NOT LISTED FOR SALE

4497 Rainbow Vista Dr Fallbrook, CA 92028

Estimated Value: $244,173 - $562,000

10.89 Acres
$37,014 Price per Acre
474,368 Sq Ft Lot

Last Sold March 12, 2021

Last sale price $185,000

Est. 118% increase in value since last sale

Current estimated payment $2,390/month

33 Days on Market

About This Lot

As of March 2021

Land for Sale, 10.89 acres! Be the king of the hill on this ridge top home site. Featuring panoramic mountain views. Septic layout available. Installed 1 inch water meter installed with power at the edge of the property. Cute and functional cabin with large deck to get away from it all. Cabin is plumbed with water and hooked up to its own solar panels (cabin is not permitted). A stone throw away from I-15 freeway yet out of sight and sound of the freeway noise. Paved access leads you to the entry gate. There is a 2 acre park like preserve at the bottom of the property complete with year round creek, giant boulders and magnificent oak trees. Manufactured homes are OK.

Last Agent to Sell the Property

Sergio Garcia

Sunshine Properties RealEstate License #01418002 Listed on: 01/07/2021

Last Buyer's Agent

Monica Tomacelli

Next Level Real Estate License #01978304

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,330

Lot Details

  • 10.89 Acre Lot
  • Rural Setting
  • Steep Slope
  • The property's topography is slope steep
  • Property is zoned A-70

Additional Features

  • Canyon Views
  • Perc Test On File For Septic Tank

Community Details

  • Fal Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1080320800

Property Details

Property Type

Land

Est. Annual Taxes

$2,330

Lot Details

0

Listing Details

  • Possible Use Comments: Agriculture, residential, grove, ranch, recreational
  • Road Surface Type: Paved
  • Subdivision Name Other: FAL
  • View: Yes
  • Water Body Name: RMWD
  • Zoning: A-70
  • Property Type: Land
  • Parcel Number: 1080320800
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.39

Exterior Features

  • View: Canyon

Utilities

  • Utilities: Electricity Available
  • Sewer: Perc Test On File
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Topography: Slope Steep
  • Land Lease: No
  • Lot Features: Steep Slope
  • Lot Size Sq Ft: 474368.40
  • Lot Size Acres: 10.8900

Multi Family

  • Lot Size Area: 474368.4000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2021
Closed on
Feb 23, 2021
Sold by
Mock Logan and Mock Ezra J
Bought by
Watanabe Shigeko and Watanabe Hideo
Seller's Agent
Sergio Garcia
Sunshine Properties RealEstate
Buyer's Agent
Monica Tomacelli
Next Level Real Estate
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Current Estimated Value
$403,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,087
Avg. Annual Appreciation
5.99%

Purchase Details

Closed on
Nov 15, 2018
Sold by
Mock Logan H
Bought by
Mock Logan H and Mock Ezra J

Purchase Details

Closed on
Jul 10, 2006
Sold by
Donovan Roy E
Bought by
Mock John Richard and Mock Logan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.36%
Mortgage Type
Unknown

Purchase Details

Closed on
May 6, 2003
Sold by
Thys Henry J and Thys Myrta E
Bought by
Donovan Roy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
5.26%
Mortgage Type
Seller Take Back
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
Watanabe Shigeko $185,000 Corinthian Title Company
Mock Logan H -- None Available
Mock John Richard $275,000 California Title Company
Donovan Roy E $199,500 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mock John Richard $150,000
Previous Owner Donovan Roy E $139,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $185,000 -7.5% --
02/09/2021 02/09/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $199,900 -- --
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 $2,330 $200,248 $162,364 $37,884
2024 $2,330 $196,323 $159,181 $37,142
2023 $2,280 $192,474 $156,060 $36,414
2022 $2,252 $188,700 $153,000 $35,700
2021 $2,361 $200,000 $144,000 $56,000
2020 $2,395 $200,000 $144,000 $56,000
2019 $2,400 $200,000 $144,000 $56,000
2018 $2,406 $200,000 $144,000 $56,000
2017 $2,353 $195,000 $141,000 $54,000
2016 $2,233 $185,000 $134,000 $51,000
2015 $2,228 $185,000 $134,000 $51,000
2014 $2,223 $185,000 $134,000 $51,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2100232

California Regional Multiple Listing Service (CRMLS)

APN: 108-032-08