NOT LISTED FOR SALE

78234 Rainbow Dr Palm Desert, CA 92211

Sun City Palm Desert Neighborhood

Estimated Value: $682,000 - $789,000

3 Beds
3.5 Baths
2,790 Sq Ft
$263/Sq Ft Est. Value

Last Sold August 09, 2018

Last sale price $485,000 $174 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,691/month

35 Days on Market

Highlights

  • Golf Course Community
  • Heated In Ground Pool
  • Gourmet Kitchen
  • Fitness Center
  • Active Adult
  • Gated Community

About This Home

As of August 2018

Entertainer's Delight! This elegant Portofino Model 3 BD/3.5 BA expanded estate home offers many sophisticated upgrades. Welcome guests through an impressive foyer w/ high ceilings, ornate fixtures & lovely patio views. Enjoy formal living & dining, great room w/ fireplace & patio access, luxurious chef's kitchen w/ breakfast nook, granite counters & ample cabinet space. Other features include: expansive master retreat w/ en-suite BA & sitting room & patio access, 2 generous guest BDs w/en suites & powder room. The light & open floor plan offers added appeal w/custom window treatments, tile floors & upscale appliances. Step out to your shady retreat featuring a covered patio w/ fans, garden & sitting area. 2+ golf cart garage, storage & indoor laundry are pluses. Nearby shopping is easily golf-cart accessed. Located only a short distance to the Mountain View Clubhouse. Sun City Palm Desert offers many social events, clubhouse, golf & more in an active & sought-after 55+ gated community

Last Agent to Sell the Property

Brad Schmett Real Estate Group

eXp Realty of California, Inc. License #01275226 Listed on: 05/15/2018

Last Buyer's Agent

Jelmberg Team

Tarbell REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 7,841 Sq Ft Lot
  • Home has sun exposure from multiple directions
  • Block Wall Fence
  • Drip System Landscaping
  • Paved or Partially Paved Lot
  • Sprinklers on Timer
  • Private Yard
  • Lawn
  • Back and Front Yard

HOA Fees

Property Views

  • Mountain
  • Pool

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2,790 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • See Through Fireplace
  • Gas Log Fireplace
  • Custom Window Coverings
  • Double Door Entry
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Convection Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • Walk-In Closet
  • Dressing Area
  • Double Vanity
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Driveway
  • Golf Cart Garage

Pool

  • Heated In Ground Pool
  • In Ground Spa

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 748130063

Community Details

Overview

  • Active Adult
  • Association fees include cable TV, clubhouse, security
  • Sun City Subdivision
  • On-Site Maintenance
  • Community Lake
  • Greenbelt

Amenities

  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Billiard Room
  • Meeting Room
  • Card Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Sport Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

7,841 Sq Ft Lot

HOA Fees

$276 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces South, Front Door Faces West, Leisure Faces East, Leisure Faces North
  • Levels: One
  • Builders Tract Code: Sun City
  • Building Number Of Stories: 1
  • Entry Floor: 1
  • Entry Location: Foyer, Ground Level - No Steps
  • Included In Sale: Refrigerator, washer and dryer.
  • List Price per Sq Ft: 178.85
  • Lp Sp Ratio: 0.9719
  • View Type: Mountain(s), Pool
  • Year Built: 2004
  • Listing I D: 218015354
  • Listing Office Address: 78065 Main St., #205, La Quinta, CA 92253
  • Selling Office Address: 47100 Washington St. Ste 101, La Quinta, CA 92253
  • Selling Office Fax: (760) 771-3063
  • Land Type: Fee
  • Subdivision: Sun City
  • Special Features: None

Interior Features

  • Appliances: Convection Oven, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Dryer Hookup, Microwave Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplace Location: Family Room, Living Room
  • Interior Amenities: Built-In Features, High Ceilings (9 Ft+), Open Floorplan, Recessed Lighting, Storage
  • Fireplace Features: Gas Log, See Through
  • Flooring: Carpet, Tile
  • Bedroom Features: Dressing Area, Master Retreat, Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Double Vanity(s), Shower & Tub, Shower Over Tub, Shower Stall
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Counter/Bar, Breakfast Nook, Formal Dining Room, Kitchen Island
  • Kitchen Features: Gourmet Kitchen, Granite Slab Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 2790.00
  • Windows Treatments: Custom Window Covering

