NOT LISTED FOR SALE

34 Rainbow Lake Irvine, CA 92614

Woodbridge Neighborhood

Estimated Value: $1,350,000 - $1,853,000

3 Beds
2.5 Baths
2,225 Sq Ft
1985 Built

Sale Details

Date Sold: August 16, 2022

Last sale price $1,250,000 $562 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $10,416 / mo

19 Days on Market

Highlights

  • Primary Bedroom Suite
  • Community Lake
  • Contemporary Architecture
  • Springbrook Elementary School Rated A
  • Clubhouse
  • 5-minute walk to Wintermist Park

About This Home

As of August 2022

Imagine yourself in this new life style in the very prestigious Lakeside neighborhood in Woodbridge nestled by the South Lake. You will want to linger in the open and light living room with vaulted ceilings which includes an added loft. The separate dining room with plenty of windows enjoys the beautiful vegetation outside. The kitchen boasts plenty of counter space and cabinet storage including pantry, double oven, refrigerator, microwave, and dishwasher. Family room is adjacent to the kitchen with counter top space and bar seating ideal for communing with family and friends. Master suite with walk in closet and mirrored closets, dual sinks with plenty of counter space, soaking bath tub and walk in shower. Two secondary bedrooms on the second floor with shared bath tub/shower. Laundry room is downstairs along with a one half bath. All this with a whole house fan. Two car garage is attached. The back patio is amazingly private, open and inviting! Perfect for outdoor entertaining. Woodbridge is a one of a kind special place in the heart of Irvine. This lifestyle boasts beautiful lake hiking, parks for the kids, tennis courts, two lagoons with beaches, movie theaters, shopping and terrific restaurants. This home is waiting for you!!

Last Agent to Sell the Property

Betty Callaway

Desert Sotheby's International Realty License #01073891 Listed on: 07/05/2022

Last Buyer's Agent

Hyo Lee

New Star Realty & Investment License #01785524

New Star Realty & Investment

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1985

Lot Details

  • Fenced
  • Sprinkler System
  • Back and Front Yard

HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Stucco Exterior

Interior Spaces

  • 2,225 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Shutters
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Loft

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Schools

  • Springbrook Elementary School
  • South Lake Middle School
  • Woodbridge High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater

Additional Features

  • Enclosed Patio or Porch
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 93884423

Community Details

Overview

  • Association fees include clubhouse
  • Built by Standard Pacific
  • Lakeside Subdivision
  • Community Lake
  • Planned Unit Development

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Bocce Ball Court
  • Community Playground

Property Details

Home Type

Condominium

Year Built

Built in 1985

Lot Details

0 Sq Ft Lot

HOA Fees

$420 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: Two
  • Builder Name: Standard Pacific
  • Building Number Of Stories: 1
  • Building Style: Contemporary
  • Entry Location: Ground Level w/Steps, Living Room
  • Included In Sale: Washer and dryer; refrigerator, fountain in back yard
  • List Price per Sq Ft: 584.26
  • Lp Sp Ratio: 0.9600
  • Water District Name: Irvine Valley Water District
  • Year Built: 1985
  • Listing I D: 219081753
  • Listing Office Address: 74890 Highway 111, Indian Wells, CA 92210
  • Selling Office Address: 17806 Pioneer Blvd. #106, Artesia, CA 90701
  • Land Type: Fee
  • Subdivision: Lakeside
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Cooktop, Microwave Oven, Electric Oven, Washer, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Cathedral Ceiling(s)
  • Fireplace Features: Gas Starter, Gas & Wood
  • Flooring: Carpet, Wood, Stone Tile, Ceramic Tile
  • Bedroom Features: All Bedrooms Up, Walk In Closet, Master Suite
  • Total Bedrooms: 3
  • Bathroom Features: Powder Room, Shower Over Tub, Shower & Tub
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Formal Dining Room
  • Kitchen Features: Tile Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 2225.00
  • Windows Treatments: Shutters

