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16 Rainbow Ridge #40, Irvine, CA 92603
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16 Rainbow Ridge #40 Irvine, CA 92603

$700,000 Sold Price as of 02/27/2020
  • 2 Beds
  • 2 Baths
  • 1,600 Sq.Ft.
Sold
$700,000 Sold Price as of 02/27/2020 Refinance Your Mortgage
Map preview of 16 Rainbow Ridge #40, Irvine, CA 92603

Property Overview: 16 Rainbow Ridge #40 Irvine, CA has 2 bedrooms, 2 bathrooms, 1,600 living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: If privacy and an open floor plan are important to you, then this condo is for you! Available for the first time in 39 years, this coveted upper level Laurel floor plan is situated in the heart of a quaint community of just 44 homes. The moment you walk in, you’ll be greeted by loads of natural light and views of the majestic nearby trees. Offering unusual 9 foot high ceilings in the main living area, this layout offers 2 bedrooms plus a den/office area that can be easily converted into a 3rd bedroom. The kitchen features granite counters, stainless appliances and easy care tile flooring. The main living area is centered by an updated wood burning fireplace and opens into the dining room and den. Enjoy a cup of coffee on the private balcony, tend to your prized potted plants and store all that you need in the adjacent storage closet. The oversized bedrooms include large closets and are ideally separated providing additional privacy. A newer heater and air conditioning system is included along with the washer, dryer, refrigerator and 4 televisions. In addition, you'll be amazing by the oversized 2 car garage with tons of storage. Community amenities offer an on-site jacuzzi as well as nearby pool, additional jacuzzi, tennis courts, half basketball court and tot-lot. Live the Turtle Rock lifestyle and be 10 minutes close to everything. No Mello Roos.

Listed by Pegi Dirienzo | BRE #01219774 | Douglas Elliman of California
Last checked: 2 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
--
HOA Dues
$520/mo
Year built
1979
Garage
2 Car
Property Type:
Condominium
Status
Sold
MLS#
OC20015754
City
Irvine
County
Orange
Time on Site
1398 days

Property Details for 16 Rainbow Ridge #40

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Dryer Included, In Closet, Inside, Washer Included
Fireplace Information
  • Has Fireplace
  • Living Room, Gas, Wood Burning
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 2
  • Eating Area: Area, Dining Room
  • Flooring: Carpet, Tile
  • Den, Living Room
Kitchen Information
  • Has Appliances
  • Built-In Range, Dishwasher, Gas Range, Microwave, Refrigerator
  • Granite Counters
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Built-in Features, Ceiling Fan(s), Granite Counters, High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry
  • Levels: One
  • Door Features: Mirror Closet Door(s)
Exterior Features
Exterior Information
  • Rain Gutters
  • Has Spa
  • Spa Features: Association
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: Association
  • Deck, Front Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Built-In Storage, Driveway
  • No Attached Garage
Lot Information
  • Lot Features: Cul-De-Sac
  • Lot Size Source: Assessor
  • Common Interest: Planned Development
Property Information
  • Has View
  • View: Trees/Woods
  • Common Walls: 2+ Common Walls, End Unit
  • Total # of Units: 44
  • Parcel Number: 93016440
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Sunset Ridge
  • Association Fee: $425 (Monthly)
  • Second Association Name: Turtle Rock Rige
  • Second Association Fee: $95 (Monthly)
  • Association Amenities: Pool, Spa/Hot Tub, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Sport Court
  • Total Average Monthly Fee: $520
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • Elementary School: Bonita Canyon
  • Elementary School: BONCAN
  • Middle/Junior High School: Rancho San Joaquin
  • Middle/Junior High School: RASAJO
  • High School: University
  • High School: UNIVER
  • High School District: Irvine Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Highlands Townhomes (HA)
  • Directions: Turtle Rock Dr to Willowleaf to Rainbow Ridge
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Irvine Agent

