NOT LISTED FOR SALE

2515 Rainbow Falls Cir Corona, CA 92881

South Corona Neighborhood

Estimated Value: $968,274 - $1,107,000

6 Beds
3 Baths
3,237 Sq Ft
$326/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $623,000 $192 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $6,338/month

10 Days on Market

Highlights

  • Primary Bedroom Suite
  • City Lights View
  • Contemporary Architecture
  • Susan B. Anthony Elementary School Rated A
  • Updated Kitchen
  • Property is near a park

About This Home

As of May 2019

This Home Has It All! Two Bedrooms Downstairs, Four Bedrooms Upstairs! Two Family Rooms, One Up, One Downstairs! Located in South Corona at the end of the Cul-De-Sac, Exquisite, Elegant, Bright, Open & LARGE, best describe this Pot-O-Gold at the end of Rainbow Falls! Soaring Vaulted Ceilings, Lots of Natural Light, Beautiful Laminate Wood Flooring, Thick, Comfy Carpeting are Awesome! The Raised Hearth Fireplace in the Family Room has a Custom Built-In Entertainment Alcove! The Large Kitchen Features Beautiful Granite on Counters and Island Bar! The Upper Level Private Master Suite features a Custom Rustic Barn Door, providing seclusion from the Huge Master Bath Area, which has Double Sinks, Comfortable Soaking Tub, Separate Shower Stall, Massive Walk-In Closet & Private Water Closet. Additionally, Three Spacious Bedrooms, Full Hall Bathroom with Double sinks, Upstairs Laundry Room, Large, Family Room #2, complete the Upper Level! Extras Include, Ceilings Fans, Ring Video Door Bell, Alarm System, New LED Recessed Lighting and a Perfect Place for Guests or Mother-In-Law Suite Downstairs! The Huge, Flat, Backyard includes a Covered Patio that runs the entire length of the house, and, Room for a Pool! The included Patio Bar Island features a Top-Line Bull Barbeque & Cool Refrigerator! This Home’s Quiet Location provides Parks, Schools, Restaurants & Churches, All just minutes away!

Last Agent to Sell the Property

Rob Arrietta

Re/Max Partners License #00831652 Listed on: 03/27/2019

Re/Max Partners

Last Buyer's Agent

Justin Tye

Active Realty License #01728694

Active Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,962

Year Built

  • Built in 2000

Lot Details

  • 8,276 Sq Ft Lot
  • Cul-De-Sac
  • West Facing Home
  • Wood Fence
  • Block Wall Fence
  • Level Lot
  • Front and Back Yard Sprinklers
  • Back and Front Yard

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener

Property Views

  • City Lights
  • Peek-A-Boo
  • Mountain
  • Hills

Home Design

  • Contemporary Architecture
  • Turnkey
  • Slab Foundation
  • Frame Construction
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 3,237 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Raised Hearth
  • Double Pane Windows
  • Sliding Doors
  • Panel Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Bonus Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Mirrored Closets Doors
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 26903
  • Assessor Parcel Number 120451010

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,962

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 120451010
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3237.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Pantry, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 6
  • Door Features: Mirror Closet Door(s), Panel Doors, Sliding Doors
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Family Room, Raised Hearth
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 192.46
  • Room Type: Bonus Room, Family Room, Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Suite, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Double Sinks In Bath(s), Double Sinks In Master Bath, Granite Counters, Separate Tub And Shower, Soaking Tub
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Slab
  • Exterior Features: Barbecue Private
  • View: City Lights, Hills, Mountain(s), Peek-A-Boo
  • Fence: Yes
  • Fencing: Block, Wood
  • Patio And Porch Features: Concrete, Covered, Patio Open, Front Porch, Slab
  • Pool Private: No
  • Roof: Concrete, Tile
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Concrete, Garage Faces Front, Garage Door Opener
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Gas Oven, Gas Range, Microwave, Water Line to Refrigerator
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban

