NOT LISTED FOR SALE

5542 Rainbow Heights Rd Fallbrook, CA 92028

Estimated Value: $623,000 - $803,000

2 Beds
1.5 Baths
1,412 Sq Ft
$514/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2019

Last sale price $370,000 $262 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $4,287 / mo

6 Days on Market

Highlights

  • 5.04 Acre Lot
  • Laundry Room
  • Wood Siding
  • Cooling System Mounted To A Wall/Window
  • Partially Fenced Property
  • Heating System Uses Wood

About This Home

As of January 2019

Fixer on 5 acres with Gorgeous views, with potential for ocean views on clear days. Open floor plan. Well on property+3 tanks totaling 16,000 gallons. Just needs the right person to make it beautiful again! Neighborhoods: Rainbow Architectural Style: Craftsman/Bungalow View: Craftsman/Bungalow Equipment: Shed(s) Other Fees: 0 Sewer: Septic Installed Topography: GSL

Last Agent to Sell the Property

Sam Oberg

Century 21 Affiliated License #02016875 Listed on: 01/09/2019

Century 21 Affiliated

Last Buyer's Agent

Margaret Irving

eXp Realty of California, Inc. License #01874914

eXp Realty of California, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Lot Details

  • 5.04 Acre Lot
  • Partially Fenced Property
  • Property is zoned AGRICULTUR

Home Design

  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,412 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Parking Available
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Wood

Listing and Financial Details

  • Assessor Parcel Number 1026302300

Home Details

Home Type

Single Family

Year Built

Built in 1971

Lot Details

5.04 Acres

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Fallbrook
  • Zoning: AGRICULTUR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1026302300
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1412.00
  • Stories: 1
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 262.04

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Asphalt
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Electric Oven, Electric Range
  • Heating Type: Wood, Fireplace(s)
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, Inside
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 219542.00
  • Lot Size Acres: 5.0400

Multi Family

  • Lot Size Area: 219542.0000 Square Feet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2019
Closed on
Jan 30, 2019
Sold by
Bought by
Seller's Agent
Sam Oberg
Century 21 Affiliated
Buyer's Agent
Margaret Irving
eXp Realty of California, Inc.
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%
Current Estimated Value
$726,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,011
Avg. Annual Appreciation
9.63%

Purchase Details

Closed on
Dec 8, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.16%

Purchase Details

Closed on
Mar 28, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
8.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$375,000 Corinthian Title Company
$132,000 Landsafe Title
$139,500 Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $125,000
Previous Owner $132,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/31/2019 01/31/19 Sold $370,000 -1.3% $262 / Sq Ft
01/15/2019 01/15/19 Pending -- -- --
01/09/2019 01/09/19 For Sale $375,000 -- $266 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,438 $418,315 $301,188 $117,127
2024 $4,438 $410,114 $295,283 $114,831
2023 $4,333 $402,074 $289,494 $112,580
2022 $4,274 $394,191 $283,818 $110,373
2021 $4,165 $386,462 $278,253 $108,209
2020 $4,183 $382,500 $275,400 $107,100
2019 $2,081 $188,927 $114,707 $74,220
2018 $2,047 $185,223 $112,458 $72,765
2017 $2,007 $181,592 $110,253 $71,339
2016 $3,823 $178,033 $108,092 $69,941
2015 $1,932 $175,360 $106,469 $68,891
2014 $1,892 $171,926 $104,384 $67,542
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Sam Oberg

    Century 21 Affiliated

    Section Image

  • M

    Buyer's Agent in 2019

    Margaret Irving

    eXp Realty of California, Inc.

    (619) 246-8400

    Margaret Irving
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 190001874

California Regional Multiple Listing Service (CRMLS)

APN: 102-630-23

California San Diego County Fallbrook 92028

5542 Rainbow Heights Rd, Fallbrook, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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