NOT LISTED FOR SALE

8683 Rainbow Ave Kings Beach, CA 96143

Estimated Value: $623,000 - $827,000

2 Beds
2 Baths
804 Sq Ft
$880/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $725,000 $902 Per Sq Ft

Current estimated payment $4,617/month

4 Days on Market

About This Home

As of November 2023

This home is located at 8683 Rainbow Ave, Kings Beach, CA 96143 since 23 October 2023 and is currently estimated at $707,490, approximately $879 per square foot. This property was built in 1956. 8683 Rainbow Ave is a home located in Placer County with nearby schools including Kings Beach Elementary School, North Tahoe School, and North Tahoe High School.

Last Agent to Sell the Property

Linda Granger

Christie's Int'l R.E. Sereno License #01048013 Listed on: 10/23/2023

Christie's Int'l R.E. Sereno

Last Buyer's Agent

Clayton Humphries

Compass License #01952558

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 6,273

Parking

  • No Garage

Interior Spaces

  • 804 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Community Details

  • North Laketahoe Community

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Age: 50+ Years
  • Estimated Lot Size: 0 - .255
  • Community: North LakeTahoe
  • Service Type: Full Service
  • Setting: Street
  • Sub-Area: 1SO
  • Sub-Status: Standard
  • Year Built: 1956
  • Estimated Sq Ft: APPRAISER
  • Architecture: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Estimated Sq Ft: 804
  • Stories: One
  • Water Company: NTPUD
  • Furnished: None
  • Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Construction Phase: FINISHED

Garage/Parking

  • Garage: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2025
Sold by
Otawkar Pallavi Vithal and Saxena Amit Kumar
Bought by
8689 Rainbow Llc
Current Estimated Value
$722,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,500
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 23, 2023
Closed on
Nov 14, 2023
Sold by
Kingsley Reed B and Kingsley Kassia
Bought by
8689 Rainbow Llc
Seller's Agent
Linda Granger
Christie's Int'l R.E. Sereno
Buyer's Agent
Clayton Humphries
Compass
List Price
$725,000
Sold Price
$725,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.11%

Purchase Details

Listed on
Aug 30, 2020
Closed on
Apr 14, 2021
Sold by
Zikas Thomas and Zikas Marie Sandra
Bought by
Kingsley Reed B and Kingsley Kassia
Seller's Agent
Alex Min
Sierra Sotheby's Int Realty TC
Buyer's Agent
Linda Granger
Christie's Int'l R.E. Sereno
List Price
$575,000
Sold Price
$560,000
Premium/Discount to List
-$15,000
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.48%
Original Mortgage
$364,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2020
Sold by
Zikas Thomas and Zikas Sandra
Bought by
Zikas Thomas and Zikas Sandra

Purchase Details

Closed on
Sep 27, 2004
Sold by
Arnett Kenneth R
Bought by
Zikas Thomas and Zikas Marie Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,600
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2000
Sold by
Graeber Anthony E
Bought by
Arnett Kenneth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,200
Interest Rate
7.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2000
Sold by
Graeber Heidi
Bought by
Graeber Anthony E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,200
Interest Rate
7.96%
Mortgage Type
Purchase Money Mortgage
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
8689 Rainbow Llc -- Atlas Title
Otawkar Pallavi Vithal -- Atlas Title
8689 Rainbow Llc $725,000 First American Title
Kingsley Reed B $560,000 Placer Title Company
Zikas Thomas -- None Available
Zikas Thomas $339,500 Fidelity Title
Arnett Kenneth R -- North American Title Co
Graeber Anthony E -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Otawkar Pallavi Vithal $507,500
Previous Owner Kingsley Reed B $364,000
Previous Owner Zikas Thomas $271,600
Previous Owner Arnett Kenneth R $119,200
Previous Owner Graeber Anthony E $93,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2023 11/17/23 Sold $725,000 0.0% $902 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
10/23/2023 10/23/23 For Sale $725,000 +29.5% $902 / Sq Ft
04/15/2021 04/15/21 Sold $560,000 -2.6% -- View Prior Sale
01/16/2021 01/16/21 Pending -- -- --
01/03/2021 01/03/21 For Sale $575,000 0.0% --
12/11/2020 12/11/20 Pending -- -- --
10/30/2020 10/30/20 Price Changed $575,000 -8.0% --
08/30/2020 08/30/20 For Sale $625,000 -- --
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 $9,377 $739,500 $255,000 $484,500
2023 $9,377 $582,624 $234,090 $348,534
2022 $7,494 $571,200 $229,500 $341,700
2021 $4,058 $260,000 $95,700 $164,300
2020 $3,949 $248,000 $91,300 $156,700
2019 $4,080 $253,000 $93,200 $159,800
2018 $3,369 $248,000 $91,300 $156,700
2017 $3,358 $248,000 $91,300 $156,700
2016 $3,304 $242,000 $89,100 $152,900
2015 $4,956 $393,748 $144,973 $248,775
2014 $2,452 $170,000 $60,000 $110,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20232117

Tahoe Sierra Board of REALTORS®

APN: 090-116-054