2531 Rainbow Ln
Redding, CA 96002
3 bd 2 ba 1,690 sqft Built 2022 Lot 10,019 sqft single_family
Most recent sale
$61,000
Mar 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 1, 2025 | Sold | $430,000 | ShastaCounty |
| Nov 16, 2022 | Sold | $452,450 | ShastaCounty |
| Aug 31, 2022 | Price changed | $459,900 | MLS #22-3057 |
| Jul 13, 2022 | Price changed | $499,900 | MLS #22-3057 |
| Jun 17, 2022 | Listed | $509,900 | MLS #22-3057 |
| Mar 29, 2022 | Sold | $61,000 | MLS #22-661 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $303,451 | $55,532 | $358,983 | $3,874 |
| 2024 | $303,451 | $55,532 | $358,983 | $3,815 |
| 2023 | — | $62,220 | $62,220 | $3,760 |
| 2022 | — | $11,592 | $11,592 | $145 |
| 2021 | — | $11,365 | $11,365 | $124 |
| 2020 | — | $11,249 | $11,249 | $124 |
| 2019 | — | $11,029 | $11,029 | $123 |
| 2018 | — | $10,813 | $10,813 | $122 |
| 2017 | — | $10,601 | $10,601 | $124 |
| 2016 | — | $10,394 | $10,394 | $116 |
| 2015 | — | $10,238 | $10,238 | $115 |
| 2014 | — | $10,038 | $10,038 | $114 |
| 2013 | — | $9,993 | $9,993 | $112 |
| 2012 | — | $9,798 | $9,798 | $107 |
| 2011 | — | $9,606 | $9,606 | $112 |
| 2010 | — | $9,535 | $9,535 | $110 |
| 2009 | — | $9,558 | $9,558 | $108 |
| 2008 | — | $9,371 | $9,371 | $104 |
Property facts
Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,690 sqft
Lot size
10,019 sqft
ZIP code
96002
City
Redding
Street
Rainbow Ln
Coordinates
40.57058, -122.32397
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$366
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2531 Rainbow Ln last sell?
2531 Rainbow Ln most recently sold on Mar 29, 2022 for $61,000.
What is the current tax assessment for 2531 Rainbow Ln?
The most recent total assessment for 2531 Rainbow Ln (year 2025) is $358,983 with $3,874 in property tax.
How does 2531 Rainbow Ln's assessment compare to its last sale price?
The current assessment is 488.5% above the last sale price of $61,000.
When was 2531 Rainbow Ln built?
2531 Rainbow Ln was built in 2022.
How does 2531 Rainbow Ln compare to others on Rainbow Ln?
We track 7 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 2531 Rainbow Ln?
2531 Rainbow Ln is a 3 bed, 2 bath, 1,690 sqft, 10,019 sqft lot single_family.
Is 2531 Rainbow Ln a flip candidate?
Yes — 2531 Rainbow Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2531 Rainbow Ln a tax-appeal candidate?
No — 2531 Rainbow Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.9%
Implied 1-yr
-3.4%
2026 Q3
$359.9K
2026 Q4
$356.6K
ZIP 96002 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Rainbow Ln