NOT LISTED FOR SALE

1171 Rainbow Valley Blvd Fallbrook, CA 92028

Estimated Value: $848,182 - $1,122,000

4 Beds
4 Baths
1,629 Sq Ft
$611/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $610,000 $374 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,777/month

7 Days on Market

Highlights

  • Greenhouse
  • Cathedral Ceiling
  • Bonus Room
  • Mountain View
  • Mediterranean Architecture
  • Double Self-Cleaning Oven

About This Home

As of July 2020

This is a great Rainbow, country retreat that is private but readily accessible to I-15 for commuters. It offers a well built 2-story custom home with a 1080 s.f. detached shop with permitted bath and 220 power. The property also has the following structures; 10x16 Bunk house with A/C, 10x12 storage shed, 10x12 She Shed, 10x12 Tool shed, 10x12 Tool shed, 4x8 Chicken Hut and cage, 5x8 tool shed and 8x12 greenhouse. Outdoor patio grilling bar with entertainment center, waterfall and KOI Pond. This rural property has some great natural rock outcroppings and Oak trees. It sits on a hill and is private with a paved driveway, full fencing and electric entry gate. It has several family fruit trees and many boxed vegetable containers for easy growing. Other amenities include a groomed horseshoe court, Koi pond with waterfall, outdoor entertainment and bbq bar, artificial turf at the rear of the patio for low maintenance and no watering! The permitted 1080 s.f. shop/garage has a 3/4 bath, and is partially finished off as a game room. It has a window a/c unit. Easy access, privacy with quality appointments and outdoor buildings make this property perfect for the growing family! The hot tub and 2 iron statues are excluded.. Neighborhoods: Rainbow Equipment: Dryer,Fire Sprinklers, Satellite Dish, Shed(s), Washer Other Fees: 0 Sewer: Septic Installed Topography: RSLP,SSLP

Last Agent to Sell the Property

Craig Ohlson

Rainbow Real Estate License #01079713 Listed on: 05/15/2020

Last Buyer's Agent

Craig Ohlson

Rainbow Real Estate License #01079713 Listed on: 05/15/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 1.36 Acre Lot
  • Lot Dimensions are 366x200
  • Chain Link Fence
  • Fence is in excellent condition
  • Drip System Landscaping
  • Sprinkler System
  • Property is zoned A-70

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Driveway
  • Guest Parking

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Composition Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1,629 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Bonus Room
  • Mountain Views

Kitchen

  • Double Self-Cleaning Oven
  • Propane Oven
  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Propane Dryer Hookup

Outdoor Features

  • Balcony
  • Greenhouse
  • Shed
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Vented Exhaust Fan
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1026603300

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Zoning: A-70
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1026603300
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Living Area: 1629.00
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Copper Plumbing Partial, Cathedral Ceiling(s)
  • Stories: 2
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Levels: Two
  • Price Per Square Foot: 374.46
  • Room Type: Bonus Room

Exterior Features

  • Other Structures: Greenhouse, Outbuilding, Shed(s), Storage
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Excellent Condition, Chain Link
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Guest
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Phone Connected, Propane
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Propane Water Heater, Dishwasher, Disposal, Microwave, Refrigerator, Built-In Range, Double Oven, Ice Maker, Propane Oven, Propane Range, Propane Cooktop, Self Cleaning Oven, Vented Exhaust Fan, Propane Cooking
  • Heating Type: Propane, Forced Air
  • Laundry Features: Propane Dryer Hookup, Washer Hookup, Individual Room, Inside
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers Drip System
  • Lot Size: 366x200
  • Lot Size Sq Ft: 59241.00
  • Lot Size Acres: 1.3600

Multi Family

  • Lot Size Area: 59241.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Jun 2, 2020
Sold by
Knutson Louis Arlan and Knutson Jean
Bought by
Ortiz Jose Alejandro and Ortiz Maira Armenta
Seller's Agent
Craig Ohlson
Rainbow Real Estate
Buyer's Agent
Craig Ohlson
Rainbow Real Estate
List Price
$619,900
Sold Price
$610,000
Premium/Discount to List
-$9,900
-1.6%
Current Estimated Value
$995,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,796
Avg. Annual Appreciation
9.32%
Original Mortgage
$579,500
Outstanding Balance
$513,682
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$482,114

Purchase Details

Closed on
Mar 29, 2011
Sold by
Knutson L Arlan and Knutson Jean C
Bought by
Knutson Louis Arlan and Knutson Jean

Purchase Details

Closed on
Apr 20, 2004
Sold by
Nyholt Franklin G
Bought by
Knutson L Arlan and Knutson Jean C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.35%
Mortgage Type
Seller Take Back
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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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
Ortiz Jose Alejandro $610,000 Stewart Title Company
Knutson Louis Arlan -- None Available
Knutson L Arlan $130,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Jose Alejandro $579,500
Previous Owner Knutson L Arlan $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2020 07/01/20 Sold $610,000 -1.6% $374 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $619,900 -- $381 / 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 $6,713 $660,280 $283,531 $376,749
2024 $6,713 $647,334 $277,972 $369,362
2023 $6,549 $634,642 $272,522 $362,120
2022 $6,456 $622,199 $267,179 $355,020
2021 $6,284 $610,000 $261,941 $348,059
2020 $4,717 $451,765 $193,993 $257,772
2019 $4,626 $442,908 $190,190 $252,718
2018 $4,548 $434,224 $186,461 $247,763
2017 $4,456 $425,710 $182,805 $242,905
2016 $4,351 $417,364 $179,221 $238,143
2015 $4,282 $411,095 $176,529 $234,566
2014 $3,947 $380,000 $162,000 $218,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Craig Ohlson

    Rainbow Real Estate

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200022153

California Regional Multiple Listing Service (CRMLS)

APN: 102-660-33

California San Diego County Fallbrook 92028

1171 Rainbow Valley Blvd, Fallbrook, CA

Not Listed for Sale

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