NOT LISTED FOR SALE

6497 Rainbow Heights Rd Fallbrook, CA 92028

Estimated Value: $402,000 - $593,000

2 Beds
2 Baths
1,599 Sq Ft
$311/Sq Ft Est. Value

Last Sold July 11, 2016

Last sale price $518,000 $324 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,672/month

16 Days on Market

Highlights

  • Ocean View
  • Slab Porch or Patio
  • Formal Entry
  • Cooling Available
  • Laundry Room
  • Dining Room

About This Home

As of July 2016

You will be amazed by the forever views and sense of peace and solitude this property provides. Beautifully outfitted single level mid-century home offers all the upgrades and modern conveniences you will love. Gorgeous grounds that give you that indoor / outdoor living you have been craving. Artfully designed home that takes advantage of it's amazing setting to provide you with the lifestyle you have been waiting for. This one must be seen in person to be truly appreciated. Neighborhoods: Rainbow Equipment: Dryer, Range/Oven, Washer, Water Filtration Other Fees: 0 Sewer: Septic Installed Topography: LL

Last Agent to Sell the Property

Tamara Kapa

First Team Real Estate License #01441919 Listed on: 06/11/2016

First Team Real Estate

Last Buyer's Agent

Out of Area Agent

Out of Area Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 3 Acre Lot
  • Partially Fenced Property
  • Drip System Landscaping
  • Sprinkler System

Property Views

  • Ocean
  • Panoramic
  • Mountain

Home Design

  • Rolled or Hot Mop Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,599 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Parking Available
  • Driveway

Outdoor Features

  • Slab Porch or Patio

Utilities

  • Cooling Available
  • Pellet Stove burns compressed wood to generate heat
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1092502500

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Rainbow
  • View: Yes
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1092502500
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1599.00
  • Stories: 1
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 323.95
  • Room Type: Main Floor Bedroom, Formal Entry, Main Floor Master Bedroom

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Ocean, Panoramic
  • Fence: Yes
  • Fencing: Partial
  • Patio And Porch Features: Slab
  • Pool Private: No
  • Roof: Rolled/Hot Mop
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Water Heater, Dishwasher, Disposal, Microwave, Refrigerator
  • Heating Type: Pellet Stove
  • Laundry Features: Electric Dryer Hookup, Individual Room
  • Cooling: Yes

Lot Info

  • Lot Features: Sprinklers Drip System, Sprinkler System
  • Lot Size Sq Ft: 130680.00

Multi Family

  • Lot Size Area: 130680.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2021
Sold by
Eastman William M and Eastman Patricia L
Bought by
Eastman William M and Eastman Patricia L
Current Estimated Value
$688,000

Purchase Details

Listed on
Jun 11, 2016
Closed on
Jun 29, 2016
Sold by
Chejoka Nart
Bought by
Eastman William and Eastman Patricia
Seller's Agent
Tamara Kapa
First Team Real Estate
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$518,000
Sold Price
$518,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.43%

Purchase Details

Listed on
Jun 11, 2016
Closed on
May 31, 2016
Sold by
Chejoka Daniel
Bought by
Cheioka Narth
Seller's Agent
Tamara Kapa
First Team Real Estate
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$518,000
Sold Price
$518,000

Purchase Details

Closed on
Mar 16, 2015
Sold by
Cherniack Reuben Mitchell
Bought by
Cheioka Danial and Chejoka Nart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2014
Sold by
Cerniack Reuben
Bought by
Reuben Mitchell Cherniack Trust

Purchase Details

Closed on
Aug 31, 2009
Sold by
Kipnis Sue
Bought by
Cherniack Reuben M and Cherniack Edith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.19%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 2, 2008
Sold by
Us Bank Na
Bought by
Kipnis Sue

Purchase Details

Closed on
Feb 5, 2008
Sold by
Coffman Ben
Bought by
Us Bank Na

Purchase Details

Closed on
Jul 27, 2005
Sold by
Crown Marvin George and Crown Betty Jane
Bought by
Coffman Ben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
6.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 12, 1999
Sold by
Rogers Alfred R and Rogers Shirley J
Bought by
Crown Marvin George and Crown Betty Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.47%

Purchase Details

Closed on
Feb 6, 1990
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
Eastman William M -- None Available
Eastman William M -- None Available
Eastman William $518,000 Title 365
Cheioka Narth -- None Available
Cheioka Danial $485,000 Ticor Title
Reuben Mitchell Cherniack Trust -- None Available
Cherniack Reuben M $400,000 Lawyers Title Insurance Co
Kipnis Sue $380,000 California Title Company
Us Bank Na $345,000 Accommodation
Coffman Ben $565,000 Advantage Title Inc
Crown Marvin George $192,000 First American Title
-- $187,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheioka Danial $363,750
Previous Owner Cherniack Reuben M $296,000
Previous Owner Coffman Ben $464,000
Previous Owner Crown Marvin George $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2016 07/11/16 Sold $518,000 0.0% $324 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
06/11/2016 06/11/16 For Sale $518,000 +6.8% $324 / Sq Ft
05/19/2015 05/19/15 Sold $485,000 -2.8% $303 / Sq Ft View Prior Sale
03/13/2015 03/13/15 Pending -- -- --
10/02/2014 10/02/14 Price Changed $499,000 -3.9% $312 / Sq Ft
09/02/2014 09/02/14 For Sale $519,000 -- $325 / 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 $801 $69,632 $69,632 --
2024 $801 $68,267 $68,267 --
2023 $783 $66,929 $66,929 $0
2022 $776 $65,617 $65,617 $0
2021 $758 $64,331 $64,331 $0
2020 $759 $63,672 $63,672 $0
2019 $741 $62,424 $62,424 $0
2018 $725 $61,200 $61,200 $0
2017 $930 $60,000 $60,000 $0
2016 $666 $55,838 $55,838 $0
2015 $643 $53,698 $53,698 $0
2014 -- $52,647 $52,647 $0
Source: Public Records

Agents Affiliated with this Home

  • Tamara Kapa

    Seller's Agent in 2016

    Tamara Kapa

    First Team Real Estate

    (760) 415-1244

    137 Total Sales

    Tamara Kapa
    Section Image

  • O

    Buyer's Agent in 2016

    Out of Area Agent

    Out of Area Office

  • L

    Seller's Agent in 2015

    Linda Whitaker

    Twin Cities Realty Experts

  • V

    Buyer's Agent in 2015

    Vanessa Ruelas

    Grace Realty & Homes

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 160032047

California Regional Multiple Listing Service (CRMLS)

APN: 109-250-25

California San Diego County Fallbrook 92028

6497 Rainbow Heights Rd, Fallbrook, CA

Not Listed for Sale

Detached

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