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8689 Rainbow Ave

Kings Beach, CA 96143

5 bd 3 ba 1,874 sqft Built 1954 Lot 6,176 sqft multi_family
Most recent sale
$1,399,000
Oct 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 6, 2024 Listed for rent $1,400 AppfolioUnits
Mar 7, 2023 Listed for rent $1,650 AppfolioUnits
Oct 17, 2022 Sold $1,399,000 Public Record
Aug 18, 2022 Listed $1,399,000 MLS #20221868
Jun 6, 2022 Listing removed $675,000 TahoeSierra
Mar 26, 2021 Sold $790,000 Public Record
Dec 31, 2020 Listed $790,000 MLS #20203771
Dec 21, 2018 Listing removed $675,000 TahoeSierra
Dec 19, 2018 Sold $665,000 Public Record
Nov 7, 2018 Listed $675,000 MLS #20182973
Oct 31, 2018 Listed $675,000 MLS #20182946
Aug 27, 1997 Sold $240,000 Public Record
Jul 14, 1995 Sold $225,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,195,419 $260,100 $1,455,519 $17,380
2024 $1,195,419 $260,100 $1,455,519 $16,782
2023 $1,149,000 $250,000 $1,399,000 $16,613
2022 $576,300 $229,500 $805,800 $10,030
2021 $504,977 $180,349 $685,326 $8,636
2020 $499,800 $178,500 $678,300 $8,565
2019 $490,000 $175,000 $665,000 $8,639
2018 $196,455 $28,058 $224,513 $3,110
2017 $192,603 $27,508 $220,111 $3,051
2016 $188,827 $26,969 $215,796 $3,012
2015 $185,991 $26,564 $212,555 $2,953
2014 $182,348 $26,044 $208,392 $2,872
2013 $181,524 $25,927 $207,451 $2,865
2012 $177,965 $25,419 $203,384 $2,868
2010 $173,173 $24,735 $197,908 $2,731
2009 $173,173 $24,735 $197,908 $2,695
2008 $170,182 $24,308 $194,490 $2,643
2007 $166,846 $23,832 $190,678 $2,485

Property facts

Year built
1954
Property type
multi_family
Stories
Beds
5
Baths
3
Living area
1,874 sqft
Lot size
6,176 sqft
ZIP code
96143
City
Kings Beach
Street
Rainbow Ave
Coordinates
39.23865, -120.01980

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,997
Gross rental yield
5.14%
Implied cap rate
3.34%
Trend-extrapolated value

Frequently asked questions

When did 8689 Rainbow Ave last sell?
8689 Rainbow Ave most recently sold on Oct 17, 2022 for $1,399,000.
What is the current tax assessment for 8689 Rainbow Ave?
The most recent total assessment for 8689 Rainbow Ave (year 2025) is $1,455,519 with $17,380 in property tax.
How does 8689 Rainbow Ave's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $1,399,000.
When was 8689 Rainbow Ave built?
8689 Rainbow Ave was built in 1954.
How does 8689 Rainbow Ave compare to others on Rainbow Ave?
We track 8 other properties on Rainbow Ave. Browse the list under "Other properties on Rainbow Ave" to compare beds, baths, and sale history.
What are the property facts for 8689 Rainbow Ave?
8689 Rainbow Ave is a 5 bed, 3 bath, 1,874 sqft, 6,176 sqft lot multi_family.
Is 8689 Rainbow Ave a flip candidate?
Yes — 8689 Rainbow Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 8689 Rainbow Ave a tax-appeal candidate?
No — 8689 Rainbow Ave 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
-6.8%
Implied 1-yr
-27.1%
2026 Q2
$484.4K
2026 Q3
$425.8K
ZIP 96143 — Median Price History + Forecast

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