$455,000
SOLD JAN 30, 2025

545 Rainbow Terrace Palmdale, CA 93551

West Palmdale Neighborhood
3 Beds
2 Baths
1,290 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$353 Per Sq Ft

3% Above List Price

5 Days on Market

Highlights

  • Family Room with Fireplace
  • Lawn
  • 1-Story Property
  • Traditional Architecture
  • No HOA
  • 5-minute walk to Manzanita Heights Park

About This Home

As of January 2025

This gorgeous West Palmdale home has been completely remodeled and it shows! You'll love the open floor plan with two living areas, perfect for entertaining family and friends. The updated kitchen features new stainless steel appliances, beautiful granite countertops, and custom tile floors that add a touch of luxury. You'll also appreciate the large covered patio that spans the entire width of the house, overlooking the private backyard. And with the fresh exterior paint and new front landscaping, this home has amazing curb appeal. You will find plush new carpets in the bedrooms, adding to the home's comfort and style. Custom tile floors flow throughout the rest of the house, adding to the home's overall charm. The spacious master bedroom features a private bathroom with his and her sinks, custom tile floors, and a huge walk-in closet. Close to schools, shopping, restaurants, and more. You won't want to miss this West Palmdale beauty.

Last Agent to Sell the Property

Tanykea Ingram

Broadnax Properties, Inc. License #01445026 Listed on: 11/22/2024

Last Buyer's Agent

Unknown Member

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 6,534 Sq Ft Lot
  • Lawn

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,290 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Dining Area

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3004-024-040

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Directions To Property: 5th West to Rainbow Ter
  • Listing Member Name: Tanykea Ingram
  • Lot Measurement: SqFt
  • Prop. Type: Residential
  • Sp Percent Lp: 1.00
  • Square Footage: 1290.00
  • Year Built: 1984
  • Tax Legal Tract Number: TR=34057 L
  • Property Sub Type: Single Family Residence
  • R V Access: No
  • Building Stories: 1 Story
  • Cross Street: Public
  • Audio Video Surveillance: No
  • House Sale Contingency: None
  • Building Style: Traditional
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Appliances: Dishwasher, Gas Range
  • Basement Full Bathrooms: 2
  • Dining Room: Dining Area
  • Fireplace: Family Room

Exterior Features

  • Exterior Construction: Stucco
  • Roof: Tile
  • Exterior Features: Family Room, Lawn - Front
  • Pool: None
  • Spa: None
  • Foundation: Concrete Slab

Garage/Parking

  • Garage Spaces: Attached
  • GarageNumberOfGarageSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Hot Water: Public Utility
  • Utilities: Natural Gas

Condo/Co-op/Association

  • HOA: No
  • Senior Housing Type: SFD (Single Family Dwelling)

Lot Info

  • Lot Acres: 0.15
  • Zoning: Res
  • Horse Property: No

Green Features

  • Solar: None

Tax Info

  • Assessor Parcel Number: 3004-024-040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2024
Closed on
Jan 8, 2025
Sold by
Clearview Real Estate Holdings Llc
Bought by
Flores Juan C Flores
Seller's Agent
Tanykea Ingram
Broadnax Properties, Inc.
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$439,990
Sold Price
$455,000
Premium/Discount to List
$15,010
3.41%
Views
51
Current Estimated Value
$458,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,812
Avg. Annual Appreciation
0.90%
Original Mortgage
$364,000
Outstanding Balance
$360,434
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$98,378

Purchase Details

Closed on
Aug 7, 2024
Sold by
Clear Recon Corp
Bought by
Clearview Real Estate Holdings Llc

Purchase Details

Closed on
Jul 26, 2024
Sold by
Clear Recon Corp
Bought by
Clearview Real Estate Holdings Llc

Purchase Details

Listed on
Jan 6, 2020
Closed on
Jan 22, 2020
Sold by
Adkins Kyle D
Bought by
Hernandez Moises Elias Cruz
Seller's Agent
Nioka Garcia
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$310,000
Sold Price
$310,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%
Original Mortgage
$304,385
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 15, 2016
Closed on
Aug 16, 2016
Sold by
Adkins Raquel
Bought by
Adkins Kyle D
Seller's Agent
Esperanza Marroquin
Marro Real Estate, Inc.
Buyer's Agent
Nioka Garcia
Keller Williams Realty A.V.
List Price
$249,990
Sold Price
$249,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%
Original Mortgage
$255,365
Interest Rate
3.43%
Mortgage Type
VA

Purchase Details

Listed on
Jul 15, 2016
Closed on
Jul 31, 2016
Sold by
Casas Bonitas Lp
Bought by
Adkins Kyle D
Seller's Agent
Esperanza Marroquin
Marro Real Estate, Inc.
Buyer's Agent
Nioka Garcia
Keller Williams Realty A.V.
List Price
$249,990
Sold Price
$249,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,365
Interest Rate
3.43%
Mortgage Type
VA

