NOT LISTED FOR SALE

Estimated Value: $480,000 - $667,000

3 Beds
3 Baths
2,924 Sq Ft
$189/Sq Ft Est. Value

Sale Details

Date Sold: October 8, 2025

Last sale price $475,000 $162 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,358 / mo

39 Days on Market

Highlights

  • River Front
  • 1.19 Acre Lot
  • Attic
  • Finished Room Over Garage
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of October 2025

Rare opportunity to own waterfront property snuggly perched on the historic James river with stunning views. Welcome to 10409 Rainbow Rd, set on two parcels totaling a sprawling 1.87-acres in serene Carrollton, Isle of Wight County. Built in 1948, this charming 3-bedroom, 3-bath home offers approximately 2,924 sq ft of potential for the right handyman. Includes an attached garage with plenty of space for a workshop as well as a huge detached 3 car garage with 2nd level apartment with 1st floor kitchen. Outside, the generous lot provides spectacular sun rise views. Imagine gardens, outdoor living, or play spaces amid peaceful surroundings. Upgrade the existing structures to make them your own or start fresh and build new to take full advantage of this friendly suburban enclave that balances convenience with country charm. Don’t miss your chance to make this classic Carrollton gem your own!

Last Agent to Sell the Property

Andrew Christie

Atlantic Sothebys Int'l Realty Listed on: 08/29/2025

Atlantic Sothebys Int'l Realty

Last Buyer's Agent

Cheryl Huotte

Metro Brokers of Hampton Roads

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $521

Year Built

  • Built in 1948

Lot Details

  • 1.19 Acre Lot
  • River Front
  • Property is zoned NC

Home Design

  • Bungalow
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,924 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Decorative Fireplace
  • Workshop
  • Sun or Florida Room
  • Utility Closet
  • Water Views
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Parking

  • 4 Garage Spaces | 1 Attached and 3 Detached
  • Finished Room Over Garage
  • Parking Available

Outdoor Features

  • Porch

Schools

  • Smithfield Elementary School
  • Smithfield Middle School
  • Smithfield High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Well
  • Oil Water Heater
  • Septic System

Community Details

  • No Home Owners Association
  • Carrollton Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$521

Year Built

Built in 1948

Lot Details

1.19 Acres

Listing Details

  • HOA YN: No
  • Property Type: Residential
  • Property Sub Type: Detached
  • Property Type - Cross Property: Detached Residential
  • Style: Bungalow
  • GarageYN: Yes
  • AICUZ - Crash: None
  • AICUZ - Noise: N/A
  • Master Model: No
  • LP/ Sq Ft: 205.16
  • Estimated Year Built: 1948
  • Address Street Name Website: Rainbow
  • Address Website: 10409 Rainbow RD
  • Fence: No
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 1
  • Year Built: 1948

Interior Features

  • Interior Amenities: Fireplace Decorative, Pull Down Attic Stairs, Walk-In Attic, Walk-In Closet
  • Fireplaces Number: 1
  • Equipment: Ceiling Fan
  • Flooring Type: Carpet, Wood
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: 1st Floor BR, 1st Floor Primary BR, Attic, Fin. Rm Over Gar, In-Law Suite, PBR with Bath, Pantry, Porch, Sun Room, Utility Closet, Workshop
  • Appliances: Microwave, Elec Range, Refrigerator
  • Stories Number: 1.0000
  • Estimated Sq Ft: 2924

Exterior Features

  • Exterior Siding: Vinyl
  • Fence Description: None
  • Foundation Type: Crawl
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • View: Water
  • Waterfront Description: River

Garage/Parking

  • Parking: Garage Att 1 Car, Garage Det 3+ Car, 4 Space, Multi Car

Utilities

  • Sewer Type: Septic
  • Water Heater Type: Oil
  • Water Type: Well
  • Cooling: None
  • Heating: Forced Hot Air

Lot Info

  • Waterfront YN: Yes
  • Zoning: NC
  • Estimated Acres: 1.1900

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 521

MLS Schools

  • Elementary School: Smithfield
  • School High School: Smithfield
  • Middle School: Smithfield Middle

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2025
Closed on
Oct 7, 2025
Sold by
Bought by
Seller's Agent
Andrew Christie
Atlantic Sothebys Int'l Realty
Buyer's Agent
Cheryl Huotte
Metro Brokers of Hampton Roads
List Price
$599,900
Sold Price
$475,000
Premium/Discount to List
-$124,900
-20.82%
Views
296
Current Estimated Value
$551,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,866
Avg. Annual Appreciation
20.34%

Purchase Details

Closed on
Nov 4, 2020
Sold by
Bought by

Purchase Details

Closed on
Jan 29, 2009
Sold by

Purchase Details

Closed on
Mar 11, 2004

Purchase Details

Closed on
Dec 12, 2000
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Carrollton, VA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$475,000 Chicago Title
-- Hyatt Timothy R
-- --
$360,000 --
$330,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/08/2025 10/08/25 Sold $475,000 -20.8% $162 / Sq Ft
10/08/2025 10/08/25 Pending -- -- --
08/29/2025 08/29/25 For Sale $599,900 -- $205 / Sq Ft
Source: Real Estate Information Network (REIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,894 $502,500 $255,000 $247,500
2024 $3,668 $502,500 $255,000 $247,500
2023 $3,622 $502,500 $255,000 $247,500
2022 $4,062 $471,500 $255,000 $216,500
2021 $4,062 $471,500 $255,000 $216,500
2020 $4,062 $471,500 $255,000 $216,500
2019 $4,062 $471,500 $255,000 $216,500
2018 $11,036 $461,000 $255,000 $206,000
2016 $3,991 $461,000 $255,000 $206,000
2015 $3,978 $461,000 $255,000 $206,000
2014 $3,978 $459,500 $255,000 $204,500
2013 -- $459,500 $255,000 $204,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10599594

Real Estate Information Network (REIN)

APN: 15A-03-000B

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