NOT LISTED FOR SALE

1131 Rainbow Valley Blvd Fallbrook, CA 92028

Estimated Value: $1,080,382 - $1,156,000

4 Beds
3.5 Baths
2,708 Sq Ft
$415/Sq Ft Est. Value

Last Sold September 04, 2024

Last sale price $1,100,000 $406 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,223/month

98 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Wood Flooring
  • Updated Kitchen
  • Cathedral Ceiling
  • Granite Countertops

About This Home

As of September 2024

Indulge in the ultimate retreat: Luxurious panoramic oasis boasting a sparkling pool, nestled on sprawling 2.5 Acres in enchanting Fallbrook! This majestic haven features unique architecture, complete with a studio accessory dwelling unit (4th bedroom) and an extraordinary detached "Tiny House" ADU (5th Bedroom), offering unmatched comfort and privacy. Marvel at the grandeur of this multi-generational sanctuary, strategically positioned to command the MOST breathtaking views, designed for utter relaxation and sumptuous entertainment. Step inside to be enthralled by the exquisite touches, including stunning hickory wood flooring, opulent granite slabs, stainless steel appliances, and custom backsplashes. Delight in the gourmet kitchen, adorned with pecan wood cabinetry featuring soft close drawers, while the travertine and quartz fireplace soars high, illuminating the night with its radiant glow. Revel in the abundance of natural light pouring through multiple picture windows, enhancing every corner of this magnificent estate. Experience seamless indoor/outdoor living as you venture onto redwood decks, multiple patios, new view windows, a new A/C unit and water heater, all recently installed, and BBQ areas with your own cantina. Perfect for soaking in the surroundings and hosting gatherings. Embrace sustainability with the inclusion of a solar power purchase plan, ensuring efficient energy usage and cost savings. Equestrian enthusiasts will delight in the accommodation for horses, complete with ample trailer/boat access, a concrete paved RV parking area, with full hookups, and a spacious horse corral. With convenient access to the 15 freeway, downtown Fallbrook, Temecula, shopping destinations, and wineries, Every convenience is within reach. Prepare to be captivated from the moment you arrive—This exquisite residence is truly unforgettable.

Last Agent to Sell the Property

Sharon Robinson

Compass Brokerage Email: sharon.robinson@compass.com License #01384726 Listed on: 03/23/2024

Compass

Co-Listed By

Ken Follis

Compass Brokerage Email: sharon.robinson@compass.com License #00799622

Last Buyer's Agent

Bonnie Maffei

Network Alliance Real Estate License #01165381

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • 2.5 Acre Lot
  • Property is zoned R-1:SINGLE FAM-RES

Parking

  • 2 Car Garage

Property Views

  • Mountain
  • Valley

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 2,708 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Living Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Double Oven
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Self-Closing Drawers
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Pool

  • In Ground Pool
  • In Ground Spa
  • Permits For Spa

Utilities

  • Heating Available
  • Water Heater

Community Details

  • No Home Owners Association
  • Mountainous Community
  • Valley

Listing and Financial Details

  • Assessor Parcel Number 1026602200
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Year Built

Built in 1979 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1026602200
  • Year Built: 1979
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2708.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Stone Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 406.20
  • Room Type: Kitchen, Living Room
  • Spa Features: In Ground, Permits
  • Room Kitchen Features: Granite Counters, Kitchen Island, Remodeled Kitchen, Self-Closing Drawers, Stone Counters

Exterior Features

  • View: Mountain(s), Valley
  • Fence: No
  • Pool Features: In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Disposal, Refrigerator, Water Heater
  • Heating Type: Fireplace(s)
  • Laundry Features: Individual Room

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Mountainous, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size: 108,900 SqFt
  • Lot Size Sq Ft: 108900.00
  • Lot Size Acres: 2.5000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2.5000 Acres
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: 00000

