NOT LISTED FOR SALE

12896 Rainbow Dr Truckee, CA 96161

Prosser Lakeview Neighborhood

Estimated Value: $108,720 - $186,000

0.26 Acre
$525,281 Price per Acre
11,326 Sq Ft Lot

Last Sold July 31, 2020

Last sale price $70,000

Est. 95% increase in value since last sale

Current estimated payment $808/month

10 Days on Market

Highlights

  • View of Trees or Woods
  • Glenshire Elementary School Rated A
  • Level Lot

About This Lot

As of July 2020

HARD TO FIND A NEAR LEVEL LOT LIKE THIS ONE...IT IS BEAUTIFUL!! Enjoy big, gorgeous mature pines and pretty natural foliage. Close to Prosser Lake Reservoir and miles of National Forest Service Land . This lot has never been tested for a septic to the best of the Seller's knowledge. Seller owns the adjacent home next door which is listed for sale for $625,000.

Last Agent to Sell the Property

Janie Sharp

COMPASS License #00769865 Listed on: 06/20/2020

COMPASS

Co-Listed By

Kristi Hood

COMPASS License #01443341

Last Buyer's Agent

Janie Sharp

COMPASS License #00769865 Listed on: 06/20/2020

COMPASS

Property Details

Property Type

  • Land

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 80 x 140
  • Level Lot

Property Views

  • Views of Woods

Utilities

  • Above Ground Utilities
  • Gas Available
  • Septic Needed

Community Details

  • Truckee Community

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Estimated Lot Size: .26-.5
  • Community: Truckee
  • Directions: Hwy 89 North, Rt on East Alder, Creek, Rt on Rainbow to lot on Rt.
  • Number of Acres: 0.26
  • Service Type: Full Service
  • Setting: STREET
  • Sign: y
  • Sub-Area: 7NR
  • Sub-Status: Standard
  • Topography: Level, Gentle, Varies
  • Zoning: Res
  • Access Type: Public
  • Cross Street: Greenwood
  • Sewer: Septic Required
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Electric: Available
  • Gas: Available
  • Water: Utility District

Exterior Features

  • View: Wooded

Utilities

  • Utilities at Street: Above Ground

Lot Info

  • Lot Number: 47
  • Lot Dimensions: 80 x 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2020
Closed on
Jul 24, 2020
Sold by
Jones Henry P and Jones Henry P
Bought by
Richards Robert W and The Robert W Richards Jr Trust
Seller's Agent
Janie Sharp
COMPASS
Buyer's Agent
Janie Sharp
COMPASS
List Price
$125,000
Sold Price
$70,000
Premium/Discount to List
-$55,000
-44%
Current Estimated Value
$136,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,573
Avg. Annual Appreciation
12.97%
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
Richards Robert W $70,000 Fidelity Natl Ttl Co Of Ca
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $70,000 -44.0% --
06/30/2020 06/30/20 Pending -- -- --
06/20/2020 06/20/20 For Sale $125,000 -- --
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 $1,215 $75,769 $75,769 --
2024 $1,216 $74,284 $74,284 --
2023 $1,216 $72,828 $72,828 $0
2022 $1,203 $71,400 $71,400 $0
2021 $1,004 $70,000 $70,000 $0
2020 $592 $31,512 $31,512 $0
2019 $595 $30,895 $30,895 $0
2018 $570 $30,290 $30,290 $0
2017 $565 $29,697 $29,697 $0
2016 $563 $29,115 $29,115 $0
2015 $555 $28,678 $28,678 $0
2014 $555 $28,117 $28,117 $0
Source: Public Records

Agents Affiliated with this Home

  • Janie Sharp

    Seller's Agent in 2020

    Janie Sharp

    COMPASS

    (530) 412-1400

    16 in this area

    243 Total Sales

    Janie Sharp
    Section Image
  • Kristi Hood

    Seller Co-Listing Agent in 2020

    Kristi Hood

    COMPASS

    (530) 386-0688

    13 in this area

    219 Total Sales

    Kristi Hood
    Section Image
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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20201418

Tahoe Sierra Board of REALTORS®

APN: 016-500-067-000

California Nevada County Truckee 96161 Prosser Lakeview

12896 Rainbow Dr, Truckee, CA

Not Listed for Sale

Lots

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