NOT LISTED FOR SALE

12974 Rainbow Dr Truckee, CA 96161

Prosser Lakeview Neighborhood

Estimated Value: $825,000 - $868,000

3 Beds
2.5 Baths
1,440 Sq Ft
$589/Sq Ft Est. Value

Last Sold July 13, 2021

Last sale price $750,000 $521 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,468/month

6 Days on Market

Highlights

  • RV or Boat Parking
  • Mountain View
  • Wood Burning Stove
  • Glenshire Elementary School Rated A
  • Chalet
  • Wood Flooring

About This Home

As of July 2021

Wonderful Truckee home tucked in Prosser Lakeview Estates. 3 bedrooms, 2 full baths & 1 half bath, 2 car garage. Formal living room as you enter and cozy family room, dinning room and kitchen at the back of the home overlooking the backyard. Step outside and relax on the deck or enjoy the green grass. RV parking on side of home. Additional storage shed in backyard for your seasonal toys. Enjoy the year round outdoor activities that Truckee has to offer while still being close to town and freeway access.

Last Agent to Sell the Property

Jason Raymond

eXp Realty of California, Inc License #01878827 Listed on: 05/26/2021

Last Buyer's Agent

Beth Tanhoff

Engel & Volkers Truckee License #02051671

Engel & Volkers Truckee

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,433

Year Built

  • Built in 1973

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Home Design

  • Chalet
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Mountain Views
  • Laundry in Hall

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Parking

  • 2 Car Detached Garage
  • RV or Boat Parking

Additional Features

  • Multiple Outdoor Decks
  • Septic System

Community Details

  • Truckee Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,433

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Age: 40+ Years
  • Estimated Lot Size: 0 - .255
  • Community: Truckee
  • Directions: 8, right on E Alder Creek, right on Rainbow, house on right.
  • Number of Acres: 0.23
  • Service Type: Full Service
  • Setting: Street
  • Sub-Area: 7NR
  • Sub-Status: Standard
  • Topography: Level
  • Year Built: 1973
  • Cross Street: E. Alder Creek
  • Other: Landscaping
  • Sewer: Septic
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Chalet
  • Out Buildings: Yes, See Remarks
  • Property Condition: Used
  • Sign YN: y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Electric
  • Estimated Sq Ft: 1440
  • Stories: Two
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Microwave, Dishwasher
  • Furnished: None
  • Bathrooms: 2.5
  • Bedrooms: 3
  • Wood Stove: Family Room
  • Floor Coverings: Carpet, Wood, Vinyl

Exterior Features

  • View: Mountain
  • Construction Exterior: Framed, Wooded
  • Roof: Composition
  • Decks: 2
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Two
  • Garage/Parking: Detached, RV Parking

Utilities

  • Laundry: Hall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2023
Sold by
Cosman Rafael Sivan
Bought by
Truckee Rainbow Llc
Current Estimated Value
$847,696

Purchase Details

Closed on
Dec 14, 2022
Sold by
Truckee Rainbow Llc
Bought by
Cosman Rafael

Purchase Details

Closed on
Oct 10, 2022
Sold by
Arpilleda Anna
Bought by
Truckee Rainbow Llc

Purchase Details

Listed on
May 26, 2021
Closed on
Jul 6, 2021
Sold by
Burks Jerry and Burks Lynda
Bought by
Arpilleda Anna and Recto Chance Barrios
Seller's Agent
Jason Raymond
eXp Realty of California, Inc
Buyer's Agent
Beth Tanhoff
Engel & Volkers Truckee
List Price
$749,900
Sold Price
$750,000
Premium/Discount to List
$100
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.31%
Original Mortgage
$375,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2003
Sold by
Tonner Edmund Walter and Tonner Chun Ho
Bought by
Burks Jerry and Burks Lynda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Truckee Rainbow Llc -- None Listed On Document
Cosman Rafael -- --
Truckee Rainbow Llc $825,000 Fidelity National Title
Arpilleda Anna $750,000 Placer Title Company
Burks Jerry $280,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arpilleda Anna $375,000
Previous Owner Burks Jerry $195,800
Previous Owner Burks Jerry E $36,000
Previous Owner Burks Jerry $250,000
Previous Owner Tonner Edmund Walter $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2021 07/13/21 Sold $750,000 0.0% $521 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $749,900 -- $521 / 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 $9,433 $824,670 $149,940 $674,730
2024 $9,586 $808,500 $147,000 $661,500
2023 $9,586 $808,500 $147,000 $661,500
2022 $8,799 $750,000 $115,000 $635,000
2021 $4,353 $367,770 $118,210 $249,560
2020 $4,329 $364,000 $116,998 $247,002
2019 $4,324 $356,863 $114,704 $242,159
2018 $4,164 $349,866 $112,455 $237,411
2017 $3,706 $311,000 $100,000 $211,000
2016 $3,589 $296,700 $95,700 $201,000
2015 $3,484 $290,800 $93,800 $197,000
2014 $3,143 $267,100 $86,100 $181,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jason Raymond

    eXp Realty of California, Inc

  • Beth Tanhoff

    Buyer's Agent in 2021

    Beth Tanhoff

    Engel & Volkers Truckee

    (530) 448-1837

    1 in this area

    47 Total Sales

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20211229

Tahoe Sierra Board of REALTORS®

APN: 016-520-024-000

California Nevada County Truckee 96161 Prosser Lakeview

12974 Rainbow Dr, Truckee, CA

This home is located at 12974 Rainbow Dr, Truckee, CA 96161 since 26 May 2021 and is currently estimated at $847,696, approximately $588 per square foot. This property was built in 1973. 12974 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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