Seller's Agent in 2020
Tom Bashe
Localist Realty
(951) 491-5052
184 Total Sales
1022 Rainbow Crest Rd Fallbrook, CA 92028
Estimated Value: $846,485 - $970,000
3
Beds
2
Baths
1,589
Sq Ft
$574/Sq Ft
Est. Value
Highlights
- Barn
- Primary Bedroom Suite
- Updated Kitchen
- RV Access or Parking
- Panoramic View
- Open Floorplan
About This Home
As of October 2020Welcome home to this rare opportunity to live nestled at the very top of Rainbow Heights peak with forever views of the surrounding valley that go clear to the San Diego coastline. Looking for a gated retreat, room to garden or a place to park all of your toys? This newly renovated single story home and property boasts over 2 acres and offers many great features including SOLAR panels that you OWN to keep utility costs low! Very private, very quiet, very serene, very peaceful, absolute rural bliss yet located only 10 minutes from the 15 freeway and highway 76, a commuters dream! Perched high on a mountaintop, above a sprawling valley of ever changing views, watch the marine layer come in and out, while enjoying a cup of coffee on your future oversized deck, or enjoy the gentle ocean breeze while dining outside in paradise. This property is situated perfectly for someone looking for room to breathe, but with a bit of property, without compromising their ability to get to work or shopping. Located just minutes from the best Southern California beaches, Temecula Wine Country, Pechanga Resort and Casino or the snowy Big Bear Mountains! Did we also mention there's a small barn at the bottom corner of the property? Or that as you drive through your private gated entrance the 60+ foot driveway is lined with mature trees? Or lastly, did you know this home was extensively renovated from head to toe, ready for its next owner to call it Home? Come take a look TODAY before it's gone!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,015
Year Built
- Built in 1979 | Remodeled
Lot Details
- 2.39 Acre Lot
- Cul-De-Sac
- Rural Setting
- Partially Fenced Property
- Secluded Lot
- Paved or Partially Paved Lot
- Density is 2-5 Units/Acre
- Property is zoned R1
Parking
- 2 Car Attached Garage
- Parking Available
- Front Facing Garage
- Single Garage Door
- Driveway Down Slope From Street
- RV Access or Parking
Property Views
- Panoramic
- Woods
- Canyon
- Mountain
- Hills
- Valley
- Neighborhood
- Rock
Home Design
- Spanish Architecture
- Mediterranean Architecture
- Turnkey
- Slab Foundation
- Spanish Tile Roof
- Stucco
Interior Spaces
- 1,589 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Recessed Lighting
- Wood Burning Fireplace
- Family Room with Fireplace
- Living Room with Attached Deck
- Dining Room
Kitchen
- Updated Kitchen
- Breakfast Bar
- Electric Oven
- Electric Cooktop
- Microwave
- Dishwasher
- Quartz Countertops
- Self-Closing Drawers and Cabinet Doors
- Disposal
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Primary Bedroom Suite
- Remodeled Bathroom
- 2 Full Bathrooms
- Stone Bathroom Countertops
- Makeup or Vanity Space
- Dual Vanity Sinks in Primary Bathroom
- Low Flow Toliet
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry in Garage
- Electric Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Termite Clearance
Outdoor Features
- Wood Patio
- Exterior Lighting
- Front Porch
Utilities
- Forced Air Heating and Cooling System
- 220 Volts
- Conventional Septic
Additional Features
- Solar owned by seller
- Barn
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 4743
- Tax Tract Number 18
- Assessor Parcel Number 1092703400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 5, 2020
Closed on
Sep 14, 2020
Sold by
Rainbow Creek Partnership
Bought by
Sandee Jason and Sandee Mary J
Seller's Agent
Tom Bashe
Localist Realty
Buyer's Agent
Lisa Lamborghini-Mouss
First Team Real Estate
List Price
$599,000
Sold Price
$609,000
Premium/Discount to List
$10,000
1.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,371
Avg. Annual Appreciation
8.45%
Original Mortgage
$578,550
Outstanding Balance
$513,425
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$397,946
Purchase Details
Listed on
Mar 5, 2020
Closed on
May 7, 2020
Sold by
Garza Tom De La
Bought by
Rainbow Creek Partnership
Seller's Agent
Rina Pierson
Mogul Real Estate
Buyer's Agent
Diane Riel
Century 21 Real Estate Alliance Inc
List Price
$549,900
Sold Price
$390,000
Premium/Discount to List
-$159,900
-29.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
244.86%
Purchase Details
Closed on
Nov 15, 1991
Purchase Details
Closed on
May 27, 1986
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sandee Jason | $609,000 | Equity Title | |
| Rainbow Creek Partnership | $390,000 | Corinthian Title Company Inc | |
| -- | $250,000 | -- | |
| -- | $138,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sandee Jason | $578,550 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/08/2020 10/08/20 | Sold | $609,000 | +1.7% | $383 / Sq Ft |
| 09/11/2020 09/11/20 | Pending | -- | -- | -- |
| 09/05/2020 09/05/20 | For Sale | $599,000 | +53.6% | $377 / Sq Ft |
| 05/29/2020 05/29/20 | Sold | $390,000 | -29.1% | $245 / Sq Ft |
| 03/05/2020 03/05/20 | For Sale | $549,900 | -- | $346 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,015 | $659,198 | $338,051 | $321,147 |
| 2024 | $7,015 | $646,273 | $331,423 | $314,850 |
| 2023 | $6,853 | $633,602 | $324,925 | $308,677 |
| 2022 | $6,781 | $621,179 | $318,554 | $302,625 |
| 2021 | $6,610 | $609,000 | $312,308 | $296,692 |
| 2020 | $4,395 | $404,204 | $165,108 | $239,096 |
| 2019 | $9,246 | $396,279 | $161,871 | $234,408 |
| 2018 | $9,138 | $388,510 | $158,698 | $229,812 |
| 2017 | $930 | $380,893 | $155,587 | $225,306 |
| 2016 | $8,947 | $373,426 | $152,537 | $220,889 |
| 2015 | $3,947 | $367,818 | $150,246 | $217,572 |
| 2014 | $3,861 | $360,614 | $147,303 | $213,311 |
Source: Public Records
Agents Affiliated with this Home
-
Tom Bashe
-
Rina Pierson
Seller's Agent in 2020
Rina Pierson
Mogul Real Estate
(951) 265-5555
64 Total Sales
-
Lisa Lamborghini-Mouss
L
Buyer's Agent in 2020
Lisa Lamborghini-Mouss
First Team Real Estate
(949) 899-4922
3 Total Sales
-
D
Buyer's Agent in 2020
Diane Riel
Century 21 Real Estate Alliance Inc
-
Frank Macri
Buyer's Agent in 2020
Frank Macri
Professional Realty Services
(888) 792-0585
18 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW20184984
APN: 109-270-34
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
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