.09M
ZIP 28605 — Median Price History + Forecast

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