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16292 Rainbow Ridge Road

16292 Rainbow Ridge Road, Chino Hills, CA 91709
Property in San Bernardino
Sold Sep 29, 2009
$460,000
$210,000 by Quicken Loans Llc
Mortgage Due Apr 01, 2036
Sold Feb 26, 2009
$507,360
16292 Rainbow Ridge Road in Chino Hills, CA was first built in 1975 and is 49 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a modern style. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 16292 Rainbow Ridge Road has 2,455 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 2,000 ft and the linear feet between the front and back of the lot is 2,400. In total, the area measurement of the land is 48,000 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of wood shake/ shingles. Water for the property is sourced from a municipal system. For those who need parking, there is a carport. The garage is 400 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. The property was last sold in Aug 18, 2009 for $460,000. That's $187.37 per sqft. Prior to that sales transaction, the property was also sold in Feb 18, 2009 for $507,360. 16292 Rainbow Ridge Road was last assessed in 2023. The total value of the property was assessed at $570,722. Specifically, the land the property is located on was valued at $199,752. While improvements on the property were assessed at a total of $370,970. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $6,238. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Modern
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 48,000
  • Lot Size Depth Feet: 2,400
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 2,455
  • Gross Building Area: 2,455
  • Building Area: 2,455
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,455
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 7062
  • Land Acres: 1.102
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: TRACT 7062 LOT 55

Ownership

  • Current Owner : RICKS WALTER JOEL
  • Current Owner 2: RICKS LU FAE
  • Previous Owner : ACCREDITED REO PROPERTIES LLC
  • Owner Before Previous Owner: KOREN JASON
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chino Valley Unified School District
  • Census Tract: 000111

Geography

  • Assessors Map Reference: 36-E2
  • District: 07
  • Subdivision Tract Number: 7062
  • Parcel: 1017-292-11-0000
  • Lot: 55
  • Municipality: ONTARIO
  • Latitude: 33.9575
  • Longitude: -117.759

    Address

  • Full Address: 16292 Rainbow Ridge Rd
  • Address - House Number: 16292
  • Address - Street Name: Rainbow Ridge
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Chino Hills
  • Carrier Code: R053
  • 4-Digit Zip Code: 2330
  • Zip Code: 91709

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,238
  • Tax Rate Code Area: 024-015

    Appraisal Valuation

  • Standard Deviation: 0.1895
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 1,042,549
  • High Value: 1,240,128
  • Low Value: 844,970

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $210,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Mar 29, 2021
  • First Open Lien Mortgage Loan Amount: $210,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $570,722
  • Assessed Land Value: $199,752
  • Assessed Improvements Value: $370,970

    Sales

  • Current Sale Contract Date: Aug 18, 2009
  • Current Sale Recording Date: Sep 29, 2009
  • Current Sale Transaction ID: 1057668647
  • Current Sale Price: $460,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2009-0423210
  • Previous Sale Recording Date: Feb 26, 2009
  • Previous Sale Contract Date: Feb 18, 2009
  • Previous Sale Amount: $507,360
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 29, 2009
  • First Mortgage Loan Amount: $320,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2039

About Chino Hills



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Frequently Asked Questions

What neighborhood is 16292 Rainbow Ridge Road located in?
The 16292 Rainbow Ridge Road is a located in the neighborhood of San Bernardino in Chino Hills, Chino Hills.
What is the average sales price for listings in 16292 Rainbow Ridge Road?
The average sales price for units in 16292 Rainbow Ridge Road is $0 currently.

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