NOT LISTED FOR SALE

1845 Camino Rainbow Fallbrook, CA 92028

Estimated Value: $791,000 - $1,074,000

2 Beds
2 Baths
1,070 Sq Ft
$828/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $620,000 $579 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,270/month

5 Days on Market

Highlights

  • RV Access or Parking
  • Private Yard
  • Family Room Off Kitchen
  • View of Trees or Woods
  • 2 Car Detached Garage
  • Bathtub

About This Home

As of September 2020

Charming Valencia orange grove on just over 2 acres. Fully fenced and ample useable space. Over 120 orange trees and assorted fruit trees on property. This home features new flooring & paint. Two fully upgraded baths. Open floor plan with wood-burning fireplace, eat-in kitchen. Indoor laundry. 45-foot RV pad with full hookups. Brand new water main & irrigation lines. Remote operated entry gate. Multiple outbuildings include 2 chicken coops, goat barn, storage sheds & 2-car detached garage. Move-In Ready! Over 100 producing fruit trees. RV Pad with hook-ups. New energy efficient watering system. Above ground pool. Large patio area with plenty of room for entertaining.

Last Agent to Sell the Property

Kay Merg

RE/MAX Connections License #01250327 Listed on: 08/25/2020

RE/MAX Connections

Last Buyer's Agent

Cheree Dracolakis

Coldwell Banker Realty License #01299672

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,848

Year Built

  • Built in 1988

Lot Details

  • 2.13 Acre Lot
  • Property is Fully Fenced
  • Level Lot
  • Sprinklers on Timer
  • Grove
  • Private Yard

Parking

  • 2 Car Detached Garage
  • Driveway
  • RV Access or Parking

Property Views

  • Woods
  • Orchard Views
  • Mountain

Home Design

  • Ranch Property
  • Turnkey
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,070 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room Off Kitchen
  • Living Room with Fireplace

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Outdoor Features

  • Stone Porch or Patio
  • Shed
  • Outbuilding

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Water Meter
  • Conventional Septic
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 102-361-09-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,848

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Property Condition: Turnkey
  • Market Area: North County
  • Cross Street: 8th St
  • Neighborhood: Rural
  • Supplement: Over 100 producing fruit trees. RV Pad with hook-ups. New energy efficient watering system. Above ground pool. Large patio area with plenty of room for entertaining.
  • LP / Sq Ft: 513.08
  • Miscellaneous: Rural
  • Price Per Sq Ft: 579.44
  • Residential Unit Location: Detached
  • SP/ Sq Ft: 579.44
  • Stories: 1 Story
  • Stories In Building: 1
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1988
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bathtub, Ceiling Fan, Kitchen Open To Family Rm
  • Flooring: Carpet, Linoleum/Vinyl, Tile
  • Equipment Available: Dishwasher, Disposal, Microwave, Refrigerator, Gas Range, Gas Cooking
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Searchable Rooms: Bedroom Entry Level
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 13X14
  • Full Bathrooms: 2
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 1070
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Wood
  • Fencing: Full
  • Patio: Stone/Tile, Patio
  • Pool: Above Ground
  • Roof: Shingle
  • View: Mountains/Hills, Orchard/Grove, Trees/Woods
  • Exclusive Use Yard: Yes

Garage/Parking

  • Parking for RV: Hook-ups, On-Site Parking
  • Garage Details: Detached
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Garage Spaces: 4
  • Parking Spaces Total: 6

Utilities

  • Cooling: Wall/Window
  • Laundry Utilities: Electric
  • Sewer/Septic: Conventional Septic
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Electric
  • Telecommunications: Cable (coaxial)
  • Utilities: Cable Connected, Electricity Connected, Water Connected

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: FALLBROOK

Lot Info

  • Irrigation: Automatic, Sprinklers
  • Lot Size: 2+ to 4 AC
  • Topography: Level
  • Additional Property Use: Grove, Ranch/Farm, With Structures
  • Assessor Parcel Number: 102-361-09-00
  • Estimated Lot Sq Ft: 92782
  • Other Structures: Out Building, Shed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Sep 2, 2020
Sold by
Novack Mark D and Novack Danielle L
Bought by
Salomone Philip and Salomone Stacy
Seller's Agent
Kay Merg
RE/MAX Connections
Buyer's Agent
Cheree Dracolakis
Coldwell Banker Realty
List Price
$549,000
Sold Price
$620,000
Premium/Discount to List
$71,000
12.93%
Current Estimated Value
$858,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,333
Avg. Annual Appreciation
7.58%
Original Mortgage
$570,000
Outstanding Balance
$508,129
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$377,673

Purchase Details

Listed on
Apr 11, 2015
Closed on
Apr 16, 2015
Sold by
Vanpaepeghem Bill G
Bought by
Novack Mark D and Novack Danielle L
Seller's Agent
Destry Johnson
BHHS Ranch & Coast Real Estate
Buyer's Agent
Destry Johnson
BHHS Ranch & Coast Real Estate
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%
Original Mortgage
$379,050
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2006
Sold by
Vanpaepeghem Bill G
Bought by
Vanpaepeghem Bill G

Purchase Details

Closed on
Jan 21, 1987
Source: Public Records

Range of Values:

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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
Salomone Philip $620,000 First American Title
Novack Mark D $399,000 First American Title Company
Vanpaepeghem Bill G -- None Available
-- $64,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salomone Philip $570,000
Previous Owner Novack Mark D $379,050
Previous Owner Vanpaepeghem Bill G $118,372
Previous Owner Vanpaepeghem Bill G $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold $620,000 +12.9% $579 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $549,000 +37.6% $513 / Sq Ft
06/08/2015 06/08/15 Sold $399,000 0.0% $373 / Sq Ft
05/20/2015 05/20/15 Pending -- -- --
04/11/2015 04/11/15 For Sale $399,000 -- $373 / Sq Ft
Source: San Diego MLS

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 $6,848 $671,106 $432,972 $238,134
2024 $6,848 $657,948 $424,483 $233,465
2023 $6,681 $645,048 $416,160 $228,888
2022 $6,587 $632,400 $408,000 $224,400
2021 $6,484 $620,000 $400,000 $220,000
2020 $4,676 $438,471 $274,732 $163,739
2019 $4,587 $429,875 $269,346 $160,529
2018 $4,512 $421,447 $264,065 $157,382
2017 $930 $413,185 $258,888 $154,297
2016 $4,320 $405,084 $253,812 $151,272
2015 $1,741 $166,064 $85,989 $80,075
2014 $1,704 $162,812 $84,305 $78,507
Source: Public Records

Agents Affiliated with this Home

  • Kay Merg

    Seller's Agent in 2020

    Kay Merg

    RE/MAX

    (858) 248-0997

    62 Total Sales

    Section Image

  • C

    Buyer's Agent in 2020

    Cheree Dracolakis

    Coldwell Banker Realty

  • D

    Seller's Agent in 2015

    Destry Johnson

    BHHS Ranch & Coast Real Estate

    Section Image
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Map

Source: San Diego MLS

MLS Number: 200041066

San Diego MLS

APN: 102-361-09

California San Diego County Fallbrook 92028

1845 Camino Rainbow, Fallbrook, CA

This home is located at 1845 Camino Rainbow, Fallbrook, CA 92028 since 25 August 2020 and is currently estimated at $885,802, approximately $827 per square foot. This property was built in 1988. 1845 Camino Rainbow is a home located in San Diego County with nearby schools including Vallecitos Elementary School and Fallbrook High School.

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