NOT LISTED FOR SALE

1127 Rainbow Valley Blvd Fallbrook, CA 92028

Estimated Value: $797,685 - $1,026,000

3 Beds
2 Baths
1,444 Sq Ft
$618/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $743,000 $515 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,178/month

Highlights

  • Parking available for a boat
  • Horse Property Unimproved
  • Deck
  • Horse Property
  • View of Trees or Woods
  • Wood Flooring

About This Home

As of July 2023

Beautiful single story home with views and on 2.51 fully fenced private acres with a large concrete pad and separate entry for RV, Horse Trailer, Toy Hauler, boat, about 30 yards from main home. This home has lots of light and has a spacious, open floor plan, with new wood flooring throughout, a large central kitchen and tons of counter space, a center island and lots of space for the chef or baker. Newer Stainless Steel appliances, including Refrigerator. The kitchen opens to the family room, with a large gas/wood fireplace, an open dining area which opens to a converted sun deck. This Rainbow Beauty, has three bedrooms, two bathrooms, of which one is used as a smaller office. The Oversized two car garage includes washer, dryer, water heater and area for workshop. The 2.51 Acres has a park like feel, with a variety of fruit trees, oak trees, pine trees, palm trees, grapefruit, oranges, lemons, avocados and many gorgeous large boulders unique to the area, along with a Private deck area to enjoy the incredible view, that also accesses the sun room. Additionally, the property may experience a seasonal river that goes through farthest west of the property closest to the mail box area by the main road. Also included is a Solar power purchase lease which will need to be assumed, and a new furnace! Incredible location!!! A perfect property to bring your horses, goats, chickens, dogs or other family pets. Close to freeway access, minutes to Temecula, Bonsall and Fallbrook for shopping, dining, wine country and more! Come by and check out this amazing home!

Last Agent to Sell the Property

Susannah Levicki

Capitis Real Estate License #01921896 Listed on: 06/19/2023

Last Buyer's Agent

Jeff Foster

Sierra Financial Services II License #01292921

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 2.51 Acre Lot
  • Rural Setting
  • Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned RR

Parking

  • 2 Car Attached Garage
  • 12 Open Parking Spaces
  • Oversized Parking
  • Parking Available
  • Side Facing Garage
  • Single Garage Door
  • Driveway Level
  • Guest Parking
  • Parking Lot
  • Parking available for a boat
  • RV Access or Parking

Property Views

  • Woods
  • Canyon
  • Hills
  • Rock

Home Design

  • Entry on the 1st floor
  • Spanish Tile Roof

Interior Spaces

  • 1,444 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Propane Fireplace
  • Family Room with Fireplace
  • Home Office
  • Sun or Florida Room
  • Wood Flooring
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Pots and Pans Drawers

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Propane Dryer Hookup

Outdoor Features

  • Horse Property
  • Deck
  • Wood Patio
  • Rear Porch

Schools

  • Potter Middle School
  • Fallbrook High School

Utilities

  • Central Heating and Cooling System
  • Air Source Heat Pump
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Natural Gas Not Available
  • Water Heater
  • Water Softener
  • Septic Type Unknown

Additional Features

  • Solar Heating System
  • Horse Property Unimproved

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1026602300
  • $91 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Washer, Dryer, Refrigerator, Solar power purchase
  • Property Attached: No
  • View: Yes
  • Zoning: RR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1026602300
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1444.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Family Room, Propane, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 514.54
  • Room Type: All Bedrooms Down, Attic, Family Room, Kitchen, Office, Sun
  • Bathroom Features: Bathtub, Shower In Tub, Tile Counters
  • Room Kitchen Features: Kitchen Island, Pots & Pan Drawers, Tile Counters

