NOT LISTED FOR SALE

41380 Rainbow Ln Forest Falls, CA 92339

Estimated Value: $270,639 - $328,000

1 Bed
1 Bath
654 Sq Ft
$441/Sq Ft Est. Value

Last Sold October 05, 2021

Last sale price $223,000 $341 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,723/month

1 Day on Market

Highlights

  • Panoramic View
  • Wood Burning Stove
  • Living Room with Attached Deck
  • Near a National Forest
  • Main Floor Bedroom
  • No HOA

About This Home

As of October 2021

Somewhere Over the Rainbow is this adorable cabin waiting for you to call it home. Off the beaten path and just a few feet away from year 'round Mill Creek this mountain charmer has everything you could need. Mudroom entry leads into bright and airy living room, with tall ceilings and plenty of windows. Lopi efficient wood burning stove power ducted through attic into bedroom provides plenty of heat on winters chilly nights. Laundry room on east side of home, big bedroom and bath (with heated floors) on west side. Kitchen centrally located and remodeled in 2015 w/ all the amenities you need, including dishwasher stove/oven, fridge and beautiful big white double basin farmhouse sink surrounded by plenty of counter space to bake up holiday goodies. Southside of home has lots of windows looking out at the northern face and Palisades. Living room and bedroom both have glass sliders onto large deck for outdoor living. Rear yard fully landscaped and sprinklered with several garden paths. Detached 10 x 10 shed houses all the garden implements needed to make this backyard shine!

Last Agent to Sell the Property

Deborah Welch

GILLMORE REAL ESTATE License #01326809 Listed on: 09/04/2021

Last Buyer's Agent

MIKHAIL BOYARSKI

GILLMORE REAL ESTATE License #02050292

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 5,820 Sq Ft Lot
  • Property fronts a county road
  • Back Yard
  • Property is zoned SD-RES

Property Views

  • River
  • Panoramic
  • Woods
  • Mountain
  • Rock

Home Design

  • Turnkey
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 654 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Double Pane Windows
  • Sliding Doors
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Patio
  • Shed
  • Rear Porch

Schools

  • Fallsvale Elementary School
  • Moore Middle School
  • Redlands East Valley High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Space Heater
  • Electric Water Heater
  • Conventional Septic

Community Details

  • No Home Owners Association
  • Near a National Forest
  • Mountainous Community

Listing and Financial Details

  • Tax Lot 98
  • Tax Tract Number 2260
  • Assessor Parcel Number 0323403170000

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: County Road
  • Road Surface Type: Not Maintained
  • View: Yes
  • Zoning: SD-RES
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0323403170000
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 654.00 Square Feet
  • Interior Amenities: Living Room Deck Attached, Pull Down Stairs to Attic
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Sliding Doors
  • Eating Area: Area
  • Fireplace Features: Living Room, Wood Burning, Free Standing
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 340.98
  • Room Type: All Bedrooms Down, Laundry, Main Floor Bedroom
  • Window Features: Double Pane Windows
  • Bathroom Features: Remodeled
  • Room Kitchen Features: Laminate Counters

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s)
  • View: Mountain(s), Panoramic, River, Rocks, Trees/Woods
  • Fence: No
  • Patio And Porch Features: Rear Porch
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Cement Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Electric Water Heater
  • Heating Type: Space Heater, Wood Stove
  • Laundry Features: Individual Room, Inside
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Blm/National Forest, Mountainous

Schools

  • Elementary School: Fallsvale
  • High School: Redlands East Valley
  • Middle Or Junior School: Moore
  • Elementary School #2: FALLSV
  • High School2: REEAVA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Rocks
  • Lot Size Sq Ft: 5820.00
  • Lot Size Acres: 0.1336

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5820.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 115.00
  • Tax Lot: 98
  • Tax Tract Number: 2260

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2022
Sold by
Sterling Storm F
Bought by
Storm F Sterling Living Trust and Sterling
Current Estimated Value
$288,410

Purchase Details

Listed on
Sep 4, 2021
Closed on
Sep 16, 2021
Sold by
Forest Falls Llc
Bought by
Sterling Storm F
Seller's Agent
Deborah Welch
GILLMORE REAL ESTATE
Buyer's Agent
MIKHAIL BOYARSKI
GILLMORE REAL ESTATE
List Price
$223,000
Sold Price
$223,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
Original Mortgage
$178,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2020
Sold by
Gray Richard F and Gray Angela M
Bought by
Forest Falls Llc

Purchase Details

Closed on
Jan 24, 2020
Sold by
Gray Angela Mary
Bought by
Gray Richard F and Gray Angela M

Purchase Details

Closed on
Nov 21, 2002
Sold by
Plummer Donald
Bought by
Gray Angela Mary
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
Storm F Sterling Living Trust -- None Listed On Document
Sterling Storm F $223,000 Lawyers Title Ie
Forest Falls Llc -- None Available
Gray Richard F -- None Available
Gray Angela Mary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sterling Storm F $178,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2021 10/05/21 Sold $223,000 0.0% $341 / Sq Ft
09/04/2021 09/04/21 For Sale $223,000 -- $341 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $2,580 $236,650 $68,979 $167,671
2024 $2,580 $232,009 $67,626 $164,383
2023 $2,553 $227,460 $66,300 $161,160
2022 $501 $223,000 $65,000 $158,000
2021 $504 $29,837 $4,503 $25,334
2020 $490 $29,531 $4,457 $25,074
2019 $481 $28,952 $4,370 $24,582
2018 $312 $28,384 $4,284 $24,100
2017 $310 $27,827 $4,200 $23,627
2016 $304 $27,282 $4,118 $23,164
2015 $302 $26,872 $4,056 $22,816
2014 $292 $26,346 $3,977 $22,369
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV21196287

California Regional Multiple Listing Service (CRMLS)

APN: 0323-403-17