NOT LISTED FOR SALE

6463 Rainbow Heights Rd Fallbrook, CA 92028

Estimated Value: $1,041,000 - $1,214,000

3 Beds
2 Baths
2,026 Sq Ft
$554/Sq Ft Est. Value

Last Sold October 20, 2020

Last sale price $789,000 $389 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $6,485/month

11 Days on Market

Highlights

  • RV Access or Parking
  • 23.82 Acre Lot
  • Secluded Lot
  • View of Trees or Woods
  • Deck
  • Two Story Ceilings

About This Home

As of October 2020

Breathtaking panoramic views all around this perfectly remodeled country home. Perched above Gomez Creek nestled on 23.8 acres this home offers 3 bedrooms and 2 bathrooms with custom built in beds in the loft as well. 2 story wood ceilings, granite counters, wood look tile floors, and many improvements to include: PAID SOLAR, New roof, New Air Conditioning and Furnace, New water heater, New windows, shutters, and doors, Remodeled master bath with barn door entry, dog run, exterior paint is class A fire rated and waterproof, attic sealed with new insulation, artificial turf in back, drought tolerant Kurapia in front, irrigation, new lights and fans, a private range, and much more. The property also hosts native a variety of flowers that grow naturally and macadamia nut, apple, orange, grapefruit, and lemon trees. Just minutes from the freeway but far enough from it all, this home has so much to offer you must truly see to appreciate. Just appraised OVER asking price!

Potential income from wildflower harvest and lease of private range.

Last Agent to Sell the Property

Devin Halverson

Jason Mitchell R. E. Calif License #02106031 Listed on: 08/13/2020

Jason Mitchell R. E. Calif

Last Buyer's Agent

Ryan Schramm

Ryan Schramm Real Estate License #01851291

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 23.82 Acre Lot
  • Rural Setting
  • Secluded Lot
  • Sprinkler System
  • Density is 21-25 Units/Acre

Property Views

  • Woods
  • Canyon
  • Hills
  • Valley

Home Design

  • Turnkey

Interior Spaces

  • 2,026 Sq Ft Home
  • Crown Molding
  • Two Story Ceilings
  • Double Pane Windows
  • Blinds
  • Dining Room
  • Tile Flooring
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms
  • Stone Bathroom Countertops
  • Bathtub
  • Walk-in Shower

Parking

  • Parking Available
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Propane
  • Septic Type Unknown

Additional Features

  • ENERGY STAR Qualified Equipment
  • Agricultural

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Tract Number 10
  • Assessor Parcel Number 1093511000

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Storage containers, Shed, Play house
  • Property Attached: No
  • View: Yes
  • Zoning: A
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1093511000
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2026.00 Square Feet
  • Interior Amenities: Crown Molding, Granite Counters, Two Story Ceilings
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 389.44
  • Room Type: Main Floor Bedroom
  • Window Features: Blinds, Double Pane Windows
  • Bathroom Features: Bathtub, Stone Counters, Walk-In Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s), Storage
  • View: Canyon, Hills, Trees/Woods, Valley
  • Patio And Porch Features: Deck, Patio, Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: RV Access/Parking

Utilities

  • Utilities: Propane
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Central, Propane
  • Laundry Features: Individual Room, Inside
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 21-25 Units/Acre, Agricultural, Secluded, Sprinkler System
  • Lot Size Sq Ft: 1037599.00
  • Lot Size Acres: 23.8200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1037599.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 191.01
  • Tax Lot: 0000
  • Tax Tract Number: 10-351

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Oct 10, 2020
Sold by
Ballis Morgan R and Ballis Desiree N
Bought by
Tomaz Eric Michael
Seller's Agent
Devin Halverson
Jason Mitchell R. E. Calif
Buyer's Agent
Ryan Schramm
Ryan Schramm Real Estate
List Price
$798,000
Sold Price
$789,000
Premium/Discount to List
-$9,000
-1.13%
Current Estimated Value
$1,121,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,476
Avg. Annual Appreciation
6.90%
Original Mortgage
$789,000
Outstanding Balance
$701,773
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$419,703

