NOT LISTED FOR SALE

2043 Rainbow Valley Blvd Fallbrook, CA 92028

Estimated Value: $463,000 - $698,000

1 Bed
2 Baths
500 Sq Ft
$1,112/Sq Ft Est. Value

Last Sold February 22, 2018

Last sale price $90,000 $180 Per Sq Ft

Est. 518% increase in value since last sale

Current estimated payment $3,229/month

253 Days on Market

Highlights

  • Partially Fenced Property
  • No Heating
  • 1-Story Property
  • Wood Siding

About This Home

As of February 2018

Take a step back in time, this 1928 Red Crown gas station has been used as a Real estate office for the last 30 years. It is a designated Historic Landmark in San Diego County. Agent has paperwork. The building itself is situated in the heart of Rainbow Valley, it has 4 rooms approximately all 11x7, 2 half baths with toilets and sinks only. Perfect for the nostalgic buyer, or an office rental, a large traffic count in this location. Neighborhoods: Rainbow Other Fees: 0 Sewer: Septic Installed Topography: LL

Last Agent to Sell the Property

Joe Mears

Rainbow Real Estate License #00591201 Listed on: 05/16/2017

Last Buyer's Agent

Kim McMillan

Coldwell Banker West License #01099332

Coldwell Banker West

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1921

Lot Details

  • 900 Sq Ft Lot
  • Partially Fenced Property
  • Chain Link Fence

Parking

  • Parking Available

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 500 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 10242022

Home Details

Home Type

Single Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Rainbow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 10242022
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Living Area: 500.00
  • Stories: 1
  • Appliances: No
  • Half Bathrooms: 2
  • Total Bedrooms: 1
  • Levels: One
  • Price Per Square Foot: 180.00

Exterior Features

  • Fence: Yes
  • Fencing: Partial, Chain Link
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: Yes

Utilities

  • Heating: No
  • Laundry: No

Lot Info

  • Lot Size Sq Ft: 900.00

Multi Family

  • Lot Size Area: 900.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2022
Sold by
Bernarda Zillman Lercy
Bought by
Moorehoward Investments Llc
Current Estimated Value
$556,026

Purchase Details

Listed on
May 16, 2017
Closed on
Feb 10, 2018
Sold by
Zillman Darryl Gaylor
Bought by
Zillman Lercy Bernarda
Seller's Agent
Joe Mears
Rainbow Real Estate
Buyer's Agent
Kim McMillan
Coldwell Banker West
List Price
$249,000
Sold Price
$90,000
Premium/Discount to List
-$159,000
-63.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.11%

Purchase Details

Listed on
May 16, 2017
Closed on
Feb 1, 2018
Sold by
Duarte Jeannette L
Bought by
Zillman Lercy Bernarda
Seller's Agent
Joe Mears
Rainbow Real Estate
Buyer's Agent
Kim McMillan
Coldwell Banker West
List Price
$249,000
Sold Price
$90,000
Premium/Discount to List
-$159,000
-63.86%

Purchase Details

Closed on
Nov 3, 1995
Sold by
Duarte Jeannette L
Bought by
Duarte Jeannette L
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
Moorehoward Investments Llc $345,000 Corinthian Title
Moorehoward Investments Llc $345,000 Corinthian Title
Zillman Lercy Bernarda -- Ticor Title San Diego Branch
Zillman Lercy Bernarda $90,000 Ticor Title San Diego Branch
Duarte Jeannette L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2018 02/22/18 Sold $90,000 -63.9% $180 / Sq Ft
01/24/2018 01/24/18 Pending -- -- --
05/16/2017 05/16/17 For Sale $249,000 -- $498 / 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 $3,776 $366,115 $259,995 $106,120
2024 $3,776 $358,938 $254,898 $104,040
2023 $3,684 $351,900 $249,900 $102,000
2022 $1,043 $96,496 $85,775 $10,721
2021 $1,016 $94,605 $84,094 $10,511
2020 $1,020 $93,636 $83,232 $10,404
2019 $1,001 $91,800 $81,600 $10,200
2018 $282 $23,395 $23,395 $0
2017 $277 $22,937 $22,937 $0
2016 $271 $22,488 $22,488 $0
2015 $268 $22,151 $22,151 $0
2014 $263 $21,718 $21,718 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Joe Mears

    Rainbow Real Estate

    Section Image

  • K

    Buyer's Agent in 2018

    Kim McMillan

    Coldwell Banker West

    (619) 977-0697

    30 Total Sales

    Kim McMillan
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 170025669

California Regional Multiple Listing Service (CRMLS)

APN: 102-420-22

California San Diego County Fallbrook 92028

2043 Rainbow Valley Blvd, Fallbrook, CA

Not Listed for Sale

Detached

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