NOT LISTED FOR SALE

Estimated Value: $1,316,768

3 Beds
2 Baths
1,473 Sq Ft
$894/Sq Ft Est. Value

Sale Details

Date Sold: April 29, 2026

Last sale price $1,300,000 $883 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $7,766 / mo

50 Days on Market

Highlights

  • In Ground Pool
  • Main Floor Bedroom
  • No HOA
  • Open Floorplan
  • Quartz Countertops
  • Neighborhood Views

About This Home

As of April 2026

Welcome to 1532 Rainbow Drive, ideally situated in one of the most sought-after neighborhoods in North Tustin. Tucked away on a quiet cul-de-sac, this exceptional property offers privacy, space, and incredible potential on one of the largest parcels in the community — boasting the second biggest lot in the entire neighborhood at an expansive 15,380 square feet. This 3-bedroom, 2-bathroom home features a spacious open floor plan designed for comfortable living and effortless entertaining. The kitchen flows seamlessly into the living room, creating a bright and inviting gathering space centered around a charming whitewashed brick fireplace. A large island with brand-new quartz countertops anchors the kitchen, offering both style and functionality. Freshly updated with brand-new interior and exterior paint, the home feels crisp, modern, and move-in ready. An added bonus is the rear addition, which includes an additional bedroom and bathroom not included in the square footage — ideal for guests, extended family, or a private office space. The primary suite is a peaceful retreat, highlighted by elegant French doors that open directly to the backyard. Step outside to your own private oasis featuring a sparkling pool, perfect for relaxing afternoons or entertaining family and friends. With its expansive lot size, cul-de-sac location, and desirable setting, this property offers a rare opportunity to own one of the premier homes in the neighborhood. Located near Award Winning Tustin Unified Schools.

Last Agent to Sell the Property

AJ Hoover

Seven Gables Real Estate Brokerage Email: ajh@sevengables.com License #02040196 Listed on: 02/19/2026

Seven Gables Real Estate

Co-Listed By

Brian Fox

Keller Williams Legacy Brokerage Email: ajh@sevengables.com License #01431326

Last Buyer's Agent

AJ Hoover

Seven Gables Real Estate Brokerage Email: ajh@sevengables.com License #02040196 Listed on: 02/19/2026

Seven Gables Real Estate
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 15,380 Sq Ft Lot
  • Cul-De-Sac
  • Fenced
  • Fence is in average condition

Parking

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

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,473 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Living Room with Fireplace
  • Laminate Flooring
  • Neighborhood Views
  • Laundry in Garage

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • In Ground Pool
  • Wood Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 3131
  • Assessor Parcel Number 10341219
  • $527 per year additional tax assessments
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0.35 Acres

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Ad Number: 714.785.2545
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Property Condition: Turnkey, Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 10341219
  • Year Built: 1957
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1473.00 Square Feet
  • Interior Amenities: Quartz Counters, Recessed Lighting, Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Kitchen, Breakfast Nook
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 882.55
  • Room Type: Primary Bedroom, Main Floor Primary Bedroom, Kitchen, Living Room, Main Floor Bedroom, Primary Bathroom
  • Bathroom Features: Shower In Tub, Walk-In Shower, Shower
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Average Condition
  • Patio And Porch Features: Wood
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Roof: Composition
  • Spa: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Gas Range, Dishwasher
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 15380.00
  • Lot Size Acres: 0.3531

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15380.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 3131
  • TaxOtherAnnualAssessmentAmount: 527.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2026
Closed on
Apr 20, 2026
Sold by
Bought by
Seller's Agent
AJ Hoover
Seven Gables Real Estate
Buyer's Agent
AJ Hoover
Seven Gables Real Estate
List Price
$1,350,000
Sold Price
$1,300,000
Premium/Discount to List
-$50,000
-3.7%
Views
218
Current Estimated Value
$1,316,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,768
Avg. Annual Appreciation
5.05%

Purchase Details

Closed on
Jan 10, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2008
Sold by
Bought by

Purchase Details

Closed on
Jan 23, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
9.8%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,300,000 Chicago Title Company
-- Fidelity National Title Co
-- North American Title Company
$400,000 North American Title
$442,000 North American Title Co
-- Alliance Title Company
-- United Title Company
$465,000 United Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $370,000
Previous Owner $325,000
Previous Owner $35,000
Previous Owner $320,000
Previous Owner $565,000
Previous Owner $465,000
Previous Owner $10,000
Previous Owner $131,100
Previous Owner $95,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/29/2026 04/29/26 Sold $1,300,000 -1.9% $883 / Sq Ft
04/10/2026 04/10/26 Pending -- -- --
04/05/2026 04/05/26 Price Changed $1,325,000 -1.9% $900 / Sq Ft
02/19/2026 02/19/26 For Sale $1,350,000 -- $916 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,179 $515,097 $397,298 $117,799
2024 $5,904 $504,998 $389,508 $115,490
2023 $5,758 $495,097 $381,871 $113,226
2022 $5,669 $485,390 $374,384 $111,006
2021 $5,556 $475,873 $367,043 $108,830
2020 $5,528 $470,994 $363,279 $107,715
2019 $5,395 $461,759 $356,156 $105,603
2018 $5,308 $452,705 $349,172 $103,533
2017 $5,217 $443,829 $342,326 $101,503
2016 $5,125 $435,127 $335,614 $99,513
2015 $5,189 $428,591 $330,572 $98,019
2014 $5,058 $420,196 $324,097 $96,099
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26037324

California Regional Multiple Listing Service (CRMLS)

APN: 103-412-19

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