NOT LISTED FOR SALE

2531 Rainbow Ln Redding, CA 96002

Shasta View Neighborhood

Estimated Value: $445,090

3 Beds
2 Baths
1,690 Sq Ft
$263/Sq Ft Est. Value

Sale Details

Date Sold: December 1, 2025

Last sale price $430,000 $254 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,836 / mo

41 Days on Market

Highlights

  • Deck
  • Quartz Countertops
  • Fireplace
  • Contemporary Architecture
  • No HOA
  • Double Vanity

About This Home

As of December 2025

Like new, stunning home on almost a quarter acre lot. Step into comfort with this beautifully maintained 3 Bedroom, 2 Bath with endless backyard potential. This energy efficient, solar home features a open and bright split floor plan with recessed ceilings in living room and primary bedroom. The spacious backyard is a blank canvas - perfect for a pool, garden or outdoor retreat. Plus RV parking makes room for all your adventures. This property is clean, modern, move-in ready and waiting for you to call Home!

Last Agent to Sell the Property

Doug Phelps

TREG INC - The Real Estate Group License #01241280 Listed on: 10/19/2025

TREG INC - The Real Estate Group

Last Buyer's Agent

Faith Barrett

Real Brokerage Technologies License #02057240

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022

Lot Details

  • 10,019 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,690 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Built-In Microwave
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Double Vanity

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 109-120-080-000

Home Details

Home Type

Single Family

Year Built

Built in 2022

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Bonds HOA: None
  • Directions: Hwy 44 East to Shasta View Dr. Right turn on to Shasta View to a left on Goodwater Ave, Right on Rainbow Lane. Home on left.
  • Kitchen Builtin Oven: Single
  • Kitchen Microwave: Built-in
  • Misc Amenities Gutters: Full
  • Misc Amenities Landscape: Front
  • Misc Amenities Laundry: Hook-ups
  • Prop. Type: Residential
  • Year Built: 2022
  • Lot Size Acres: 0.23
  • Road Surface Type: Asphalt
  • Ownership: Seller
  • MLS Status: Closed
  • Standard Status: Closed
  • Architectural Style: Contemporary
  • Reso Interior Features: High Ceiling, Pantry, Breakfast Bar, Double Vanity
  • Unit Levels: One
  • Year Built Details: 20-30 Years
  • Misc Amenities Fenced2: Partial
  • Water:Public: Yes
  • Misc Amenities Deck2: Open
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Kitchen Countertops: Quartz
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Other

Exterior Features

  • Roof: Composition
  • View: Filter
  • Construction Type: Stucco
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: RV
  • RV Parking: Yes

Utilities

  • Electric: Public
  • Sewer: Sewer, Public Sewer
  • Cooling: Central
  • Heating: Electric, Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 109-120-080-000
  • Lot Dimensions: 10,019
  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2025
Closed on
Dec 19, 2025
Sold by
Fung Jana Lynne
Bought by
Seller's Agent
Doug Phelps
TREG INC - The Real Estate Group
Buyer's Agent
Faith Barrett
Real Brokerage Technologies
List Price
$449,000
Sold Price
$430,000
Premium/Discount to List
-$19,000
-4.23%
Views
70
Current Estimated Value
$445,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,090
Avg. Annual Appreciation
4.35%
Original Mortgage
$421,853
Outstanding Balance
$418,573
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$26,517

Purchase Details

Listed on
Jun 17, 2022
Closed on
Nov 8, 2022
Sold by
Heritage 21 Llc
Bought by
Fung Jana Lynne
Seller's Agent
Samuel Yount
Wahlund & Co. Realty Group
Buyer's Agent
Christopher Michael
Christopher Michael
List Price
$509,900
Sold Price
$452,450
Premium/Discount to List
-$57,450
-11.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.66%

Purchase Details

Listed on
Feb 16, 2022
Closed on
Mar 23, 2022
Sold by
Hanna Joseph L and Hanna Robin S
Bought by
Heritage 21 Llc
Seller's Agent
Lori Stevens
Lifestyle Redding Real Estate
Buyer's Agent
Samuel Yount
Wahlund & Co. Realty Group
List Price
$60,000
Sold Price
$61,000
Premium/Discount to List
$1,000
1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2,189.56%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Shasta View, CA

  • Hans Monvik Real Estate Agent - RE/MAX of Redding

    Hans Monvik

    RE/MAX of Redding

    (530) 561-5723

    33 Total Sales

    1 in Shasta View

    $191,000 Price

    Hans Monvik
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  • Cherrel Kirkland Real Estate Agent - Kirkland Real Estate Partners

