NOT LISTED FOR SALE

32 Rainbow Lake Unit 12 Irvine, CA 92614

Woodbridge Neighborhood

Estimated Value: $1,472,950 - $1,579,000

3 Beds
3 Baths
1,742 Sq Ft
$873/Sq Ft Est. Value

Last Sold June 14, 2023

Last sale price $1,336,000 $767 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $9,494/month

9 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Tennis Courts
  • Springbrook Elementary School Rated A
  • Traditional Architecture
  • 5-minute walk to Wintermist Park

About This Home

As of June 2023

Nestled in the desirable Woodbridge Village community, this spacious townhome boasts 3 beds, 3 baths, and 1,742SF of living space. The gated entry opens to a beautiful courtyard where you are greeted by a peaceful fountain and handsome landscaping. The living room has a cozy fireplace, high ceilings and large windows allowing natural light to enhance the bright and airy atmosphere. The kitchen has stainless-steel appliances and a cozy breakfast nook and the adjacent formal dining room provides an ideal setting for enjoying delicious meals with loved ones. The first floor also includes a bedroom that would make a great office or guest suite, a full bath, a laundry room, and access to the 2-car garage. Upstairs are 2 generously sized bedrooms, each with an ensuite bath. The primary suite boasts a sitting area, ample closet space and a spa-like bathroom with soaking tub, walk-in shower, & dual sinks. The covered brick patio is perfect for entertaining or relaxing and the community provides a plethora of amenities - multiple pools, a community beach, playgrounds, parks, and tennis, basketball, & sand volleyball courts - all offering ample opportunities for recreation & promoting an active lifestyle. Woodbridge Village is renowned for its top-rated schools and an abundance of community events & social gatherings, fostering a strong sense of belonging and community spirit. Don't miss the chance to make this wonderful residence your own and experience the best of Irvine living.

Last Agent to Sell the Property

David Knight

Keller Williams Realty License #01829234 Listed on: 05/23/2023

Keller Williams Realty

Co-Listed By

Esther Clauson

Keller Williams Los Angeles License #02031778

Last Buyer's Agent

YU JIANG

REAL ESTATE EBROKER, INC. License #01931099

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1985

Lot Details

  • 1,742 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • No Sprinklers

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Traditional Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,742 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Bay Window
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Freezer
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Dual Sinks
  • Private Water Closet
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 525
  • Assessor Parcel Number 93884422

Community Details

Overview

  • Master Insurance
  • Woodbridge Village Association, Phone Number (949) 786-1800
  • Maintained Community

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa
  • Park

Townhouse Details

Home Type

Townhome

Year Built

Built in 1985

Lot Details

0

HOA Fees

$330 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: stove, refrigerator, dishwasher, washer, dryer
  • Property Attached: Yes
  • View: No
  • Architectural Style: Traditional
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93884422
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1742.00 Square Feet
  • Interior Amenities: Crown Molding, Ceiling Fan(s), Recessed Lighting
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Separated, In Kitchen, Dining Room
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Price Per Square Foot: 602.76
  • Room Type: Living Room, Primary Suite, Kitchen
  • Spa Features: Community
  • Window Features: Bay Window(s), Double Pane Windows
  • Bathroom Features: Double Sinks In Bath(s), Bathtub, Separate Tub And Shower, Privacy Toilet Door, Shower In Tub

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Brick, Covered
  • Pool Features: Community, In Ground
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator, Freezer
  • Heating Type: Central
  • Laundry Features: Individual Room, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Tennis Court(s), Insurance, Spa/Hot Tub, Pool, Maintenance Grounds
  • Association Fee: 330.00
  • Association Fee Frequency: Monthly
  • Association Name: Woodbridge Village Association
  • Phone: (949) 786-1800
  • Senior Community: No
  • Community Features: Park, Suburban, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 1742.00
  • Lot Size Acres: 0.0400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1742.0000 Square Feet

Tax Info

  • Tax Lot: 2
  • Tax Tract: 12068
  • Tax Tract Number: 525.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2023
Closed on
Jun 7, 2023
Sold by
Betty Lynn Rigdon Trust
Bought by
Kung Chen-Hua and Huang Li-Yu
Seller's Agent
David Knight
Keller Williams Realty
Buyer's Agent
YU JIANG
REAL ESTATE EBROKER, INC.
List Price
$1,050,000
Sold Price
$1,336,000
Premium/Discount to List
$286,000
27.24%
Views
128
Current Estimated Value
$1,520,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,988
Avg. Annual Appreciation
5.13%

Purchase Details

Closed on
Jul 29, 2005
Sold by
Rigdon Betty Lynn
Bought by
Rigdon Betty Lynn and Betty Lynn Rigdon Trust

Purchase Details

Closed on
May 9, 2001
Sold by
Rigdon Betty L
Bought by
Rigdon Betty Lynn and Betty Lynn Rigdon Trust

Purchase Details

Closed on
Oct 3, 2000
Sold by
Elkin Peter M
Bought by
Rigdon Betty L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
7.86%

Purchase Details

Closed on
Sep 30, 1998
Sold by
Elkin Peter M
Bought by
Elkin Peter M and Peter M Elkin Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,600
Interest Rate
6.62%

Purchase Details

Closed on
Aug 21, 1998
Sold by
First Trust National Assn
Bought by
Elkin Peter M and Peter M Elkin Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,600
Interest Rate
6.62%

Purchase Details

Closed on
Mar 19, 1998
Sold by
Kook Cho Yong and Ja Jung Ja
Bought by
First Trust National Assn
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
Kung Chen-Hua $1,336,000 Old Republic Title Company
Rigdon Betty Lynn -- Old Republic Title Company
Ridgon Betty Lynn -- Old Republic Title Company
Rigdon Betty Lynn -- --
Rigdon Betty L $389,000 Orange Coast Title Company
Elkin Peter M -- --
Elkin Peter M $277,000 Benefit Land Title Company
First Trust National Assn $238,445 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rigdon Betty L $189,000
Previous Owner Elkin Peter M $221,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2023 06/14/23 Sold $1,336,000 +27.2% $767 / Sq Ft
05/23/2023 05/23/23 For Sale $1,050,000 -- $603 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $14,534 $1,389,974 $1,185,813 $204,161
2024 $14,534 $1,362,720 $1,162,562 $200,158
2023 $5,932 $563,398 $352,508 $210,890
2022 $5,824 $552,351 $345,596 $206,755
2021 $5,693 $541,521 $338,820 $202,701
2020 $5,660 $535,969 $335,346 $200,623
2019 $5,534 $525,460 $328,770 $196,690
2018 $5,434 $515,157 $322,323 $192,834
2017 $5,320 $505,056 $316,003 $189,053
2016 $5,083 $495,153 $309,806 $185,347
2015 $5,006 $487,716 $305,153 $182,563
2014 $4,908 $478,163 $299,176 $178,987
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-13709

Pasadena-Foothills Association of REALTORS®

APN: 938-844-22