NOT LISTED FOR SALE

1239 Rainbow Valley Blvd Fallbrook, CA 92028

Estimated Value: $711,000 - $814,000

3 Beds
2 Baths
1,817 Sq Ft
$416/Sq Ft Est. Value

Last Sold November 25, 2015

Last sale price $350,000 $193 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $4,317/month

Highlights

  • Horse Property
  • Secluded Lot
  • Main Floor Bedroom
  • View of Trees or Woods
  • Wood Flooring
  • No HOA

About This Home

As of January 2017

Unique Country Property just minutes from Temecula. TWO gentle Oak Studded acres featuring an “Old School House” converted to a three bedroom two bath darling home. The newly renovated School House was built sometime around late 1800's to early 1900’s and moved onto this property by an early homesteader in the Rainbow Valley around 1945. Beautiful hardwood flooring, a huge fireplace and newly opened up original windows are charming touches to the original first floor. Upstairs the bedrooms have Knotty Pine flooring and old slat windows. The Master is downstairs. The home has new drywall, fresh paint and all wood flooring refinished. Propane has been added and so has new heating and A/C. Both bathrooms have been completely remodeled and new kitchen counter tops just went in. Outside beautiful natural landscape on gentle fertile land perfect for horses or gardening. There is a large Metal Barn/Workshop and a one horse old wood barn. Enjoy the charming setting while being only minutes to everything Temecula and Fallbrook have to offer. Only .5 mile to Rainbow Oaks Restaurant, gas station, post office and farmstead.

Last Agent to Rent the Property

Mary Beth Buckles

Coldwell Banker Realty License #01165545 Listed on: 12/09/2016

Coldwell Banker Realty

Last Renter's Agent

Mary Beth Buckles

Coldwell Banker Realty License #01165545 Listed on: 12/09/2016

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1887 | Remodeled

Lot Details

  • 2.15 Acre Lot
  • Chain Link Fence
  • Secluded Lot
  • Rectangular Lot
  • Level Lot
  • Garden
  • Back and Front Yard

Property Views

  • Woods
  • Orchard Views
  • Hills
  • Neighborhood
  • Rock

Interior Spaces

  • 1,817 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Center Hall

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Gas Oven
  • Gas Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Carport
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Propane
  • Tankless Water Heater
  • Conventional Septic

Additional Features

  • Horse Property
  • Agricultural

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Security Deposit $2,700
  • 12-Month Minimum Lease Term
  • Available 1/1/17
  • Assessor Parcel Number 1026600700

Home Details

Home Type

Single Family

Year Built

Built in 1887 | Remodeled

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2017-01-01
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 2700
  • Furnished: Unfurnished
  • Pets Allowed: Call, Yes
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: No
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 1026600700
  • Year Built: 1887
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1817.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1.49
  • Room Type: Center Hall, Family Room, Galley Kitchen, Main Floor Bedroom

Exterior Features

  • View: Hills, Neighborhood, Orchard, Rocks, Trees/Woods
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Propane
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Propane Oven, Refrigerator, Tankless Water Heater
  • Heating Type: Central, Forced Air, Propane
  • Laundry Features: Dryer Included, In Carport, Washer Included
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Agricultural, Back Yard, Front Yard, Garden, Horse Property, Lot Over 40000 Sqft, Rectangular Lot, Level, Secluded
  • Lot Size Sq Ft: 93654.00

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months

Tax Info

  • Tax Lot: 000
  • Tax Tract Number: 000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2018
Sold by
Buckles Brian L and Buckles Mary Beth
Bought by
Buckles Brian L and Buckles Mary Beth
Current Estimated Value
$755,426

Purchase Details

Listed on
Jul 24, 2015
Closed on
Nov 13, 2015
Sold by
Hagen Lisa
Bought by
Buckles Mary Beth
Seller's Agent
Corinne Berge
Realty ONE Group Southwest
Buyer's Agent
Mary Beth Buckles
Coldwell Banker Realty
List Price
$475,000
Sold Price
$350,000
Premium/Discount to List
-$125,000
-26.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$280,000
Outstanding Balance
$112,977
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$642,449

Purchase Details

Listed on
Jul 24, 2015
Closed on
Oct 13, 2015
Sold by
Buckles Brian Lee
Bought by
Buckles Mary Beth
Seller's Agent
Corinne Berge
Realty ONE Group Southwest
Buyer's Agent
Mary Beth Buckles
Coldwell Banker Realty
List Price
$475,000
Sold Price
$350,000
Premium/Discount to List
-$125,000
-26.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$112,977
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$642,449

Purchase Details

Closed on
Apr 15, 2015
Sold by
Nyholt Margaret
Bought by
Hagen Lisa B and Rose Kerin

Purchase Details

Closed on
Mar 15, 1995
Sold by
Nyholt Franklin G
Bought by
Nyholt Franklin G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Buckles Brian L -- None Available
Buckles Brian L -- None Available
Buckles Mary Beth $350,000 Stewart Title Riverside
Buckles Mary Beth -- Stewart Title Riverside
Hagen Lisa B -- None Available
Nyholt Franklin G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buckles Mary Beth $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2017 01/10/17 Rented $2,700 0.0% --
12/09/2016 12/09/16 For Rent $2,700 +12.5% --
04/29/2016 04/29/16 Rented $2,400 0.0% --
04/10/2016 04/10/16 For Rent $2,400 0.0% --
11/25/2015 11/25/15 Sold $350,000 0.0% $193 / Sq Ft View Prior Sale
10/14/2015 10/14/15 Pending -- -- --
10/12/2015 10/12/15 Price Changed $350,000 -12.5% $193 / Sq Ft
09/01/2015 09/01/15 Price Changed $399,990 -10.9% $220 / Sq Ft
08/18/2015 08/18/15 Price Changed $449,000 -5.5% $247 / Sq Ft
07/24/2015 07/24/15 For Sale $475,000 -- $261 / 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 $4,305 $414,322 $236,756 $177,566
2024 $4,305 $406,199 $232,114 $174,085
2023 $4,201 $398,235 $227,563 $170,672
2022 $4,142 $390,427 $223,101 $167,326
2021 $4,034 $382,773 $218,727 $164,046
2020 $4,052 $378,849 $216,485 $162,364
2019 $3,975 $371,422 $212,241 $159,181
2018 $3,910 $364,140 $208,080 $156,060
2017 $3,832 $357,000 $204,000 $153,000
2016 $3,743 $350,000 $200,000 $150,000
2015 $2,062 $189,681 $101,233 $88,448
2014 $407 $38,593 $22,027 $16,566
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16760989

California Regional Multiple Listing Service (CRMLS)

APN: 102-660-07