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2024
Closed on
Jul 19, 2024
Sold by
Garcia Senobio Melchor Garcia
Bought by
Maravilla Angela Santos
Seller's Agent
Sharon Robinson
Compass
Buyer's Agent
Bonnie Maffei
Network Alliance Real Estate
List Price
$1,198,747
Sold Price
$1,100,000
Premium/Discount to List
-$98,747
-8.24%
Views
292
Current Estimated Value
$1,122,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,596
Avg. Annual Appreciation
1.46%
Original Mortgage
$880,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 23, 2024
Closed on
Jul 10, 2024
Sold by
Mclaughlin Family Trust and Mclaughlin Peter
Bought by
Maravilla Angela Santos
Seller's Agent
Sharon Robinson
Compass
Buyer's Agent
Bonnie Maffei
Network Alliance Real Estate
List Price
$1,198,747
Sold Price
$1,100,000
Premium/Discount to List
-$98,747
-8.24%
Views
292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2024
Sold by
Mclaughlin Peter and Mclaughlin Heidi Alicia
Bought by
Mclaughlin Family Trust and Mclaughlin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2024
Sold by
Mclaughlin Family Trust
Bought by
Mclaughlin Peter and Mclaughlin Heidi Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2021
Sold by
Mclaughlin Peter and Mclaughlin Heidi
Bought by
Mclaughlin Peter and Mclaughlin Heidi

Purchase Details

Closed on
Jun 10, 2016
Sold by
Mclaughlin Heidi A and Mclaughlen Heidi A
Bought by
Mclaughlin Peter and Mclaughlin Heidi A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
7.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 1, 2015
Closed on
Oct 6, 2015
Sold by
Mclaughlin Peter
Bought by
Mclaughlin Heidi A
Seller's Agent
Jamie Gilman
First Team Real Estate
Buyer's Agent
Devon Camilleri
Pacific Sotheby's Int'l Realty
List Price
$390,000
Sold Price
$390,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.81%
Original Mortgage
$320,000
Interest Rate
3.78%
Mortgage Type
Unknown

Purchase Details

Listed on
Jun 1, 2015
Closed on
Sep 16, 2015
Sold by
Palmisani Sandra E
Bought by
Mclaughlen Heidi A
Seller's Agent
Jamie Gilman
First Team Real Estate
Buyer's Agent
Devon Camilleri
Pacific Sotheby's Int'l Realty
List Price
$390,000
Sold Price
$390,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.78%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Maravilla Angela Santos -- Ticor Title
Maravilla Angela Santos $1,100,000 Ticor Title
Mclaughlin Family Trust -- Lawyers Title Company
Mclaughlin Peter -- Lawyers Title
Mclaughlin Peter -- None Available
Mclaughlin Peter -- None Listed On Document
Mclaughlin Peter -- Wfg Title Company
Mclaughlin Heidi A -- Ticor Title San Diego
Mclaughlen Heidi A $390,000 Ticor Title San Diego
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maravilla Angela Santos $880,000
Previous Owner Mclaughlin Peter $405,000
Previous Owner Mclaughlin Peter $375,000
Previous Owner Mclaughlen Heidi A $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/04/2024 09/04/24 Sold $1,100,000 -1.7% $406 / Sq Ft
06/29/2024 06/29/24 Pending -- -- --
06/18/2024 06/18/24 Price Changed $1,118,747 -2.6% $413 / Sq Ft
05/27/2024 05/27/24 Price Changed $1,148,747 -4.2% $424 / Sq Ft
05/15/2024 05/15/24 For Sale $1,198,747 0.0% $443 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
04/20/2024 04/20/24 Price Changed $1,198,747 +9.1% $443 / Sq Ft
04/19/2024 04/19/24 For Sale $1,098,747 0.0% $406 / Sq Ft
04/06/2024 04/06/24 Pending -- -- --
03/23/2024 03/23/24 For Sale $1,098,747 +181.7% $406 / Sq Ft
10/13/2015 10/13/15 Sold $390,000 0.0% $144 / Sq Ft View Prior Sale
08/28/2015 08/28/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $390,000 -- $144 / 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 $4,726 $1,100,000 $700,000 $400,000
2024 $4,726 $452,621 $232,114 $220,507
2023 $4,611 $443,747 $227,563 $216,184
2022 $4,545 $435,047 $223,101 $211,946
2021 $4,425 $426,518 $218,727 $207,791
2020 $4,443 $422,146 $216,485 $205,661
2019 $4,358 $413,870 $212,241 $201,629
2018 $4,285 $405,756 $208,080 $197,676
2017 $4,199 $397,800 $204,000 $193,800
2016 $4,100 $390,000 $200,000 $190,000
2015 $2,886 $267,247 $53,425 $213,822
2014 $2,825 $262,013 $52,379 $209,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2402458

California Regional Multiple Listing Service (CRMLS)

APN: 102-660-22