NOT LISTED FOR SALE

6754 Rainbow Heights Rd Fallbrook, CA 92028

Estimated Value: $1,078,000 - $1,381,000

3 Beds
3 Baths
2,669 Sq Ft
$439/Sq Ft Est. Value

Last Sold January 24, 2013

Last sale price $449,900 $169 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $6,752/month

50 Days on Market

Highlights

  • RV Garage
  • 10.38 Acre Lot
  • Breakfast Area or Nook
  • Panoramic View
  • Deck
  • Workshop

About This Home

As of January 2013

Incredible Value...over 10 acres, nice home and UNBELIEVABLE VIEWS!!! Home has been updated but still needs a little TLC. Large workshop/barn for all your toys. Possible pond. Income from private Protea grower pays all of water and the property taxes. From 10-30 additional acres with structures available, call agent for all the details!!!

Last Agent to Sell the Property

Rick Stephens

HomeSmart Realty West License #00691988 Listed on: 11/05/2012

HomeSmart Realty West

Co-Listed By

Tim Rosa

Tim Rosa Realty License #00616815

Last Buyer's Agent

William Rowling

Rowling Real Estate License #00800477

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,107

Year Built

  • Built in 1984

Lot Details

  • 10.38 Acre Lot
  • Level Lot
  • Irregular Lot

Parking

  • 8 Car Attached Garage
  • 20 Open Parking Spaces
  • Carport
  • Parking Available
  • RV Garage

Property Views

  • Panoramic
  • Mountain

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 2,669 Sq Ft Home
  • 1-Story Property
  • Workshop
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Air Source Heat Pump

Listing and Financial Details

  • Assessor Parcel Number 1092320400

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,107

Year Built

Built in 1984

Lot Details

0

Parking

8

Listing Details

  • Property Attached: No
  • Subdivision Name Other: FALLBROOK
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1092320400
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Living Area: 2669.00 Square Feet
  • Stories: 1
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook
  • Levels: One
  • Price Per Square Foot: 168.57
  • Room Type: Main Floor Bedroom, Main Floor Master Bedroom, Workshop

Exterior Features

  • Patio: Yes
  • Other Structures: Outbuilding
  • View: Mountain(s), Panoramic
  • Fence: No
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Tile
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Attached Carport, Detached Carport, RV Covered, RV Garage, Uncovered
  • Total Parking Spaces: 28.00
  • Uncovered Spaces: 20.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Electric, Forced Air
  • Laundry Features: Electric Dryer Hookup, Individual Room
  • Cooling: Heat Pump
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: Fallbrook Union Elementary

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Gentle Sloping, Irregular Lot, Level, Steep Slope
  • Lot Size Sq Ft: 452152.80
  • Lot Size Acres: 10.3800

Multi Family

  • Lot Size Area: 10.3800 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2012
Closed on
Jan 4, 2013
Sold by
Edmonds Vernon W
Bought by
Schwinge Gene and Mccrary Julie
Seller's Agent
Rick Stephens
HomeSmart Realty West
Buyer's Agent
William Rowling
Rowling Real Estate
List Price
$449,999
Sold Price
$449,900
Premium/Discount to List
-$99
-0.02%
Current Estimated Value
$1,171,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$721,942
Avg. Annual Appreciation
7.33%
Original Mortgage
$174,900
Interest Rate
3.28%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 6, 2010
Sold by
Elmore Dennis A
Bought by
Edmonds Vernon W

Purchase Details

Closed on
Oct 29, 2010
Sold by
Elmore Jonni
Bought by
Elmore Dennis

Purchase Details

Closed on
May 20, 2010
Sold by
Miller Wesley
Bought by
Elmore Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.33%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 25, 2004
Sold by
Edmonds Vernon W
Bought by
Miller Wesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
6.5%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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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
Schwinge Gene $450,000 Stewart Title
Edmonds Vernon W -- None Available
Elmore Dennis -- Fidelity National Title
Elmore Dennis $360,000 Fidelity National Title
Miller Wesley $850,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwinge Gene $300,000
Closed Schwinge Gene $174,900
Previous Owner Elmore Dennis $200,000
Previous Owner Miller Wesley $680,000
Previous Owner Edmonds Vernon W $35,000
Closed Miller Wesley $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2013 01/24/13 Sold $449,900 0.0% $169 / Sq Ft
12/25/2012 12/25/12 Pending -- -- --
11/05/2012 11/05/12 For Sale $449,999 -- $169 / 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 $6,107 $554,008 $215,444 $338,564
2024 $6,107 $543,146 $211,220 $331,926
2023 $6,030 $532,497 $207,079 $325,418
2022 $5,970 $522,057 $203,019 $319,038
2021 $5,826 $511,822 $199,039 $312,783
2020 $5,838 $506,575 $196,999 $309,576
2019 $5,697 $496,643 $193,137 $303,506
2018 $5,568 $486,905 $189,350 $297,555
2017 $5,463 $477,359 $185,638 $291,721
2016 $5,354 $468,000 $181,999 $286,001
2015 $5,276 $460,971 $179,266 $281,705
2014 $5,167 $451,942 $175,755 $276,187
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 120055396

California Regional Multiple Listing Service (CRMLS)

APN: 109-232-04