NOT LISTED FOR SALE

1253 Rainbow Ave Calexico, CA 92231

Estimated Value: $357,336 - $387,000

3 Beds
2 Baths
1,200 Sq Ft
$308/Sq Ft Est. Value

Last Sold June 26, 2015

Last sale price $173,000 $144 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $2,141/month

21 Days on Market

Highlights

  • Granite Countertops
  • Covered Patio or Porch
  • Breakfast Bar
  • No HOA
  • Forced Air Heating and Cooling System
  • Living Room

About This Home

As of June 2015

Fannie Mae Homepath is offering this well kept 3 Bedroom, 2 Bath home with Fresh Paint, New Kitchen Cabinets and Appliances and an island bar, New Vinyl and Carpet and Ceiling Fans in each Bedroom. There is a 2 car garage and some extra concrete off the driveway for additional parking or Sand Toys. There is a 10x29 Covered Patio in the back and a 11x20 Covered Front Porch. This property is included in the Firstlook Initiative. During the first 20 days of marketing the Seller will only consider offers from First Time Homebuyers or Buyers that have not owned a home in the last 3 years. "First Time Buyers, complete the HomePath Ready Buyer homeownership course on homepath.com. Attach certificate to offer and request up to 3% closing cost assistance. Check HomePath.com for more details or ask me. Restrictions apply. Visit HomePath.com for more information.

Last Agent to Sell the Property

Robert Prince

Prince & Associates Realtors Listed on: 04/22/2015

Last Buyer's Agent

Maria Becerril-Sanchez

eXp Realty of California Inc License #01432816

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • 7,126 Sq Ft Lot
  • Lot Dimensions are 60x110
  • East Facing Home
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Landscaped

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • Calexico High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Rainbow Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058803001000

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Disclosures: Lender Owned/REO
  • Lot Description: Landscaped
  • Lot Acreage: 0.1640
  • Lot Size: 60x110
  • Gas Company: Natural
  • Price/ Sq Ft: 141.58
  • Additional Assessor Parcel Numbers: False
  • Assessor Parcel Number: 058803001000
  • Lease Option: False
  • Probate: False
  • Property Sub Type: Single Family Residence
  • Street Address: 1253 RAINBOW AVE
  • Street Name Display: True
  • Street Number Display: True
  • Year Built: 1992
  • Builders Tract Name: Rainbow Park
  • State Abbrv: CA
  • Annual C F D Y N: False
  • H O D Y N: False
  • R V Access Y N: False
  • Sale Agent Board: OUT OF AREA BOARD
  • Sale Agent Broker I D: IC2887
  • Sale Agent Cell: 760-234-0653
  • Sale Agent Email: mdbecerril@gmail.com
  • Sale Agent First Name: Maria
  • Sale Agent I D: IC2748
  • Sale Agent Last Name: Becerril-Sanchez
  • Sale Agent License Number: 01432816
  • Sale Agent Office I D: IC3778
  • Sale Agent Office Phone: 760-353-0420
  • Sale Agent Phone: 760-234-0653
  • Sale Agent Website: www.exprealty.com
  • Sale Broker License Number: 01807016
  • Sale Office Address1: 729 W. Main St.,
  • Sale Office Address2: Suite B
  • Sale Office Broker I D: IC2887
  • Sale Office City: El Centro
  • Sale Office Fax: 760-353-0591
  • Sale Office I D: IC3076
  • Sale Office Name: El Dorado Realty
  • Sale Office Phone: 760-353-0420
  • Sale Office State: CA
  • Sale Office Website: http://www.casadorado.net
  • Sale Office Zip: 92243
  • Special Features: RealEstateOwned

Interior Features

  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Furnished: No
  • Kitchen Features: Granite Counters, Island
  • Laundry: Garage
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Gas Dryer Hookup, Microwave, Oven/Range-Gas, Vented Exhaust Fan
  • Living Area: 1200
  • Total Bathrooms: 2.00
  • Bedrooms: 3

Exterior Features

  • Direction Faces: East
  • Construction: Stucco
  • Fence: Block Wall, Chain Link, Wood
  • Foundation: Slab
  • Patio: Covered, Covered Porch, Porch - Front
  • Pool: None
  • Roof: Asphalt
  • Spa: None
  • View: False
  • Building Type: Detached
  • Stories: 1

Garage/Parking

  • Covered Parking: 2
  • Garage Spaces: 2
  • Other Spaces: 2
  • Garage: Garage - 2 Car
  • Total Parking: 4

Utilities

  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Cooling: Air Conditioning, Ceiling Fan, CFAC
  • Heating: CFAG

Lot Info

  • Lot Size Area: 7126

Building Info

  • Spa Yn: False

MLS Schools

  • HighSchool: Calexico High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2015
Closed on
May 15, 2015
Sold by
Fannie Mae
Bought by
Johnson Raul and Arellano Brenda K
Seller's Agent
Robert Prince
Prince & Associates Realtors
Buyer's Agent
Maria Becerril-Sanchez
eXp Realty of California Inc
List Price
$169,900
Sold Price
$173,000
Premium/Discount to List
$3,100
1.82%
Current Estimated Value
$369,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,584
Avg. Annual Appreciation
7.49%
Original Mortgage
$169,866
Outstanding Balance
$134,635
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$234,949

Purchase Details

Closed on
Dec 1, 2014
Sold by
Chao Jaime
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 21, 2007
Sold by
Chao Gabriela
Bought by
Chao Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 14, 2005
Sold by
Castro Moises L and Castro Martha R
Bought by
Chao Jaime and Chao Gabriela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
7.55%
Mortgage Type
Fannie Mae Freddie Mac
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 Raul $173,000 Stewart Title Of Ca Inc
Federal National Mortgage Association $201,122 Accommodation
Chao Jaime -- Financial Title Company
Chao Jaime $220,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Raul $169,866
Previous Owner Chao Jaime $208,000
Previous Owner Chao Jaime $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2015 06/26/15 Sold $173,000 +1.8% $144 / Sq Ft
05/15/2015 05/15/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $169,900 -- $142 / Sq Ft
Source: Imperial County Association 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 $2,527 $207,909 $36,051 $171,858
2023 $2,527 $199,838 $34,652 $165,186
2022 $2,447 $195,921 $33,973 $161,948
2021 $2,375 $192,080 $33,307 $158,773
2020 $2,287 $190,111 $32,966 $157,145
2019 $2,221 $186,384 $32,320 $154,064
2018 $2,201 $182,731 $31,687 $151,044
2017 $2,042 $179,149 $31,066 $148,083
2016 $1,948 $175,637 $30,457 $145,180
2015 $1,771 $160,000 $30,000 $130,000
2014 $1,050 $102,000 $35,000 $67,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Imperial County Association of REALTORS®

MLS Number: 15899107IC

Imperial County Association of REALTORS®

APN: 058-803-001-000