$240,000
SOLD JAN 14, 2013

5467 Rainbow Heights Rd Fallbrook, CA 92028

2 Beds
1 Bath
956 Sq Ft
1.6 Acres

Recently Sold

$251 Per Sq Ft

11% Below List Price

29 Days on Market

Highlights

  • Two Primary Bedrooms
  • Private Yard
  • Dining Area
  • Panoramic View
  • 2 Car Detached Garage
  • Wood Siding

About This Home

As of March 2017

Standard sale -- Cute stick built cottage on 1.6 acres with 280 degree views to die for. Fruit trees on private yard. Detached two car garage. Shared driveway with another lovely home -- added security and peace of mind -- and country living. New paint, new carpet, and new bathtub scheduled for last week of December or first week of January -- Investors or owner occupied buyers -- purchase now and receive a $7,500 credit.

Last Agent to Sell the Property

Gene Foley

Community Real Estate License #01013491 Listed on: 01/02/2013

Last Buyer's Agent

Bill Arant

tenXrealty License #01317404

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,091

Year Built

  • Built in 1955

Lot Details

  • 1.6 Acre Lot
  • Steep Slope
  • Private Yard

Parking

  • 2 Car Detached Garage

Property Views

  • Panoramic
  • Mountain

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 956 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Linoleum Flooring
  • Propane Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • 1 Full Bathroom

Schools

  • Fallbrook Union Elementary District

Utilities

  • Separate Water Meter
  • Propane Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 102-630-27-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,091

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Ranch
  • Residential Styles: Detached
  • Market Area: North County
  • Cross Street: Rice Canyon Rd
  • Neighborhood: Rainbow
  • Estimated Living Space: 500 to 999 SqFt
  • LP / Sq Ft: 282.32
  • Price Per Sq Ft: 251.05
  • Residential Unit Location: Detached
  • SP/ Sq Ft: 251.05
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Linoleum/Vinyl
  • Sub Flooring: Slab on Grade
  • Equipment Available: Dishwasher, Microwave, Range/Oven
  • Walls: Drywall
  • Searchable Rooms: Bedroom Entry Level, Dining Area, Master Bdrm 2, Optional Bedrooms
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 15x15
  • Full Bathrooms: 1
  • Estimated Sq Ft: 956
  • Total Bathrooms: 1

Exterior Features

  • Exterior Material: Wood
  • Roof: Composition
  • View: Mountains/Hills, Panoramic
  • Exclusive Use Yard: Yes

Garage/Parking

  • Non Garage Parking: Detached
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Laundry Utilities: Electric, Propane
  • Sewer/Septic: Septic Installed
  • Water: Meter on Property
  • Water Heater Type: Propane

Condo/Co-op/Association

  • Community: FALLBROOK

Schools

  • Elementary School: Fallbrook Union Elementary District
  • Elementary School Website: https://www.fuesd.org/
  • Middle School Url: https://www.fuesd.org/
  • Middle School: Fallbrook Union Elementary District

Lot Info

  • Lot Size: 1+ to 2 AC
  • Topography: Slope Steep
  • Water District: FALLBROOK PUBLIC UTILITY DISTRI
  • Assessor Parcel Number: 102-630-27-00
  • Estimated Lot Sq Ft: 69696
  • Water District URL: http://www.fpud.com
  • Estimated Number of Acres: 1.6
  • Map Code Column: J
  • Map Code Page: 0998
  • Map Code Row: 5

