NOT LISTED FOR SALE

1988 Rainbow Glen Rd Fallbrook, CA 92028

Estimated Value: $698,120 - $862,000

3 Beds
2 Baths
1,638 Sq Ft
$467/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $312,000 $190 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $4,336/month

44 Days on Market

Highlights

  • Panoramic View
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Slab Porch or Patio
  • Tile Flooring
  • Dining Room

About This Home

As of June 2013

Charming single story home on 0.52 flat acres with great views! Gorgeous on the outside! Fully fenced for privacy with newer grass and landscaping, stone walkways, covered porch, and plenty of room for pets, toys, and your RV. The inside features an elevated dining room with views to the yard, spacious living room, eat in kitchen, full house fan, 3 bedrooms and 2 full bathrooms. Interested parties need to move fast, this home has tons of potential and at this price it is sure to sell quickly! Neighborhoods: Rainbow Equipment: Range/Oven Other Fees: 0 Sewer: Septic Installed Topography: ,RSLP

Last Agent to Sell the Property

Casey Cooke

Redfin Corporation License #01845539 Listed on: 04/16/2013

Redfin Corporation

Last Buyer's Agent

Grace Santiago

Realty Source, Inc License #01461855

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 0.52 Acre Lot
  • Manual Sprinklers System

Parking

  • 8 Open Parking Spaces
  • 2 Car Garage
  • Parking Available

Property Views

  • Panoramic
  • Mountain

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,638 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Propane Dryer Hookup

Outdoor Features

  • Slab Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Propane Water Heater

Listing and Financial Details

  • Tax Lot 1988RainbowGlen92028
  • Assessor Parcel Number 1023006600

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1023006600
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1638.00
  • Stories: 1
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 190.48
  • Room Type: Main Floor Bedroom

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Panoramic
  • Patio And Porch Features: Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 8.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Propane Water Heater, Dishwasher, Disposal, Microwave
  • Heating Type: Propane, Forced Air
  • Laundry Features: Electric Dryer Hookup, Propane Dryer Hookup, Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Features: Sprinklers Manual, Sprinkler System
  • Lot Size Sq Ft: 22651.00
  • Lot Size Acres: 0.5200

Multi Family

  • Lot Size Area: 22651.0000 Square Feet

Tax Info

  • Tax Lot: 1988RainbowGlen92028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2013
Closed on
Jun 6, 2013
Sold by
Showalter Kent S and Showalter Kimberly K
Bought by
Shubaly Mikhail
Seller's Agent
Casey Cooke
Redfin Corporation
Buyer's Agent
Grace Santiago
Realty Source, Inc
List Price
$312,000
Sold Price
$312,000
Current Estimated Value
$764,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,530
Avg. Annual Appreciation
7.43%
Original Mortgage
$296,400
Outstanding Balance
$210,748
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$553,782

Purchase Details

Closed on
Sep 4, 2012
Sold by
Showalter Kent S
Bought by
Showalter Kent S and Showalter Kimberly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,350
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2012
Sold by
Showalter Kent S and Showalter Kimberly K
Bought by
Showalter Kent S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,350
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2005
Sold by
Showalter Kent S
Bought by
Showalter Kent S and Showalter Kimberly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 19, 2001
Sold by
Mock Donald E and Mock Maria H
Bought by
Showalter Kent S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
7.14%

Purchase Details

Closed on
Jun 29, 1994
Sold by
Mock Donald E and Mock Maria H
Bought by
Mock Donald E and Mock Maria H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shubaly Mikhail $312,000 Chicago Title Company
Showalter Kent S -- Ticor Title
Showalter Kent S -- Ticor Title Company Of Ca
Showalter Kent S -- First American Title Ins Co
Showalter Kent S $237,000 First American Title
Mock Donald E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shubaly Mikhail $296,400
Previous Owner Showalter Kent S $161,350
Previous Owner Showalter Kent S $170,000
Previous Owner Showalter Kent S $187,000
Closed Showalter Kent S $35,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2013 06/28/13 Sold $312,000 0.0% $190 / Sq Ft
05/30/2013 05/30/13 Pending -- -- --
04/16/2013 04/16/13 For Sale $312,000 -- $190 / 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 $3,961 $384,192 $204,104 $180,088
2024 $3,961 $376,659 $200,102 $176,557
2023 $3,864 $369,275 $196,179 $173,096
2022 $3,810 $362,035 $192,333 $169,702
2021 $3,710 $354,937 $188,562 $166,375
2020 $3,726 $351,299 $186,629 $164,670
2019 $3,655 $344,412 $182,970 $161,442
2018 $3,594 $337,660 $179,383 $158,277
2017 $930 $331,040 $175,866 $155,174
2016 $3,440 $324,550 $172,418 $152,132
2015 $3,387 $319,676 $169,829 $149,847
2014 $3,313 $313,415 $166,503 $146,912
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Casey Cooke

    Redfin Corporation

    Casey Cooke
    Section Image

  • G

    Buyer's Agent in 2013

    Grace Santiago

    Realty Source, Inc

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 130020445

California Regional Multiple Listing Service (CRMLS)

APN: 102-300-66

California San Diego County Fallbrook 92028

1988 Rainbow Glen Rd, Fallbrook, CA

Not Listed for Sale

Detached

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