NOT LISTED FOR SALE

5440 Rainbow Ln Atwater, CA 95301

Estimated Value: $578,000 - $685,000

3 Beds
2.5 Baths
2,280 Sq Ft
$283/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $430,000 $189 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,865/month

150 Days on Market

Highlights

  • In Ground Pool
  • All Bedrooms Downstairs
  • No HOA
  • Primary Bedroom Suite
  • Lawn
  • Neighborhood Views

About This Home

As of October 2016

This home is beautiful, immaculate and meticulously maintained. The floor plan features 3 bedrooms, 2.5 baths, living room, family room, dining room and updated kitchen with breakfast bar. The master bath is spacious, updated and features a jetted tub. Other amenities include a security system, a new seller owned solar system, reverse osmosis water filter, gas log insert, 3 storage sheds and more. The domestic well is only six years old and a recent well test showed 100+ feet of water. The yard is nothing short of spectacular. The 1.5 acre lot is tastefully laid out and boasts stately mature evergreens, lush shrubbery, perennials and a pitch and putt golf course. The backyard is perfect for entertaining with lots of shade, a lovely patio, pool with waterfall and spa as well as a covered bar with built-in BBQ. You must see this home, when wandering the grounds you feel like you are at a Lake Tahoe resort. REFER TO AGENT REMARKS FOR IMPORTANT INFORMATION.

Last Agent to Sell the Property

Melinda Price

London Properties Ltd - Merced License #01116263 Listed on: 08/02/2016

London Properties Ltd - Merced

Co-Listed By

Jerry Price

London Properties Ltd - Merced License #01244564

Last Buyer's Agent

Carmen Flores

Homesmart PV & Assoc., Merced License #01849310

Homesmart PV & Assoc., Merced

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,459

Year Built

  • Built in 1977

Lot Details

  • 1.5 Acre Lot
  • Landscaped
  • Front and Back Yard Sprinklers
  • Lawn

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Composition Roof

Interior Spaces

  • 2,280 Sq Ft Home
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Built-In Range
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • Primary Bedroom Suite

Pool

  • In Ground Pool
  • In Ground Spa
  • Gunite Spa
  • Gunite Pool

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Shed
  • Outdoor Grill
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Well
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 150130009

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,459

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 150130009
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2280.00
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 188.60
  • Room Type: All Bedrooms Down, Living Room, Master Suite, Separate Family Room
  • Spa Features: Gunite, In Ground
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s)
  • Exterior Features: Barbecue Private, Lighting, Rain Gutters
  • View: Neighborhood
  • Patio And Porch Features: Covered
  • Pool Features: Gunite, In Ground
  • Roof: Composition
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Electric Oven, Electric Range, Disposal
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Conventional Septic
  • Water Source: Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Landscaped, Lot Over 40000 Sqft, Sprinklers In Front, Sprinklers In Rear, Sprinkler System
  • Lot Size Sq Ft: 65340.00
  • Price Per Lot Square Foot: 6.81

Multi Family

  • Lease Considered: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2016
Closed on
Aug 29, 2016
Sold by
Braa Sylvan L and Braa Sandra M
Bought by
Magana Jose D and Magana Alejandra
Seller's Agent
Melinda Price
London Properties Ltd - Merced
Buyer's Agent
Carmen Flores
Homesmart PV & Assoc., Merced
List Price
$444,900
Sold Price
$430,000
Premium/Discount to List
-$14,900
-3.35%
Current Estimated Value
$645,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,013
Avg. Annual Appreciation
4.59%
Original Mortgage
$295,000
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2001
Sold by
Braa Sylvan L and Moschitto Braa Sandra
Bought by
Braa Sylvan L and Braa Sandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.15%

Purchase Details

Closed on
May 22, 2001
Sold by
Braa Sylvan L and Braa Sandra M
Bought by
Braa Sylvan L and Moschitto Braa Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.15%

Purchase Details

Closed on
Oct 18, 1999
Sold by
Braa Sylvan L and Braa Sandra M
Bought by
Braa Sylvan L and Braa Sandra M
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
Magana Jose D $430,000 Transcounty Title Company
Braa Sylvan L -- Transcounty Title Company
Braa Sylvan L -- Transcounty Title Company
Braa Sylvan L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magana Jose D $295,000
Previous Owner Braa Sylvan L $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2016 10/14/16 Sold $430,000 -3.3% $189 / Sq Ft
08/23/2016 08/23/16 Pending -- -- --
08/02/2016 08/02/16 For Sale $444,900 +3.5% $195 / Sq Ft
07/26/2016 07/26/16 Off Market $430,000 -- --
07/25/2016 07/25/16 Price Changed $444,900 -1.1% $195 / Sq Ft
07/25/2016 07/25/16 Price Changed $449,900 -4.3% $197 / Sq Ft
07/05/2016 07/05/16 For Sale $469,900 0.0% $206 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
06/21/2016 06/21/16 Price Changed $469,900 -1.1% $206 / Sq Ft
05/24/2016 05/24/16 Price Changed $475,000 -4.0% $208 / Sq Ft
05/02/2016 05/02/16 Price Changed $494,990 -1.0% $217 / Sq Ft
03/26/2016 03/26/16 For Sale $499,990 -- $219 / 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 $5,459 $506,899 $174,085 $332,814
2024 $5,459 $496,961 $170,672 $326,289
2023 $5,319 $487,218 $167,326 $319,892
2022 $5,184 $470,266 $164,046 $306,220
2021 $5,191 $461,046 $160,830 $300,216
2020 $5,136 $456,319 $159,181 $297,138
2019 $4,913 $447,372 $156,060 $291,312
2018 $4,796 $438,600 $153,000 $285,600
2017 $4,736 $430,000 $150,000 $280,000
2016 $2,107 $162,873 $19,888 $142,985
2015 $1,782 $160,428 $19,590 $140,838
2014 $1,741 $157,287 $19,207 $138,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC16062676

California Regional Multiple Listing Service (CRMLS)

APN: 150-130-009