NOT LISTED FOR SALE

181 Rainbow Rd Emigrant Gap, CA 95715

Estimated Value: $334,000 - $483,000

2 Beds
1 Bath
676 Sq Ft
$618/Sq Ft Est. Value

Last Sold August 12, 2016

Last sale price $365,000 $540 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,562/month

5 Days on Market

Highlights

  • Panoramic View
  • Deck
  • Stream or River on Lot
  • Donner Trail Elementary School Rated A
  • Living Room with Fireplace
  • Wood Flooring

About This Home

As of August 2016

This is one of those little dream cabin perched right on the cascading South Fork of the Yuba River. Sit in your cozy living area in front of a wood burning fireplace with a nice glass of wine and listen to the rushing river. With Chesapeake knotty pine through out, it is truly Old Tahoe on a fabulous lot. With just a little effort, you can access this cute cabin with a fabulous river front lot and a panoramic view of the Sierras right across the canyon. This won't last long.

Last Agent to Sell the Property

Jim Wiggins

Corcoran Global Living License #00690596 Listed on: 07/01/2016

Corcoran Global Living

Last Buyer's Agent

Jim Wiggins

Corcoran Global Living License #00690596 Listed on: 07/01/2016

Corcoran Global Living

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Sloped Down

Parking

  • No Garage

Property Views

  • Panoramic
  • Mountain

Home Design

  • Fixer Upper
  • Block Foundation
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 676 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Stream or River on Lot
  • Deck

Utilities

  • Heating System Uses Propane
  • Septic System

Community Details

  • Donner Summit Community

Home Details

Home Type

Single Family

Lot Details

4,966 Sq Ft Lot

Listing Details

  • Age: 50+ Years
  • Estimated Lot Size: 0 - .255
  • Community: Donner Summit
  • Directions: From Truckee take exit 168 and westbound take exit 166, Old Highway 40 to Rainbow Lodge.
  • Optional Financing: Cash To New Loan, None - Cash Only
  • Service Type: Full Service
  • Setting: River/Creek
  • Sub-Area: 8DS
  • Sub-Status: Standard
  • Topography: Upslope, Downslope
  • Other: High Ceilings
  • Sewer: Septic
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Old Tahoe
  • Property Condition: Fixer
  • Sign YN: y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Propane
  • Estimated Sq Ft: 676
  • Stories: Two
  • Water Company: RMWC
  • Gas: Propane
  • Water: Water Company
  • Appliances: Range, Oven, Microwave, Refrigerator
  • Fireplace: Living Room, Insert
  • Furnished: Partial
  • Bathrooms: 1
  • Bedrooms: 2
  • Floor Coverings: Wood

Exterior Features

  • View: Panoramic, Mountain, River/Creek
  • Construction Exterior: Log
  • Foundation: Perim Concrete, Perim Block
  • Roof: Metal
  • Decks: 1
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: None

Lot Info

  • Lot Number: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2016
Closed on
Aug 14, 2016
Sold by
Leboa Eric and Cole Theresa
Bought by
Smith Michael D and Smith Dina C
Seller's Agent
Jim Wiggins
Corcoran Global Living
Buyer's Agent
Jim Wiggins
Corcoran Global Living
List Price
$385,000
Sold Price
$365,000
Premium/Discount to List
-$20,000
-5.19%
Current Estimated Value
$417,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,827
Avg. Annual Appreciation
1.43%

Purchase Details

Closed on
Oct 14, 2009
Sold by
Leboa Eric and Cole Theresa
Bought by
Leboa Eric and Cole Theresa

Purchase Details

Closed on
Jul 8, 1999
Sold by
Mychele Lindvall
Bought by
Leboa Eric and Cole Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 1995
Sold by
Laboa Carl
Bought by
Lindvall Mychele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Smith Michael D $365,000 Fidelity National Title Co
Leboa Eric -- None Available
Leboa Eric $115,000 Fidelity National Title Co
Lindvall Mychele -- Fidelity National Title Co
Lindvall Mychele $115,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leboa Eric $92,000
Previous Owner Lindvall Mychele $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2016 08/12/16 Sold $365,000 -5.2% $540 / Sq Ft
07/06/2016 07/06/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $385,000 -- $570 / Sq Ft
Source: Tahoe Sierra Board of REALTORS®

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 $4,987 $423,609 $116,056 $307,553
2023 $4,987 $407,161 $111,550 $295,611
2022 $4,909 $399,178 $109,363 $289,815
2021 $4,534 $391,352 $107,219 $284,133
2020 $4,586 $387,340 $106,120 $281,220
2019 $4,611 $379,746 $104,040 $275,706
2018 $4,446 $372,300 $102,000 $270,300
2017 $4,378 $365,000 $100,000 $265,000
2016 $2,026 $149,292 $51,925 $97,367
2015 $1,980 $147,051 $51,146 $95,905
2014 $1,905 $144,172 $50,145 $94,027
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20162164

Tahoe Sierra Board of REALTORS®

APN: 066-120-013

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