NOT LISTED FOR SALE

2205 Rainbow Valley Blvd Fallbrook, CA 92028

Estimated Value: $467,977

2.71 Acres
$172,685 Price per Acre
118,048 Sq Ft Lot

Last Sold December 13, 2023

Last sale price $450,000

Est. 4% increase in value since last sale

Current estimated payment $2,750/month

7 Days on Market

About This Lot

As of December 2023

Nursery or Home Parcel in Rainbow Area of Fallbrook. Parcel is great is for Farming and Nursery or? Buyer to check with the San Diego County for any restrictive zoning issues, and or Approved Conditions that may be regulated by San Diego County.

Last Agent to Sell the Property

John Harkey

First Team Real Estate License #00469765 Listed on: 11/07/2023

First Team Real Estate

Co-Listed By

Gary Crutchley

NON-MEMBER/NBA or BTERM OFFICE License #00665515

Last Buyer's Agent

Ernie Lopez

Canyon Country Properties License #00918220

Property Details

Property Type

  • Land

Lot Details

  • 2.71 Acre Lot
  • Rural Setting
  • Property is zoned RR

Additional Features

  • Agricultural
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Fallbrook Subdivision

Listing and Financial Details

  • Tax Tract Number 880
  • Assessor Parcel Number 1024302400
  • Tax Block L2
  • $89 per year additional tax assessments

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Road Frontage Type: Country Road
  • Road Surface Type: Paved
  • Subdivision Name Other: Fallbrook
  • View: No
  • Zoning: RR
  • Property Type: Land
  • Parcel Number: 1024302400
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 3.81

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Sewer: None
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural
  • Lot Size Sq Ft: 118048.00
  • Lot Size Acres: 2.7100

Multi Family

  • Lot Size Area: 118048.0000 Square Feet

Tax Info

  • Tax Block: L2
  • Tax Census Tract: 190.02
  • Tax Tract Number: 880
  • TaxOtherAnnualAssessmentAmount: 89.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2025
Sold by
Feregrino Jose and Hernandez Amalia
Bought by
Feregrino Family Trust and Sanchez
Current Estimated Value
$467,977

Purchase Details

Listed on
Nov 7, 2023
Closed on
Nov 20, 2023
Sold by
Legg Jackie and Legg Carissa
Bought by
Feregrino Jose and Hernandez Amalia
Seller's Agent
John Harkey
First Team Real Estate
Buyer's Agent
Ernie Lopez
Canyon Country Properties
List Price
$469,000
Sold Price
$450,000
Premium/Discount to List
-$19,000
-4.05%
Views
89

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.91%

Purchase Details

Listed on
Jul 9, 2019
Closed on
Jan 2, 2020
Sold by
Chen Chung Ming and Chang Hsiu Chen
Bought by
Legg Jackie and Legg Carissa
Seller's Agent
Martha Robles
Keller Williams College Park
Buyer's Agent
Andrew Jimenez
Realty ONE Group Southwest
List Price
$399,900
Sold Price
$320,000
Premium/Discount to List
-$79,900
-19.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%
Original Mortgage
$224,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2000
Sold by
Won Choi Kae and Sook In
Bought by
Chen Chung Ming and Chang Hsiu Chen

Purchase Details

Closed on
Jun 30, 1987
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
Feregrino Family Trust -- None Listed On Document
Feregrino Jose $450,000 Stewart Title
Legg Jackie $320,000 Fidelity National Title Co
Chen Chung Ming $130,000 Commonwealth Land Title Co
-- $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Legg Jackie $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/13/2023 12/13/23 Sold $450,000 -4.1% --
11/14/2023 11/14/23 Pending -- -- --
11/07/2023 11/07/23 For Sale $469,000 +46.6% --
01/27/2020 01/27/20 Sold $320,000 -14.7% -- View Prior Sale
10/30/2019 10/30/19 Pending -- -- --
09/05/2019 09/05/19 Price Changed $375,000 -6.2% --
07/09/2019 07/09/19 For Sale $399,900 -- --
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 $3,656 $459,000 $448,800 $10,200
2024 $3,656 $343,101 $305,576 $37,525
2023 $3,570 $336,375 $299,585 $36,790
2022 $3,521 $329,780 $293,711 $36,069
2021 $3,430 $323,314 $287,952 $35,362
2020 $2,005 $182,682 $147,555 $35,127
2019 $1,968 $179,101 $144,662 $34,439
2018 $1,936 $175,590 $141,826 $33,764
2017 $1,900 $172,148 $139,046 $33,102
2016 $1,858 $168,773 $136,320 $32,453
2015 $1,830 $166,239 $134,273 $31,966
2014 $1,791 $162,983 $131,643 $31,340
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    John Harkey

    First Team Real Estate

    Section Image

  • G

    Seller Co-Listing Agent in 2023

    Gary Crutchley

    NON-MEMBER/NBA or BTERM OFFICE

    Section Image

  • E

    Buyer's Agent in 2023

    Ernie Lopez

    Canyon Country Properties

    (951) 246-1800

    19 Total Sales

    Ernie Lopez
    Section Image
  • Martha Robles

    Seller's Agent in 2020

    Martha Robles

    Keller Williams College Park

    (951) 633-1191

    109 Total Sales

    Martha Robles
    Section Image

  • A

    Seller Co-Listing Agent in 2020

    Andrew Jimenez

    Realty ONE Group Southwest

    (951) 216-2000

    38 Total Sales

    Andrew Jimenez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW23203476

California Regional Multiple Listing Service (CRMLS)

APN: 102-430-24

California San Diego County Fallbrook 92028

2205 Rainbow Valley Blvd, Fallbrook, CA

Not Listed for Sale

Lots

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