Backup offers
$5,461 Closing Credit¹
#25001333, James Cicchese, Listing Office: Compass
#SR25021513·
Listing Office: Century 21 Doug Anderson·
Listing Agent: Israel Sanchez·
Listing Office Phone: 661-945-4521
$481,000 List price
531 Rainbow Ter Palmdale, CA 93551
$5,712
Closing credit¹
3 beds
2 full
1,176 sqft
0.2 acres
$409 / sqft
House
Property details
About 531 Rainbow Ter
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.
Highlights
Home typeSingle Family Residence
HeatingCentral, Natural Gas
StatusSale Pending
(Pending)
(Pending)
CoolingCentral Air
Size1,176 sqft
Lot size0.1581 Acres
Year built1984
ParkingDirect Access, Door-Single, Driveway, Garage Faces Front, Garage, Paved
MLS #SR25021513
Attached garage2 spaces
FireplaceFamily Room
ViewMountain(s), Neighborhood
Summary
- MLS Number: SR25021513
- MLS Name: CRMLS
- Office Name: Century 21 Doug Anderson
- Office Phone: (661) 945-4521
- Listing Agent: Israel Sanchez
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 11:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$481,000
531 Rainbow Ter
$5,712
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 02, 2022 | Home Sold | $211,000 |
| Feb 20, 2009 | Home Sold | $118,000 |
| Mar 31, 2006 | Home Sold | $340,000 |
| Jul 16, 2001 | Home Sold | $113,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $426,563 | $6,674 |
| 2023 | $418,200 | $6,547 |
| 2022 | $143,179 | $3,094 |
| 2021 | $140,372 | $3,003 |
| 2020 | $138,934 | $2,932 |
| 2019 | $136,211 | $2,880 |
| 2018 | $133,541 | $2,828 |
| 2017 | $130,924 | $2,828 |
History based on county public records data.
Nearby schools
3
Yucca Elementary School
Public District KG-5
0.9 mi
•38440 2nd St E
5
Palm Tree Elementary School
Public District KG-5
0.9 mi
•326 E Avenue R
6
Ocotillo Elementary School
Public District KG-5
1.1 mi
•38737 Ocotillo Sch Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $66,283. Most Palmdale, CA residents have annual incomes between $35k-100k. Most families are married, with kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
13%
<35k
63%
35k-100k
24%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
30%
Single, No Kids
15%
Single, with Kids
24%
Married, No Kids
31%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
12%
12-17 yrs old
25%
18-34 yrs old
40%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Minor League Baseball Games
NBA/WNBA
Hiking/backpacking
Where do the neighbors shop?
New York & Company
Nordstrom Rack
Chico's
Where do the neighbors go to eat?
Chick-fil-A
Qdoba
Chipotle
What do the neighbors drive?
Kia
Infiniti
Mazda
What do the neighbors listen to?
Talk/Personality
Active Rock- Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 531 Rainbow Ter
This home is located at 531 Rainbow Ter in Palmdale, CA and zip code 93551. This 1,176 square foot home, which was built in 1984, sits on a 0.16 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 30, 2025 and is currently priced at $481,000.
In February 2025, from all listings sold in Palmdale, CA there were more than 31 sold above asking price, over 23 sold below and more than 15 were sold right at the asked price. The number of listings in Palmdale, CA increased by 6.5% between January and February 2025. In February 2025, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $520,090.
From Rocket Homes Real Estate and based on county public records data.