NOT LISTED FOR SALE

12821 Rainbow Dr Truckee, CA 96161

Prosser Lakeview Neighborhood

Estimated Value: $880,000 - $1,102,000

3 Beds
2 Baths
1,719 Sq Ft
$561/Sq Ft Est. Value

Last Sold November 23, 2020

Last sale price $659,000 $383 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,947/month

38 Days on Market

Highlights

  • Mountain Architecture
  • Baseboard Heating
  • Greenbelt
  • Glenshire Elementary School Rated A

About This Home

As of November 2020

This well maintained home is move-in ready, and has all the potential to make it your own. Complete with a brand new roof and brand new windows. Situated in a quaint, friendly neighborhood, only minutes from downtown Truckee. This property is a short walk to Prosser Lake, Prosser Creek, and several meadows.

Last Agent to Sell the Property

Annika Gelso

Engel & Volkers Truckee License #02029805 Listed on: 09/15/2020

Engel & Volkers Truckee

Co-Listed By

Virginia Donica

Engel & Volkers Truckee License #01195479

Last Buyer's Agent

Jeremy Jacobson

Sierra Sotheby's Int - Rock License #01961794

Sierra Sotheby's Int - Rock

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,281

Year Built

  • Built in 1989

Lot Details

  • 0.27 Acre Lot

Parking

  • 1 Car Garage

Home Design

  • Mountain Architecture
  • Composition Roof

Interior Spaces

  • 1,719 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Septic System

Community Details

  • Truckee Community
  • Greenbelt

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,281

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Age: 30+ Years
  • Estimated Lot Size: .26 - .5
  • Community: Truckee
  • Number of Acres: 0.27
  • Service Type: Full Service
  • Setting: Greenbelt
  • Sub-Area: 7NR
  • Sub-Status: Standard
  • Year Built: 1989
  • Sewer: Septic
  • Architecture: Mountain
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Natural Gas, Baseboard
  • Estimated Sq Ft: 1719
  • Stories: Two
  • Water: Utility District
  • Fireplace: Gas Fireplace
  • Furnished: None
  • Bathrooms: 2
  • Bedrooms: 3

Exterior Features

  • Roof: Composition
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: One

Lot Info

  • Lot Number: 64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2020
Closed on
Nov 19, 2020
Sold by
Mitchell Shaun P and Mitchell Susan K
Bought by
Ongaro Ernest Joseph and Ongaro Debra Lynn
Seller's Agent
Annika Gelso
Engel & Volkers Truckee
Buyer's Agent
Jeremy Jacobson
Sierra Sotheby's Int - Rock
List Price
$659,000
Sold Price
$659,000
Current Estimated Value
$964,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,835
Avg. Annual Appreciation
8.20%
Original Mortgage
$510,400
Outstanding Balance
$457,281
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$501,778

Purchase Details

Closed on
Jul 1, 2013
Sold by
Mitchell Shaun P and Mitchell Susan K
Bought by
Mitchell Shaun P and Mitchell Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2010
Sold by
Mitchell Shaun P and Mitchell Susan K
Bought by
Mitchell Shaun P and Mitchell Susan K

Purchase Details

Closed on
Aug 13, 2007
Sold by
Mitchell Susan K
Bought by
Mitchell Shaun P and Mitchell Susan K

Purchase Details

Closed on
Feb 8, 2002
Sold by
Mitchell Shaun P
Bought by
Mitchell Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.13%

Purchase Details

Closed on
Feb 9, 2000
Sold by
Gutsch Kathy
Bought by
Ysenbart Michael J and Klieves Ann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.14%

Purchase Details

Closed on
Feb 20, 1998
Sold by
Gutsch John
Bought by
Gutsch Kathy
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Ongaro Ernest Joseph $659,000 Placer Title Company
Mitchell Shaun P -- Old Republic Title Company
Mitchell Shaun P -- Old Republic Title Company
Mitchell Shaun P -- None Available
Mitchell Shaun P -- None Available
Mitchell Susan K -- Fidelity National Title
Mitchell Susank $262,500 Fidelity National Title
Ysenbart Michael J $228,000 Fidelity National Title
Gutsch Kathy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ongaro Ernest Joseph $510,400
Previous Owner Mitchell Shaun P $270,000
Previous Owner Mitchell Shaun P $91,000
Previous Owner Mitchell Susan K $50,000
Previous Owner Mitchell Susan K $230,000
Previous Owner Mitchell Susan K $30,000
Previous Owner Mitchell Susank $210,000
Previous Owner Ysenbart Michael J $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2020 11/23/20 Sold $659,000 0.0% $383 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $659,000 -- $383 / 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 $8,281 $745,961 $162,364 $583,597
2024 $8,262 $699,335 $159,181 $540,154
2023 $8,262 $685,623 $156,060 $529,563
2022 $8,105 $672,180 $153,000 $519,180
2021 $7,705 $659,000 $150,000 $509,000
2020 $4,375 $354,569 $97,249 $257,320
2019 $4,369 $347,618 $95,343 $252,275
2018 $4,200 $340,803 $93,474 $247,329
2017 $4,095 $334,122 $91,642 $242,480
2016 $4,068 $327,572 $89,846 $237,726
2015 $3,972 $322,653 $88,497 $234,156
2014 -- $316,334 $86,764 $229,570
Source: Public Records

Agents Affiliated with this Home

  • Annika Gelso

    Seller's Agent in 2020

    Annika Gelso

    Engel & Volkers Truckee

    (530) 386-5805

    2 in this area

    24 Total Sales

    Annika Gelso
    Section Image

  • V

    Seller Co-Listing Agent in 2020

    Virginia Donica

    Engel & Volkers Truckee

    Section Image
  • Jeremy Jacobson

    Buyer's Agent in 2020

    Jeremy Jacobson

    Sierra Sotheby's Int - Rock

    (530) 587-3505

    2 in this area

    70 Total Sales

    Jeremy Jacobson
    Section Image
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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20202828

Tahoe Sierra Board of REALTORS®

APN: 016-500-055-000

California Nevada County Truckee 96161 Prosser Lakeview

12821 Rainbow Dr, Truckee, CA

This home is located at 12821 Rainbow Dr, Truckee, CA 96161 since 15 September 2020 and is currently estimated at $964,835, approximately $561 per square foot. This property was built in 1989. 12821 Rainbow Dr is a home located in Nevada County with nearby schools including Glenshire Elementary School, Alder Creek Middle School, and Tahoe Truckee High School.

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