NOT LISTED FOR SALE

6589 Rainbow Heights Rd Fallbrook, CA 92028

Estimated Value: $1,327,957 - $1,715,000

3 Beds
4 Baths
3,293 Sq Ft
$466/Sq Ft Est. Value

Last Sold September 17, 2020

Last sale price $980,000 $298 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $9,006/month

164 Days on Market

Highlights

  • Horse Property
  • Solar Power System
  • 14.9 Acre Lot
  • Horse Property Unimproved
  • Panoramic View
  • Fireplace in Bathroom

About This Home

As of September 2020

Welcome home to your one level Santa Fe Style home in sought after Rainbow Heights area of Fallbrook. Inspiring views of distant mountains and the valley below from all social areas. Enjoy the soothing ocean breeze from the massive outdoor deck & your stress will become swept away. Top of the line appliances included in the large kitchen with breakfast area. Spacious master suite with romantic fireplace. Avocado grove and well for irrigation. 7 minutes to I-15, yet set a world apart. See this home today. [Supplement]: Prior to entering the property, all prospective buyers, agents, visitors, inspectors etc... are required to sign a current CAR Form PEAD. Submit sign PEAD(s) via email to listing agent PRIOR to arriving at the property. You will be required to use face coverings, wash or sanitize hands upon entry, maintain physical distancing, limit number of individuals in property, and avoid touching surfaces in the property.

Last Agent to Sell the Property

Ken Follis

Compass License #00799622 Listed on: 03/07/2020

Compass

Co-Listed By

Kim Carlson

Pueblo Bonito License #00968586

Last Buyer's Agent

Jon Cellitti

Rupert Taylor R.E.,Inc. License #00303770

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • 14.9 Acre Lot
  • Partially Fenced Property
  • Fence is in good condition
  • Landscaped
  • Steep Slope
  • Front and Back Yard Sprinklers
  • Property is zoned AGRICULTUR

Parking

  • 4 Car Direct Access Garage
  • 10 Open Parking Spaces
  • Attached Carport
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • Parking Lot

Property Views

  • Panoramic
  • Orchard Views
  • Mountain
  • Valley

Home Design

  • Turnkey
  • Flat Roof Shape
  • Fire Rated Drywall
  • Rolled or Hot Mop Roof
  • Elastomeric Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,293 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Features Blower Fan
  • Formal Entry
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Living Room Balcony
  • Home Office
  • Storage
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Electric Oven
  • Self-Cleaning Oven
  • Propane Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom Retreat
  • Walk-In Closet
  • Fireplace in Bathroom
  • Bathtub

Laundry

  • Laundry Room
  • Propane Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • Solar Power System
  • Solar Water Heater

Outdoor Features

  • No Permits for Pool
  • Horse Property
  • Covered Patio or Porch
  • Fire Pit
  • Shed
  • Outbuilding

Horse Facilities and Amenities

  • Horse Property Unimproved

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Vented Exhaust Fan
  • Underground Utilities
  • Well
  • Propane Water Heater
  • Water Purifier
  • Water Softener
  • Conventional Septic
  • Phone System
  • Satellite Dish
  • Cable TV Not Available

Listing and Financial Details

  • Assessor Parcel Number 1092331200

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire Rated Drywall, Fire Sprinkler System, Smoke Detector(s)
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Zoning: AGRICULTUR
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1092331200
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3293.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Granite Counters, High Ceilings, Living Room Balcony, Living Room Deck Attached, Pantry, Phone System, Recessed Lighting, Storage
  • Stories: 1
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Family Kitchen
  • Fireplace Features: Bath, Blower Fan, Fire Pit, Great Room, Kitchen, Master Retreat
  • Levels: One
  • Price Per Square Foot: 297.60
  • Room Type: All Bedrooms Down, Basement, Den, Entry, Formal Entry, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Office, Retreat, Walk-In Closet
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Foundation: Concrete Perimeter
  • Other Structures: Outbuilding, Shed(s)
  • Exterior Features: Satellite Dish
  • View: Mountain(s), Orchard, Panoramic, Valley
  • Fence: Yes
  • Fencing: Good Condition, Partial
  • Patio And Porch Features: Covered, Deck, Patio Open, Front Porch
  • Pool Features: No Permits
  • Pool Private: No
  • Roof: Elastomeric, Flat, Rolled/Hot Mop
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Attached Carport, Direct Garage Access, Driveway, Garage - Two Door, Garage Door Opener, Guest, On Site, Parking Space, Uncovered
  • Total Parking Spaces: 14.00
  • Uncovered Spaces: 10.00

