2820 Rainbow Ln Banning, CA 92220
Estimated Value: $362,000 - $403,116
2
Beds
3
Baths
1,940
Sq Ft
$198/Sq Ft
Est. Value
About This Home
This home is located at 2820 Rainbow Ln, Banning, CA 92220 and is currently estimated at $384,529, approximately $198 per square foot. 2820 Rainbow Ln is a home located in Riverside County with nearby schools including Banning High School, Young Scholar Education Center, and Calvary Christian School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 5, 2011
Sold by
Shearman Carol and Shearman Gerald
Bought by
Shearman Carol and Shearman Gerald
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Outstanding Balance
$3,908
Interest Rate
4.84%
Mortgage Type
New Conventional
Estimated Equity
$380,621
Purchase Details
Closed on
Apr 11, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Shearman Gerald W and Shearman Carol A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Outstanding Balance
$3,908
Interest Rate
4.84%
Mortgage Type
New Conventional
Estimated Equity
$380,621
Purchase Details
Closed on
Oct 20, 2010
Sold by
Wood Nancy R
Bought by
Deutsche Bank National Trust Company
Purchase Details
Closed on
Aug 21, 2006
Sold by
Buenabenta Jules Gilbert
Bought by
Wood Nancy R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,641
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 18, 2003
Sold by
Buenabenta Jules Gilbert
Bought by
Buenabenta Jules Gilbert and The Jules Gilbert Buenabenta Family Tr
Purchase Details
Closed on
Jan 23, 2002
Sold by
Weeks Edward E and Weeks Yong Tae
Bought by
Buenabenta Jules Gilbert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
6.94%
Purchase Details
Closed on
Aug 9, 2000
Sold by
Saliani Frank and Saliani Jennie
Bought by
Weeks Edward E and Weeks Yong Tae
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.98%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shearman Carol | -- | None Available | |
| Shearman Gerald W | $105,000 | Orange Coast Title Lender Se | |
| Deutsche Bank National Trust Company | $132,175 | Accommodation | |
| Wood Nancy R | $266,000 | Equity Title Company | |
| Buenabenta Jules Gilbert | -- | -- | |
| Buenabenta Jules Gilbert | $135,000 | Equity Title Company | |
| Buenabenta Jules Gilbert | -- | Equity Title Company | |
| Weeks Edward E | $110,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shearman Gerald W | $72,500 | |
| Previous Owner | Wood Nancy R | $265,641 | |
| Previous Owner | Buenabenta Jules Gilbert | $101,600 | |
| Previous Owner | Weeks Edward E | $88,000 | |
| Closed | Weeks Edward E | $22,000 |
Source: Public Records
Tax History Compared to Growth
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 | $1,776 | $134,509 | $25,616 | $108,893 |
| 2023 | $1,776 | $129,287 | $24,622 | $104,665 |
| 2022 | $1,735 | $126,753 | $24,140 | $102,613 |
| 2021 | $1,701 | $124,268 | $23,667 | $100,601 |
| 2020 | $1,684 | $122,995 | $23,425 | $99,570 |
| 2019 | $1,656 | $120,584 | $22,966 | $97,618 |
| 2018 | $1,643 | $118,220 | $22,516 | $95,704 |
| 2017 | $1,613 | $115,903 | $22,075 | $93,828 |
| 2016 | $1,533 | $113,632 | $21,643 | $91,989 |
| 2015 | $1,510 | $111,927 | $21,319 | $90,608 |
| 2014 | $1,498 | $109,736 | $20,902 | $88,834 |
Source: Public Records
Map
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