NOT LISTED FOR SALE

5665 Rainbow Heights Rd Fallbrook, CA 92028

Estimated Value: $725,000 - $868,198

4 Beds
2 Baths
1,968 Sq Ft
$412/Sq Ft Est. Value

Last Sold November 25, 2016

Last sale price $410,000 $208 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $4,663/month

155 Days on Market

Highlights

  • Ocean View
  • Deck
  • Great Room
  • Heated Pool
  • Bonus Room
  • Home Gym

About This Home

As of November 2016

Huge 30x50 metal Barn, two car detached garage plus carport, 4 bd modular (prefab) home with huge rec room on 1.74 acres makes this the steal of a deal! Sunset views from the deck & on some days you can even see the ocean. Lower 19x23’ room is perfect for art studio, office or additional bedroom. Planted with various fruit trees and even avocado. The huge barn has a loft and office in the rear. Driveway offers lots of parking. See Supplement Neighborhoods: Rainbow Equipment: Range/Oven, Shed(s) Other Fees: 0 Sewer: Septic Installed Topography: RSLP

Last Agent to Sell the Property

Ralph Foster

Tripoint Financial Inc. License #00856341 Listed on: 06/08/2016

Co-Listed By

Rodney Hughes

HomeSmart Realty West License #01944129

Last Buyer's Agent

Fabian Gonzalez

Signature Realty Network License #00932573

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 1.74 Acre Lot
  • Partially Fenced Property

Parking

  • 10 Open Parking Spaces
  • 14 Car Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Panoramic
  • Mountain

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,968 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Living Room with Fireplace
  • Bonus Room
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Heated Pool
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1023620700

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0

Parking

14

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Rainbow
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1023620700
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1968.00
  • Stories: 1
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 208.33
  • Room Type: Bonus Room, Exercise Room, Great Room

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Ocean, Panoramic
  • Fence: Yes
  • Fencing: Partial
  • Patio And Porch Features: Deck
  • Pool Features: Heated
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 14.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 24.00
  • Uncovered Spaces: 10.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Water Heater, Dishwasher, Refrigerator
  • Heating Type: Electric, Forced Air
  • Laundry Features: Electric Dryer Hookup, Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 75794.00
  • Lot Size Acres: 1.7400

Multi Family

  • Lot Size Area: 75794.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2016
Closed on
Nov 14, 2016
Sold by
Williams Shannon W and Williams Devera D
Bought by
Mcwhorter Jon Edel
Seller's Agent
Ralph Foster
Tripoint Financial Inc.
Buyer's Agent
Fabian Gonzalez
Signature Realty Network
List Price
$410,000
Sold Price
$410,000
Current Estimated Value
$811,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,800
Avg. Annual Appreciation
7.80%

Purchase Details

Closed on
Mar 18, 2005
Sold by
Williams Devera D and Williams Shannon W
Bought by
Williams Shannon W and Williams Devera D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
5.53%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 22, 2002
Sold by
Snell Larry D and Doyle Snell Maureen
Bought by
Williams Shannon W and Williams Devera D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,200
Interest Rate
7.15%
Mortgage Type
VA

Purchase Details

Closed on
Sep 19, 1997
Sold by
Gatz Mary Lou and Solak John A
Bought by
Snell Larry D and Bateman Maureen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.44%
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
Mcwhorter Jon Edel $410,000 Fidelity Natl Title Ins Co S
Williams Shannon W -- Placer
Williams Shannon W $240,000 Fidelity National Title Ins
Snell Larry D $140,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Shannon W $359,000
Previous Owner Williams Shannon W $247,200
Previous Owner Snell Larry D $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2016 11/25/16 Sold $410,000 0.0% $208 / Sq Ft
11/10/2016 11/10/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $410,000 -- $208 / 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 $4,918 $475,834 $232,114 $243,720
2024 $4,918 $466,505 $227,563 $238,942
2023 $4,799 $457,358 $223,101 $234,257
2022 $4,732 $448,391 $218,727 $229,664
2021 $4,608 $439,600 $214,439 $225,161
2020 $4,628 $435,094 $212,241 $222,853
2019 $4,540 $426,564 $208,080 $218,484
2018 $4,465 $418,200 $204,000 $214,200
2017 $4,377 $410,000 $200,000 $210,000
2016 $3,201 $299,500 $99,833 $199,667
2015 $3,152 $295,002 $98,334 $196,668
2014 $3,011 $289,224 $96,408 $192,816
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Ralph Foster

    Tripoint Financial Inc.

    Section Image

  • R

    Seller Co-Listing Agent in 2016

    Rodney Hughes

    HomeSmart Realty West

    Section Image

  • F

    Buyer's Agent in 2016

    Fabian Gonzalez

    Signature Realty Network

    (619) 813-1111

    1 Total Sale

    Fabian Gonzalez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 160031447

California Regional Multiple Listing Service (CRMLS)

APN: 102-362-07

California San Diego County Fallbrook 92028

5665 Rainbow Heights Rd, Fallbrook, CA

Not Listed for Sale

Detached

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