NOT LISTED FOR SALE

2805 Rainbow Glen Rd Fallbrook, CA 92028

Estimated Value: $915,000 - $997,000

3 Beds
3 Baths
1,694 Sq Ft
$566/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $660,000 $390 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,844/month

5 Days on Market

Highlights

  • Community Stables
  • Stables
  • Dance Studio
  • Barn
  • Horse Property
  • Home Theater

About This Home

As of November 2020

Super Buy on one of largest lots in rarely available Rainbow area of Fallbrook. Block concrete walls with solar equals minimum utility costs. Enter to Beautiful Living room and Cozy Fireplace to Country Kitchen with 2 pantries & family room with custom Spanish tile hearth, then relax on huge balcony with your favorite beverage while enjoying panoramic views in the morning or lazy afternoons. Get on with your favorite hobbies in enclosed patio area off family room or feed and work out your horses, farm animals or have private garden from fruit trees, wine grapes, macadamia nuts to cannibas planting. Sky's the limit. Huge Silverado aluminum sheet metal over wood stable with 5 12x12 stalls, 3 turnouts & 50ft Round Pen. Warrantied Tesla Solar system will keep utility bills low. Check this one out ASAP.

Last Agent to Sell the Property

John Silva

Berkshire Hathaway HomeService License #01170426 Listed on: 09/30/2020

Berkshire Hathaway HomeService

Last Buyer's Agent

Matt DeWitt

The DeWitt Group License #01720594

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,428

Year Built

  • Built in 1981

Lot Details

  • 6.43 Acre Lot
  • Rural Setting
  • Chain Link Fence
  • Fence is in excellent condition
  • Landscaped
  • Secluded Lot
  • Level Lot
  • Private Yard
  • Garden
  • Back and Front Yard
  • Property is zoned AGRICULTURAL

Property Views

  • Panoramic
  • City Lights
  • Views of a landmark
  • Canyon
  • Mountain
  • Hills
  • Courtyard

Home Design

  • Turnkey
  • Cosmetic Repairs Needed
  • Interior Block Wall
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,694 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Tinted Windows
  • Blinds
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Theater
  • Home Office
  • Recreation Room
  • Game Room
  • Dance Studio
  • Workshop
  • Attic

Kitchen

  • Country Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven
  • Built-In Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Converted Bedroom
  • Walk-In Closet
  • Dressing Area
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces
  • Converted Garage
  • Parking Available
  • Private Parking
  • Side by Side Parking
  • Combination Of Materials Used In The Driveway
  • Guest Parking
  • Parking Lot
  • RV Potential
  • Unassigned Parking

Accessible Home Design

  • Accessibility Features
  • Doors are 32 inches wide or more

Eco-Friendly Details

  • Solar Heating System

Outdoor Features

  • Spa
  • Horse Property
  • Deck
  • Enclosed Patio or Porch
  • Arizona Room
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding
  • Rain Gutters

Schools

  • Fallbrook Elementary School
  • Fallbrook High School

Farming

  • Barn
  • Agricultural

Horse Facilities and Amenities

  • Horse Property Improved
  • Corral
  • Stables

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Conventional Septic
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 102-741-02-00
  • Tax Tract Number 93009
  • Assessor Parcel Number 1027410300

Community Details

Overview

  • Foothills
  • Valley

Recreation

  • Community Stables
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,428

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: AGRICULTURAL
  • Property Condition: Repairs Cosmetic, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1027410300
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1694.00 Square Feet
  • Interior Amenities: Block Walls, Built-in Features, Ceiling Fan(s), Open Floorplan, Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Accessibility Features: 32 Inch Or More Wide Doors, Disability Features
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Country Kitchen, In Family Room, In Living Room
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Price Per Square Foot: 389.61
  • Room Type: Attic, Converted Bedroom, Dance Studio, Den, Dressing Area, Entry, Family Room, Game Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Media Room, Office, Recreation, Separate Family Room, Walk-In Closet, Walk-In Pantry, Workshop
  • Spa Features: Private
  • Window Features: Blinds, Tinted Windows
  • Bathroom Features: Double Sinks In Master Bath, Walk-In Shower, Shower, Shower In Tub, Bathtub
  • Room Kitchen Features: Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Concrete Perimeter
  • Other Structures: Barn(s), Outbuilding, Shed(s), Workshop, Storage
  • Exterior Features: Corral, Rain Gutters, Stable
  • View: Canyon, City Lights, Courtyard, Hills, Landmark, Mountain(s), Panoramic
  • Fence: Yes
  • Fencing: Chain Link, Excellent Condition
  • Patio And Porch Features: Arizona Room, Deck, Enclosed, Patio Open, Front Porch, Rear Porch, Slab
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Parking: Yes
  • Parking Features: Converted Garage, Asphalt, Driveway - Combination, Guest, On Site, Oversized, Parking Space, Private, RV Potential, Side by Side, Unassigned, Uncovered
  • Total Parking Spaces: 20.00
  • Uncovered Spaces: 20.00

