NOT LISTED FOR SALE

8772 Rainbow Ave Kings Beach, CA 96143

Estimated Value: $863,000 - $1,140,000

3 Beds
2.5 Baths
1,977 Sq Ft
$508/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $950,000 $481 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,863/month

29 Days on Market

Highlights

  • View of Trees or Woods
  • Deck
  • Mountain Architecture
  • Kings Beach Elementary School Rated A-
  • Living Room with Fireplace
  • Furnished

About This Home

As of June 2024

This is your opportunity to own a stunning residence in the prestigious Kings Beach. Constructed in 2009, this home has had only one owner who has taken exceptional care of it. The owner's meticulous attention to detail is evident throughout the property, showcasing the pride and quality craftsmanship that went into its creation. No expense was spared in the construction of this custom-built house, with exquisite wood doors and baseboards adding a touch of elegance. The house comes fully furnished, boasting comfortable couches, elegant tables, cozy beds, and modern appliances, making it ready for immediate occupancy or rental. The kitchen has been upgraded with new flooring, enhancing its appeal. The main floor features a primary bedroom, along with a well-appointed kitchen and a spacious living room. The primary bedroom offers the luxury of two walk-in closets and a breathtaking view facing north. The open floorplan creates a seamless flow throughout the house, while the gorgeous deck provides a picturesque setting to enjoy the expansive backyard and the beauty of mature trees. Even though its close proximity to downtown, this residence offers a peaceful retreat away from the hustle and bustle, allowing you to savor tranquil moments at home. Situated at the end of a small cul de sac, the neighborhood traffic is minimal, ensuring a serene living environment. This exceptional property is conveniently located near skiing destinations, such as Northstar, as well as golf courses and the beach, offering an array of recreational opportunities. Embrace the vibrant Lake Tahoe community with its abundant amenities and natural beauty.

Last Agent to Sell the Property

James Hider

Jatcom Corporation License #01039681 Listed on: 04/29/2024

Last Buyer's Agent

James Dozier

Real Broker, LLC License #02050178

Real Broker, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • 6,273

Home Design

  • Mountain Architecture
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,977 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Living Room with Fireplace
  • Views of Woods
  • Alarm System

Kitchen

  • Oven
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Additional Features

  • Deck
  • Lot Sloped Down
  • Utility District

Community Details

  • North Laketahoe Community

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Age: 10-15 Years
  • Alarm YN: Y
  • Estimated Lot Size: 0 - .255
  • Community: North LakeTahoe
  • Directions: From N Lake Blvd roundabout in Kings Beach, go North on Raccoon St, right (East) on Rainbow Ave
  • Optional Financing: Cash To New Loan
  • Service Type: Full Service
  • Setting: Street
  • Sub-Area: 1SO
  • Sub-Status: Standard
  • Topography: Downslope
  • Year Built: 2009
  • Sewer: Utility District
  • Architecture: Mountain
  • Gated: No
  • Property Condition: Used
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Handicap Friendly: Kitchen Design, Primary on Main Level
  • Estimated Sq Ft: 1977
  • Stories: Two
  • Water Company: NorthTahoe
  • Gas: Natural
  • Water: Utility District
  • Appliances: Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace: Living Room
  • Furnished: Mostly
  • Bedrooms: 3
  • Floor Coverings: Carpet, Mixed, Tile, Vinyl
  • Main Floor Half Bathrooms: 1

Exterior Features

  • View: Wooded
  • Construction Exterior: Wooded
  • Foundation: Perim Concrete
  • Roof: Composition
  • Decks: 1
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Two
  • Garage/Parking: Attached, Gar Door Opener

Utilities

  • Laundry: Hall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Jun 10, 2024
Sold by
Rea Richard
Bought by
Balakrishnan Arun and Lee Miseon
Seller's Agent
James Hider
Jatcom Corporation
Buyer's Agent
James Dozier
Real Broker, LLC
List Price
$1,099,999
Sold Price
$950,000
Premium/Discount to List
-$149,999
-13.64%
Views
14
Current Estimated Value
$1,003,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,680
Avg. Annual Appreciation
3.50%
Original Mortgage
$807,500
Outstanding Balance
$796,401
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$207,279

Purchase Details

Closed on
Sep 22, 2010
Sold by
Roth John
Bought by
Rea Richard

Purchase Details

Closed on
Mar 19, 2010
Sold by
Roth Michael H and Roth Kristin M
Bought by
Roth John

Purchase Details

Closed on
Jun 9, 2006
Sold by
Dani Properties Llc
Bought by
Roth Michael and Roth Kristin

Purchase Details

Closed on
Apr 5, 2006
Sold by
Veronica Llc
Bought by
Veronica Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Balakrishnan Arun $950,000 Orange Coast Title
Rea Richard $408,000 Fidelity National Title Co
Roth John -- None Available
Roth Michael $250,000 Fidelity Natl Title Co Of Ca
Veronica Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balakrishnan Arun $807,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2024 06/24/24 Sold $950,000 -5.0% $481 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
05/23/2024 05/23/24 Price Changed $999,900 -9.1% $506 / Sq Ft
04/29/2024 04/29/24 For Sale $1,099,999 -- $556 / 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 $6,443 $969,000 $255,000 $714,000
2023 $6,443 $502,414 $246,281 $256,133
2022 $6,168 $492,563 $241,452 $251,111
2021 $5,947 $482,906 $236,718 $246,188
2020 $5,944 $477,955 $234,291 $243,664
2019 $5,993 $468,585 $229,698 $238,887
2018 $5,529 $459,398 $225,195 $234,203
2017 $5,423 $450,391 $220,780 $229,611
2016 $5,359 $441,560 $216,451 $225,109
2015 $5,251 $434,928 $213,200 $221,728
2014 $5,102 $426,409 $209,024 $217,385
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20240579

Tahoe Sierra Board of REALTORS®

APN: 090-181-093