Utilities

  • Utilities: Propane, Underground Utilities, Cable Not Available, Electricity Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Disposal, Microwave, Propane Range, Propane Cooktop, Propane Water Heater, Recirculated Exhaust Fan, Refrigerator, Self Cleaning Oven, Solar Hot Water, Vented Exhaust Fan, Water Purifier, Water Softener
  • Heating Type: Forced Air, Propane, Zoned
  • Laundry Features: Electric Dryer Hookup, Individual Room, Propane Dryer Hookup
  • Sewer: Conventional Septic
  • Water Source: Well
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Green Features

  • Green Power: Solar

Lot Info

  • Land Lease: No
  • Lot Features: Gentle Sloping, Horse Property, Horse Property Unimproved, Landscaped, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Manual, Sprinklers Timer, Steep Slope
  • Lot Size Sq Ft: 649044.00
  • Lot Size Acres: 14.9000

Multi Family

  • Lot Size Area: 649044.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2023
Sold by
Malubay Nathan and Rennebohm Rena
Bought by
Malubay Living Trust and Rennebohm Living Trust
Current Estimated Value
$1,533,739

Purchase Details

Listed on
Mar 7, 2020
Closed on
Aug 20, 2020
Sold by
Schiavello Leo J and Schiavello Christina C
Bought by
Malubay Nathan and Rennebohm Rena
Seller's Agent
Ken Follis
Compass
Buyer's Agent
Jon Cellitti
Rupert Taylor R.E.,Inc.
List Price
$1,098,747
Sold Price
$980,000
Premium/Discount to List
-$118,747
-10.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%
Original Mortgage
$701,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 11, 2017
Closed on
Oct 11, 2017
Sold by
Davis Donald L and Davis Lynn C
Bought by
Schiavello Leo J and Schiavello Christina C
Seller's Agent
Bryce Gharring
Coldwell Banker Realty
List Price
$1,099,900
Sold Price
$1,099,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.00%
Original Mortgage
$300,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2007
Sold by
Davis Donald L and Davis Lynn C
Bought by
Davis Donald L and Davis Lynn C

Purchase Details

Closed on
Apr 30, 2003
Sold by
Diaz Angel and Diaz Patricia C
Bought by
Davis Donald L and Davis Lynn C
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
Malubay Living Trust -- None Listed On Document
Malubay Nathan $980,000 Ticor Title San Diego
Schiavello Leo J $1,100,000 Ticor Title
Davis Donald L -- None Available
Davis Donald L $430,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malubay Nathan $701,000
Previous Owner Schiavello Leo J $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2020 09/17/20 Sold $980,000 -10.8% $298 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
03/07/2020 03/07/20 For Sale $1,098,747 -0.1% $334 / Sq Ft
11/20/2017 11/20/17 Sold $1,099,900 0.0% $334 / Sq Ft View Prior Sale
10/10/2017 10/10/17 Pending -- -- --
08/11/2017 08/11/17 For Sale $1,099,900 -- $334 / 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 $11,636 $1,060,782 $411,324 $649,458
2024 $11,636 $1,039,983 $403,259 $636,724
2023 $11,376 $999,600 $387,600 $612,000
2022 $11,261 $999,600 $387,600 $612,000
2021 $10,986 $980,000 $380,000 $600,000
2020 $12,823 $1,144,335 $416,160 $728,175
2019 $12,506 $1,121,898 $408,000 $713,898
2018 $12,215 $1,099,900 $400,000 $699,900
2017 $930 $792,306 $370,668 $421,638
2016 $8,807 $776,771 $363,400 $413,371
2015 $8,677 $765,104 $357,942 $407,162
2014 $8,497 $750,118 $350,931 $399,187
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200011729

California Regional Multiple Listing Service (CRMLS)

APN: 109-233-12