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Electric Cooktop, Electric Water Heater, Disposal, Range Hood, Refrigerator, Water Heater
  • Electric: 220 Volts in Laundry, Electricity - On Property, Standard
  • Heating Type: Electric, Fireplace(s), Forced Air, Solar
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Individual Room, Inside, Washer Hookup, Washer Included
  • Sewer: Conventional Septic, Other
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Foothills, Horse Trails, Stable(s), Rural, Valley, Biking, Hiking

Schools

  • School District: Fallbrook Union
  • Elementary School: Fallbrook
  • High School: Fallbrook
  • Elementary School: Fallbrook
  • High School: Fallbrook
  • Elementary School #2: FALLBR
  • High School2: FALLBR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural, Agricultural - Other, Back Yard, Front Yard, Garden, Gentle Sloping, Horse Property, Horse Property Improved, Landscaped, Level with Street, Lot Over 40000 Sqft, Secluded, Walkstreet, Yard
  • Lot Size Sq Ft: 280090.80
  • Lot Size Acres: 6.4300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 280090.8000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Lot: 102-741-02-00
  • Tax Tract Number: 93009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2022
Sold by
Shankles Ryan Richard and Shankles Jillian Valerie
Bought by
Shankles R & J Family Trust and Shankles
Current Estimated Value
$958,962

Purchase Details

Listed on
Sep 30, 2020
Closed on
Oct 8, 2020
Sold by
Myers Gary L
Bought by
Shankles Ryan Richard and Shankles Jillian Valerie
Seller's Agent
John Silva
Berkshire Hathaway HomeService
Buyer's Agent
Matt DeWitt
The DeWitt Group
List Price
$599,900
Sold Price
$660,000
Premium/Discount to List
$60,100
10.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%
Original Mortgage
$636,446
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 30, 2020
Closed on
Oct 7, 2020
Sold by
Stevanus Angela Marie
Bought by
Myers Gary L
Seller's Agent
John Silva
Berkshire Hathaway HomeService
Buyer's Agent
Matt DeWitt
The DeWitt Group
List Price
$599,900
Sold Price
$660,000
Premium/Discount to List
$60,100
10.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,446
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 7, 1997
Sold by
Santos Family Trust 06-20-94
Bought by
Myers Gary L and Myers Kathy Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.5%

Purchase Details

Closed on
Mar 28, 1995
Sold by
Santos Joseph and Santos Linda M
Bought by
Santos Joseph and Santos Linda M
Source: Public Records

Range of Values:

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Average Value
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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
Shankles R & J Family Trust -- None Listed On Document
Shankles Ryan Richard $660,000 California Title Company
Myers Gary L -- California Title Company
Myers Gary L $230,000 First American Title Co
Santos Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shankles Ryan Richard $41,864
Previous Owner Shankles Ryan Richard $636,446
Previous Owner Myers Gary L $92,500
Previous Owner Myers Gary L $30,000
Previous Owner Myers Gary L $35,000
Previous Owner Myers Gary L $100,000
Previous Owner Myers Gary L $213,785
Previous Owner Myers Gary L $45,000
Previous Owner Myers Gary L $189,000
Previous Owner Myers Gary L $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2020 11/10/20 Sold $660,000 0.0% $390 / Sq Ft
10/06/2020 10/06/20 Price Changed $659,900 +10.0% $390 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $599,900 -- $354 / 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 $7,428 $714,402 $291,427 $422,975
2024 $7,428 $700,395 $285,713 $414,682
2023 $7,250 $686,662 $280,111 $406,551
2022 $7,150 $673,199 $274,619 $398,580
2021 $7,036 $660,000 $269,235 $390,765
2020 $3,896 $357,891 $145,995 $211,896
2019 $3,824 $350,875 $143,133 $207,742
2018 $3,762 $343,996 $140,327 $203,669
2017 $930 $337,252 $137,576 $199,676
2016 $3,605 $330,640 $134,879 $195,761
2015 $3,551 $325,674 $132,853 $192,821
2014 $3,476 $319,295 $130,251 $189,044
Source: Public Records

Agents Affiliated with this Home

  • John Silva

    Seller's Agent in 2020

    John Silva

    Berkshire Hathaway HomeService

    (619) 890-3648

    16 Total Sales

    John Silva
    Section Image
  • Matt DeWitt

    Buyer's Agent in 2020

    Matt DeWitt

    The DeWitt Group

    (760) 801-5363

    58 Total Sales

    Matt DeWitt
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2000270

California Regional Multiple Listing Service (CRMLS)

APN: 102-741-03

California San Diego County Fallbrook 92028

2805 Rainbow Glen Rd, Fallbrook, CA

This home is located at 2805 Rainbow Glen Rd, Fallbrook, CA 92028 since 30 September 2020 and is currently estimated at $958,962, approximately $566 per square foot. This property was built in 1981. 2805 Rainbow Glen Rd is a home located in San Diego County with nearby schools including Vallecitos Elementary School and Fallbrook High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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