NOT LISTED FOR SALE

6572 Rainbow Heights Rd Fallbrook, CA 92028

Estimated Value: $1,050,675 - $1,142,000

4 Beds
2.5 Baths
2,740 Sq Ft
$398/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $970,000 $354 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,177/month

65 Days on Market

Highlights

  • Coastline Views
  • Community Lake
  • Secluded Lot
  • 11.23 Acre Lot
  • Fireplace in Primary Bedroom
  • Main Floor Primary Bedroom

About This Home

As of January 2022

You won't want to miss this slice of heaven! Located on 11.5 acres of low maintenance land this SINGLE STORY 3BR + 1 Optional 2.5 BA property offers the most peaceful setting with INCREDIBLE SUNSETS and OCEAN VIEWS from its multiple patios and huge view deck offering built-in bench seating all around. Open and spacious floorplan with endless amounts of natural light! This property is 100% electric with FULLY OWNED SOLAR, you know what that means... LOW UTILITY BILLS! There is a seasonal pond 2/3rds on the property and a 14X14 shed with a skylight, electricity, and matching exterior to the home. Don't miss out on this gem, schedule your showing today! Please provide 24hr notice for showing requests.

Last Agent to Sell the Property

Mike Chiesl

Sentry Residential Inc. License #01783300 Listed on: 10/01/2021

Sentry Residential Inc.

Co-Listed By

Bonnie Summers

First Principles RE License #01015962

Last Buyer's Agent

Randall Jaffe

U-Click Realty Inc. License #02041782

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • 11.23 Acre Lot
  • Landscaped
  • Secluded Lot
  • Garden
  • Front Yard
  • Density is 11-15 Units/Acre
  • Property is zoned Single Family Residential

Parking

  • 4 Car Attached Garage

Property Views

  • Coastline
  • Mountain

Interior Spaces

  • 2,740 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom

Utilities

  • Central Air
  • Conventional Septic

Community Details

  • No Home Owners Association
  • Community Lake
  • Mountainous Community

Listing and Financial Details

  • Tax Tract Number 93021
  • Assessor Parcel Number 1092342400

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: Single Family Residential
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1092342400
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2740.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: One
  • Price Per Square Foot: 354.01
  • Room Type: Entry, Family Room, Foyer, Kitchen, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom

Exterior Features

  • View: Coastline, Mountain(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: No
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Mountainous, Lake

Lot Info

  • Land Lease: No
  • Lot Features: 11-15 Units/Acre, Front Yard, Garden, Landscaped, Secluded
  • Lot Size Sq Ft: 489178.80
  • Lot Size Acres: 11.2300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11.2300 Acres

Tax Info

  • Tax Tract Number: 93021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2022
Sold by
Wang Xiaoqian and Wang Xiaoxia
Bought by
Wang/Zhang Living Trust and Wang
Current Estimated Value
$1,089,169

Purchase Details

Listed on
Oct 1, 2021
Closed on
Dec 13, 2021
Sold by
Gisela G Holladay 1997 Trust
Bought by
Wang Xiaoqian and Zhang Xiaoxia
Seller's Agent
Mike Chiesl
Sentry Residential Inc.
Buyer's Agent
Randall Jaffe
U-Click Realty Inc.
List Price
$999,900
Sold Price
$970,000
Premium/Discount to List
-$29,900
-2.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.99%
Original Mortgage
$582,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 1997
Sold by
Holladay Gisela G
Bought by
Holladay Gisela G

Purchase Details

Closed on
Apr 28, 1993
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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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
Wang/Zhang Living Trust -- Li Jingxin
Wang Xiaoqian $970,000 Ticor Title
Holladay Gisela G -- --
-- $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Xiaoqian $582,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2022 01/21/22 Sold $970,000 -3.0% $354 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $999,900 0.0% $365 / Sq Ft
11/07/2021 11/07/21 Pending -- -- --
10/22/2021 10/22/21 Price Changed $999,900 -16.7% $365 / Sq Ft
09/20/2021 09/20/21 For Sale $1,200,000 -- $438 / 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 $5,657 $509,996 $305,488 $204,508
2024 $5,657 $499,998 $299,499 $200,499
2023 $5,531 $490,195 $293,627 $196,568
2022 $1,543 $115,685 $69,282 $46,403
2021 $1,511 $113,418 $67,924 $45,494
2020 $1,513 $112,256 $67,228 $45,028
2019 $1,482 $110,056 $65,910 $44,146
2018 $1,453 $107,899 $64,618 $43,281
2017 $930 $105,784 $63,351 $42,433
2016 $1,404 $103,710 $62,109 $41,601
2015 $1,386 $102,154 $61,177 $40,977
2014 $1,363 $100,154 $59,979 $40,175
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mike Chiesl

    Sentry Residential Inc.

    Section Image
  • Bonnie Summers

    Seller Co-Listing Agent in 2022

    Bonnie Summers

    First Principles RE

    (760) 637-9918

    21 Total Sales

    Bonnie Summers
    Section Image

  • R

    Buyer's Agent in 2022

    Randall Jaffe

    U-Click Realty Inc.

    (626) 226-5133

    16 Total Sales

    Randall Jaffe
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2111314

California Regional Multiple Listing Service (CRMLS)

APN: 109-234-24

California San Diego County Fallbrook 92028

6572 Rainbow Heights Rd, Fallbrook, CA

Not Listed for Sale

Detached

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