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1855 Rainbow Ln

Modesto, CA 95351

4 bd 2 ba 1,425 sqft Built 1950 Lot 20,125 sqft single_family
Most recent sale
$399,000
Jun 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 11, 2023 Price changed for rent $2,350 TenantTurner
Mar 30, 2023 Listed for rent $2,550 Zumper
Jun 14, 2022 Sold $399,000 MLS #222049863
Apr 25, 2022 Listed $399,000 MLS #222049863
Sep 11, 2009 Sold $65,000 Public Record
Aug 26, 2009 Listing removed $59,900 MetroList
Aug 21, 2009 Listed $59,900 MLS #90064759
Dec 16, 2005 Sold $375,000 Public Record
Nov 18, 1991 Sold $95,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $137,425 $285,994 $423,419 $5,063
2024 $137,425 $285,994 $423,419 $4,753
2023 $132,090 $274,890 $406,980 $4,627
2022 $42,567 $36,485 $79,052 $1,000
2021 $41,733 $35,770 $77,503 $992
2020 $41,306 $35,404 $76,710 $965
2019 $40,497 $34,710 $75,207 $960
2018 $39,703 $34,030 $73,733 $942
2017 $38,925 $33,363 $72,288 $936
2016 $38,162 $32,709 $70,871 $919
2015 $37,589 $32,218 $69,807 $908
2014 $36,853 $31,587 $68,440 $891
2013 $36,687 $31,445 $68,132 $887
2012 $35,968 $30,829 $66,797 $874
2010 $35,000 $30,000 $65,000 $837
2009 $35,000 $30,000 $65,000 $1,489
2008 $154,500 $51,500 $206,000 $2,195
2007 $204,000 $178,500 $382,500 $3,983

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,425 sqft
Lot size
20,125 sqft
ZIP code
95351
City
Modesto
Street
Rainbow Ln
Coordinates
37.61975, -120.96360

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,560
Gross rental yield
13.71%
Implied cap rate
8.91%
Trend-extrapolated value

Frequently asked questions

When did 1855 Rainbow Ln last sell?
1855 Rainbow Ln most recently sold on Jun 14, 2022 for $399,000.
What is the current tax assessment for 1855 Rainbow Ln?
The most recent total assessment for 1855 Rainbow Ln (year 2025) is $423,419 with $5,063 in property tax.
How does 1855 Rainbow Ln's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $399,000.
When was 1855 Rainbow Ln built?
1855 Rainbow Ln was built in 1950.
How does 1855 Rainbow Ln compare to others on Rainbow Ln?
We track 2 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 1855 Rainbow Ln?
1855 Rainbow Ln is a 4 bed, 2 bath, 1,425 sqft, 20,125 sqft lot single_family.
Is 1855 Rainbow Ln a flip candidate?
No — 1855 Rainbow Ln does not appear in our flips dataset.
Is 1855 Rainbow Ln a tax-appeal candidate?
No — 1855 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
-1.0%
Implied 1-yr
-4.1%
2026 Q3
$357.5K
2026 Q4
$357.5K
ZIP 95351 — Median Price History + Forecast

Explore nearby

Other properties on Rainbow Ln