NOT LISTED FOR SALE

8670 Rainbow Ave Kings Beach, CA 96143

Estimated Value: $949,000 - $1,096,670

0.22 Acre
$4,825,200 Price per Acre
9,365 Sq Ft Lot

Last Sold December 14, 2018

Last sale price $220,000

Est. 372% increase in value since last sale

Current estimated payment $6,429/month

13 Days on Market

Highlights

  • View of Trees or Woods
  • Level Lot
  • 4-minute walk to Lake Tahoe
  • Kings Beach Elementary School Rated A-

About This Lot

As of December 2018

3 level lots with 24% allowable base coverage. Kings Beach has plans for major redevelopment. The IPES score is 837 (per TRPA website) The lot is 75 x 125 and is a very level lot. close to the heart of Kings Beach! Conservancy lot to the right for extra privacy

Last Agent to Sell the Property

Lana Nelson

Coldwell Banker Select Real Es License #01140362 Listed on: 11/04/2018

Last Buyer's Agent

Michael Montalbano

Tahoe Mountain Realty License #01976855

Property Details

Property Type

  • Land

Lot Details

  • Lot Dimensions are 75 x 125
  • Level Lot

Property Views

  • Views of Woods

Utilities

  • Gas Available
  • Utility District

Community Details

  • North Laketahoe Community

Property Details

Property Type

Land

Listing Details

  • Estimated Lot Size: 0-.255
  • Community: North LakeTahoe
  • Directions: take Fox from SR28, turn left on Rainbow. Lots on left. Conservancy lot to the right of lots
  • Service Type: Full Service
  • Setting: STREET
  • Sub-Area: 1SO
  • Sub-Status: Standard
  • Topography: Level
  • Zoning: residential
  • Access Roads: Paved
  • Access Type: Public
  • Corners: None
  • Coverage: 24
  • Cross Street: Fox
  • Sewer: Utility District
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Electric: Available
  • Gas: Available
  • Water: Utility District

Exterior Features

  • View: Wooded
  • Fenced: No

Lot Info

  • Lot Number: 17,18,19
  • Lot Dimensions: 75 x 125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2022
Sold by
Chaffin 2000 Trust
Bought by
Durbin Charles G and Guerrero Silvia M
Current Estimated Value
$1,037,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$235,538
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$801,880

Purchase Details

Listed on
Nov 4, 2018
Closed on
Dec 12, 2018
Sold by
Nelson John A and Nelson Lana Lea
Bought by
Durbin Charles Gregory and Chaffin Joel Steven
Seller's Agent
Lana Nelson
Coldwell Banker Select Real Es
Buyer's Agent
Michael Montalbano
Tahoe Mountain Realty
List Price
$235,000
Sold Price
$220,000
Premium/Discount to List
-$15,000
-6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.74%

Purchase Details

Closed on
Sep 29, 2006
Sold by
Nelson Chad T
Bought by
Nelson Chad T

Purchase Details

Closed on
Jul 7, 2006
Sold by
Nelson John A and Nelson Lana L
Bought by
Nelson John A and Nelson Lana Lea
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Durbin Charles G -- Placer Title
Durbin Charles Gregory $220,000 Fidelity National Title Co
Nelson Chad T -- None Available
Nelson John A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Durbin Charles G $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2018 12/14/18 Sold $220,000 -6.4% --
11/17/2018 11/17/18 Pending -- -- --
11/04/2018 11/04/18 For Sale $235,000 -- --
Source: Tahoe Sierra Board 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 $11,662 $1,020,093 $245,412 $774,681
2023 $11,662 $980,483 $235,883 $744,600
2022 $11,311 $961,258 $231,258 $730,000
2021 $5,120 $426,724 $226,724 $200,000
2020 $2,562 $224,400 $224,400 $0
2019 $2,589 $220,000 $220,000 $0
2018 $1,355 $110,351 $110,351 $0
2017 $1,332 $108,188 $108,188 $0
2016 $1,320 $106,067 $106,067 $0
2015 $1,296 $104,474 $104,474 $0
2014 $1,262 $102,428 $102,428 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lana Nelson

    Coldwell Banker Select Real Es

  • Michael Montalbano

    Buyer's Agent in 2018

    Michael Montalbano

    Tahoe Mountain Realty

    (201) 788-5940

    32 Total Sales

    Michael Montalbano
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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20182977

Tahoe Sierra Board of REALTORS®

APN: 090-124-033

California Placer County Kings Beach 96143

8670 Rainbow Ave, Kings Beach, CA

Not Listed for Sale

Lots

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