7041 Rainbow Ct Riverside, CA 92506
Estimated Value: $638,000 - $670,000
3
Beds
2
Baths
1,774
Sq Ft
$369/Sq Ft
Est. Value
Highlights
- No HOA
- 2 Car Attached Garage
- Central Heating and Cooling System
- Neighborhood Views
- Laundry Room
- Back and Front Yard
About This Home
As of April 2021Remodeled single story home in Riverside. 3 bed and 2 baths all new paint with recessed lighting, and luxury vinyl floors. Open kitchen with white cabinets, Quartz countertops and subway tile backsplash. Huge family room to stay connected with the entire family. Living room and updated bathrooms. New carpet in bedrooms. Central air and heat. Big backyard for entertaining. 2 car attached garage with lots of parking. Close to parks, shopping, and freeways.
Last Agent to Sell the Property
RE/MAX INNOVATIONS License #01490787 Listed on: 04/07/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,279
Year Built
- Built in 1959
Lot Details
- 7,405 Sq Ft Lot
- Back and Front Yard
- Property is zoned R1
Parking
- 2 Car Attached Garage
Interior Spaces
- 1,774 Sq Ft Home
- 1-Story Property
- Neighborhood Views
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Additional Features
- Exterior Lighting
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 7
- Tax Tract Number 312
- Assessor Parcel Number 235081007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2021
Closed on
Apr 22, 2021
Sold by
Wilson Group Llc
Bought by
Velazquez Diane and Medina Jiselle M
Seller's Agent
Leslie Wilson
RE/MAX INNOVATIONS
Buyer's Agent
Adriana Hesford
EXCELLENCE EMPIRE REAL ESTATE
List Price
$519,900
Sold Price
$535,000
Premium/Discount to List
$15,100
2.9%
Total Days on Market
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,935
Avg. Annual Appreciation
5.03%
Original Mortgage
$479,750
Outstanding Balance
$436,892
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$218,043
Purchase Details
Listed on
Apr 7, 2021
Closed on
Apr 19, 2021
Sold by
Medina Edgar
Bought by
Velazquez Diane
Seller's Agent
Leslie Wilson
RE/MAX INNOVATIONS
Buyer's Agent
Adriana Hesford
EXCELLENCE EMPIRE REAL ESTATE
List Price
$519,900
Sold Price
$535,000
Premium/Discount to List
$15,100
2.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,750
Outstanding Balance
$436,892
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$218,043
Purchase Details
Listed on
Apr 7, 2021
Closed on
Mar 8, 2021
Sold by
Renon Larry J
Bought by
Sundae Inc
Seller's Agent
Leslie Wilson
RE/MAX INNOVATIONS
Buyer's Agent
Adriana Hesford
EXCELLENCE EMPIRE REAL ESTATE
List Price
$519,900
Sold Price
$535,000
Premium/Discount to List
$15,100
2.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,750
Outstanding Balance
$436,892
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$218,043
Purchase Details
Listed on
Apr 7, 2021
Closed on
Mar 5, 2021
Sold by
Renon Pamela Martin
Bought by
Renon Larry J
Seller's Agent
Leslie Wilson
RE/MAX INNOVATIONS
Buyer's Agent
Adriana Hesford
EXCELLENCE EMPIRE REAL ESTATE
List Price
$519,900
Sold Price
$535,000
Premium/Discount to List
$15,100
2.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,750
Outstanding Balance
$436,892
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$218,043
Purchase Details
Listed on
Apr 7, 2021
Closed on
Mar 3, 2021
Sold by
Sundae Inc
Bought by
The Wilson Group Llc
Seller's Agent
Leslie Wilson
RE/MAX INNOVATIONS
Buyer's Agent
Adriana Hesford
EXCELLENCE EMPIRE REAL ESTATE
List Price
$519,900
Sold Price
$535,000
Premium/Discount to List
$15,100
2.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,750
Outstanding Balance
$436,892
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$218,043
Purchase Details
Closed on
Oct 16, 2017
Sold by
Renon Larry J and Renon Janet K
Bought by
Renon Larry J and Renon Janet K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
3.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 22, 2016
Sold by
Larry & Janet Renon Revocable Living Tru
Bought by
Renon Larry and Renon Janet
Purchase Details
Closed on
Jun 3, 2009
Sold by
Renon Larry J
Bought by
Renon Larry J and Renon Janet K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,800
Interest Rate
4.83%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 23, 2003
Sold by
Renon Mary H
Bought by
Renon Larry J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Interest Rate
1.95%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Riverside, CA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Velazquez Diane | $535,000 | Usa National Title | |
| Velazquez Diane | -- | Usa National Title | |
| Sundae Inc | $400,000 | Priority Title | |
| Renon Larry J | -- | Priority Title | |
| The Wilson Group Llc | $420,000 | Usa National Ttl Co Redlands | |
| Renon Larry J | -- | Stewart Title Of California | |
| Renon Larry | -- | None Available | |
| Renon Larry J | -- | None Available | |
| Renon Larry J | -- | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Velazquez Diane | $479,750 | |
| Previous Owner | The Wilson Group Llc | $336,000 | |
| Previous Owner | Renon Larry J | $238,000 | |
| Previous Owner | Renon Larry J | $152,800 | |
| Previous Owner | Allen Cruz Llc | $1,338,000 | |
| Previous Owner | Renon Larry J | $124,000 | |
| Previous Owner | Renon Larry J | $117,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2021 04/30/21 | Sold | $535,000 | 0.0% | $302 / Sq Ft |
| 04/23/2021 04/23/21 | Pending | -- | -- | -- |
| 04/18/2021 04/18/21 | Off Market | $535,000 | -- | -- |
| 04/07/2021 04/07/21 | For Sale | $519,900 | +30.0% | $293 / Sq Ft |
| 03/12/2021 03/12/21 | Sold | $400,000 | 0.0% | $225 / Sq Ft |
| 02/25/2021 02/25/21 | Pending | -- | -- | -- |
| 01/08/2021 01/08/21 | Off Market | $400,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $6,279 | $556,614 | $93,636 | $462,978 |
| 2022 | $6,137 | $545,700 | $91,800 | $453,900 |
| 2021 | $825 | $73,368 | $14,065 | $59,303 |
| 2020 | $818 | $72,616 | $13,921 | $58,695 |
| 2019 | $802 | $71,194 | $13,649 | $57,545 |
| 2018 | $786 | $69,799 | $13,383 | $56,416 |
| 2017 | $772 | $68,431 | $13,121 | $55,310 |
| 2016 | $725 | $67,090 | $12,864 | $54,226 |
| 2015 | $713 | $66,084 | $12,672 | $53,412 |
| 2014 | $704 | $64,792 | $12,425 | $52,367 |
Source: Public Records
Agents Affiliated with this Home
-
Leslie Wilson
Seller's Agent in 2021
Leslie Wilson
RE/MAX
(626) 475-4949
1 in this area
166 Total Sales
-
Chris Johnson
Seller's Agent in 2021
Chris Johnson
First Team Real Estate
(951) 676-5736
1 in this area
22 Total Sales
-
Adriana Hesford
Buyer's Agent in 2021
Adriana Hesford
EXCELLENCE EMPIRE REAL ESTATE
(951) 283-5985
1 in this area
28 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV21069779
APN: 235-081-007
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