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488 Rainbow Cir

Kingsport, TN 37660

4 bd 3 ba 2,796 sqft Built 1982 Lot 15,000 sqft single_family
Most recent sale
$270,000
Oct 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 18, 2022 Sold $270,000 Public Record
Oct 14, 2022 Sold $270,000 TNVARegionalMLS
Aug 31, 2022 Listed $275,000 MLS #9942888
Sep 12, 2017 Sold $138,000 Public Record
Sep 8, 2017 Sold $138,000 TNVARegionalMLS
Jun 27, 2017 Price changed $135,000 MLS #388354
Mar 3, 2017 Listed $145,900 MLS #388354
Oct 22, 2013 Sold $134,000 Public Record
Oct 21, 2013 Sold $134,000 TNVARegionalMLS
Aug 31, 2013 Price changed $139,000 MLS #334334
May 31, 2013 Listed $149,000 MLS #334334
Feb 14, 2013 Sold $40,000 Public Record
Feb 8, 2013 Sold $40,000 TNVARegionalMLS
Dec 10, 2012 Price changed $49,900 MLS #325657
Nov 7, 2012 Price changed $54,900 MLS #325657
Oct 4, 2012 Listed $71,900 MLS #325657
Sep 23, 1993 Sold $71,875 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $37,875 $973
2019 $37,875 $973
2018 $37,875 $966
2017 $37,875 $966
2016 $32,550 $838
2015 $32,550 $838
2014 $32,550 $750
2013 $32,550 $750
2012 $32,550 $759
2011 $32,550 $694
2010 $32,550 $694
2009 $32,550 $694
2008 $26,550 $672

Property facts

Year built
1982
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,796 sqft
Lot size
15,000 sqft
ZIP code
37660
City
Kingsport
Street
Rainbow Cir
Coordinates
36.58893, -82.48814

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
$1,620
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 488 Rainbow Cir last sell?
488 Rainbow Cir most recently sold on Oct 18, 2022 for $270,000.
What is the current tax assessment for 488 Rainbow Cir?
The most recent total assessment for 488 Rainbow Cir (year 2020) is $37,875 with $973 in property tax.
How does 488 Rainbow Cir's assessment compare to its last sale price?
The current assessment is 86.0% below the last sale price of $270,000.
When was 488 Rainbow Cir built?
488 Rainbow Cir was built in 1982.
How does 488 Rainbow Cir compare to others on Rainbow Cir?
We track 8 other properties on Rainbow Cir. Browse the list under "Other properties on Rainbow Cir" to compare beds, baths, and sale history.
What are the property facts for 488 Rainbow Cir?
488 Rainbow Cir is a 4 bed, 3 bath, 2,796 sqft, 15,000 sqft lot single_family.
Is 488 Rainbow Cir a flip candidate?
No — 488 Rainbow Cir does not appear in our flips dataset.
Is 488 Rainbow Cir a tax-appeal candidate?
No — 488 Rainbow Cir 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
-1.0%
Implied 1-yr
-4.0%
2026 Q3
$261.8K
2026 Q4
$259.1K
ZIP 37660 — Median Price History + Forecast

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