    Cherrel Kirkland

    Kirkland Real Estate Partners

    (530) 688-8386

    78 Total Sales

    1 in Shasta View

    $349,000 Price

    Cherrel Kirkland
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  • Jennifer Icenhower Real Estate Agent - Coldwell Banker Select Real Estate - Redding

    Jennifer Icenhower

    Coldwell Banker Select Real Estate - Redding

    (530) 319-5063

    72 Total Sales

    2 in Shasta View

    $185K - $307K Price Range

    Jennifer Icenhower
     Section Image
  • Ben Sprague Real Estate Agent - eXp Realty of California Inc

    Ben Sprague

    eXp Realty of California Inc

    (530) 240-7728

    169 Total Sales

    2 in Shasta View

    $373K - $390K Price Range

    Ben Sprague
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  • Justin Cartwright Real Estate Agent - Waterman Real Estate

    Justin Cartwright

    Waterman Real Estate

    (530) 319-5938

    149 Total Sales

    1 in Shasta View

    $350,000 Price

    Justin Cartwright
     Section Image
  • Richard Howe Real Estate Agent - Better Homes Gardens Real Estate - Results

    Richard Howe

    Responds Quickly

    Better Homes Gardens Real Estate - Results

    (530) 364-5249

    87 Total Sales

    1 in Shasta View

    $395,000 Price

    Richard Howe
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$435,000 Fidelity National Title Compan
Fung Jana Lynne $452,500 Placer Title
Heritage 21 Llc $61,000 Placer Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $421,853
Previous Owner Hanna Joseph L $131,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2025 12/01/25 Sold $430,000 -1.1% $254 / Sq Ft
11/29/2025 11/29/25 Pending -- -- --
11/12/2025 11/12/25 Price Changed $434,900 -3.1% $257 / Sq Ft
10/19/2025 10/19/25 Price Changed $449,000 0.0% $266 / Sq Ft
10/19/2025 10/19/25 For Sale $449,000 -2.2% $266 / Sq Ft
09/27/2025 09/27/25 Pending -- -- --
09/15/2025 09/15/25 Price Changed $459,000 -2.1% $272 / Sq Ft
07/18/2025 07/18/25 For Sale $469,000 +3.7% $278 / Sq Ft
11/16/2022 11/16/22 Sold $452,450 -1.6% $268 / Sq Ft View Prior Sale
11/03/2022 11/03/22 Pending -- -- --
08/31/2022 08/31/22 Price Changed $459,900 -8.0% $272 / Sq Ft
07/12/2022 07/12/22 Price Changed $499,900 -2.0% $296 / Sq Ft
06/17/2022 06/17/22 For Sale $509,900 +735.9% $302 / Sq Ft
03/29/2022 03/29/22 Sold $61,000 +1.7% -- View Prior Sale
02/24/2022 02/24/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $60,000 -- --
Source: Shasta Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,875 $434,900 $70,000 $364,900
2025 $3,815 $358,983 $55,532 $303,451
2024 $3,761 $351,945 $54,444 $297,501
2023 $3,761 $62,220 $62,220 $0
2022 $145 $11,592 $11,592 $0
2021 $125 $11,365 $11,365 $0
2020 $124 $11,249 $11,249 $0
2019 $123 $11,029 $11,029 $0
2018 $122 $10,813 $10,813 $0
2017 $124 $10,601 $10,601 $0
2016 $116 $10,394 $10,394 $0
2015 $115 $10,238 $10,238 $0
2014 -- $10,038 $10,038 $0
Source: Public Records

Agents Affiliated with this Home

  • Doug Phelps Real Estate Agent - TREG INC - The Real Estate Group

    Seller's Agent in 2025

    Doug Phelps

    TREG INC - The Real Estate Group

    (530) 227-1691

    1 in this area

    35 Total Sales

    Doug Phelps
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  • Faith Barrett Real Estate Agent - Real Brokerage Technologies

    Buyer's Agent in 2025

    Faith Barrett

    Real Brokerage Technologies

    (530) 339-1788

    5 in this area

    456 Total Sales

    Faith Barrett
    Section Image

  • SY

    Seller's Agent in 2022

    Samuel Yount

    Wahlund & Co. Realty Group

    (530) 941-6004

    8 in this area

    65 Total Sales

    Samuel Yount
    Section Image

  • LS

    Seller's Agent in 2022

    Lori Stevens

    Lifestyle Redding Real Estate

    Section Image

  • CM

    Buyer's Agent in 2022

    Christopher Michael

    Christopher Michael

    Section Image
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Map

Source: Shasta Association of REALTORS®

MLS Number: 25-3305

Shasta Association of REALTORS®

APN: 109-120-080-000

California Shasta County Redding 96002 Shasta View

2531 Rainbow Ln, Redding, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Shasta Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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