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12481 Rainbow Dr

Truckee, CA 96161

3 bd 2 ba 1,448 sqft Built 1978 Lot 14,375 sqft single_family
Most recent sale
$900,000
Jun 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 8, 2025 Sold $942,000 TahoeSierra
Jun 24, 2022 Sold $900,000 Public Record
May 13, 2022 Listed $899,000 MLS #20220871
May 13, 1999 Sold $173,000 Public Record
Apr 23, 1996 Sold $153,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $671,160 $191,760 $862,920 $9,955
2024 $671,160 $191,760 $862,920 $9,754
2023 $658,000 $188,000 $846,000 $9,914
2022 $212,721 $42,828 $255,549 $3,597
2021 $208,550 $41,989 $250,539 $3,317
2020 $206,412 $41,559 $247,971 $3,298
2019 $202,365 $40,745 $243,110 $3,286
2018 $198,398 $39,947 $238,345 $3,155
2017 $194,508 $39,164 $233,672 $3,068
2016 $190,695 $38,397 $229,092 $3,047
2015 $187,831 $37,821 $225,652 $2,976
2014 $184,152 $37,081 $221,233 $2,858
2013 $183,320 $36,914 $220,234 $2,860
2012 $179,726 $36,191 $215,917 $2,800
2011 $174,886 $35,217 $210,103 $2,655
2010 $174,886 $35,217 $210,103 $2,616
2009 $175,302 $35,301 $210,603 $2,582
2008 $171,865 $34,609 $206,474 $2,511
2007 $168,496 $33,931 $202,427 $2,404

Property facts

Year built
1978
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,448 sqft
Lot size
14,375 sqft
ZIP code
96161
City
Truckee
Street
Rainbow Dr
Coordinates
39.36477, -120.17116

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
$4,634
Gross rental yield
6.18%
Implied cap rate
4.02%
Trend-extrapolated value

Frequently asked questions

When did 12481 Rainbow Dr last sell?
12481 Rainbow Dr most recently sold on Jun 24, 2022 for $900,000.
What is the current tax assessment for 12481 Rainbow Dr?
The most recent total assessment for 12481 Rainbow Dr (year 2025) is $862,920 with $9,955 in property tax.
How does 12481 Rainbow Dr's assessment compare to its last sale price?
The current assessment is 4.1% below the last sale price of $900,000.
When was 12481 Rainbow Dr built?
12481 Rainbow Dr was built in 1978.
How does 12481 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 12481 Rainbow Dr?
12481 Rainbow Dr is a 3 bed, 2 bath, 1,448 sqft, 14,375 sqft lot single_family.
Is 12481 Rainbow Dr a flip candidate?
No — 12481 Rainbow Dr does not appear in our flips dataset.
Is 12481 Rainbow Dr a tax-appeal candidate?
No — 12481 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
+0.6%
Implied 1-yr
+2.6%
2026 Q3
$1.53M
2026 Q4
$1.54M
ZIP 96161 — Median Price History + Forecast

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