NOT LISTED FOR SALE

6767 Rainbow Heights Rd Fallbrook, CA 92028

Estimated Value: $1,234,252 - $1,406,000

4 Beds
3 Baths
3,019 Sq Ft
$431/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $806,747 $267 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $7,924/month

95 Days on Market

Highlights

  • Guest House
  • Gated Parking
  • Maid or Guest Quarters
  • In Ground Spa
  • Panoramic View
  • Fireplace in Primary Bedroom

About This Home

As of October 2017

Indoor-outdoor living at its finest! From this top of the world custom home, you'll enjoy spectacular and ever changing views from the main house and guest house throughout the seasons; including sunrise and sunset, moon rise and set, and breathtaking stargazing on a crystal clear night. This home is extremely private, quiet and peaceful with being one of only two homes at the end of a private driveway. Imagine yourself being secluded from all the hustle and bustle, yet minutes to the freeway. Neighborhoods: Rainbow Equipment: Garage Door Opener,Pool/Spa/Equipment, Range/Oven, Shed(s) Other Fees: 0 Sewer: Septic Installed Topography: LL,RSLP

Last Agent to Sell the Property

Kim Carlson

Pueblo Bonito License #00968586 Listed on: 06/12/2017

Pueblo Bonito

Co-Listed By

Ken Follis

Compass License #00799622

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 4.19 Acre Lot
  • Partially Fenced Property
  • Property is zoned R-1:SINGLE

Parking

  • 6 Open Parking Spaces
  • 4 Car Garage
  • Parking Available
  • Driveway
  • Gated Parking

Property Views

  • Panoramic
  • Orchard Views
  • Mountain

Home Design

  • Concrete Roof
  • Stucco

Interior Spaces

  • 3,019 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Propane Dryer Hookup

Pool

  • In Ground Spa
  • Heated Pool

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed
  • Outbuilding

Additional Homes

  • Guest House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1092330600

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Rainbow
  • View: Yes
  • Zoning: R-1:SINGLE
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1092330600
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3019.00
  • Interior Amenities: Cathedral Ceiling(s)
  • Stories: 1
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: One
  • Price Per Square Foot: 267.22
  • Room Type: Main Floor Bedroom, Great Room, Guest/Maid's Quarters, Retreat, Main Floor Master Bedroom, Office
  • Spa Features: In Ground

Exterior Features

  • Patio: Yes
  • Other Structures: Outbuilding, Shed(s), Guest House
  • View: Mountain(s), Panoramic, Orchard
  • Fence: Yes
  • Fencing: Partial
  • Patio And Porch Features: Covered, Deck, Slab
  • Pool Features: Heated
  • Pool Private: No
  • Roof: Concrete
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Gated, Driveway
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Propane Water Heater, Dishwasher, Disposal, Microwave
  • Heating Type: Propane, Forced Air
  • Laundry Features: Electric Dryer Hookup, Propane Dryer Hookup, Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 182516.00
  • Lot Size Acres: 4.1900

Multi Family

  • Lot Size Area: 182516.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2017
Closed on
Sep 19, 2017
Sold by
Sundaram Lakshmi
Bought by
Miller Benjamin S and Miller Jeanelle M
Seller's Agent
Kim Carlson
Pueblo Bonito
List Price
$868,747
Sold Price
$806,747
Premium/Discount to List
-$62,000
-7.14%
Current Estimated Value
$1,356,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,617
Avg. Annual Appreciation
6.02%
Original Mortgage
$758,297
Outstanding Balance
$631,179
Interest Rate
3.78%
Mortgage Type
VA
Estimated Equity
$669,634

Purchase Details

Closed on
Dec 18, 2015
Sold by
Sundaram Lakshmi
Bought by
Sundaram Lakshmi

Purchase Details

Listed on
Apr 17, 2015
Closed on
May 28, 2015
Sold by
Pearce Marilyn
Bought by
Ram Sundaram Trust
Seller's Agent
Chris Murphy
Epic Realty Group, Inc
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$756,750
Sold Price
$756,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%

Purchase Details

Closed on
Dec 14, 1995
Sold by
Pearce Richard G and Pearce Marilyn Joy
Bought by
Pearce Richard and Pearce Marilyn

Purchase Details

Closed on
Oct 1, 1991

Purchase Details

Closed on
Aug 1, 1986
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
Miller Benjamin S $807,000 Ticor Title San Diego
Sundaram Lakshmi -- None Available
Sundaram Lakshmi -- None Available
Sundaram Ram -- None Available
Ram Sundaram Trust $725,000 Ticor Title San Diego Branch
Pearce Richard -- --
-- $320,000 --
-- $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Benjamin S $758,297
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2017 10/27/17 Sold $806,747 -7.1% $267 / Sq Ft
09/15/2017 09/15/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $868,747 +14.8% $288 / Sq Ft
06/23/2015 06/23/15 Sold $756,750 0.0% $231 / Sq Ft View Prior Sale
05/23/2015 05/23/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $756,750 -- $231 / 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 $9,801 $917,932 $327,617 $590,315
2024 $9,801 $899,935 $321,194 $578,741
2023 $9,575 $882,291 $314,897 $567,394
2022 $9,475 $864,992 $308,723 $556,269
2021 $9,237 $848,032 $302,670 $545,362
2020 $9,256 $839,337 $299,567 $539,770
2019 $9,023 $822,881 $293,694 $529,187
2018 $8,808 $806,747 $287,936 $518,811
2017 $8,121 $750,777 $267,960 $482,817
2016 $8,027 $736,056 $262,706 $473,350
2015 $4,480 $412,226 $147,128 $265,098
2014 $4,384 $404,152 $144,246 $259,906
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 170035318

California Regional Multiple Listing Service (CRMLS)

APN: 109-233-06