4 months on rocket

3506 Rainbow Ln, Highland, CA, 92346

$245,000

Home List Price

$2,909*

Closing Credit

2 Bedrooms
1 Full Bath
882 SqFt
$278/SqFt
Condo

Location

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3506 Rainbow Ln, Highland$245,000

Buyer Closing Credits

$2,909*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Attached Garage1 space
Year Built1969
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewNone
MLS #SW24168211
Lot Size0.01 Acres
StatusActive

About 3506 Rainbow Ln

EXCELLENT CASH FLOW AND CAP RATE FOR THIS VERY NICE TWO STORY END UNIT CONDO. INCLUDES SPACIOUS 2 BEDROOMS AND ONE BATH. NEW LVP FLOORING JUST INSTALLED ON BOTH 1ST & 2ND FLOORS. RENOVATED BATH WITH NEW VANITY & FAUCETS. NEW BLINDS THRU-OUT. BRAND NEW APPLIANCES IN KITCHEN JUST INSTALLED! RECENTLY PAINTED, NEW LED CEILING LIGHTS IN BEDROOM, LIVING, & KITCHEN AREA. CENTRAL HEATING AND CENTRAL AIR CONDITIONING. GRANITE COUNTERS IN KITCHEN. ONE GARAGE AND ONE ASSIGNED PARKING SPACE. CLOSE TO SHOPPING AND TRANSPORTATION. AMENITIES INCLUDES POOL AND LAUNDRY FACILITIES. CAN GET CONVENTIONAL FINANCING W/20% DOWN CALL FOR FURTHER DETAILS. NO FHA/VA

Property Details

Property Features

Property Information:

  • Year Built: 1969
  • Stories: 2
  • Living Area: 882 SqFt

Listing Office:

  • Office Name: Cross Keys Realty
  • Office Phone: (951) 973-9333
  • Listing Agent: Rita Albezer

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Interior: All Bedrooms Up
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Virtual/3D Tour

  • 3D Tour: 3506 Rainbow Ln
3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 210 TO ORANGE ST TO RAINBOW

Price Information

Listing Price Info

Price Summary:

  • List Price: $245,000
  • Price Per SqFt: $278/SqFt

HOA Fees:

  • Amount: $400
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,206
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Highland, CA.

Med. Sold Price

$537.9K

Med. Price/SqFt

$322

Avg. Days On Market

43

# of Sold Homes

22

3506 Rainbow Ln vs Highland

125 DAYS ON ROCKET

+82 Days

$245,000

-$292.9K Less

$278/SqFt

-$45 Less

KEY TAKEAWAY

This property is $292.9K less than the Median Sold Price and $45/SqFt less than other homes in Highland, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SW24168211

Listing Office:

  • Office Name: Cross Keys Realty
  • Office Phone: (951) 973-9333
  • Listing Agent: Rita Albezer

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 5:15:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 08, 2018Home Sold
$78,000
Nov 22, 2013Home Sold
$45,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,206$80,384
2020$1,173$79,560
2019$796$78,000
2018$772$48,481
2017$749$47,531

History based on county public records data.

Payment Calculator

$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$801

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4403740
2
/10
  • Highland-Pacific Elementary School

  • 3340 Pacific St

  • 0.32 miles

  • Public District Grades KG-6

school-card-donut-4403741
3
/10
  • Bonnie Oehl Elementary School

  • 2525 Palm Ave

  • 0.56 miles

  • Public District Grades KG-6

school-card-donut-4403742
2
/10
  • Cole Elementary School

  • 1331 Cole Ave

  • 0.63 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,104. The majority of Highland, CA residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3506 Rainbow Ln

What is the listing price of this property?

The listing price of 3506 Rainbow Ln property is $245,000.

What type of property is this?

The property 3506 Rainbow Ln is a condo located in Highland, California, 92346.

Is this property for sale now?

Active Listing: 3506 Rainbow Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,206 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 8, 2018 for $78,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3506 Rainbow Ln has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 3506 Rainbow Ln is 882 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3506 Rainbow Ln is 1969.

Rocket HomesCaliforniaSan Bernardino CountyHighland923463506 Rainbow Ln

This home is located at 3506 Rainbow Ln in Highland, CA and zip code 92346 in the San Andreas neighborhood. This 882 square foot home, which was built in 1969, sits on a 0.01 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $245,000.

In November 2024 more than 12 listings in Highland, CA were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 5 were sold below. In November 2024 in Highland, CA there were 6.1% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $537,987, while the average time on the real estate market was 43 days.

From Rocket Homes Real Estate and based on county public records data.

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