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3640 Rainbow Way

3640 Rainbow Way, Angels Camp, CA 95222
Property in Calaveras
Sold Sep 20, 2019
$169,000
$126,750 by Caliber Home Loans Inc
Mortgage Due Oct 01, 2049
Sold Nov 10, 2005
Transfer
$469,342 by Seattle Mortgage Co
Mortgage
3640 Rainbow Way has been categorized by the local assessors in Angels Camp, CA as a residential type of property. The building on the property was first built in 1979 and is 45 years old. However, we must point out that the home was most recently renovated and altered in 1991. The home comes with a single bedroom. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3640 Rainbow Way has 768 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 129,809 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. In terms of heating, it is utilizing a wood burning heating system and being fueled with wood. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3640 Rainbow Way sold most recently in Sep 12, 2019 for a total of $169,000. If you work out the math, that's approximately a cost of $220.05 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,119 in taxes each year. 3640 Rainbow Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $177,646. If we break it down further, the land itself was valued at $63,069. Improvements to the property, however, were assessed at a total of $114,577. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 129,809
  • Total Building Area: 768
  • Gross Building Area: 768
  • Building Area: 768
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Wood burning
  • Heated Square Feet: 768
  • Heating Fuel Type: Wood

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: EMBRACING
  • Land Acres: 2.98
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: SR LOT 52 IN 14 T2R13 MCCREIGHT AND REED ROS 24 85

Ownership

  • Current Owner : REESMAN JOHN M
  • Current Owner 2: REESMAN KRISTI A
  • Previous Owner : HOLTON LOLA D
  • Previous Owner 2: HOLTON DOLORES LOLA
  • Owner Before Previous Owner: HOLTON JACK R
  • Owner Before Previous Owner 2: HOLTON LOLA D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Bret Harte Union High School District
  • Census Tract: 000121

Zoning

  • Zoning: U

Geography

  • Parcel: 064-014-016-000
  • Lot: 52
  • Latitude: 38.034
  • Longitude: -120.519

    Address

  • Full Address: 3640 Rainbow Way
  • Legal Unit: 13
  • Address - House Number: 3640
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Angels Camp
  • Carrier Code: H002
  • 4-Digit Zip Code: 9797
  • Zip Code: 95222

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,119
  • Tax Rate Code Area: 068005

    Appraisal Valuation

  • Standard Deviation: 0.23
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 283,107
  • High Value: 348,225
  • Low Value: 217,988

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $126,750
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Sep 20, 2019
  • First Open Lien Mortgage Loan Amount: $126,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $177,646
  • Assessed Land Value: $63,069
  • Assessed Improvements Value: $114,577

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 12, 2019
  • Current Sale Recording Date: Sep 20, 2019
  • Current Sale Transaction ID: 11660610343
  • Current Sale Price: $169,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019-011052
  • Previous Sale Recording Date: Nov 10, 2005
  • Previous Sale Contract Date: Oct 28, 2005
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Sep 20, 2019
  • First Mortgage Loan Amount: $126,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: SEATTLE MORTGAGE CO
  • Previous Mortgage Transaction Date: Nov 10, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $469,342
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Calaveras



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Frequently Asked Questions

What neighborhood is 3640 Rainbow Way located in?
The 3640 Rainbow Way is a located in the neighborhood of Calaveras in Calaveras, Angels Camp.
What is the average sales price for listings in 3640 Rainbow Way?
The average sales price for units in 3640 Rainbow Way is $0 currently.

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