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2605 Rainbow Ln

Redding, CA 96002

2 bd 2 ba 1,224 sqft Built 1976 Lot 6,098 sqft single_family
Most recent sale
$330,000
Apr 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $330,000 CRMLS
Apr 28, 2022 Sold $330,000 MLS #20220234
Mar 19, 2022 Listed $319,900 MLS #OR22055021
Mar 18, 2022 Listed $319,900 MLS #20220234

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $291,832 $58,366 $350,198 $3,855
2024 $291,832 $58,366 $350,198 $3,797
2023 $280,500 $56,100 $336,600 $3,744
2022 $100,508 $25,050 $125,558 $1,332
2021 $98,538 $24,559 $123,097 $1,285
2020 $97,528 $24,308 $121,836 $1,278
2019 $95,616 $23,832 $119,448 $1,266
2018 $93,742 $23,365 $117,107 $1,250
2017 $91,904 $22,907 $114,811 $1,270
2016 $90,102 $22,458 $112,560 $1,187
2015 $88,749 $22,121 $110,870 $1,176
2014 $87,011 $21,688 $108,699 $1,166
2013 $86,618 $21,590 $108,208 $1,125
2012 $84,920 $21,167 $106,087 $1,079
2011 $83,255 $20,752 $104,007 $1,126
2010 $82,633 $20,597 $103,230 $1,109
2009 $82,830 $20,646 $103,476 $1,081
2008 $81,206 $20,242 $101,448 $1,047
2007 $79,614 $19,846 $99,460 $1,000

Property facts

Year built
1976
Property type
single_family
Stories
Beds
2
Baths
2
Living area
1,224 sqft
Lot size
6,098 sqft
ZIP code
96002
City
Redding
Street
Rainbow Ln
Coordinates
40.56917, -122.32411

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,917
Gross rental yield
14.24%
Implied cap rate
9.26%
Trend-extrapolated value

Frequently asked questions

When did 2605 Rainbow Ln last sell?
2605 Rainbow Ln most recently sold on Apr 28, 2022 for $330,000.
What is the current tax assessment for 2605 Rainbow Ln?
The most recent total assessment for 2605 Rainbow Ln (year 2025) is $350,198 with $3,855 in property tax.
How does 2605 Rainbow Ln's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $330,000.
When was 2605 Rainbow Ln built?
2605 Rainbow Ln was built in 1976.
How does 2605 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 2605 Rainbow Ln?
2605 Rainbow Ln is a 2 bed, 2 bath, 1,224 sqft, 6,098 sqft lot single_family.
Is 2605 Rainbow Ln a flip candidate?
No — 2605 Rainbow Ln does not appear in our flips dataset.
Is 2605 Rainbow Ln a tax-appeal candidate?
No — 2605 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
-0.9%
Implied 1-yr
-3.4%
2026 Q3
$359.9K
2026 Q4
$356.6K
ZIP 96002 — Median Price History + Forecast

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