NOT LISTED FOR SALE

78131 Rainbow Dr Palm Desert, CA 92211

Sun City Palm Desert Neighborhood

Estimated Value: $456,178 - $580,000

2 Beds
2 Baths
1,616 Sq Ft
$320/Sq Ft Est. Value

Last Sold May 01, 2014

Last sale price $336,500 $208 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,426/month

32 Days on Market

Highlights

  • Tile Flooring
  • Central Air
  • 2 Car Garage

About This Home

As of May 2014

This home is located at 78131 Rainbow Dr, Palm Desert, CA 92211 since 20 December 2013 and is currently estimated at $517,295, approximately $320 per square foot. This property was built in 1997. 78131 Rainbow Dr is a home located in Riverside County with nearby schools including Ronald Reagan Elementary School, Desert Ridge Academy, and Shadow Hills High School.

Last Agent to Sell the Property

Pamla Abramson

Coldwell Banker Residential Brokerage License #01401066 Listed on: 12/20/2013

Co-Listed By

John Abramson

Coldwell Banker Residential Brokerage License #01401086

Last Buyer's Agent

Pamla Abramson

Coldwell Banker Residential Brokerage License #01401066 Listed on: 12/20/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,028

Year Built

  • Built in 1997

Lot Details

  • 5,663

HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,616 Sq Ft Home
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 5,663 Sq Ft Lot
  • Central Air

Community Details

  • Built by Del Webb
  • Sun City Subdivision, Cayman Floorplan

Listing and Financial Details

  • Assessor Parcel Number 748130052

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,028

Year Built

Built in 1997

Lot Details

0

HOA Fees

$264 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Ground Level, No Unit Above
  • Builder Model Name: Cayman
  • Builder Name: Del Webb
  • Builders Tract Code: Sun City
  • Included In Sale: All appliances.
  • List Price per Sq Ft: 215.97
  • Lp Sp Ratio: 0.9642
  • Year Built: 1997
  • Co Listing Office Address: 45000 Club Drive, Indian Wells, CA 92210
  • Co Listing Office Fax: (760) 771-1114
  • Listing I D: 213008229
  • Listing Office Address: 45000 Club Drive, Indian Wells, CA 92210
  • Listing Office Fax: (760) 771-1114
  • Selling Office Address: 45000 Club Drive, Indian Wells, CA 92210
  • Selling Office Fax: (760) 771-1114
  • Land Type: Fee
  • Subdivision: Sun City
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1616.00

Garage/Parking

  • Garage: Yes
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning

Association/Amenities

  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules

Condo/Co-op/Association

  • Association Amenities: Pet Rules
  • HOA Information: Yes
  • HOA Fee 1: 234.00
  • HOA Fee 2: 30.00
  • Total Monthly Association Fees: 264.00

Lot Info

  • Assessor Parcel Number: 748130052
  • Lot Acres: 0.1300
  • Lot Size: 5663.00

Rental Info

  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2022
Sold by
Sacks James A
Bought by
Sacks Family Trust
Current Estimated Value
$517,295

Purchase Details

Closed on
Mar 2, 2017
Sold by
Sacks Calvin Kenneth and Sacks Marilynn Ann
Bought by
Sacks James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2013
Sold by
Eldred William E and Eldred Carol A
Bought by
Sacks James A and Sacks Calvin Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,182
Interest Rate
4.32%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 22, 2011
Sold by
Eldred William E and Eldred Carol A
Bought by
Eldred William E and Eldred Carol A

Purchase Details

Closed on
Oct 20, 2009
Sold by
Simmons Lorne H and Simmons Linda L
Bought by
Eldred William E and Eldred Carol A

Purchase Details

Closed on
Jan 25, 2008
Sold by
Wheeler Gary L
Bought by
Eldred William E and Eldred Carol A

Purchase Details

Closed on
Oct 3, 2006
Sold by
Wheeler Gary L and Wheeler Barbara K Yoshioka
Bought by
Wheeler Gary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 26, 2003
Sold by
Del Webb California Corp
Bought by
Wheeler Gary L and Wheeler Barbara K Yoshioka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,990
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
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
Sacks Family Trust -- --
Sacks James A -- Fidelity National Title Comp
Sacks James A $336,500 Equity Title Orange County-I
Eldred William E $150,000 Fidelity National Title Co
Eldred William E -- Fidelity National Title Co
Eldred William E $320,000 Fidelity National Title Co
Wheeler Gary L -- Chicago Title Company
Wheeler Gary L $290,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sacks James A $229,000
Previous Owner Sacks James A $243,182
Previous Owner Wheeler Gary L $50,000
Previous Owner Wheeler Gary L $231,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2014 05/01/14 Sold $336,500 -3.6% $208 / Sq Ft
01/21/2014 01/21/14 Pending -- -- --
12/20/2013 12/20/13 For Sale $349,000 -- $216 / Sq Ft
Source: California Desert 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 $5,028 $384,946 $104,011 $280,935
2023 $5,028 $370,000 $99,973 $270,027
2022 $4,792 $362,746 $98,013 $264,733
2021 $4,682 $355,635 $96,092 $259,543
2020 $4,599 $351,989 $95,107 $256,882
2019 $4,515 $345,089 $93,243 $251,846
2018 $4,433 $338,323 $91,415 $246,908
2017 $4,652 $355,422 $88,855 $266,567
2016 $4,562 $348,454 $87,113 $261,341
2015 $4,577 $343,221 $85,805 $257,416
2014 $3,727 $273,422 $81,633 $191,789
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Pamla Abramson

    Coldwell Banker Residential Brokerage

  • J

    Seller Co-Listing Agent in 2014

    John Abramson

    Coldwell Banker Residential Brokerage

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 213008229

California Desert Association of REALTORS®

APN: 748-130-052

California Riverside County Palm Desert 92211 Sun City Palm Desert

78131 Rainbow Dr, Palm Desert, CA

This home is located at 78131 Rainbow Dr, Palm Desert, CA 92211 since 20 December 2013 and is currently estimated at $517,295, approximately $320 per square foot. This property was built in 1997. 78131 Rainbow Dr is a home located in Riverside County with nearby schools including Ronald Reagan Elementary School, Desert Ridge Academy, and Shadow Hills High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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