NOT LISTED FOR SALE

12521 Rainbow Dr Truckee, CA 96161

Prosser Lakeview Neighborhood

Estimated Value: $738,000 - $974,000

3 Beds
2 Baths
1,468 Sq Ft
$567/Sq Ft Est. Value

Last Sold December 31, 2012

Last sale price $311,000 $212 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $4,714/month

97 Days on Market

Highlights

  • View of Trees or Woods
  • Deck
  • Mountain Architecture
  • Glenshire Elementary School Rated A
  • Wood Burning Stove
  • 2 Car Attached Garage

About This Home

As of December 2012

Set on a beautiful 1/3 acre parcel, this 3 bedroom, 2 bath + 2 car garage home is a must see. Features include vaulted ceilings, giant picture windows, tiled baths, laminate wood floors, warm-inviting paint scheme, huge fenced in yard, large 2 car garage, and level access. Located in a desirable Truckee neighborhood close to downtown and schools, this property will move fast. Schedule a showing today!

Last Agent to Sell the Property

Christine Morrison

Home and Slate Real Estate License #01261512 Listed on: 07/13/2012

Last Buyer's Agent

Lynn Flynn

Side, Inc. License #00929829

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 0.34

Parking

  • 2 Car Attached Garage

Home Design

  • Mountain Architecture
  • Metal Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,468 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Carpet
  • Views of Woods
  • Laundry in Hall

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Baseboard Heating
  • Septic System

Additional Features

  • Deck
  • 0.34 Acre Lot

Community Details

  • Truckee Community

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Age: 20+ Years
  • Estimated Lot Size: .26 - .5
  • Community: Truckee
  • Directions: Take Hwy 89 N from Truckee. Right on Rainbow. At corner of Rainbow and Laurelwood.
  • Number of Acres: 0.34
  • Service Type: Full Service
  • Setting: Street
  • SPCDISC: Short Sale
  • Sub-Area: 7NR
  • Sub-Status: Short Sale
  • Topography: Varies
  • Year Built: 1985
  • Zoning: R
  • Cross Street: Hwy 89
  • Other: High Ceilings
  • Sewer: Septic
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Mountain
  • Sign YN: y
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Handicap Friendly: Full Function Entry Level
  • Heating: Electric, Baseboard
  • Estimated Sq Ft: 1468
  • Stories: Two
  • Water: Utility District
  • Appliances: Range, Oven, Disposal, Dishwasher, Refrigerator
  • Furnished: None
  • Bathrooms: 2
  • Bedrooms: 3
  • Wood Stove: Living Room
  • Floor Coverings: Carpet, Mixed

Exterior Features

  • View: Wooded
  • Construction Exterior: Framed, Wooded
  • Foundation: Perim Concrete
  • Roof: Metal
  • Decks: 1
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Two
  • Garage/Parking: Attached

Utilities

  • Laundry: Hall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2012
Closed on
Dec 28, 2012
Sold by
Armstrong Ryan and Armstrong Joanna
Bought by
Johnson Ann E and Johnson Douglas W
Seller's Agent
Christine Morrison
Home and Slate Real Estate
Buyer's Agent
Lynn Flynn
Side, Inc.
List Price
$299,000
Sold Price
$311,000
Premium/Discount to List
$12,000
4.01%
Current Estimated Value
$832,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$521,308
Avg. Annual Appreciation
7.82%
Original Mortgage
$248,800
Outstanding Balance
$172,180
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$660,128

Purchase Details

Closed on
Jul 27, 2004
Sold by
Patrick Jerry T
Bought by
Armstrong Ryan and Armstrong Joanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Johnson Ann E $311,000 First American Title Company
Armstrong Ryan $435,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Ann E $248,800
Previous Owner Armstrong Ryan $348,000
Closed Armstrong Ryan $43,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2012 12/31/12 Sold $311,000 +4.0% $212 / Sq Ft
10/18/2012 10/18/12 Pending -- -- --
07/13/2012 07/13/12 For Sale $299,000 -- $204 / Sq Ft
Source: Tahoe Sierra Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $4,862 $382,962 $80,037 $302,925
2024 $4,840 $375,454 $78,468 $296,986
2023 $4,840 $368,093 $76,930 $291,163
2022 $4,737 $360,876 $75,422 $285,454
2021 $4,427 $353,801 $73,944 $279,857
2020 $4,403 $350,174 $73,186 $276,988
2019 $4,399 $343,308 $71,751 $271,557
2018 $4,231 $336,578 $70,345 $266,233
2017 $4,127 $329,979 $68,966 $261,013
2016 $4,101 $323,510 $67,614 $255,896
2015 $4,005 $318,652 $66,599 $252,053
2014 $3,843 $312,411 $65,295 $247,116
Source: Public Records

Agents Affiliated with this Home

  • Christine Morrison

    Seller's Agent in 2012

    Christine Morrison

    Home and Slate Real Estate

    (530) 412-0484

    9 in this area

    352 Total Sales

    Christine Morrison
    Section Image

  • L

    Buyer's Agent in 2012

    Lynn Flynn

    Side, Inc.

    (415) 361-7991

    2 Total Sales

    Lynn Flynn
    Section Image
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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20121755

Tahoe Sierra Board of REALTORS®

APN: 016-360-001-000

California Nevada County Truckee 96161 Prosser Lakeview

12521 Rainbow Dr, Truckee, CA

Not Listed for Sale

Detached

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