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78291 Rainbow Dr

Palm Desert, CA 92211

2 bd 3 ba 1,647 sqft Built 1992 Lot 6,534 sqft single_family
Most recent sale
$825,000
Sep 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 12, 2022 Sold $825,000 MLS #219082416
Aug 18, 2022 Price changed $829,000 MLS #219082416
Jul 30, 2022 Listed $839,000 MLS #219082416
Jul 7, 2022 Sold $825,000 MLS #219079875
Jun 6, 2022 Listed $749,900 MLS #219079875
May 30, 2013 Sold $432,000 Public Record
Apr 1, 2013 Sold $432,000 MLS #21472546
Mar 19, 2013 Listed $459,000 MLS #21472546

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $814,633 $43,696 $858,329 $10,948
2024 $814,633 $43,696 $858,329 $10,710
2023 $783,000 $42,000 $825,000 $10,479
2022 $315,622 $185,659 $501,281 $6,403
2021 $309,434 $182,019 $491,453 $6,259
2020 $306,262 $180,153 $486,415 $6,145
2019 $300,257 $176,621 $476,878 $6,029
2018 $294,370 $173,158 $467,528 $5,916
2017 $288,599 $169,763 $458,362 $5,816
2016 $282,941 $166,435 $449,376 $5,695
2015 $278,692 $163,936 $442,628 $5,714
2014 $273,234 $160,726 $433,960 $5,620
2013 $261,000 $119,000 $380,000 $5,028
2012 $234,000 $106,000 $340,000 $4,472
2010 $251,779 $114,444 $366,223 $4,750
2009 $252,378 $114,717 $367,095 $4,597
2008 $247,430 $112,468 $359,898 $4,438
2007 $242,579 $110,263 $352,842 $4,344

Property facts

Year built
1992
Property type
single_family
Stories
1
Beds
2
Baths
3
Living area
1,647 sqft
Lot size
6,534 sqft
ZIP code
92211
City
Palm Desert
Street
Rainbow Dr
Coordinates
33.77325, -116.29574

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
$5,270
Gross rental yield
7.67%
Implied cap rate
4.98%
Trend-extrapolated value

Frequently asked questions

When did 78291 Rainbow Dr last sell?
78291 Rainbow Dr most recently sold on Sep 12, 2022 for $825,000.
What is the current tax assessment for 78291 Rainbow Dr?
The most recent total assessment for 78291 Rainbow Dr (year 2025) is $858,329 with $10,948 in property tax.
How does 78291 Rainbow Dr's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $825,000.
When was 78291 Rainbow Dr built?
78291 Rainbow Dr was built in 1992.
How does 78291 Rainbow Dr compare to others on Rainbow Dr?
We track 8 other properties on Rainbow Dr. Browse the list under "Other properties on Rainbow Dr" to compare beds, baths, and sale history.
What are the property facts for 78291 Rainbow Dr?
78291 Rainbow Dr is a 2 bed, 3 bath, 1,647 sqft, 6,534 sqft lot single_family.
Is 78291 Rainbow Dr a flip candidate?
No — 78291 Rainbow Dr does not appear in our flips dataset.
Is 78291 Rainbow Dr a tax-appeal candidate?
No — 78291 Rainbow Dr 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
-1.5%
2026 Q3
$615.7K
2026 Q4
$613.3K
ZIP 92211 — Median Price History + Forecast

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