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2661 Rainbow Ln

Banning, CA 92220

3 bd 3 ba 1,835 sqft Built 2004 Lot 4,792 sqft single_family
Most recent sale
$380,000
Dec 28, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 28, 2023 Sold $380,000 CRMLS
Dec 7, 2023 Listed $379,000 CRMLS
Apr 8, 2004 Sold $194,000 Public Record
Nov 1, 1988 Sold $3,652,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $367,200 $20,400 $387,600 $5,289
2024 $367,200 $20,400 $387,600 $5,278
2023 $203,612 $61,481 $265,093 $3,673
2022 $199,620 $60,276 $259,896 $3,595
2021 $195,706 $59,095 $254,801 $3,524
2020 $193,699 $58,491 $252,190 $3,493
2019 $189,901 $57,345 $247,246 $3,436
2018 $186,177 $56,222 $242,399 $3,412
2017 $158,000 $48,000 $206,000 $2,902
2016 $151,000 $45,000 $196,000 $2,676
2015 $136,000 $41,000 $177,000 $2,413
2014 $136,000 $41,000 $177,000 $2,445
2013 $121,000 $37,000 $158,000 $2,191
2012 $104,000 $31,000 $135,000 $1,846
2010 $97,000 $29,000 $126,000 $1,786
2009 $134,000 $40,000 $174,000 $2,329
2008 $161,281 $48,709 $209,990 $2,652
2007 $158,119 $47,754 $205,873 $2,593

Property facts

Year built
2004
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,835 sqft
Lot size
4,792 sqft
ZIP code
92220
City
Banning
Street
Rainbow Ln
Coordinates
33.91854, -116.90599

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,280
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2661 Rainbow Ln last sell?
2661 Rainbow Ln most recently sold on Dec 28, 2023 for $380,000.
What is the current tax assessment for 2661 Rainbow Ln?
The most recent total assessment for 2661 Rainbow Ln (year 2025) is $387,600 with $5,289 in property tax.
How does 2661 Rainbow Ln's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $380,000.
When was 2661 Rainbow Ln built?
2661 Rainbow Ln was built in 2004.
How does 2661 Rainbow Ln compare to others on Rainbow Ln?
We track 8 other properties on Rainbow Ln. Browse the list under "Other properties on Rainbow Ln" to compare beds, baths, and sale history.
What are the property facts for 2661 Rainbow Ln?
2661 Rainbow Ln is a 3 bed, 3 bath, 1,835 sqft, 4,792 sqft lot single_family.
Is 2661 Rainbow Ln a flip candidate?
No — 2661 Rainbow Ln does not appear in our flips dataset.
Is 2661 Rainbow Ln a tax-appeal candidate?
No — 2661 Rainbow Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.4%
Implied 1-yr
-1.7%
2026 Q3
$345.3K
2026 Q4
$343.8K
ZIP 92220 — Median Price History + Forecast

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