NOT LISTED FOR SALE

721 Rainbow Crest Rd Fallbrook, CA 92028

Estimated Value: $747,000 - $959,000

4 Beds
2 Baths
1,836 Sq Ft
$461/Sq Ft Est. Value

Last Sold October 24, 2023

Last sale price $691,000 $376 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,402/month

39 Days on Market

Highlights

  • Detached Guest House
  • Bluff on Lot
  • Property Near a Canyon
  • 9.1 Acre Lot
  • Atrium Room
  • Fireplace

About This Home

As of October 2023

Come home to this amazing hilltop private paradise, nestled amoung the beautiful forest surrounded by nature on it’s own 9.1 acres. This is the perfect home for privacy, yet still close to town, shops, the freeway and so much nature. When it's time to unwind in your amazingly bright and airy open floor plan new home, you'll feel right at home relaxing in the oversized family room next to the fireplace staring out over the picturesque valley and mountains. The master bedroom has it’s own access to the patio and backyard with an attached master bath. The huge, enclosed patio is a year round bonus great for the hot summers and the cool winters with endless amazing mountain views. Step outside and you’re surrounded by the tranquil and surreal natural setting, perfect for family, kids or pets in your huge back yard and 9.1 acres. With over 9.1 acres this yard has so much potential to create your own private paradise by redesigning the detached unit into a great family getaway, Vacation rental or guest quarters. All your guests will the privacy and nature setting of this cute little ADU. This home is a must see and just needs a little TLC with so much more potential inside and out. Lastly, for the nature lovers there tons of walking and hiking trails right out the backdoor. Make this property your very own private nature resort oasis. This home is perfect for families downsizing or upsizing. This beautiful home in an amazing area won’t last! Get it before it’s gone!

Last Agent to Sell the Property

Dennis Dailey

Cal Mutual Inc. License #01484412 Listed on: 07/06/2023

Last Buyer's Agent

Alexandrine Lyons

Pacific Home Brokers License #02176773

Pacific Home Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,837

Year Built

  • Built in 1977

Lot Details

  • 9.1 Acre Lot
  • Property Near a Canyon
  • Gated Home
  • Partially Fenced Property
  • Chain Link Fence
  • Bluff on Lot
  • Steep Slope
  • Property is zoned AGRICULTUR

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,836 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Fireplace
  • Dining Area
  • Atrium Room
  • Laundry in Garage

Kitchen

  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Homes

  • Detached Guest House
  • 350 SF Accessory Dwelling Unit
  • Number of ADU Units: 1
  • ADU built in 1977
  • Entrance to ADU on street level
  • ADU includes parking

Utilities

  • Well
  • Septic System

Community Details

  • Mountainous Community

Listing and Financial Details

  • Assessor Parcel Number 110-270-11-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,837

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: North County
  • Cross Street: Rainbow Crest
  • Neighborhood: Rainbow
  • LP / Sq Ft: 375.82
  • Price Per Sq Ft: 376.36
  • SP/ Sq Ft: 376.36
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1977
  • A D U Access Type1: See Remarks
  • A D U Building Type1: Detached
  • A D U Kitchen Features1: See Remarks
  • A D U Main Entry Floor1: Ground
  • A D U Meter1: Main
  • A D U Occupied1: No
  • A D U Parking Y N1: Yes
  • A D U S Q F T1: 350.0
  • A D U Sq Ft Source1: Other
  • A D U Type1: Junior ADU
  • A D U Year Built1: 1977
  • A D U Year Built Source1: Assessor
  • A D U Yes No: Yes
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Number Of A D U Units: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Built In Range, Built-In
  • Searchable Rooms: Dining Area, Atrium
  • Total Bedrooms: 4
  • Bedrooms: 4
  • Master Bedroom Dimensions: 10x20
  • Full Bathrooms: 2
  • Laundry Location: Garage
  • Estimated Sq Ft: 1836
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Wood
  • Fencing: Gate, Partial, Chain Link
  • Roof: Shingle

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Non Garage Parking: Driveway - Asphalt, Driveway - Concrete
  • Garage Spaces: 6
  • Parking Spaces Total: 8

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric
  • Sewer/Septic: Septic Installed
  • Water: Public, Well
  • Heating: Fireplace, Forced Air Unit

Condo/Co-op/Association

  • Community: FALLBROOK

Lot Info

  • Lot Size: 4+ to 10 AC
  • Topography: Bluff/Canyon Rim, Canyon/Valley, Mountainous, Rolling, Slope Gentle, Slope Steep
  • Zoning: AGRICULTUR
  • Assessor Parcel Number: 110-270-11-00
  • Estimated Lot Sq Ft: 396396
  • Estimated Number of Acres: 9.1
  • Map Code Column: C
  • Map Code Page: 1029
  • Map Code Row: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2023
Sold by
Orloff Yellena and Orloff-Bradley Ludmilla Feoktistovna
Bought by
Joseph J & Sheila M Burnsworth Trust and Burnsworth
Current Estimated Value
$859,908

Purchase Details

Closed on
Jun 25, 2001
Sold by
Whipple Russell E
Bought by
Bradley Ludmilla O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
7.14%

Purchase Details

Closed on
May 25, 1995
Sold by
Whipple Russell E
Bought by
Whipple Russell E
Source: Public Records

Range of Values:

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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
Joseph J & Sheila M Burnsworth Trust $691,000 Chicago Title
Bradley Ludmilla O $358,000 First American Title
Whipple Russell E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burnsworth Joseph J $100,000
Previous Owner Bradley Ludmilla O $245,000
Previous Owner Bradley Ludmilla O $235,000
Previous Owner Bradley Ludmilla O $201,800
Previous Owner Bradley Ludmilla O $205,000
Previous Owner Bradley Ludmilla O $166,600
Previous Owner Bradley Ludmilla O $166,500
Previous Owner Bradley Ludmilla O $144,750
Previous Owner Bradley Ludmilla O $143,200
Previous Owner Whipple Russell E $110,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2023 10/24/23 Sold $691,000 +0.1% $376 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
07/24/2023 07/24/23 For Sale $690,000 0.0% $376 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $690,000 -- $376 / Sq Ft
Source: San Diego MLS

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 $7,837 $704,820 $530,400 $174,420
2024 $7,837 $691,000 $520,000 $171,000
2023 $2,002 $147,141 $97,870 $49,271
2022 $1,984 $144,256 $95,951 $48,305
2021 $1,945 $141,428 $94,070 $47,358
2020 $1,947 $139,979 $93,106 $46,873
2019 $1,909 $137,235 $91,281 $45,954
2018 $1,873 $134,545 $89,492 $45,053
2017 $1,843 $131,908 $87,738 $44,170
2016 $1,812 $129,322 $86,018 $43,304
2015 $1,790 $127,380 $84,726 $42,654
2014 $1,761 $124,886 $83,067 $41,819
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230012896

San Diego MLS

APN: 110-270-11