NOT LISTED FOR SALE

724 Rainbow Crest Rd Fallbrook, CA 92028

Estimated Value: $727,000 - $1,066,000

3 Beds
2 Baths
1,448 Sq Ft
$635/Sq Ft Est. Value

Last Sold July 06, 2015

Last sale price $399,000 $276 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $5,301/month

17 Days on Market

Highlights

  • Horse Property
  • RV Access or Parking
  • Updated Kitchen
  • Horse Property Unimproved
  • All Bedrooms Downstairs
  • Mountain View

About This Home

As of July 2015

Single story Santa Fe style home rests on two acres of flat useable land in Fallbrook. This 3 bedroom and 2 bath home was beautifully and lovingly renovated in 2007. Entering the home, you're wrapped in the warmth of upgraded dark wood style flooring that draws you into the living room/family room area. The custom kitchen with Island opens to both the living room, family room and eat-in kitchen area for effortless entertaining. The home is surrounded by succulents and drought tolerant landscaping. The double doors from the family room lead to the back patio with built in BBQ. From there you cast your gaze on the vast and flat land that can be used in a multitude of ways. A detached two car garage has electric, water and gas lines to accommodate an office, workout room or casita. It also has a one car garage attached to the home. All of this minutes away from town and from Freeways.

Last Agent to Sell the Property

Troy Sage

LPT Realty, Inc License #01512201 Listed on: 04/30/2015

LPT Realty, Inc

Last Buyer's Agent

Lucille Alves

C-21 Astro License #01845204

C-21 Astro

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 1.81 Acre Lot
  • Rural Setting
  • Split Rail Fence
  • Level Lot
  • Sprinklers Throughout Yard
  • Wooded Lot
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Driveway
  • RV Access or Parking
  • Unassigned Parking

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,448 Sq Ft Home
  • Recessed Lighting
  • Double Pane Windows
  • Awning
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Propane Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Ceramic Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Horse Property
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Overhead Utilities
  • Propane
  • Agricultural Well Water Source
  • Conventional Septic

Additional Features

  • Agricultural
  • Horse Property Unimproved

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Assessor Parcel Number 1102801000

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: Stove, Microwave, Disposal
  • Property Attached: No
  • View: Yes
  • Architectural Style: Mediterranean, Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1102801000
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1448.00
  • Interior Amenities: Ceramic Counters, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar, Breakfast Nook
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 275.55
  • Room Type: All Bedrooms Down, Entry, Family Room, Living Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Awning(s)
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Split Rail
  • Patio And Porch Features: Porch, Patio
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, RV Potential, RV Access/Parking, Unassigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Propane
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Range Hood, Microwave, Propane Range
  • Electric: Electricity - On Property
  • Heating Type: Central, Forced Air
  • Laundry Features: Inside
  • Sewer: Conventional Septic
  • Water Source: Agricultural Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural, Valley

Lot Info

  • Lot Features: Agricultural, Agricultural - Tree/Orchard, Agricultural - Vine/Vineyard, Back Yard, Front Yard, Horse Property, Horse Property Unimproved, Level, Lawn, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Treed Lot, Utilities - Overhead, Yard
  • Lot Size Sq Ft: 78844.00
  • Lot Size Acres: 1.8100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 78844.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2021
Sold by
Johnson Cole Austin and Johnson Megan Elizabeth
Bought by
Johnson Family Living Trust and Johnson
Current Estimated Value
$919,729

Purchase Details

Listed on
Apr 30, 2015
Closed on
May 19, 2015
Sold by
Lopez Rojas Rosa Maria
Bought by
Johnson Cole Austin and Johnson Megan Elizabeth Lambrix
Seller's Agent
Troy Sage
LPT Realty, Inc
Buyer's Agent
Lucille Alves
C-21 Astro
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%
Original Mortgage
$407,578
Interest Rate
3.81%
Mortgage Type
VA

Purchase Details

Closed on
Feb 1, 2005
Sold by
Rojas Antonio
Bought by
Lopez Rojas Rosa Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 13, 2004
Sold by
United States Of America
Bought by
Lopez Rojas Rosa Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 15, 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
Johnson Family Living Trust -- None Listed On Document
Johnson Cole Austin $399,000 First American Title Company
Lopez Rojas Rosa Maria -- North American Title Co
Lopez Rojas Rosa Maria $380,000 North American Title Co
-- $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Cole Austin $407,578
Previous Owner Lopez Rojas Rosa Maria $304,000
Closed Lopez Rojas Rosa Maria $38,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2015 07/06/15 Sold $399,000 0.0% $276 / Sq Ft
05/17/2015 05/17/15 Pending -- -- --
04/30/2015 04/30/15 For Sale $399,000 -- $276 / 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 $5,956 $548,097 $236,756 $311,341
2024 $5,956 $537,351 $232,114 $305,237
2023 $5,821 $526,815 $227,563 $299,252
2022 $5,761 $516,486 $223,101 $293,385
2021 $5,137 $461,360 $218,727 $242,633
2020 $4,878 $431,887 $216,485 $215,402
2019 $4,759 $423,420 $212,241 $211,179
2018 $4,649 $415,119 $208,080 $207,039
2017 $4,559 $406,980 $204,000 $202,980
2016 $4,467 $399,000 $200,000 $199,000
2015 $3,404 $300,000 $142,000 $158,000
2014 -- $230,000 $109,000 $121,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW15091230

California Regional Multiple Listing Service (CRMLS)

APN: 110-280-10