Schools

  • School District: Corona-Norco Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Level, Park Nearby, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900
  • Latitude Manual: 33.84823200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8276.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 418.10
  • Tax Lot: 21
  • Tax Tract Number: 26903­

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2019
Closed on
Apr 18, 2019
Sold by
Vasquez Michael L and Vasquez Shiela F
Bought by
Reed Carrie and Reed Grant
Seller's Agent
Rob Arrietta
Re/Max Partners
Buyer's Agent
Justin Tye
Active Realty
List Price
$629,900
Sold Price
$623,000
Premium/Discount to List
-$6,900
-1.1%
Current Estimated Value
$1,054,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,569
Avg. Annual Appreciation
8.59%
Original Mortgage
$588,337
Outstanding Balance
$514,064
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$540,505

Purchase Details

Closed on
Oct 21, 2013
Sold by
Vasquez Michael L and Vasquez Shiela F
Bought by
Vasquez Michael L and Vasquez Shiela F

Purchase Details

Listed on
Feb 25, 2013
Closed on
Mar 7, 2013
Sold by
Beltz Jerad
Bought by
Vasquez Michael L and Vasquez Shiela F
Seller's Agent
Kelli Shaffer
Gold Real Estate
Buyer's Agent
Rob Arrietta
Re/Max Partners
List Price
$450,000
Sold Price
$475,000
Premium/Discount to List
$25,000
5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%
Original Mortgage
$376,000
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2009
Sold by
Beltz Temre
Bought by
Beltz Jerad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,755
Interest Rate
5.3%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 19, 2009
Sold by
Daclan Alan D
Bought by
Beltz Jerad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,755
Interest Rate
5.3%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 2005
Sold by
Daclan Nelia L
Bought by
Daclan Alan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,000
Interest Rate
5.68%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 29, 2005
Sold by
Balt Randall C and Balt Susan D
Bought by
Daclan Alan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,000
Interest Rate
5.68%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 11, 2000
Sold by
Corona 88/Af Xix Ltd
Bought by
Balt Randall C and Balt Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,180
Interest Rate
8.2%
Source: Public Records

Range of Values:

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Average Value
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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
Reed Carrie $623,000 Ticor Title
Vasquez Michael L -- None Available
Vasquez Michael L $475,000 Lawyrs Title
Beltz Jerad -- California Counties Title Co
Beltz Jerad $400,000 California Counties Title Co
Daclan Alan D -- --
Daclan Alan D $690,000 First American Title Company
Balt Randall C $145,750 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Carrie $588,337
Previous Owner Vasquez Michael L $376,000
Previous Owner Beltz Jerad $392,755
Previous Owner Daclan Alan D $483,000
Previous Owner Balt Randall C $233,180
Closed Balt Randall C $43,721
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2019 05/10/19 Sold $623,000 -1.1% $192 / Sq Ft
04/06/2019 04/06/19 Pending -- -- --
03/27/2019 03/27/19 For Sale $629,900 +32.6% $195 / Sq Ft
04/19/2013 04/19/13 Sold $475,000 0.0% $147 / Sq Ft View Prior Sale
03/05/2013 03/05/13 Off Market $475,000 -- --
03/04/2013 03/04/13 Pending -- -- --
02/25/2013 02/25/13 For Sale $450,000 -- $139 / 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 $8,962 $694,964 $167,325 $527,639
2023 $8,962 $667,980 $160,829 $507,151
2022 $8,671 $654,883 $157,676 $497,207
2021 $8,504 $642,043 $154,585 $487,458
2020 $8,404 $635,460 $153,000 $482,460
2019 $7,041 $524,346 $99,345 $425,001
2018 $7,533 $514,066 $97,400 $416,666
2017 $7,568 $503,988 $95,491 $408,497
2016 $7,625 $494,107 $93,619 $400,488
2015 $7,492 $486,687 $92,214 $394,473
2014 $7,308 $477,155 $90,408 $386,747
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG19067847

California Regional Multiple Listing Service (CRMLS)

APN: 120-451-010