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204 Rainbow Dr

Stanley, NC 28164

3 bd 2 ba 1,495 sqft Built 1991 Lot 46,609 sqft single_family
Most recent sale
$253,000
Nov 12, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 12, 2021 Sold $253,000 MLS #3789183
Oct 8, 2021 Listed $249,900 MLS #3789183
Nov 16, 2018 Sold $163,500 MLS #3440065
Oct 2, 2018 Listed $164,900 MLS #3440065
Aug 27, 2018 Sold $146,000 Public Record
Feb 12, 2016 Sold $118,000 Public Record
Apr 10, 2014 Sold $117,000 Public Record
Dec 31, 2013 Listing removed $129,000 CanopyMLS
Oct 15, 2013 Price changed $129,000 MLS #2156178
Oct 14, 2013 Price changed $135,000 MLS #2156178
May 29, 2013 Listed $139,000 MLS #2156178
Apr 18, 2000 Sold $112,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $230,500 $24,540 $255,040 $1,820
2024 $230,500 $24,540 $255,040 $1,820
2023 $230,500 $24,540 $255,040 $1,772
2022 $131,960 $18,910 $150,870 $1,388
2021 $131,960 $18,910 $150,870 $1,408
2020 $131,960 $18,910 $150,870 $1,393
2019 $131,960 $18,910 $150,870 $1,408
2018 $116,658 $17,339 $133,997 $1,273
2017 $116,658 $17,339 $133,997 $1,273
2016 $116,658 $17,339 $133,997 $1,273
2015 $116,658 $17,339 $133,997 $1,273
2014 $110,023 $27,112 $137,135 $1,289
2013 $110,023 $27,112 $137,135 $1,289
2012 $110,023 $27,112 $137,135 $1,241
2010 $110,023 $26,500 $136,523 $1,236
2009 $110,023 $26,500 $136,523 $1,225
2008 $110,023 $26,500 $136,523 $1,225
2007 $110,023 $26,500 $136,523 $1,231

Property facts

Year built
1991
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,495 sqft
Lot size
46,609 sqft
ZIP code
28164
City
Stanley
Street
Rainbow Dr
Coordinates
35.34864, -81.13286

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
$2,018
Gross rental yield
9.57%
Implied cap rate
6.22%
Trend-extrapolated value

Frequently asked questions

When did 204 Rainbow Dr last sell?
204 Rainbow Dr most recently sold on Nov 12, 2021 for $253,000.
What is the current tax assessment for 204 Rainbow Dr?
The most recent total assessment for 204 Rainbow Dr (year 2025) is $255,040 with $1,820 in property tax.
How does 204 Rainbow Dr's assessment compare to its last sale price?
The current assessment is 0.8% above the last sale price of $253,000.
When was 204 Rainbow Dr built?
204 Rainbow Dr was built in 1991.
How does 204 Rainbow Dr compare to others on Rainbow Dr?
We track 2 other properties on Rainbow Dr. Browse the list under "Other properties on Rainbow Dr" to compare beds, baths, and sale history.
What are the property facts for 204 Rainbow Dr?
204 Rainbow Dr is a 3 bed, 2 bath, 1,495 sqft, 46,609 sqft lot single_family.
Is 204 Rainbow Dr a flip candidate?
No — 204 Rainbow Dr does not appear in our flips dataset.
Is 204 Rainbow Dr a tax-appeal candidate?
No — 204 Rainbow Dr 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
+4.7%
Implied 1-yr
+18.7%
2026 Q3
$512.1K
2026 Q4
$530.5K
ZIP 28164 — Median Price History + Forecast

Explore nearby

Other properties on Rainbow Dr