NOT LISTED FOR SALE

2001 Rainbow Valley Blvd Fallbrook, CA 92028

Estimated Value: $724,478 - $844,000

2 Beds
1 Bath
998 Sq Ft
$772/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $630,000 $631 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,759/month

10 Days on Market

Highlights

  • Horse Property Unimproved
  • Gated Parking
  • Wooded Lot
  • RV Access or Parking
  • View of Trees or Woods
  • No HOA

About This Home

As of March 2023

Welcome to 2001 Rainbow Valley Blvd, a charming 2 bedroom, 1 bathroom home nestled on a picturesque 1.75 acres of land in Fallbrook, CA (chain linked fence) . This property offers the perfect balance of privacy and convenience, with easy access to the freeway and the natural beauty of serene oak trees surrounding the home. The home features a cozy living room with a fireplace, perfect for snuggling up on chilly nights. The kitchen is equipped with all appliances and ample cabinetry for storage. The bedrooms are well-sized and bright, with plenty of natural light and ample closet space.
Outside, you'll find a large yard with plenty of room for gardening, entertaining, or simply enjoying the beautiful California weather. There is a seasonal stream towards the back of the property, surrounded by beautiful trees! There is an adorable little play house for the kids to play with, some citrus trees and raised garden beds for your veggies! & lastly the property also offers a detached workshop, ideal for woodworking, tools or as a work space! Don't miss out on the opportunity to own this unique and serene property in the heart of Fallbrook. Schedule a showing today!

Last Agent to Sell the Property

Melina Gonzalez

Reliable Realty Inc. License #02006449 Listed on: 02/04/2023

Last Buyer's Agent

Holly Szychulda

Investor's Choice Executive RE License #01865791

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,749

Year Built

  • Built in 1977

Lot Details

  • 1.75 Acre Lot
  • Rural Setting
  • Chain Link Fence
  • Wooded Lot
  • Garden
  • Back and Front Yard
  • Property is zoned A70

Property Views

  • Woods
  • Mountain
  • Neighborhood
  • Rock

Home Design

  • Cosmetic Repairs Needed
  • Slab Foundation

Interior Spaces

  • 998 Sq Ft Home
  • Entryway
  • Family Room with Fireplace
  • Living Room

Kitchen

  • Galley Kitchen
  • Microwave

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen

Parking

  • Parking Available
  • Combination Of Materials Used In The Driveway
  • Gravel Driveway
  • Gated Parking
  • Paved Parking
  • Parking Lot
  • RV Access or Parking

Outdoor Features

  • Separate Outdoor Workshop
  • Shed
  • Rain Gutters

Horse Facilities and Amenities

  • Horse Property Unimproved

Utilities

  • Central Air
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • Mountainous Community

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 880
  • Assessor Parcel Number 1026701600
  • $67 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,749

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: A70
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1026701600
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 998.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 631.26
  • Room Type: Entry, Family Room, Galley Kitchen, Living Room
  • Bathroom Features: Shower, Walk-In Shower

Exterior Features

  • Foundation: Slab
  • Other Structures: Shed(s), Storage, Workshop
  • Exterior Features: Rain Gutters
  • View: Mountain(s), Neighborhood, Rocks, Trees/Woods
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Driveway - Combination, Concrete, Gravel, Paved, Gated, Parking Space, RV Access/Parking, RV Potential

Utilities

  • Laundry: Yes
  • Appliances: Microwave
  • Laundry Features: In Kitchen
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Fallbrook Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Horse Property Unimproved, Rocks, Treed Lot
  • Lot Size Sq Ft: 76230.00
  • Lot Size Acres: 1.7500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 76230.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Stream

Tax Info

  • Tax Census Tract: 190.02
  • Tax Lot: 11
  • Tax Tract Number: 880
  • TaxOtherAnnualAssessmentAmount: 67.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2023
Closed on
Feb 22, 2023
Sold by
Baker Family Trust
Bought by
Baca-Magana Linda Olivia and Magana-Corona Jesus Eduardo
Seller's Agent
Melina Gonzalez
Reliable Realty Inc.
Buyer's Agent
Holly Szychulda
Investor's Choice Executive RE
List Price
$575,000
Sold Price
$630,000
Premium/Discount to List
$55,000
9.57%
Views
42
Current Estimated Value
$770,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,120
Avg. Annual Appreciation
5.94%
Original Mortgage
$598,500
Outstanding Balance
$581,117
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$145,471

Purchase Details

Closed on
Nov 3, 2015
Sold by
Baker Edward R and Baker Patricia A
Bought by
Baker Family Trust

Purchase Details

Closed on
Oct 20, 1995
Sold by
Conner Robert A
Bought by
Baker Edward R and Baker Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.59%

Purchase Details

Closed on
Mar 16, 1988
Source: Public Records

Range of Values:

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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
Baca-Magana Linda Olivia $630,000 Fidelity National Title
Baker Family Trust -- None Available
Baker Edward R $130,000 --
Conner Robert A -- --
-- $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baca-Magana Linda Olivia $598,500
Previous Owner Baker Edward R $73,708
Previous Owner Baker Edward R $92,000
Previous Owner Baker Edward R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $630,000 +9.6% $631 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
02/14/2023 02/14/23 For Sale $575,000 -8.7% $576 / Sq Ft
02/08/2023 02/08/23 Off Market $630,000 -- --
02/04/2023 02/04/23 For Sale $575,000 -- $576 / 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 $6,749 $655,452 $520,200 $135,252
2024 $6,749 $642,600 $510,000 $132,600
2023 $2,143 $207,551 $118,912 $88,639
2022 $2,111 $203,482 $116,581 $86,901
2021 $2,056 $199,494 $114,296 $85,198
2020 $2,064 $197,450 $113,125 $84,325
2019 $2,024 $193,579 $110,907 $82,672
2018 $1,989 $189,784 $108,733 $81,051
2017 $930 $186,063 $106,601 $79,462
2016 $1,901 $182,415 $104,511 $77,904
2015 $1,872 $179,676 $102,942 $76,734
2014 $1,831 $176,157 $100,926 $75,231
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW23009882

California Regional Multiple Listing Service (CRMLS)

APN: 102-670-16