NOT LISTED FOR SALE

1512 Rainbow Dr Santa Ana, CA 92705

Estimated Value: $1,319,210 - $1,440,000

3 Beds
2 Baths
1,538 Sq Ft
$904/Sq Ft Est. Value

Last Sold July 21, 2016

Last sale price $729,900 $475 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $8,067/month

2 Days on Market

Highlights

  • In Ground Pool
  • Traditional Architecture
  • Granite Countertops
  • Red Hill Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of July 2016

Beautiful & Upgraded North Tustin single level home with oversized Pool & in-ground Spa. This home features tile roof and beautifully landscaped and hardscaped front and back yards. Dual pane custom sized windows & recessed lighting, hard wood floors through living, dining area, family room and bedrooms, travertine tile at entry & kitchen. Cozy fireplace in living area, Spacious kitchen offers upgraded wood cabinets with pull out shelves, dual sink and stainless steel appliances. Step down to a spacious and luminous family room with large custom sized windows. New two tone designer paint throughout & Upgraded bathrooms. Master suite features two closets: one mirrored door closet and a large walk in closet, also a beautiful French door that opens onto patio and in-ground Spa. Master bathroom has been newly redone with frameless glass shower enclosure, towel warmer & new vanity. Recipient of the 2014 Best Tustin Garden Award.

Last Agent to Sell the Property

Luz Harth

Luz Harth, Broker License #01160486 Listed on: 07/08/2016

Last Buyer's Agent

John Hall

John Hall, Broker License #01996953

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,294

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 7,200 Sq Ft Lot
  • Gentle Sloping Lot
  • Front and Back Yard Sprinklers
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Traditional Architecture
  • Turnkey
  • Brick Exterior Construction
  • Raised Foundation
  • Spanish Tile Roof
  • Wood Siding
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,538 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Gas Fireplace
  • ENERGY STAR Qualified Windows
  • Bay Window
  • Family Room
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts in Garage
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 3131
  • Assessor Parcel Number 10341220

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,294

Year Built

Built in 1957 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Spa cover
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 10341220
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1538.00
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Copper Plumbing Full, Granite Counters, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Gas, Living Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 474.58
  • Room Type: All Bedrooms Down, Family Room, Living Room, Master Bedroom, Walk-In Closet
  • Spa Features: In Ground
  • Window Features: Bay Window(s), ENERGY STAR Qualified Windows

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Exterior Features: Lighting
  • Patio And Porch Features: Concrete, Enclosed, Patio
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Brick, Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front, Garage, Private
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Disposal, Self Cleaning Oven, Water Heater, Water Line to Refrigerator
  • Electric: 220 Volts in Garage
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Gentle Sloping, Lot 6500-9999, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Sprinkler System
  • Lot Size: 7200
  • Lot Size Sq Ft: 7200.00
  • Price Per Lot Square Foot: 101.38

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 3131

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2017
Sold by
Penner Jacqueline H and Penner Mark T
Bought by
Penner Mark T and Penner Jacqueline Hall
Current Estimated Value
$1,390,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$232,603
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$1,157,700

Purchase Details

Closed on
Feb 1, 2017
Sold by
Penner Mark T and Penner Jacqueline Hall
Bought by
Penner Jacqueline H and Penner Mark T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$232,603
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$1,157,700

Purchase Details

Closed on
Jun 11, 2014
Sold by
Tommaso Evelyn Di
Bought by
Di Tommaso Family Trust

Purchase Details

Closed on
Jun 2, 2014
Sold by
Ditommaso Geraldine
Bought by
Tommaso Augusto Juan Di and Tommaso Alicia Beatriz Di

Purchase Details

Closed on
Feb 28, 2014
Sold by
Ditommaso Augusto Juan and Di Tommaso Alicia Beatriz
Bought by
Penner Mark T and Penner Jacqueline Hall

Purchase Details

Closed on
Apr 12, 2007
Sold by
Ditommaso Augusto Juan and Di Tommaso Alicia B
Bought by
Ditommaso Augusto Juan and Di Tommaso Alicia B

