NOT LISTED FOR SALE

29501 Rainbow Forest Way Menifee, CA 92584

Menifee Lakes Neighborhood

Estimated Value: $406,000 - $487,000

2 Beds
2 Baths
1,297 Sq Ft
$346/Sq Ft Est. Value

Sale Details

Date Sold: August 12, 2024

Last sale price $465,000 $359 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,166 / mo

45 Days on Market

Highlights

  • Fitness Center
  • Active Adult
  • Open Floorplan
  • Gated with Attendant
  • City Lights View
  • Clubhouse

About This Home

As of August 2024

BEAUTIFUL IBIZA Floor Plan in the 55+ and Better Gate Guarded Community of the OASIS. Fabulous Great Room floor plan opens to a generous size kitchen ( Corian Counters) with a full dinning room eating area! Guest bedroom is on the opposite side of the home with the Master Suite facing the rear yard ( for extra privacy). Wood plank laminate flooring. ceiling fans and custom window coverings. This property is situated on a small cul de sac with a small park across the street to walk your pets or have a picnic lunch! Amazing rear yard is professionally landscaped with a custom stone raised planter, gorgeous flowering shrubs, alumawood patio cover and a full size BBQ ( included). This home is move in ready ( immaculate) and a great opportunity to make this home sweet home yours in the Oasis Community! Exceptional community amenities that include a 22,000 sq ft Clubhouse with indoor and outdoor stages and Ball Room for events and dancing! Two night lighted Tennis Courts and FOUR Pickleball Courts ! Pool/Spa/Gym/ BBQ area and much more ( additional amenities listed ) . Minutes from all new shopping/grocery and medical. Just outside Menifee Golf Course and easy access to freeway. HOA includes the front yard water and landscape care as well as the trash service. LOW taxes ! Fantastic location a little over an hour to the Mountains, Desert and Beach locations. Just a short drive to the famous Temecula Valley Wine Country.

Last Agent to Sell the Property

Jodi Diago

Re/Max Diamond Prestige Brokerage Phone: 951-265-5288 License #01228939 Listed on: 05/28/2024

Last Buyer's Agent

Brian Hughes

Allison James Estates & Homes License #01998773

Allison James Estates & Homes

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 5,663 Sq Ft Lot
  • Cul-De-Sac
  • Wood Fence
  • Fence is in good condition
  • Corners Of The Lot Have Been Marked
  • Drip System Landscaping
  • Front and Back Yard Sprinklers
  • Back and Front Yard
  • Property is zoned SP ZONE

HOA Fees

  • $310 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking

Property Views

  • City Lights
  • Hills

Home Design

  • Contemporary Architecture
  • Turnkey
  • Planned Development
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,297 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Data
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Insulated Windows
  • Custom Window Coverings
  • Blinds
  • Window Screens
  • Sliding Doors
  • Panel Doors
  • Entryway
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Storage

Kitchen

  • Kitchenette
  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Corian Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Low Flow Toliet
  • Bathtub with Shower
  • Separate Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors are 32 inches wide or more
  • No Interior Steps
  • More Than Two Accessible Exits
  • Low Pile Carpeting

Outdoor Features

  • Brick Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near park
  • Suburban Location

Utilities

  • High Efficiency Air Conditioning
  • Forced Air Heating and Cooling System
  • High Efficiency Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • High-Efficiency Water Heater
  • Gas Water Heater
  • Phone Available

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 252
  • Assessor Parcel Number 340300014
  • $352 per year additional tax assessments

Community Details

Overview

  • Active Adult
  • Front Yard Maintenance
  • Oasis Commuity Association, Phone Number (951) 301-7466
  • First Residential HOA
  • Built by RYLAND
  • Ibiza
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Clubhouse
  • Banquet Facilities
  • Billiard Room
  • Meeting Room
  • Card Room
  • Recreation Room
  • Community Storage Space

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Sport Court
  • Racquetball
  • Bocce Ball Court
  • Ping Pong Table
  • Fitness Center
  • Community Pool
  • Community Spa
  • Dog Park

