NOT LISTED FOR SALE

8751 Rainbow Ave Kings Beach, CA 96143

Estimated Value: $523,000 - $681,000

4 Beds
1 Bath
1,080 Sq Ft
$558/Sq Ft Est. Value

Sale Details

Date Sold: June 14, 2016

Last sale price $335,000 $310 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,641 / mo

11 Days on Market

Highlights

  • View of Trees or Woods
  • Furnished
  • Level Lot
  • Kings Beach Elementary School Rated A-
  • Cul-De-Sac
  • Carpet

About This Home

As of June 2016

Looking for your classic Tahoe Cabin that is walking distance to the beach,shopping, restaurants & park, you've found it. Located on a quiet "dead-end" street, this nearly 1/4 acre fenced lot is surrounded by beautiful homes and tall trees. The home could use some TLC and is being sold "as-is", ready for your personal touches. Store you toys and tools in the large shed. Newer roof, deck and updated large bathroom.

Last Agent to Sell the Property

Carol Fromson

Coldwell Banker Realty License #00845047 Listed on: 05/09/2016

Coldwell Banker Realty

Last Buyer's Agent

Linda Granger

Christie's Int'l R.E. Sereno License #01048013

Christie's Int'l R.E. Sereno

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 9,278 Sq Ft Lot
  • Lot Dimensions are 75x125
  • Cul-De-Sac
  • Level Lot

Parking

  • No Garage

Home Design

  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 1,080 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Views of Woods

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Utility District

Community Details

  • North Laketahoe Community

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

9,278 Sq Ft Lot

Listing Details

  • Age: 50+ Years
  • Estimated Lot Size: 0 - .255
  • Community: North LakeTahoe
  • Number of Acres: 0.213
  • Service Type: Full Service
  • Setting: Street
  • SPCDISC: Fixer Upper
  • Sub-Area: 1SO
  • Sub-Status: Standard
  • Topography: Level, Cul-de-sac
  • Year Built: 1955
  • Cross Street: Fox
  • Sewer: Utility District
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Old Tahoe
  • Out Buildings: Yes, See Remarks
  • Property Condition: Fixer
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Natural Gas, Wood, Floor Furnance
  • Estimated Sq Ft: 1080
  • Stories: Two
  • Water Company: PUD
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Microwave, Refrigerator, Washer, Dryer
  • Furnished: Mostly
  • Bathrooms: 1
  • Bedrooms: 4
  • Floor Coverings: Carpet, Vinyl

Exterior Features

  • View: Wooded
  • Construction Exterior: Framed
  • Roof: Composition
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: None

Utilities

  • Laundry: Hall

Lot Info

  • Lot Number: 56-58
  • Lot Dimensions: 75x125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2016
Closed on
Jun 28, 2016
Sold by
Morgan Worth G and Morgan Mary E
Bought by
Bermudez Vera Maria G
Seller's Agent
Carol Fromson
Coldwell Banker Realty
Buyer's Agent
Linda Granger
Christie's Int'l R.E. Sereno
List Price
$339,000
Sold Price
$335,000
Premium/Discount to List
-$4,000
-1.18%
Current Estimated Value
$602,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,679
Avg. Annual Appreciation
6.12%
Original Mortgage
$323,819
Outstanding Balance
$259,913
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$342,766

Purchase Details

Closed on
Aug 20, 2004
Sold by
Jolley Richard K and Jolley Susan M
Bought by
Jolley Richard Kay and Jolley Susan Morgan

Purchase Details

Closed on
Jan 16, 2003
Sold by
Morgan Worth G
Bought by
Morgan Worth G and Morgan Worth G

Purchase Details

Closed on
Aug 19, 1996
Sold by
Morgan Worth G and Morgan Worth G
Bought by
Morgan Worth G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,800
Interest Rate
7.85%
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
Bermudez Vera Maria G $335,000 First American Title Company
Jolley Richard Kay -- --
Morgan Worth G -- --
Morgan Worth G -- Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bermudez Vera Maria G $323,819
Previous Owner Morgan Worth G $72,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2016 06/14/16 Sold $335,000 -1.2% $310 / Sq Ft
05/20/2016 05/20/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $339,000 -- $314 / 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 $5,620 $388,790 $174,085 $214,705
2023 $5,620 $373,695 $167,326 $206,369
2022 $4,803 $366,369 $164,046 $202,323
2021 $4,636 $359,186 $160,830 $198,356
2020 $4,630 $355,504 $159,181 $196,323
2019 $4,665 $348,534 $156,060 $192,474
2018 $4,234 $341,700 $153,000 $188,700
2017 $4,153 $335,000 $150,000 $185,000
2016 $3,258 $245,482 $86,270 $159,212
2015 $3,193 $241,796 $84,975 $156,821
2014 $3,106 $237,061 $83,311 $153,750
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Carol Fromson

    Coldwell Banker Realty

    Section Image
  • Linda Granger

    Buyer's Agent in 2016

    Linda Granger

    Christie's Int'l R.E. Sereno

    (530) 624-0008

    12 in this area

    266 Total Sales

    Linda Granger
    Section Image
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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20161274

Tahoe Sierra Board of REALTORS®

APN: 090-174-055

California Placer County Kings Beach 96143

8751 Rainbow Ave, Kings Beach, CA

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