NOT LISTED FOR SALE

1540 Rainbow Valley Blvd Fallbrook, CA 92028

Estimated Value: $1,255,640

9.98 Acres
$125,816 Price per Acre
434,729 Sq Ft Lot

Last Sold October 30, 2017

Last sale price $795,000

Est. 58% increase in value since last sale

Current estimated payment $7,504/month

3 Days on Market

About This Lot

As of October 2017

Attention nurserymen, farmers, investors! Completely usable 9.98 acre lot. Currently setup for plant nursery operation. City water (2" water meter). Property has 140,000 sq ft of shade-house and 14,400 sq ft of hoop houses. Irrigation system on timers. Propagation houses have timers as well. Neighborhoods: Rainbow Other Fees: 0

Last Agent to Sell the Property

Alfonso Sanchez

Real Estate People License #01447642 Listed on: 08/23/2017

Last Buyer's Agent

George Drysdale

Drysdale Real Estate Investments License #00364759

Property Details

Property Type

  • Land

Lot Details

  • 9.98 Acre Lot
  • The property's topography is level,slope gentle

Listing and Financial Details

  • Assessor Parcel Number 1026700200

Property Details

Property Type

Land

Lot Details

9.98 Acres

Listing Details

  • Subdivision Name Other: Fallbrook
  • Property Type: Land
  • Parcel Number: 1026700200
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Topography: Level,Slope Gentle
  • Lot Size Acres: 9.9800

Multi Family

  • Lot Size Area: 9.9800 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2017
Sold by
Vega Cesar and Vega Elva
Bought by
Mmr Partnership
Current Estimated Value
$1,255,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Interest Rate
3.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 18, 2014
Sold by
Vega Cesar and Vega Elva
Bought by
Vega Cesar and Vega Elva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2014
Sold by
Vega Raul R and Vega Consuelo N
Bought by
Vega Cesar and Vega Elva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 1998
Sold by
Rainbow Four
Bought by
Vega Raul R and Vega Consuelo N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 29, 1987
Source: Public Records

Range of Values:

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

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mmr Partnership $795,000 Ticor Title San Diego
Vega Cesar -- Orange Coast Title Company
Vega Cesar $300,000 Orange Coast Title Company
Vega Raul R $168,000 First American Title
-- $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mmr Partnership $397,500
Previous Owner Vega Cesar $195,000
Previous Owner Vega Raul R $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2017 10/30/17 Sold $795,000 0.0% --
08/26/2017 08/26/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $795,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,542 $904,569 $568,913 $335,656
2024 $9,542 $886,833 $557,758 $329,075
2023 $9,319 $869,445 $546,822 $322,623
2022 $9,193 $852,398 $536,100 $316,298
2021 $8,957 $835,686 $525,589 $310,097
2020 $8,995 $827,118 $520,200 $306,918
2019 $8,828 $810,900 $510,000 $300,900
2018 $8,686 $795,000 $500,000 $295,000
2017 $3,590 $310,666 $207,111 $103,555
2016 $3,514 $304,575 $203,050 $101,525
2015 $3,464 $300,000 $200,000 $100,000
2014 $2,607 $218,823 $218,823 $0
Source: Public Records

Agents Affiliated with this Home

  • Alfonso Sanchez

    Seller's Agent in 2017

    Alfonso Sanchez

    Real Estate People

    (760) 458-5916

    22 Total Sales

    Alfonso Sanchez
    Section Image

  • G

    Buyer's Agent in 2017

    George Drysdale

    Drysdale Real Estate Investments

  • Tom Van Wie

    Buyer's Agent in 2017

    Tom Van Wie

    Coldwell Banker Village Prop

    (760) 703-6400

    51 Total Sales

    Tom Van Wie
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 170044418

California Regional Multiple Listing Service (CRMLS)

APN: 102-670-02

California San Diego County Fallbrook 92028

1540 Rainbow Valley Blvd, Fallbrook, CA

Not Listed for Sale

Lots

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