Tax Info

  • Assessor Parcel Number: 5467RainbowHeights92028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2016
Closed on
Jan 10, 2017
Sold by
Macalusco Paul D and Macalusco Mary K
Bought by
Simon Eugene and Simon Carolyn M
Seller's Agent
Goran Forss
Team Forss Realty Group
Buyer's Agent
NoEmail NoEmail
Src Non-mls
List Price
$439,000
Sold Price
$425,000
Premium/Discount to List
-$14,000
-3.19%
Current Estimated Value
$714,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,194
Avg. Annual Appreciation
6.36%
Original Mortgage
$300,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 12, 2013
Closed on
Dec 27, 2013
Sold by
Zagorodniy Dmitriy
Bought by
Macaluso Paul D and Macaluso Mary K
Seller's Agent
Jonathan Minerick
HomeCoin.com
Buyer's Agent
Wendy Persson
Coldwell Banker Realty
List Price
$375,000
Sold Price
$327,500
Premium/Discount to List
-$47,500
-12.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%
Original Mortgage
$298,434
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Listed on
Dec 15, 2012
Closed on
Jan 17, 2013
Sold by
Williams Morley and Williams Carolyn K
Bought by
Zagorodniy Dmitriy
Seller's Agent
Bill Arant
Weichert Realtors, Cmty R.E.
Buyer's Agent
Bill Arant
Weichert Realtors, Cmty R.E.
List Price
$259,900
Sold Price
$240,000
Premium/Discount to List
-$19,900
-7.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.63%
Original Mortgage
$235,653
Interest Rate
3.29%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 20, 2011
Sold by
Williams Morley and Williams Carolyn
Bought by
Williams Morley and Williams Carolyn K

Purchase Details

Closed on
Aug 5, 2009
Sold by
Fdic
Bought by
Williams Morley and Williams Carolyn

Purchase Details

Closed on
Apr 15, 2009
Sold by
Watte Tiffany and Watte Eugene
Bought by
Indymac Federal Bank Fsb

Purchase Details

Closed on
Dec 14, 2005
Sold by
Dunmire David L
Bought by
Watte Tiffany and Watte Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,200
Interest Rate
1.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 22, 2005
Sold by
Dunmire Jim D and Dunmire John C
Bought by
Dunmire David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,200
Interest Rate
1.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 2, 1999
Sold by
Dunmire Jim D
Bought by
Dunmire Jim L and Dunmire John C
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Grant Deed $425,000 Fidelity National Title
Grant Deed $327,500 First American Title Company
Grant Deed $240,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Grant Deed $173,500 Chicago Title Company
Trustee Deed $196,177 Fidelity Natl Title Ins Co
Grant Deed $454,000 Lawyers Title San Diego
Interfamily Deed Transfer -- Lawyers Title San Diego
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $281,700 New Conventional
Closed $70,000 Credit Line Revolving
Closed $15,000 Future Advance Clause Open End Mortgage
Previous Owner $300,000 New Conventional
Previous Owner $298,434 VA
Previous Owner $235,653 FHA
Previous Owner $363,200 Negative Amortization
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2017 03/07/17 Sold $425,000 -3.2% $445 / Sq Ft
01/10/2017 01/10/17 Pending -- -- --
11/17/2016 11/17/16 For Sale $439,000 +34.0% $459 / Sq Ft
01/23/2014 01/23/14 Sold $327,500 0.0% $343 / Sq Ft
12/29/2013 12/29/13 Off Market $327,500 -- --
09/16/2013 09/16/13 Price Changed $345,000 -8.0% $361 / Sq Ft
09/11/2013 09/11/13 For Sale $375,000 +56.3% $392 / Sq Ft
02/19/2013 02/19/13 Sold $240,000 0.0% $251 / Sq Ft
01/14/2013 01/14/13 Sold $240,000 -11.1% $251 / Sq Ft
01/14/2013 01/14/13 Pending -- -- --
01/11/2013 01/11/13 Pending -- -- --
12/16/2012 12/16/12 For Sale $269,900 +3.8% $282 / Sq Ft
12/15/2012 12/15/12 For Sale $259,900 -- $272 / Sq Ft
Source: San Diego MLS

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 $5,091 $493,245 $319,160 $174,085
2024 $5,091 $483,574 $312,902 $170,672
2023 $4,968 $474,093 $306,767 $167,326
2022 $4,899 $464,798 $300,752 $164,046
2021 $4,770 $455,685 $294,855 $160,830
2020 $4,791 $451,013 $291,832 $159,181
2019 $4,699 $442,170 $286,110 $156,060
2018 $4,622 $433,500 $280,500 $153,000
2017 $930 $345,917 $245,026 $100,891
2016 $3,539 $339,135 $240,222 $98,913
2015 $3,483 $334,042 $236,614 $97,428
2014 $2,577 $241,088 $170,771 $70,317
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 130000180

San Diego MLS

APN: 102-630-27