$196,000
SOLD FEB 14, 2025

4941 Rainbow Dr Weed, CA 96094

2 Beds
2 Baths
1,216 Sq Ft
0.37 Acres

Recently Sold

$161 Per Sq Ft

11% Below List Price

30 Days on Market

Highlights

  • Lake Front
  • A-Frame Home
  • Wood Burning Stove
  • Solar Power System
  • Deck
  • Vaulted Ceiling

About This Home

As of February 2025

Fixer-Upper Opportunity on Lake Shastina, in the Great State of Jefferson – Priced to Sell! "Holiday Special" Don’t miss the chance to own a classic A-frame home on the stunning shores of Lake Shastina! This fixer-upper is perfectly situated in a neighborhood of high-value properties, offering breathtaking views of the lake, the majestic Eddies Mountains, and the iconic Mount Shasta. Imagine starting your day with a sunrise over the mountain and winding down with sunsets that paint the sky in vivid colors over the Eddies and Lake Shastina. The home is surrounded by nature, with quiet streets, a nearby championship golf course designed by Robert Trent Jones Sr, and abundant wildlife, including geese, eagles, and deer. It’s a safe, peaceful community ideal for those seeking tranquility and outdoor adventures. This property offers incredible potential with stunning exposed beams, spiral staircase, hanging fireplace, vaulted ceilings, but it does need some repairs. Priced to sell, it’s a fantastic opportunity to invest in your dream location and customize the home to your liking. Whether you’re looking for a weekend getaway or a permanent retreat, this holiday special won’t last long!

Last Agent to Sell the Property

Scott Lassen

Jefferson State Realty License #02200396 Listed on: 12/23/2024

Last Buyer's Agent

Lesley Jones

CENTURY 21 ADVANTAGE License #01394761

CENTURY 21 ADVANTAGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,716

Year Built

  • Built in 1975

Lot Details

  • 0.37 Acre Lot
  • Lake Front
  • Steep Slope
  • Few Trees
  • Garden
  • Property is zoned Res-1

Parking

  • Driveway

Property Views

  • Lake
  • Trees
  • Hills
  • Mt Shasta
  • The Eddys

Home Design

  • A-Frame Home
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 1,216 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Stove
  • Bay Window
  • French Doors
  • Family Room with Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Utility Room
  • Electric Dryer
  • Washer

Utilities

  • Central Air
  • Heating Available
  • Power Generator
  • Propane
  • Phone Available
  • Satellite Dish

Additional Features

  • Solar Power System
  • Deck

Community Details

  • Lake Shastina Subdivision

Listing and Financial Details

  • Assessor Parcel Number 106-420-100

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,716

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Additional Assessor Parcel Numbers: 106-420-110
  • Assessor Parcel Number: 106-420-100
  • Estimated Acres: 0.37
  • Estimated Age: 31 - 50 Yrs
  • Estimated Sq Ft: 1216
  • Class: Residential
  • Heat: F/A Electric, Wood Stove
  • Lot Dimensions: 138*142*143*96
  • Lvt Date: 12/23/2024
  • Bathrooms: 2
  • Number Of Bedrooms: 2
  • Price Sf: 161.18
  • Remarks To Public: Fixer-Upper Opportunity on Lake Shastina, in the Great State of Jefferson – Priced to Sell! "Holiday Special" Don’t miss the chance to own a classic A-frame home on the stunning shores of Lake Shastina! This fixer-upper is perfectly situated in a neighborhood of high-value properties, offering breathtaking views of the lake, the majestic Eddies Mountains, and the iconic Mount Shasta. Imagine starting your day with a sunrise over the mountain and winding down with sunsets that paint the sky in vivid colors over the Eddies and Lake Shastina. The home is surrounded by nature, with quiet streets, a nearby championship golf course designed by Robert Trent Jones Sr, and abundant wildlife, including geese, eagles, and deer. It’s a safe, peaceful community ideal for those seeking tranquility and outdoor adventures. This property offers incredible potential with stunning exposed beams, spiral staircase, hanging fireplace, vaulted ceilings, but it does need some repairs. Priced to sell, it’s a fantastic opportunity to invest in your dream location and customize the home to your liking. Whether you’re looking for a weekend getaway or a permanent retreat, this holiday special won’t last long!
  • Sewage: Sewer
  • Sewage Type: Sewer
  • Street: Paved
  • Style: A Frame
  • Type: Single Family
  • View: Hills, Lakes, The Eddies, Mt Shasta, Trees
  • View 2: Mt Shasta
  • Window Coverings: Some
  • Year Built: 1975
  • Transmit To Internet: YES
  • I N C L U D E I N Z I L L O W F E E D: YES
  • R E M A R K S T O A G E N T: Property is in need of repairs. Inside, the south facing wall has been repaired/braced but does not appear to be permanent. Wall shows damage. Inspection by contractor recommended. Seller has taken repairs needed into consideration and priced accordingly. Lot to the south is included in the sale.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bathroom Amenities: Shower Enclosure, Tub/Shower Enclosure
  • Appliances: Dishwasher, Garbage Disposal, Microwave, Refrigerator, Washer, Dryer-Electric, Range-Electric
  • Fireplace: One, In Family Room
  • Floor Covering: Carpet, Laminate
  • Foundation: Perimeter
  • Interior Amenities: French Doors, Vaulted Ceilings

