NOT LISTED FOR SALE

1832 Rainbow Ln Modesto, CA 95351

Bystorm Neighborhood

Estimated Value: $238,000 - $431,000

3 Beds
1 Bath
1,312 Sq Ft
$275/Sq Ft Est. Value

Last Sold April 11, 2012

Last sale price $89,000 $68 Per Sq Ft

Est. 305% increase in value since last sale

Current estimated payment $2,007/month

56 Days on Market

Highlights

  • 0.38 Acre Lot
  • Central Heating
  • 1-Story Property
  • No HOA

About This Home

As of April 2012

3 Bedroom, 1 Bath home on .38 Acres! FannieMae HomePath property. Purchase for as little as 3% down! Property is approved for HomePath Renovation Financing.

Last Agent to Sell the Property

Amy Ruvalcaba

Central California Realty License #01187337 Listed on: 12/21/2011

Last Buyer's Agent

Jim Chandler

Forbes Mill RE & Investment License #01118389

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946

Lot Details

  • 0.38 Acre Lot

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,312 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Separate Shower

Utilities

  • Central Heating
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 039-027-012-000

Home Details

Home Type

Single Family

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Year Built: 1946
  • Stories: 1
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet,Linoleum/Vinyl
  • Bathroom Features: Shower Stall(s)
  • Bathrooms: 1.00
  • Dining Room Features: Space in Kitchen
  • Room Type: Baths Other
  • Price Per Square Foot: 67.84
  • Square Footage: 1312

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs
  • Foundation: Raised
  • Listing Price: 82500.00
  • Pool: No
  • Road Surface Type: Unimproved
  • Roof: Composition
  • View Description: Local

Garage/Parking

  • Carport Spaces: 2
  • Garage Spaces: 2

Utilities

  • Sewer: Septic System
  • Utilities: All Public
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Laundry Features: Inside Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Ceres Unified

Lot Info

  • Zoning Description: Unknown
  • Lot Size Acres: 0.3800
  • Lot Dimensions: 0x0
  • Lot Size Sq Ft: 16553

Tax Info

  • Assessor Parcel Number: 039-027-012-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2013
Sold by
Federal National Mortgage Association
Bought by
Turlock Irrigation District
Current Estimated Value
$360,532

Purchase Details

Listed on
Dec 21, 2011
Closed on
Apr 9, 2012
Sold by
Federal National Mortgage Association
Bought by
Esparza Abel A
Seller's Agent
Amy Ruvalcaba
Central California Realty
Buyer's Agent
Jim Chandler
Forbes Mill RE & Investment
List Price
$82,500
Sold Price
$89,000
Premium/Discount to List
$6,500
7.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.73%
Original Mortgage
$75,200
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2011
Sold by
Vargas Salvador and Vargas Gloria
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 6, 2007
Sold by
Anderson Steven P and The R E Anderson Revocable Tru
Bought by
Vargas Salvador and Vargas Maria Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2005
Sold by
Anderson Raymond E
Bought by
Anderson Raymond E and R E Anderson Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Turlock Irrigation District -- None Available
Esparza Abel A $89,000 Servicelink
Federal National Mortgage Association $211,629 None Available
Vargas Salvador $250,000 Old Republic Title Company
Anderson Raymond E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Esparza Abel A $75,200
Previous Owner Vargas Salvador $237,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2012 04/11/12 Sold $89,000 +7.9% $68 / Sq Ft
02/15/2012 02/15/12 Pending -- -- --
12/21/2011 12/21/11 For Sale $82,500 -- $63 / Sq Ft
Source: MetroList

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 $1,420 $111,777 $31,394 $80,383
2024 $1,338 $109,586 $30,779 $78,807
2023 $1,305 $107,438 $30,176 $77,262
2022 $1,295 $105,333 $29,585 $75,748
2021 $1,284 $103,268 $29,005 $74,263
2020 $1,212 $102,210 $28,708 $73,502
2019 $1,241 $100,207 $28,146 $72,061
2018 $1,218 $98,244 $27,595 $70,649
2017 $1,209 $96,318 $27,054 $69,264
2016 $1,187 $94,430 $26,524 $67,906
2015 $1,172 $93,012 $26,126 $66,886
2014 $1,150 $91,191 $25,615 $65,576
Source: Public Records

Agents Affiliated with this Home

  • Amy Ruvalcaba

    Seller's Agent in 2012

    Amy Ruvalcaba

    Central California Realty

    (209) 988-8659

    55 Total Sales

    Amy Ruvalcaba
    Section Image
  • Jim Chandler

    Buyer's Agent in 2012

    Jim Chandler

    Forbes Mill RE & Investment

    (209) 345-0643

    6 Total Sales

    Jim Chandler
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 11088029

MetroList

APN: 039-27-12

California Stanislaus County Modesto 95351 Bystorm

1832 Rainbow Ln, Modesto, CA

Not Listed for Sale

Detached

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