Purchase Details

Closed on
Nov 8, 2019
Sold by
Ballis Morgan Richard and Ballis Desiree Nichole
Bought by
Ballis Morgan R and Ballis Desiree N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$631,370
Interest Rate
3.65%
Mortgage Type
VA

Purchase Details

Closed on
Sep 22, 2017
Sold by
Schoedel Lisa A
Bought by
Ballis Morgan Richard and Ballis Desiree Nichole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,737
Interest Rate
3.86%
Mortgage Type
VA

Purchase Details

Closed on
Apr 14, 2017
Sold by
Schoedel Lisa Ann and Mcfadden John R
Bought by
Schoedel Lisa Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 18, 2014
Closed on
Mar 1, 2014
Sold by
Baker Melvin O and Baker Kelly M
Bought by
Schoedel Lisa Ann
Seller's Agent
Ralph Foster
Tripoint Financial Inc.
Buyer's Agent
Nicole Ashcraft
Century 21 Affiliated
List Price
$469,000
Sold Price
$469,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$460,505
Interest Rate
4.18%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 8, 2011
Closed on
Mar 15, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Baker Melvin O and Baker Kelly M
Seller's Agent
Melody O Driscoll
Realty Executives
Buyer's Agent
Melody O Driscoll
Realty Executives
List Price
$359,900
Sold Price
$267,300
Premium/Discount to List
-$92,600
-25.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.28%
Original Mortgage
$263,897
Interest Rate
3.83%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 2010
Sold by
Tewalt Parley D and Tewalt Eleanor S
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 10, 2008
Sold by
Tewalt Parley D
Bought by
Tewalt Parley D

Purchase Details

Closed on
Jul 5, 2002
Sold by
Levin Robert J
Bought by
Tewalt Parley D and Tewalt Eleanor S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 20, 1995
Sold by
Gordon Leasing Corp
Bought by
Levin Robert J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Tomaz Eric Michael $789,000 Corinthian Title Company
Ballis Morgan R -- Fidelity National Title
Ballis Morgan Richard $650,000 Wfg National Title Company
Schoedel Lisa Ann -- Corinthian Title Company
Schoedel Lisa Ann $469,000 Chicago Title Company
Baker Melvin O $267,500 Ticor Title
Federal Home Loan Mortgage Corporation $218,455 Accommodation
Tewalt Parley D -- None Available
Tewalt Parley D $349,000 Chicago Title
Levin Robert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tomaz Eric Michael $789,000
Previous Owner Ballis Morgan R $631,370
Previous Owner Ballis Morgan Richard $640,737
Previous Owner Schoedel Lisa Ann $504,000
Previous Owner Schoedel Lisa Ann $460,505
Previous Owner Baker Melvin O $263,897
Previous Owner Tewalt Parley D $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2020 10/20/20 Sold $789,000 -1.1% $389 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $798,000 +70.1% $394 / Sq Ft
03/25/2014 03/25/14 Sold $469,000 0.0% $255 / Sq Ft View Prior Sale
02/27/2014 02/27/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $469,000 +75.5% $255 / Sq Ft
03/20/2012 03/20/12 Sold $267,300 -25.7% $145 / Sq Ft View Prior Sale
02/19/2012 02/19/12 Pending -- -- --
08/08/2011 08/08/11 For Sale $359,900 -- $196 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,932 $854,037 $421,065 $432,972
2024 $7,932 $837,292 $412,809 $424,483
2023 $7,821 $820,875 $404,715 $416,160
2022 $7,832 $804,780 $396,780 $408,000
2021 $7,647 $789,000 $389,000 $400,000
2020 $6,556 $676,260 $312,120 $364,140
2019 $7,846 $663,000 $306,000 $357,000
2018 $7,674 $650,000 $300,000 $350,000
2017 $6,088 $495,375 $185,326 $310,049
2016 $5,975 $485,663 $181,693 $303,970
2015 $5,893 $478,369 $178,964 $299,405
2014 $3,623 $273,883 $102,463 $171,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW20164459

California Regional Multiple Listing Service (CRMLS)

APN: 109-351-10