NOT LISTED FOR SALE

2063 Rainbow Glen Rd Fallbrook, CA 92028

Estimated Value: $969,010 - $1,237,000

3 Beds
4 Baths
2,671 Sq Ft
$417/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $675,000 $253 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $6,436/month

265 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Workshop
  • Laundry Room
  • Den
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of May 2019

This gated custom home is a rare find, cedar siding, with two turrets, extra large rooms, Formal Dining, Den, and family room. A detached 1200 square foot work shop/ 6 car garage with a 24' single door roll up is the bonus. Bring you car collector he or she will love it. Nestled in beautiful Rainbow, the home sits on 2 private acres with a 4 acre parcel above the home insures privacy, and comes with the one purchase price. Central Air and heat with a new Quiet cool circulating air pump. Neighborhoods: Rainbow Equipment: Dryer,Garage Door Opener, Satellite Dish, Vacuum/Central, Washer, Water Filtration Other Fees: 0 Sewer: Septic Installed Topography: GSL

Last Agent to Sell the Property

Patrick Marelly

Compass License #01054284 Listed on: 08/09/2018

Compass

Co-Listed By

Joe Mears

Rainbow Real Estate License #00591201

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,272

Year Built

  • Built in 1987

Lot Details

  • Partially Fenced Property
  • Chain Link Fence
  • Electric Fence

Parking

  • 8 Car Garage

Home Design

  • Split Level Home
  • Wood Siding

Interior Spaces

  • 2,671 Sq Ft Home
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Den
  • Workshop

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Propane Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Vented Exhaust Fan
  • Water Purifier

Listing and Financial Details

  • Assessor Parcel Number 1023004300

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,272

Year Built

Built in 1987

Lot Details

0

Parking

8

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Rainbow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1023004300
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2671.00
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Multi/Split
  • Price Per Square Foot: 252.71
  • Room Type: Den, Workshop

Exterior Features

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

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Built-In Range, Electric Oven, Ice Maker, Propane Range, Vented Exhaust Fan, Water Purifier, Propane Cooking
  • Heating Type: Electric, Propane, Forced Air
  • Laundry Features: Electric Dryer Hookup, Propane Dryer Hookup, Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2018
Closed on
Apr 19, 2019
Sold by
The Smith Family Trust
Bought by
Everett Chad B and Everett Krissy M
Seller's Agent
Patrick Marelly
Compass
List Price
$750,000
Sold Price
$675,000
Premium/Discount to List
-$75,000
-10%
Current Estimated Value
$1,113,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,753
Avg. Annual Appreciation
8.13%
Original Mortgage
$575,000
Outstanding Balance
$503,460
Interest Rate
4.1%
Mortgage Type
VA
Estimated Equity
$610,293

Purchase Details

Closed on
Sep 7, 1994
Sold by
Smith Richard Arthur and Smith Patricia Ann
Bought by
Smith Richard Arthur and Smith Patricia Ann

Purchase Details

Closed on
Feb 7, 1984
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
Everett Chad B $675,000 Ticor Title San Diego Branch
Smith Richard Arthur -- --
-- $157,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Everett Chad B $575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2019 05/31/19 Sold $675,000 -10.0% $253 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
08/09/2018 08/09/18 For Sale $750,000 -- $281 / 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 $7,272 $712,506 $234,039 $478,467
2024 $7,272 $698,536 $229,450 $469,086
2023 $7,095 $684,840 $224,951 $459,889
2022 $6,995 $671,413 $220,541 $450,872
2021 $10,217 $658,249 $216,217 $442,032
2020 $6,776 $645,500 $214,000 $431,500
2019 $3,965 $377,275 $101,017 $276,258
2018 $3,898 $369,879 $99,037 $270,842
2017 $3,820 $362,628 $97,096 $265,532
2016 $3,729 $355,519 $95,193 $260,326
2015 $3,671 $350,180 $93,764 $256,416
2014 $3,591 $343,322 $91,928 $251,394
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 180044214

California Regional Multiple Listing Service (CRMLS)

APN: 102-300-43