NOT LISTED FOR SALE

2740 Rainbow Glen Rd Fallbrook, CA 92028

Estimated Value: $874,670 - $1,222,000

3 Beds
2 Baths
1,918 Sq Ft
$533/Sq Ft Est. Value

Last Sold September 25, 2012

Last sale price $500,000 $261 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $5,896/month

39 Days on Market

Highlights

  • Barn
  • Panoramic View
  • Covered Patio or Porch
  • Greenhouse
  • 8.26 Acre Lot
  • Workshop

About This Home

As of September 2012

Beautiful Rainbow ranch property with incredible views and peaceful setting. partially fenced & gated, gentle & rolling land that is usable for horses & growing. This property has many improvements including a 2 bedroom guest house, a one bedroom labor house, storage and workshop. 20x30 horse barn with 5 pipe corrals chicken coop and area to graze and ride. Outside buildings and guest houses were built without permits. 20 Hass & 15 Fuerte avo's, 30 Navals, 6 Valencias & 4 Blood orange, 5 Tang., 10 Kumq [Supplement]: 1 Inch water meter. This property is very interesting in that it has a lot of charm and personality due to all the improvements. A great farm or ranch for those who want to raise animals, crops or kids!

Last Agent to Sell the Property

Craig Ohlson

Rainbow Real Estate License #01079713 Listed on: 07/18/2012

Last Buyer's Agent

Out of Area Agent

Out of Area Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 8.26 Acre Lot
  • Lot Has A Rolling Slope
  • Sprinklers on Timer
  • Property is zoned A70

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Parking Available
  • Garage Door Opener

Property Views

  • Panoramic
  • Mountain

Home Design

  • Concrete Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,918 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Workshop

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Greenhouse
  • Outbuilding

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1027401200

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: FALLBROOK
  • View: Yes
  • Zoning: A70
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1027401200
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1918.00 Square Feet
  • Stories: 1
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Fire Pit
  • Levels: One
  • Price Per Square Foot: 260.69
  • Room Type: Workshop

Exterior Features

  • Patio: Yes
  • Foundation: Concrete Perimeter
  • Other Structures: Barn(s), Greenhouse, Outbuilding
  • View: Mountain(s), Panoramic
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Roof: Concrete
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Propane Water Heater, Refrigerator
  • Heating Type: Fireplace(s), Forced Air, Propane
  • Laundry Features: Dryer Included, Electric Dryer Hookup, In Garage, Propane Dryer Hookup
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rolling Slope, Sprinkler System, Sprinklers Manual, Sprinklers Timer
  • Lot Size Sq Ft: 359805.60
  • Lot Size Acres: 8.2600

Multi Family

  • Lot Size Area: 8.2600 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2012
Closed on
Sep 19, 2012
Sold by
Donnelly Richard Edward
Bought by
Taylor Craig and Taylor Lisa
Seller's Agent
Craig Ohlson
Rainbow Real Estate
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$575,000
Sold Price
$500,000
Premium/Discount to List
-$75,000
-13.04%
Current Estimated Value
$1,022,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,168
Avg. Annual Appreciation
5.54%
Original Mortgage
$400,000
Outstanding Balance
$276,522
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$745,646

Purchase Details

Closed on
Dec 28, 1998
Sold by
Donnelly Richard E
Bought by
Donnelly Richard Edward and Donnelly Helen Ilene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,800
Interest Rate
6.82%

Purchase Details

Closed on
Dec 3, 1998
Sold by
Donnelly Helen Ilene
Bought by
Donnelly Richard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,800
Interest Rate
6.82%

Purchase Details

Closed on
Dec 2, 1998
Sold by
Paul Davis
Bought by
Donnelly Richard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,800
Interest Rate
6.82%

Purchase Details

Closed on
Dec 15, 1994
Sold by
Ba Properties Inc
Bought by
Davis Paul and Black Kay E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
9.2%

Purchase Details

Closed on
Oct 28, 1994
Sold by
Slayton Harold A and Shoemaker Shirley J
Bought by
Ba Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
9.2%

Purchase Details

Closed on
Aug 15, 1990
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Taylor Craig $500,000 First American Title Company
Donnelly Richard Edward -- Guardian Title
Donnelly Richard E -- First American Title
Donnelly Richard E $284,000 First American Title
Davis Paul $255,000 Commonwealth Land Title Co
Ba Properties Inc $294,922 Stewart Title Company
-- $418,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Craig $400,000
Previous Owner Donnelly Richard E $198,800
Previous Owner Davis Paul $203,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2012 09/25/12 Sold $500,000 -13.0% $261 / Sq Ft
08/26/2012 08/26/12 Pending -- -- --
07/18/2012 07/18/12 For Sale $575,000 -- $300 / 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 $6,481 $615,701 $193,153 $422,548
2024 $6,481 $603,629 $189,366 $414,263
2023 $6,327 $591,794 $185,653 $406,141
2022 $6,240 $580,191 $182,013 $398,178
2021 $6,080 $568,816 $178,445 $390,371
2020 $6,105 $562,985 $176,616 $386,369
2019 $5,991 $551,947 $173,153 $378,794
2018 $5,894 $541,125 $169,758 $371,367
2017 $7,457 $530,516 $166,430 $364,086
2016 $7,326 $520,115 $163,167 $356,948
2015 $5,563 $512,304 $160,717 $351,587
2014 $5,446 $502,269 $157,569 $344,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Craig Ohlson

    Rainbow Real Estate

    Section Image

  • O

    Buyer's Agent in 2012

    Out of Area Agent

    Out of Area Office

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 120036431

California Regional Multiple Listing Service (CRMLS)

APN: 102-740-12

California San Diego County Fallbrook 92028

2740 Rainbow Glen Rd, Fallbrook, CA

Not Listed for Sale

Detached

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