NOT LISTED FOR SALE

78241 Rainbow Dr Palm Desert, CA 92211

Sun City Palm Desert Neighborhood

Estimated Value: $810,000 - $923,000

2 Beds
2.5 Baths
2,640 Sq Ft
$325/Sq Ft Est. Value

Last Sold May 29, 2018

Last sale price $690,000 $261 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,675/month

133 Days on Market

Highlights

  • On Golf Course
  • Pebble Pool Finish
  • Primary Bedroom Suite
  • Fitness Center
  • Active Adult
  • Gated Community

About This Home

As of May 2018

SPECTACULAR ST. TROPEZ ESTATE ON THE FAIRWAY WITH STUNNING POOL/SPA, FABULOUS PATIO AND VIEWS!! Elegant throughout with designer interior finishes and furnishings! Beautiful curb appeal with courtyard entrance leading to the custom glass double doors!Dramatic foyer with skylights! High ceilings ,crown molding, ceiling fans, shutters! Massive great room with fireplace and media center! The granite wet serving bar with wine cooler will delight your guests! Formal dining area! Chef's granite island kitchen with breakfast bar, upscale cabinets and appliances! Cheerful breakfast nook and built-in desk! The den/office is outstanding with cabinets, counters ready for your computer or just a room in which to relax!The master suite overlooks the patio/pool and has a patio door! The sumptuous master bath has separate tub and shower , glass block accents, double vanity and a huge walk-in closet! The guest suite has a private full bath and is separated from the master for privacy. Convenient powder room! Large utility room with cabinets and sink! 2 car plus golf cart garage with storage! Prefer minimum 4 month seasonal or contact agent for long term rate! Tenant to pay for utilities. No pets.Available June 1 to Nov 1 2022 $5000 per month.

Last Agent to Sell the Property

Beverly Bell Group

HK Lane Real Estate License #00963603 Listed on: 12/05/2017

Last Buyer's Agent

Deborah Cerone

Windermere Real Estate License #00963603

Windermere Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,832

Year Built

  • Built in 2004

Lot Details

  • 8,276 Sq Ft Lot
  • On Golf Course
  • Home has East and West Exposure
  • Misting System
  • Sprinkler System

HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Golf Course
  • Mountain

Home Design

  • Tile Roof

Interior Spaces

  • 2,640 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Wired For Sound
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Shutters
  • Double Door Entry
  • Sliding Doors
  • Great Room with Fireplace
  • Dining Area
  • Den

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Electric Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Linen Closet
  • Walk-In Closet
  • Powder Room
  • Tile Bathroom Countertop
  • Double Vanity
  • Secondary bathroom tub or shower combo
  • Shower Only
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Pebble Pool Finish
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool
  • Saltwater Pool
  • Waterfall Pool Feature

Outdoor Features

  • Built-In Barbecue

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Circulator
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 748130043

Community Details

Overview

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

Amenities

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

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,832

Year Built

Built in 2004

Lot Details

0

HOA Fees

$272 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East, Leisure Faces West
  • Levels: One
  • Builders Tract Code: Sun City
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 265.15
  • Lp Sp Ratio: 0.9857
  • View Type: Golf Course, Mountain(s)
  • Year Built: 2004
  • Listing I D: 217033690
  • Listing Office Address: 677 Arrowhead Drive, Palm Desert, CA 92211
  • Listing Office Fax: (760) 834-7575
  • Selling Office Address: 677 Arrowhead Drive, Palm Desert, CA 92211
  • Selling Office Fax: (760) 834-7575
  • Land Type: Fee
  • Subdivision: Sun City
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Cooktop, Microwave Oven, Self Cleaning Oven, Electric Oven, Electric Range, Exhaust Fan, Washer, Refrigerator, Disposal, Freezer, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Interior Amenities: Crown Molding, Wet Bar, Surround Sound Wired, High Ceilings (9 Ft+)
  • Range Hood: Yes
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 2
  • Bathroom Features: Double Vanity(s), Tile Shower, Tile Counters, Shower Stall, Shower & Tub, Powder Room, Linen Closet
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Kitchen Island, Dining Area
  • Kitchen Features: Granite Counters, Remodeled, Pantry, Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 2640.00
  • Windows Treatments: Shutters

Exterior Features

  • Other Features: Barbeque Private, Misting System
  • Roofing: Tile
  • Built-in BBQ: Gas
  • Patio: Misters
  • Pool: Yes
  • Pool Accessories: Waterfall
  • Pool Construction: In Ground, Pebble
  • Pool Description: Heated, Salt Water
  • Pool Location: Private, Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground, Pebble
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Dual, Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security
  • Sewer: In, Connected and Paid
  • Water Heater Feature: Hot Water Circulator

