1042 W Rainbow Falls Way, Orange, CA 92865
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1042 W Rainbow Falls Way Orange, CA 92865

$870,000 Sold Price as of 03/17/2022
  • 4 Beds
  • 2.5 Baths
  • 1,987 Sq.Ft.
Sold
$870,000 Sold Price as of 03/17/2022 Refinance Your Mortgage

Map preview of 1042 W Rainbow Falls Way, Orange, CA 92865

Property Overview: 1042 W Rainbow Falls Way Orange, CA has 4 bedrooms, 2.5 bathrooms, 1,987 living square feet and 4,600 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This River Trail home boasts an amazing layout with the generous master is downstairs and three additional bedrooms upstairs. The first thing you'll notice when you arrive is the cul-de-sac location and huge deep driveway due to this being one of the largest lots in the River Trail tract, granting more yard space and privacy than most! From the private side yard you'll enter the living room with high vaulted ceilings, charming fireplace, and great natural light due to the direct access to the backyard. The kitchen then flows open to the dining room area. The downstairs master affords tremendous convenience and privacy with great amenities like a double vanity and deep closets. Lovingly maintained with thoughtful updates like double pane window, this home is priced for your updates and personalizations. This well-loved and highly sought after community has a play area, pool, beautifully maintained common spaces, and is close proximity to many Orange favorites, all at an exceptionally low hoa rate. And to top it all off, it's in the Villa Park HS disctrict. Amazing opportunity to get this much living space with margin to update to your taste!

Listed by BROOKE MILLER | BRE #01463771 | HOMESMART, EVERGREEN REALTY
Last checked: 3 minutes ago | Last updated: January 18th, 2023 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
4,600
HOA Dues
$135/mo
Year built
1983
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
CV22022647
City
Orange
County
Orange
Time on Site
967 days

Property Details for 1042 W Rainbow Falls Way

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 2
  • Main Floor Master Bedroom
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 1
Interior Features
  • Cathedral Ceiling(s)
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: Association
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Driveway, Garage
  • Has Attached Garage
Lot Information
  • Lot Features: Cul-De-Sac, Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood, See Remarks
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Total # of Units: 120
  • Parcel Number: 37474242
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: River Trail
  • Association Fee: $135 (Monthly)
  • Association Amenities: Pool, Picnic Area, Playground, Other
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • Elementary School: Fletcher
  • Elementary School: FLETCH
  • High School: Villa Park
  • High School: VILPAR
  • High School District: Orange Unified
Location / Neighborhood
Location Information
  • Directions: Batavia to Fletcher to River Trail to Rainbow Falls Way
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban
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Sale History for 1042 W Rainbow Falls Way

Last sold for $870,000 on March 17th, 2022
  • February, 2022

  • Feb 15, 2022

    Date

    Active Under Contract

    CRMLS: CV22022647

    $875,000

    Price

  • Feb 15, 2022

    Date

    Active

    CRMLS: CV22022647

    $875,000

    Price

  • Feb 15, 2022

    Date

    Price Change

    CRMLS: CV22022647

    $875,000

    Price

  • March, 1997

  • Mar 13, 1997

    Date

    Sold (Public Records)

    Public Records

    $188,500

    Price

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Tax History for 1042 W Rainbow Falls Way

Assessed Value (2020): $280,175
Year Land Value Improved Value Assessed Value
2020 $91,558 $188,617 $280,175

Home Value Compared to the Market

This property vs the competition

1042 W Rainbow Falls Way sold on March 17, 2022 for 17.06% lower than the current median sold price for the city of Orange which is $1,055,000. The median sold price per/sqft for Orange is $642 and this home is sold at $440.36 per/sqft which puts the price per square foot 31.41% lower than the current median sale per square foot for the city of Orange.

About 1042 W Rainbow Falls Way

Detailed summary of property

1042 W Rainbow Falls Way is a single family home that recently sold in Orange, CA 92865. This house offered 4 bedrooms, 2.5 bathrooms, roughly 1,987 living square feet, and sits on an approximately 4,600 square foot lot. 1042 W Rainbow Falls Way was first listed on ArdentRealEstateGroup.com on February 4, 2022. The homeowner sold the property for $870,000. Home in Orange are selling for a median price of $1,055,000 and a median price per square foot of $642. Based on Ardent Real Estate Group's Orange Market Data, this home is sold 17.06% lower than the current median priced home. Local homes that are currently for sale include 2163 N Pami Circle, 801 Ohio Ave and 1265 E Live Oak Dr. This home does have a Homeowners Association and the monthly fee is $135 per month. While the average home in Orange, CA is selling in 51 days, 1042 W Rainbow Falls Way has a days on market of 4 days. There are currently 223 homes for sale in the Orange real estate market and 181 of them are single family homes while 32 of them are condos and 10 are townhomes. For more information on this home for sale at 1042 W Rainbow Falls Way Orange, CA 92865 contact Ardent Real Estate Group and we will put you in touch with one of our Orange agents.

Public Facts for 1042 W Rainbow Falls Way

Public county record property details
Beds
4
Baths
2
Year built
1984
Sq. Ft.
1,987
Lot Size
4,600
Stories
2
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
8
APN
374-742-42

The source for these homes facts are from public records.

92865 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$990,000
Median List Price/Sq.Ft.
$604
Median Sold Price
$906,000
Median Sold Price/Sq.Ft.
$563
Total Inventory
21
Median Sale to List Price %
113.41%
Avg Days on Market
17
Loan Type
Conventional (42.86%), FHA (14.29%), VA (0%), Cash (28.57%), Other (14.29%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.