R
Seller's Agent in 2025
Rachel Gardner
Redfin Corporation
728 Rainbow Hills Rd Fallbrook, CA 92028
2
Beds
2
Baths
2,041
Sq Ft
3.76
Acres
Highlights
- Solar Power System
- Panoramic View
- 2 Car Direct Access Garage
- Gated Parking
- Retreat
- Family Room Off Kitchen
About This Home
As of June 2025Discover your own slice of paradise with this single-level, 2-bedroom, 2-bathroom, 2,041 sq. ft. home set on an expansive 3.76-acre lot in Fallbrook. Boasting panoramic views, this move-in-ready freshly painted property offers endless possibilities. The huge, usable, and buildable lot features a thriving garden with an avocado orchard and a variety of fruit and vegetable plants—truly a gardener’s dream. The land is sustained by a private well, while the home is connected to city water for added convenience. Enjoy the benefits of owned solar and embrace country living with modern amenities, all while being surrounded by stunning natural beauty. Don’t miss this rare opportunity!
Last Agent to Sell the Property
Rachel Gardner
Redfin Corporation License #01854523 Listed on: 04/23/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1982
Lot Details
- 3.76 Acre Lot
- Gated Home
- Fence is in good condition
- Steep Slope
- Property is zoned R-1:SINGLE
Parking
- 2 Car Direct Access Garage
- Side Facing Garage
- Single Garage Door
- Garage Door Opener
- Driveway
- Gated Parking
Property Views
- Panoramic
- Valley
Home Design
- Clay Roof
- Stucco Exterior
Interior Spaces
- 2,041 Sq Ft Home
- 1-Story Property
- Bar
- Entryway
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Area
- Stone Flooring
Kitchen
- Gas Oven
- Stove
- Gas Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Retreat
- 2 Full Bathrooms
- Shower Only
Laundry
- Laundry Room
- Laundry in Garage
- Dryer
- Washer
Eco-Friendly Details
- Solar Power System
- Drip Irrigation
Utilities
- Central Air
- Heating Available
- Separate Water Meter
- Well
- Septic System
Listing and Financial Details
- Assessor Parcel Number 108-041-09-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 23, 2025
Closed on
Jun 12, 2025
Sold by
Nguyen Phat
Bought by
Bui Jenny Anna
Seller's Agent
Rachel Gardner
Redfin Corporation
Buyer's Agent
RONNI MITCHELL
KELLER WILLIAMS RIVERSIDE CENT
List Price
$799,000
Sold Price
$760,000
Premium/Discount to List
-$39,000
-4.88%
Views
101
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,940
Avg. Annual Appreciation
8.31%
Original Mortgage
$388,000
Outstanding Balance
$385,971
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$411,969
Purchase Details
Listed on
Sep 1, 2020
Closed on
Oct 6, 2020
Sold by
Mckennett Michael Joseph and Mckennett Carol Page
Bought by
Bui Jenny Anna
Seller's Agent
Frank Cerda
HomeSmart Realty West
Buyer's Agent
Fatima Mendoza
ERA Steinbeck Real Estate
List Price
$619,000
Sold Price
$599,900
Premium/Discount to List
-$19,100
-3.09%
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%
Original Mortgage
$399,900
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 7, 2019
Sold by
Mckennett Michael Joseph and Mckennett Carol Page
Bought by
Mckennett Michael Joseph and Mckennett Carol Page
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,817
Interest Rate
4.8%
Mortgage Type
VA
Purchase Details
Closed on
Nov 7, 2013
Sold by
Mckennett Mike Joseph and Mckennett Carol Page
Bought by
Mckennett Mike Joseph and Mckennett Carol Page
Purchase Details
Closed on
Apr 24, 2009
Sold by
Indymac Bank Fsb
Bought by
