NOT LISTED FOR SALE

5645 Rainbow Heights Rd Fallbrook, CA 92028

Estimated Value: $1,026,000 - $1,170,000

3 Beds
3 Baths
3,000 Sq Ft
$373/Sq Ft Est. Value

Last Sold December 09, 2016

Last sale price $568,000 $189 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $6,684/month

10 Days on Market

Highlights

  • Ocean View
  • RV Access or Parking
  • Wood Flooring
  • Wine Cellar
  • Fireplace in Primary Bedroom
  • Main Floor Bedroom

About This Home

As of December 2016

Custom split level, built in 1994, 3,000 sq. 3 bed 3 bathroom with view, and .79 acre parcel. No HOA, wet bar, sauna, 5 fireplaces, dual pane vinyl windows, 9 sets of double French doors, home sprinkler system, home vacuum system, over 1,500 sq. of covered patio and decking, outbuildings include, detached office or bedroom and tool shed, root cellar. Over 254 sq. not included in above sq. Custom landscaping, new aerobic septic system just installed, cost over 20k, propane gas for cooking and much more. Propane gas for cooking and much more. Adjoining Parcel also available.

Last Agent to Sell the Property

Jef Karchin

Karchin.com License #00597402 Listed on: 10/15/2016

Last Buyer's Agent

Larry James

Realty Source, Inc License #01464197

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,161

Year Built

  • Built in 1994

Lot Details

  • 0.79 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Property is zoned R-1:SINGLE

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Uncovered Parking
  • RV Access or Parking

Home Design

  • Split Level Home
  • Concrete Roof
  • Stucco Exterior

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Wine Cellar
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • 5 Fireplaces
  • Storage Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Propane Dryer Hookup

Additional Features

  • Covered Patio or Porch
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 102-362-06-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,161

Year Built

Built in 1994

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: North County
  • Cross Street: RICE CANYON RD
  • Neighborhood: RAINBOW
  • Supplement: Propane gas for cooking and much more. Adjoining Parcel also available.
  • Estimated Living Space: 3,000 to 3,999 SqFt
  • LP / Sq Ft: 189.33
  • Price Per Sq Ft: 189.33
  • SP/ Sq Ft: 189.33
  • Stories: Split Level
  • Stories In Building: 2
  • Ownership: Fee Simple
  • Year Built: 1994
  • 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

  • Flooring: Carpet, Tile, Wood
  • Equipment Available: Dishwasher, Disposal, Garage Door Opener, Microwave, Range/Oven, Refrigerator
  • Fireplaces: 5
  • Fireplace: Fp In Dining Room, Fp In Family Room, Fp In Master Br
  • Searchable Rooms: Bedroom Entry Level, Dining Area, Family Room, Storage Room, Wine Cellar
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 15X17
  • Full Bathrooms: 3
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 3000
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Patio: Covered
  • Roof: Concrete
  • View: Ocean

Garage/Parking

  • Parking for RV: On-Site Parking
  • Garage Details: Attached
  • Garage Spaces: 3
  • Non Garage Parking: Uncovered
  • Garage Spaces: 10
  • Parking Spaces Total: 13

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric, Propane
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Propane

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 1

Condo/Co-op/Association

  • Community: FALLBROOK

Lot Info

  • Lot Size: .5 to 1 AC
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 102-362-06-00
  • Estimated Lot Sq Ft: 34412
  • Estimated Number of Acres: 0.79

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
$1,119,293

Purchase Details

Listed on
Oct 15, 2016
Closed on
Nov 22, 2016
Sold by
Levada Victor M and Levada Deborah L
Bought by
Holycross Cody and Holycross Courtney
Seller's Agent
Jef Karchin
Karchin.com
Buyer's Agent
Larry James
Realty Source, Inc
List Price
$568,000
Sold Price
$568,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
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:

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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
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 $475,700
Previous Owner Holycross Cody $484,000
Previous Owner Holycross Cody $511,200
Previous Owner Levada Victor M $481,502
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 Change Sq Ft Price
12/09/2016 12/09/16 Sold $568,000 0.0% $189 / Sq Ft
10/24/2016 10/24/16 Pending -- -- --
10/14/2016 10/14/16 For Sale $568,000 +15.9% $189 / 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: San Diego MLS

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

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Map

Source: San Diego MLS

MLS Number: 160056333

San Diego MLS

APN: 102-362-06