NOT LISTED FOR SALE

3405 Rainbow Ln Highland, CA 92346

San Andreas Neighborhood

Estimated Value: $155,000 - $202,121

2 Beds
1 Bath
780 Sq Ft
$300/mo HOA Fee

Last Sold September 09, 2019

Last sale price $69,900 $90 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $1,335/month

2 Days on Market

About This Home

As of September 2019

FIXER!!! GREAT INVESTMENT CONDO!!! Corner Condo, start Cash-Flowing Now!!!

Last Agent to Sell the Property

Cuthberto Ramos

Golden California License #01368902 Listed on: 08/06/2019

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

Lot Details

  • 780

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 780 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Additional Features

  • Exterior Lighting
  • 1 Common Wall
  • Central Heating and Cooling System

Community Details

  • 56 Units
  • Highland Palms HOA, Phone Number (909) 621-5941
  • Wheeler Steffen HOA

Listing and Financial Details

  • Tax Lot 44
  • Tax Tract Number 7323
  • Assessor Parcel Number 1191316010000

Property Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 1191316010000
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 780.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 89.62
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Association Name: Highland Palms HOA
  • Phone: 909-621-5941
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Wheeler Steffen

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 780.00
  • Lot Size Acres: 0.0179

Multi Family

  • Lease Considered: No
  • Lot Size Area: 780.0000 Square Feet
  • Number Of Units In Community: 56
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 74.10
  • Tax Lot: 44
  • Tax Tract Number: 7323

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2019
Closed on
Aug 27, 2019
Sold by
More Cash Acquisition 1 Llc
Bought by
Dha Opportunity 1 Lp
Seller's Agent
Cuthberto Ramos
Golden California
List Price
$69,900
Sold Price
$69,900
Current Estimated Value
$181,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,380
Avg. Annual Appreciation
16.11%

Purchase Details

Closed on
Nov 5, 2018
Sold by
Azad Abul K
Bought by
Azad Abul K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 2018
Sold by
Azad Abul K and Rahman Mohamed Samiur
Bought by
More Cash Acquisition 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 11, 2015
Closed on
Jun 30, 2015
Sold by
Ringle Kit A
Bought by
Azad Abul K and Rahman Mohamed Samiur
Seller's Agent
Melissa O'Donnell
COLDWELL BANKER TOWN & COUNTRY
Buyer's Agent
Jesse Armendarez
SIERRA REALTY FONTANA INC
List Price
$60,000
Sold Price
$55,000
Premium/Discount to List
-$5,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.02%

Purchase Details

Closed on
Jul 6, 1995
Sold by
The Federal Home Loan Mtg Corp
Bought by
Ringle Kit A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,350
Interest Rate
7.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Dha Opportunity 1 Lp $70,000 Lawyers Title Ie
Azad Abul K -- Orange Coast Title
More Cash Acquisition 1 Llc $68,000 Orange Coast Title
Azad Abul K $55,000 First American Title Company
Ringle Kit A $31,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner More Cash Acquisition 1 Llc $3,000,000
Previous Owner Ringle Kit A $28,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2019 09/09/19 Sold $69,900 0.0% $90 / Sq Ft
08/08/2019 08/08/19 Pending -- -- --
08/06/2019 08/06/19 For Sale $69,900 +27.1% $90 / Sq Ft
07/24/2015 07/24/15 Sold $55,000 -8.3% $71 / Sq Ft View Prior Sale
06/24/2015 06/24/15 Pending -- -- --
03/11/2015 03/11/15 For Sale $60,000 -- $77 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $1,125 $75,461 $22,638 $52,823
2024 $1,100 $73,981 $22,194 $51,787
2023 $1,072 $72,531 $21,759 $50,772
2022 $1,070 $71,108 $21,332 $49,776
2021 $1,068 $69,714 $20,914 $48,800
2020 $1,067 $69,000 $20,700 $48,300
2019 $1,317 $68,000 $20,000 $48,000
2018 $910 $57,222 $15,606 $41,616
2017 $883 $56,100 $15,300 $40,800
2016 $856 $55,000 $15,000 $40,000
2015 $581 $43,541 $7,602 $35,939
2014 -- $42,688 $7,453 $35,235
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Cuthberto Ramos

    Golden California

    Section Image

  • M

    Seller's Agent in 2015

    Melissa O'Donnell

    COLDWELL BANKER TOWN & COUNTRY

    Section Image
  • Jesse Armendarez

    Buyer's Agent in 2015

    Jesse Armendarez

    SIERRA REALTY FONTANA INC

    (951) 201-8677

    20 Total Sales

    Jesse Armendarez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV19187292

California Regional Multiple Listing Service (CRMLS)

APN: 1191-316-01

California San Bernardino County Highland 92346 San Andreas

3405 Rainbow Ln, Highland, CA

Not Listed for Sale

Condos

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