Mckennett Mike Joseph and Mckennett Carol Page
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,267
Interest Rate
4.76%
Mortgage Type
VA
Purchase Details
Closed on
Jan 30, 2008
Sold by
United States Of America
Bought by
Indymac Bank Fsb
Purchase Details
Closed on
Mar 19, 2004
Sold by
Smith James D and Smith Valerie L
Bought by
Reed Dane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,200
Interest Rate
5.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 30, 2001
Sold by
Wheeler Corinne H and Mcelroy Douglas B
Bought by
Smith James D and Smith Valerie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
7.15%
Purchase Details
Closed on
Apr 12, 1997
Sold by
Mcelroy Boyden S
Bought by
Mcelroy Boyden S
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Title Forward Of California In | |
| Grant Deed | $760,000 | Title Forward Of California In | |
| Grant Deed | $600,000 | Orange Coast Title | |
| Interfamily Deed Transfer | -- | First American Title Insuran | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Grant Deed | $245,000 | Lsi Title Company | |
| Quit Claim Deed | -- | Lsi Title Company | |
| Grant Deed | $479,000 | Commonwealth Land Title | |
| Grant Deed | $280,000 | First American Title Ins Co | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $388,000 | New Conventional | |
| Previous Owner | $399,900 | New Conventional | |
| Previous Owner | $535,817 | VA | |
| Previous Owner | $250,267 | VA | |
| Previous Owner | $383,200 | New Conventional | |
| Previous Owner | $224,000 | No Value Available | |
| Closed | $56,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/16/2025 06/16/25 | Sold | $760,000 | -4.9% | $372 / Sq Ft | |
| 05/27/2025 05/27/25 | Pending | -- | -- | -- | |
| 05/15/2025 05/15/25 | For Sale | $799,000 | 0.0% | $391 / Sq Ft | |
| 05/05/2025 05/05/25 | Pending | -- | -- | -- | |
| 04/23/2025 04/23/25 | For Sale | $799,000 | +33.2% | $391 / Sq Ft | |
| 11/09/2020 11/09/20 | Sold | $599,900 | -3.1% | $294 / Sq Ft | View Prior Sale |
| 09/30/2020 09/30/20 | Pending | -- | -- | -- | |
| 09/01/2020 09/01/20 | For Sale | $619,000 | -- | $303 / Sq Ft |
Source: San Diego MLS
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 | $6,752 | $649,347 | $79,500 | $569,847 |
| 2024 | $6,752 | $636,616 | $77,942 | $558,674 |
| 2023 | $6,590 | $624,134 | $76,414 | $547,720 |
| 2022 | $6,499 | $611,897 | $74,916 | $536,981 |
| 2021 | $6,329 | $599,900 | $73,448 | $526,452 |
| 2020 | $3,082 | $288,476 | $35,319 | $253,157 |
| 2019 | $3,024 | $282,821 | $34,627 | $248,194 |
| 2018 | $6,328 | $277,277 | $33,949 | $243,328 |
| 2017 | $6,249 | $271,841 | $33,284 | $238,557 |
| 2016 | $6,181 | $266,512 | $32,632 | $233,880 |
| 2015 | $6,147 | $262,509 | $32,142 | $230,367 |
| 2014 | $2,743 | $257,368 | $31,513 | $225,855 |
Source: Public Records
Agents Affiliated with this Home
-
Rachel Gardner
-
RONNI MITCHELL
R
Buyer's Agent in 2025
RONNI MITCHELL
KELLER WILLIAMS RIVERSIDE CENT
(562) 313-7058
21 Total Sales
-
Frank Cerda
Seller's Agent in 2020
Frank Cerda
HomeSmart Realty West
(760) 468-0849
12 Total Sales
-
R
Seller Co-Listing Agent in 2020
Rick Stephens
HomeSmart Realty West
-
F
Buyer's Agent in 2020
Fatima Mendoza
ERA Steinbeck Real Estate
-
Katrina Quigley
Buyer's Agent in 2020
Katrina Quigley
Fathom Realty Group, Inc
(760) 209-6733
30 Total Sales
Map
Source: San Diego MLS
MLS Number: 250025211
APN: 108-041-09
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