Exterior Features

  • Construction: Stucco
  • Roofing: Concrete, Tile
  • Fencing: Fenced
  • Foundation: Slab
  • Patio: Enclosed
  • Planned Unit Development: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance, Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Central, Fireplace(s)
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Monthly

Condo/Co-op/Association

  • Association Fees Include: Clubhouse
  • Association Amenities: Bocce Ball Court, Tennis Courts, Playground, Picnic Area, Lake or Pond, Clubhouse
  • HOA Information: Yes
  • HOA Fee 1: 305.00
  • HOA Fee 2: 115.00
  • Total Monthly Association Fees: 420.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 93884423
  • Irrigation: Sprinkler System
  • Lot Description: Back Yard, Street Public, Front Yard, Fenced
  • Lot Size: 0.05

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Multi Family

  • Total Fireplaces: 2

MLS Schools

  • Elementary School: Springbrook
  • High School: Woodbridge
  • Junior Middle School: South Lake
  • School District: Irvine Unified

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

Listed on
Jul 5, 2022
Closed on
Aug 2, 2022
Sold by
Bought by
Seller's Agent
Betty Callaway
Desert Sotheby's International Realty
Buyer's Agent
Hyo Lee
New Star Realty & Investment
List Price
$1,350,000
Sold Price
$1,250,000
Premium/Discount to List
-$100,000
-7.41%
Current Estimated Value
$1,626,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,774
Avg. Annual Appreciation
6.92%
Original Mortgage
$550,000
Interest Rate
0.057%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 5, 2022
Closed on
Jul 26, 2022
Sold by
Bought by
Seller's Agent
Betty Callaway
Desert Sotheby's International Realty
Buyer's Agent
Hyo Lee
New Star Realty & Investment
List Price
$1,350,000
Sold Price
$1,250,000
Premium/Discount to List
-$100,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
0.057%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2014
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 2000
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
$358,700
Interest Rate
0.0853%

Purchase Details

Closed on
Dec 20, 1993
Sold by
Bought by

Purchase Details

Closed on
Dec 15, 1993
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
-- First American Title
$1,250,000 First American Title
-- None Available
$399,000 First American Title Ins Co
-- Fidelity National Title Co
-- Fidelity National Title Co
-- Fidelity National 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
Open $550,000
Previous Owner $100,000
Previous Owner $358,700
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
08/16/2022 08/16/22 Sold $1,250,000 -3.8% $562 / Sq Ft
07/24/2022 07/24/22 Pending -- -- --
07/17/2022 07/17/22 Price Changed $1,299,980 -3.7% $584 / Sq Ft
07/05/2022 07/05/22 For Sale $1,350,000 -- $607 / Sq Ft
Source: California Desert Association of REALTORS®

Tax 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.

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 $13,598 $1,300,500 $1,077,621 $222,879
2024 $13,598 $1,275,000 $1,056,491 $218,509
2023 $13,250 $1,250,000 $1,035,775 $214,225
2022 $5,965 $566,546 $326,733 $239,813
2021 $5,831 $555,438 $320,327 $235,111
2020 $5,797 $549,743 $317,042 $232,701
2019 $5,668 $538,964 $310,825 $228,139
2018 $5,565 $528,397 $304,731 $223,666
2017 $5,449 $518,037 $298,756 $219,281
2016 $5,206 $507,880 $292,898 $214,982
2015 $5,127 $500,252 $288,499 $211,753
2014 $5,026 $490,453 $282,847 $207,606
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Betty Callaway

    Desert Sotheby's International Realty

  • H

    Buyer's Agent in 2022

    Hyo Lee

    New Star Realty & Investment

    (562) 924-3377

    1 in this area

    6 Total Sales

    Hyo Lee
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219081753

California Desert Association of REALTORS®

APN: 938-844-23

California Orange County Irvine 92614 Woodbridge

34 Rainbow Lake, Irvine, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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