33623 Short Rainbow Ln Shingletown, CA 96088

Get Owner Info
2 beds · 2 baths · 1,218 sq ft · Lot Size: 27,878 sq ft · Single Family Home
Est. Property Value: $233,960

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

33623 Short Rainbow Ln is in the 96088 neighborhood of Shingletown, CA. It is located in Shasta County and ZIP code 96088. This Single Family Home was built in 1986 and is approximately 39 years old. The single family home spans 1218 sq ft with 2 bedrooms and 2 bathrooms and sits on a 27878 sq ft lot. According to public records, it was last sold in 2021 for $257,000 and has a tax-assessed value of $266,040, which is $192 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 33623 Short Rainbow Ln Shingletown, CA 96088 with Property Intel by Whitepages.

Owners & Occupancy for 33623 Short Rainbow Ln

This property is owned by Jacob G Boegner. Owner contact information includes 10 phone numbers.

Property Owners

Cell Phone(650) ***-****View Cell Phone
Residence***************
Landline(650) 210-9349
Distance from Property**********

Occupancy

Current Occupancy*****View Occupancy
Resident 1*************** age 40

Property Financials for 33623 Short Rainbow Ln

33623 Short Rainbow Ln, Shingletown, CA has a mortgage from Commerce Hm Mtg (orig. March 02, 2021). The Shasta county assessment for 2024 values it at $266,040, with annual taxes of $2,955.

Mortgage & Equity Information

Loan Amount$******
LenderCommerce Hm Mtg
Origination DateMarch 02, 2021
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date**************
Equity View Equity

Property Tax

Purchase DateMarch 04, 2021
Property Tax Amount$2,955 in 2024
Purchase Price$257,000
Assessed Value$266,040 on 2024

Investment Potential for 33623 Short Rainbow Ln

The property has a current estimated value of $233,960, which is 8% below the zip median, based on public records. It last sold on March 04, 2021 for $257K. Projected long-term
is $45,000 annually ($3,750 per month) with a 76% occupancy rate.

Discover more Single Family Homes in 96088.

Long-Term

Gross Rental
$45,000 per year($3,750 per month)
Net Operating Income
Cap Rate
Occupancy Rate
76%in 96088 zip code
 
View Rental Potential

Property Details for 33623 Short Rainbow Ln

Property Details

Property Sq Ft

Living Area

1,218 sq ft

6% below market

Lot Size

27,878 sq ft

41% below market

Price Per Sq Ft

Living Area

$192 / sq ft

1% above market

Lot Size Area

$8 / sq ft

76% above market

Property condition, age, exterior, etc. for 33623 Shor…
Longitude: -121.799088 Latitude: 40.522162 Parcel Number (APN): 700-220-017-000…

Recommended Properties in 96088

Discover more single family homes near 33623 Short Rainbow Ln in Shingletown, California. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 33623 Short Rainbow Ln in Shasta County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$233,960
$537,632
-$303,672 (-56%)
$664,666
-$339,875 (-51%)
YoY Price Change
1.67%
116%
Year Built
1986
1952
34 years
Living Space
1,218 sq ft
1,134 sq ft
84 (7%)
$ Per Living Sq Ft
$192
$472
-$280 (-59%)
Lot Size
27,878 sq ft
6,300 sq ft
21578 (343%)
$ Per Lot Sq Ft
$8
$88
-$80 (-90%)

Net Operating Income
$29,277
$5,013 (17%)
Annual Revenue
$45,000
$45,600
-$600 (-1%)
$12,843
-$2,133 (-17%)
Net Operating Income
$29,277
$5,013 (17%)
Cap Rate
5.07%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

Find More Housing Markets Near Shingletown

Nearby Cities