NOT LISTED FOR SALE

348 Rainbow Terrace Palmdale, CA 93551

West Palmdale Neighborhood

Estimated Value: $486,000 - $521,000

4 Beds
2 Baths
1,759 Sq Ft
$283/Sq Ft Est. Value

Last Sold September 30, 2012

Last sale price $110,000 $63 Per Sq Ft

Est. 352% increase in value since last sale

Current estimated payment $2,835/month

295 Days on Market

Highlights

  • Family Room with Fireplace
  • Lawn
  • Tile Flooring
  • Traditional Architecture
  • No HOA
  • 1-Story Property

About This Home

As of September 2012

This is a short sale listing-Listing price is not guaranteed. Prices and terms are subject to lender approval. Take a look at this 4 Bedroom centrally located property. Great neighborhood, house is on a end street, close to Freeways. Bank is waiting for offers.

Last Agent to Sell the Property

Gilberto Gomez

Keller Williams North Valley Listed on: 09/01/2011

Last Buyer's Agent

Gilberto Gomez

Pinnacle Estate Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • 7,841 Sq Ft Lot
  • Wood Fence
  • Rectangular Lot
  • Front Yard Sprinklers
  • Lawn
  • Property is zoned LCRA7000

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,759 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Dining Area

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 30040321

Community Details

Overview

  • No Home Owners Association
  • Association fees include - see remarks

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0

Listing Details

  • House Faces: W
  • Directions To Property: N. Palmdale left in 5tst, than left in Mesa Verde and make a right in San Mateo and make a right on Ranibow Terrace
  • Listing Member Name: Gilberto Gomez
  • Lot Measurement: SqFt
  • Prop. Type: A
  • Sp Percent Lp: 0.92
  • Square Footage: 1759.00
  • Year Built: 1990
  • Property Sub Type: Single Family Residence
  • R V Access: No
  • Building Stories: 1 Story
  • Cross Street: Paved
  • Building Style: Traditional
  • Special Features: 12
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Appliances: Gas Oven, Gas Range
  • Dining Room: Dining Area
  • Fireplace: Family Room, Gas, Woodburning
  • Flooring: Carpet, Tile
  • Laundry: Common Area
  • Sprinklers: Front

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Roof: Tile
  • Exterior Features: Family Room, Lawn - Front
  • Fencing: Wood
  • Lot Size: Rectangular Lot
  • Pool: None
  • Spa: None
  • Foundation: Concrete Slab

Garage/Parking

  • Garage Spaces: Direct Access
  • GarageNumberOfGarageSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Hot Water: Public Utility
  • Utilities: 220 Electric, Cable TV

Condo/Co-op/Association

  • HOA: No
  • H O A Includes: None - See Remarks
  • Senior Housing Type: SFD (Single Family Dwelling)

Lot Info

  • Lot Acres: 0.18
  • Zoning: LCRA7000
  • Horse Property: No

Rental Info

  • Pet Deposit: $3000

Tax Info

  • Assessor Parcel Number: 30040321

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2017
Sold by
Garcia Gustavo Adolfo Sanchez
Bought by
Garcia Gustavo Adolfo Sanchez
Current Estimated Value
$497,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$128,357
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$369,063

Purchase Details

Closed on
Oct 3, 2013
Sold by
Garcia Gustavo Sanchez
Bought by
Garcia Gustavo Sanchez and Luna Stacy

Purchase Details

Listed on
Sep 1, 2011
Closed on
Sep 25, 2012
Sold by
Luna Stacy
Bought by
Garcia Gustavo Sanchez
Seller's Agent
Gilberto Gomez
Keller Williams North Valley
Buyer's Agent
Gilberto Gomez
Pinnacle Estate Properties
List Price
$120,000
Sold Price
$110,000
Premium/Discount to List
-$10,000
-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
12.04%
Original Mortgage
$108,007
Interest Rate
3.59%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 1, 2011
Closed on
Aug 15, 2012
Sold by
Rodriguez Henry and Rodriguez Robert
Bought by
Garcia Gustavo Sanchez
Seller's Agent
Gilberto Gomez
Keller Williams North Valley
Buyer's Agent
Gilberto Gomez
Pinnacle Estate Properties
List Price
$120,000
Sold Price
$110,000
Premium/Discount to List
-$10,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,007
Interest Rate
3.59%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 12, 2005
Sold by
Rodriguez Edith D and Martinez Maria
Bought by
Rodriguez Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,400
Interest Rate
5.48%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 28, 2005
Sold by
Younan Philp S
Bought by
Rodriguez Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,400
Interest Rate
5.48%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Garcia Gustavo Adolfo Sanchez -- Title 365
Garcia Gustavo Adolfo Sanchez -- Title 365
Garcia Gustavo Sanchez -- Accommodation
Garcia Gustavo Sanchez -- None Available
Garcia Gustavo Sanchez $110,000 None Available
Rodriguez Henry -- Southland Title Corporation
Rodriguez Henry $334,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Gustavo Adolfo Sanchez $240,000
Closed Garcia Gustavo Sanchez $108,007
Previous Owner Rodriguez Henry $33,400
Previous Owner Rodriguez Henry $267,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2012 09/30/12 Sold $110,000 -8.3% $63 / Sq Ft
06/22/2012 06/22/12 Pending -- -- --
09/01/2011 09/01/11 For Sale $120,000 -- $68 / Sq Ft
Source: Greater Antelope Valley 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 $2,803 $135,444 $27,084 $108,360
2024 $2,803 $132,789 $26,553 $106,236
2023 $2,760 $130,186 $26,033 $104,153
2022 $2,673 $127,634 $25,523 $102,111
2021 $2,603 $125,132 $25,023 $100,109
2019 $2,547 $121,423 $24,282 $97,141
2018 $2,503 $119,043 $23,806 $95,237
2016 $2,465 $114,423 $22,883 $91,540
2015 $2,430 $112,705 $22,540 $90,165
2014 $2,404 $110,498 $22,099 $88,399
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2012

    Gilberto Gomez

    Keller Williams North Valley

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 1110323

Greater Antelope Valley Association of REALTORS®

APN: 3004-032-102

California Los Angeles County Palmdale 93551 West Palmdale

348 Rainbow Terrace, Palmdale, CA

Not Listed for Sale

Detached

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.

Greater Antelope Valley 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.

Nearby Homes