NOT LISTED FOR SALE

2662 Rainbow Glen Rd Fallbrook, CA 92028

Estimated Value: $751,705 - $835,000

2 Beds
1 Bath
1,118 Sq Ft
$700/Sq Ft Est. Value

Last Sold September 26, 2024

Last sale price $750,000 $671 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,477/month

7 Days on Market

Highlights

  • 2 Car Detached Garage
  • Solar Heating System
  • Partially Fenced Property
  • Fireplace
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of September 2024

Charming Craftsman Retreat with Modern Amenities on just under 5 Acres Welcome to this enchanting 2-bedroom, 1-bath Craftsman-style home, nestled in the countryside. This property is a perfect blend of rustic charm and modern convenience, offering an idyllic escape with easy freeway access. Step inside and be captivated by the warmth and character that fills every corner of this home. Gorgeous wooden touches, from solid wood doors to a built-in oak bookcase with a cozy window seat, exude timeless charm. The living area invites you to unwind, with a cozy potbelly stove, recessed lighting, and stunning open beam rafters beneath a cedar roof. Underfoot, the engineered Brazilian Koa hardwood floors and Saltillo tile blend durability with classic style, providing a rich foundation for the home’s inviting atmosphere. The kitchen is a chef’s dream, featuring sleek quartz countertops, elegant oak cabinets, and a gas stove with built-in air fryer. A copper barn style sink and Mediterranean bronze hardware add a touch of rustic elegance, while track lighting highlights the beauty of this well-appointed space. Both bedrooms are light-filled sanctuaries, complete with ceiling fans to keep you comfortable year-round. The bathroom continues the theme with pine cabinets and a stunning copper sink. Modern comforts are seamlessly integrated with central A/C and forced air heating, ensuring a cozy retreat in every season. The oversized detached double garage provides ample storage space, and with paid-off solar panels, you’ll enjoy energy efficiency. This is a must see!

Last Agent to Sell the Property

Steven Wener

eXp Realty of California, Inc. License #01874599 Listed on: 08/16/2024

eXp Realty of California, Inc.

Last Buyer's Agent

Julian Tucker

First Team Real Estate License #02056555

First Team Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • 4.71 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Property is zoned AGRICULTUR

Parking

  • 2 Car Detached Garage
  • Unpaved Driveway

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,118 Sq Ft Home
  • 1-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Garage
  • Electric Dryer Hookup

Eco-Friendly Details

  • Solar Heating System

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Separate Water Meter
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 102-740-10-00

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: North County
  • Cross Street: sumac summit
  • LP / Sq Ft: 670.84
  • Price Per Sq Ft: 670.84
  • SP/ Sq Ft: 670.84
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1991
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 14x12
  • Full Bathrooms: 1
  • Laundry Location: Garage
  • Estimated Sq Ft: 1118
  • Total Bathrooms: 1

Exterior Features

  • Exterior Material: Wood
  • Fencing: Partial
  • Roof: Composition

Garage/Parking

  • Garage Details: Detached
  • Garage Spaces: 2
  • Non Garage Parking: Driveway, Driveway - Unpaved
  • Parking Spaces Total: 12

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric
  • Sewer/Septic: Septic Installed
  • Water: Meter on Property
  • Heating: Fireplace, Forced Air Unit
  • Heating Fuel: Propane, Solar, Wood

Lot Info

  • Lot Size: 4+ to 10 AC
  • Topography: Level, Slope Steep
  • Zoning: AGRICULTUR
  • Assessor Parcel Number: 102-740-10-00
  • Estimated Lot Sq Ft: 205167
  • Estimated Number of Acres: 4.71
  • Map Code Column: F
  • Map Code Page: 998
  • Map Code Row: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Sep 5, 2024
Sold by
Guerrero Cassandra and Guerrero Huinic
Bought by
Ahadome Theophilus K and Ahadome Sarah
Seller's Agent
Steven Wener
eXp Realty of California, Inc.
Buyer's Agent
Julian Tucker
First Team Real Estate
List Price
$750,000
Sold Price
$750,000
Views
64
Current Estimated Value
$782,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,426
Avg. Annual Appreciation
3.47%
Original Mortgage
$736,415
Outstanding Balance
$728,168
Interest Rate
6.49%
Mortgage Type
FHA
Estimated Equity
$54,258

Purchase Details

Closed on
Mar 25, 2019
Sold by
Guerrero Huinic and Guerrero Cassandra A
Bought by
Guerrero Cassandra and Guerrero Huinic

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2015
Closed on
Aug 19, 2015
Sold by
Adler Gerald L and Adler Wendy
Bought by
Guerrero Huinic and Guerrero Cassandra A
Seller's Agent
Susan Emory
North San Diego County Association of REALTORS(r)
Buyer's Agent
Jessi Scrape
Coldwell Banker Village Prop
List Price
$367,500
Sold Price
$367,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$360,843
Interest Rate
3.86%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 2014
Sold by
Adler Gerald L and Adler Gerald L
Bought by
Adler Gerald L and Adler Wendy

Purchase Details

Closed on
Jul 18, 1986
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
Ahadome Theophilus K $750,000 Ticor Title
Guerrero Cassandra -- Lawyers Title Sd
Guerrero Huinic $367,500 Ticor Title San Diego
Adler Gerald L -- None Available
-- $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahadome Theophilus K $736,415
Previous Owner Guerrero Cassandra $412,000
Previous Owner Guerrero Huinic $360,843
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2024 09/26/24 Sold $750,000 0.0% $671 / Sq Ft
08/24/2024 08/24/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $750,000 +104.1% $671 / Sq Ft
09/18/2015 09/18/15 Sold $367,500 0.0% $329 / Sq Ft View Prior Sale
08/03/2015 08/03/15 Pending -- -- --
07/27/2015 07/27/15 For Sale $367,500 -- $329 / Sq Ft
Source: San Diego MLS

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 $4,525 $750,000 $530,000 $220,000
2024 $4,525 $426,507 $194,592 $231,915
2023 $4,417 $418,145 $190,777 $227,368
2022 $4,355 $409,947 $187,037 $222,910
2021 $4,242 $401,910 $183,370 $218,540
2020 $4,259 $397,790 $181,490 $216,300
2019 $4,179 $389,991 $177,932 $212,059
2018 $4,110 $382,345 $174,444 $207,901
2017 $4,029 $374,849 $171,024 $203,825
2016 $3,936 $367,500 $167,671 $199,829
2015 $2,346 $208,948 $95,332 $113,616
2014 $2,299 $204,856 $93,465 $111,391
Source: Public Records

Agents Affiliated with this Home

  • Steven Wener

    Seller's Agent in 2024

    Steven Wener

    eXp Realty of California, Inc.

    (760) 300-9166

    82 Total Sales

    Steven Wener
    Section Image

  • J

    Buyer's Agent in 2024

    Julian Tucker

    First Team Real Estate

    Section Image

  • S

    Seller's Agent in 2015

    Susan Emory

    North San Diego County Association of REALTORS(r)

    Section Image
  • Donna Shanahan

    Seller Co-Listing Agent in 2015

    Donna Shanahan

    Coldwell Banker Village Prop

    (760) 522-7112

    23 Total Sales

    Donna Shanahan
    Section Image

  • J

    Buyer's Agent in 2015

    Jessi Scrape

    Coldwell Banker Village Prop

    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 240019393

San Diego MLS

APN: 102-740-10

California San Diego County Fallbrook 92028

2662 Rainbow Glen Rd, Fallbrook, CA

Not Listed for Sale

Detached

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