NOT LISTED FOR SALE

462-825 Rainbow Dr Westwood, CA 96137

Estimated Value: $144,000 - $283,000

2 Beds
2 Baths
1,351 Sq Ft
$162/Sq Ft Est. Value

Last Sold October 31, 2012

Last sale price $50,000 $37 Per Sq Ft

Est. 337% increase in value since last sale

Current estimated payment $1,300/month

9 Days on Market

Highlights

  • Deck
  • No HOA
  • 3 Car Detached Garage
  • Wood Burning Stove
  • Breakfast Area or Nook
  • Double Pane Windows

About This Home

As of October 2012

Property needs work but the location on the creek is outstanding.

Last Agent to Sell the Property

Larry Smith

SMITH PROPERTIES License #00551162 Listed on: 09/05/2012

Co-Listed By

DONNA SMITH

SMITH PROPERTIES License #01377515

Last Buyer's Agent

CAROL BARKER

COLDWELL BANKER KEHR/O'BRIEN (C) License #01706878

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,428

Year Built

  • Built in 1955

Lot Details

  • Level Lot

Home Design

  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,351 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Double Pane Windows
  • Family Room
  • Carpet
  • Carbon Monoxide Detectors

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Parking

  • 3 Car Detached Garage
  • Dirt Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 123-073-18

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,428

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Site Built Conventional
  • Property Description: Residential Neighborhood
  • Stories: 1
  • Estimated Sq Ft: 1351
  • Price Per Sq Ft: 37.01
  • New Construction: No
  • Estimated Year Built: 1955
  • Access: Paved
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Personal Property: No
  • Interior Amenities: Electric Stove Connection
  • Appliances: Dishwasher
  • Equipment: CO Detector
  • Flooring: Carpet
  • Fireplace: None
  • Heating: Woodstove, Forced Air, Propane Gas
  • Insulation: Unknown
  • Bathroom: Shower/Tub
  • Full Bathrooms: 2
  • Number Of Bedrooms: 2
  • Basement: No
  • Other Rooms: Family Room, Breakfast Nook/Eat In Ktc

Exterior Features

  • Construction: Frame
  • Driveway: Dirt
  • Exterior Features: Deck, Storage Shed/ Outbuilding, Dual Pane Windows
  • Exterior Siding: Wood
  • Foundation: Perimeter
  • Roof: Composition
  • Additional Living Units: No

Garage/Parking

  • Parking: Off-Street Parking
  • Garage: 3+ Detached
  • Carport: None

Utilities

  • Cooling: None
  • Utilities: Water Community, Sewer Septic
  • Water Heater: Electric

Association/Amenities

  • HOA Mandatory: No
  • HOA: No

Lot Info

  • Assessor Parcel Number: L123
  • Full APN: 123-073-18
  • Number Of Acres Source: Assessor
  • Topography: Level
  • View: Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2012
Closed on
Oct 24, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hill Ronald and Hill Elizabeth
Seller's Agent
Larry Smith
SMITH PROPERTIES
Buyer's Agent
CAROL BARKER
COLDWELL BANKER KEHR/O'BRIEN (C)
List Price
$39,900
Sold Price
$50,000
Premium/Discount to List
$10,100
25.31%
Current Estimated Value
$218,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,523
Avg. Annual Appreciation
11.77%
Original Mortgage
$40,000
Outstanding Balance
$27,792
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$181,675

Purchase Details

Listed on
Sep 5, 2012
Closed on
Oct 1, 2012
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation
Seller's Agent
Larry Smith
SMITH PROPERTIES
Buyer's Agent
CAROL BARKER
COLDWELL BANKER KEHR/O'BRIEN (C)
List Price
$39,900
Sold Price
$50,000
Premium/Discount to List
$10,100
25.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Outstanding Balance
$27,792
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$181,675

Purchase Details

Closed on
Aug 31, 2012
Sold by
Thompson George W
Bought by
Wells Fargo Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Outstanding Balance
$27,792
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$181,675

Purchase Details

Closed on
Nov 30, 2007
Sold by
Belmonte Peter A and Rooney Miriam
Bought by
Thompson George W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Hill Ronald $50,000 Cal Sierra Title Company
Federal Home Loan Mortgage Corporation -- Accommodation
Wells Fargo Bank Na $99,354 Accommodation
Thompson George W $225,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Ronald $40,000
Previous Owner Thompson George W $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2012 10/31/12 Sold $50,000 +25.3% $37 / Sq Ft
09/14/2012 09/14/12 Pending -- -- --
09/05/2012 09/05/12 For Sale $39,900 -- $30 / Sq Ft
Source: Plumas 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 $1,428 $135,447 $61,567 $73,880
2024 $1,428 $132,792 $60,360 $72,432
2023 $1,402 $130,189 $59,177 $71,012
2022 $1,376 $127,637 $58,017 $69,620
2021 $1,436 $125,135 $56,880 $68,255
2020 $1,368 $123,853 $56,297 $67,556
2019 $1,366 $121,426 $55,194 $66,232
2018 $1,376 $119,046 $54,112 $64,934
2017 $1,270 $116,712 $53,051 $63,661
2016 $1,282 $114,424 $52,011 $62,413
2015 $1,284 $112,706 $51,230 $61,476
2014 $1,288 $110,499 $50,227 $60,272
Source: Public Records

Agents Affiliated with this Home

  • Larry Smith

    Seller's Agent in 2012

    Larry Smith

    SMITH PROPERTIES

    (530) 257-2441

    176 Total Sales

    Larry Smith
    Section Image

  • D

    Seller Co-Listing Agent in 2012

    DONNA SMITH

    SMITH PROPERTIES

    Section Image

  • C

    Buyer's Agent in 2012

    CAROL BARKER

    COLDWELL BANKER KEHR/O'BRIEN (C)

    Section Image
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Map

Source: Plumas Association of REALTORS®

MLS Number: 201200978

Plumas Association of REALTORS®

APN: 123-073-018-000

California Lassen County Westwood 96137

462-825 Rainbow Dr, Westwood, CA

This home is located at 462-825 Rainbow Dr, Westwood, CA 96137 since 05 September 2012 and is currently estimated at $218,523, approximately $161 per square foot. This property was built in 1955. 462-825 Rainbow Dr is a home located in Lassen County with nearby schools including Fletcher Walker Elementary School, Westwood High School, and Lake Almanor Christian School.

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