See Home Value
Banning 92220
2723 Rainbow Lane
Listed by: ELIZABETH MIFFLETON, TRUST PROPERTIES USA, INC
$375,000
● House - Off Market

2723 Rainbow Lane

Banning, CA 92220
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,475 Ft²
$1,982
Est. Monthly
$140
HOA / Fees
6.34%
Cap Rate

About This Property

Welcome to your new home in the desirable Senior Community of Serrano Del Vista in Banning, CA. No expense was spared when updating this beautiful home, from the custom shutters, to the new cabinets and granite counters, the stainless steal appliances, and faux wood tile floor.  This 2 bedroom house , with bonus office space, boasts low taxes and a low HOA fee, making it an affordable option for those looking to settle down in a quiet and peaceful neighborhood, close to shopping and the I-10.

But that's not all - when your not relaxing in your completely finished haven of a back yard you will have access to a plethora of amenities, including a clubhouse for social gatherings, a sparkling pool for cooling off on hot summer days, a state-of-the-art gym for staying active, a relaxing spa for unwinding after a long day, and even tennis courts for friendly competition.

Don't miss out on the opportunity to live in this vibrant community where you can enjoy resort-like living without breaking the bank. Schedule a tour today and experience everything this charming house has to offer!
Unit Size
1,475 Ft²
Days on Market
79 days
Land Size
0.11 acres
Price per sqft
$254
Property Type
House
Property Taxes
-
HOA Dues
$140
Year Built
2004

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Last updated: 2 years ago (CRMLS #IV24231211)

Price History

Date / Event Date Event Price
Jan 31, 2025 Sold
Sold
Jan 8, 2025 In contract -
In contract
Dec 10, 2024 Relisted $375,000
Relisted
Nov 26, 2024 In contract -
In contract
Nov 9, 2024 Listed by TRUST PROPERTIES USA, INC $375,000
Listed by TRUST PROPERTIES USA, INC
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 18
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 435
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 2,167
  • Gross Building Area: 2,167
  • Building Area: 1,475
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,475
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRACT NO 18063
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 20
  • State Land Use Code: R01
  • Legal Description 1: .11 ACRES IN LOT 177 MB 134/071 TR 18063

Neighborhood

  • School District Name: Banning Unified School District
  • Census Tract: 044300

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 18063
  • Parcel: 538-332-059
  • Lot: 177
  • Municipality: BANNING
  • Latitude: 33.9185
  • Longitude: -116.907

    Address

  • Full Address: 2723 Rainbow Ln
  • Address - House Number: 2723
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Banning
  • Carrier Code: C022
  • 4-Digit Zip Code: 3749
  • Zip Code: 92220

Valuation

    Tax

  • Total Area: 1,475
  • Tax Year: 2023
  • Tax Amount: $510,176
  • Tax Rate Code Area: 001-020

    Appraisal Valuation

  • Standard Deviation: 0.1984
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 407,726
  • High Value: 488,647
  • Low Value: 326,805

    Market Valuation

  • Market Total Value: $316,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $367,200
  • Assessed Land Value: $20,400
  • Assessed Improvements Value: $346,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 03, 2021
  • Current Sale Recording Date: Sep 02, 2021
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2021-0525496
  • Previous Sale Recording Date: Nov 25, 2015
  • Previous Sale Contract Date: Sep 25, 2015
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Banning


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1439 Allin Lane, BANNING, CA, 92220

$2,295 /mo

  • 2 Beds
  • 2 Baths
  • 1,261 ft²
1439 Allin Lane, BANNING, CA, 92220 Listing by Damien Melle


Frequently Asked Questions

When was property at 2723 Rainbow Lane built and last sold?
The property at 2723 Rainbow Lane was built in 2004 and last sold on Aug 3, 2021 for $360,000.
How much is this home worth?
The estimated value of the home located at 2723 Rainbow Lane is $0.
What are some comparable homes to 2723 Rainbow Lane?
There are currently no comparable homes to 2723 Rainbow Lane.