Orange County » 92603 » Rainbow Fls » 1 Rainbow Fls

1 Rainbow Fls, Irvine, CA 92603 - Property report

Also known as: 31 Cool Brk

Property image for 1 Rainbow Fls, Irvine, CA 92603

Property type

Single Family Residential (1)

Year built

1976

Acreage

0.842

Sale price

$1,090,000

General Information

Address

Primary address

1 Rainbow Fls
Irvine, CA 92603

Alternate address(es)

3 Rainbow Fls
31 Cool Brk
33 Cool Brk

Zip code

92603

Neighborhood

Turtle Rock

County

Orange

Municipality

Irvine

Building

Property type

Single Family Residential

Unit sq. ft.

1,934

Year built

1976

Bedrooms

Bathrooms

Pool

Sales

Sale date

05/28/2021

Sale price

$1,090,000

Arm's length

Tax

Tax year

2026-2027

Property tax

$12,734

Tax per sq. ft.

Zoning & use

Zoning

Low Density Residential (2.2)

Lot

Acreage

0.842

Area overview

Walk score

20 /100. Car-Dependent

Transit score

25 /100. Some Transit

Bike score

51 /100. Bikeable

Ownership

Ownership information for 1 Rainbow Fls, Irvine, CA

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 1 Rainbow Fls, Irvine, CA 92603

Sale date	Sale price	Buyer name	Seller name
05/28/2021	$1,090,000	XX XXXX-XXXX XX; XX XXXXX-XXX XX	XXXXXXX XXXX XXXXXX
03/25/2008	$706,000	XXXXXXXXX, XXXX & XXXXXX	XX, XXXX-XXXX & XX X XXXXX
12/16/1999	$370,000	XXXXX, XXXXXXX X & XXXXXX X	XXXXXXXXX, XXXX X & XXXXXX X

*Most recent sales on record for this property.

More about Orange County property records.

Title documents

Date	Type	Party 1	Party 2
08/01/2022	Individual Grant Deed	XXXXXXX XXXX XXXXXX	XXXXXXX XXXX X XX
06/23/2021	Reconveyance		XX XXXX-XXXX XX
05/28/2021	Trust Deed	XXXXXXX XXXX XXXXXX	XXXXXXXX XXXX XXX
05/28/2021	Grant Deed	XX XXXX-XXXX XX	XXXXXXX XXXX XXXXXX
05/28/2021	Interspousal Transfer Grant Deed	XXXXXXXX XXXXXX	XXXXXXX XXXX XXXXXX
11/18/2015	Request Notice	XXXXX XX
08/10/2015	Trust Deed	XX XXXX-XXXX XX	XXXXX XX
08/05/2015	Reconveyance		XX XXXX-XXXX XX
06/30/2015	Grant Deed	XX XXXX XXXX	XX XXXX-XXXX XX
06/29/2015	Trust Deed	XX XXXX XXXX	XXXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1 Rainbow Fls, Irvine, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2026-2027

Base tax

$12,734

Current property tax

$12,662

Tax per sq. ft.

Recent tax assessments

Market value

$1,203,447

Land value

$1,023,766

Building value

$179,681

More about Orange County Property Taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Assessed value	Tax rate	Property tax	Y-o-Y change
2025-2026	$1,179,850	1.0623	$12,484	+2.04%
2024-2025	$1,156,716	1.0619	$12,235	+2.63%
2023-2024	$1,134,036	1.0554	$11,921	+1.82%
2022-2023	$1,111,800	1.0573	$11,709	+30.40%
2021-2022	$856,717	1.0546	$8,979	+0.57%
2020-2021	$847,933	1.05952	$8,928	+2.26%
2019-2020	$831,307	1.05683	$8,731	-0.29%
2018-2019	$815,007	1.0875	$8,756	+4.17%
2017-2018	$799,027	1.0586	$8,406	+2.56%
2016-2017	$783,360	1.0595	$8,197	+15.08%

Permits

Permit information for 1 Rainbow Fls, Irvine, CA

Issued date	Permit number	Permit type	Sub type	Valuation	Finaled date	Status
05/10/2026
09/13/2017

*Most recent permits on record for this property.

