P
Seller's Agent in 2019
Patrick Marelly
Compass
3048 Rainbow Glen Fallbrook, CA 92028
Estimated Value: $800,000 - $1,105,000
3
Beds
2
Baths
2,130
Sq Ft
$460/Sq Ft
Est. Value
Highlights
- Greenhouse
- Fireplace in Primary Bedroom
- Sun or Florida Room
- Pasture Views
- Two Story Ceilings
- Granite Countertops
About This Home
As of June 2019Once in a Lifetime working Horse Ranch with 2 mare Motels, with electric and water. Hay barn, 2 acre fenced pasture, tucked away in the Valley with oaks and stream beds. This semi contemporary Home features 3 bedrooms 2 Baths with an open concept and Flow, light filled rooms, vaulted ceilings, passive solar, upgraded kitchen and interior. As a bonus this peaceful setting includes a detached Garage with 220 and 210 electrical, water and sprinklered as well. Two greenhouses makes it perfect for growing. Neighborhoods: Rainbow Complex Features: ,, Equipment: Garage Door Opener, Range/Oven, Satellite Dish, Washer Other Fees: 0 Sewer: Septic Installed Topography: LL
Last Agent to Sell the Property
Patrick Marelly
Compass License #01054284 Listed on: 10/01/2018
Co-Listed By
Joe Mears
Rainbow Real Estate License #00591201
Home Details
Home Type
- Single Family
Year Built
- Built in 1993
Lot Details
- Wood Fence
- Chain Link Fence
- Livestock Fence
- Fence is in excellent condition
- Drip System Landscaping
- Sprinkler System
Parking
- 2 Car Garage
- 2 Open Parking Spaces
- Carport
- Parking Available
- Front Facing Garage
- Garage Door Opener
- Gravel Driveway
- Automatic Gate
- Guest Parking
Property Views
- Pasture
- Mountain
- Park or Greenbelt
Home Design
- Fire Rated Drywall
- Composition Roof
- Wood Siding
Interior Spaces
- 2,130 Sq Ft Home
- 2-Story Property
- Two Story Ceilings
- Family Room with Fireplace
- Sun or Florida Room
- Fire Sprinkler System
Kitchen
- Propane Oven
- Built-In Range
- Microwave
- Ice Maker
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Fireplace in Primary Bedroom
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Gas Dryer Hookup
Outdoor Features
- Patio
- Greenhouse
- Enclosed Glass Porch
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Propane
- Propane Water Heater
Listing and Financial Details
- Assessor Parcel Number 10222104
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 1, 2018
Closed on
May 24, 2019
Sold by
Griffith Kim and Griffith Gigi Hun
Bought by
Brien Padraig O
Seller's Agent
Patrick Marelly
Compass
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,988
Avg. Annual Appreciation
6.51%
Original Mortgage
$492,800
Outstanding Balance
$432,391
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$547,597
Purchase Details
Listed on
Oct 1, 2018
Closed on
May 5, 2019
Sold by
Morgan Pamela Ann
Bought by
Rowland Gloria Joyce
Seller's Agent
Patrick Marelly
Compass
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,800
Outstanding Balance
$432,391
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$547,597
Purchase Details
Closed on
Mar 3, 2005
Sold by
Hogan John B
Bought by
Griffith Kim and Rowland Gloria Joyce
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Interest Rate
5.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 12, 1999
Sold by
Hogan John B
Bought by
Hogan John B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
7.25%
Purchase Details
Closed on
Jul 17, 1996
Sold by
Hogan Renate
Bought by
Hogan John B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.37%
Purchase Details
Closed on
Jun 8, 1995
Sold by
Diener Douglas R
Bought by
Phillips Charles and Phillips Mary Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
8.37%
Purchase Details
Closed on
Apr 7, 1983
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brien Padraig O | $650,000 | Fidelity National Title | |
| Rowland Gloria Joyce | -- | Fidelity Natl Ttl San Diego | |
| Griffith Kim | $690,000 | California Title Company | |
| Hogan John B | -- | Southland Title | |
| Hogan John B | -- | First American Title | |
| Hogan John B | $261,000 | First American Title | |
| Phillips Charles | $262,500 | First American Title Insuran | |
| -- | $63,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brien Padraig O | $492,800 | |
| Previous Owner | Griffith Kim | $552,000 | |
| Previous Owner | Hogan John B | $173,000 | |
| Previous Owner | Hogan John B | $126,000 | |
| Previous Owner | Phillips Charles | $203,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/25/2019 06/25/19 | Sold | $650,000 | -7.0% | $305 / Sq Ft |
| 05/13/2019 05/13/19 | Pending | -- | -- | -- |
| 10/01/2018 10/01/18 | For Sale | $699,000 | -- | $328 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,563 | $725,083 | $368,119 | $356,964 |
| 2024 | $7,563 | $710,866 | $360,901 | $349,965 |
| 2023 | $7,383 | $696,928 | $353,825 | $343,103 |
| 2022 | $7,281 | $683,264 | $346,888 | $336,376 |
| 2021 | $7,092 | $669,868 | $340,087 | $329,781 |
| 2020 | $7,122 | $663,000 | $336,600 | $326,400 |
| 2019 | $6,915 | $650,000 | $420,000 | $230,000 |
| 2018 | $6,672 | $625,000 | $404,000 | $221,000 |
| 2017 | $930 | $565,000 | $366,000 | $199,000 |
| 2016 | $5,700 | $535,000 | $347,000 | $188,000 |
| 2015 | $5,435 | $510,000 | $331,000 | $179,000 |
| 2014 | $5,161 | $485,000 | $315,000 | $170,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Seller Co-Listing Agent in 2019
Joe Mears
Rainbow Real Estate
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: 180054882
APN: 102-221-04
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