7053 Rainbow Court, Riverside, CA 92506
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7053 Rainbow Court Riverside, CA 92506

$430,000 Sold Price as of 08/04/2020
  • 3 Beds
  • 2 Baths
  • 1,288 Sq.Ft.
Sold
$430,000 Sold Price as of 08/04/2020 Refinance Your Mortgage

Map preview of 7053 Rainbow Court, Riverside, CA 92506

Property Overview: 7053 Rainbow Court Riverside, CA has 3 bedrooms, 2 bathrooms, 1,288 living square feet and 7,405 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome home to a corner lot on a cul-de-sac that has been freshly remodeled. From the bathrooms being completed within the month to the roof being replaced within the last 3 years this home has had it done! Be the first to use the brand new kitchen boasting stainless steel appliances, freshly laid vinyl flooring/carpet in every room, remodeled bathrooms, even the concrete pavers have never been used in the backyard game zone! That's right, I said game zone.... which even has marked lines for the hung dartboard! Looking to entertain this summer? Picture this; Pets kept in the dog run, while guests mingle on the stained concrete shaded by the covered patio. Friends playing with the mounted dartboard using painted lines as makers to challenge each other. Organic vegetables pairing well with home-cooked meals grown from your very own raised garden. Thanks to the very well lit space, you can entertain day or night with ease! 6-foot privacy fences keep this area your own without worry. The workshop/utility room has built-in shelving and plenty of power outlets to make all your summer projects a breeze! Fully insulated 4th bedroom can be located inside the garage which is not included in the overall sqft of the home due to this space not being permitted.

Listed by JENNIFER GAMBLE | BRE #01749113 | WINDERMERE R.E. TOWER PROP.
Last checked: 14 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft
7,405
HOA Dues
$0/mo
Year built
1959
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
IV20112696
City
Riverside
County
Riverside
Time on Site
1521 days

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Property Details for 7053 Rainbow Court

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 2
  • All Bedrooms Down, Bonus Room, Galley Kitchen, Living Room, Workshop
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Attached Garage
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 235081006
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Riverside Unified
Location / Neighborhood
Location Information
  • Directions: McKinley and Lincoln
Neighborhood Information
  • Community Features: Sidewalks
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Sale History for 7053 Rainbow Court

Last sold for $430,000 on August 4th, 2020
  • August, 2020

  • Aug 7, 2020

    Date

    Sold

    CRMLS: IV20112696

    $430,000

    Price

  • Jun 22, 2020

    Date

    Pending

    CRMLS: IV20112696

    $430,000

    Price

  • Jun 11, 2020

    Date

    Active

    CRMLS: IV20112696

    $430,000

    Price

  • August, 2020

  • Aug 4, 2020

    Date

    Sold (Public Records)

    Public Records

    $430,000

    Price

  • April, 2012

  • Apr 25, 2012

    Date

    Sold (Public Records)

    Public Records

    $157,000

    Price

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Tax History for 7053 Rainbow Court

Assessed Value (2020): $180,020
Year Land Value Improved Value Assessed Value
2020 $68,905 $111,115 $180,020

Home Value Compared to the Market

This property vs the competition

7053 Rainbow Court sold on August 4, 2020 for 33.85% lower than the current median sold price for the city of Riverside which is $650,000. The median sold price per/sqft for Riverside is $389 and this home is sold at $333.85 per/sqft which puts the price per square foot 14.18% lower than the current median sale per square foot for the city of Riverside.

About 7053 Rainbow Court

Detailed summary of property

7053 Rainbow Court is a single family home that recently sold in Riverside, CA 92506. This house offered 3 bedrooms, 2 bathrooms, roughly 1,288 living square feet, and sits on an approximately 7,405 square foot lot. 7053 Rainbow Court was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $430,000. Home in Riverside are selling for a median price of $650,000 and a median price per square foot of $389. Based on Ardent Real Estate Group's Riverside Market Data, this home is sold 33.85% lower than the current median priced home. Local homes that are currently for sale include 4601 Challen Ave, 3780 Stoddard Ave and 600 Central #336. While the average home in Riverside, CA is selling in 53 days, 7053 Rainbow Court has a days on market of 9 days. There are currently 789 homes for sale in the Riverside real estate market and 726 of them are single family homes while 54 of them are condos and 9 are townhomes. For more information on this home for sale at 7053 Rainbow Court Riverside, CA 92506 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 7053 Rainbow Court

Public county record property details
Beds
3
Baths
1
Year built
1959
Sq. Ft.
1,288
Lot Size
7,405
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Riverside
Lot#
6
APN
235-081-006

The source for these homes facts are from public records.

92506 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$760,000
Median List Price/Sq.Ft.
$389
Median Sold Price
$640,000
Median Sold Price/Sq.Ft.
$400
Total Inventory
134
Median Sale to List Price %
98.46%
Avg Days on Market
30
Loan Type
Conventional (52.5%), FHA (10%), VA (2.5%), Cash (20%), Other (15%)

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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.