NOT LISTED FOR SALE

37942 Rainbow Dr Murrieta, CA 92563

Estimated Value: $723,000 - $813,000

4 Beds
2.5 Baths
2,459 Sq Ft
$313/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $730,000 $297 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,903/month

3 Days on Market

Highlights

  • Pebble Pool Finish
  • City Lights View
  • No HOA
  • Monte Vista Elementary School Rated A-
  • Quartz Countertops
  • Covered Patio or Porch

About This Home

As of April 2022

Beautiful Turnkey Pool Home!!! 4Bd/ 2.5Ba on a Large Fully Landscaped Lot! Nice Open Floor Plan with a Large Upgraded Kitchen with Quartz Counter Tops & Stainless Steel Appliances. Stacked Stone Fireplace, Newer Hard Surface Floors Downstairs, New Carpet Upstairs. Completely Wired Entertainers Back Yard with Lighting and Sparking Pool. Pool has 2 yr New Pebble Plaster! Covered Patio. New Exterior Paint 1 yr Ago. New Interior Paint 1-2 yrs Ago. Solar!!! NO HOA!!!

Last Agent to Sell the Property

John Callahan

Option West Realty License #00981535 Listed on: 03/18/2022

Last Buyer's Agent

Sara Nuernberger

NON-MEMBER/NBA or BTERM OFFICE License #02031176

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 0.25 Acre Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • City Lights
  • Hills

Home Design

  • Turnkey
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,459 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Separate Family Room
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Pool

  • Pebble Pool Finish
  • In Ground Pool

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 74
  • Tax Tract Number 234
  • Assessor Parcel Number 908071009
  • $2,426 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 908071009
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2459.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 296.87
  • Room Type: All Bedrooms Up, Living Room, Master Bathroom, Master Bedroom, Separate Family Room
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • View: City Lights, Hills
  • Patio And Porch Features: Covered
  • Pool Features: Private, In Ground, Pebble
  • Pool Private: Yes
  • Roof: Tile
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Water Heater
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10890.00
  • Lot Size Acres: 0.2500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10890.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 503.00
  • Tax Lot: 74
  • Tax Tract Number: 234...
  • TaxOtherAnnualAssessmentAmount: 2426.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
Mar 28, 2022
Sold by
Lowe and Janelle
Bought by
Lacasse Gregory John and Lacasse Kaylie Ann
Seller's Agent
John Callahan
Option West Realty
Buyer's Agent
Sara Nuernberger
NON-MEMBER/NBA or BTERM OFFICE
List Price
$715,000
Sold Price
$730,000
Premium/Discount to List
$15,000
2.1%
Current Estimated Value
$768,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,973
Avg. Annual Appreciation
1.38%
Original Mortgage
$686,137
Outstanding Balance
$637,380
Interest Rate
3.89%
Mortgage Type
Balloon
Estimated Equity
$131,593

Purchase Details

Closed on
Sep 25, 2009
Sold by
Gmac Mortgage Llc
Bought by
Lowe Jordon and Lowe Janelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,562
Interest Rate
5.02%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 26, 2009
Sold by
Martinez Francisco
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,562
Interest Rate
5.02%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 2005
Sold by
Martinez Ruby Elaine and Martinez Francisco Javier
Bought by
Martinez Francisco

Purchase Details

Closed on
Apr 8, 2002
Sold by
Kb Home Coastal Inc
Bought by
Martinez Francisco Javier and Martinez Ruby Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,750
Interest Rate
6.99%
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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Purchase History

Date Buyer Sale Price Title Company
Lacasse Gregory John $730,000 Wfg National Title
Lowe Jordon $245,000 Fidelity National Title Co
Gmac Mortgage Llc $200,700 Accommodation
Martinez Francisco -- Ticor Title Company Of Ca
Martinez Francisco Javier $245,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lacasse Gregory John $686,137
Previous Owner Lowe Jordon $240,562
Previous Owner Martinez Francisco Javier $195,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2022 04/08/22 Sold $730,000 0.0% $297 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/21/2022 03/21/22 Price Changed $730,000 +2.1% $297 / Sq Ft
03/18/2022 03/18/22 For Sale $715,000 -- $291 / 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 $10,820 $774,681 $106,120 $668,561
2023 $10,820 $744,600 $102,000 $642,600
2022 $5,756 $297,994 $60,810 $237,184
2021 $5,674 $292,152 $59,618 $232,534
2020 $5,624 $289,157 $59,007 $230,150
2019 $5,544 $283,488 $57,850 $225,638
2018 $5,466 $277,930 $56,716 $221,214
2017 $5,406 $272,481 $55,604 $216,877
2016 $5,349 $267,139 $54,514 $212,625
2015 $5,294 $263,129 $53,697 $209,432
2014 $5,136 $257,978 $52,647 $205,331
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW22053513

California Regional Multiple Listing Service (CRMLS)

APN: 908-071-009