NOT LISTED FOR SALE

29521 Rainbow Forest Way Menifee, CA 92584

Menifee Lakes Neighborhood

Estimated Value: $501,287 - $519,000

3 Beds
2 Baths
1,690 Sq Ft
$301/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $490,000 $290 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,427/month

67 Days on Market

Highlights

  • Golf Course Community
  • 24-Hour Security
  • Peek-A-Boo Views
  • Access To Lake
  • Active Adult
  • Open Floorplan

About This Home

As of June 2024

Every day is a vacation when you live in luxury at the premier 55+ guard gated community of The Oasis in beautiful Menifee! This move in ready, three bedroom home offers wonderful curb appeal with an inviting front porch, and a large, private lot situated on a cul-de-sac. Even better, in lieu of neighbors directly across the street, enjoy a quiet and serene green space with a barbecue and picnic table seating. The kitchen has granite countertops, a pantry and is open to the family room and fireplace. Lovely engineered hardwood floors and tile flow throughout the main living areas, and upgraded carpet, and additional built in storage are located in the bedrooms. The primary bedroom has a walk in shower, soaking tub, and double vanity. The generously sized backyard is very private and has a lanai that provides a nice bonus outdoor space. The solar panels keep summer days cool without those high electric bills and a new water heater was installed in September. When residents of The Oasis would like a social atmosphere they take advantage of the 22,500 square ft clubhouse that includes a fitness center, billiards room, library, and a large ballroom for dances, Bingo Night, dinners, and other entertainment. Outside, among the mature and beautiful landscaping is a pool, spa, tennis, shuffleboard, and bocce courts. Adjacent to the community is The Ted Robinson designed Menifee Lakes Country Club. Ideally located minutes from the freeway, shopping, restaurants, and multiple beautiful lakes.

Last Agent to Sell the Property

Tiffanie Quatraro

Realty ONE Group Southwest Brokerage Phone: 503-887-0952 License #02094087 Listed on: 02/15/2024

Realty ONE Group Southwest

Last Buyer's Agent

Katelyn Gilman

Mogul Real Estate License #02077280

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,004

Year Built

  • Built in 2003

Lot Details

  • 7,841 Sq Ft Lot
  • Cul-De-Sac
  • Wood Fence
  • Block Wall Fence
  • Landscaped
  • Front and Back Yard Sprinklers
  • Lawn
  • Property is zoned SP ZONE

HOA Fees

  • $310 Monthly HOA Fees

Parking

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

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Planned Development
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,690 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Shutters
  • Blinds
  • Window Screens
  • Panel Doors
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Dining Room
  • Peek-A-Boo Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Mirrored Closets Doors
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors swing in
  • Low Pile Carpeting

Outdoor Features

  • Access To Lake
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 252
  • Assessor Parcel Number 340300016
  • $353 per year additional tax assessments

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,004

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: 24 Hour Security, Automatic Gate, Carbon Monoxide Detector(s), Gated Community, Gated with Guard, Smoke Detector(s)
  • View: Yes
  • Zoning: SP ZONE
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 340300016
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1690.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Unfurnished
  • Stories: 1
  • Entry Location: Patio
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Accessibility Features: Doors - Swing In, Low Pile Carpeting
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Mirror Closet Door(s), Panel Doors
  • Eating Area: Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 289.94
  • Room Type: All Bedrooms Down, Entry, Family Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Walk-In Closet
  • Window Features: Blinds, Screens, Shutters
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Peek-A-Boo
  • Fence: Yes
  • Fencing: Block, Wood
  • Patio And Porch Features: Covered, Front Porch
  • Pool Features: Community
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Water Heater, Water Line to Refrigerator, Water Softener
  • 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, Tennis Court(s), Clubhouse, Call for Rules
  • 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: Curbs, Golf, Lake, Sidewalks, Street Lights
  • Association Management: Oasis Management

Schools

  • School District: Menifee Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Front Yard, Landscaped, Lawn, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800
  • Latitude Manual: 33.69275700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7841.0000 Square Feet
  • Number Of Units In Community: 1158
  • Number Of Units Total: 1
  • Waterfront Features: Lake

Tax Info

  • Tax Census Tract: 427.52
  • Tax Lot: 16
  • Tax Tract Number: 252...
  • TaxOtherAnnualAssessmentAmount: 353.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
May 24, 2024
Sold by
Aranyosi Tibor and Aranyosi Michelle A
Bought by
Delrosario Nomerlito and Delrosario Del Rosario
Seller's Agent
Tiffanie Quatraro
Realty ONE Group Southwest
Buyer's Agent
Katelyn Gilman
Mogul Real Estate
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%
Views
146
Current Estimated Value
$509,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,322
Avg. Annual Appreciation
3.04%

Purchase Details

Closed on
Mar 14, 2007
Sold by
Davis Philip and Davis Marylou Elizabeth
Bought by
Aranyosi Tibor and Aranyosi Michelle A

Purchase Details

Closed on
Dec 3, 2003
Sold by
Ryland Homes Of California Inc
Bought by
Davis Philip and Davis Marylou Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Delrosario Nomerlito $490,000 Chicago Title
Aranyosi Tibor $319,000 Fidelity National Title Co
Davis Philip $222,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Philip $122,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2024 06/18/24 Sold $490,000 -1.8% $290 / Sq Ft
02/15/2024 02/15/24 For Sale $499,000 -- $295 / 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 $5,004 $499,799 $149,942 $349,857
2023 $5,004 $410,772 $160,959 $249,813
2022 $4,972 $402,718 $157,803 $244,915
2021 $4,885 $394,822 $154,709 $240,113
2020 $4,577 $370,635 $145,683 $224,952
2019 $4,431 $359,840 $141,440 $218,400
2018 $4,169 $346,000 $136,000 $210,000
2017 $3,961 $327,000 $128,000 $199,000
2016 $3,651 $306,000 $120,000 $186,000
2015 $3,572 $299,000 $117,000 $182,000
2014 $3,640 $308,000 $121,000 $187,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW24031305

California Regional Multiple Listing Service (CRMLS)

APN: 340-300-016