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1225 Rainbow Avenue

1225 Rainbow Avenue, Calexico, CA 92231
Property in Imperial
Sold Jun 13, 2013
$155,000
$152,192 by Primelending
Mortgage Due Jul 01, 2043
Sold Nov 05, 2012
$115,751
1225 Rainbow Avenue has been categorized by the local assessors in Calexico, CA as a residential type of property. The building on the property was first built in 2001 and is 23 years old. The home has a total of 11 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1225 Rainbow Avenue has 1,664 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 7,271 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 420 sqft. According to our sources, there are a total of 2 available parking spaces. 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. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1225 Rainbow Avenue was last sold in Jun 7, 2013 for $155,000. According to our calculations, that's $93.15 per sqft. Prior to that sales transaction, the property was sold for $115,751 in Oct 30, 2012. Current property owners are expected to pay $2,272 in taxes per year. The property on 1225 Rainbow Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $183,449. To break that down further, the land itself was valued at $29,585. While improvements to the property were assessed at a total of $153,864. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,271
  • Total Building Area: 1,664
  • Gross Building Area: 1,664
  • Building Area: 1,664
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,664
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RAINBOW PARK
  • Land Acres: 0.167
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 16 RAINBOW PARK UNIT NO 5 CITY OF CALEXICO

Ownership

  • Current Owner : MORENO DAVID F ARMENTA
  • Previous Owner : CALIFORNIA HOUSING FINANCE AGENCY
  • Owner Before Previous Owner: VARGAS SYLVIA A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Calexico Unified School District
  • Census Tract: 012201

Geography

  • Parcel: 058-803-012-000
  • Lot: 16
  • Municipality: CALEXICO
  • Latitude: 32.6842
  • Longitude: -115.519

    Address

  • Full Address: 1225 Rainbow Ave
  • Address - House Number: 1225
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Calexico
  • Carrier Code: R001
  • 4-Digit Zip Code: 3820
  • Zip Code: 92231

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,272
  • Tax Rate Code Area: 2-026

    Appraisal Valuation

  • Standard Deviation: 0.1666
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 78
  • Final Value: 345,019
  • High Value: 402,529
  • Low Value: 287,510

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $152,192
  • First Open Lien Mortgage Lender: PRIMELENDING
  • First Open Lien Mortgage Recording Date: Jun 13, 2013
  • First Open Lien Mortgage Loan Amount: $152,192
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2043

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $183,449
  • Assessed Land Value: $29,585
  • Assessed Improvements Value: $153,864

    Sales

  • Current Sale Contract Date: Jun 07, 2013
  • Current Sale Recording Date: Jun 13, 2013
  • Current Sale Transaction ID: 1027164287
  • Current Sale Price: $155,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2013012925
  • Previous Sale Recording Date: Nov 05, 2012
  • Previous Sale Contract Date: Oct 30, 2012
  • Previous Sale Amount: $115,751
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: Jun 13, 2013
  • First Mortgage Loan Amount: $152,192
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2043

About Calexico



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Frequently Asked Questions

What neighborhood is 1225 Rainbow Avenue located in?
The 1225 Rainbow Avenue is a located in the neighborhood of Imperial in Calexico, Calexico.
What is the average sales price for listings in 1225 Rainbow Avenue?
The average sales price for units in 1225 Rainbow Avenue is $0 currently.

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