NOT LISTED FOR SALE

5645 Rainbow Heights Rd Fallbrook, CA 92028

Estimated Value: $1,057,000 - $1,286,000

4 Beds
3.5 Baths
2,942 Sq Ft
$387/Sq Ft Est. Value

Last Sold July 01, 2014

Last sale price $490,000 $167 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $6,559/month

66 Days on Market

Highlights

  • Wine Cellar
  • Fireplace in Primary Bedroom
  • Main Floor Bedroom
  • Mountain View
  • Wood Flooring
  • Laundry Room

About This Home

As of July 2014

Back on market, buyer did not perform. 3 BR, 3 BA, office, huge country kitchen, 5 fireplaces, multiple porches & views. 3 outbuildings, 2 metal storage sheds on 2 legal parcels; each parcel has it's own water meter & electric service and can easily accommodate RVs, toys, multiple vehicles. North parcel is fenced and gated & has a metal roof covered work area where previous owner created welding artworks. Unique property with a lot of character, versatility and potential; a gemstone for the right buyer. Neighborhoods: Rainbow Equipment: Garage Door Opener, Shed(s) Other Fees: 0 Sewer: Septic Installed Topography: LL,GSL,SSLP

Last Agent to Sell the Property

Bob Hillery

CR Properties Real Estate License #01391379 Listed on: 02/04/2014

Last Buyer's Agent

Melanie Myatt

Intero Real Estate Services License #01780080

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • 1.47 Acre Lot
  • Partially Fenced Property
  • Manual Sprinklers System

Parking

  • 20 Open Parking Spaces
  • 3 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Concrete Roof
  • Stucco

Interior Spaces

  • 2,942 Sq Ft Home
  • 2-Story Property
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Propane Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heating System Uses Wood

Listing and Financial Details

  • Tax Lot 5645RainbowHeights92028
  • Assessor Parcel Number 1023620600

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1023620600
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2942.00
  • Stories: 2
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 166.55
  • Room Type: Main Floor Bedroom, Wine Cellar

Exterior Features

  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Concrete
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Uncovered, Driveway
  • Total Parking Spaces: 23.00
  • Uncovered Spaces: 20.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave
  • Heating Type: Propane, Wood, Fireplace(s), Forced Air
  • Laundry Features: Electric Dryer Hookup, Propane Dryer Hookup, Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Features: Sprinklers Manual, Sprinkler System
  • Lot Size Sq Ft: 34412.00
  • Lot Size Acres: 1.4700

Multi Family

  • Lot Size Area: 34412.0000 Square Feet

Tax Info

  • Tax Lot: 5645RainbowHeights92028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2021
Sold by
Holycross Cody and Holycross Courtney
Bought by
Amped Up Ventures Inc
Current Estimated Value
$1,138,012

Purchase Details

Closed on
Nov 22, 2016
Sold by
Levada Victor M and Levada Deborah L
Bought by
Holycross Cody and Holycross Courtney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,200
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2014
Sold by
Jacques Raoul T and Silapalikiporn Tutsie
Bought by
Levada Victor M and Levada Deborat L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,124
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 14, 2011
Sold by
Waltz Michael Jerome
Bought by
Jacques Raoul T and Silapalikiporn Tutsie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 2008
Sold by
Waltz Heidi
Bought by
Waltz Heidi

Purchase Details

Closed on
Jul 25, 2003
Sold by
Waltz Michael and Waltz Heidi
Bought by
Waltz Michael Jerome and Waltz Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 1994
Sold by
Waltz Heidi
Bought by
Waltz Michael and Waltz Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.21%
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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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
Amped Up Ventures Inc -- None Available
Holycross Cody $568,000 First American Title
Levada Victor M $490,000 Ticor Title Insurance Co
Jacques Raoul T $400,000 Lawyers Title Insurance Co
Waltz Heidi -- None Available
Waltz Michael Jerome -- Fidelity National Title Co
Waltz Michael -- Fidelity National Title
Waltz Michael -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holycross Cody $511,200
Previous Owner Levada Victor M $481,124
Previous Owner Jacques Raoul T $300,000
Previous Owner Waltz Michael $200,000
Previous Owner Waltz Michael $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2014 07/01/14 Sold $490,000 0.0% $167 / Sq Ft
04/11/2014 04/11/14 Pending -- -- --
02/04/2014 02/04/14 For Sale $490,000 -- $167 / 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 $7,161 $698,249 $232,114 $466,135
2024 $7,161 $684,559 $227,563 $456,996
2023 $6,987 $671,137 $223,101 $448,036
2022 $6,889 $657,978 $218,727 $439,251
2021 $6,635 $645,078 $214,439 $430,639
2020 $6,663 $638,465 $212,241 $426,224
2019 $6,167 $590,947 $208,080 $382,867
2018 $6,063 $579,360 $204,000 $375,360
2017 $930 $568,000 $200,000 $368,000
2016 $4,966 $477,167 $172,592 $304,575
2015 $4,887 $470,000 $170,000 $300,000
2014 $4,188 $397,145 $104,512 $292,633
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Bob Hillery

    CR Properties Real Estate

    Section Image

  • M

    Buyer's Agent in 2014

    Melanie Myatt

    Intero Real Estate Services

    Section Image

  • M

    Buyer's Agent in 2014

    Mary Martin

    Mary Martin, Broker

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 140006510

California Regional Multiple Listing Service (CRMLS)

APN: 102-362-06

California San Diego County Fallbrook 92028

5645 Rainbow Heights Rd, Fallbrook, CA

Not Listed for Sale

Detached

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