NOT LISTED FOR SALE

2784 Rainbow Glen Rd Fallbrook, CA 92028

Estimated Value: $391,301

19.08 Acres
$20,508 Price per Acre
831,125 Sq Ft Lot

Last Sold April 11, 2023

Last sale price $300,000

Est. 30% increase in value since last sale

Current estimated payment $2,216/month

17 Days on Market

Highlights

  • 19.08 Acre Lot
  • No HOA
  • Gentle Sloping Lot
  • Mountain View
  • Foothills

About This Lot

As of April 2023

Ever wonder what makes Rainbow so wildly wonderful? Check out this property and see for yourself! This is an outstanding 20 acre property in Rainbow, on the northern edge of Fallbrook, just south of Temecula and on the west side and very near the 15 freeway. The property has a roughly graded pad, water to the property and electricity at the street. Surrounded by all types of agriculture and custom homes, this lot has incredible westerly views of the valley below and the mountains off in the distance. Come build your forever home, establish an avocado or citrus grove, grow flowers, a vineyard, olives, coffee trees, start a nursery. The climate is ideal and the options are endless. Don't miss out!

Last Agent to Sell the Property

John Goga

RedRock License #01156272 Listed on: 03/10/2023

Last Buyer's Agent

Justin Bringas

LPT Realty, Inc License #01347670

LPT Realty, Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,008

Lot Details

  • 19.08 Acre Lot
  • Rural Setting
  • Corners Of The Lot Have Been Marked
  • Gentle Sloping Lot
  • The property's topography is rolling
  • 102-740-03-00
  • Property is zoned A70

Property Views

  • Mountain
  • Valley

Community Details

  • No Home Owners Association
  • Fallbrook Subdivision
  • Foothills
  • Mountainous Community

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 1027400200
  • $366 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$1,008

Lot Details

0

Listing Details

  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Zoning: A70
  • Property Type: Land
  • Parcel Number: 1027400200
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.36

Exterior Features

  • View: Mountain(s), Valley

Utilities

  • Utilities: Electricity Available, Water Connected
  • Water Source: Public
  • Water Well: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Mountainous, Rural

Lot Info

  • Topography: Rolling
  • Additional Parcels: No
  • Additional Parcels Description: 102-740-03-00
  • Land Lease: No
  • Lot Features: Corners Marked, Gentle Sloping
  • Lot Size Sq Ft: 831124.80
  • Usable Land Percent: 100
  • Lot Size Acres: 19.0800
  • Latitude Manual: 33.43042300

Multi Family

  • Lot Size Area: 19.0800 Acres

Tax Info

  • Tax Census Tract: 190.01
  • Tax Lot: 4
  • TaxOtherAnnualAssessmentAmount: 366.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Mar 28, 2023
Sold by
Yi Dale David
Bought by
Panek John R
Seller's Agent
John Goga
RedRock
Buyer's Agent
Justin Bringas
LPT Realty, Inc
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Views
70
Current Estimated Value
$391,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,301

Purchase Details

Closed on
May 7, 2010
Sold by
Yi Kyung R
Bought by
Yi Dale David

Purchase Details

Closed on
May 4, 2005
Sold by
Yi Bang C
Bought by
Yi Kyung R

Purchase Details

Closed on
Apr 26, 2005
Sold by
Choi Kevin and Choi Edith B
Bought by
Yi Kyung R

Purchase Details

Closed on
Nov 5, 2001
Sold by
Renskers Karen
Bought by
Choi Kevin and Choi Edith B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.39%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 26, 1997
Sold by
Mukai Living Trust 08-24-90
Bought by
Renskers Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
7.45%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

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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
Panek John R $300,000 Fidelity National Title Compan
Yi Dale David -- Fidelity National Title Compan
Yi Dale David -- None Available
Yi Kyung R -- Chicago Title
Yi Kyung R $250,000 Chicago Title Co
Choi Kevin $175,000 Commonwealth Land Title Co
Renskers Karen $84,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yi Kyung R $250,000
Previous Owner Yi Kyung R $100,000
Previous Owner Choi Kevin $90,000
Previous Owner Renskers Karen $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2023 04/11/23 Sold $300,000 -7.7% --
03/27/2023 03/27/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $325,000 -- --
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 $1,008 $236,170 $236,170 --
2024 $1,008 $231,540 $231,540 --
2023 $3,832 $334,939 $334,939 $0
2022 $3,783 $328,372 $328,372 $0
2021 $3,692 $321,934 $321,934 $0
2020 $3,707 $318,633 $318,633 $0
2019 $3,642 $312,386 $312,386 $0
2018 $3,588 $306,261 $306,261 $0
2017 $3,524 $300,256 $300,256 $0
2016 $3,450 $294,369 $294,369 $0
2015 $3,402 $289,948 $289,948 $0
2014 $3,335 $284,269 $284,269 $0
Source: Public Records

Agents Affiliated with this Home

  • John Goga

    Seller's Agent in 2023

    John Goga

    RedRock

    (951) 551-0793

    74 Total Sales

    John Goga
    Section Image
  • Justin Bringas

    Buyer's Agent in 2023

    Justin Bringas

    LPT Realty, Inc

    (951) 800-8182

    300 Total Sales

    Justin Bringas
    Section Image

  • B

    Buyer Co-Listing Agent in 2023

    Brian Prieboy

    LPT Realty, Inc

    (951) 260-2098

    92 Total Sales

    Brian Prieboy
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW23040744

California Regional Multiple Listing Service (CRMLS)

APN: 102-740-02

California San Diego County Fallbrook 92028

2784 Rainbow Glen Rd, Fallbrook, CA

This home is located at 2784 Rainbow Glen Rd, Fallbrook, CA 92028 since 10 March 2023 and is currently priced at $391,301. 2784 Rainbow Glen Rd is a home located in San Diego County with nearby schools including Vallecitos Elementary School and Fallbrook High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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