NOT LISTED FOR SALE

307 Rainbow Crest Rd Fallbrook, CA 92028

Estimated Value: $821,475 - $1,002,000

3 Beds
2 Baths
1,560 Sq Ft
$567/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $540,000 $346 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,246/month

50 Days on Market

Highlights

  • Panoramic View
  • Double Oven
  • Central Air
  • Covered Patio or Porch
  • Laundry Room
  • Partially Fenced Property

About This Home

As of October 2018

Live the country life you have always dreamed of! Enjoy the serenity of living in a very peaceful Rainbow locale, yet only minutes from I-15 and HWY 76. 1,560 square foot, 3-bedroom, 2 bath country charmer on just over 3 acres exudes warmth and boasts outstanding elevated views of the countryside and beyond. Bright and easy-flow kitchen with double ovens and rich wood cabinets. Spacious covered patio to enjoy the outdoors all year long. Detached and converted 2 story (lower level could be converted back to a parking space in the future) barn/garage (permitted as an AG building) with potential room for guests above. Tasteful landscaping with family fruit and excellent avocado grove that survived this year’s weather events. Currently showing a good crop for 2019. Adjacent parcel (APN 110-021-42-00) of land to the north is also for sale @ $175,000 and can be purchased separately or together with home.. Neighborhoods: Rainbow Crest Equipment: Shed(s) Other Fees: 0 Sewer: Septic Installed Topography: GSL,SSLP

Last Agent to Sell the Property

Ralph Foster

Sunshine Properties RealEstate License #00856341 Listed on: 08/09/2018

Co-Listed By

Rodney Hughes

HomeSmart Realty West License #01944129

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,645

Year Built

  • Built in 1978

Lot Details

  • 3.17 Acre Lot
  • Partially Fenced Property
  • Property is zoned A70

Parking

  • 10 Open Parking Spaces
  • 1 Car Garage
  • Parking Available
  • Driveway

Property Views

  • Panoramic
  • Mountain

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Kitchen

  • Double Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Electric Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1100214300

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,645

Year Built

Built in 1978

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Rainbow Crest
  • View: Yes
  • Zoning: A70
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1100214300
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1560.00
  • Stories: 2
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 346.15
  • Room Type: Master Bedroom

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Panoramic
  • Fence: Yes
  • Fencing: Partial
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 11.00
  • Uncovered Spaces: 10.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Water Heater, Dishwasher, Disposal, Double Oven
  • Heating Type: Electric, Heat Pump
  • Laundry Features: Electric Dryer Hookup, Individual Room, Outside
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 138085.00
  • Lot Size Acres: 3.1700

Multi Family

  • Lot Size Area: 138085.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2018
Closed on
Sep 28, 2018
Sold by
Rossi Joseph and Rossi Denise L
Bought by
Decarli Ryan Lee and Decarli Amada Karen
Seller's Agent
Ralph Foster
Sunshine Properties RealEstate
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%
Current Estimated Value
$884,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,869
Avg. Annual Appreciation
7.41%
Original Mortgage
$530,219
Outstanding Balance
$464,305
Interest Rate
4.6%
Mortgage Type
FHA
Estimated Equity
$420,564

Purchase Details

Closed on
Nov 5, 1997
Sold by
Pollack and Monica
Bought by
Rossi Joseph and Rossi Denise L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,700
Interest Rate
7.33%

Purchase Details

Closed on
Jun 18, 1993
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
Decarli Ryan Lee $540,000 Fidelity National Title
Rossi Joseph $182,000 Chicago Title Co
-- $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Decarli Ryan Lee $530,219
Previous Owner Rossi Joseph $163,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $540,000 -1.8% $346 / Sq Ft
09/28/2018 09/28/18 Pending -- -- --
08/09/2018 08/09/18 For Sale $550,000 -- $353 / 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 $6,645 $602,373 $379,272 $223,101
2024 $6,645 $590,563 $371,836 $218,727
2023 $6,497 $578,985 $364,546 $214,439
2022 $13,230 $567,634 $357,399 $210,235
2021 $6,275 $556,505 $350,392 $206,113
2020 $6,287 $550,800 $346,800 $204,000
2019 $6,135 $540,000 $340,000 $200,000
2018 $3,054 $255,389 $140,327 $115,062
2017 $930 $250,382 $137,576 $112,806
2016 $2,941 $245,474 $134,879 $110,595
2015 $2,900 $241,787 $132,853 $108,934
2014 $2,843 $237,052 $130,251 $106,801
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 180044316

California Regional Multiple Listing Service (CRMLS)

APN: 110-021-43