$61,000
SOLD MAR 29, 2022

2531 Rainbow Ln Redding, CA 96002

Shasta View Neighborhood
0.23 Acre
$265,217 Price per Acre
10,019 Sq Ft Lot

Recently Sold

2% Above List Price

9 Days on Market

About This Lot

As of November 2022

This City Lot is ready for your new home! Level lot with some mature trees provide nice shade. Utilities are at the street including water and electric. Public sewer also at the street. Great East Redding location close to transportation, churches, shopping and restaurants. Some improvements may be required by the City of Redding. CB1039

Last Agent to Sell the Property

Lori Stevens

Lifestyle Redding Real Estate License #01231854 Listed on: 02/16/2022

Lifestyle Redding Real Estate

Last Buyer's Agent

Samuel Yount

Banner Real Estate License #01422100

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,815

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 109-120-080-000

Property Details

Property Type

Land

Est. Annual Taxes

$3,815

Lot Details

0

Listing Details

  • Directions: Hwy 44 East To Right on Shasta View, Left on Goodwater. Right on Rainbow Ln.
  • Prop. Type: Lots/Land
  • Lot Size Acres: 0.23
  • Road Frontage Type: City
  • Road Surface Type: Asphalt
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Topography: Level

Lot Info

  • Parcel #: 109-120-080-000
  • Current Use: None
  • Lot Dimensions: 10,019
  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres
  • Zoning Description: Not Available
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

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
Banner Real Estate
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
-0.13%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $452,500 Placer Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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% --
02/24/2022 02/24/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $60,000 -- --
Source: Shasta Association of REALTORS®

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 $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

    Seller's Agent in 2025

    Doug Phelps

    TREG INC - The Real Estate Group

    (530) 227-1691

    43 Total Sales

    Doug Phelps
    Section Image

  • J

    Buyer's Agent in 2025

    Jesse Eline

    eXp Realty of Northern California, Inc.

    (530) 605-6776

    2 in this area

    214 Total Sales

    Jesse Eline
    Section Image

  • S

    Seller's Agent in 2022

    Samuel Yount

    Banner Real Estate

    (530) 941-6004

    8 in this area

    103 Total Sales

    Samuel Yount
    Section Image

  • L

    Seller's Agent in 2022

    Lori Stevens

    Lifestyle Redding Real Estate

    Section Image

  • C

    Buyer's Agent in 2022

    Christopher Michael

    Christopher Michael

    (916) 626-9080

    1 in this area

    11 Total Sales

    Christopher Michael
    Section Image
See All Agents

Map

Source: Shasta Association of REALTORS®

MLS Number: 22-661

Shasta Association of REALTORS®

APN: 109-120-080-000

California Shasta County Redding 96002 Shasta View

2531 Rainbow Ln, Redding, CA

This home is located at 2531 Rainbow Ln, Redding, CA 96002 and is currently priced at $61,000. 2531 Rainbow Ln is a home located in Shasta County with nearby schools including Shasta Meadows Elementary School, Parsons Junior High School, and Enterprise High School.

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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