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Newport NewsARBORS534 Rainbow Ct #102✓ Source: REIN MLS #10632503 · record updated May 30, 2026 · synced every 2 min · your inquiry is never resold
534 Rainbow CT #102, NEWPORT NEWS VA 23608 - Main photo
$164,900
$132 / sqft · est. $1,369/mo →
2beds
2baths
1,250sqft
30days on market

534 Rainbow Ct #102, Newport News, VA 23608

Off MarketResidential · built 1990 · ARBORS

About this home

The listing, in the seller's words

Opportunity knocks at 534 Rainbow Ct #102 in Newport News! This well-maintained, no-frills condo offers a practical layout with comfortable living space, making it an excellent choice for an investor looking to expand a rental portfolio. The unit features a functional kitchen, spacious living area, and ample natural light throughout. Conveniently located near shopping, dining, and major commuter routes, this property provides easy access to everything the Peninsula has to offer.

Listing courtesy of Mia Douglass · Keller Williams Realty Twn Ctr · REIN MLS #10632503

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

1990

Price / sqft

$132

Condo fee

$300/mo

Taxes

$1,985/yr

County

Newport News VA

MLS #

10632503

Interior

Bedrooms
2
Full baths
2
Approx. sqft
1,250
Stories
1
Flooring
Laminate/LVP, Vinyl
First-floor bed & full bath
Yes
Total rooms
4
Appliances
Dishwasher, Elec Range, Refrigerator

Construction & exterior

Style
Other
Subtype
Attached
Foundation
Slab
Roof
Asphalt Shingle
Exterior
Brick
Pool
No Pool

Utilities & systems

Heating
Heat Pump W/A
Cooling
Heat Pump W/A
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
ARBORS
Unit / floor
1
Ownership
Condo
Garage
No
Parking
Assigned/Reserved
Possession
SETTLEMENT

See more Newport News condos & townhomes.

Sources: REIN MLS record · null fields are suppressed, never faked

Flood & environment

FEMA flood zone X · outside the high-risk area · FIRM 510103

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Not in a designated hurricane evacuation zone.

Source: Virginia Dept. of Emergency Management — Know Your Zone

Explore this neighborhood

Stoneybrook Estates

Stoneybrook Estates is an established single-family neighborhood in the Denbigh area of Newport News, with access from Warwick Boulevard onto Snidow Boulevard in the 23608 ZIP code.

$332K

Median sale · 12 mo

$204

Sold $/sq ft

18d

Days on market

4

For sale now

$51K

HH income

32.9%

Owner-occupied

REIN MLS closed sales, trailing 12 mo · U.S. Census ACS 2024 5-year

Explore Stoneybrook Estates
Map of Stoneybrook Estates with neighborhood boundaryNeighborhood

Newport News real estate

Location intelligence

Minutes to real places, not a score

Location & Neighborhood

Places within ~1 mile, ordered by distance from this property. Powered by Google Places.

Military Commute

Drive times to nearest bases

Drive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.

The numbers

Run the real carrying cost

Estimates only — taxes come from the public record; confirm rates with your lender. VA-eligible buyers: $0-down financing may apply.

Estimate your monthly payment

$1,069/mo

Principal & interest

$856

Property tax

$165

Home insurance

$48

PMI

None

HOA/Condo (paid separately)

$300

Estimate only. Association (HOA/condo) fees are paid separately and are not included in the payment above. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.

Value & history

Judge value on real ground

Why we show no algorithmic estimate.

National AVMs misprice homes whose value drivers they can't see. Instead: the sourced assessment above, the carrying cost, real price history, and honest comparables below.

Price context — similar nearby homes

$170,000$334,900

The 6 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 6 sold). Context for judging the asking price — not an appraisal or an estimate of this home's value.

48 Rexford DR · 0.7 mi · 1,205 sqft$300,000 sold 2026-03
32 Astor DR · 0.7 mi · 1,339 sqft$275,000 sold 2026-04
6 Barron DR · 0.6 mi · 1,451 sqft$334,900 sold 2026-03

Sale & Tax History

List Price

$164,900

Price / Sq Ft

$132

Annual Taxes

$1,985

Monthly Tax

$165

Condo fee

$300 / mo

Tax Rate (effective)

1.20%

Sale Timeline (this listing)

EventDatePriceDetail
ListedApr 30, 2026$164,900
Price reducedMay 19, 2026$164,900−$5,000
Currently listed$164,900

Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:

Newport News Real Estate Assessor

Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.

Comparable Properties

Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.

Questions buyers ask

Real questions, answered from the record

Is 534 Rainbow Ct #102 in a good school zone?+
The assigned zones on the listing record are Stoney Run Elementary (GreatSchools 3/10), Mary Passage Middle (GreatSchools 2/10), Denbigh (GreatSchools 3/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 534 Rainbow Ct #102 in a flood zone?+
FEMA maps this parcel in Zone X, outside the high-risk Special Flood Hazard Area. See the flood section on this page for details and sources.
Is there a gym near 534 Rainbow Ct #102?+
Yes — Forged Iron Training is about 0.8 miles away, per the cached nearby-places record for this address.
Are there parks near 534 Rainbow Ct #102?+
Stoney Run Park is about 0.5 miles away.
Where is the nearest grocery store to 534 Rainbow Ct #102?+
Food Lion is about 0.5 miles away. The closest dining on record is Michoacana La Mexicana LLC (0.4 mi).
Does 534 Rainbow Ct #102 have a condo association?+
Yes — condo association fees are on record for this unit (the current amount is shown in the facts section on this page). The association of record is THE ARBORS.
When was 534 Rainbow Ct #102 built?+
It was built in 1990, per the listing record.

Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data — never invented.

The people

You'll talk to a person, not a lead queue

TD

Tom & Dariya Milan

LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of Mia Douglass · Keller Williams Realty Twn Ctr · REIN MLS #10632503

Call or text (757) 777-7577

Ask Dariya — instant answers

Schools, flood, drive times, what it really costs to own — answered from this page's data, by chat or voice.

Schedule a private tour

Free, no obligation — your inquiry goes to Tom & Dariya, never resold.

See it in person — the record only says so much.

Call or text (757) 777-7577

534 Rainbow Ct #102, Newport News, Virginia 23608 · MLS #10632503 · Source: REIN MLS + public record. Information deemed reliable but not guaranteed — verify independently. School zones subject to change; confirm with the local school division. All locations are described by neutral geographic fact. Equal Housing Opportunity.