Exterior Features

  • Construction: Stucco
  • Roofing: Tile
  • Fencing: Block
  • Foundation: Slab
  • Patio: Concrete Slab, Covered
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance, Driveway, Golf Cart Garage
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 3.00

Utilities

  • Cooling Type: Air Conditioning, Zoned
  • Heating: Fireplace(s), Forced Air, Zoned
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security, Card/Code Access, Fire Alarm
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Community Features: Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules, Call
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Cable TV, Clubhouse, Security
  • Association Amenities: Banquet Facilities, Billiard Room, Card Room, Clubhouse, Controlled Access, Fitness Center, Golf Course, Greenbelt/Park, Lake or Pond, Maintenance Grounds, Management, Meeting Room, Paddle Tennis, Pet Rules, Picnic Area, Playground, Sport Court, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 246.00
  • HOA Fee 2: 29.99
  • Senior Community: Yes
  • Total Monthly Association Fees: 276.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 748130063
  • Irrigation: Drip System, Sprinkler Timer
  • Lot Acres: 0.1800
  • Lot Description: Back Yard, Curbs, Fenced, Front Yard, Landscaped, Lawn, Street Paved, Yard
  • Lot Size: 7841.00

Rental Info

  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2018
Closed on
Jul 3, 2018
Sold by
Richter Mace Charles
Bought by
Rheuban Steven V and Rheuban Marjorie L
Seller's Agent
Brad Schmett Real Estate Group
eXp Realty of California, Inc.
Buyer's Agent
Jelmberg Team
Tarbell REALTORS
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%
Current Estimated Value
$734,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,068
Avg. Annual Appreciation
5.60%

Purchase Details

Closed on
Sep 18, 2015
Sold by
Richter Morris H
Bought by
Richter Morris H and Richter Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2013
Sold by
Joson Eugene C
Bought by
Joson Eugene C and Joson Darla M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,362
Interest Rate
4.08%
Mortgage Type
VA

Purchase Details

Closed on
Jun 2, 2010
Sold by
Richter Morris H and Richter Mace C
Bought by
Richter Morris H and Richter Family Trust

Purchase Details

Closed on
Mar 9, 2004
Sold by
Del Webb California Corp
Bought by
Richter Morris H and Richter Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,480
Interest Rate
5.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rheuban Steven V $485,000 Orange Coast Title Company
Richter Morris H -- None Available
Richter Morris H -- Chicago Title Company
Richter Morris H -- Chicago Title Company
Joson Eugene C -- Lawyers Title Insurance Corp
Richter Morris H -- Accommodation
Richter Morris H -- Fidelity Natl Title Co Of Ca
Richter Morris H -- Fidelity Natl Title Co Of Ca
Richter Morris H $443,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richter Morris H $315,000
Previous Owner Joson Eugene C $324,362
Previous Owner Richter Morris H $332,480
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2018 08/09/18 Sold $485,000 -2.8% $174 / Sq Ft
06/19/2018 06/19/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $499,000 -- $179 / Sq Ft
Source: California Desert Association of REALTORS®

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 $7,144 $568,361 $83,661 $484,700
2023 $7,144 $546,293 $80,413 $465,880
2022 $6,823 $535,583 $78,837 $456,746
2021 $6,672 $525,083 $77,292 $447,791
2020 $6,549 $519,700 $76,500 $443,200
2019 $6,186 $485,000 $75,000 $410,000
2018 $6,981 $555,215 $141,526 $413,689
2017 $6,858 $544,329 $138,751 $405,578
2016 $6,712 $533,657 $136,031 $397,626
2015 $6,720 $524,417 $133,676 $390,741
2014 $6,609 $514,146 $131,058 $383,088
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Brad Schmett Real Estate Group

    eXp Realty of California, Inc.

  • J

    Buyer's Agent in 2018

    Jelmberg Team

    Tarbell REALTORS

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 218015354

California Desert Association of REALTORS®

APN: 748-130-063

California Riverside County Palm Desert 92211 Sun City Palm Desert

78234 Rainbow Dr, Palm Desert, CA

Not Listed for Sale

Detached

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.