Seller's Agent in 2023
Kimmen Torehov
California Realty Group
(951) 775-4571
26 Total Sales
5347 5th St Fallbrook, CA 92028
Estimated Value: $1,392,000 - $1,494,000
3
Beds
2
Baths
2,041
Sq Ft
$714/Sq Ft
Est. Value
Highlights
- View of Hills
- No HOA
- Agricultural
- Main Floor Bedroom
- Laundry Room
- Central Air
About This Home
As of August 2023Unique property on a flat, all usable 2.69 acres in the middle of Rainbow. Property is all fenced, with gated entrance off 5th street. Main home is a single story home and consists of 3BR, 2BA with a large family room with fireplace, "sun room" with an additional fireplace and another large living room with skylight. There is tile and carpet throughout home as flooring. Two bedrooms have walk-in closet. An additional skylight in master BA. Lots of storage with pantry, coat closets and linen closets. Laundry in a separate room with sink. Freestanding 3 car garage with large workshop on the side. Garage has an upstairs loft which could be turned into a separate living quarter. Several additional freestanding sheds/storage units on property. Home is older but comes with lots of potential for the right buyer. Zoned "RR", Rural Residential which enhance residential areas with agricultural uses. Home is only minutes from I-15 freeway and 10 minutes to downtown Temecula. A must see before it is gone.
Last Agent to Sell the Property
California Realty Group License #01208081 Listed on: 06/28/2023
Last Buyer's Agent
Inez Lockwood
Marina Beach Real Estate License #00285073
Home Details
Home Type
- Single Family
Year Built
- Built in 1973
Lot Details
- 2.69 Acre Lot
- Rural Setting
- Rectangular Lot
- Level Lot
- Value in Land
- Property is zoned RR
Parking
- 3 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,041 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- Living Room with Fireplace
- Views of Hills
- Laundry Room
Kitchen
- Free-Standing Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Schools
- Fallbrook High School
Farming
- Agricultural
Utilities
- Central Air
- Septic Type Unknown
Community Details
- No Home Owners Association
- Fallbrook Subdivision
- Valley
Listing and Financial Details
- Legal Lot and Block 001 / H
- Tax Tract Number 477
- Assessor Parcel Number 1024303800
- $97 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 28, 2023
Closed on
Jul 17, 2023
Sold by
1994 Rauton Family Living Trust
Bought by
Warnol Barbara
Seller's Agent
Kimmen Torehov
California Realty Group
Buyer's Agent
Inez Lockwood
Marina Beach Real Estate
List Price
$825,000
Sold Price
$854,000
Premium/Discount to List
$29,000
3.52%
Views
86
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$602,470
Avg. Annual Appreciation
25.50%
Original Mortgage
$512,400
Outstanding Balance
$499,209
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$957,261
Purchase Details
Closed on
Dec 21, 1994
Sold by
Rauton Edgar E and Rauton Louise M
Bought by
Rauton Edgar E and Rauton Louise M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Warnol Barbara | $854,000 | First American Title | |
| Rauton Edgar E | -- | -- | |
| Rauton Edgar E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Warnol Barbara | $512,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/22/2023 08/22/23 | Sold | $854,000 | +0.6% | $418 / Sq Ft |
| 07/09/2023 07/09/23 | Pending | -- | -- | -- |
| 06/29/2023 06/29/23 | Price Changed | $849,000 | +2.9% | $416 / Sq Ft |
| 06/28/2023 06/28/23 | For Sale | $825,000 | -- | $404 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,977 | $871,080 | $596,700 | $274,380 |
| 2024 | $8,977 | $854,000 | $585,000 | $269,000 |
| 2023 | $951 | $89,430 | $24,616 | $64,814 |
| 2022 | $937 | $87,678 | $24,134 | $63,544 |
| 2021 | $913 | $85,960 | $23,661 | $62,299 |
| 2020 | $916 | $85,080 | $23,419 | $61,661 |
| 2019 | $898 | $83,412 | $22,960 | $60,452 |
| 2018 | $883 | $81,777 | $22,510 | $59,267 |
| 2017 | $865 | $80,174 | $22,069 | $58,105 |
| 2016 | $844 | $78,603 | $21,637 | $56,966 |
| 2015 | $831 | $77,423 | $21,312 | $56,111 |
| 2014 | $814 | $75,907 | $20,895 | $55,012 |
Source: Public Records
Agents Affiliated with this Home
-
Kimmen Torehov
-
I
Buyer's Agent in 2023
Inez Lockwood
Marina Beach Real Estate
-
Adam Nogueira
Buyer's Agent in 2023
Adam Nogueira
SimpliHom
(760) 535-5387
64 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW23114136
APN: 102-430-38
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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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