NOT LISTED FOR SALE

8820 Rainbow Ave Kings Beach, CA 96143

Estimated Value: $455,000 - $740,000

2 Beds
2 Baths
948 Sq Ft
$642/Sq Ft Est. Value

Last Sold November 21, 2018

Last sale price $360,000 $380 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,755/month

95 Days on Market

Highlights

  • View of Trees or Woods
  • Deck
  • Mountain Architecture
  • Kings Beach Elementary School Rated A-
  • Adjacent to Greenbelt
  • Combination Kitchen and Living

About This Home

As of November 2018

Perched at the end Rainbow Street is your pot of gold in Kings Beach. Make your home in this quiet neighborhood 4 blocks from the beach. Supremely livable and flexible, 8820 Rainbow has unique upgrades. The custom chef’s kitchen boasts Silestone countertops and full backsplash, stainless steel appliances, Rosle rail system and custom pot racks, Kraftmaid solid wood cabinets, oversized double sink with new faucet, and dog door to the yard. The large front room with full bath and kitchenette can be locked off as a studio with a separate entrance. The original cabin feel is mixed with modern systems: radiant in-floor heat and Munchkin boiler, 2015 roof, original solid wood paneling inside and out, double-pane windows, and covered entry. Outside, the yard is fully fenced all the way around, there is premium artificial turf in the front yard, mature trees, a fun boulder, covered slate back patio, deck, garden beds, storage sheds, paved parking, and bear box. Call us to see it today!

Last Agent to Sell the Property

Bruce Soli

Engel & Volkers License #S. 63581 Listed on: 07/18/2018

Engel & Volkers

Last Buyer's Agent

Non Member

Nevada Licensee License #111

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,849

Year Built

  • Built in 1947

Lot Details

  • 4,356 Sq Ft Lot
  • Adjacent to Greenbelt
  • Dog Run
  • Fenced
  • Landscaped
  • Sloped Lot

Parking

  • No Garage

Property Views

  • Woods
  • Mountain
  • Park or Greenbelt

Home Design

  • Mountain Architecture
  • Frame Construction
  • Pitched Roof
  • Composition Roof

Interior Spaces

  • 948 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Window Treatments
  • Combination Kitchen and Living
  • Laminate Flooring

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 090-181-069-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,849

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Park/Greenbelt
  • Lot Size Acres: 0.1
  • Architectural Style: Mountain
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 1947
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Single Family
  • Appliances: Dryer, Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate
  • Interior Amenities: Bookcases, Kitchen/Family Room Combo, Main Level Master, Window Treatments
  • Living Area: 948.0
  • Main Level Bedrooms: 2
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Backs to Greenbelt/Park
  • Topography: Sloping
  • View: Mountain(s), Trees/Woods
  • View: Yes
  • Home Warranty: No
  • Construction Type: Frame
  • Exterior Features: Deck, Dog Run, Fence, Landscaping, Patio
  • Patio And Porch Features: Covered, Deck, Patio
  • Roof: Composition, Pitched

Garage/Parking

  • Parking Features: No Garage, Parking Space(s)

Utilities

  • Laundry Features: In Kitchen, Main Level
  • Heating: Gas, Hot Water
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Development Status: Resale/Previously Owned
  • Parcel #: 090-181-069-000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3849.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2021
Sold by
Lowe John A and Lowe Ellen M
Bought by
Lowe John and Lowe Ellen
Current Estimated Value
$608,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Outstanding Balance
$297,293
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$309,303

Purchase Details

Listed on
Jul 18, 2018
Closed on
Nov 19, 2018
Sold by
Donaldson Cindy M
Bought by
Lowe John A
Seller's Agent
Bruce Soli
Engel & Volkers
Buyer's Agent
Non Member
Nevada Licensee
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$324,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2008
Sold by
Mctammany Cindy
Bought by
Donaldson Cindy M and Donalson David M

Purchase Details

Closed on
Jul 31, 2003
Sold by
Kroker David
Bought by
Kroker Sonnet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
5.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 27, 2002
Sold by
Kroker David
Bought by
Kroker David and Kroker Sonnet

Purchase Details

Closed on
Dec 18, 1997
Sold by
Claudia Domkes
Bought by
Kroker David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.05%

Purchase Details

Closed on
May 22, 1995
Sold by
Goonan James S and Lotter Goonan Sally E
Bought by
Domkes Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
7.74%
Source: Public Records

Range of Values:

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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
Lowe John -- Servicelink
Lowe John A $360,000 First American Title Co
Donaldson Cindy M -- First American Title Company
Kroker Sonnet -- Commonwealth Land Title Co
Kroker David -- Fidelity National Title Co
Kroker David $79,000 Fidelity National Title Co
Domkes Claudia $72,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowe John $323,000
Closed Lowe John A $322,000
Closed Lowe John A $324,000
Previous Owner Donaldson David W $282,000
Previous Owner Mctammany Cindy $13,500
Previous Owner Mctammany Cindy $310,000
Previous Owner Kroker Sonnet $108,500
Previous Owner Kroker David $60,000
Previous Owner Kroker David $108,000
Previous Owner Kroker David $75,000
Previous Owner Domkes Claudia $68,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2018 11/21/18 Sold $360,000 -9.8% $380 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $399,000 -- $421 / Sq Ft
Source: Incline Village REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $5,264 $401,581 $223,101 $178,480
2023 $5,264 $385,989 $214,439 $171,550
2022 $5,009 $378,422 $210,235 $168,187
2021 $4,835 $371,003 $206,113 $164,890
2020 $4,831 $367,200 $204,000 $163,200
2019 $4,869 $360,000 $200,000 $160,000
2018 $3,925 $313,576 $77,466 $236,110
2017 $3,849 $307,429 $75,948 $231,481
2016 $3,801 $301,402 $74,459 $226,943
2015 $3,725 $296,876 $73,341 $223,535
2014 $3,007 $235,000 $55,000 $180,000
Source: Public Records

Agents Affiliated with this Home

  • Bruce Soli

    Seller's Agent in 2018

    Bruce Soli

    Engel & Volkers

    (775) 771-5801

    3 in this area

    127 Total Sales

    Bruce Soli
    Section Image

  • N

    Buyer's Agent in 2018

    Non Member

    Nevada Licensee

    Non Member
    Section Image
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Map

Source: Incline Village REALTORS®

MLS Number: 1004411

Incline Village REALTORS®

APN: 090-181-069

California Placer County Kings Beach 96143

8820 Rainbow Ave, Kings Beach, CA

This home is located at 8820 Rainbow Ave, Kings Beach, CA 96143 since 18 July 2018 and is currently estimated at $608,498, approximately $641 per square foot. This property was built in 1947. 8820 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Incline Village REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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