$389,000
SOLD OCT 21, 2022

348 Rainbow Rd Lakeport, CA 95453

3 Beds
2 Baths
1,500 Sq Ft
0.3 Acres

Recently Sold

$259 Per Sq Ft

32% Above List Price

811 Days on Market

Highlights

  • View of Trees or Woods
  • 2 Car Detached Garage
  • Accessible Approach with Ramp
  • Clear Lake High School Rated A-
  • Bathtub with Shower
  • Shed

About This Home

As of October 2022

Lakeport Gardener's Dream Property. Quality turnkey home in pristine condition, with fully, exquisitely as well as expensively developed 0.3 acre grounds for both private outdoor living with a lawn and paved patio, as well as easy gardening with newly installed fencing, raised beds, a variety of fruit trees, automatic sprinklers, low maintenance rocked ground cover with full weed prevention, a quality-built garden shed, chicken coop, duck run, which will work as a dog run. A fire-safe property also. You have it all. The home is fully wheel chair accessible. The home has vaulted ceilings, corian counter tops, oak cabinetry, handsome laminate flooring, twin sinks in master suite, with lots of natural light, and easy access to the yard with cement paths. The home is situated on one side of the double lot with complete privacy looking over undeveloped neighboring land. The sellers have invested over $78,000 in recent improvements which you are now available for a new owner's benefit.

Last Agent to Sell the Property

Timothy Toye

Timothy Toye & Associates License #01182874 Listed on: 06/30/2020

Last Buyer's Agent

Non-Member 999999

Non-member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,626

Year Built

  • Built in 1994

Lot Details

  • 0.3 Acre Lot
  • Fenced
  • Garden
  • Property is zoned R1

Parking

  • 2 Car Detached Garage

Property Views

  • Woods
  • Forest

Home Design

  • Concrete Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Outdoor Features

  • Shed
  • Outbuilding

Additional Features

  • Accessible Approach with Ramp
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 028-343-130-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,626

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: Lakeshore Blvd to Rainbow Rd.
  • Lot Size Acres: 0.3000
  • Stories: 1
  • ArchitecturalStyle: Other
  • Special Features: None

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 2
  • Accessibility Features: Accessible Approach with Ramp
  • Flooring: Carpet, Laminate, LVYN
  • Price Per Square Foot: 259.33
  • Square Footage: 1500.00
  • Bathroom Features: Shower Stall(s), Tub w/Shower Over
  • Bathrooms: 2

Exterior Features

  • Construction Materials: Wood Siding
  • Foundation: Concrete Perimeter
  • Lot Features: Garden, Landscape Misc
  • Property Condition: COMP
  • Roof: Composition
  • Fencing: Fenced
  • OtherStructures: Other, Outbuilding, Shed(s)
  • View: Forest, Other, Woods

Garage/Parking

  • Parking Features: Detached, GARG
  • Garage Spaces: 2.00

Utilities

  • Cooling: Central
  • Sewer: Public Sewer
  • Utilities: Electric, Other
  • Water Source: Public
  • Heating: Central
  • Laundry Features: Inside Room

Lot Info

  • Assessor Parcel Number: 028-343-130-000
  • Lot Size Sq Ft: 13068.00

Building Info

  • Year Built: 1994

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2021
Sold by
Ani Soto
Bought by
Kevin And Ani Soto 2021 Trust
Current Estimated Value
$368,497

Purchase Details

Closed on
Mar 31, 2021
Sold by
Soto Kevin B
Bought by
Soto Ani B

Purchase Details

Listed on
Mar 30, 2018
Closed on
May 23, 2018
Sold by
Loveless David M and Loveless Barbara E
Bought by
Soto Kevin B and Soto Ani
Seller's Agent
Theresa Lyndall
Luxe Places International Realty
Buyer's Agent
Shelly Reed
W Real Estate
List Price
$285,000
Sold Price
$260,000
Premium/Discount to List
-$25,000
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%
Original Mortgage
$234,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed -- Law Office Of Dennis A Fordham
Interfamily Deed Transfer -- None Available
Grant Deed $260,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $234,000 New Conventional
Previous Owner $30,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $389,000 0.0% $259 / Sq Ft
10/21/2022 10/21/22 Sold $389,000 0.0% $259 / Sq Ft
09/20/2022 09/20/22 For Sale $389,000 0.0% $259 / Sq Ft
09/05/2022 09/05/22 Off Market $389,000 -- --
08/26/2022 08/26/22 For Sale $389,000 0.0% $259 / Sq Ft
08/24/2022 08/24/22 Off Market $389,000 -- --
08/08/2022 08/08/22 Price Changed $389,000 -2.5% $259 / Sq Ft
07/09/2022 07/09/22 Price Changed $399,000 -1.0% $266 / Sq Ft
06/22/2022 06/22/22 For Sale $403,000 +3.6% $269 / Sq Ft
07/19/2020 07/19/20 Off Market $389,000 -- --
06/30/2020 06/30/20 For Sale $294,900 +13.4% $197 / Sq Ft
06/08/2018 06/08/18 Sold $260,000 -8.8% $173 / Sq Ft
03/30/2018 03/30/18 For Sale $285,000 -- $190 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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
2024 $4,626 $396,780 $61,200 $335,580
2023 $4,546 $389,000 $60,000 $329,000
2022 $3,424 $294,854 $58,970 $235,884
2021 $3,395 $289,073 $57,814 $231,259
2020 $3,112 $270,504 $41,616 $228,888
2019 $3,097 $265,200 $40,800 $224,400
2018 $2,198 $201,232 $32,453 $168,779
2017 $2,186 $197,287 $31,817 $165,470
2016 $2,140 $193,420 $31,194 $162,226
2015 $2,113 $190,516 $30,726 $159,790
2014 $1,955 $186,785 $30,125 $156,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 22014909

Bay Area Real Estate Information Services (BAREIS)

APN: 028-343-410-000