Sale History for 16 Rainbow Ridge #40

Last leased for $3,100 on May 30th, 2020

  • May, 2020

  • May 30, 2020

    Date

    Leased

    CRMLS: OC20075592

    $3,100

    Price

  • May 24, 2020

    Date

    Active

    CRMLS: OC20075592

    $3,100

    Price

  • Listing provided courtesy of CRMLS

    Prestigious TURTLE ROCK...UPSTAIRS/VIEW OF TREES....8-9 1/2 ft. ceilings Recessed lighting.. Entry into Formal Living room with cozy fireplace......Diningroom....PLUS DEN/office/bedroom off of the living room....Living room slider leads to a viewing deck to see lush landscape...Gourmet Kitchen with granite countertops...strainless steel appliances..refrigerator included.....room for a breakfast table....Two separate very large bedrooms with a master suite with two different vanities and two sinks. The second bedroom is separate and very private.. Inside full laundry..washer and dryer included...recessed light... NEW Paint, NEW flooring.....2 car oversized garage/storage....This is living at its best- PRIVATE for residents only.....tot lots, basketball court.... 2 SPAS, Swimming POOL, TENNIS COURTS.......TURTLE ROCK COMMUNITY PARK....Enormous walking and picnic areas...Nature center....IUSD Award-winning schools...UNIVERSITY HIGH....Near Irvine Valley College (IVC) and the University of CA. in Irvine (UCI).......Close to WORLD CLASS shopping, SOUTH COAST PLAZA, Newport Beach FASHION ISLAND, Mission Viejo, Laguna Beach..NEAR #405, #55, #73# 133, #5, #241, #261...HALF way between LA & SD. Hurry on this one..

  • February, 2020

  • Feb 27, 2020

    Date

    Sold

    CRMLS: OC20015754

    $700,000

    Price

  • Feb 19, 2020

    Date

    Pending

    CRMLS: OC20015754

    $750,000

    Price

  • Feb 3, 2020

    Date

    Active Under Contract

    CRMLS: OC20015754

    $750,000

    Price

  • Jan 24, 2020

    Date

    Active

    CRMLS: OC20015754

    $750,000

    Price

  • February, 2020

  • Feb 27, 2020

    Date

    Sold (Public Records)

    Public Records

    $694,000

    Price

Show More

Tax History for 16 Rainbow Ridge #40

Assessed Value (2020): $291,326
Year Land Value Improved Value Assessed Value
2020 $135,402 $155,924 $291,326

Home Value Compared to the Market

This property vs the competition

16 Rainbow Ridge #40 sold on February 27, 2020 for 50.5% lower than the current median sold price for the city of Irvine which is $1,515,000. The median sold price per/sqft for Irvine is $863 and this home is sold at $468.75 per/sqft which puts the price per square foot 45.68% lower than the current median sale per square foot for the city of Irvine.

About 16 Rainbow Ridge #40

Detailed summary of property

16 Rainbow Ridge #40 is a condominium that recently sold in Irvine, CA 92603. This condo offered 2 bedrooms, 2 bathrooms, roughly 1,600 living square feet, and sits on an approximately -- square foot lot. 16 Rainbow Ridge #40 was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $700,000. Home in Irvine are selling for a median price of $1,515,000 and a median price per square foot of $863. Based on Ardent Real Estate Group's Irvine Market Data, this home is sold 50.5% lower than the current median priced home. Local homes that are currently for sale include 5517 Paseo Del Lago #2C, 5529 Via La Mesa #O and 3281 San Amadeo #B. This home does have a Homeowners Association and the monthly fee is $520 per month. While the average home in Irvine, CA is selling in 46 days, 16 Rainbow Ridge #40 has a days on market of 7 days. There are currently 449 homes for sale in the Irvine real estate market and 209 of them are single family homes while 211 of them are condos and 29 are townhomes. For more information on this home for sale at 16 Rainbow Ridge #40 Irvine, CA 92603 contact Ardent Real Estate Group and we will put you in touch with one of our Irvine agents.

Public Facts for 16 Rainbow Ridge #40

Public county record property details
Beds
2
Baths
2
Year built
1979
Sq. Ft.
1,523
Lot Size
--
Stories
1
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Orange
Lot#
1
APN
930-164-40

The source for these homes facts are from public records.

92603 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$3,180,000
Median List Price/Sq.Ft.
$1,176
Median Sold Price
$2,598,888
Median Sold Price/Sq.Ft.
$1,036
Total Inventory
35
Median Sale to List Price %
104.16%
Avg Days on Market
26
Loan Type
Conventional (25%), FHA (0%), VA (0%), Cash (50%), Other (25%)

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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.

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