NOT LISTED FOR SALE

5557 Rainbow Creek Rd Fallbrook, CA 92028

Estimated Value: $657,000 - $880,000

5 Beds
2 Baths
1,986 Sq Ft
$385/Sq Ft Est. Value

Last Sold April 27, 2021

Last sale price $570,000 $287 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,506/month

58 Days on Market

Highlights

  • RV Access or Parking
  • 1 Car Detached Garage
  • Laundry Room
  • Great Room
  • Paneling
  • Mountainous Community

About This Home

As of April 2021

Great opportunity to live on you very own Horse Ranch close to I-15. Large country kitchen, large Great room. Larger Master bedroom on 2nd. Story. This is a 5 bedroom home just waiting for the right family to call it home, 5 horse corrals with room for more. This is a 2.7 Acre lot, flat all usable. Bring your kids, and all your toys. Live off the land plenty of room for a yearly garden and more.

Last Agent to Sell the Property

Terence Webster

Buchanon & Associates License #01457513 Listed on: 01/28/2021

Last Buyer's Agent

Guadalupe Sanchez

Connects Real Estate Services License #01720818

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • Property is Fully Fenced
  • Chain Link Fence
  • Fence is in good condition
  • Level Lot
  • Property is zoned AG

Parking

  • 1 Car Detached Garage
  • Single Garage Door
  • Driveway
  • RV Access or Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • 1,986 Sq Ft Home
  • 2-Story Property
  • Paneling
  • Great Room
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Schools

  • Fallbrook Union High School District

Utilities

  • Conventional Septic
  • Septic System

Community Details

  • Mountainous Community

Listing and Financial Details

  • Assessor Parcel Number 102-240-15-00

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Ranch
  • Residential Styles: Detached
  • Market Area: North County
  • Cross Street: Rainbow Creek Rd
  • Neighborhood: Fallbrook
  • LP / Sq Ft: 276.94
  • Price Per Sq Ft: 287.01
  • SP/ Sq Ft: 287.01
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 1980
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Sub Flooring: Wood over Crawlspace
  • Equipment Available: Electric Oven, Electric Range, Electric Cooking
  • Walls: Wood Products/Paneling
  • Searchable Rooms: Great Room
  • Total Bedrooms: 5
  • Bedrooms: 5
  • Master Bedroom Dimensions: 21x15
  • Full Bathrooms: 2
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 1986
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Wood, Cedar
  • Fencing: Full, Good Condition, Chain Link
  • Roof: Composition

Garage/Parking

  • Parking for RV: On-Site Parking
  • Garage Details: Detached, Garage, Garage - Single Door
  • Garage Spaces: 1
  • Non Garage Parking: Driveway
  • Parking Spaces Total: 21

Utilities

  • Laundry Utilities: Electric, Gas
  • Sewer/Septic: Septic Installed, Conventional Septic
  • Water: Available, Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: SAN DIEGO

Schools

  • School District URL: https://www.fuhsd.net/
  • High School: Fallbrook Union High School District

Lot Info

  • Lot Size: 2+ to 4 AC
  • Topography: Level, Mountainous
  • Zoning: AG
  • Assessor Parcel Number: 102-240-15-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Mar 24, 2021
Sold by
Beattie Schaw M and Estate Of Shawn J Egeiston Bea
Bought by
Pavlenko Aleksandr and Pavlenko Yuliya
Seller's Agent
Terence Webster
Buchanon & Associates
Buyer's Agent
Guadalupe Sanchez
Connects Real Estate Services
List Price
$550,000
Sold Price
$570,000
Premium/Discount to List
$20,000
3.64%
Current Estimated Value
$765,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,264
Avg. Annual Appreciation
6.38%
Original Mortgage
$508,500
Outstanding Balance
$458,492
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$306,772

Purchase Details

Closed on
Feb 23, 2015
Sold by
Egelston Beattie Shawn J and Beattie Shawn
Bought by
Egelston Beattie Shawn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,300
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2006
Sold by
Beattie Shawn
Bought by
Beattie Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.76%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 16, 2006
Sold by
Beattie George W
Bought by
Beattie Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
1.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 21, 1985
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Pavlenko Aleksandr $570,000 Ticor Title Company Of Ca
Egelston Beattie Shawn J -- Lenders Title
Beattie Shawn -- First American Title Co
Beattie Shawn -- Fidelity National Title San
-- $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pavlenko Aleksandr $508,500
Previous Owner Egelston Beattie Shawn J $334,300
Previous Owner Beattie Shawn $375,000
Previous Owner Beattie Shawn $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2021 04/27/21 Sold $570,000 +3.6% $287 / Sq Ft
04/01/2021 04/01/21 For Sale $550,000 0.0% $277 / Sq Ft
03/28/2021 03/28/21 Pending -- -- --
02/19/2021 02/19/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $550,000 -- $277 / Sq Ft
Source: San Diego MLS

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 $6,389 $616,985 $454,621 $162,364
2024 $6,389 $604,888 $445,707 $159,181
2023 $6,235 $593,028 $436,968 $156,060
2022 $6,149 $581,400 $428,400 $153,000
2021 $2,483 $230,806 $103,190 $127,616
2020 $2,420 $228,440 $102,132 $126,308
2019 $2,374 $223,962 $100,130 $123,832
2018 $2,334 $219,571 $98,167 $121,404
2017 $2,287 $215,267 $96,243 $119,024
2016 $2,233 $211,047 $94,356 $116,691
2015 $2,199 $207,878 $92,939 $114,939
2014 $2,151 $203,807 $91,119 $112,688
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210002271

San Diego MLS

APN: 102-240-15