Neighborhood

Irvine residential market stats

Access a detailed real estate market overview of Irvine so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Irvine and compare it to other neighborhoods in Orange.

Median sale price

$1,540,000

-8.3% Y-o-Y

Median price/sq. ft.

$817

-2.6% Y-o-Y

Orange county median sale price

$1,199,500

3.4% Y-o-Y

Check out recently sold homes in Irvine and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map

Transportation

Daily traffic map

View daily traffic map

Access the detailed traffic volume map for 1 Rainbow Fls, Irvine, CA 92603 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Schools

Nearest elementary schools

Name	Rating	Type	Grade range	No of students	Distance (miles)
Turtle Rock Private Kindergarten	NR	Private	PK-K	221	0.15
Turtle Rock Private Kindergarten	NR	Private	PK-K	221	0.15
Turtle Rock Elementary School	8	Public	K-6	835	0.19
Village Montessori of Irvine School	NR	Private	PK-3	93	0.98
Village Montessori of Irvine School	NR	Private	PK-3	93	0.98
Bonita Canyon Elementary School	9	Public	K-6	404	0.98
University Park Elementary School	7	Public	K-6	496	1.03
Tarbut V'torah Community Day School	NR	Private	K-12	624	1.28
Meadow Park School	9	Public	K-6	602	1.64
Culverdale Elementary School	7	Public	K-6	575	1.93

Nearest middle schools

Name	Rating	Type	Grade range	No of students	Distance (miles)
Halstrom Academy - Newport Beach	NR	Private	6-12	89	1.05
Rancho San Joaquin Middle School	8	Public	7-8	807	1.12
Tarbut V'torah Community Day School	NR	Private	K-12	624	1.28
South Lake Middle School	9	Public	7-8	601	1.49
The Craig School	NR	Private	3-8	0	1.90
Pacific Academy	NR	Private	K-12	140	2.02
Mardan School	NR	Private	1-12	73	2.32
Vista Verde	9	Public	K-8	801	2.43
Lakeside Middle School	8	Public	7-8	635	2.78
Irvine Adult	NR	Public		0	2.90

Nearest high schools

Name	Rating	Type	Grade range	No of students	Distance (miles)
University High School	9	Public	9-12	2,164	0.44
Halstrom Academy - Newport Beach	NR	Private	6-12	89	1.05
Tarbut V'torah Community Day School	NR	Private	K-12	624	1.28
California University Fce High School	NR	Private	9-12	80	1.32
Pacific Academy	NR	Private	K-12	140	2.02
Woodbridge High School	8	Public	9-12	2,218	2.18
Mardan School	NR	Private	1-12	73	2.32
Irvine Adult Transition Programs	NR	Public	12	99	2.37
Irvine Adult	NR	Public		0	2.90
Alternative Education-San Joaquin High School	7	Public	K-12	182	2.90

Nearby ZIP codes for 1 Rainbow Fls, Irvine, CA

92604, Orange County, CA 92606, Orange County, CA 92617, Orange County, CA 92618, Orange County, CA 92620, Orange County, CA 92625, Orange County, CA 92651, Orange County, CA 92657, Orange County, CA 92661, Orange County, CA 92662, Orange County, CA

Frequently asked questions

What is the year built for 1 Rainbow Fls, Irvine, CA 92603?

The development at 1 Rainbow Fls, Irvine, CA 92603 was built in 1976.

What is the total square footage of 1 Rainbow Fls, Irvine, CA 92603?

1 Rainbow Fls, Irvine, CA 92603 has a total of 1,934 square feet.

When was 1 Rainbow Fls, Irvine, CA 92603 last sold and what was the sale price?

1 Rainbow Fls, Irvine, CA 92603 was last sold on 05/28/2021 for $1,090,000.

What is the assessed value of 1 Rainbow Fls, Irvine, CA 92603?

1 Rainbow Fls, Irvine, CA 92603 is currently assessed at $1,203,447.

What are the property taxes for 1 Rainbow Fls, Irvine, CA 92603?

The property taxes for 1 Rainbow Fls, Irvine, CA 92603 total $12,733.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.