NOT LISTED FOR SALE

1018 Rainbow Crest Rd Fallbrook, CA 92028

Estimated Value: $737,000 - $1,017,000

2 Beds
2 Baths
1,727 Sq Ft
$497/Sq Ft Est. Value

Last Sold April 11, 2016

Last sale price $455,000 $263 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,960/month

25 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Breakfast Bar
  • Greenhouse
  • Covered Patio or Porch
  • Laundry Room

About This Home

As of April 2016

ESCAPE THE ORDINARY. Artistic retreat on 3.5 acres (two separate adjoining lots) offering a spacious 2 bedroom, 2 bath home in a sun-splashed Hacienda atmosphere, with panoramic mountain to ocean views! Cool adobe walls & ornate woodwork. High "wagon wheel" style open beam ceiling. Saltillo tile floors in main living & colorful tiles in bathrooms. Curved fireplace. Step through the arched entry to a botanical wonderland of drought resistant foliage. Relaxed and enjoyable ambiance.

Last Agent to Sell the Property

Samee Foster

Sunshine Properties RealEstate License #00980338 Listed on: 02/08/2016

Last Buyer's Agent

NoEmail NoEmail

Src Non-mls License #0

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,919

Year Built

  • Built in 1977

Lot Details

  • 3.5 Acre Lot
  • Rural Setting
  • Irregular Lot
  • Steep Slope

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Canyon
  • Hills
  • Valley

Home Design

  • Adobe

Interior Spaces

  • 1,727 Sq Ft Home
  • Sliding Doors
  • Entryway
  • Living Room with Fireplace

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • 5 Parking Spaces
  • 2 Detached Carport Spaces
  • Parking Available
  • Driveway

Outdoor Features

  • Covered Patio or Porch
  • Greenhouse
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Air Source Heat Pump
  • Electric Water Heater
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1092702300

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,919

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1092702300
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1727.00
  • Entry Location: Ground Level No Steps
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 263.46
  • Room Type: Entry, Living Room, Master Bedroom

Exterior Features

  • Patio: Yes
  • Other Structures: Greenhouse, Outbuilding
  • View: City Lights, Canyon, Hills, Ocean, Panoramic, Valley
  • Patio And Porch Features: Covered, Slab
  • Pool Private: No
  • Construction Materials: Adobe

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport, Asphalt
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Electric Water Heater, Range Hood
  • Electric: Electricity - On Property
  • Heating Type: Forced Air, Fireplace(s), Heat Pump
  • Laundry Features: Electric Dryer Hookup, Individual Room
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air, Heat Pump
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Lot Features: Gentle Sloping, Irregular Lot, Rolling Slope, Steep Slope
  • Lot Size Sq Ft: 152460.00
  • Price Per Lot Square Foot: 2.98
  • Lot Size Acres: 3.5000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3.5000 Acres
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2016
Closed on
Apr 4, 2016
Sold by
Jacobs Otis Ray
Bought by
Jacobs Otis Ray and Jacobs Linda
Seller's Agent
Samee Foster
Sunshine Properties RealEstate
Buyer's Agent
NoEmail NoEmail
Src Non-mls
List Price
$495,000
Sold Price
$455,000
Premium/Discount to List
-$40,000
-8.08%
Current Estimated Value
$858,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,319
Avg. Annual Appreciation
6.93%
Original Mortgage
$360,000
Outstanding Balance
$286,211
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$572,108

Purchase Details

Listed on
Feb 8, 2016
Closed on
Mar 14, 2016
Sold by
Jacobs Linda
Bought by
Jacobs Otis Ray
Seller's Agent
Samee Foster
Sunshine Properties RealEstate
Buyer's Agent
NoEmail NoEmail
Src Non-mls
List Price
$495,000
Sold Price
$455,000
Premium/Discount to List
-$40,000
-8.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$286,211
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$572,108

Purchase Details

Listed on
Feb 8, 2016
Closed on
Mar 7, 2016
Sold by
Gilruth John S
Bought by
Jacobs Otis Ray
Seller's Agent
Samee Foster
Sunshine Properties RealEstate
Buyer's Agent
NoEmail NoEmail
Src Non-mls
List Price
$495,000
Sold Price
$455,000
Premium/Discount to List
-$40,000
-8.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$286,211
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$572,108

Purchase Details

Closed on
Mar 15, 2005
Sold by
Gilruth John S
Bought by
Gilruth John S

Purchase Details

Closed on
Mar 3, 1988
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jacobs Otis Ray -- Chicago Title Company
Jacobs Otis Ray -- Chicago Title Company
Jacobs Otis Ray $455,000 Chicago Title Company
Gilruth John S -- --
-- $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobs Otis Ray $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2016 04/11/16 Sold $455,000 0.0% $263 / Sq Ft
04/07/2016 04/07/16 Sold $455,000 -8.1% $228 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
03/04/2016 03/04/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $495,000 +8.8% $287 / Sq Ft
01/05/2016 01/05/16 For Sale $455,000 -- $228 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,919 $461,673 $236,756 $224,917
2024 $4,919 $452,621 $232,114 $220,507
2023 $4,805 $443,747 $227,563 $216,184
2022 $4,755 $435,047 $223,101 $211,946
2021 $4,635 $426,518 $218,727 $207,791
2020 $4,645 $422,146 $216,485 $205,661
2019 $4,527 $413,870 $212,241 $201,629
2018 $4,420 $405,756 $208,080 $197,676
2017 $4,332 $397,800 $204,000 $193,800
2016 $2,664 $249,804 $75,194 $174,610
2015 $2,623 $246,053 $74,065 $171,988
2014 $2,566 $241,234 $72,615 $168,619
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW16026379

California Regional Multiple Listing Service (CRMLS)

APN: 109-270-23