NOT LISTED FOR SALE

3062 Rainbow Ln Banning, CA 92220

Estimated Value: $345,000 - $361,000

2 Beds
2 Baths
1,092 Sq Ft
$323/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $325,000 $298 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,365/month

210 Days on Market

Highlights

  • Spa
  • Gated Community
  • Outdoor Cooking Area
  • Active Adult
  • Loft
  • 2 Car Attached Garage

About This Home

As of June 2023

********NICE 2 BEDROOM 1.75 BATH HOME 55+,LOCATED IN A NICE QUITE GATED COMMUNITY OF SERRANO DEL VISTA IN BANNING. KITCHE.N,DINING AREA,FAMILY ROOM WITH FIREPLACE,MASTER BEDROOM,GARAGE FOR TWO CAR, AMENITIES IN COMMUN AREA INCLUDE CLUB HOUSE, SWIMMING POOL, SECURITY GATE, PEACEFUL PLACE TO LIVE.*********

Last Agent to Sell the Property

JOSE NEVAREZ

JENS REALTY License #01073713 Listed on: 10/03/2022

Last Buyer's Agent

JOSE NEVAREZ

JENS REALTY License #01073713 Listed on: 10/03/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • 4,356 Sq Ft Lot
  • Density is up to 1 Unit/Acre

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Automatic Gate

Interior Spaces

  • 1,092 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Loft
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Spa

Utilities

  • Central Air
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 229
  • Tax Tract Number 18063
  • Assessor Parcel Number 538323019
  • $63 per year additional tax assessments

Community Details

Overview

  • Active Adult
  • Serrano Del Vista Association, Phone Number (626) 967-7921
  • London Management HOA
  • Solera Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1995

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), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Solera (SLRA)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 538323019
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1092.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 297.62
  • Room Type: Loft
  • Spa Features: Association, Community

Exterior Features

  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 3352
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Security
  • Association Fee: 140.00
  • Association Fee Frequency: Monthly
  • Association Name: SERRANO DEL VISTA
  • Phone: (626)9677921
  • Senior Community: Yes
  • Community Features: Curbs
  • Association Management: LONDON MANAGEMENT

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: 0-1 Unit/Acre
  • 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 Total: 1

Tax Info

  • Tax Lot: 229
  • Tax Tract Number: 18063
  • TaxOtherAnnualAssessmentAmount: 63.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2020
Closed on
Aug 21, 2020
Sold by
Secretary Of Housing & Urban Development
Bought by
Ruvalcaba Jose J and Ruvalcaba Antonia
Seller's Agent
Dustin Luce
VETERANS REALTY GROUP
Buyer's Agent
JOSE NEVAREZ
JENS REALTY
List Price
$199,500
Sold Price
$200,000
Premium/Discount to List
$500
0.25%
Current Estimated Value
$352,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,205
Avg. Annual Appreciation
11.11%
Original Mortgage
$196,377
Outstanding Balance
$174,200
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$178,005

Purchase Details

Closed on
Sep 24, 2019
Sold by
Ross Lucille and Seattle Mortgage Company
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jul 21, 1997
Sold by
Saliani Jennie
Bought by
Ross James and Ross Lucille

Purchase Details

Closed on
Mar 6, 1996
Sold by
Costa Angelo
Bought by
Costa Angelo

Purchase Details

Closed on
Sep 21, 1995
Sold by
Sirco Development Inc
Bought by
Costa Angelo
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
Ruvalcaba Jose J $200,000 Western Resources Title
Secretary Of Housing & Urban Development $274,943 None Available
Ross James $80,000 First American Title Ins Co
Costa Angelo -- --
Costa Angelo $90,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruvalcaba Jose J $196,377
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2023 06/09/23 Sold $325,000 -4.4% $298 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/02/2023 04/02/23 Price Changed $340,000 -2.0% $311 / Sq Ft
02/11/2023 02/11/23 Price Changed $346,900 -0.9% $318 / Sq Ft
02/09/2023 02/09/23 Price Changed $349,900 -1.4% $320 / Sq Ft
12/08/2022 12/08/22 Price Changed $355,000 +1.5% $325 / Sq Ft
12/03/2022 12/03/22 Price Changed $349,900 -1.4% $320 / Sq Ft
11/22/2022 11/22/22 Price Changed $355,000 -2.7% $325 / Sq Ft
11/06/2022 11/06/22 Price Changed $365,000 -3.9% $334 / Sq Ft
10/03/2022 10/03/22 For Sale $379,900 +90.0% $348 / Sq Ft
09/02/2020 09/02/20 Sold $200,000 +0.3% $183 / Sq Ft View Prior Sale
06/12/2020 06/12/20 Pending -- -- --
06/11/2020 06/11/20 Price Changed $199,500 0.0% $183 / Sq Ft
06/11/2020 06/11/20 For Sale $199,500 -5.0% $183 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $210,000 0.0% $192 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
04/29/2020 04/29/20 For Sale $210,000 0.0% $192 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $210,000 -- $192 / 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 $4,612 $338,130 $20,808 $317,322
2023 $4,612 $208,080 $20,808 $187,272
2022 $2,912 $204,000 $20,400 $183,600
2021 $2,856 $200,000 $20,000 $180,000
2020 $3,182 $223,000 $25,000 $198,000
2019 $2,697 $187,680 $40,800 $146,880
2018 $1,557 $112,240 $28,053 $84,187
2017 $1,530 $110,040 $27,503 $82,537
2016 $1,454 $107,883 $26,964 $80,919
2015 $1,431 $106,264 $26,560 $79,704
2014 $1,420 $104,185 $26,041 $78,144
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB22214782

California Regional Multiple Listing Service (CRMLS)

APN: 538-323-019