NOT LISTED FOR SALE

2562 Rainbow Ln Brea, CA 92821

Estimated Value: $998,411 - $1,052,000

3 Beds
2 Baths
1,399 Sq Ft
$737/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $925,000 $661 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,542/month

8 Days on Market

Highlights

  • Open Floorplan
  • Cathedral Ceiling
  • Corner Lot
  • Brea Country Hills Elementary School Rated A
  • Park or Greenbelt View
  • 5-minute walk to Country Hill Park

About This Home

As of May 2023

Trophy of the Neighborhood: Welcome to the Charming Country Hills neighborhood in the Heart of Brea. This Beautiful Property Boasts 3 Beds, 2 Baths, and a Generous Living Space of 1,399 Sq Ft, Making it the Perfect Place to Call Home. The Entryway Welcomes you into an Open Living Room Adorned with Large Windows Inviting in Natural Light. The Kitchen Features a View of the Greenbelt, Plenty of Cabinets, and is Ideal for Cooking and Hosting Guests which Opens up to a Covered Patio in the Backyard. The Home is within Walking Distance of the Country Hills Elementary School and Park and Close Proximity to Brea Executive Golf Course, Award Winning Schools, Shopping Centers and Freeways. Don't Miss Out on Making this Diamond in the Rough Your Own!

Last Agent to Sell the Property

Irv Schwartz

Legacy Real Estate License #01180040 Listed on: 04/30/2023

Last Buyer's Agent

Kara Burns

Pinpoint Properties License #02090259

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 6,045 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Landscaped
  • Corner Lot
  • Sprinklers on Timer
  • Lawn
  • Back and Front Yard

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Single Garage Door

Home Design

  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Concrete Roof

Interior Spaces

  • 1,399 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Blinds
  • Living Room with Fireplace
  • Park or Greenbelt Views

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Accessible Home Design

  • No Interior Steps
  • Low Pile Carpeting

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Country Hills Elementary School
  • Brea Middle School
  • Brea Olinda High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Tax Lot 54
  • Tax Tract Number 9008
  • Assessor Parcel Number 32017317
  • $367 per year additional tax assessments

Community Details

Overview

  • Winding Way Association, Phone Number (626) 529-3918
  • Greenbelt

Recreation

  • Community Playground
  • Park
  • Dog Park
  • Hiking Trails

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

HOA Fees

$65 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Country Hills
  • View: Yes
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 32017317
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1399.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Open Floorplan, Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: Low Pile Carpeting, No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 661.19
  • Room Type: All Bedrooms Down, Main Floor Master Bedroom, Master Bathroom
  • Window Features: Blinds, Shutters
  • Bathroom Features: Shower In Tub, Walk-In Shower
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Park/Greenbelt
  • Fence: Yes
  • Fencing: Block, Wood
  • Patio And Porch Features: Covered, Wood
  • Pool Private: No
  • Roof: Concrete
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Single Door
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Range, Gas Cooktop, Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 115
  • Amenities: Playground, Dog Park, Hiking Trails
  • Association Fee: 65.00
  • Association Fee Frequency: Monthly
  • Association Name: Winding Way
  • Phone: 626-529-3918
  • Senior Community: No
  • Community Features: Curbs, Park, Street Lights
  • Association Management: Winding Way

Schools

  • Elementary School: Country Hills
  • High School: Brea Olinda
  • Middle Or Junior School: Brea
  • Elementary School #2: COUHIL
  • High School2: BREOLI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Greenbelt, Landscaped, Lawn, Sprinkler System, Sprinklers Timer
  • Lot Size Sq Ft: 6045.00
  • Lot Size Acres: 0.1388
  • Latitude Manual: 33.92050300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6045.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 218.14
  • Tax Lot: 54
  • Tax Tract Number: 9008
  • TaxOtherAnnualAssessmentAmount: 367.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2023
Closed on
May 24, 2023
Sold by
Webber Maynard and Webber Parmoon
Bought by
Webber Family Trust
Seller's Agent
Irv Schwartz
Legacy Real Estate
Buyer's Agent
Kara Burns
Pinpoint Properties
List Price
$899,000
Sold Price
$925,000
Premium/Discount to List
$26,000
2.89%
Views
133
Current Estimated Value
$1,025,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,337
Avg. Annual Appreciation
4.13%
Original Mortgage
$330,000
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Apr 30, 2023
Closed on
May 11, 2023
Sold by
King Stephen R
Bought by
Webber Maynard and Webber Parmoon
Seller's Agent
Irv Schwartz
Legacy Real Estate
Buyer's Agent
Kara Burns
Pinpoint Properties
List Price
$899,000
Sold Price
$925,000
Premium/Discount to List
$26,000
2.89%
Views
133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Webber Family Trust -- None Listed On Document
Webber Maynard $925,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Webber Maynard $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2023 05/31/23 Sold $925,000 +2.9% $661 / Sq Ft
04/30/2023 04/30/23 For Sale $899,000 -- $643 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $1,701 $128,975 $110,918 $18,057
2024 $1,701 $126,447 $108,744 $17,703
2023 $4,520 $387,787 $252,972 $134,815
2022 $4,474 $380,184 $248,012 $132,172
2021 $4,389 $372,730 $243,149 $129,581
2020 $4,359 $368,909 $240,656 $128,253
2019 $4,244 $361,676 $235,937 $125,739
2018 $4,180 $354,585 $231,311 $123,274
2017 $4,100 $347,633 $226,776 $120,857
2016 $4,019 $340,817 $222,329 $118,488
2015 $3,962 $335,698 $218,989 $116,709
2014 $3,847 $329,123 $214,700 $114,423
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23073218

California Regional Multiple Listing Service (CRMLS)

APN: 320-173-17