NOT LISTED FOR SALE

6460 Rainbow Heights Rd Fallbrook, CA 92028

Estimated Value: $908,539 - $1,076,000

3 Beds
2 Baths
2,448 Sq Ft
$407/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $744,000 $304 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,970/month

3 Days on Market

Highlights

  • Wood Burning Stove
  • Walk-In Pantry
  • Laundry Room
  • Bonus Room
  • 2 Car Detached Garage
  • Storage Room

About This Home

As of August 2021

Coined "Casa Dulce" or "The Sweet House," this charming MODERN FARMHOUSE was once the site of the historic chocolate factory to Rainbow. Nestled atop the mountains, overlooking a preserve and valley, you will feel peacefully tucked away, yet close enough to the conveniences of North County & Temecula. With nearly 1 acre of fully enclosed property, the possibilities are endless for your toys, projects or to let your animals sprawl. In spring, the mature manicured grounds come to life with flowers & greenery, complete with automated irrigation systems that feed your citrus, peach, plum, avocado and apple trees and large boulders that surround the property add to its rustic charm. On a clear day you may even be able to catch glimpse of the ocean through the oak, pine and eucalyptus trees that shade the grounds. Tastefully updated and improved throughout, with a brand new roof ($25K value + transferable warranty), new exterior & interior paint & beautiful kitchen and bathrooms. Two master-sized bedrooms, one with its own private entrance & a third guest suite tucked away by itself. This home is made for entertaining, with a great-room style layout between the kitchen, family room & covered patio that all connect. On a clear day you may even be able to catch glimpse of the ocean through the oak, pine and eucalyptus trees that shade the grounds. Tastefully updated and improved throughout, with a brand new roof ($25K value + transferable warranty), new exterior & interior paint & beautifully updated kitchen and bathrooms. Two master-sized bedrooms, one with its own private entrance & a third guest suite tucked away by itself. This home is made for entertaining, with a great-room style layout between the kitchen, family room & covered patio that all connect.

Last Agent to Sell the Property

Nicole Mendoza

First Team Real Estate License #01919254 Listed on: 07/19/2021

First Team Real Estate

Co-Listed By

Michael Solis

Keller Williams San Diego Metro License #01897620

Last Buyer's Agent

Eduardo Briceno

Coldwell Banker License #01219478

Coldwell Banker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,520

Year Built

  • Built in 1967

Lot Details

  • 0.82 Acre Lot
  • Property is Fully Fenced
  • Property is zoned AGRICULTUR

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Composition Roof

Interior Spaces

  • 2,448 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Family Room
  • Dining Area
  • Bonus Room
  • Storage Room

Kitchen

  • Walk-In Pantry
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Separate Water Meter
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 109-250-36-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,520

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: North County
  • Cross Street: Rice Canyon Rd
  • Neighborhood: Rainbow
  • Supplement: On a clear day you may even be able to catch glimpse of the ocean through the oak, pine and eucalyptus trees that shade the grounds. Tastefully updated and improved throughout, with a brand new roof ($25K value + transferable warranty), new exterior & interior paint & beautifully updated kitchen and bathrooms. Two master-sized bedrooms, one with its own private entrance & a third guest suite tucked away by itself. This home is made for entertaining, with a great-room style layout between the kitchen, family room & covered patio that all connect.
  • LP / Sq Ft: 294.12
  • Price Per Sq Ft: 303.92
  • SP/ Sq Ft: 303.92
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1967
  • 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

  • Equipment Available: Dishwasher, Disposal, Dryer, Refrigerator, Washer, Gas Oven, Gas Range, Gas Cooking
  • Searchable Rooms: Bedroom Entry Level, Bonus Room, Dining Area, Family Room, MBR Entry Level, Optional Bedrooms, Storage Room, Kitchen, Laundry, Master Bathroom, Walk-In Pantry
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 23x15
  • Full Bathrooms: 2
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 2448
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full
  • Roof: Composition

Garage/Parking

  • Garage Details: Detached
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Garage Spaces: 6
  • Parking Spaces Total: 8

Utilities

  • Laundry Utilities: Gas
  • Sewer/Septic: Septic Installed
  • Water: Meter on Property
  • Heating: Forced Air Unit, Wood Stove
  • Heating Fuel: Propane

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: FALLBROOK

Lot Info

  • Lot Size: .5 to 1 AC
  • Topography: Rolling
  • Zoning: AGRICULTUR
  • Assessor Parcel Number: 109-250-36-00
  • Estimated Lot Sq Ft: 35719
  • Estimated Number of Acres: 0.82
  • Map Code Column: B
  • Map Code Page: 999
  • Map Code Row: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2021
Closed on
Aug 16, 2021
Sold by
Balakrishnan Sidharth and Balakrishnan Korey
Bought by
Arbelo Albert and Arbelo Jade Christine
Seller's Agent
Nicole Mendoza
First Team Real Estate
Buyer's Agent
Eduardo Briceno
Coldwell Banker
List Price
$679,000
Sold Price
$744,000
Premium/Discount to List
$65,000
9.57%
Current Estimated Value
$995,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,885
Avg. Annual Appreciation
7.76%
Original Mortgage
$744,000
Outstanding Balance
$679,439
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$322,913

Purchase Details

Closed on
Mar 26, 2021
Sold by
Balakrishnan Korey and Balakrishnan Sidharth
Bought by
Balakrishnan Sidharth and Balakrishnan Korey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,000
Interest Rate
3%
Mortgage Type
VA

