NOT LISTED FOR SALE

1808 Camino Rainbow Fallbrook, CA 92028

7 Beds
6.5 Baths
5,250 Sq Ft
58.12 Acres

Last Sold September 25, 2019

Last sale price $1,262,500 $240 Per Sq Ft

104 Days on Market

Highlights

  • Home Theater
  • Sauna
  • Mountain View
  • Heated Spa
  • 58.12 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of September 2019

Olde World Italian Villa w/ 6+ Bdrms., 7 ba., 5250 sq. ft. on 58.12 amazing acres. Gracious yet casual ranch home surrounded by canopies of majestic trees. Has big pond, 2 wells, your very own hiking trails, a bridge, many creeks, natural boulders are sure to amaze you. Remodeled home w/ modern baths & kitchen, pizza oven, sauna, jacuzzi tub & more! Ultimate privacy on a rural setting yet only about 5 min. from I-15 & Hwy. 395. Near shopping, golf courses, wineries & beaches. (SEE MORE IN SUPPLEMENT) Your Paradise Awaits You! 58.12 acres tucked down a quiet road for privacy yet close to shopping, restaurants, golf courses, wineries & beaches. There is a pond & creeks, well, hiking trails, majestic old trees, big boulders, 360 degree views on the property. Welcome to your sanctuary - Perfect for your dream home, or vineyard, grove, nursery, ranch or ??? Buyers to do their own feasibility studies. Easy access to Hwy 15 and Hwy 395 (about 5 minutes) Come & find what you have been looking for! Property consists of 2 parcels but with the same legal description. Listed separately as Listing # 190029617 for APN# 108-300-29-00 as 52.71 vacant land at $899,000 and Listing # 190030300 for APN# 108-300-30-00 as residence on 5.41 acres at $1,188,000. Both properties are priced to sell at $1,777,777. Total acreage of 58.12.This is a must see. Seller is motivated. Submit all offers!.... Neighborhoods: Rainbow Equipment: Shed(s) Other Fees: 0 Sewer: Septic Installed, Perc Test Completed Topography: LL,GSL

Last Agent to Sell the Property

Eden Silver

Paradise Homes & Gardens License #00865674 Listed on: 06/04/2019

Last Buyer's Agent

Larry Knapp

Compass License #00352613

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,817

Year Built

  • Built in 1945

Lot Details

  • 58.12 Acre Lot
  • Property is zoned Agricultur

Home Design

  • Mediterranean Architecture
  • Fire Rated Drywall
  • Stucco

Interior Spaces

  • 5,250 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Library
  • Loft
  • Bonus Room
  • Game Room
  • Sauna
  • Home Gym
  • Stone Flooring
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Oven
  • Built-In Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Retreat
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 15 Open Parking Spaces
  • 15 Parking Spaces
  • Carport
  • Parking Available
  • Circular Driveway
  • Gravel Driveway
  • Guest Parking

Accessible Home Design

  • No Interior Steps
  • Low Pile Carpeting

Outdoor Features

  • Heated Spa
  • Deck
  • Covered patio or porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Private Water Source
  • Well
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1083002900

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,817

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Attached: No
  • Security: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Zoning: Agricultur
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1083002900
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5250.00
  • Stories: 2
  • Flooring: Stone
  • Accessibility Features: Low Pile Carpeting, No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Eating Area: Area, Dining Room, Family Kitchen, Separated
  • Fireplace Features: Dining Room, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 240.48
  • Room Type: Main Floor Bedroom, Bonus Room, Exercise Room, Family Room, Great Room, Library, Loft, Retreat, Main Floor Master Bedroom, Media Room, Office, Sauna, Game Room, Kitchen, Living Room, Master Bedroom, Home Theatre, Jack & Jill, Laundry, Master Bathroom, Separate Family Room, Walk-In Closet
  • Spa Features: Heated, Private, Bath

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Fence: No
  • Patio And Porch Features: Covered, Deck, Slab, Porch, Front Porch
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco, Drywall Walls