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Card or Code Access

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

5,663 Sq Ft Lot

HOA Fees

$310 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator/washer & dryer/ fabulous BBQ/ Patio furniture/potted plants ( additional furniture available)
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Gated with Attendant, Carbon Monoxide Detector(s), Card/Code Access, Gated Community, Gated with Guard, Guarded, Resident Manager, Smoke Detector(s)
  • View: Yes
  • Zoning: SP ZONE
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 340300014
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1297.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), High Ceilings, Open Floorplan, Pantry, Storage, Tile Counters, Wired for Data
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Accessibility Features: 2+ Access Exits, 32 Inch Or More Wide Doors, Low Pile Carpeting, No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Panel Doors, Sliding Doors
  • Eating Area: Family Kitchen, In Kitchen
  • Fireplace Features: Gas Starter, Great Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 358.52
  • Room Type: All Bedrooms Down, Entry, Great Room, Main Floor Bedroom, Main Floor Primary Bedroom, Walk-In Closet
  • Window Features: Blinds, Custom Covering, Double Pane Windows, Insulated Windows, Screens
  • Bathroom Features: Low Flow Shower, Low Flow Toilet(s), Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Primary Bath, Exhaust Fan(s), Linen Closet/Storage, Privacy Toilet Door, Separate Tub And Shower, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Corian Counters, Kitchen Open To Family Room, Kitchenette, Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: City Lights, Hills
  • Fence: Yes
  • Fencing: Good Condition, Wood
  • Builder Name: RYLAND
  • Patio And Porch Features: Brick, Concrete, Patio Open, Slab
  • Pool Private: No
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking Features: Direct Garage Access, Paved, Garage, Garage Faces Front, Garage - Single Door, Garage Door Opener, Guest, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, High Efficiency Water Heater, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Water Heater, Water Line to Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central, Forced Air, High Efficiency, Natural Gas
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Tennis Court(s), Paddle Tennis, Racquetball, Bocce Ball Court, Sport Court, Gym/Ex Room, Clubhouse, Billiard Room, Card Room, Banquet Facilities, Recreation Room, Meeting Room, Storage, Maintenance Grounds, Trash, Pet Rules, Pets Permitted, Guard, Controlled Access, Maintenance Front Yard
  • Association Fee: 310.00
  • Association Fee Frequency: Monthly
  • Association Name: Oasis Commuity
  • Phone: 951-301=7466
  • Senior Community: Yes
  • Common Interest: Planned Development
  • Community Features: Curbs, Dog Park, Gutters, Street Lights, Suburban
  • Association Management: First Residential

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Back Yard, Corners Marked, Cul-De-Sac, Front Yard, Park Nearby, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300
  • Latitude Manual: 33.69292000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5663.0000 Square Feet
  • Number Of Units In Community: 1158
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 427.52
  • Tax Lot: 14
  • Tax Tract Number: 252...
  • TaxOtherAnnualAssessmentAmount: 352.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2025
Sold by
Bought by
Current Estimated Value
$448,372

Purchase Details

Listed on
May 28, 2024
Closed on
Aug 1, 2024
Sold by
Bought by
Seller's Agent
Jodi Diago
Re/Max Diamond Prestige
Buyer's Agent
Brian Hughes
Allison James Estates & Homes
List Price
$469,900
Sold Price
$465,000
Premium/Discount to List
-$4,900
-1.04%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.90%
Original Mortgage
$125,000
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 25, 2015
Closed on
Oct 19, 2015
Sold by
Bought by
Seller's Agent
Bill Robinson
RE/MAX One
Buyer's Agent
Diana Pineda
Mark 1 Real Estate, Inc.
List Price
$259,000
Sold Price
$251,000
Premium/Discount to List
-$8,000
-3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$246,453
Interest Rate
3.73%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 24, 2013
Closed on
Jan 15, 2014
Sold by
Bought by
Seller's Agent
Jodi Diago
Re/Max Diamond Prestige
Buyer's Agent
Jodi Diago
Re/Max Diamond Prestige
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$175,000
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 24, 2013
Closed on
Jan 13, 2014
Sold by
Bought by
Seller's Agent
Jodi Diago
Re/Max Diamond Prestige
Buyer's Agent
Jodi Diago
Re/Max Diamond Prestige
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2009
Sold by
Bought by

Purchase Details

Closed on
Apr 14, 2005
Sold by
Bought by

Purchase Details

Closed on
Dec 4, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$465,000 Lawyers Title
$251,000 Fidelity National Title
-- None Available
$225,000 Chicago Title Inland Empire
$200,000 Western Resources Title Co
-- --
$194,500 Chicago Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $125,000
Previous Owner $246,453
Previous Owner $175,000
Previous Owner $80,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2024 08/12/24 Sold $465,000 -1.0% $359 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $469,900 +87.2% $362 / Sq Ft
12/04/2015 12/04/15 Sold $251,000 -1.2% $194 / Sq Ft View Prior Sale
10/15/2015 10/15/15 Pending -- -- --
09/22/2015 09/22/15 Price Changed $254,000 -1.9% $196 / Sq Ft
07/25/2015 07/25/15 For Sale $259,000 +15.1% $200 / Sq Ft
02/13/2014 02/13/14 Sold $225,000 0.0% $173 / Sq Ft View Prior Sale
11/26/2013 11/26/13 Price Changed $225,000 -4.3% $173 / Sq Ft
11/24/2013 11/24/13 For Sale $235,000 0.0% $181 / Sq Ft
11/04/2013 11/04/13 Pending -- -- --
08/09/2013 08/09/13 For Sale $235,000 +4.4% $181 / Sq Ft
08/07/2013 08/07/13 Off Market $225,000 -- --
08/05/2013 08/05/13 For Sale $235,000 -- $181 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW24105909

California Regional Multiple Listing Service (CRMLS)

APN: 340-300-014

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