NOT LISTED FOR SALE

5625 Rainbow Heights Rd Fallbrook, CA 92028

Estimated Value: $781,841 - $887,000

3 Beds
2 Baths
1,554 Sq Ft
$541/Sq Ft Est. Value

Last Sold June 27, 2017

Last sale price $505,000 $325 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,903/month

24 Days on Market

Highlights

  • Coastline Views
  • Covered Patio or Porch
  • Laundry Room
  • Great Room
  • Whole House Fan
  • Tile Flooring

About This Home

As of June 2017

This 2 bedroom plus optional office, den, or ? Two bath home sits on .58 acres on a hilltop w/ panoramic views to the coast. In winter there is a slight water view. .40 miles up Rainbow Heights Rd on a country lane you cannot see this property from the road. Kitchen remodeled in 2009/2010, granite counters, Jenn Air Appliances & Travertine Tile. Bathrms remodeled 2012/2013. New carpet in bedrms. Whole House fan plus A/C. Home just painted outside. Gardner's delight. Fruit trees abound. Minutes to I-15. Neighborhoods: Rainbow Heights Equipment: Garage Door Opener Other Fees: 0 Sewer: Septic Installed Topography: LL,GSL

Last Agent to Sell the Property

Jane Kepley

Premiere Real Estate License #01755298 Listed on: 05/05/2017

Co-Listed By

Teri King

Premiere Real Estate License #01703867

Last Buyer's Agent

Bonnie Maffei

Santa Cruz Estates License #01165381

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 0.58 Acre Lot
  • Partially Fenced Property

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Driveway

Property Views

  • Coastline
  • Panoramic
  • Mountain

Home Design

  • Stucco

Interior Spaces

  • 1,554 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Living Room with Fireplace

Kitchen

  • Electric Oven
  • Built-In Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Whole House Fan
  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1023621500

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Rainbow Heights
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1023621500
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1554.00
  • Stories: 1
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 324.97
  • Room Type: Great Room

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Panoramic, Coastline
  • Fence: Yes
  • Fencing: Partial
  • Patio And Porch Features: Covered, Concrete, Patio
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Water Heater, Dishwasher, Refrigerator, Built-In Range, Electric Oven, Electric Range, Electric Cooking
  • Heating Type: Electric, Fireplace(s), Forced Air
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, In Garage
  • Cooling: Central Air, Whole House Fan
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 25264.00
  • Lot Size Acres: 0.5800

Multi Family

  • Lot Size Area: 25264.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2017
Closed on
Jun 1, 2017
Sold by
Bacot Peter and Bacot Marlene
Bought by
Estrada Heriberto and Estrada Olga
Seller's Agent
Jane Kepley
Premiere Real Estate
Buyer's Agent
Bonnie Maffei
Santa Cruz Estates
List Price
$499,900
Sold Price
$505,000
Premium/Discount to List
$5,100
1.02%
Current Estimated Value
$839,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,960
Avg. Annual Appreciation
6.16%
Original Mortgage
$495,853
Outstanding Balance
$421,681
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$418,279

Purchase Details

Closed on
Feb 2, 2011
Sold by
Bacot Peter R and Bacot Marlene D
Bought by
Bacot Peter and Bacot Marlene

Purchase Details

Closed on
Jul 11, 2007
Sold by
Short Stephen J and Short Family 1992 Trust
Bought by
Bacot Peter R and Bacot Marlene D
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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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
Estrada Heriberto $505,000 Fidelity Natl Title Ins Sd
Bacot Peter -- None Available
Bacot Peter R $430,500 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Estrada Heriberto $495,853
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2017 06/27/17 Sold $505,000 +1.0% $325 / Sq Ft
05/29/2017 05/29/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $499,900 -- $322 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,018 $586,088 $326,746 $259,342
2024 $6,018 $574,597 $320,340 $254,257
2023 $5,872 $563,331 $314,059 $249,272
2022 $5,790 $552,286 $307,901 $244,385
2021 $5,637 $541,458 $301,864 $239,594
2020 $5,661 $535,907 $298,769 $237,138
2019 $5,553 $525,400 $292,911 $232,489
2018 $5,461 $515,099 $287,168 $227,931
2017 $4,248 $400,000 $223,000 $177,000
2016 $4,178 $395,000 $221,000 $174,000
2015 $3,809 $360,000 $202,000 $158,000
2014 $3,591 $340,000 $191,000 $149,000
Source: Public Records

Agents Affiliated with this Home

  • Jane Kepley

    Seller's Agent in 2017

    Jane Kepley

    Premiere Real Estate

    (760) 622-0204

    46 Total Sales

    Jane Kepley
    Section Image
  • Teri King

    Seller Co-Listing Agent in 2017

    Teri King

    Premiere Real Estate

    (760) 468-3139

    52 Total Sales

    Teri King
    Section Image

  • B

    Buyer's Agent in 2017

    Bonnie Maffei

    Santa Cruz Estates

  • Aldo Morales

    Buyer's Agent in 2017

    Aldo Morales

    Santa Fe Hills Realty

    (760) 520-9263

    45 Total Sales

    Aldo Morales
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 170023258

California Regional Multiple Listing Service (CRMLS)

APN: 102-362-15

California San Diego County Fallbrook 92028

5625 Rainbow Heights Rd, Fallbrook, CA

Not Listed for Sale

Detached

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