Seller's Agent in 2022
BROOKE MILLER
HomeSmart, Evergreen Realty
(714) 728-1255
9 in this area
75 Total Sales
1042 W Rainbow Falls Way Orange, CA 92865
Estimated Value: $1,048,000 - $1,136,000
4
Beds
2.5
Baths
1,987
Sq Ft
$548/Sq Ft
Est. Value
Highlights
- No Units Above
- Cathedral Ceiling
- Neighborhood Views
- Fletcher Mandarin Language & Gate Academy Rated A-
- Main Floor Primary Bedroom
- Community Pool
About This Home
As of March 2022This River Trail home boasts an amazing layout with the generous master is downstairs and three additional bedrooms upstairs. The first thing you'll notice when you arrive is the cul-de-sac location and huge deep driveway due to this being one of the largest lots in the River Trail tract, granting more yard space and privacy than most! From the private side yard you'll enter the living room with high vaulted ceilings, charming fireplace, and great natural light due to the direct access to the backyard. The kitchen then flows open to the dining room area. The downstairs master affords tremendous convenience and privacy with great amenities like a double vanity and deep closets. Lovingly maintained with thoughtful updates like double pane window, this home is priced for your updates and personalizations. This well-loved and highly sought after community has a play area, pool, beautifully maintained common spaces, and is close proximity to many Orange favorites, all at an exceptionally low hoa rate. And to top it all off, it's in the Villa Park HS disctrict. Amazing opportunity to get this much living space with margin to update to your taste!
Last Agent to Sell the Property
HomeSmart, Evergreen Realty License #01463771 Listed on: 02/09/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,889
Year Built
- Built in 1983
Lot Details
- 4,600 Sq Ft Lot
- End Unit
- No Units Located Below
- 1 Common Wall
- Cul-De-Sac
- Level Lot
HOA Fees
- $135 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 3 Open Parking Spaces
- Parking Available
- Driveway
Interior Spaces
- 1,987 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Living Room with Fireplace
- Neighborhood Views
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Primary Bedroom on Main
Laundry
- Laundry Room
- Laundry in Garage
Schools
- Fletcher Elementary School
- Villa Park High School
Additional Features
- Exterior Lighting
- Suburban Location
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tax Lot 8
- Tax Tract Number 10539
- Assessor Parcel Number 37474242
- $363 per year additional tax assessments
Community Details
Overview
- River Trail Association
Amenities
- Picnic Area
Recreation
- Community Playground
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2022
Closed on
Feb 22, 2022
Sold by
Simpson R W
Bought by
Williams Terron and Williams Veronica
Seller's Agent
BROOKE MILLER
HomeSmart, Evergreen Realty
Buyer's Agent
Carla Gilkerson
First Team Real Estate
List Price
$875,000
Sold Price
$870,000
Premium/Discount to List
-$5,000
-0.57%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,298
Avg. Annual Appreciation
6.94%
Original Mortgage
$870,000
Outstanding Balance
$820,080
Interest Rate
3.92%
Mortgage Type
VA
Estimated Equity
$272,176
Purchase Details
Closed on
Oct 15, 2019
Sold by
Simpson R W R and Simpson Richard W
Bought by
Simpson R W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 1, 2014
Sold by
Simpson Richard W and Simpson Heather
Bought by
Simpson Richard W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,200
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 21, 2009
Sold by
Simpson Richard W and Simpson Jerra A
Bought by
Simpson Richard W
Purchase Details
Closed on
Feb 26, 1997
Sold by
Bullard Robert J and Bullard Susan R
Bought by
Simpson Richard W and Simpson Jerra A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,600
Interest Rate
7.9%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Williams Terron | $870,000 | First American Title | |
| Simpson R W | -- | Solidifi Title & Closing | |
| Simpson Richard W | -- | Orange Coast Title Company | |
| Simpson Richard W | -- | None Available | |
| Simpson Richard W | $188,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Williams Terron | $100,000 | |
| Open | Williams Terron | $870,000 | |
| Previous Owner | Simpson R W | $548,000 | |
| Previous Owner | Simpson R W | $450,000 | |
| Previous Owner | Simpson Richard W | $384,400 | |
| Previous Owner | Simpson Richard W | $388,000 | |
| Previous Owner | Simpson Richard W | $386,000 | |
| Previous Owner | Simpson Richard W | $386,200 | |
| Previous Owner | Simpson Richard W | $314,700 | |
| Previous Owner | Simpson Richard W | $326,250 | |
| Previous Owner | Simpson Richard W | $200,000 | |
| Previous Owner | Simpson Richard W | $270,000 | |
| Previous Owner | Simpson Richard W | $200,000 | |
| Previous Owner | Simpson Rick W | $50,000 | |
| Previous Owner | Simpson Richard W | $33,700 | |
| Previous Owner | Simpson Richard W | $175,200 | |
| Previous Owner | Simpson Richard W | $178,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2022 03/17/22 | Sold | $870,000 | -0.6% | $438 / Sq Ft |
| 02/15/2022 02/15/22 | Pending | -- | -- | -- |
| 02/15/2022 02/15/22 | Price Changed | $875,000 | 0.0% | $440 / Sq Ft |
| 02/15/2022 02/15/22 | For Sale | $875,000 | +0.6% | $440 / Sq Ft |
| 02/13/2022 02/13/22 | Off Market | $870,000 | -- | -- |
| 02/09/2022 02/09/22 | For Sale | $830,000 | -- | $418 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| 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 | $9,889 | $923,250 | $721,318 | $201,932 |
| 2024 | $9,889 | $905,148 | $707,175 | $197,973 |
| 2023 | $9,671 | $887,400 | $693,308 | $194,092 |
| 2022 | $3,344 | $288,738 | $94,356 | $194,382 |
| 2021 | $3,252 | $283,077 | $92,506 | $190,571 |
| 2020 | $3,221 | $280,175 | $91,558 | $188,617 |
| 2019 | $3,182 | $274,682 | $89,763 | $184,919 |
| 2018 | $3,132 | $269,297 | $88,003 | $181,294 |
| 2017 | $3,006 | $264,017 | $86,277 | $177,740 |
| 2016 | $2,948 | $258,841 | $84,586 | $174,255 |
| 2015 | $2,904 | $254,953 | $83,315 | $171,638 |
| 2014 | $2,841 | $249,959 | $81,683 | $168,276 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Carla Gilkerson
First Team Real Estate
(714) 872-3805
3 in this area
20 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV22022647
APN: 374-742-42
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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