NOT LISTED FOR SALE

5714 Rainbow Heights Rd Fallbrook, CA 92028

Estimated Value: $1,797,216 - $2,425,000

3 Beds
5.5 Baths
5,200 Sq Ft
$399/Sq Ft Est. Value

Last Sold January 15, 2015

Last sale price $975,000 $188 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $11,809/month

63 Days on Market

Highlights

  • Home Theater
  • Panoramic View
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • 20.43 Acre Lot
  • Secluded Lot

About This Home

As of January 2015

This Property is a one of a kind custom built home with 20 plus acres of a private and secluded breath taking 180 degree panoramic view. This "Jewel In The Sky" Property is located in a quaint area of Fallbrook known as "Rainbow" with a population of less than 2000 residents. It is a ten minute drive to Temecula and only a few minutes to several local wineries and gaming casinos and less than 35 minutes to San Diego. This unique 5,200 square foot home was built in 2002 and offers a multitude of unique features which include 6 bathrooms, 5 fireplaces, library, game room, theater/media room, two laundry rooms, an elevator and a detached garage/workshop with 20 foot ceilings. The landscape is spectacular.

Last Agent to Sell the Property

Steven Diamond

Coldwell Banker Realty License #01489159 Listed on: 10/14/2014

Coldwell Banker Realty

Co-Listed By

Vickie Hughes

CBA License #01224066

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 20.43 Acre Lot
  • Property fronts a private road
  • Rural Setting
  • Security Fence
  • Drip System Landscaping
  • Secluded Lot
  • Sprinklers on Timer
  • On-Hand Building Permits

Parking

  • 4 Car Attached Garage
  • 2 Carport Spaces

Property Views

  • Panoramic
  • Rock

Home Design

  • English Architecture
  • Fire Retardant Roof
  • Copper Plumbing

Interior Spaces

  • 5,200 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Skylights
  • Two Way Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Custom Window Coverings
  • Double Door Entry
  • Separate Family Room
  • Dining Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Library with Fireplace
  • Game Room with Fireplace
  • Workshop
  • Utility Room
  • Stone Flooring

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Double Convection Oven
  • Gas Oven
  • Free-Standing Range
  • Warming Drawer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas Dryer Hookup

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Balcony
  • Separate Outdoor Workshop
  • Shed

Utilities

  • Cooling System Powered By Gas
  • Two cooling system units
  • Forced Air Heating and Cooling System
  • 220 Volts in Garage
  • 220 Volts in Workshop
  • Propane
  • Conventional Septic
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 1092100800

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Country Road, Private Road
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Security System
  • View: Yes
  • Architectural Style: English
  • Property Condition: Building Permit
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1092100800
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5200.00
  • Interior Amenities: Built-in Features, Balcony, Cathedral Ceiling(s), Elevator, Copper Plumbing Full, Granite Counters, High Ceilings, Pantry, Two Story Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Double Door Entry
  • Eating Area: Area, Dining Room, Separated
  • Fireplace Features: Dining Room, Game Room, Gas, Library, Master Bedroom, Propane, Two Way
  • Levels: Two
  • Price Per Square Foot: 187.50
  • Room Type: All Bedrooms Up, Dressing Area, Foyer, Library, Media Room, Master Suite, Walk-In Pantry, Walk-In Closet, Separate Family Room, Office, Home Theatre, Utility Room, Workshop
  • Window Features: Custom Covering, Drapes, Skylight(s)
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Other Structures: Storage, Shed(s), Workshop
  • Exterior Features: Satellite Dish
  • View: Panoramic, Rocks
  • Fence: Yes
  • Fencing: Security
  • Pool Private: No
  • Roof: Fire Retardant
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.00
  • Garage Spaces: 4.00
  • Total Parking Spaces: 26.00

