NOT LISTED FOR SALE

8692 Rainbow Ave Kings Beach, CA 96143

Estimated Value: $912,000 - $1,111,000

3 Beds
2 Baths
1,475 Sq Ft
$656/Sq Ft Est. Value

Last Sold May 30, 2023

Last sale price $899,000 $609 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,032/month

16 Days on Market

Highlights

  • Wood Flooring
  • Mountain Architecture
  • 1 Car Attached Garage
  • Kings Beach Elementary School Rated A-
  • Furnished
  • Multiple Outdoor Decks

About This Home

As of May 2023

This home has it all…Quality, Comfort, & Convenience. Features chiseled granite countertops, knotty alder doors & trim, hardwood floors, tile floors and tile surrounds in showers, jetted tub in master bath, Low E energy efficient windows, hand oiled bronze plumbing and lighting fixtures. All SS appliances replaced 1+- year ago. Located just 3 blocks from sandy beaches, restaurants & shops. Offered fully furnished. A Best Buy ready to enjoy.

Last Agent to Sell the Property

Bill Leeder

Chase International - TC License #00789091 Listed on: 04/21/2023

Chase International - TC

Last Buyer's Agent

0 NON-MEMBER

NON Member

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 0.72

Home Design

  • Mountain Architecture

Interior Spaces

  • 1,475 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Laundry in Hall

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener

Additional Features

  • Multiple Outdoor Decks
  • Level Lot

Community Details

  • North Laketahoe Community

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Age: 15-20 Years
  • Estimated Lot Size: 0 - .255
  • Community: North LakeTahoe
  • Directions: North Lake Blvd to Fox St. L on Rainbow Ave. Home on Left.
  • Service Type: Full Service
  • Setting: Street
  • Sub-Area: 1SO
  • Sub-Status: Standard
  • Topography: Level
  • Year Built: 2007
  • Cross Street: Fox St
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Mountain
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Estimated Sq Ft: 1475
  • Stories: Two
  • Water Company: NTPUD
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher
  • Furnished: Mostly
  • Bathrooms: 2
  • Bedrooms: 3
  • Floor Coverings: Carpet, Wood, Tile

Exterior Features

  • Construction Exterior: Framed
  • Decks: 3 or more
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: One
  • Garage/Parking: Attached, Insulated, Gar Door Opener

Utilities

  • Laundry: Hall

Lot Info

  • Lot Number: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2024
Sold by
Franco Laura and Franco Joseph Donald
Bought by
Franco Living Trust and Franco
Current Estimated Value
$967,144

Purchase Details

Listed on
Apr 21, 2023
Closed on
May 24, 2023
Sold by
B W Hoyt And Ruth A Hoyt Revocable Trust
Bought by
Franco Laura and Franco Joseph Donald
Seller's Agent
Bill Leeder
Chase International - TC
Buyer's Agent
0 NON-MEMBER
NON Member
List Price
$899,000
Sold Price
$899,000
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.78%
Original Mortgage
$579,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2019
Sold by
Hoyt B W B and Hoyt Ruth A
Bought by
Hoyt B W B and Hoyt Ruth A

Purchase Details

Closed on
Aug 1, 2008
Sold by
Bitz Spencer and Bitz Spencer
Bought by
Hoyt Brian W and Hoyt Ruth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2006
Sold by
Bitz Dewees L
Bought by
Bitz Spencer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,200
Interest Rate
7.62%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 24, 2005
Sold by
Joplin Lee
Bought by
Bitz Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.64%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 26, 2004
Sold by
Mcphail Philip and Johnson William M
Bought by
Joplin Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.29%
Mortgage Type
Seller Take Back
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
Franco Living Trust -- None Listed On Document
Franco Laura $899,000 First American Title
Hoyt B W B -- None Available
Hoyt B W B -- None Available
Hoyt Brian W $460,000 Multiple
Bitz Spencer -- None Available
Bitz Spencer -- None Available
Bitz Construction Inc $100,000 Placer Title
Joplin Lee $95,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Franco Laura $579,000
Previous Owner Hoyt Brian W $230,000
Previous Owner Bitz Spencer $419,200
Previous Owner Bitz Construction Inc $40,000
Previous Owner Joplin Lee $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2023 05/30/23 Sold $899,000 0.0% $609 / Sq Ft
05/07/2023 05/07/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $899,000 -- $609 / Sq Ft
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 $10,785 $935,319 $260,100 $675,219
2023 $10,785 $569,354 $210,411 $358,943
2022 $6,730 $558,191 $206,286 $351,905
2021 $6,481 $547,247 $202,242 $345,005
2020 $6,479 $541,637 $200,169 $341,468
2019 $6,027 $478,000 $176,700 $301,300
2018 $5,576 $469,000 $173,300 $295,700
2017 $5,570 $469,000 $173,300 $295,700
2016 $5,484 $458,000 $169,300 $288,700
2015 $5,835 $492,878 $182,151 $310,727
2014 $3,824 $315,000 $115,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20230388

Tahoe Sierra Board of REALTORS®

APN: 090-124-036