$471,800
- 3 Beds
- 2 Baths
- 1,176 sqft
531 Rainbow Ter, Palmdale, CA 93551
Est. Refi. Payment $3,037/mo*
Refinance Your HomeCurrently Off Market - Sold Mar 18, 2025 for $481,000
Home Value
Trulia Estimate
$472KSince last month
Decreased$2K (-0.3%)Since last year
Increased$900 (+0.2%)Since last sale
Decreased$9K (-1.9%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +108% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $472K |
| August 2026 | $471K |
| July 2026 | $473K |
| June 2026 | $477K |
| May 2026 | $476K |
| March 2026 | $469K |
| February 2026 | $470K |
| January 2026 | $467K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.02 | Single-Family Home | $439,900 | 11/24/25 | 3 | 2 | 1,176 | |
0.14 | Single-Family Home | $515,000 | 12/19/25 | 3 | 2 | 1,772 | |
0.19 | Single-Family Home | $510,000 | 11/21/25 | 3 | 2 | 1,772 | |
0.14 | Single-Family Home | $430,000 | 05/07/26 | 2 | 2 | 924 | |
0.13 | Single-Family Home | $420,000 | 09/26/25 | 2 | 2 | 924 | |
0.26 | Single-Family Home | $475,000 | 06/30/26 | 3 | 2 | 1,772 | |
0.22 | Single-Family Home | $510,000 | 03/27/26 | 4 | 2 | 1,759 | |
0.33 | Single-Family Home | $480,000 | 07/10/26 | 3 | 2 | 1,772 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $481,200 | 3 | 2 | 1,290 | Off Market | |
0.02 | $439,900 | 3 | 2 | 1,176 | Recently Sold | |
0.07 | $473,600 | 3 | 2 | 1,290 | Off Market | |
0.02 | $457,800 | 3 | 2 | 1,290 | Off Market | |
0.08 | $495,000 | 3 | 2 | 1,176 | Off Market | |
0.06 | $451,200 | 3 | 2 | 1,290 | Off Market | |
0.06 | $412,100 | 2 | 2 | 924 | Off Market | |
0.08 | $448,100 | 3 | 2 | 1,290 | Off Market | |
0.11 | $586,100 | 5 | 3 | 2,213 | Off Market | |
0.15 | $526,800 | 3 | 3 | 1,874 | Off Market | |
0.14 | $515,000 | 3 | 2 | 1,772 | Recently Sold |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1984
1,176 sqft
$401/sqft
2 Car Garage
About this House
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.
531 Rainbow Ter, Palmdale, CA 93551 is a 3 bedroom, 2 bathroom, 1,176 sqft single-family home built in 1984. It last sold for the $481,000 asking price on Mar 18, 2025. More recently, it was listed as a rental in December 2024 with an asking price of $2,750 per month. That rental listing was removed on February 26, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $471,800, with a rent estimate of $2,666/month.
Last check for updates: about 2 hours ago
Listed by Israel Sanchez DRE #01854308, (661) 470-3763
Century 21 Doug Anderson
Bought with: Julio Villatoro DRE #02015957, (818) 431-1465, Keller Williams Realty A.V.
Source: GAVAR, MLS#25000723

Home Details for 531 Rainbow Ter
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Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1176 Square Feet |
Appliances & Utilities Utilities: Natural Gas AvailableAppliances: Dishwasher, Gas Range, NoneDishwasherLaundry: In Garage |
Heating & Cooling Heating: Natural GasHas CoolingHas HeatingHeating Fuel: Natural Gas |
Fireplace & Spa Fireplace: Family RoomHas a Fireplace |
Windows, Doors, Floors & Walls Flooring: Carpet, Laminate |
Levels, Entrance, & Accessibility Stories: 1Floors: Carpet, Laminate |
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Exterior Home Features Roof: TilePatio / Porch: Covered, SlabFencing: Back Yard, Front Yard, WoodFoundation: Slab |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2GarageHas an Attached GarageParking Spaces: 2Parking: Garage Attached |
Pool Pool: None |
Frontage Road Frontage: Public RoadRoad Surface Type: Paved |
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Year Built Year Built: 1984 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Spanish |
Building Construction Materials: Stucco, Wood Siding |
Property Information Parcel Number: 3004024038 |
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Price List Price: $481,000 |
Status Change & Dates Off Market Date: Tue Feb 25 2025Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: Palmdale |
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Building Area Building Area: 1176 Square Feet |
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Lot Area: 6969.6 sqft |
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Listing Agreement Type: Exclusive Right To SellListing Terms: VA Loan, Cash, Conventional, FHA |
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Mls Number: 25000723 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 18, 2025 Source: GAVAR #25000723 | Sold | $481,000 |
Feb 26, 2025 Source: Zillow Rentals | ListingRemoved | $3,500 |
Feb 26, 2025 Source: CRMLS #SR25021513 | Pending | $481,000 |
Feb 25, 2025 Source: GAVAR #25000723 | PriceChange | $481,000 Price increased by 2% |
Feb 25, 2025 Source: GAVAR #25000723 | Pending | $469,900 |
Jan 30, 2025 Source: GAVAR #25000723 | Listed For Sale | $469,900 |
Dec 18, 2024 Source: Zillow Rentals | PriceChange | $3,500 Price increased by 27% |
Dec 11, 2024 Source: Zillow Rentals | Listed For Rent | $2,750 |
Mar 2, 2022 Source: N/A | Sold | $211,000 |
Feb 2, 2009 Source: N/A | Sold | $153,000 |
Jan 28, 2009 Source: Agent Provided | Listed For Sale | $118,000 |
Jan 15, 2009 Source: Agent Provided | ListingRemoved | $320,000 |
Aug 23, 2008 Source: Agent Provided | Listed For Sale | $320,000 |
Mar 31, 2006 Source: N/A | Sold | $340,000 |
Jul 16, 2001 Source: N/A | Sold | $113,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $490,620 |
Home facts updated by county records
Market trends in Palmdale
Last updated August 2026
Avg. sale price
$498K
$1.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$275
$0MoM
Available listings
627
22MoM
Around this home
What Locals Say about Palmdale
At least 1246 Trulia users voted on each feature.
83 % Say car is needed
83 % Say parking is easy
82 % Say there are sidewalks
79 % Say it's dog friendly
78 % Say yards are well-kept
74 % Say there's holiday spirit
67 % Say it's quiet
67 % Say streets are well-lit
59 % Say kids play outside
56 % Say it's walkable to grocery stores
55 % Say people would walk alone at night
54 % Say they plan to stay for at least 5 years
47 % Say neighbors are friendly
46 % Say it's walkable to restaurants
32 % Say there's wildlife
19 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Frequently asked questions about 531 Rainbow Ter
- What is 531 Rainbow Ter estimated to be worth?Trulia's estimated value for 531 Rainbow Ter in Palmdale, CA is $471,800.
- What is the price history for 531 Rainbow Ter?531 Rainbow Ter in Palmdale, CA last sold for $481,000 in March 2025.
- Is Palmdale a buyer's or seller's market?Palmdale is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Palmdale?The median sale price in Palmdale is $498K. That is up $1.67K from the prior month.
- Does 531 Rainbow Ter have air conditioning?Yes, 531 Rainbow Ter in Palmdale, CA has air conditioning.
- Does 531 Rainbow Ter have laundry facilities?Yes, 531 Rainbow Ter in Palmdale, CA has laundry facilities.

