NOT LISTED FOR SALE

2550 Rainbow Ln Redding, CA 96002

Shasta View Neighborhood

Estimated Value: $379,000 - $398,000

3 Beds
2 Baths
1,648 Sq Ft
$236/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $360,000 $218 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,395/month

6 Days on Market

Highlights

  • Parking available for a boat
  • Vaulted Ceiling
  • Solid Surface Countertops
  • Enterprise High School Rated A-
  • Traditional Architecture
  • No HOA

About This Home

As of November 2021

Eastside Gem with Pool! Roomy and comfortable square footage with living room and beautiful step down family room. Alumawood patio cover over relaxing space by the beautiful pool. Extremely convenient location near shopping and schools. Brand new roof! Extra large master bedroom with walk in closet. Dual pane windows throughout and HVAC. Gas fireplace. Attached 2 car garage with RV parking. Alley access off the rear of the property. Cute workshop/tool shed. Wonderfully landscaped front and back.

Last Agent to Sell the Property

Nate Molter

eXp Realty of California, Inc. License #01269275 Listed on: 10/06/2021

eXp Realty of California, Inc.

Last Buyer's Agent

Shane Paiz

eXp Realty of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,139

Year Built

  • Built in 1974

Lot Details

  • 9,583

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,648 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Off-Street Parking
  • Parking available for a boat
  • RV Access or Parking

Additional Features

  • 9,583 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 109-110-001-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,139

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Bonds HOA: None
  • Directions: HWY 44 East to Shasta View. Right on Shasta View, Left on Goodwater, Right on Rainbow Lane.
  • Kitchen Fuel Source: Natural Gas
  • Kitchen Microwave: Built-in
  • Misc Amenities Laundry: In Garage
  • Prop. Type: Residential
  • Year Built: 1974
  • Lot Size Acres: 0.22
  • Road Surface Type: Asphalt
  • Ownership: Seller
  • Subdivision Name: N/A
  • Architectural Style: Traditional
  • Reso Interior Features: Breakfast Bar, Eat-in Kitchen, Vaulted Ceiling(s)
  • Unit Levels: One
  • Property Attached Yn: No
  • Year Built Details: 30+
  • Misc Amenities Fenced2: None
  • Water:Public: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Kitchen Countertops: Solid Surface
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplace:Living Room2: Yes

Exterior Features

  • Roof: Composition
  • View: None
  • Construction Type: Stucco
  • Foundation Details: Raised
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Parking Features: Off Street, RV Access/Parking, Boat
  • ParkingOffStreet: Yes
  • RV Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 109-110-001-000
  • Lot Dimensions: 9,495
  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Nov 11, 2021
Sold by
Frerichs Connie S and Frerichs Richard A
Bought by
Kimbrel Richard and Contant Brian
Seller's Agent
Nate Molter
eXp Realty of California, Inc.
Buyer's Agent
Shane Paiz
eXp Realty of California, Inc.
List Price
$365,000
Sold Price
$360,000
Premium/Discount to List
-$5,000
-1.37%
Current Estimated Value
$388,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,110
Avg. Annual Appreciation
2.24%
Original Mortgage
$260,000
Outstanding Balance
$239,741
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$152,235
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 Buyer Sale Price Title Company
Kimbrel Richard $360,000 Fidelity Natl Ttl Co Of Ca
Kimbrel Richard -- Fidelity Natl Ttl Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kimbrel Richard $260,000
Previous Owner Frerichs Richard A $48,601
Previous Owner Frerichs Richard A $35,000
Previous Owner Frerichs Richard A $59,000
Previous Owner Frerichs Richard A $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $360,000 -1.4% $218 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $365,000 -- $221 / Sq Ft
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 $4,139 $382,034 $58,366 $323,668
2024 $4,082 $374,544 $57,222 $317,322
2023 $4,082 $367,200 $56,100 $311,100
2022 $3,967 $360,000 $55,000 $305,000
2021 $37 $93,561 $8,622 $84,939
2020 $36 $92,603 $8,534 $84,069
2019 $36 $90,788 $8,367 $82,421
2018 $35 $89,008 $8,203 $80,805
2017 $34 $87,264 $8,043 $79,221
2016 $33 $85,554 $7,886 $77,668
2015 $33 $84,270 $7,768 $76,502
2014 $32 $82,620 $7,616 $75,004
Source: Public Records

Agents Affiliated with this Home

  • Nate Molter

    Seller's Agent in 2021

    Nate Molter

    eXp Realty of California, Inc.

    (530) 221-7478

    7 in this area

    327 Total Sales

    Nate Molter
    Section Image

  • S

    Buyer's Agent in 2021

    Shane Paiz

    eXp Realty of California, Inc.

  • R

    Buyer Co-Listing Agent in 2021

    Richard Nance

    eXp Realty of California, Inc.

See All Agents

Map

Source: Shasta Association of REALTORS®

MLS Number: 21-4742

Shasta Association of REALTORS®

APN: 109-110-001-000

California Shasta County Redding 96002 Shasta View

2550 Rainbow Ln, Redding, CA

This home is located at 2550 Rainbow Ln, Redding, CA 96002 since 06 October 2021 and is currently estimated at $388,110, approximately $235 per square foot. This property was built in 1974. 2550 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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