NOT LISTED FOR SALE

2880 Rainbow Ln Banning, CA 92220

Estimated Value: $339,000 - $374,000

3 Beds
2 Baths
1,289 Sq Ft
$281/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $280,000 $217 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,371/month

1 Day on Market

Highlights

  • Fitness Center
  • Active Adult
  • Clubhouse
  • Spa
  • Mountain View
  • Tennis Courts

About This Home

As of May 2021

Charming Home in 55 Plus Gated Community of "Serrano del Vista". Vaulted Ceilings, Custom Painted Interior, Custom Window Coverings, 6-Panel Interior Doors and Upgraded Light Fixtures thru-out. Ceramic Tiled Floors in Entry, Dining Room, Kitchen and Bathrooms. Wood Laminate Floors in Living Rm, Hallway and Bedrooms. Kitchen has Built-In Microwave, 4-Burner Gas Range, Dishwasher and Double-Sink. Dining Room and Master Bedroom has Sliders leading to Back Yard. Master Bedroom has Vaulted Ceilings and Saloon Doors leading to Master Bathroom. 3rd Bdrm is very Spacious and is currently used as a Den with Double Door entry with Custom Glass Inserts. Interior Individual Laundry Room has a deep Linen Closet. Ceiling Fans in Master Bdrm and Guest Bdrm. Guest Bathroom has Upgraded Tub Enclosure and Faucet. 2-Car Attached Garage is finished with Built-In Cabinets and has side door leading to side and back yards. Back Yard features Aluminum Patio Cover with nobody behind with Gorgeous View of Hills and San Jacinto Mountain. Unlike some other homes in this community, this one has a Full-Sized Driveway.

Last Agent to Sell the Property

Anna Selvaggi

Berkshire Hathaway Homeservices California Realty License #01257798 Listed on: 04/05/2021

Berkshire Hathaway Homeservices California Realty

Last Buyer's Agent

Kathy Schwab

AWESON REALTY License #00635012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 4,356 Sq Ft Lot
  • Sprinkler System
  • Property is zoned R1

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Driveway
  • Automatic Gate

Property Views

  • Mountain
  • Hills

Home Design

  • Turnkey
  • Planned Development
  • Stucco

Interior Spaces

  • 1,289 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Spa
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tax Lot 217
  • Tax Tract Number 18063
  • Assessor Parcel Number 538323007

Community Details

Overview

  • Active Adult
  • Serrano Del Vista Association, Phone Number (626) 967-7921

Amenities

  • Clubhouse
  • Billiard Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$140 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Serrano Del Vista
  • View: Yes
  • Zoning: R1
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 538323007
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1289.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 217.22
  • Room Type: All Bedrooms Down, Kitchen, Master Bathroom, Master Bedroom
  • Spa Features: Association
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Walk-In Shower
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Hills, Mountain(s)
  • Patio And Porch Features: Covered
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Water Heater
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Gym/Ex Room, Clubhouse, Billiard Room, Pets Permitted, Call for Rules
  • Association Fee: 140.00
  • Association Fee Frequency: Monthly
  • Association Name: Serrano Del Vista
  • Phone: 626-967-7921
  • Senior Community: Yes
  • Common Interest: Planned Development
  • Community Features: Street Lights
  • Association Management: Serrano Del Vista

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4356.0000 Square Feet
  • Number Of Units In Community: 350
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 443.00
  • Tax Lot: 217
  • Tax Tract Number: 18063

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2021
Closed on
Apr 19, 2021
Sold by
Huerta Sheila H and Smith Gerald E
Bought by
Reese Rocio
Seller's Agent
Anna Selvaggi
Berkshire Hathaway Homeservices California Realty
Buyer's Agent
Kathy Schwab
AWESON REALTY
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Current Estimated Value
$362,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,189
Avg. Annual Appreciation
5.69%
Original Mortgage
$194,500
Outstanding Balance
$175,890
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$186,299

Purchase Details

Closed on
Sep 10, 2019
Sold by
Huerta Sheila H and Smith Gerald E
Bought by
Huerta Sheila H and Smith Gerald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2018
Sold by
Huerta Sheila H
Bought by
Smith Garld E and Huerta Sheila H

Purchase Details

Closed on
Mar 26, 2004
Sold by
Banning 144 Llc
Bought by
Huerta Sheila H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Reese Rocio $280,000 Chicago Title Company
Huerta Sheila H -- Corinthian Title Company
Smith Garld E -- None Available
Huerta Sheila H $196,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reese Rocio $194,500
Previous Owner Huerta Sheila H $192,000
Previous Owner Huerta Sheila H $58,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2021 05/20/21 Sold $280,000 +1.8% $217 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $275,000 -- $213 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,045 $303,080 $21,648 $281,432
2023 $4,045 $291,312 $20,808 $270,504
2022 $3,954 $285,600 $20,400 $265,200
2021 $3,301 $238,796 $23,072 $215,724
2020 $2,947 $213,210 $20,600 $192,610
2019 $3,942 $283,209 $57,345 $225,864
2018 $2,908 $207,000 $42,000 $165,000
2017 $2,616 $186,000 $38,000 $148,000
2016 $2,260 $166,000 $34,000 $132,000
2015 $2,178 $160,000 $32,000 $128,000
2014 $1,981 $144,000 $29,000 $115,000
Source: Public Records

Agents Affiliated with this Home

  • Anna Selvaggi

    Seller's Agent in 2021

    Anna Selvaggi

    Berkshire Hathaway Homeservices California Realty

    (951) 423-5347

    9 in this area

    75 Total Sales

    Anna Selvaggi
    Section Image
  • Kathy Schwab

    Buyer's Agent in 2021

    Kathy Schwab

    AWESON REALTY

    (951) 206-4088

    1 in this area

    8 Total Sales

    Kathy Schwab
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV21069862

California Regional Multiple Listing Service (CRMLS)

APN: 538-323-007

California Riverside County Banning 92220

2880 Rainbow Ln, Banning, CA

Not Listed for Sale

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