NOT LISTED FOR SALE

47501 Rainbow Canyon Rd Temecula, CA 92592

Estimated Value: $602,000 - $892,000

1 Bed
1 Bath
1,584 Sq Ft
$462/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $560,000 $354 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,379/month

22 Days on Market

Highlights

  • RV Access or Parking
  • View of Trees or Woods
  • No HOA
  • Temecula Luiseno Elementary Rated A-
  • Wood Flooring
  • Workshop

About This Home

As of October 2021

Unique property on 1.46 acres with 1957 home, second outbuilding, quonset hut workshop/storage, large boulder and park-like setting. The property is a fixer and needs work and is priced accordingly. It has been a rental for many years. Current tenant is willing to stay and is currently paying $2100 per month. Property has room for trucks, animals and more.

Last Agent to Sell the Property

Roy Moosa

Sun Realty License #01211276 Listed on: 03/30/2021

Last Buyer's Agent

David Campos

Berkshire Hathaway Drysdale Pr License #01981768

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,941

Year Built

  • Built in 1957

Lot Details

  • 1.46 Acre Lot
  • Lot Dimensions are 339 x 216x 256 x 216
  • Chain Link Fence
  • Level Lot
  • Irregular Lot
  • Property is zoned Residential possibly commercial. Prop...

Property Views

  • Woods
  • Hills
  • Park or Greenbelt
  • Rock

Home Design

  • Bungalow
  • Fixer Upper
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,584 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Workshop
  • Wood Flooring
  • Free-Standing Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • Parking Available
  • Private Parking
  • Driveway
  • Unpaved Parking
  • On-Site Parking
  • RV Access or Parking

Outdoor Features

  • Outdoor Storage
  • Outbuilding

Schools

  • Temecula Luiseno Elementary School
  • Great Oak High School

Utilities

  • Conventional Septic

Listing and Financial Details

  • Tax Tract Number 94005
  • Assessor Parcel Number 918120004

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,941

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Country Road
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: Residential possibly commercial. Prop...
  • Architectural Style: Bungalow
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 918120004
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1584.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full And Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Free Standing, Living Room, Masonry
  • Levels: One
  • Price Per Square Foot: 353.54
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Workshop

Exterior Features

  • Other Structures: Outbuilding, Storage
  • View: Hills, Park/Greenbelt, Rocks, Trees/Woods
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Block, Frame

Garage/Parking

  • Attached Garage: No
  • Parking: Yes
  • Parking Features: Driveway, Unpaved, On Site, Private, RV Access/Parking

Utilities

  • Utilities: Electricity Connected
  • Sprinklers: No
  • Laundry: Yes
  • Appliances: Free-Standing Range
  • Laundry Features: Outside
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park

Schools

  • School District: Temecula Unified
  • Elementary School: Temecula Luiseno
  • High School: Great Oak
  • Elementary School: Temecula Luiseno
  • High School: Great Oak
  • Elementary School #2: TEMLUI
  • High School2: GREOAK2

Lot Info

  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft, Irregular Lot, Level
  • Lot Size: 339 x 216x 256 x 216
  • Lot Size Sq Ft: 63597.60
  • Lot Size Acres: 1.4600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1.4600 Acres

Tax Info

  • Tax Tract Number: 094005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2023
Sold by
Dealba Raul Carlos and De Alba Maria
Bought by
Dealba Raul Carlos and De Alba Maria
Current Estimated Value
$731,893

Purchase Details

Listed on
Mar 30, 2021
Closed on
Oct 7, 2021
Sold by
Elsa Morales
Seller's Agent
Roy Moosa
Sun Realty
Buyer's Agent
David Campos
Berkshire Hathaway Drysdale Pr
List Price
$550,000
Sold Price
$560,000
Premium/Discount to List
$10,000
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%

Purchase Details

Closed on
Apr 27, 2021
Sold by
Morales John and The Elsa Garcia Morales Living
Bought by
Dealba Raul Carlos and Yanez Maria Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2013
Sold by
Morales Elsa G
Bought by
Elsa G Morales Trust
Source: Public Records

Range of Values:

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
Dealba Raul Carlos -- None Listed On Document
-- -- --
Dealba Raul Carlos $560,000 Stewart Title Of Ca Inc
-- -- --
Elsa G Morales Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dealba Raul Carlos $532,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2021 10/07/21 Sold $560,000 +1.8% $354 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $550,000 -- $347 / 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 $5,941 $594,276 $143,263 $451,013
2023 $5,941 $571,200 $137,700 $433,500
2022 $5,845 $560,000 $135,000 $425,000
2021 $1,361 $129,028 $40,511 $88,517
2020 $1,347 $127,706 $40,096 $87,610
2019 $1,328 $125,203 $39,310 $85,893
2018 $1,304 $122,749 $38,540 $84,209
2017 $1,281 $120,343 $37,785 $82,558
2016 $1,255 $117,985 $37,045 $80,940
2015 $1,232 $116,215 $36,490 $79,725
2014 $1,196 $113,940 $35,776 $78,164
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Roy Moosa

    Sun Realty

    (760) 224-6377

    12 Total Sales

    Roy Moosa
    Section Image

  • D

    Buyer's Agent in 2021

    David Campos

    Berkshire Hathaway Drysdale Pr

  • D

    Buyer's Agent in 2021

    David Bernstein

    Axia Real Estate Group, Inc

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2103371

California Regional Multiple Listing Service (CRMLS)

APN: 918-120-004

California Riverside County Temecula 92592

47501 Rainbow Canyon Rd, Temecula, CA

This home is located at 47501 Rainbow Canyon Rd, Temecula, CA 92592 since 30 March 2021 and is currently estimated at $731,893, approximately $462 per square foot. This property was built in 1957. 47501 Rainbow Canyon Rd is a home located in Riverside County with nearby schools including Temecula Luiseno Elementary, Erle Stanley Gardner Middle School, and Great Oak High School.

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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes