NOT LISTED FOR SALE

5843 Rainbow Heights Rd Fallbrook, CA 92028

Estimated Value: $950,000 - $1,261,000

3 Beds
2 Baths
2,356 Sq Ft
$449/Sq Ft Est. Value

Last Sold December 22, 2014

Last sale price $500,000 $212 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $6,114/month

196 Days on Market

Highlights

  • Panoramic View
  • Den
  • Workshop
  • Deck
  • Enclosed Patio or Porch
  • Eat-In Kitchen

About This Home

As of December 2014

4.3 acres with views, seasonal creeks, variety of fruit trees & gardens. A home w/ circular driveway, access road around the acreage, grand rooms w/ balconies, fireplace, cathedral ceilings, fine cabinetry & much more. 2-car detached garage with workshop. Lots of room for horses or ? Home of a renowned artist that created many special touches on this idyllic place. This is a must see! Seller may consider a trade - submit all offers... Neighborhoods: Fallbrook Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Septic Installed Topography: RSLP Bed 2 Dimension: 15x15 Bed 3 Dimension: 11x12 Dining Room Dimen: 12x14 Family Room Dim: 18x24 Kitchen Dim: 10x22 Living Room Dim: 17x27 Master Bedroom Dim: 17x20

Last Agent to Sell the Property

Eden Silver

Paradise Homes & Gardens License #00865674 Listed on: 05/04/2014

Last Buyer's Agent

Out of Area Agent

Out of Area Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 4.3

Parking

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

Property Views

  • Panoramic
  • Mountain

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,356 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Workshop

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Additional Features

  • 4.3 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 5843RainbowHeights92028
  • Assessor Parcel Number 1093202100

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1093202100
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2356.00
  • Stories: 1
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area, Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 212.22
  • Room Type: Main Floor Bedroom, Den, Family Room, Formal Entry, Main Floor Master Bedroom, Workshop

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Panoramic
  • Patio And Porch Features: Covered, Deck, Enclosed
  • Pool Private: No
  • Construction Materials: Brick, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Uncovered, Driveway
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave
  • Heating Type: Electric, Forced Air
  • Laundry Features: Electric Dryer Hookup
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 187308.00
  • Lot Size Acres: 4.3000

Multi Family

  • Lot Size Area: 187308.0000 Square Feet

Tax Info

  • Tax Lot: 5843RainbowHeights92028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2016
Sold by
Ordanez Yesica
Bought by
Franco Victor and Franco Enriqueta
Current Estimated Value
$1,057,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,600
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2014
Closed on
Dec 1, 2014
Sold by
Reardon Joyce A
Bought by
Franco Victor and Franco Enriqueta
Seller's Agent
Eden Silver
Paradise Homes & Gardens
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Original Mortgage
$399,840
Interest Rate
4%
Mortgage Type
FHA

Purchase Details

Closed on
May 13, 2002
Sold by
Mcclurg Theodore Huston
Bought by
Reardon Joyce A

Purchase Details

Closed on
Apr 17, 2000
Sold by
Perkins Clarence A & Evelyn L Trust
Bought by
Mcclurg Theodore Huston and Mcclurg Gwendolyn Christine

Purchase Details

Closed on
Nov 30, 1984
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
Franco Victor -- Lawyers Title Company
Franco Victor $500,000 Corinthian Title Company
Reardon Joyce A $355,000 First American Title
Mcclurg Theodore Huston $316,000 First American Title Ins Co
-- $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Franco Victor $347,600
Previous Owner Franco Victor $399,840
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2014 12/22/14 Sold $500,000 0.0% $212 / Sq Ft
11/16/2014 11/16/14 Pending -- -- --
05/04/2014 05/04/14 For Sale $500,000 -- $212 / 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 $6,894 $648,969 $245,580 $403,389
2024 $6,894 $636,245 $240,765 $395,480
2023 $6,734 $623,771 $236,045 $387,726
2022 $6,663 $611,541 $231,417 $380,124
2021 $6,496 $599,551 $226,880 $372,671
2020 $6,508 $593,404 $224,554 $368,850
2019 $6,185 $567,063 $220,151 $346,912
2018 $5,802 $533,920 $211,253 $322,667
2017 $5,624 $517,569 $207,111 $310,458
2016 $5,506 $507,421 $203,050 $304,371
2015 $5,421 $499,800 $200,000 $299,800
2014 $4,343 $400,000 $297,000 $103,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 140024052

California Regional Multiple Listing Service (CRMLS)

APN: 109-320-21