3474 Rainbow Ln, Highland, CA 92346
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3474 Rainbow Ln Highland, CA 92346

$175,000
  • 2 Beds
  • 1 Baths
  • 780 Sq.Ft.
Back Up Offer
$175,000 Get Pre-Qualified

Map preview of 3474 Rainbow Ln, Highland, CA 92346

Property Overview: 3474 Rainbow Ln Highland, CA has 2 bedrooms, 1 bathrooms, 780 living square feet and 780 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Embrace the potential of this fixer-upper gem! Nestled in the Highland Palms HOA, this downstairs two-bedroom, one-bath unit offers an excellent opportunity for investment. Situated conveniently near the vibrant Yaamava Resort & Casino, Walmart Supercenter, and the 210 Freeway, it boasts an ideal location for tenants. With rental rates ranging from $1,450 to $1,650 per month, it promises solid income potential. The HOA covers exterior maintenance, water, trash, sewer, and even the water heater and gas, ensuring hassle-free ownership. While conventional and VA loans are welcome, please note that FHA financing is not available for this property. Don't miss out on this chance to transform this fixer-upper into a lucrative investment!

Listed by Donald Mowery | BRE #01193547 | EXP REALTY OF CALIFORNIA INC
Last checked: 8 minutes ago | Last updated: April 29th, 2024 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
780
HOA Dues
$400/mo
Year built
1969
Garage
1 Car
Property Type:
Condominium
Status
Back Up Offer
MLS#
CV24073213
City
Highland
County
San Bernardino
Time on Site
14 days

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Property Details for 3474 Rainbow Ln

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Electric
Heating Information
  • Has Heating
  • Forced Air, Natural Gas
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 1
  • Eating Area: Area
  • Flooring: Laminate
  • Living Room
Kitchen Information
  • Has Appliances
  • Disposal, Water Heater
Bathroom Information
  • # of Baths (Full): 1
Interior Features
  • Ceiling Fan(s), Unfinished Walls
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Asphalt, Composition, Shingle
  • No Fence
  • None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: Association, Community
  • Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • No Attached Garage
Lot Information
  • Lot Size Source: Assessor
  • Common Interest: Condominium
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 1
  • Parcel Number: 1191312290000
  • Year Built Source: Assessor
  • Architectural Style: See Remarks
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is Attached
  • Accessibility Features: None
  • Property Condition: Fixer, Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
  • Association Name: Highland Palms
  • Association Fee: $400 (Monthly)
  • Association Amenities: Gas, Maintenance Grounds, Trash, Sewer, Water
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public, See Remarks
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Schools
School Information
  • Middle/Junior High School: Serrano
  • Middle/Junior High School: SERRAN
  • High School District: San Bernardino City Unified
Location / Neighborhood
Location Information
  • Directions: From east Highland Ave, head south on Orange St, then east on Rainbow Ln
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban
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Sale History for 3474 Rainbow Ln

Last sold for $29,000 on November 30th, 2012
  • April, 2024

  • Apr 25, 2024

    Date

    Back Up Offer

    CRMLS: CV24073213

    $175,000

    Price

  • Apr 17, 2024

    Date

    Active

    CRMLS: CV24073213

    $175,000

    Price

  • November, 2012

  • Nov 30, 2012

    Date

    Sold (Public Records)

    Public Records

    $29,000

    Price

  • February, 2011

  • Feb 1, 2011

    Date

    Sold (Public Records)

    Public Records

    $30,000

    Price

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Tax History for 3474 Rainbow Ln

Assessed Value (2020): $40,197
Year Land Value Improved Value Assessed Value
2020 $12,059 $28,138 $40,197

Home Value Compared to the Market

This property vs the competition

3474 Rainbow Ln is listed 69.29% lower than the median list price for the city of Highland which has a median list price of $569,900. The median price per/sqft for Highland is $317 and this home is listed at $224.36 per/sqft which puts the price per square foot 29.22% lower than the median price per square foot for the city of Highland.

About 3474 Rainbow Ln

Detailed summary of property

3474 Rainbow Ln is a condominium located in Highland, CA 92346 and is currently in escrow to be sold. This condo offers 2 bedrooms, 1 bathrooms, roughly 780 living square feet, and sits on an approximately 780 square foot lot. 3474 Rainbow Ln was first listed on ArdentRealEstateGroup.com on April 17, 2024. The homeowner is currently asking $175,000. The median priced home in Highland is $569,900 with a median price per square foot of $317. Based on Ardent Real Estate Group's Highland Market Data, this home is listed 69.29% lower than the median priced home. This home does have a Homeowners Association and the monthly fee is $400 per month. While the average home in Highland, CA is selling in 51 days, 3474 Rainbow Ln has a days on market of 14 days. There are currently 115 homes for sale in the Highland real estate market and 102 of them are single family homes while 12 of them are condos and 1 are townhomes. For more information on this home for sale at 3474 Rainbow Ln Highland, CA 92346 contact Ardent Real Estate Group and we will put you in touch with one of our Highland agents.

Public Facts for 3474 Rainbow Ln

Public county record property details
Beds
2
Baths
1
Year built
1969
Sq. Ft.
780
Lot Size
780
Stories
1
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
San Bernardino
Lot#
37
APN
1191-312-29-0000

The source for these homes facts are from public records.

92346 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$574,999
Median List Price/Sq.Ft.
$313
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$322
Total Inventory
113
Median Sale to List Price %
103%
Avg Days on Market
22
Loan Type
Conventional (50%), FHA (19.23%), VA (15.38%), Cash (15.38%), Other (0%)

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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.