NOT LISTED FOR SALE

7683 Rainbow Ln Penryn, CA 95663

Estimated Value: $1,181,315 - $1,230,000

3 Beds
2 Baths
2,912 Sq Ft
$414/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $1,135,000 $390 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,448/month

4 Days on Market

Highlights

  • Horses Allowed On Property
  • Second Garage
  • Deck
  • Del Oro High School Rated A
  • RV or Boat Parking
  • Wood Burning Stove

About This Home

As of August 2023

Welcome to your country dream home nestled on 2.3 picturesque acres! This upgraded country home offers the perfect balance of tranquility and convenience in a highly sought-after area. Nestled at the end of a private road this 2 story, 2912 sqft home boasts a spacious outdoor deck and two large detached workshops. Experience the serenity of country living while still being within a short drive of urban amenities, shopping & dining options, and renowned schools. As you approach the property, you'll feel a sense of home. The large rock outcroppings and expansive yard offer a wonderful blend of natural elements. Step inside and you'll notice the recent upgrades throughout the home. Granite counters, new flooring, custom paint, and more. The layout is spacious, filled with abundant natural light that streams in through multiple windows, offering views of the surrounding landscape. The heart of the home is the expansive living area, perfect for entertaining. The living room features a cozy wood stove while the adjacent dining/family area offers ample space for gatherings with loved ones. From here, step out to the expansive outdoor deck and you may never go back inside. Don't miss this opportunity to own a slice of paradise!

Last Agent to Sell the Property

Patrick Morgan

Greenside Properties License #01098810 Listed on: 06/29/2023

Last Buyer's Agent

Gigi Gardner Bartridge

Re/Max Gold Fair Oaks License #02105341

Re/Max Gold Fair Oaks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,362

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 2.3 Acre Lot
  • Street terminates at a dead end
  • Private Lot
  • Zoning described as RA-B-100

Parking

  • 4 Car Detached Garage
  • 6 Open Parking Spaces
  • Second Garage
  • Workshop in Garage
  • Garage Door Opener
  • RV or Boat Parking

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,912 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • Laundry Cabinets

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Outbuilding
  • Front Porch

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Irrigated Pasture

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected
  • Private Water Source
  • Well
  • Water Heater
  • Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 032-133-031-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,362

Year Built

Built in 1978 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Subtype Description: Custom,Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Stories: 2
  • Year Built: 1978
  • Levels: Two
  • Remodeled/Updated Desc: Kitchen 0-5YR,Other-Rmks 0-5YR
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Wood Stove
  • Fireplaces: 1
  • Flooring: Carpet, Laminate, Tile
  • Total Bathrooms: 2
  • Bathroom Features: Double Sinks,Granite,Tub w/Shower Over
  • Dining Room Features: Dining/Family Combo,Space in Kitchen
  • Kitchen Features: Breakfast Area,Butlers Pantry,Granite Counter,Slab Counter,Island w/Sink,Kitchen/Family Combo
  • Living Room Features: Cathedral/Vaulted,Great Room,View
  • Lower Level: Living Room,Dining Room,Family Room,Master Bedroom,Full Bath(s),Kitchen
  • Main Level: Living Room,Dining Room,Family Room,Master Bedroom,Full Bath(s),Kitchen
  • Price Per Square Foot: 389.77
  • Square Footage: 2912.00
  • ResoLivingAreaSource: Owner

Exterior Features

  • Other Structures: Second Garage, Storage, Workshop, Outbuilding
  • Construction Materials: Frame, Wood
  • Disclosures/Documents: Seller Property Questionnaire, TDS Available
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: Yes
  • Listing Price: 1100000.00
  • Lot Features: Private, Dead End
  • Patio And Porch Features: Front Porch, Uncovered Deck
  • Pool: No
  • Roof: Composition
  • Spa: No
  • Topography: Snow Line Below,Level,Trees Many,Rock Outcropping

Garage/Parking

  • Open Parking Spaces: 6.00
  • Garage Spaces: 4.00
  • Parking Features: Detached, RV Storage, Garage Door Opener, Uncovered Parking Spaces 2+, Workshop in Garage

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: Septic System
  • Utilities: Cable Connected, Public, Electric, Natural Gas Connected
  • Cooling: Ceiling Fan(s), Central
  • Electric: 220 Volts
  • Heating: Central, Wood Stove
  • Laundry Features: Cabinets, Dryer Included, Washer Included, Inside Room
  • Water Source: Well, Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Senior High School District: Placer Union High

Lot Info

  • Horse Amenities: Irrigated Pasture
  • Zoning Description: RA-B-100
  • Irrigation: Irrigation Connected
  • Lot Size Acres: 2.3000
  • Lot Size Sq Ft: 100188.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Assessor Parcel Number: 032-133-031-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Placer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Jul 5, 2023
Sold by
Albers Revocable Trust
Bought by
Odom Serenity Ann and Odom Meagan
Seller's Agent
Patrick Morgan
Greenside Properties
Buyer's Agent
Gigi Gardner Bartridge
Re/Max Gold Fair Oaks
List Price
$1,100,000
Sold Price
$1,135,000
Premium/Discount to List
$35,000
3.18%
Views
64
Current Estimated Value
$1,205,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,829
Avg. Annual Appreciation
2.82%
Original Mortgage
$785,000
Outstanding Balance
$766,134
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$439,695

Purchase Details

Listed on
Apr 9, 2020
Closed on
May 6, 2020
Sold by
Deome Fred Edward and Deome Lorna Beverley
Bought by
Albers Ronald C and Deome Lorna Beverley
Seller's Agent
Anthony Scarpelli
Better Homes and Gardens RE
Buyer's Agent
Patrick Morgan
Greenside Properties
List Price
$849,900
Sold Price
$840,000
Premium/Discount to List
-$9,900
-1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.80%

Purchase Details

Closed on
Nov 30, 2008
Sold by
Deome Fred E and Deome Lorna B
Bought by
Deome Fred Edward and Deome Lorna Beverley
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
Odom Serenity Ann $1,135,000 Fidelity National Title
Albers Ronald C $840,000 Fidelity Natl Ttl Co Of Ca
Deome Fred Edward -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Odom Serenity Ann $785,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2023 08/01/23 Sold $1,135,000 +3.2% $390 / Sq Ft
07/03/2023 07/03/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $1,100,000 +31.0% $378 / Sq Ft
05/11/2020 05/11/20 Sold $840,000 -1.2% $288 / Sq Ft View Prior Sale
04/18/2020 04/18/20 Pending -- -- --
04/09/2020 04/09/20 For Sale $849,900 -- $292 / Sq Ft
Source: MetroList

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 $12,362 $1,157,700 $326,400 $831,300
2023 $12,362 $882,987 $262,793 $620,194
2022 $9,570 $865,675 $257,641 $608,034
2021 $9,315 $848,702 $252,590 $596,112
2020 $3,816 $331,739 $102,941 $228,798
2019 $3,741 $325,235 $100,923 $224,312
2018 $3,546 $318,859 $98,945 $219,914
2017 $3,478 $312,607 $97,005 $215,602
2016 $3,170 $306,478 $95,103 $211,375
2015 $3,094 $301,875 $93,675 $208,200
2014 $3,047 $295,963 $91,841 $204,122
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223060822

MetroList

APN: 032-133-031