Purchase Details

Closed on
Jan 22, 2020
Sold by
Balakrishnan Sidharth and Balakrishnan Korey
Bought by
Balakrishnan Korey and Balakrishnan Sidharth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,472
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 22, 2019
Closed on
Apr 22, 2019
Sold by
Lomac Macnair Andrew L and Lomac Macnair Lynne A
Bought by
Balakrishnan Sidharth and Balakrishnan Korey
Seller's Agent
Ken Baer
Willis Allen Real Estate
Buyer's Agent
Erica Williams
Coldwell Banker Village Prop
List Price
$550,000
Sold Price
$532,000
Premium/Discount to List
-$18,000
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.76%
Original Mortgage
$522,364
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 14, 2013
Closed on
Nov 19, 2013
Sold by
Arvin N Quentin and Arvin Karen K
Bought by
Lomac Macnair Andrew L and Lomac Macnair Lynne A
Seller's Agent
Ralph Foster
Sunshine Properties RealEstate
Buyer's Agent
Ken Buchmann
Compass
List Price
$345,000
Sold Price
$345,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%
Original Mortgage
$85,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2008
Sold by
First Federal Bank Of California
Bought by
Arvin N Quentin and Arvin Karen K

Purchase Details

Closed on
Aug 24, 2007
Sold by
Felch Lorraine M
Bought by
First Federal Bank Of California

Purchase Details

Closed on
Aug 25, 2006
Sold by
Felch Lorraine M
Bought by
Felch Lorraine M

Purchase Details

Closed on
Apr 4, 2005
Sold by
Felch Lorraine M
Bought by
Felch Lorraine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2002
Sold by
Felch Floyd A and Felch Lorraine M
Bought by
Felch Floyd A and Felch Lorraine M

Purchase Details

Closed on
Aug 19, 1983
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
Arbelo Albert $744,000 Lawyers Title Company
Balakrishnan Sidharth -- Wfg Title Company Of Ca
Balakrishnan Korey -- Westminster Title Co Inc
Balakrishnan Sidharth $532,000 Corinthian Title Company Inc
Lomac Macnair Andrew L $345,000 Fidelity National Title Co
Arvin N Quentin -- Fidelity National Title
First Federal Bank Of California $553,649 Accommodation
Felch Lorraine M -- None Available
Felch Lorraine M -- New Century Title Company
Felch Floyd A -- --
-- $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arbelo Albert $744,000
Previous Owner Balakrishnan Sidharth $566,000
Previous Owner Balakrishnan Korey $525,472
Previous Owner Balakrishnan Sidharth $522,364
Previous Owner Lomac Macnair Andrew L $85,000
Previous Owner Arvin N Quentin $208,000
Previous Owner Felch Lorraine M $488,000
Previous Owner Felch Floyd A $55,000
Previous Owner Felch Floyd A $35,000
Previous Owner Felch Floyd A $123,000
Previous Owner Felch Floyd A $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2021 08/16/21 Sold $744,000 +3.3% $304 / Sq Ft
07/27/2021 07/27/21 Price Changed $720,000 +6.0% $294 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $679,000 +27.6% $277 / Sq Ft
06/03/2019 06/03/19 Sold $532,000 -3.3% $217 / Sq Ft
04/09/2019 04/09/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $550,000 +59.4% $225 / Sq Ft
11/25/2013 11/25/13 Sold $345,000 0.0% $150 / Sq Ft
10/28/2013 10/28/13 Pending -- -- --
10/14/2013 10/14/13 For Sale $345,000 -- $150 / 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 $6,520 $789,536 $270,104 $519,432
2024 $6,520 $774,056 $264,808 $509,248
2023 $6,426 $758,879 $259,616 $499,263
2022 $6,444 $744,000 $254,526 $489,474
2021 $4,335 $548,261 $187,563 $360,698
2020 $4,374 $542,640 $185,640 $357,000
2019 $4,053 $379,123 $370,044 $9,079
2018 $3,955 $371,690 $362,789 $8,901
2017 $3,875 $364,403 $355,676 $8,727
2016 $3,792 $357,258 $348,702 $8,556
2015 $3,732 $351,893 $343,465 $8,428
2014 $3,649 $345,000 $336,737 $8,263
Source: Public Records

Agents Affiliated with this Home

  • Nicole Mendoza

    Seller's Agent in 2021

    Nicole Mendoza

    First Team Real Estate

    (858) 245-1361

    32 Total Sales

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  • Michael Solis

    Seller Co-Listing Agent in 2021

    Michael Solis

    Keller Williams San Diego Metro

    (760) 889-9374

    190 Total Sales

    Section Image

  • E

    Buyer's Agent in 2021

    Eduardo Briceno

    Coldwell Banker

    Section Image
  • Angela Spooner

    Buyer's Agent in 2021

    Angela Spooner

    Coldwell Banker Realty

    (951) 445-7409

    22 Total Sales

    Section Image
  • Ken Baer

    Seller's Agent in 2019

    Ken Baer

    Willis Allen

    (619) 248-4200

    56 Total Sales

    Section Image
  • Erica Williams

    Buyer's Agent in 2019

    Erica Williams

    Coldwell Banker Village Prop

    (760) 468-1721

    38 Total Sales

    Section Image
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Map

Source: San Diego MLS

MLS Number: 210020321

San Diego MLS

APN: 109-250-36

California San Diego County Fallbrook 92028

6460 Rainbow Heights Rd, Fallbrook, CA

This home is located at 6460 Rainbow Heights Rd, Fallbrook, CA 92028 since 19 July 2021 and is currently estimated at $995,885, approximately $406 per square foot. This property was built in 1967. 6460 Rainbow Heights Rd is a home located in San Diego County with nearby schools including Vallecitos Elementary School and Fallbrook High School.

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