Exterior Features

  • Patio: Yes
  • View: Canyon, Hills, Rocks, Trees/Woods
  • Patio And Porch Features: Deck, Rear Porch, Wood
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Boat, Driveway, Concrete, Driveway Level, Garage Faces Side, Garage - Single Door, Guest, Oversized, Parking Space, RV Access/Parking, RV Potential
  • Total Parking Spaces: 14.00
  • Uncovered Spaces: 12.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Not Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Free-Standing Range, Microwave, Refrigerator, Water Heater, Water Softener
  • Heating Type: Central, Fireplace(s), Propane, Solar, Wood
  • Laundry Features: In Garage, Propane Dryer Hookup
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air, Heat Pump
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • High School: Fallbrook
  • Middle Or Junior School: Potter
  • High School2: FALLBR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Horse Property, Horse Property Unimproved
  • Lot Size Sq Ft: 109335.60
  • Lot Size Acres: 2.5100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2.5100 Acres
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 190.02
  • Tax Lot: 0000
  • Tax Tract Number: 0000
  • TaxOtherAnnualAssessmentAmount: 91.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2023
Closed on
Jun 23, 2023
Sold by
Spencer Christine Ann
Bought by
Rubalcado Jesus A and Morton Victoria M
Seller's Agent
Susannah Levicki
Capitis Real Estate
Buyer's Agent
Jeff Foster
Sierra Financial Services II
List Price
$725,000
Sold Price
$743,000
Premium/Discount to List
$18,000
2.48%
Views
76
Current Estimated Value
$892,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,171
Avg. Annual Appreciation
7.89%
Original Mortgage
$743,000
Outstanding Balance
$721,928
Interest Rate
6.69%
Mortgage Type
VA
Estimated Equity
$170,243

Purchase Details

Listed on
May 7, 2017
Closed on
Jun 5, 2017
Sold by
Garvin William Barton
Bought by
Spencer Christine Ann
Seller's Agent
Keith Salkeld
eXp Realty of California, Inc.
List Price
$480,000
Sold Price
$465,000
Premium/Discount to List
-$15,000
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%
Original Mortgage
$100,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 7, 2017
Closed on
May 26, 2017
Sold by
Holmes Stephen A and Beeson Holmes Melissa
Bought by
Spencer Christine Ann
Seller's Agent
Keith Salkeld
eXp Realty of California, Inc.
List Price
$480,000
Sold Price
$465,000
Premium/Discount to List
-$15,000
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 23, 2013
Closed on
Aug 16, 2013
Sold by
Schmidt Harry E
Bought by
Holmes Stephen A and Beeson Holmes Melissa
Seller's Agent
Wendy Rufino
Homesmart Legends
Buyer's Agent
Wendy Rufino
Homesmart Legends
List Price
$366,500
Sold Price
$366,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%
Original Mortgage
$293,200
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2011
Sold by
Petersen David L and Petersen Linda J
Bought by
Schmidt Harry E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.79%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rubalcado Jesus A $743,000 Fidelity National Title
Spencer Christine Ann -- Title365
Spencer Christine Ann $465,000 Title 365
Holmes Stephen A $366,500 Lawyers Title Insurance Co
Schmidt Harry E $300,000 Lawyers Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rubalcado Jesus A $743,000
Previous Owner Spencer Christine Ann $100,000
Previous Owner Holmes Stephen A $293,200
Previous Owner Schmidt Harry E $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2023 07/28/23 Sold $743,000 +2.5% $515 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/19/2023 06/19/23 For Sale $725,000 +55.9% $502 / Sq Ft
06/29/2017 06/29/17 Sold $465,000 -3.1% $322 / Sq Ft View Prior Sale
05/23/2017 05/23/17 Pending -- -- --
05/07/2017 05/07/17 For Sale $480,000 +31.0% $332 / Sq Ft
09/03/2013 09/03/13 Sold $366,500 0.0% $254 / Sq Ft View Prior Sale
07/16/2013 07/16/13 Pending -- -- --
05/23/2013 05/23/13 For Sale $366,500 -- $254 / 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 $6,053 $757,859 $175,116 $582,743
2024 $6,053 $743,000 $171,683 $571,317
2023 $5,386 $518,710 $119,857 $398,853
2022 $5,310 $508,540 $117,507 $391,033
2021 $5,170 $498,569 $115,203 $383,366
2020 $5,191 $493,458 $114,022 $379,436
2019 $5,092 $483,784 $111,787 $371,997
2018 $5,006 $474,299 $109,596 $364,703
2017 $930 $387,111 $89,450 $297,661
2016 $3,991 $379,522 $87,697 $291,825
2015 $3,929 $373,822 $86,380 $287,442
2014 $3,843 $366,500 $84,688 $281,812
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: ND23107587

California Regional Multiple Listing Service (CRMLS)

APN: 102-660-23