T
Seller's Agent in 2025
Theresa Mack
eXp Realty of California, Inc.
(858) 230-4850
56 Total Sales
1029 Rainbow Valley Ct Fallbrook, CA 92028
4
Beds
3
Baths
1,792
Sq Ft
85,813
Sq Ft Lot
Highlights
- Panoramic View
- Balcony
- Cul-De-Sac
- Cathedral Ceiling
- 4 Car Garage
- Soaking Tub
About This Home
As of December 2025Welcome to your new home, a beautifully renovated 4-bedroom, 3-bathroom retreat nestled in the tranquil hills of Rainbow, Fallbrook. Set on nearly 2 acres of panoramic beauty, this home combines modern elegance with the peaceful charm of country living. Step inside to discover an open-concept layout filled with natural light and sweeping views from every angle. The expansive living area flows seamlessly into the dining space and a chef-inspired kitchen, complete with stainless steel appliances, abundant cabinetry, hidden pantry and generous counter space — all framed by La Cantina–style doors that open to stunning outdoor vistas and the attached deck. The primary suite is a private oasis featuring a spa-like en-suite bathroom with a soaking tub and an oversized walk-in shower. Every bathroom throughout the home showcases contemporary finishes and thoughtful design. Enjoy the convenience of two laundry areas, two garages (one attached and one detached), and ample parking and storage — perfect for hobbies, guests, or multi-generational living. Your pets will love it here too — the property is pet-friendly with fencing and plenty of space to roam. Whether you’re unwinding on the balcony with panoramic views, hosting under the stars, or simply soaking in the peaceful views, this property offers the ideal blend of modern comfort and rural tranquility.
Last Agent to Sell the Property
eXp Realty of California, Inc. License #01893281 Listed on: 10/20/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1963
Lot Details
- 1.97 Acre Lot
- Cul-De-Sac
- Property is Fully Fenced
- Property is zoned AGRICULTUR
Parking
- 4 Car Garage
Property Views
- Panoramic
- City Lights
- Mountain
Home Design
- Turnkey
- Composition Roof
- Wood Siding
Interior Spaces
- 1,792 Sq Ft Home
- 1-Story Property
- Cathedral Ceiling
- Electric Fireplace
- Living Room with Fireplace
- Dining Area
Kitchen
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Soaking Tub
Laundry
- Dryer
- Washer
Outdoor Features
- Balcony
- Shed
- Shop
Utilities
- Central Air
- Heat Pump System
Community Details
- Fallbrook Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 20, 2025
Closed on
Dec 3, 2025
Sold by
Ransom Jake and Ransom Hannah
Bought by
Alvarez Richard S and Ortega Elizabeth
Seller's Agent
Theresa Mack
eXp Realty of California, Inc.
Buyer's Agent
Steve Anz
SKA Real Estate
List Price
$1,100,000
Sold Price
$1,100,000
Views
37
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
-$39,167
Avg. Annual Appreciation
-13.50%
Original Mortgage
$1,080,076
Outstanding Balance
$1,077,989
Interest Rate
6.17%
Mortgage Type
FHA
Estimated Equity
-$17,156
Purchase Details
Listed on
Nov 4, 2022
Closed on
Jan 30, 2023
Sold by
Artifact Residential Llc
Bought by
Ransom Jake and Ransom Hannah Elizabeth
Seller's Agent
Casey Cooke
Redfin Corporation
Buyer's Agent
Theresa Mack
eXp Realty of California, Inc.
