NOT LISTED FOR SALE

6489 Rainbow Heights Rd Fallbrook, CA 92028

Estimated Value: $1,064,000 - $1,297,000

3 Beds
3.5 Baths
2,415 Sq Ft
$487/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $980,000 $406 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $7,075/month

55 Days on Market

Highlights

  • Solar Power System
  • Sun or Florida Room
  • 2 Car Garage
  • Two Primary Bedrooms
  • Formal Dining Room
  • Walk-In Closet

About This Home

As of January 2022

Nestled atop the mountains & peacefully tucked away, you will love the freedom of country living on this gorgeous 2.5+ acre fully enclosed property. Its rustic charm is highlighted by mature oak trees, flowering greenery + large boulders; the possibilities are endless for your toys, projects or to let your animals sprawl. The owners have spent roughly $120K in recent upgrades including new laminate wood flooring, crown molding, shutters, beautifully modernized bathrooms, new HVAC (+ ducting, air handler, heat pump), new water heater, PAID solar & a partially new roof. Offset your mortgage with rental income from the separate detached casita which features a full bath, kitchen and living room in addition to the 2 master suites offered in the main house. There are several storage areas, including a separate detached 2 car garage in addition to the 2 car garage offered at the main house. Only 10 mins to the freeways that connect you to conveniences of North County and nearby Temecula. Country road, take me home! 2 master suites offered in the main house + casita. Only 10 mins to the freeways that connect you to conveniences of North County and nearby Temecula. Country road, take me home! There are several storage areas, including a separate detached 2 car garage in addition to the 2 car garage offered at the main house. Only 10 mins to the freeways that connect you to conveniences of North County and nearby Temecula. Country road, take me home!

Last Agent to Sell the Property

Nicole Mendoza

First Team Real Estate License #01919254 Listed on: 10/30/2021

First Team Real Estate

Co-Listed By

Michael Solis

Keller Williams San Diego Metro License #01897620

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • 2.55 Acre Lot
  • Property is Fully Fenced
  • Lot Has A Rolling Slope
  • Property is zoned AGRICULTUR

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Clay Roof
  • Wood Siding

Interior Spaces

  • 2,415 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Separate Family Room
  • Living Room
  • Formal Dining Room
  • Sun or Florida Room

Kitchen

  • Propane Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Power System

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Separate Water Meter
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 109-250-48-00

Home Details

Home Type

Single Family

Year Built

Built in 1983

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 Heights
  • Supplement: 2 master suites offered in the main house + casita. Only 10 mins to the freeways that connect you to conveniences of North County and nearby Temecula. Country road, take me home! There are several storage areas, including a separate detached 2 car garage in addition to the 2 car garage offered at the main house. Only 10 mins to the freeways that connect you to conveniences of North County and nearby Temecula. Country road, take me home!
  • LP / Sq Ft: 351.97
  • Price Per Sq Ft: 405.8
  • SP/ Sq Ft: 405.8
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 1983
  • 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, Solar Panels, Washer, Propane Cooking
  • Searchable Rooms: Dining Room/Separate, Formal Entry, Master Bdrm 2, Sun Room, Kitchen, Living Room, Master Bedroom, Laundry, Master Bathroom, Separate Family Room, Walk-In Closet
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 14x13
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 2415
  • Total Bathrooms: 4

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full
  • Roof: Tile/Clay

Garage/Parking

  • Garage Details: Attached, Detached
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Parking Spaces Total: 5

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric, Propane
  • Sewer/Septic: Septic Installed
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Propane

Condo/Co-op/Association

  • Community: FALLBROOK

Lot Info

  • Lot Size: 2+ to 4 AC
  • Topography: Rolling
  • Zoning: AGRICULTUR
  • Assessor Parcel Number: 109-250-48-00
  • Estimated Lot Sq Ft: 111078
  • Estimated Number of Acres: 2.55
  • Map Code Column: B
  • Map Code Page: 999
  • Map Code Row: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2017
Sold by
Duong Teena Q
Bought by
Duong Teena Q and Elder Donald Ryan
Current Estimated Value
$1,174,999

Purchase Details

Closed on
Feb 25, 2016
Sold by
Elder Donald Ryan
Bought by
Duong Teena Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Outstanding Balance
$313,022
Interest Rate
3.92%
Mortgage Type
Commercial
Estimated Equity
$861,977

Purchase Details

Closed on
Feb 3, 2016
Sold by
Ward Henry
Bought by
Duong Teena Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Outstanding Balance
$313,022
Interest Rate
3.92%
Mortgage Type
Commercial
Estimated Equity
$861,977

Purchase Details

Closed on
Nov 26, 2011
Sold by
Ward Henry
Bought by
Ward Henry

Purchase Details

Closed on
Aug 14, 2000
Sold by
Schooling Paul R & Adeline Trs
Bought by
Ward Henry
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
Duong Teena Q -- None Available
Duong Teena Q -- Guardian Title Company
Duong Teena Q $490,000 Guardian Title Company
Ward Henry -- None Available
Ward Henry $376,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duong Teena Q $392,000
Closed Duong Teena Q $18,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2022 01/31/22 Sold $980,000 +15.3% $406 / Sq Ft
12/29/2021 12/29/21 Pending -- -- --
12/08/2021 12/08/21 For Sale $850,000 -13.3% $352 / Sq Ft
12/01/2021 12/01/21 Off Market $980,000 -- --
11/30/2021 11/30/21 Price Changed $850,000 0.0% $352 / Sq Ft
11/30/2021 11/30/21 For Sale $850,000 +9.7% $352 / Sq Ft
11/13/2021 11/13/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $775,000 -- $321 / 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 $11,031 $1,039,983 $424,483 $615,500
2024 $11,031 $1,019,592 $416,160 $603,432
2023 $10,775 $999,600 $408,000 $591,600
2022 $5,908 $546,599 $226,778 $319,821
2021 $5,758 $535,882 $222,332 $313,550
2020 $5,769 $530,388 $220,053 $310,335
2019 $5,622 $519,989 $215,739 $304,250
2018 $5,487 $509,794 $211,509 $298,285
2017 $5,377 $499,799 $207,362 $292,437
2016 $5,141 $478,597 $198,566 $280,031
2015 $5,061 $471,409 $195,584 $275,825
2014 $4,951 $462,175 $191,753 $270,422
Source: Public Records

Agents Affiliated with this Home

  • Nicole Mendoza

    Seller's Agent in 2022

    Nicole Mendoza

    First Team Real Estate

    (858) 245-1361

    36 Total Sales

    Nicole Mendoza
    Section Image
  • Michael Solis

    Seller Co-Listing Agent in 2022

    Michael Solis

    Keller Williams San Diego Metro

    (760) 889-9374

    182 Total Sales

    Michael Solis
    Section Image
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Map

Source: San Diego MLS

MLS Number: 210030182

San Diego MLS

APN: 109-250-48

California San Diego County Fallbrook 92028

6489 Rainbow Heights Rd, Fallbrook, CA

Not Listed for Sale

Detached

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