NOT LISTED FOR SALE

12866 Rainbow Dr Truckee, CA 96161

Prosser Lakeview Neighborhood

Estimated Value: $723,593 - $790,000

4 Beds
2 Baths
1,478 Sq Ft
$506/Sq Ft Est. Value

Last Sold June 24, 2016

Last sale price $415,000 $281 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,364/month

6 Days on Market

Highlights

  • Wood Burning Stove
  • Wood Flooring
  • Multiple Outdoor Decks
  • Glenshire Elementary School Rated A
  • Mountain Architecture
  • Lot Sloped Up

About This Home

As of June 2016

Enjoy desirable Prosser Lakeview Estates with surrounding acres of hiking, biking & moto trails, reservoirs & campgrounds without spending a cent on HOA dues! The smart layout of this adorable cabin offers a bedroom for everyone plus plenty of usable storage underneath & a level fenced yard with horseshoe pits. Serenity & peace-of-mind await as you soak in the hot tub or warm yourself by the stove while NOT worrying about the new roof, carpet, paint/stain, recent windows, appliances, water heater & more!

Last Agent to Sell the Property

Valerie Brinker

Dickson Realty License #01931440 Listed on: 05/18/2016

Dickson Realty

Last Buyer's Agent

Jeremy Jacobson

Sierra Sotheby's Int - Rock License #01961794

Sierra Sotheby's Int - Rock

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 0.26

Home Design

  • Mountain Architecture
  • Block Foundation
  • Composition Roof

Interior Spaces

  • 1,478 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • No Garage
  • Parking Pad

Additional Features

  • Multiple Outdoor Decks
  • Lot Sloped Up
  • Septic System

Community Details

  • Truckee Community

Home Details

Home Type

Single Family

Year Built

Built in 1980 | Remodeled

Lot Details

0

Listing Details

  • Age: 30+ Years
  • Estimated Lot Size: .26 - .5
  • Community: Truckee
  • Directions: 89N, Right on E. Alder Creek, Right on Rainbow, house is on Right a few houses after Greenwood.
  • Optional Financing: Cash To New Loan
  • Service Type: Full Service
  • Setting: Street
  • Sub-Area: 7NR
  • Sub-Status: Standard
  • Topography: Upslope, Gentle
  • Year Built: 1980
  • Cross Street: Madrone
  • Other: Hot Tub
  • Phase Unit: 5
  • Sewer: Septic
  • Estimated Sq Ft: PLANS
  • Architecture: Mountain
  • Property Condition: Minor Remodel, Used
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Electric
  • Estimated Sq Ft: 1478
  • Stories: Two
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Furnished: None
  • Bathrooms: 2
  • Bedrooms: 4
  • Wood Stove: Freestanding, Gas Woodstove
  • Floor Coverings: Carpet, Other, Wood

Exterior Features

  • Foundation: Perim Block
  • Roof: Composition
  • Decks: 2
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: None
  • Garage/Parking: Parking Pad

Utilities

  • Laundry: Hall

Lot Info

  • Lot Number: 49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2016
Closed on
Jun 21, 2016
Sold by
Meredith Stacey
Bought by
Espinola Michele
Seller's Agent
Valerie Brinker
Dickson Realty
Buyer's Agent
Jeremy Jacobson
Sierra Sotheby's Int - Rock
List Price
$415,000
Sold Price
$415,000
Current Estimated Value
$747,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,898
Avg. Annual Appreciation
6.34%
Original Mortgage
$394,250
Outstanding Balance
$313,779
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$434,119

Purchase Details

Closed on
Jan 31, 2011
Sold by
Onewest Bank Reo Llc
Bought by
Owb Reo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,400
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2011
Sold by
Owb Reo Llc
Bought by
Meredith Stacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,400
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2010
Sold by
Pastore Tony David
Bought by
Onewest Bank Reo Llc

Purchase Details

Closed on
Nov 13, 2000
Sold by
Ritter Roy L and Ritter Loralie
Bought by
Pastore Tony David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
7.86%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Espinola Michele $415,000 First American Title Company
Owb Reo Llc -- Lsi Title Company
Meredith Stacey $213,000 Lsi Title Company
Onewest Bank Reo Llc $461,071 None Available
Pastore Tony David $232,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espinola Michele $394,250
Previous Owner Meredith Stacey $170,400
Previous Owner Pastore Tony David $192,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2016 06/24/16 Sold $415,000 0.0% $281 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $415,000 -- $281 / 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 $5,909 $491,269 $100,620 $390,649
2024 $5,887 $481,638 $98,648 $382,990
2023 $5,887 $472,195 $96,714 $375,481
2022 $5,766 $462,937 $94,818 $368,119
2021 $5,426 $453,860 $92,959 $360,901
2020 $5,398 $449,207 $92,006 $357,201
2019 $5,400 $440,400 $90,202 $350,198
2018 $5,195 $431,766 $88,434 $343,332
2017 $5,076 $423,300 $86,700 $336,600
2016 $3,063 $230,518 $64,934 $165,584
2015 $2,992 $227,056 $63,959 $163,097
2014 $2,873 $222,610 $62,707 $159,903
Source: Public Records

Agents Affiliated with this Home

  • Valerie Brinker

    Seller's Agent in 2016

    Valerie Brinker

    Dickson Realty

    (530) 550-5016

    1 in this area

    50 Total Sales

    Valerie Brinker
    Section Image
  • Jeremy Jacobson

    Buyer's Agent in 2016

    Jeremy Jacobson

    Sierra Sotheby's Int - Rock

    (530) 587-3505

    2 in this area

    60 Total Sales

    Jeremy Jacobson
    Section Image
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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20161344

Tahoe Sierra Board of REALTORS®

APN: 016-500-065-000

California Nevada County Truckee 96161 Prosser Lakeview

12866 Rainbow Dr, Truckee, CA

Not Listed for Sale

Detached

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