List Price
$899,000
Sold Price
$900,000
Premium/Discount to List
$1,000
0.11%
Views
81
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$809,910
Interest Rate
6.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 11, 2022
Sold by
Socal Metro Holdings Llc
Bought by
Artifact Residential Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,500
Interest Rate
3.55%
Mortgage Type
Construction
Purchase Details
Closed on
Jan 12, 2022
Sold by
Pennymac Loan Services Llc
Bought by
Socal Metro Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,500
Interest Rate
3.55%
Mortgage Type
Construction
Purchase Details
Closed on
Dec 4, 2019
Sold by
Mowry Joseph M and Mowry Taylor M
Bought by
Pennymac Loan Services Llc
Purchase Details
Listed on
Mar 7, 2017
Closed on
Mar 17, 2017
Sold by
Mathews Carl H and Mathews Donna A
Bought by
Mowry Joseph M and Mowry Taylor M
Seller's Agent
Brenda Ball
Preferred Group Properties
Buyer's Agent
Gabriela Marks
Blue Horizon Realty & Lending
List Price
$545,000
Sold Price
$545,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%
Original Mortgage
$535,128
Interest Rate
4.16%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 28, 2000
Sold by
Mathews Carl H
Bought by
Mathews Carl H and Mathews Donna A
Purchase Details
Closed on
Oct 14, 1992
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Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,100,000 | Lawyers Title Company | |
| Grant Deed | $900,000 | Ticor Title | |
| Grant Deed | $670,000 | First American Title | |
| Grant Deed | $620,000 | First American Title | |
| Trustee Deed | $491,400 | Servicelink | |
| Grant Deed | $545,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $166,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,080,076 | FHA | |
| Previous Owner | $809,910 | New Conventional | |
| Previous Owner | $640,500 | Construction | |
| Previous Owner | $535,128 | FHA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/03/2025 12/03/25 | Sold | $1,100,000 | 0.0% | $614 / Sq Ft | |
| 11/03/2025 11/03/25 | Pending | -- | -- | -- | |
| 10/20/2025 10/20/25 | For Sale | $1,100,000 | +22.2% | $614 / Sq Ft | |
| 03/09/2023 03/09/23 | Sold | $900,000 | +0.1% | $502 / Sq Ft | View Prior Sale |
| 01/15/2023 01/15/23 | Pending | -- | -- | -- | |
| 01/11/2023 01/11/23 | For Sale | $899,000 | 0.0% | $502 / Sq Ft | |
| 12/31/2022 12/31/22 | Pending | -- | -- | -- | |
| 12/25/2022 12/25/22 | For Sale | $899,000 | 0.0% | $502 / Sq Ft | |
| 12/20/2022 12/20/22 | Pending | -- | -- | -- | |
| 12/13/2022 12/13/22 | Price Changed | $899,000 | -9.1% | $502 / Sq Ft | |
| 11/15/2022 11/15/22 | Price Changed | $989,000 | -10.1% | $552 / Sq Ft | |
| 11/04/2022 11/04/22 | For Sale | $1,100,000 | +101.8% | $614 / Sq Ft | |
| 04/11/2017 04/11/17 | Sold | $545,000 | 0.0% | $304 / Sq Ft | View Prior Sale |
| 03/14/2017 03/14/17 | Pending | -- | -- | -- | |
| 03/07/2017 03/07/17 | For Sale | $545,000 | -- | $304 / Sq Ft |
Source: San Diego MLS
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 | $9,619 | $936,358 | $492,821 | $443,537 |
| 2024 | $9,619 | $917,999 | $483,158 | $434,841 |
| 2023 | $7,145 | $587,422 | $309,170 | $278,252 |
| 2022 | $6,186 | $587,422 | $309,170 | $278,252 |
| 2021 | $6,024 | $575,905 | $303,108 | $272,797 |
| 2020 | $6,050 | $570,000 | $300,000 | $270,000 |
| 2019 | $6,021 | $567,016 | $129,186 | $437,830 |
| 2018 | $5,921 | $555,899 | $126,653 | $429,246 |
| 2017 | $930 | $248,693 | $56,661 | $192,032 |
| 2016 | $2,552 | $243,817 | $55,550 | $188,267 |
| 2015 | $2,512 | $240,156 | $54,716 | $185,440 |
| 2014 | $2,457 | $235,453 | $53,645 | $181,808 |
Source: Public Records
Agents Affiliated with this Home
-
Theresa Mack
-
Steve Anz
Buyer's Agent in 2025
Steve Anz
SKA Real Estate
(909) 212-1892
81 Total Sales
-
Casey Cooke
C
Seller's Agent in 2023
Casey Cooke
Redfin Corporation
-
Jonathan Mack
Buyer Co-Listing Agent in 2023
Jonathan Mack
eXp Realty of California, Inc.
(858) 336-4023
64 Total Sales
-
B
Seller's Agent in 2017
Brenda Ball
Preferred Group Properties
-
G
Buyer's Agent in 2017
Gabriela Marks
Blue Horizon Realty & Lending
Map
Source: San Diego MLS
MLS Number: 250042107
APN: 102-660-15
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