NOT LISTED FOR SALE

29478 Rainbow Forest Way Menifee, CA 92584

Menifee Lakes Neighborhood

Estimated Value: $476,684 - $500,000

2 Beds
2 Baths
1,690 Sq Ft
$291/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $460,000 $272 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,203/month

169 Days on Market

Highlights

  • Golf Course Community
  • Active Adult
  • Community Lake
  • Gated with Attendant
  • Open Floorplan
  • Clubhouse

About This Home

As of June 2024

Senior living at its finest here at the Oasis. Must be 55+ yrs young to reside here and enjoy the golfing and lovely community clubhouse. These homes are not in the older senior core area, but rather along Antelope Rd and just less than a mile from the quality grocery stores as well as many restaurants and one stop shopping from Target to Lowes and the newly anticipated bowling alley and movie theaters coming, Walking distance to the miles long hiking trail for all your outdoor activities close to your front door. This home boasts an open living floor plan with 2 bedrooms and 2 full baths as well as great room centered by fireplace. Formal dining room or study area as well as secondary room that would be perfect for your home office. Freshly painted interior, new hard surface vinyl flooring and new carpet, flat top surfaces in the kitchen with center island and built in appliances. 2 car garage and concrete rear patio as well as overhead slated patio cover. Make this lovely home yours for the New Year!

Last Agent to Sell the Property

MARGARET MCCOY

COLDWELL BANKER ASSOC BRKR/CL Brokerage Phone: 951-640-7056 License #00786713 Listed on: 12/19/2023

Last Buyer's Agent

Sophia Chang

New Star Realty & Investment License #02029179

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,429

Year Built

  • Built in 2003

Lot Details

  • 6,098 Sq Ft Lot
  • Property is zoned SP ZONE

HOA Fees

  • $310 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway
  • Off-Street Parking

Home Design

  • Modern Architecture
  • Entry on the 1st floor
  • Planned Development
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,690 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Entryway
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Home Office
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Gas Oven
  • Gas Range
  • Kitchen Island

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 252
  • Assessor Parcel Number 340300019
  • $353 per year additional tax assessments

Community Details

Overview

  • Active Adult
  • Oasis Community Association, Phone Number (951) 301-7466
  • Community Lake

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Golf Course Community
  • Community Pool

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,429

Year Built

Built in 2003

Lot Details

0

HOA Fees

$310 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Gated with Attendant, Gated Community, Gated with Guard
  • Subdivision Name Other: Oasis
  • View: No
  • Zoning: SP ZONE
  • Architectural Style: Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 340300019
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1690.00 Square Feet
  • Interior Amenities: Open Floorplan, Unfurnished
  • Stories: 1
  • Entry Location: flat
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 272.19
  • Room Type: All Bedrooms Down, Entry, Great Room, Laundry, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Office
  • Bathroom Features: Shower, Shower In Tub, Main Floor Full Bath
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Patio And Porch Features: Patio
  • Pool Features: Community
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Off Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Barbecue, Golf Course, Clubhouse, Pet Rules, Call for Rules, Guard
  • Association Fee: 310.00
  • Association Fee Frequency: Monthly
  • Association Name: Oasis community
  • Phone: 951-301-7466
  • Senior Community: Yes
  • Common Interest: Planned Development
  • Community Features: Golf, Lake, Sidewalks

Schools

  • School District: Menifee Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400
  • Latitude Manual: 33.69278300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6098.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 427.52
  • Tax Lot: 19
  • Tax Tract Number: 252...
  • TaxOtherAnnualAssessmentAmount: 353.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2023
Closed on
Jun 7, 2024
Sold by
Greenwood Family Trust and Greenwood Muriel E
Bought by
Kim Song Chon and Kim Kyong Ae
Seller's Agent
MARGARET MCCOY
COLDWELL BANKER ASSOC BRKR/CL
Buyer's Agent
Sophia Chang
New Star Realty & Investment
List Price
$479,900
Sold Price
$460,000
Premium/Discount to List
-$19,900
-4.15%
Views
136
Current Estimated Value
$491,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,671
Avg. Annual Appreciation
5.34%

Purchase Details

Closed on
Nov 20, 2003
Sold by
Ryland Homes Of California Inc
Bought by
Greenwood Davis L and Greenwood Muriel E
Source: Public Records

Range of Values:

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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
Kim Song Chon $460,000 Fidelity National Title
Greenwood Davis L $200,500 Chicago
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $460,000 -4.1% $272 / Sq Ft
06/11/2024 06/11/24 For Sale $479,900 0.0% $284 / Sq Ft
06/05/2024 06/05/24 Pending -- -- --
04/24/2024 04/24/24 Price Changed $479,900 -1.0% $284 / Sq Ft
03/07/2024 03/07/24 Price Changed $484,900 -3.0% $287 / Sq Ft
12/19/2023 12/19/23 For Sale $499,900 -- $296 / 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 $3,429 $469,200 $140,760 $328,440
2023 $3,447 $273,976 $95,648 $178,328
2022 $3,406 $268,605 $93,773 $174,832
2021 $3,348 $263,339 $91,935 $171,404
2020 $3,296 $260,640 $90,993 $169,647
2019 $3,218 $255,530 $89,209 $166,321
2018 $3,088 $250,520 $87,460 $163,060
2017 $3,037 $245,609 $85,746 $159,863
2016 $2,926 $240,794 $84,065 $156,729
2015 $2,885 $237,179 $82,803 $154,376
2014 $2,810 $232,535 $81,182 $151,353
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV23228163

California Regional Multiple Listing Service (CRMLS)

APN: 340-300-019