Exterior Features

  • Windows: Bay Windows, Metal Frame
  • Exterior: Cedar, Wood
  • Exterior Amenities: Deck, Garden Area, Trees
  • Roof: Composition
  • Stories: Two
  • Waterfront: Lake
  • Waterfront Type: Lake

Garage/Parking

  • Driveway: Concrete

Utilities

  • Cooling: Central Air
  • Heating: F/A Electric
  • Laundry: Utility Room
  • Utilities Available: Cell Service, Electricity, Generator, Hard Line Phone, Propane, Satelite, Solar
  • Water: Community
  • Water Type: Community

Lot Info

  • Topography: Gentle, Slope, Steep
  • Zoning: Res-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2024
Closed on
Feb 20, 2025
Sold by
Peterson Arick and Peterson Ariel
Bought by
Reichmuth Bryce
Seller's Agent
Scott Lassen
Jefferson State Realty
Buyer's Agent
Lesley Jones
CENTURY 21 ADVANTAGE
List Price
$219,000
Sold Price
$196,000
Premium/Discount to List
-$23,000
-10.5%
Views
181
Current Estimated Value
$250,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,095
Avg. Annual Appreciation
44.39%

Purchase Details

Closed on
May 17, 2022
Sold by
Lucas Peterson
Bought by
Peterson Arick

Purchase Details

Closed on
Aug 7, 2002
Sold by
Houk Vernon G and The Houk Family Trust
Bought by
Peterson Keith Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.51%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $196,000 Mt Shasta Title And Escrow Co
Grant Deed -- Mt Shasta Title And Escrow Co
Grant Deed $3,770,000 First American Title
Grant Deed $125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $110,610 Credit Line Revolving
Previous Owner $96,828 Fannie Mae Freddie Mac
Previous Owner $245,000 Unknown
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $196,000 -10.5% $161 / Sq Ft
01/22/2025 01/22/25 Pending -- -- --
12/23/2024 12/23/24 For Sale $219,000 -- $180 / Sq Ft
Source: Siskiyou 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 $1,716 $159,289 $21,712 $137,577
2023 $1,716 $153,106 $20,870 $132,236
2022 $1,681 $150,105 $20,461 $129,644
2021 $1,625 $147,162 $20,060 $127,102
2020 $1,613 $145,654 $19,855 $125,799
2019 $1,582 $142,799 $19,466 $123,333
2018 $1,553 $140,000 $19,085 $120,915
2017 $1,527 $137,256 $18,711 $118,545
2016 $1,498 $134,566 $18,345 $116,221
2015 $1,479 $132,546 $18,070 $114,476
2014 $1,452 $129,951 $17,717 $112,234
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Siskiyou Association of REALTORS®

MLS Number: 20241398

Siskiyou Association of REALTORS®

APN: 106-420-100