7042 Rainbow Ct Riverside, CA 92506
Estimated payment $3,637/month
Total Views
293
3
Beds
2
Baths
2,034
Sq Ft
$312
Price per Sq Ft
Highlights
- Updated Kitchen
- Main Floor Bedroom
- Quartz Countertops
- Open Floorplan
- Bonus Room
- No HOA
About This Home
This charming single-story home sits on a quiet cul-de-sac and offers 3 bedrooms, 2 baths, and over 2,000 sq. ft. of living space. The floor plan includes both a living and family room, a cozy fireplace, and a remodeled kitchen with breakfast bar, double ovens, and gas cooktop. Recent updates include a remodeled kitchen and bathrooms, newer windows, PEX plumbing, HVAC system, roof, water heater, rain gutters, and interior finishes. A spacious bonus room adds flexibility and could potentially be converted into an ADU. The backyard features a covered patio, mature landscaping, and room to entertain, along with a 2-car carport and storage shed. Conveniently located near the 91 freeway, Riverside Plaza, downtown, RCC, CBU, and Metrolink.
Listing Agent
Realty One Group West Brokerage Phone: 949-923-0930 License #01850849 Listed on: 08/20/2025
Co-Listing Agent
Realty One Group West Brokerage Phone: 949-923-0930 License #02064167
Open House Schedule
-
Sunday, August 24, 20251:00 to 4:00 pm8/24/2025 1:00:00 PM +00:008/24/2025 4:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,126
Year Built
- Built in 1959 | Remodeled
Lot Details
- 6,534 Sq Ft Lot
- Wood Fence
- Block Wall Fence
- Front and Back Yard Sprinklers
Home Design
- Patio Home
- Slab Foundation
- Shingle Roof
- Stucco
Interior Spaces
- 2,034 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Blinds
- Family Room
- Living Room
- Dining Room with Fireplace
- Bonus Room
- Tile Flooring
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Oven
- Six Burner Stove
- Gas Range
- Range Hood
- Microwave
- Dishwasher
- Quartz Countertops
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Upgraded Bathroom
- Bathroom on Main Level
- 2 Full Bathrooms
- Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 2 Parking Spaces
- 2 Carport Spaces
- Parking Available
- Driveway
Outdoor Features
- Covered Patio or Porch
- Exterior Lighting
- Outdoor Storage
- Rain Gutters
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Gas Water Heater
- Satellite Dish
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 14
- Tax Tract Number 312
- Assessor Parcel Number 235081014
- $66 per year additional tax assessments
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,126 | $192,011 | $47,016 | $144,995 |
| 2023 | $2,126 | $184,557 | $45,192 | $139,365 |
| 2022 | $2,079 | $180,939 | $44,306 | $136,633 |
| 2021 | $2,063 | $177,392 | $43,438 | $133,954 |
| 2020 | $2,048 | $175,574 | $42,993 | $132,581 |
| 2019 | $2,010 | $172,132 | $42,150 | $129,982 |
| 2018 | $1,972 | $168,758 | $41,324 | $127,434 |
| 2017 | $1,938 | $165,450 | $40,514 | $124,936 |
| 2016 | $1,816 | $162,207 | $39,720 | $122,487 |
| 2015 | $1,790 | $159,773 | $39,124 | $120,649 |
| 2014 | $1,773 | $156,645 | $38,358 | $118,287 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | For Sale | $635,000 | -- | $312 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | American Coast Title | |
| Corporate Deed | $122,500 | Chicago Title Insurance Co | |
| Trustee Deed | $78,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $369,250 | New Conventional | |
| Closed | $293,000 | New Conventional | |
| Closed | $297,000 | New Conventional | |
| Closed | $307,500 | Negative Amortization | |
| Closed | $250,000 | Fannie Mae Freddie Mac | |
| Closed | $210,000 | Unknown | |
| Closed | $147,000 | Unknown | |
| Closed | $120,645 | FHA | |
| Closed | $121,498 | FHA |
Source: Public Records
Similar Homes in Riverside, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25187519
APN: 235-081-014
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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
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