2850 Rainbow Ln
Banning, CA 92220
2 bd 3 ba 1,835 sqft Built 2004 Lot 4,356 sqft single_family
Most recent sale
$413,327
Sep 21, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 21, 2022 | Sold | $413,327 | MLS #HD22113925 |
| Aug 22, 2022 | Price changed | $403,800 | MLS #HD22113925 |
| Jul 23, 2022 | Price changed | $408,900 | MLS #HD22113925 |
| Jun 19, 2022 | Price changed | $418,000 | MLS #HD22113925 |
| Jun 8, 2022 | Listed | $428,000 | MLS #HD22113925 |
| May 17, 2004 | Sold | $211,000 | Public Record |
| Nov 1, 1988 | Sold | $3,652,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $371,192 | $20,808 | $392,000 | $5,349 |
| 2024 | $371,192 | $20,808 | $392,000 | $5,752 |
| 2023 | $393,327 | $20,000 | $413,327 | $5,746 |
| 2022 | $237,342 | $46,880 | $284,222 | $4,032 |
| 2021 | $232,689 | $45,961 | $278,650 | $3,955 |
| 2020 | $216,382 | $42,848 | $259,230 | $3,591 |
| 2019 | $210,080 | $41,600 | $251,680 | $3,499 |
| 2018 | $202,000 | $40,000 | $242,000 | $3,407 |
| 2017 | $172,000 | $34,000 | $206,000 | $2,903 |
| 2016 | $164,000 | $32,000 | $196,000 | $2,676 |
| 2015 | $148,000 | $29,000 | $177,000 | $2,414 |
| 2014 | $148,000 | $29,000 | $177,000 | $2,445 |
| 2013 | $132,000 | $26,000 | $158,000 | $2,191 |
| 2012 | $113,000 | $22,000 | $135,000 | $1,847 |
| 2010 | $113,000 | $22,000 | $135,000 | $1,786 |
| 2009 | $145,000 | $29,000 | $174,000 | $2,330 |
| 2008 | $191,760 | $37,884 | $229,644 | $2,904 |
| 2007 | $188,000 | $37,142 | $225,142 | $2,840 |
Property facts
Year built
2004
Property type
single_family
Stories
2
Beds
2
Baths
3
Living area
1,835 sqft
Lot size
4,356 sqft
ZIP code
92220
City
Banning
Street
Rainbow Ln
Coordinates
33.91820, -116.90803
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,480
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2850 Rainbow Ln last sell?
2850 Rainbow Ln most recently sold on Sep 21, 2022 for $413,327.
What is the current tax assessment for 2850 Rainbow Ln?
The most recent total assessment for 2850 Rainbow Ln (year 2025) is $392,000 with $5,349 in property tax.
How does 2850 Rainbow Ln's assessment compare to its last sale price?
The current assessment is 5.2% below the last sale price of $413,327.
When was 2850 Rainbow Ln built?
2850 Rainbow Ln was built in 2004.
How does 2850 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 2850 Rainbow Ln?
2850 Rainbow Ln is a 2 bed, 3 bath, 1,835 sqft, 4,356 sqft lot single_family.
Is 2850 Rainbow Ln a flip candidate?
No — 2850 Rainbow Ln does not appear in our flips dataset.
Is 2850 Rainbow Ln a tax-appeal candidate?
No — 2850 Rainbow Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.4%
Implied 1-yr
-1.7%
2026 Q3
$345.3K
2026 Q4
$343.8K
ZIP 92220 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Rainbow Ln