NOT LISTED FOR SALE

Estimated Value: $1,361,737

3 Beds
2 Baths
1,352 Sq Ft
$1,007/Sq Ft Est. Value

Sale Details

Date Sold: May 6, 2025

Last sale price $1,370,000 $1,013 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $8,222 / mo

10 Days on Market

Highlights

  • Heated In Ground Pool
  • Wood Flooring
  • Granite Countertops
  • Red Hill Elementary School Rated A-
  • Main Floor Bedroom
  • No HOA

About This Home

As of May 2025

Welcome to 1581 Rainbow Dr., nestled in one of North Tustin’s most sought-after neighborhoods. This single-story, 3-bedroom, 2-bathroom home is the perfect blend of classic charm and modern convenience, offering a truly turnkey living experience. From the moment you arrive, you’ll be captivated by the home’s exceptional curb appeal, thanks to new exterior paint, fresh landscaping, and a brand-new roof—all designed to enhance both beauty and long-term efficiency. Step inside to discover gorgeous natural hardwood flooring flowing throughout the home, creating warmth and elegance in every room. Expansive double-pane windows invite an abundance of natural light, making the space feel airy and inviting. The backyard is an entertainer’s paradise, thoughtfully designed with new concrete patios, ideal for outdoor dining, lounging, or hosting gatherings. At the heart of this stunning outdoor space is a brand-new saltwater pool and spa, offering a luxurious escape for relaxation and fun. Additional upgrades include a newer tankless water heater, a high-efficiency HVAC system, and a 220V EV charger, ensuring modern comfort and energy efficiency. Situated in a prime North Tustin location, this home is surrounded by award-winning schools, parks, and convenient access to shopping, dining, and entertainment.

Last Agent to Sell the Property

AJ Hoover

Seven Gables Real Estate Brokerage Email: ajh@sevengables.com License #02040196 Listed on: 04/01/2025

Seven Gables Real Estate

Last Buyer's Agent

AJ Hoover

Seven Gables Real Estate Brokerage Email: ajh@sevengables.com License #02040196 Listed on: 04/01/2025

Seven Gables Real Estate
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 7,344 Sq Ft Lot
  • Fenced
  • Fence is in good condition
  • Front Yard Sprinklers

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Raised Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,352 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Neighborhood Views
  • Gas And Electric Dryer Hookup

Kitchen

  • Six Burner Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Bathtub with Shower
  • Walk-in Shower

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool
  • Permits For Spa
  • Permits for Pool

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 3131
  • Assessor Parcel Number 10341304
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

7,344 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Ad Number: 7147852545
  • Property Attached: No
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 10341304
  • Year Built: 1957
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1352.00 Square Feet
  • Interior Amenities: Granite Counters, Recessed Lighting, Stone Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1013.31
  • Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
  • Spa Features: Private, Heated, In Ground, Permits
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower In Tub, Remodeled, Stone Counters, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Stone Counters

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Good Condition
  • Pool Features: Private, Heated, In Ground, Permits, Salt Water
  • Pool Private: Yes
  • Roof: Composition, Shingle
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Gas Range, Microwave, Refrigerator
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Lot 6500-9999, Sprinklers In Front
  • Lot Size Sq Ft: 7344.00
  • Lot Size Acres: 0.1686

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7344.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 756.03
  • Tax Lot: 3
  • Tax Tract Number: 3131

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
Apr 1, 2025
Closed on
Apr 25, 2025
Sold by
Bought by
Seller's Agent
AJ Hoover
Seven Gables Real Estate
Buyer's Agent
AJ Hoover
Seven Gables Real Estate
List Price
$1,400,000
Sold Price
$1,370,000
Premium/Discount to List
-$30,000
-2.14%
Views
40
Current Estimated Value
$1,361,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,263
Avg. Annual Appreciation
-0.49%
Original Mortgage
$806,500
Outstanding Balance
$796,261
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$565,476

Purchase Details

Listed on
Jun 13, 2013
Closed on
Jun 14, 2013
Sold by
Bought by
Seller's Agent
Anthony Reding
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Anthony Reding
Berkshire Hathaway HomeServices California Properties
List Price
$570,000
Sold Price
$570,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$513,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 1997
Sold by
Bought by
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
$1,370,000 Chicago Title Company
$570,000 Landwood Title
-- --
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
Open $806,500
Previous Owner $200,000
Previous Owner $32,150
Previous Owner $546,000
Previous Owner $550,000
Previous Owner $513,000
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 Prior Sale
05/06/2025 05/06/25 Sold $1,370,000 -2.1% $1,013 / Sq Ft
04/11/2025 04/11/25 Pending -- -- --
04/01/2025 04/01/25 For Sale $1,400,000 +145.6% $1,036 / Sq Ft
07/30/2013 07/30/13 Sold $570,000 0.0% $420 / Sq Ft View Prior Sale
06/13/2013 06/13/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $570,000 -- $420 / 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
2026 $8,840 $1,397,400 $1,250,871 $146,529
2025 $8,448 $758,922 $620,630 $138,292
2024 $8,448 $744,042 $608,461 $135,581
2023 $8,247 $729,453 $596,530 $132,923
2022 $8,127 $715,150 $584,833 $130,317
2021 $7,370 $645,528 $573,366 $72,162
2020 $7,332 $638,909 $567,486 $71,423
2019 $7,152 $626,382 $556,359 $70,023
2018 $7,036 $614,100 $545,450 $68,650
2017 $6,913 $602,059 $534,755 $67,304
2016 $6,790 $590,254 $524,269 $65,985
2015 $6,841 $581,388 $516,394 $64,994
2014 $6,665 $570,000 $506,279 $63,721
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25070489

California Regional Multiple Listing Service (CRMLS)

APN: 103-413-04

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