Purchase Details

Closed on
Jul 5, 2016
Sold by
The Joan Bailey Farrar Revocable Trust
Bought by
Casas Bonitas Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,365
Interest Rate
3.43%
Mortgage Type
VA

Purchase Details

Closed on
Aug 24, 2007
Sold by
The Joan Bailey Farrar Revocable Trust
Bought by
The Joan Bailey Farrar Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
5.16%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
May 24, 2005
Sold by
The Joan Bailey Farrar Revocable Trust
Bought by
Farrar Russell James

Purchase Details

Closed on
Jul 1, 2003
Sold by
Farrar Joan Bailey
Bought by
The Joan Bailey Farrar Revocable Trust

Purchase Details

Closed on
Apr 16, 2003
Sold by
Adams Christopher
Bought by
Bailey Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.72%

Purchase Details

Closed on
Oct 30, 2001
Sold by
Adams Christopher
Bought by
Adams Christopher and Adams Shaunna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,658
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 2001
Sold by
Adams Victoria
Bought by
Adams Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,658
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 1998
Sold by
Federal National Mortgage Association
Bought by
Adams Christopher and Adams Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,354
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 17, 1998
Sold by
North American Mtg Company
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 7, 1998
Sold by
Hanrahan John R
Bought by
North American Mtg Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 $455,000 Chicago Title Company
Trustee Deed $367,608 None Listed On Document
Trustee Deed $367,608 None Listed On Document
Grant Deed $310,000 Chicago Title Company
Interfamily Deed Transfer -- First American Title La
Grant Deed $250,000 First American Title
Trustee Deed $199,000 None Available
Interfamily Deed Transfer -- North American Title Co
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Grant Deed $165,000 First American Title Co
Interfamily Deed Transfer -- Lawyers Title Company
Interfamily Deed Transfer -- --
Corporate Deed $79,000 Chicago Title Insurance Co
Grant Deed -- American Title Co
Trustee Deed $71,275 American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $364,000 New Conventional
Previous Owner $304,385 FHA
Previous Owner $255,365 VA
Previous Owner $487,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $95,000 No Value Available
Previous Owner $98,658 FHA
Previous Owner $78,354 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2025 01/30/25 Sold $455,000 0.0% $353 / Sq Ft
11/27/2024 11/27/24 Pending -- -- --
11/27/2024 11/27/24 Price Changed $455,000 +3.4% $353 / Sq Ft
11/22/2024 11/22/24 For Sale $439,990 0.0% $341 / Sq Ft
07/14/2022 07/14/22 Sold $440,000 0.0% $341 / Sq Ft View Prior Sale
06/15/2022 06/15/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $440,000 +41.9% $341 / Sq Ft
03/03/2020 03/03/20 Sold $310,000 0.0% $240 / Sq Ft View Prior Sale
01/20/2020 01/20/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $310,000 +24.0% $240 / Sq Ft
09/28/2016 09/28/16 Sold $249,990 0.0% $194 / Sq Ft View Prior Sale
07/22/2016 07/22/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $249,990 -- $194 / Sq Ft
Source: Greater Antelope Valley 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 $6,956 $454,000 $113,500 $340,500
2024 $6,956 $448,800 $219,810 $228,990
2023 $6,824 $440,000 $215,500 $224,500
2022 $5,331 $335,138 $116,659 $218,479
2021 $5,202 $328,568 $114,372 $214,196
2020 $4,508 $265,301 $53,060 $212,241
2019 $4,438 $260,100 $52,020 $208,080
2018 $4,362 $255,000 $51,000 $204,000
2016 $3,467 $201,862 $55,907 $145,955
2015 $3,395 $196,000 $54,200 $141,800
2014 $2,733 $140,000 $38,700 $101,300
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2025

    Tanykea Ingram

    Broadnax Properties, Inc.

    (661) 674-9635

    17 in this area

    434 Total Sales

    Tanykea Ingram
    Section Image

  • U

    Buyer's Agent in 2025

    Unknown Member

    NON-MEMBER OFFICE

  • A

    Seller's Agent in 2022

    Alejandro Rosales

    Keller Williams Realty A.V.

  • Nioka Garcia

    Seller's Agent in 2020

    Nioka Garcia

    (661) 547-0819

    1 in this area

    14 Total Sales

    Nioka Garcia
    Section Image
  • Esperanza Marroquin

    Seller's Agent in 2016

    Esperanza Marroquin

    Marro Real Estate, Inc.

    (661) 471-6621

    59 in this area

    298 Total Sales

    Esperanza Marroquin
    Section Image
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Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 24008689

Greater Antelope Valley Association of REALTORS®

APN: 3004-024-040

California Los Angeles County Palmdale 93551 West Palmdale

545 Rainbow Terrace, Palmdale, CA

Sold

Detached

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