Utilities

  • Utilities: Cable Available, Electricity Available, Propane, Phone Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Double Oven, Dishwasher, Free-Standing Range, Disposal, Gas Oven, Ice Maker, Refrigerator, Warming Drawer
  • Electric: 220 Volts in Garage, 220 Volts in Workshop
  • Heating Type: Central, Forced Air
  • Laundry Features: Common Area, Gas Dryer Hookup, Inside, Individual Room, Upper Level
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air, Dual, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Lot Features: Landscaped, Lot Over 40000 Sqft, Rocks, Secluded, Sprinklers Drip System, Sprinklers Timer, Sprinkler System
  • Lot Size Sq Ft: 889931.00
  • Lot Size Acres: 20.4300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20.4300 Acres
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2014
Closed on
Dec 12, 2014
Sold by
Bryg Ronald J and Bryg Patricia Ann
Bought by
Waterman Marc N and Waterman Miki A
Seller's Agent
Steven Diamond
Coldwell Banker Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,000,000
Sold Price
$975,000
Premium/Discount to List
-$25,000
-2.5%
Current Estimated Value
$2,076,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,101,304
Avg. Annual Appreciation
7.14%

Purchase Details

Closed on
Nov 29, 2003
Sold by
Bryg Ronald J and Bryg Patricia Ann
Bought by
Bryg Ronald J and Bryg Patricia Ann

Purchase Details

Closed on
Nov 26, 2002
Sold by
Bryg Ronald J and Bryg Patricia Ann
Bought by
Bryg Ronald J and Bryg Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.28%

Purchase Details

Closed on
Feb 11, 2002
Sold by
Bryg Ronald J and Bryg Patricia Ann
Bought by
Bryg Ronald J and Bryg Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.11%

Purchase Details

Closed on
Jan 18, 2002
Sold by
Bryg Ronald J and Bryg Patricia Ann
Bought by
Bryg Ronald J and Bryg Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.11%

Purchase Details

Closed on
Sep 16, 1997
Sold by
Bryg Ronald J and Bryg Patricia Schwartz
Bought by
Bryg Ronald J and Byrg Patricia Ann

Purchase Details

Closed on
Nov 21, 1986

Purchase Details

Closed on
Feb 5, 1986
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
Waterman Marc N $975,000 Equity Title
Bryg Ronald J -- --
Bryg Ronald J -- Commonwealth Land Title Co
Bryg Ronald J -- --
Bryg Ronald J -- Commonwealth Land Title Co
Bryg Ronald J -- --
-- $99,500 --
-- $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bryg Ronald J $300,700
Previous Owner Bryg Ronald J $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2015 01/15/15 Sold $975,000 -2.5% $188 / Sq Ft
12/16/2014 12/16/14 Pending -- -- --
10/14/2014 10/14/14 For Sale $1,000,000 -- $192 / 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 $11,161 $1,171,796 $372,024 $799,772
2024 $11,161 $1,148,821 $364,730 $784,091
2023 $10,973 $1,126,296 $357,579 $768,717
2022 $10,950 $1,104,213 $350,568 $753,645
2021 $10,682 $1,082,563 $343,695 $738,868
2020 $10,733 $1,071,463 $340,171 $731,292
2019 $10,486 $1,050,454 $333,501 $716,953
2018 $10,271 $1,029,858 $326,962 $702,896
2017 $10,092 $1,009,665 $320,551 $689,114
2016 $11,192 $989,868 $314,266 $675,602
2015 $9,087 $786,848 $249,811 $537,037
2014 $8,827 $771,436 $244,918 $526,518
Source: Public Records

Agents Affiliated with this Home

  • Steven Diamond

    Seller's Agent in 2015

    Steven Diamond

    Coldwell Banker Realty

    (949) 677-0603

    17 Total Sales

    Steven Diamond
    Section Image

  • V

    Seller Co-Listing Agent in 2015

    Vickie Hughes

    CBA

    Section Image

  • N

    Buyer's Agent in 2015

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    6,183 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP14220450

California Regional Multiple Listing Service (CRMLS)

APN: 109-210-08

California San Diego County Fallbrook 92028

5714 Rainbow Heights Rd, Fallbrook, CA

Not Listed for Sale

Detached

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