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34 Rainbow Lk

Irvine, CA 92614

3 bd 3 ba 2,225 sqft Built 1985 Lot 2,178 sqft condos
Most recent sale
$1,250,000
Aug 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 16, 2022 Sold $1,250,000 MLS #219081753
Jul 17, 2022 Price changed $1,299,980 MLS #219081753
Jul 12, 2022 Listed $1,350,000 MLS #219081753
Sep 13, 2000 Sold $399,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $222,879 $1,077,621 $1,300,500 $13,881
2024 $222,879 $1,077,621 $1,300,500 $13,597
2023 $214,225 $1,035,775 $1,250,000 $13,249
2022 $239,813 $326,733 $566,546 $5,965
2021 $235,111 $320,327 $555,438 $5,831
2020 $232,701 $317,042 $549,743 $5,797
2019 $228,139 $310,825 $538,964 $5,668
2018 $223,666 $304,731 $528,397 $5,565
2017 $219,281 $298,756 $518,037 $5,449
2016 $214,982 $292,898 $507,880 $5,206
2015 $211,753 $288,499 $500,252 $5,127
2014 $207,606 $282,847 $490,453 $5,026
2013 $206,668 $281,569 $488,237 $5,009
2012 $202,616 $276,048 $478,664 $4,911
2011 $198,644 $270,635 $469,279 $4,815
2010 $197,160 $268,612 $465,772 $4,780
2009 $197,629 $269,251 $466,880 $4,793
2008 $193,754 $263,972 $457,726 $4,655
2007 $189,955 $258,796 $448,751 $4,562

Property facts

Year built
1985
Property type
condos
Stories
2
Beds
3
Baths
3
Living area
2,225 sqft
Lot size
2,178 sqft
ZIP code
92614
City
Irvine
Street
Rainbow Lk
Coordinates
33.66799, -117.80237

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,120
Gross rental yield
6.84%
Implied cap rate
4.44%
Trend-extrapolated value

Frequently asked questions

When did 34 Rainbow Lk last sell?
34 Rainbow Lk most recently sold on Aug 16, 2022 for $1,250,000.
What is the current tax assessment for 34 Rainbow Lk?
The most recent total assessment for 34 Rainbow Lk (year 2025) is $1,300,500 with $13,881 in property tax.
How does 34 Rainbow Lk's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $1,250,000.
When was 34 Rainbow Lk built?
34 Rainbow Lk was built in 1985.
How does 34 Rainbow Lk compare to others on Rainbow Lk?
We track 5 other properties on Rainbow Lk. Browse the list under "Other properties on Rainbow Lk" to compare beds, baths, and sale history.
What are the property facts for 34 Rainbow Lk?
34 Rainbow Lk is a 3 bed, 3 bath, 2,225 sqft, 2,178 sqft lot condos.
Is 34 Rainbow Lk a flip candidate?
No — 34 Rainbow Lk does not appear in our flips dataset.
Is 34 Rainbow Lk a tax-appeal candidate?
No — 34 Rainbow Lk 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
-4.4%
Implied 1-yr
-17.4%
2026 Q3
$858.3K
2026 Q4
$806.4K
ZIP 92614 — Median Price History + Forecast

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