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport, Uncovered, Driveway, Guest, Circular Driveway, Covered, Gravel
  • Total Parking Spaces: 15.00
  • Uncovered Spaces: 15.00

Utilities

  • Utilities: Cable Available, Natural Gas Available, Phone Available, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater, Dishwasher, Disposal, Refrigerator, Built-In Range, Double Oven, Electric Oven, Electric Range, Built-In, Counter Top, Electric Cooking
  • Heating Type: Natural Gas, Wood, Zoned, Fireplace(s), Forced Air
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Inside
  • Water Source: Private, Well
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 2531706.00
  • Lot Size Acres: 58.1200

Multi Family

  • Lot Size Area: 2531706.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2019
Closed on
Aug 13, 2019
Sold by
Sipes Thomas B
Bought by
Vanphan Thu Van and Quach Le My
Seller's Agent
Eden Silver
Paradise Homes & Gardens
Buyer's Agent
Larry Knapp
Compass
List Price
$1,888,000
Sold Price
$1,262,500
Premium/Discount to List
-$625,500
-33.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,500
Interest Rate
3.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 16, 2013
Sold by
Sipes Amanda J
Bought by
Sipes Thomas B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 26, 2012
Closed on
Aug 7, 2012
Sold by
U S Bank National Association
Bought by
Sipes Thomas B
Seller's Agent
Neven Spralja
Real Solution
Buyer's Agent
Mark Garrow
MJN Real Estate
List Price
$624,900
Sold Price
$599,900
Premium/Discount to List
-$25,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,900
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2012
Sold by
Mejia Jaime and Mejia Maria
Bought by
U S Bank National Association

Purchase Details

Closed on
Dec 29, 2011
Sold by
Mejia Jaime and Mejia Maria
Bought by
Us Bank National Association

Purchase Details

Closed on
Apr 7, 2005
Sold by
Boutet Julie Renee
Bought by
Mejia Jaime and Mejia Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,065,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 9, 2002
Sold by
Boutet Julia A
Bought by
Boutet Julia A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Vanphan Thu Van $738,000 Stewart Title
Sipes Thomas B -- Fidelity National Title
Sipes Thomas B $600,000 Stewart Title Of California
U S Bank National Association $1,316,357 Landsafe Title
Us Bank National Association $1,316,357 Landsafe Title
Mejia Jaime $1,765,000 First American Title
Boutet Julia A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanphan Thu Van $484,350
Closed Vanphan Thu Van $545,500
Previous Owner Sipes Thomas B $500,000
Previous Owner Sipes Thomas B $545,500
Previous Owner Sipes Thomas B $449,900
Previous Owner Mejia Jaime $1,065,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2019 09/25/19 Sold $1,262,500 -33.1% $240 / Sq Ft
09/16/2019 09/16/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $1,888,000 +214.7% $360 / Sq Ft
08/30/2012 08/30/12 Sold $599,900 0.0% $126 / Sq Ft
08/30/2012 08/30/12 Sold $599,900 -4.0% $126 / Sq Ft
07/31/2012 07/31/12 Pending -- -- --
07/31/2012 07/31/12 Pending -- -- --
04/26/2012 04/26/12 For Sale $624,900 -12.6% $131 / Sq Ft
02/06/2012 02/06/12 For Sale $714,900 -- $150 / 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 $5,817 $404,647 $404,647 --
2024 $5,817 $396,713 $396,713 --
2023 $5,717 $388,935 $388,935 $0
2022 $5,660 $381,309 $381,309 $0
2021 $5,555 $373,833 $373,833 $0
2020 $5,572 $370,000 $370,000 $0
2019 $4,008 $220,780 $220,780 $0
2018 $3,969 $216,451 $216,451 $0
2017 $3,924 $212,207 $212,207 $0
2016 $3,872 $208,047 $208,047 $0
2015 $3,838 $204,922 $204,922 $0
2014 $3,790 $200,908 $200,908 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 190031267

California Regional Multiple Listing Service (CRMLS)

APN: 108-300-29