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3030 Rainbow Ln

Banning, CA 92220

2 bd 2 ba 1,092 sqft Built 1995 Lot 4,356 sqft single_family
Most recent sale
$325,000
Mar 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 16, 2022 Sold $325,000 MLS #IG22014100
Jan 27, 2022 Listed $319,777 MLS #IG22014100
Mar 10, 2018 Sold $194,000 MLS #OC18017690
Jan 24, 2018 Listed $198,000 MLS #OC18017690
Sep 26, 2000 Sold $77,500 Public Record
Apr 16, 1996 Sold $89,000 Public Record
Nov 1, 1988 Sold $3,652,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $323,668 $21,224 $344,892 $5,034
2024 $323,668 $21,224 $344,892 $4,703
2023 $311,100 $20,400 $331,500 $4,700
2022 $186,776 $21,443 $208,219 $2,873
2021 $183,114 $21,023 $204,137 $2,816
2020 $181,237 $20,808 $202,045 $2,791
2019 $177,684 $20,400 $198,084 $2,745
2018 $89,381 $13,231 $102,612 $1,420
2017 $87,629 $12,972 $100,601 $1,394
2016 $85,911 $12,718 $98,629 $1,325
2015 $84,621 $12,528 $97,149 $1,305
2014 $82,964 $12,284 $95,248 $1,295
2013 $82,590 $12,230 $94,820 $1,296
2012 $80,971 $11,991 $92,962 $1,257
2010 $68,000 $10,000 $78,000 $1,013
2009 $78,980 $11,698 $90,678 $1,192
2008 $77,432 $11,469 $88,901 $1,100
2007 $75,914 $11,245 $87,159 $1,074

Property facts

Year built
1995
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,092 sqft
Lot size
4,356 sqft
ZIP code
92220
City
Banning
Street
Rainbow Ln
Coordinates
33.91819, -116.91001

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,494
Gross rental yield
12.90%
Implied cap rate
8.39%
Trend-extrapolated value

Frequently asked questions

When did 3030 Rainbow Ln last sell?
3030 Rainbow Ln most recently sold on Mar 16, 2022 for $325,000.
What is the current tax assessment for 3030 Rainbow Ln?
The most recent total assessment for 3030 Rainbow Ln (year 2025) is $344,892 with $5,034 in property tax.
How does 3030 Rainbow Ln's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $325,000.
When was 3030 Rainbow Ln built?
3030 Rainbow Ln was built in 1995.
How does 3030 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 3030 Rainbow Ln?
3030 Rainbow Ln is a 2 bed, 2 bath, 1,092 sqft, 4,356 sqft lot single_family.
Is 3030 Rainbow Ln a flip candidate?
No — 3030 Rainbow Ln does not appear in our flips dataset.
Is 3030 Rainbow Ln a tax-appeal candidate?
No — 3030 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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