NOT LISTED FOR SALE

1428 Rainbow Crest Rd Fallbrook, CA 92028

Estimated Value: $995,000 - $1,368,000

4 Beds
3.5 Baths
2,850 Sq Ft
$404/Sq Ft Est. Value

Last Sold January 06, 2021

Last sale price $799,000 $280 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,664/month

57 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Living Room
  • Panoramic View
  • Double Oven
  • Laundry Room

About This Home

As of January 2021

Beautiful Hills & Mountains View Home in the Hills of Rainbow Heights with in creditable panoramic views, spacious home, large lot, peaceful landscape, relaxing pond & many fruit trees. This gated home offers 3 bed 3 bath with an optional downstairs bedroom with full bath great for an office or additional 4th bedroom.
Spacious living room connected with family room and gourmet kitchen offer center island, granite countertops, stainless steel appliances, fireplace, built-in bar connected with outside relaxing sitting areas with BBQ, built- in Jacuzzi with magnificent views and wonderful natural energies all around
With large lot size of 1.7 acres you will have plenty of valuable land for a second home or ADU, gardening and enjoyment with nature.
Easy access to freeway, with no HOA dues and gated property!

Last Agent to Sell the Property

Hanson Le

Coldwell Banker Envision License #01358448 Listed on: 10/11/2020

Coldwell Banker Envision

Last Buyer's Agent

Chad Tapscott

LPT Realty, Inc License #02113636

LPT Realty, Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 1.7 Acre Lot
  • Landscaped
  • Sprinkler System

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Hills

Interior Spaces

  • 2,850 Sq Ft Home
  • Formal Entry
  • Family Room with Fireplace
  • Living Room

Kitchen

  • Double Oven
  • Six Burner Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down

Laundry

  • Laundry Room
  • Propane Dryer Hookup

Parking

  • Parking Available
  • Private Parking
  • Driveway

Utilities

  • Central Air
  • Propane Water Heater
  • Sewer Paid

Community Details

  • No Home Owners Association
  • Fallbrook Subdivision
  • Foothills
  • Mountainous Community

Listing and Financial Details

  • Tax Tract Number 19002
  • Assessor Parcel Number 1092403800

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Zoning: A
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1092403800
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2850.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 280.35
  • Room Type: All Bedrooms Down, Family Room, Formal Entry, Living Room

Exterior Features

  • View: City Lights, Hills, Mountain(s), Panoramic
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Private

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Disposal, Microwave, Propane Water Heater, Refrigerator
  • Laundry Features: Electric Dryer Hookup, Individual Room, Inside, Propane Dryer Hookup
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Sprinkler System
  • Lot Size Sq Ft: 74052.00
  • Lot Size Acres: 1.7000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1.7000 Acres
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 190.02
  • Tax Lot: 00
  • Tax Tract Number: 019002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2020
Closed on
Jan 4, 2021
Sold by
Valentine Rene A
Bought by
Valentine Rene A and Beaulieu Donna
Seller's Agent
Hanson Le
Coldwell Banker Envision
Buyer's Agent
Chad Tapscott
LPT Realty, Inc
List Price
$799,000
Sold Price
$799,000
Current Estimated Value
$1,151,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,816
Avg. Annual Appreciation
7.64%
Original Mortgage
$259,970
Outstanding Balance
$231,983
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$919,833

Purchase Details

Listed on
Oct 11, 2020
Closed on
Dec 30, 2020
Sold by
Nguyen Phuong Phuoc Huy
Bought by
Valentine Rene A
Seller's Agent
Hanson Le
Coldwell Banker Envision
Buyer's Agent
Chad Tapscott
LPT Realty, Inc
List Price
$799,000
Sold Price
$799,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,970
Outstanding Balance
$231,983
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$919,833

Purchase Details

Listed on
Jul 10, 2019
Closed on
Sep 30, 2019
Sold by
Pietila Francesca E
Bought by
Nguyen Phuong Phuoc Huy
Seller's Agent
Karen Morton
Compass
Buyer's Agent
Jackson Campbell
Keller Williams Realty
List Price
$695,000
Sold Price
$679,000
Premium/Discount to List
-$16,000
-2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.40%
Original Mortgage
$684,000
Interest Rate
3.5%
Mortgage Type
VA

Purchase Details

Closed on
Dec 10, 2014
Sold by
Pietila Francesca E and Pietila Chesca
Bought by
Pietila Francesca E

Purchase Details

Closed on
Aug 24, 2000
Sold by
Uwjt Aulman C Stephen and Chesca Pietila
Bought by
Aulman Stephen and Pietila Chesca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
8.11%

Purchase Details

Closed on
Jul 3, 1991

Purchase Details

Closed on
Oct 24, 1986
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
Valentine Rene A -- Accommodation
Valentine Rene A $799,000 Orange Coast Title Of So Cal
Nguyen Phuong Phuoc Huy $684,000 Chicago Title
Pietila Francesca E -- None Available
Aulman Stephen -- North American Title
-- $285,000 --
-- $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valentine Rene A $259,970
Previous Owner Nguyen Phuong Phuoc Huy $684,000
Previous Owner Aulman Stephen $246,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2021 01/06/21 Sold $799,000 0.0% $280 / Sq Ft
12/09/2020 12/09/20 Price Changed $799,000 -2.6% $280 / Sq Ft
11/23/2020 11/23/20 Price Changed $820,000 +2.6% $288 / Sq Ft
10/11/2020 10/11/20 For Sale $799,000 +17.7% $280 / Sq Ft
10/24/2019 10/24/19 Sold $679,000 -2.3% $238 / Sq Ft View Prior Sale
09/23/2019 09/23/19 Pending -- -- --
07/10/2019 07/10/19 For Sale $695,000 -- $244 / 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 $7,545 $713,321 $280,349 $432,972
2024 $7,545 $699,335 $274,852 $424,483
2023 $7,370 $685,623 $269,463 $416,160
2022 $7,292 $672,180 $264,180 $408,000
2021 $6,542 $606,216 $202,072 $404,144
2020 $6,556 $600,000 $200,000 $400,000
2019 $4,733 $441,574 $190,214 $251,360
2018 $4,618 $432,917 $186,485 $246,432
2017 $4,525 $424,429 $182,829 $241,600
2016 $4,428 $416,108 $179,245 $236,863
2015 $4,359 $409,859 $176,553 $233,306
2014 $4,263 $401,831 $173,095 $228,736
Source: Public Records

Agents Affiliated with this Home

  • Hanson Le

    Seller's Agent in 2021

    Hanson Le

    Coldwell Banker Envision

    (714) 554-9984

    41 Total Sales

    Hanson Le
    Section Image
  • Chad Tapscott

    Buyer's Agent in 2021

    Chad Tapscott

    LPT Realty, Inc

    (714) 905-4444

    48 Total Sales

    Chad Tapscott
    Section Image
  • Karen Morton

    Seller's Agent in 2019

    Karen Morton

    Compass

    (760) 801-0839

    63 Total Sales

    Karen Morton
    Section Image
  • Whitney Fields

    Seller Co-Listing Agent in 2019

    Whitney Fields

    Compass

    (760) 579-8490

    60 Total Sales

    Whitney Fields
    Section Image
  • Jackson Campbell

    Buyer's Agent in 2019

    Jackson Campbell

    Keller Williams Realty

    (858) 761-3036

    81 Total Sales

    Jackson Campbell
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20214463

California Regional Multiple Listing Service (CRMLS)

APN: 109-240-38

California San Diego County Fallbrook 92028

1428 Rainbow Crest Rd, Fallbrook, CA

Not Listed for Sale

Detached

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