NOT LISTED FOR SALE

38342 Rainbow Heights Place Fallbrook, CA 92028

Estimated Value: $479,000 - $863,000

2 Beds
1 Bath
912 Sq Ft
$750/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $390,000 $428 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,961/month

111 Days on Market

Highlights

  • Panoramic View
  • Wrap Around Porch
  • Laundry Room
  • Loft
  • Patio
  • Shed

About This Home

As of December 2018

Enjoy the stunning mountain and valley views, peace and tranquility this great little mountain house has to offer! Zoned for horses, this home has brand new flooring throughout, new interior paint, new baseboard heater, new electrical panel, and best of all...a brand new wrap around deck. Imagine drinking your morning coffee or enjoying a glass of wine in the evening while watching the sunrise and sunsets. Life at it's best! Neighborhoods: Rainbow Equipment: Dryer, Range/Oven, Shed(s), Washer Other Fees: 0 Sewer: Septic Installed Topography: GSL,SSLP

Last Agent to Sell the Property

Kim Carlson

Pueblo Bonito License #00968586 Listed on: 08/03/2018

Pueblo Bonito

Co-Listed By

Ken Follis

Compass License #00799622

Last Buyer's Agent

Del Hickman

iPro Real Estate License #01784209

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • 2.48 Acre Lot
  • Property is zoned Agricultur

Parking

  • 1 Open Parking Space
  • 1 Car Garage

Property Views

  • Panoramic
  • Mountain

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 912 Sq Ft Home
  • 2-Story Property
  • Free Standing Fireplace
  • Living Room with Fireplace
  • Loft
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Electric Dryer Hookup

Outdoor Features

  • Patio
  • Shed
  • Wrap Around Porch

Utilities

  • Baseboard Heating
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1092321200

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Zoning: Agricultur
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1092321200
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 912.00
  • Stories: 2
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Free Standing
  • Levels: Two
  • Price Per Square Foot: 427.63
  • Room Type: Loft

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s)
  • View: Mountain(s), Panoramic
  • Fence: No
  • Patio And Porch Features: Wrap Around
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Propane Water Heater, Dishwasher, Refrigerator
  • Heating Type: Electric, Baseboard
  • Laundry Features: Electric Dryer Hookup, In Kitchen

Lot Info

  • Lot Size Acres: 2.4800

Multi Family

  • Lot Size Area: 2.4800 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2018
Closed on
Dec 3, 2018
Sold by
Kreyenhagen Scott and Kreyenhagen Ann
Bought by
Walker Brianna Marie
Seller's Agent
Kim Carlson
Pueblo Bonito
Buyer's Agent
Del Hickman
iPro Real Estate
List Price
$399,999
Sold Price
$390,000
Premium/Discount to List
-$9,999
-2.5%
Current Estimated Value
$683,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,917
Avg. Annual Appreciation
8.29%
Original Mortgage
$370,455
Outstanding Balance
$327,030
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$356,887

Purchase Details

Closed on
Dec 17, 2010
Sold by
Kreyenhagen Scott and Kreyenhagen Ann
Bought by
Kreyenhagen Scott and Kreyenhagen Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2010
Sold by
Kreyenhagen Scott and Kreyenhagen Ann
Bought by
Geddes David A and Geddes Patricia G

Purchase Details

Closed on
Jul 18, 2008
Sold by
Geddes David A and Geddes Patricia G
Bought by
Geddes David A and Geddes Patricia G

Purchase Details

Closed on
Jul 26, 1990
Bought by
Kreyenhagen Scott Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Walker Brianna Marie $390,000 Ticor Title San Diego
Kreyenhagen Scott -- Fidelity National Title Co
Geddes David A $121,000 None Available
Geddes David A -- None Available
Kreyenhagen Scott Ann $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Brianna Marie $370,455
Previous Owner Kreyenhagen Scott $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2018 12/21/18 Sold $390,000 -2.5% $428 / Sq Ft
11/22/2018 11/22/18 Pending -- -- --
08/03/2018 08/03/18 For Sale $399,999 -- $439 / 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 $4,663 $435,047 $323,710 $111,337
2024 $4,663 $426,517 $317,363 $109,154
2023 $4,555 $418,155 $311,141 $107,014
2022 $4,508 $409,957 $305,041 $104,916
2021 $4,395 $401,919 $299,060 $102,859
2020 $4,404 $397,799 $295,994 $101,805
2019 $4,294 $390,000 $290,191 $99,809
2018 $2,947 $266,291 $198,142 $68,149
2017 $2,889 $261,070 $194,257 $66,813
2016 $2,829 $255,952 $190,449 $65,503
2015 $2,786 $252,109 $187,589 $64,520
2014 $2,727 $247,172 $183,915 $63,257
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Kim Carlson

    Pueblo Bonito

    Section Image
  • Ken Follis

    Seller Co-Listing Agent in 2018

    Ken Follis

    Compass

    (760) 803-6235

    118 Total Sales

    Ken Follis
    Section Image
  • Del Hickman

    Buyer's Agent in 2018

    Del Hickman

    iPro Real Estate

    (858) 864-8767

    7 Total Sales

    Del Hickman
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 180050535

California Regional Multiple Listing Service (CRMLS)

APN: 109-232-12

California San Diego County Fallbrook 92028

38342 Rainbow Heights Place, Fallbrook, CA

Not Listed for Sale

Detached

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