NOT LISTED FOR SALE

2501 Rainbow Ln Brea, CA 92821

Estimated Value: $1,088,000 - $1,247,000

4 Beds
2 Baths
1,628 Sq Ft
$715/Sq Ft Est. Value

Last Sold January 21, 2015

Last sale price $619,000 $380 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $6,836/month

175 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Private Yard
  • 4-minute walk to Country Hill Park
  • Brea Country Hills Elementary School Rated A
  • Central Air

About This Home

As of January 2015

Price just reduced! Rare single-story Country Hills home, that is been totally upgraded. Offering 4 bedrooms, 2 bathrooms and a wonderful entertainment area in the backyard, complete with a water feature, covered patio with seating and new decking. This home offers a flowing floor plan, with hardwood floors throughout, upgraded appliances in the kitchen, along with granite countertops, dual pane windows, French doors, recessed lighting and more. The interior is tastefully decorated with the eye of an artist and has beautiful designer colors! Romantic fireplace, copper plumbing, central air conditioning, a finished two-car garage with interior access and laundry facility are among the amenities this home has the offer. Country Hills long known as a pride of ownership community, with soft rolling hills and green belts. Check out these award-winning schools: Country Hills Elementary, Brea Jr. High, School and Brea Olinda High School. Go Wildcats! Close to Brea Mall, shopping and restaurants of many different verities, Downtown Brea's entertainment area, parks, freeway access, and much more. Move-in ready. Don't miss-out on this home!

Last Agent to Sell the Property

Jenny Chung

Circa Properties, Inc. License #01375844 Listed on: 10/27/2014

Circa Properties, Inc.

Last Buyer's Agent

Jenny Chung

Circa Properties, Inc. License #01375844 Listed on: 10/27/2014

Circa Properties, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 5,227 Sq Ft Lot
  • Private Yard

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,628 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Private Water Source

Listing and Financial Details

  • Tax Lot 58
  • Tax Tract Number 9008
  • Assessor Parcel Number 32017236

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Country Hills Estates (CHE)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 32017236
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1628.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 380.22
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 42.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 5227.00
  • Lot Size Acres: 0.1200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5227.0000 Square Feet
  • Number Of Units In Community: 94
  • Number Of Units Total: 94

Tax Info

  • Tax Lot: 58
  • Tax Tract Number: 9008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2014
Closed on
Nov 26, 2014
Sold by
Kim Tae Hee H
Bought by
Shen Walter and Kim Angela T
Seller's Agent
Jenny Chung
Circa Properties, Inc.
Buyer's Agent
Jenny Chung
Circa Properties, Inc.
List Price
$638,000
Sold Price
$619,000
Premium/Discount to List
-$19,000
-2.98%
Current Estimated Value
$1,164,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$545,573
Avg. Annual Appreciation
5.94%
Original Mortgage
$550,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2004
Sold by
Ofer Aharon Roni and Ofer Maxima
Bought by
Kim Tae Hee H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
3.68%
Mortgage Type
Balloon

Purchase Details

Closed on
May 28, 1997
Sold by
Konsolidated Properties Corp
Bought by
Ofer Aharon and Ofer Maxima
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
Shen Walter $619,000 First American Title Company
Kim Tae Hee H $570,000 Fidelity National Title Co
Ofer Aharon $55,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shen Walter $550,000
Previous Owner Kim Tae Hee H $456,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2015 01/21/15 Sold $619,000 -3.0% $380 / Sq Ft
11/23/2014 11/23/14 Pending -- -- --
10/30/2014 10/30/14 Price Changed $638,000 0.0% $392 / Sq Ft
10/30/2014 10/30/14 For Sale $638,000 +3.1% $392 / Sq Ft
09/15/2014 09/15/14 Off Market $619,000 -- --
08/22/2014 08/22/14 Price Changed $655,000 -2.1% $402 / Sq Ft
07/23/2014 07/23/14 Price Changed $669,000 -2.3% $411 / Sq Ft
07/20/2014 07/20/14 Price Changed $685,000 -2.0% $421 / Sq Ft
06/01/2014 06/01/14 For Sale $699,000 -- $429 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,309 $743,941 $612,137 $131,804
2024 $8,309 $729,354 $600,134 $129,220
2023 $8,080 $715,053 $588,366 $126,687
2022 $8,004 $701,033 $576,830 $124,203
2021 $7,853 $687,288 $565,520 $121,768
2020 $7,801 $680,241 $559,721 $120,520
2019 $7,588 $666,903 $548,746 $118,157
2018 $7,473 $653,827 $537,986 $115,841
2017 $7,330 $641,007 $527,437 $113,570
2016 $7,184 $628,439 $517,095 $111,344
2015 $6,795 $585,804 $486,321 $99,483
2014 $6,598 $574,329 $476,794 $97,535
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14114164

California Regional Multiple Listing Service (CRMLS)

APN: 320-172-36