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29521 Rainbow Forest Way, Menifee, CA, 92584

$499,000

Home List Price

$5,926*

Closing Credit

3 Bedrooms
2 Full Baths
1,690 SqFt
$295/SqFt
House
Schools Nearby

Location

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29521 Rainbow Forest Way, Menifee$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Single, Driveway, Garage Faces Front, Garage
Attached Garage2 spaces
Year Built2003
HeatingCentral
CoolingCentral Air
WaterfrontLake Front
FireplaceFamily Room
MLS #SW24031305
Lot Size0.18 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 29521 Rainbow Forest Way

Every day is a vacation when you live in luxury at the premier 55+ guard gated community of The Oasis in beautiful Menifee! This move in ready, three bedroom home offers wonderful curb appeal with an inviting front porch, and a large, private lot situated on a cul-de-sac. Even better, in lieu of neighbors directly across the street, enjoy a quiet and serene green space with a barbecue and picnic table seating. The kitchen has granite countertops, a pantry and is open to the family room and fireplace. Lovely engineered hardwood floors and tile flow throughout the main living areas, and upgraded carpet, and additional built in storage are located in the bedrooms. The primary bedroom has a walk in shower, soaking tub, and double vanity. The generously sized backyard is very private and has a lanai that provides a nice bonus outdoor space. The solar panels keep summer days cool without those high electric bills and a new water heater was installed in September. When residents of The Oasis would like a social atmosphere they take advantage of the 22,500 square ft clubhouse that includes a fitness center, billiards room, library, and a large ballroom for dances, Bingo Night, dinners, and other entertainment. Outside, among the mature and beautiful landscaping is a pool, spa, tennis, shuffleboard, and bocce courts. Adjacent to the community is The Ted Robinson designed Menifee Lakes Country Club. Ideally located minutes from the freeway, shopping, restaurants, and multiple beautiful lakes.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Realty ONE Group Southwest
  • Office Phone: (503) 887-0952
  • Listing Agent: Tiffanie Quatraro

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Water Softener, Water Heater
  • Flooring Type: Carpet, Laminate, Tile
  • Interior: Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Unfurnished, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
  • Fireplace: Family Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Door-Single, Driveway, Garage Faces Front, Garage

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Front Yard, Sprinklers In Rear, Sprinklers In Front, Lawn, Landscaped, Sprinklers
  • Lot Size: 0.18 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 to Antelope, Left on Antelope, Right on Aldergate Dr, Right on Whisperwood, Right on Rainbow Forest

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $295/SqFt

HOA Fees:

  • Amount: $310
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,577
  • 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

29521 Rainbow Forest Way vs Menifee

72 DAYS ON ROCKET

+36 Days

$499,000

-$51K Less

$295/SqFt

+$18 More

KEY TAKEAWAY

This property is $51K less than the Median Sold Price and $18/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: #SW24031305

Listing Office:

  • Office Name: Realty ONE Group Southwest
  • Office Phone: (503) 887-0952
  • Listing Agent: Tiffanie Quatraro

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: 4/28/2024, 12:55:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 04, 2007Home Sold
$319,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,577$394,822
2020$4,576$370,635
2018$4,169$346,000
2017$3,651$327,000

History based on county public records data.

Payment Calculator

$2,868

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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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-1804222
5
/10

  • Freedom Crest Elementary School

  • 29282 Menifee Rd

  • 1.29 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1804223
4
/10

  • Hans Christensen Middle School

  • 27625 Sherman Rd

  • 1.81 miles

  • Public District Grades 6-8

school-card-donut-1804224
1
/10

  • Pinacate Middle School

  • 1990 S A St

  • 6.12 miles

  • Public District Grades 7-8

High School

school-card-donut-1804225
4
/10

  • Heritage High School

  • 26001 Briggs Rd

  • 4.87 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. Most families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 29521 Rainbow Forest Way

What is the listing price of this property?

The listing price of 29521 Rainbow Forest Way property is $499,000.

What type of property is this?

The property 29521 Rainbow Forest Way is a house located in Menifee, California, 92584.

Is this property for sale now?

Accepting Backup Offers: 29521 Rainbow Forest Way is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 29521 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 $4,577 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 4, 2007 for $319,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 29521 Rainbow Forest Way has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 29521 Rainbow Forest Way is 1,690 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 29521 Rainbow Forest Way is 2003.

Rocket Homes›California›Riverside County›Menifee›92584›29521 Rainbow Forest Way

This home is located at 29521 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 0.18 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 15, 2024 and is currently priced at $499,000.

Over 68 listings were sold over their listed price in March 2024 in Menifee, CA. In the same period over 46 listings were sold below the listed price and 31 listings were sold for the listed price. In March 2024 in Menifee, CA there were 8.9% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $550,000, while the average time on the real estate market was 36 days.

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

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