NOT LISTED FOR SALE

2908 Rainbow Valley Blvd Fallbrook, CA 92028

Estimated Value: $695,000 - $909,000

2 Beds
2 Baths
1,740 Sq Ft
$441/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $570,000 $328 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,691/month

32 Days on Market

Highlights

  • Mountain View
  • Front Porch
  • Cooling System Powered By Gas
  • No HOA
  • 2 Car Attached Garage
  • Patio

About This Home

As of July 2021

Looking for acreage property near the Temecula area with low tax rates? Come see this amazing location that is tucked into the foothills which is only about +/-7 minutes from Old Town Temecula. This would be an amazing opportunity to own over an acre of land close to town. Perfect for someone looking to enjoy quiet country living but close enough to engage with entertainment and shopping. Relax on your front porch while sipping your morning coffee or enjoying your evening cocktails. Enjoy the higher loan limits of San Diego County but the proximity to the developed Temecula area. Fully paid off solar system! NOTE - This property was part of a probate but since we have already received Letters and Orders from the court, we are ready to close.

Last Agent to Sell the Property

Christine Tillmann

Elite Properties Direct License #02111273 Listed on: 05/07/2021

Last Buyer's Agent

Nereo Araujo

HomeSmart Realty West License #01370078

HomeSmart Realty West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,219

Year Built

  • Built in 1976

Lot Details

  • 1.3 Acre Lot
  • Rural Setting
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available
  • RV Potential

Home Design

  • Split Level Home

Interior Spaces

  • 1,740 Sq Ft Home
  • 1-Story Property
  • Dining Room with Fireplace
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Fallbrook High School

Utilities

  • Cooling System Powered By Gas
  • Central Air
  • Heating System Uses Natural Gas
  • Conventional Septic

Community Details

  • No Home Owners Association
  • Fallbrook Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 190
  • Assessor Parcel Number 1026503200

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,219

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Washer, Dryer, Refrigerator
  • Property Attached: No
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Zoning: A
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1026503200
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1740.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Dining Room
  • Levels: Multi/Split
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 327.59
  • Room Type: All Bedrooms Up

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Patio And Porch Features: Front Porch
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: RV Potential
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Inside
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air, Electric, Gas
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Fallbrook Union
  • High School: Fallbrook
  • High School: Fallbrook
  • High School2: FALLBR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, 2-5 Units/Acre
  • Lot Size Sq Ft: 56628.00
  • Lot Size Acres: 1.3000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 56628.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 190.02
  • Tax Lot: 1
  • Tax Tract Number: 190

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jul 14, 2021
Sold by
Martinez Maricela Hernandez
Bought by
Mendoza Erik
Seller's Agent
Christine Tillmann
Elite Properties Direct
Buyer's Agent
Nereo Araujo
HomeSmart Realty West
List Price
$599,000
Sold Price
$570,000
Premium/Discount to List
-$29,000
-4.84%
Current Estimated Value
$767,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,357
Avg. Annual Appreciation
7.72%
Original Mortgage
$513,000
Outstanding Balance
$467,481
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$307,532

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 28, 2021
Sold by
Finn Larry Richard and Estate Of Richard Larry Finn
Bought by
Gallardo Yatziri and Mendoza Erik
Seller's Agent
Christine Tillmann
Elite Properties Direct
Buyer's Agent
Nereo Araujo
HomeSmart Realty West
List Price
$599,000
Sold Price
$570,000
Premium/Discount to List
-$29,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,000
Outstanding Balance
$467,481
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$307,532

Purchase Details

Closed on
Feb 2, 1987
Bought by
Finn Richard L Patricia A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mendoza Erik -- Fidelity National Title Co
Gallardo Yatziri $570,000 Fidelity National Title Co
Finn Richard L Patricia A $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallardo Yatziri $513,000
Previous Owner Finn Richard L $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2021 07/19/21 Sold $570,000 -4.8% $328 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
05/23/2021 05/23/21 For Sale $599,000 0.0% $344 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $599,000 -- $344 / 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 $6,219 $604,886 $226,819 $378,067
2024 $6,219 $593,026 $222,372 $370,654
2023 $6,069 $570,000 $213,738 $356,262
2022 $5,911 $570,000 $213,738 $356,262
2021 $2,216 $216,412 $81,150 $135,262
2020 $2,225 $214,194 $80,318 $133,876
2019 $2,181 $209,995 $78,744 $131,251
2018 $2,144 $205,878 $77,200 $128,678
2017 $2,100 $201,842 $75,687 $126,155
2016 $2,049 $197,885 $74,203 $123,682
2015 $2,017 $194,914 $73,089 $121,825
2014 $1,972 $191,097 $71,658 $119,439
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Christine Tillmann

    Elite Properties Direct

    Section Image
  • Nereo Araujo

    Buyer's Agent in 2021

    Nereo Araujo

    HomeSmart Realty West

    (760) 310-6908

    64 Total Sales

    Nereo Araujo
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21097515

California Regional Multiple Listing Service (CRMLS)

APN: 102-650-32

California San Diego County Fallbrook 92028

2908 Rainbow Valley Blvd, Fallbrook, CA

This home is located at 2908 Rainbow Valley Blvd, Fallbrook, CA 92028 since 07 May 2021 and is currently estimated at $767,357, approximately $441 per square foot. This property was built in 1976. 2908 Rainbow Valley Blvd is a home located in San Diego County with nearby schools including Vallecitos Elementary School, Fallbrook High School, and Julian Charter School - Pine Hills.

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

Nearby Homes