NOT LISTED FOR SALE

5493 Rainbow Heights Rd Fallbrook, CA 92028

Estimated Value: $997,000 - $1,618,000

4 Beds
2 Baths
4,060 Sq Ft
$302/Sq Ft Est. Value

About This Home

This home is located at 5493 Rainbow Heights Rd, Fallbrook, CA 92028 and is currently estimated at $1,225,356, approximately $301 per square foot. 5493 Rainbow Heights Rd is a home located in San Diego County with nearby schools including Vallecitos Elementary School and Fallbrook High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2021
Sold by
Wells Philip Irving and Wells Della Jane
Bought by
Wells Philip Irving and Wells Della Jane
Current Estimated Value
$1,225,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,233,562
Outstanding Balance
$1,134,249
Interest Rate
3.09%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$91,107

Purchase Details

Closed on
May 22, 2018
Sold by
Wells Philip I and Wells Della J
Bought by
Wells Philip L and Wells Della J

Purchase Details

Closed on
Apr 2, 2004
Sold by
Wells Charles A and Wells Sandra J
Bought by
Wells Philip I and Wells Della J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,000
Interest Rate
5.35%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 21, 1994
Sold by
State Street Bank & Trust Company
Bought by
Wells Charles A and Wells Sandra J

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
9.2%

Purchase Details

Closed on
Oct 4, 1994
Sold by
Gonzalez Abner Rocabed Nuno
Bought by
State Street Bank & Trust Company

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
9.2%

Purchase Details

Closed on
Apr 18, 1994
Sold by
Gonzalez Abner Rocabed Nuno
Bought by
Ollier Eden

Purchase Details

Closed on
Apr 11, 1991

Purchase Details

Closed on
Dec 4, 1987

Purchase Details

Closed on
Mar 6, 1986
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Wells Philip Irving -- Pacific Coast Title
Wells Philip L -- None Available
Wells Philip I -- Commonwealth Land Title
Wells Charles A $187,500 Gateway Title Company
State Street Bank & Trust Company $359,952 Chicago Title Company
Ollier Eden -- --
-- $452,500 --
-- $320,000 --
-- $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Philip Irving $1,233,562
Closed Wells Philip I $434,000
Closed Wells Charles A $150,000
Source: Public Records

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 $3,220 $314,911 $100,765 $214,146
2024 $3,220 $308,738 $98,790 $209,948
2023 $3,141 $302,685 $96,853 $205,832
2022 $3,096 $296,751 $94,954 $201,797
2021 $3,014 $290,934 $93,093 $197,841
2020 $3,026 $287,952 $92,139 $195,813
2019 $2,968 $282,307 $90,333 $191,974
2018 $2,918 $276,772 $88,562 $188,210
2017 $2,859 $271,346 $86,826 $184,520
2016 $2,791 $266,026 $85,124 $180,902
2015 $2,748 $262,031 $83,846 $178,185
2014 $2,688 $256,899 $82,204 $174,695
Source: Public Records

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