Welcome to 531 Rainbow Terrace! This beautiful, move-in ready home offers 3 bedrooms, and 2 full bathrooms. As you make your way inside you will find NEW carpet throughout the family room, hallways, and bedrooms, as well as NEW laminate flooring in the kitchen, dining area, and bathrooms. As you make your way towards the kitchen you will find NEW beautiful quartz counter tops, NEW kitchen steel appliances, NEW white cabinetry, and NEW fixtures. The bathrooms offer NEW vanities, NEW toilets, and refurbished showers. The entire interior offers a fresh coat of paint. The backyard offers a covered patio, perfect for entertainment. Best part of all, this home sweet home is conveniently located minutes away from shopping centers, restaurants, Manzanita Heights Park, Palmdale Regional Medical Center, and very easy access to the north, and south freeway. This home is ready for you, and your family to make it your very own home sweet home.
Sold for $481,000
$481,000
531 Rainbow Ter, Palmdale, CA 93551
3beds
1,176sqft
Single Family Residence
Built in 1984
6,969.6 Square Feet Lot
$476,000 Zestimate®
$409/sqft
$2,811 Estimated rent
Home value
$476,000
$428,000 - $528,000
$2,811/mo
Zestimate® history
Owner options
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$2,811/mo
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$2,811/mo
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$3,067/mo
Est. payment
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$3,067/mo
Est. payment
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List your homeWhat's special
New toiletsNew fixturesNew laminate flooringFresh coat of paintNew carpetNew white cabinetryRefurbished showers
Zillow last checked:
Listing updated:
Listed by:
Israel Sanchez DRE #01854308 661-470-3763,
Century 21 Doug Anderson
Bought with:
Julio Villatoro, DRE #02015957
Keller Williams Realty A.V.
Source: GAVAR,MLS#: 25000723
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwasher, Gas Range, None
- Laundry: In Garage
Features
- Flooring: Carpet, Laminate
- Has fireplace: Yes
- Fireplace features: Family Room
Interior area
- Total structure area: 1,176
- Total interior livable area: 1,176 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Stories: 1
- Patio & porch: Covered, Slab
- Pool features: None
- Fencing: Back Yard,Front Yard,Wood
Lot
- Size: 6,969 sqft
- Features: Rectangular Lot
Details
- Parcel number: 3004024038
- Zoning: PDR17000*
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Spanish
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Siding
- Foundation: Slab
- Roof: Tile
Condition
- Year built: 1984
Utilities & green energy
- Water: Public
- Utilities for property: Natural Gas Available
Community & neighborhood
Location
- Region: Palmdale
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: VA Loan,Cash,Conventional,FHA
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/18/2025 | Sold | $481,000$409/sqft |
Source:  GAVAR #25000723 Report a problem | ||
| 2/26/2025 | Listing removed | $3,500$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/26/2025 | Pending sale | $481,000$409/sqft |
Source:  CRMLS #SR25021513 Report a problem | ||
| 2/25/2025 | Price change | $481,000+2.4%$409/sqft |
Source: GAVAR #25000723 Report a problem | ||
| 2/25/2025 | Pending sale | $469,900$400/sqft |
Source: GAVAR #25000723 Report a problem | ||
| 1/30/2025 | Listed for sale | $469,900+122.7%$400/sqft |
Source: GAVAR #25000723 Report a problem | ||
| 12/18/2024 | Price change | $3,500+27.3%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/11/2024 | Listed for rent | $2,750$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/2/2022 | Sold | $211,000+37.9%$179/sqft |
Source: Public Record Report a problem | ||
| 2/2/2009 | Sold | $153,000+29.7%$130/sqft |
Source: Public Record Report a problem | ||
| 1/28/2009 | Listed for sale | $118,000-63.1%$100/sqft |
Source: Assist-2-Sell, Inc. Report a problem | ||
| 1/15/2009 | Listing removed | $320,000$272/sqft |
Source: Listhub #F1763041 Report a problem | ||
| 8/23/2008 | Listed for sale | $320,000-5.9%$272/sqft |
Source: Listhub #F1763041 Report a problem | ||
| 3/31/2006 | Sold | $340,000+200.9%$289/sqft |
Source: Public Record Report a problem | ||
| 7/16/2001 | Sold | $113,000$96/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,502 +12.4% | $435,093 +2% |
| 2024 | $6,675 +1.9% | $426,563 +2% |
| 2023 | $6,548 +3.6% | $418,200 +192.1% |
| 2022 | $6,322 +110.5% | $143,179 +2% |
| 2021 | $3,004 +0.9% | $140,372 +1% |
| 2020 | $2,976 | $138,934 +2% |
| 2019 | $2,976 +3.3% | $136,211 +2% |
| 2018 | $2,881 | $133,541 +2% |
| 2017 | $2,881 +1.9% | $130,924 +2% |
| 2016 | $2,829 +5.1% | $128,358 +1.5% |
| 2015 | $2,691 +2.6% | $126,431 +2% |
| 2014 | $2,623 | $123,955 +5.9% |
| 2012 | -- | $117,000 -1.4% |
| 2011 | -- | $118,606 +0.8% |
| 2010 | -- | $117,720 -37% |
| 2009 | -- | $186,966 -40.4% |
| 2008 | -- | $313,900 -9.5% |
| 2007 | -- | $346,800 +183.9% |
| 2006 | -- | $122,153 |
| 2005 | -- | $122,153 +4% |
| 2004 | -- | $117,411 +1.9% |
| 2003 | -- | $115,260 +2% |
| 2002 | -- | $113,000 +28.4% |
| 2000 | -- | $88,000 |
Find assessor info on the county website
Neighborhood: 93551
Nearby schools
GreatSchools rating
- 4/10Ocotillo Elementary SchoolGrades: K-5Distance: 1.1 mi
- 2/10David G. Millen IntermediateGrades: 6-8Distance: 2.3 mi
- 4/10Highland High SchoolGrades: 9-12Distance: 2.4 mi
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Estimated market value
$476,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$476,000
- California
- Los Angeles County
- Palmdale
- 93551
- 531 Rainbow Ter
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