Purchase Details

Closed on
Mar 25, 2005
Sold by
Ditommaso Augusto Juan and Di Tommaso Alicia B
Bought by
Ditommaso Augusto Juan and Di Tommaso Alicia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.17%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 17, 2004
Sold by
Ditommaso Augusto Juan and Ditommaso Alicia B
Bought by
Ditommaso Augusto Juan and Ditommaso Alicia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2004
Sold by
Ditommaso Evelyn and Ditommaso Geraldine
Bought by
Ditommaso Augusto Juan and Ditommaso Alicia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2003
Sold by
Ditommaso Augusto Juan and Ditommaso Alicia B
Bought by
Ditommaso Augusto Juan and Ditommaso Alicia B

Purchase Details

Closed on
Sep 15, 2001
Sold by
Ditommaso Augusto Juan
Bought by
Ditommaso Augusto Juan and Ditommaso Alicia B

Purchase Details

Closed on
Jun 5, 2001
Sold by
Delafuente Alicia B
Bought by
Ditommaso Augusto Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,625
Interest Rate
7.24%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 30, 2001
Sold by
Garvey William P and Garvey Margaret K
Bought by
Ditommaso Augusto Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,625
Interest Rate
7.24%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 22, 1999
Sold by
Paul Garvey William and Paul Kathleen Margaret
Bought by
Garvey William P and Garvey Margaret K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,900
Interest Rate
6.76%

Purchase Details

Closed on
Jul 6, 1995
Sold by
Garvey William Paul and Garvey Margaret Kathleen
Bought by
Garvey William P and Garvey Margaret K

Purchase Details

Closed on
Jul 21, 1992
Sold by
Garvey William Paul
Bought by
Garvey William Paul and Garvey Margaret Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.88%
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
Penner Mark T -- Accommodation
Penner Jacqueline H -- First American Title Company
Di Tommaso Family Trust -- None Available
Tommaso Augusto Juan Di -- None Available
Penner Mark T $730,000 Ticor Title Orange County
Ditommaso Augusto Juan -- None Available
Ditommaso Augusto Juan -- Accommodation
Ditommaso Augusto Juan -- New Century Title Company
Ditommaso Augusto Juan -- Fidelity National Title
Ditommaso Augusto Juan -- Fidelity National Title
Ditommaso Augusto Juan -- Orange Coast Title Company
Ditommaso Augusto Juan -- Orange Coast Title Companies
Ditommaso Augusto Juan -- South Coast Title Company
Ditommaso Augusto Juan $339,000 South Coast Title Company
Garvey William P -- First American Title Ins Co
Garvey William P -- --
Garvey William Paul -- World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penner Jacqueline H $280,000
Previous Owner Ditommaso Augusto Juan $440,000
Previous Owner Ditommaso Augusto Juan $400,000
Previous Owner Ditommaso Augusto Juan $296,625
Previous Owner Garvey William P $107,900
Previous Owner Garvey William Paul $116,000
Closed Ditommaso Augusto Juan $67,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2016 07/21/16 Sold $729,900 0.0% $475 / Sq Ft
07/08/2016 07/08/16 For Sale $729,900 -- $475 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,294 $847,106 $755,296 $91,810
2024 $9,294 $830,497 $740,487 $90,010
2023 $9,073 $814,213 $725,967 $88,246
2022 $8,941 $798,249 $711,733 $86,516
2021 $8,760 $782,598 $697,778 $84,820
2020 $8,714 $774,574 $690,623 $83,951
2019 $8,497 $759,387 $677,082 $82,305
2018 $8,356 $744,498 $663,806 $80,692
2017 $8,209 $729,900 $650,790 $79,110
2016 $4,920 $423,045 $340,075 $82,970
2015 $4,985 $416,691 $334,967 $81,724
2014 $4,858 $408,529 $328,405 $80,124
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16148855

California Regional Multiple Listing Service (CRMLS)

APN: 103-412-20