NOT LISTED FOR SALE

307 Rainbow Crest Rd Fallbrook, CA 92028

Estimated Value: $793,938 - $892,000

3 Beds
2 Baths
1,560 Sq Ft
$548/Sq Ft Est. Value

Sale Details

Date Sold: October 31, 2018

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

Est. 58% increase in value since last sale

Current estimated payment $5,141 / mo

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

Tripoint Financial Inc. License #00856341 Listed on: 08/09/2018

Co-Listed By

Rodney Hughes

HomeSmart Realty West License #01944129

Home Details

Home Type

  • Single Family

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

Year Built

Built in 1978

Lot Details

3.17 Acres

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
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2018
Closed on
Sep 28, 2018
Sold by
Bought by
Seller's Agent
Ralph Foster
Tripoint Financial Inc.
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%
Current Estimated Value
$854,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,235
Avg. Annual Appreciation
6.15%
Original Mortgage
$530,219
Outstanding Balance
$463,366
Interest Rate
4.6%
Mortgage Type
FHA
Estimated Equity
$390,869

Purchase Details

Closed on
Nov 5, 1997
Sold by
Bought by

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$540,000 Fidelity National Title
$182,000 Chicago Title Co
$230,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $530,219
Previous Owner $163,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • R

    Seller's Agent in 2018

    Ralph Foster

    Tripoint Financial Inc.

    Section Image

  • R

    Seller Co-Listing Agent in 2018

    Rodney Hughes

    HomeSmart Realty West

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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

California San Diego County Fallbrook 92028

307 Rainbow Crest Rd, Fallbrook, CA

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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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