4 months on rocket

29478 Rainbow Forest Way, Menifee, CA, 92584

$479,900

Home List Price

$5,699*

Closing Credit

2 Bedrooms
2 Full Baths
1,690 SqFt
$284/SqFt
House
Schools Nearby

Location

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29478 Rainbow Forest Way, Menifee$479,900

Buyer Closing Credits

$5,699*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Street
Attached Garage2 spaces
Year Built2003
HeatingCentral
CoolingCentral Air
FireplaceFamily Room
ViewNone
MLS #IV23228163
Lot Size0.14 Acres
StatusActive

About 29478 Rainbow Forest Way

Senior living at its finest here at the Oasis. Must be 55+ yrs young to reside here and enjoy the golfing and lovely community clubhouse. These homes are not in the older senior core area, but rather along Antelope Rd and just less than a mile from the quality grocery stores as well as many restaurants and one stop shopping from Target to Lowes and the newly anticipated bowling alley and movie theaters coming, Walking distance to the miles long hiking trail for all your outdoor activities close to your front door. This home boasts an open living floor plan with 2 bedrooms and 2 full baths as well as great room centered by fireplace. Formal dining room or study area as well as secondary room that would be perfect for your home office. Freshly painted interior, new hard surface vinyl flooring and new carpet, flat top surfaces in the kitchen with center island and built in appliances. 2 car garage and concrete rear patio as well as overhead slated patio cover. Make this lovely home yours for the New Year!

Property Details

Property Features

Property Information:

  • Architectural Style: Modern
  • Year Built: 2003
  • Stories: 1
  • Living Area: 1,690 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER ASSOC BRKR/CL
  • Office Phone: (951) 640-7056
  • Listing Agent: MARGARET MCCOY

Interior Features

Interior Information:

  • Appliances: Gas Oven, Gas Range
  • Flooring Type: Carpet, Vinyl
  • Interior: Open Floorplan, Unfurnished, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
  • Fireplace: Family Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Heritage High School, Public District Grades 9-12
  • Hans Christensen Middle School, Public District Grades 6-8
  • Pinacate Middle School, Public District Grades 7-8
  • Freedom Crest Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Newport/Antelope/

Price Information

Listing Price Info

Price Summary:

  • List Price: $479,900
  • Price Per SqFt: $284/SqFt

HOA Fees:

  • Amount: $310
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,296
  • Tax Year: 2021
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Housing Market Comparison

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

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Menifee, CA

City

Med. Sold Price

$550K

Med. Price/SqFt

$277

Avg. Days On Market

36

# of Sold Homes

145

29478 Rainbow Forest Way vs Menifee

129 DAYS ON ROCKET

+93 Days

$479,900

-$70.1K Less

$284/SqFt

+$7 More

KEY TAKEAWAY

This property is $70.1K less than the Median Sold Price and $7/SqFt more than other homes in Menifee, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #IV23228163

Listing Office:

  • Office Name: COLDWELL BANKER ASSOC BRKR/CL
  • Office Phone: (951) 640-7056
  • Listing Agent: MARGARET MCCOY

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: 4/27/2024, 4:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,296$263,339
2020$3,296$260,640
2018$3,087$250,520
2017$2,926$245,609

History based on county public records data.

Payment Calculator

$2,773

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,505

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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.

Elementary School

school-card-donut-1389537
5
/10

  • Freedom Crest Elementary School

  • 29282 Menifee Rd

  • 1.23 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1389538
4
/10

  • Hans Christensen Middle School

  • 27625 Sherman Rd

  • 1.82 miles

  • Public District Grades 6-8

school-card-donut-1389539
1
/10

  • Pinacate Middle School

  • 1990 S A St

  • 6.15 miles

  • Public District Grades 7-8

High School

school-card-donut-1389540
4
/10

  • Heritage High School

  • 26001 Briggs Rd

  • 4.84 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,118. The majority of Menifee, CA residents have income between $35k-100k annually. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 29478 Rainbow Forest Way

What is the listing price of this property?

The listing price of 29478 Rainbow Forest Way property is $479,900.

What type of property is this?

The property 29478 Rainbow Forest Way is a house located in Menifee, California, 92584.

Is this property for sale now?

Active Listing: 29478 Rainbow Forest Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 29478 Rainbow Forest Way are:
Freedom Crest Elementary School: GreatSchools Rating 5/10
Hans Christensen Middle School: GreatSchools Rating 4/10
Pinacate Middle School: GreatSchools Rating 1/10
Heritage High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,296 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 29478 Rainbow Forest Way has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 29478 Rainbow Forest Way is 1,690 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 29478 Rainbow Forest Way is 2003.

Rocket Homes›California›Riverside County›Menifee›92584›29478 Rainbow Forest Way

This home is located at 29478 Rainbow Forest Way in Menifee, CA and zip code 92584 in the Menifee Lakes neighborhood. This 1,690 square foot home, which was built in 2003, sits on a 0.14 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 19, 2023 and is currently priced at $479,900.

In March 2024, from all listings sold in Menifee, CA there were more than 68 sold above asking price, over 46 sold below and more than 31 were sold right at the asked price. In March 2024 in Menifee, CA there were 8.9% more homes for sale than in February 2024. In March 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $550,000.

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

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