Association/Amenities

  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Security, Cable TV, Clubhouse
  • Association Amenities: Banquet Facilities, Tennis Courts, Paddle Tennis, Pet Rules, Playground, Picnic Area, Management, Meeting Room, Maintenance Grounds, Lake or Pond, Greenbelt/Park, Fitness Center, Card Room, Clubhouse, Controlled Access, Billiard Room
  • HOA Information: Yes
  • HOA Fee 1: 242.00
  • HOA Fee 2: 29.99
  • Senior Community: Yes
  • Total Monthly Association Fees: 272.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 748130043
  • Irrigation: Sprinkler System
  • Lot Acres: 0.1900
  • Lot Location: On Golf Course
  • Lot Size: 8276.00

Rental Info

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

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2017
Closed on
Apr 24, 2018
Sold by
Young Leroy and Young Patricia J
Bought by
The Brandner Family Lp
Seller's Agent
Beverly Bell Group
HK Lane Real Estate
Buyer's Agent
Deborah Cerone
Windermere Real Estate
List Price
$699,999
Sold Price
$690,000
Premium/Discount to List
-$9,999
-1.43%
Current Estimated Value
$856,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,696
Avg. Annual Appreciation
2.98%

Purchase Details

Listed on
Mar 13, 2013
Closed on
Apr 16, 2013
Sold by
Allen Robert George and Allen Barbara Christy
Bought by
Young Leroy and Young Patricia J
Seller's Agent
Doug Balog
Buyer's Agent
Doug Balog
List Price
$629,000
Sold Price
$625,000
Premium/Discount to List
-$4,000
-0.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.96%

Purchase Details

Closed on
Jan 25, 2010
Sold by
Allen Robert George and Allen Barbara Christy
Bought by
Allen Robert George and Allen Barbara Christy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2007
Sold by
Allen Robert and Allen Barbara
Bought by
Allen Robert George and Allen Barbara Christy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2007
Sold by
Ferro Donna Marie
Bought by
Allen Robert and Allen Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2004
Sold by
Ferro Donna Marie
Bought by
Ferro Donna Marie and Donna Marie Ferro Family Trust Of 2000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
The Brandner Family Lp $690,000 Fidelity National Title Insu
Young Leroy $625,000 Lawyers Title Company
Allen Robert George -- Orange Coast Title
Allen Robert George -- None Available
Allen Robert $765,000 California Title Co
Ferro Donna Marie -- New Century Title Company Ri
Ferro Donna Marie -- New Century Title Company Ri
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allen Robert George $500,000
Previous Owner Allen Robert $500,000
Previous Owner Ferro Donna Marie $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2022 10/03/22 Rented $6,500 0.0% --
09/07/2022 09/07/22 Under Contract -- -- --
10/06/2021 10/06/21 For Rent $6,500 0.0% --
05/29/2018 05/29/18 Sold $690,000 -1.4% $261 / Sq Ft
04/17/2018 04/17/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $699,999 +1.4% $265 / Sq Ft
02/16/2018 02/16/18 Off Market $690,000 -- --
12/05/2017 12/05/17 For Sale $699,999 +12.0% $265 / Sq Ft
04/26/2013 04/26/13 Sold $625,000 -0.6% $237 / Sq Ft View Prior Sale
04/24/2013 04/24/13 Pending -- -- --
03/28/2013 03/28/13 For Sale $629,000 0.0% $238 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
03/13/2013 03/13/13 For Sale $629,000 -- $238 / 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 $9,832 $785,097 $274,783 $510,314
2023 $9,832 $754,613 $264,114 $490,499
2022 $9,410 $739,818 $258,936 $480,882
2021 $9,209 $725,312 $253,859 $471,453
2020 $9,038 $717,875 $251,256 $466,619
2019 $8,868 $703,800 $246,330 $457,470
2018 $8,537 $676,403 $236,740 $439,663
2017 $8,384 $663,142 $232,099 $431,043
2016 $8,202 $650,141 $227,549 $422,592
2015 $8,232 $640,378 $224,132 $416,246
2014 $8,097 $627,837 $219,743 $408,094
Source: Public Records

Agents Affiliated with this Home

  • Linda Langman

    Seller's Agent in 2022

    Linda Langman

    Bennion Deville Homes

    (760) 831-7180

    6 in this area

    130 Total Sales

    Linda Langman
    Section Image

  • B

    Seller's Agent in 2018

    Beverly Bell Group

    HK Lane Real Estate

  • D

    Buyer's Agent in 2018

    Deborah Cerone

    Windermere Real Estate

    Section Image

  • D

    Seller's Agent in 2013

    Doug Balog

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 217033690

California Desert Association of REALTORS®

APN: 748-130-043

California Riverside County Palm Desert 92211 Sun City Palm Desert

78241 Rainbow Dr, Palm Desert, CA

This home is located at 78241 Rainbow Dr, Palm Desert, CA 92211 since 05 December 2017 and is currently estimated at $856,696, approximately $324 per square foot. This property was built in 2004. 78241 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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