NOT LISTED FOR SALE

2348 Rainbow Rd Mariposa, CA 95338

Estimated Value: $494,000 - $539,425

3 Beds
2 Baths
1,610 Sq Ft
$320/Sq Ft Est. Value

Sale Details

Date Sold: August 31, 2023

Last sale price $490,000 $304 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,210 / mo

12 Days on Market

Highlights

  • Second Garage
  • View of Trees or Woods
  • Wood Flooring
  • Primary Bedroom Suite
  • 11.74 Acre Lot
  • No HOA

About This Home

As of August 2023

Take in the tremendous views of Big Bald Rock! Welcome to your mountain top retreat - this home sits at 3400' elevation and overlooks some incredibly unique views of the surrounding Sierra Nevada mountains. Nestled on 11.74 acres, there is more than enough elbow room between you and the neighbors, providing a great amount of privacy and tranquility! The 1610 square foot ranch style home features 3 bedrooms, 2 bathrooms, galley style kitchen, family and living rooms, and a dedicated laundry room. On top of an attached 2-car garage, the property also features a bonus detached workshop for all potential projects! This home is serviced by a community water system, so no need to maintain a private well! This home is an active vacation rental, so if you're looking to make this home a short-term rental, it's ready to go! This setting is hard to beat - take in the fresh mountain air and make this your next home sweet home!

Last Agent to Sell the Property

Richard Ballinger

Realty Concepts, Ltd. License #02065557 Listed on: 07/19/2023

Realty Concepts, Ltd.

Last Buyer's Agent

Rebecca Hatcher

Yosemite Realty License #01882918

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 11.74 Acre Lot
  • Rural Setting
  • Property is zoned 210

Parking

  • 2 Car Attached Garage
  • Second Garage
  • Parking Available
  • Circular Driveway

Property Views

  • Woods
  • Mountain

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,610 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Workshop
  • Wood Flooring

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Separate Outdoor Workshop

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Community Details

  • No Home Owners Association
  • Mountainous Community

Listing and Financial Details

  • Tax Lot A
  • Assessor Parcel Number 0152900820

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

11.74 Acres

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: 210
  • Architectural Style: Ranch
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0152900820
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1610.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 304.35
  • Room Type: Kitchen, Laundry, Living Room, Master Suite, Workshop
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower In Tub

Exterior Features

  • Foundation: Slab
  • Other Structures: Second Garage Detached, Workshop
  • View: Mountain(s), Trees/Woods
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Mountainous, Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 511394.00
  • Lot Size Acres: 11.7400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 511394.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 3.02
  • Tax Lot: A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Aug 24, 2023
Sold by
Arca Family Trust
Bought by
Libby Frederick and Taber-Libby Kendra
Seller's Agent
Richard Ballinger
Realty Concepts, Ltd.
Buyer's Agent
Rebecca Hatcher
Yosemite Realty
List Price
$499,999
Sold Price
$490,000
Premium/Discount to List
-$9,999
-2%
Views
43
Current Estimated Value
$515,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,856
Avg. Annual Appreciation
2.01%
Original Mortgage
$480,290
Outstanding Balance
$469,285
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
$46,571

Purchase Details

Closed on
Mar 17, 2022
Sold by
Gharpure and Amruta
Bought by
Arca Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2020
Sold by
Gharpure Chaitanya P and Kanetkar Amruta C
Bought by
Gharpure Chaitanya and Kanetkar Amruta

Purchase Details

Listed on
Oct 1, 2017
Closed on
Oct 31, 2017
Sold by
Defazio James M and Defazio Mary L
Bought by
Gharpure Chaitanya P and Kanetkar Amruta C
Seller's Agent
Debbie Brozovich
Twiss Realty
Buyer's Agent
Debbie Brozovich
Twiss Realty
List Price
$324,900
Sold Price
$306,000
Premium/Discount to List
-$18,900
-5.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%

Purchase Details

Closed on
Sep 10, 2010
Sold by
Defazio James M and Defazio Mary L
Bought by
Defazio James M and Defazio Mary L

Purchase Details

Closed on
Aug 6, 2010
Sold by
Federal National Mortgage Association
Bought by
Defazio James M and Defazio Mary L

Purchase Details

Closed on
Apr 19, 2010
Sold by
Rivas Linda
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 19, 2008
Sold by
Rivas Linda
Bought by
Rivas Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,500
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2003
Sold by
Va
Bought by
Rivas Lawrence E and Rivas Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.62%
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
Libby Frederick $490,000 Inter County Title
Arca Family Trust -- New Title Company Name
Gharpure Chaitanya -- New Title Company Name
Gharpure Chaitanya -- None Available
Gharpure Chaitanya P -- None Available
Gharpure Chaitanya P $306,000 None Available
Defazio James M -- None Available
Defazio James M $223,000 First American Title Ins Co
Federal National Mortgage Association $237,127 Fidelity Natl Title Ins Co
Rivas Linda -- Integrated Title Inc
Rivas Lawrence E -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Libby Frederick $480,290
Previous Owner Gharpure Chaitanya $250,000
Previous Owner Rivas Linda $223,500
Previous Owner Rivas Lawrence E $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2023 08/31/23 Sold $490,000 -2.0% $304 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $499,999 +63.4% $311 / Sq Ft
11/16/2017 11/16/17 Sold $306,000 -5.8% $190 / Sq Ft View Prior Sale
10/10/2017 10/10/17 Pending -- -- --
10/01/2017 10/01/17 For Sale $324,900 -- $202 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,166 $509,700 $131,580 $378,120
2024 $5,166 $499,900 $129,000 $370,900
2023 $5,166 $344,552 $115,925 $228,627
2022 $3,506 $337,991 $113,652 $224,339
2021 $3,540 $330,659 $111,424 $219,235
2020 $3,515 $318,362 $110,282 $208,080
2019 $3,402 $312,120 $108,120 $204,000
2018 $3,356 $306,000 $106,000 $200,000
2017 $2,625 $252,504 $110,389 $142,115
2016 $2,486 $247,554 $108,225 $139,329
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MP23132858

California Regional Multiple Listing Service (CRMLS)

APN: 015-290-0820

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