NOT LISTED FOR SALE

38374 Rainbow Heights Place Fallbrook, CA 92028

Estimated Value: $780,000 - $832,593

3 Beds
2 Baths
1,497 Sq Ft
$539/Sq Ft Est. Value

Last Sold December 19, 2013

Last sale price $327,000 $218 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $4,759/month

95 Days on Market

Highlights

  • View of Hills
  • No HOA
  • Forced Air Heating System
  • Main Floor Bedroom

About This Home

As of December 2013

NEW PAINT AND NEW CARPET!! BEAUTIFUL ACREAGE PROPERTY, Huge family/living room with
stone surround fireplace from floor to ceiling! Dining room with wood laminate flooring and crown molding!
Upgraded kitchen with tiled counters, full tiled backsplash, stainless appliances and wood laminate flooring! Bedroom
located on main floor, perfect for a teenager or guest bedroom! Easy maintenance downstairs bathroom with solid
surface counters and flooring! Upstairs bathroom features tile flooring, upgraded cabinetry and solid surface counters!
Huge lot with view of surrounding hills! Peaceful and tranquility at its finest. Far enough away to find that peacefulness you want, and yet close enough to have freeway access to get you where you need to go, Hurry and come and see!!!!!!!!!!!!

Last Agent to Sell the Property

Sabine Krueger

Sabine Krueger Realty License #00887842 Listed on: 11/01/2013

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,495

Year Built

  • Built in 1982

Lot Details

  • 2.39 Acre Lot
  • Rural Setting

Parking

  • 2 Car Garage

Interior Spaces

  • 1,497 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Views of Hills

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1111
  • Tax Tract Number 11111
  • Assessor Parcel Number 1092321100

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,495

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1092321100
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1497.00
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 218.44
  • Room Type: Main Floor Bedroom

Exterior Features

  • View: Hills
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Forced Air
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 104108.00
  • Lot Size Acres: 2.3900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 104108.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1111
  • Tax Tract Number: 11111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2023
Sold by
Elms Jeffrey and Liu Ying
Bought by
Rainbow Trust and Elms
Current Estimated Value
$807,148

Purchase Details

Closed on
May 6, 2020
Sold by
Elms Jeffrey J
Bought by
Elms Jeffrey J and Liu Ying

Purchase Details

Closed on
Aug 30, 2018
Sold by
Elms Jeffrey J and Elms Jeffrey
Bought by
Elms Jeffrey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 14, 2017
Sold by
Elms Jeffrey
Bought by
Elms Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2013
Closed on
Dec 17, 2013
Sold by
Federal National Mortgage Association
Bought by
Elms Jeffrey
Seller's Agent
Sabine Krueger
Sabine Krueger Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$321,900
Sold Price
$327,000
Premium/Discount to List
$5,100
1.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.96%
Original Mortgage
$310,650
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2011
Sold by
Martin Jeffrey A and Martin Judy D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 7, 1989
Bought by
Martin Jeffrey A Judy D
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rainbow Trust -- None Listed On Document
Elms Jeffrey J -- None Listed On Document
Elms Jeffrey J -- Accommodation
Elms Jeffrey J -- First American Title Company
Elms Jeffrey -- Wfg Title Company Of Ca
Elms Jeffrey -- Wfg Title Company Of Ca
Elms Jeffrey $327,000 Servicelink
Federal National Mortgage Association $201,800 Landsafe Title
Martin Jeffrey A Judy D $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rainbow Trust $100,000
Previous Owner Elms Jeffrey J $62,000
Previous Owner Elms Jeffrey J $427,000
Previous Owner Elms Jeffrey J $50,000
Previous Owner Elms Jeffrey $369,000
Previous Owner Elms Jeffrey $376,875
Previous Owner Elms Jeffrey $384,106
Previous Owner Elms Jeffrey $310,650
Previous Owner Martin Jeffrey A $252,500
Previous Owner Martin Jeffrey A $226,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2013 12/19/13 Sold $327,000 +9.0% $218 / Sq Ft
11/26/2013 11/26/13 Pending -- -- --
11/05/2013 11/05/13 Price Changed $299,900 -6.8% $200 / Sq Ft
11/01/2013 11/01/13 For Sale $321,900 0.0% $215 / Sq Ft
10/24/2013 10/24/13 Pending -- -- --
10/11/2013 10/11/13 For Sale $321,900 0.0% $215 / Sq Ft
10/08/2013 10/08/13 Pending -- -- --
10/01/2013 10/01/13 Price Changed $321,900 -8.0% $215 / Sq Ft
08/30/2013 08/30/13 Price Changed $349,900 +6.1% $234 / Sq Ft
08/29/2013 08/29/13 Price Changed $329,900 -5.7% $220 / Sq Ft
08/23/2013 08/23/13 For Sale $349,900 -- $234 / 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 $5,495 $400,847 $145,308 $255,539
2024 $5,495 $392,988 $142,459 $250,529
2023 $5,396 $385,283 $139,666 $245,617
2022 $5,352 $377,729 $136,928 $240,801
2021 $5,248 $370,324 $134,244 $236,080
2020 $5,211 $366,528 $132,868 $233,660
2019 $5,109 $359,342 $130,263 $229,079
2018 $4,936 $352,297 $127,709 $224,588
2017 $930 $345,390 $125,205 $220,185
2016 $7,443 $338,618 $122,750 $215,868
2015 $3,580 $333,533 $120,907 $212,626
2014 $3,502 $327,000 $118,539 $208,461
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW13171647

California Regional Multiple Listing Service (CRMLS)

APN: 109-232-11