NOT LISTED FOR SALE

7316 Rainbow Heights Rd Fallbrook, CA 92028

Estimated Value: $1,050,000 - $1,364,000

12 Acres
$103,029 Price per Acre
511,830 Sq Ft Lot

Last Sold August 17, 2018

Last sale price $360,000

Est. 233% increase in value since last sale

Current estimated payment $7,502/month

184 Days on Market

Highlights

  • Horse Property Unimproved
  • 11.75 Acre Lot
  • Mountainous Community
  • View of Trees or Woods
  • No HOA

About This Lot

As of August 2018

Here is your opportunity to own a private secluded area in the City of Fallbrook. This property offers over 11 acres of land. Tucked away in the Valley this area of Fallbrook has only 1 entrance so this is a very private community. Property is all fenced around with a high quality fencing. Has a private rock and gate entry with a small creek running across the property. This property has a park like feel with a huge pond and island. Rear of property would be an ideal location to build a home or bring a manufactured home. Property already has both water pump and City water, Electric meter and phone line. Property also has a dirt road in the back for rear access. Currently property has a large 400 foot shed newly build and 2 large storage bins. Seller has preliminary documents on a 5 bedroom and guest house, also septic application.

Last Agent to Sell the Property

Jackie Cuadra

Synergy One Real Estate Svc License #01314349 Listed on: 02/14/2018

Last Buyer's Agent

Diana Crawford

Inactive Office C&C115 License #00870244

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,621

Lot Details

  • 11.75 Acre Lot
  • Vinyl Fence
  • Density is 11-15 Units/Acre

Property Views

  • Woods
  • Mountain

Horse Facilities and Amenities

  • Horse Property Unimproved

Utilities

  • Well
  • Phone Available

Community Details

  • No Home Owners Association
  • Mountainous Community

Listing and Financial Details

  • Assessor Parcel Number 1090205600

Property Details

Property Type

Land

Est. Annual Taxes

$10,621

Lot Details

0

Listing Details

  • Road Surface Type: Paved
  • View: Yes
  • Zoning: A
  • Property Type: Land
  • Parcel Number: 1090205600
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.70

Exterior Features

  • View: Mountain(s), Trees/Woods
  • Fencing: Vinyl

Utilities

  • Utilities: Electricity Available, Phone Available, Water Connected
  • Electric: Electricity - On Property
  • Water Source: Public
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre, Horse Property Unimproved
  • Lot Size Sq Ft: 511830.00
  • Lot Size Acres: 11.7500

Multi Family

  • Lot Size Area: 511830.0000 Square Feet

Tax Info

  • Tax Census Tract: 190.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2019
Sold by
Bradley Dereck and Bradley Elizabeth
Bought by
Bradley Dereck
Current Estimated Value
$1,198,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$686,500
Interest Rate
3.5%
Mortgage Type
Construction

Purchase Details

Closed on
May 7, 2018
Sold by
Borao Frank J
Bought by
Bradley Dereck and Bradley Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 6, 2017
Sold by
Borao Frank J
Bought by
Borao Frank J

Purchase Details

Closed on
Jul 18, 2014
Sold by
Kosmala Weneta M A
Bought by
Borao Frank J

Purchase Details

Closed on
May 31, 2012
Sold by
Diaz Andy
Bought by
Diaz Andy

Purchase Details

Closed on
Oct 11, 2011
Sold by
Diaz Andy and Diaz Rebecca
Bought by
Diaz Andy

Purchase Details

Closed on
Apr 2, 2008
Sold by
Diaz Andy and Diaz Rebecca
Bought by
Diaz Andy and Diaz Rebecca

Purchase Details

Closed on
Jun 1, 2004
Sold by
Waltz Michael Jerome and Waltz Heidi
Bought by
Diaz Andy and Diaz Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,800
Interest Rate
6.27%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 10, 1997
Sold by
Waltz and Heidi
Bought by
Waltz Michael Jerome and Waltz Heidi

Purchase Details

Closed on
Feb 10, 1984
Source: Public Records

Range of Values:

Collateral Analytics

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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
Bradley Dereck -- First American Title Company
Bradley Dereck $360,000 Pacific Coast Title
Borao Frank J -- None Available
Borao Frank J $183,500 Fidelity National Title Co
Diaz Andy -- None Available
Diaz Andy -- None Available
Diaz Andy -- None Available
Diaz Andy $331,000 Stewart Title Riverside
Waltz Michael Jerome -- --
-- $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bradley Dereck $962,499
Closed Bradley Dereck $686,500
Closed Bradley Dereck $160,000
Previous Owner Bradley Dereck $160,000
Previous Owner Diaz Andy $150,000
Previous Owner Diaz Andy $264,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Sold $360,000 -19.1% --
02/14/2018 02/14/18 For Sale $445,000 +142.5% --
09/19/2014 09/19/14 Sold $183,500 -37.9% --
10/30/2013 10/30/13 Pending -- -- --
03/21/2013 03/21/13 For Sale $295,600 -- --
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 $10,621 $973,805 $401,585 $572,220
2024 $10,621 $954,711 $393,711 $561,000
2023 $10,382 $935,992 $385,992 $550,000
2022 $4,457 $378,424 $378,424 $0
2021 $4,353 $371,004 $371,004 $0
2020 $4,361 $367,200 $367,200 $0
2019 $4,259 $360,000 $360,000 $0
2018 $2,459 $193,823 $193,823 $0
2017 $2,417 $190,023 $190,023 $0
2016 $2,375 $186,298 $186,298 $0
2015 $2,344 $183,500 $183,500 $0
2014 $2,515 $200,000 $200,000 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jackie Cuadra

    Synergy One Real Estate Svc

  • D

    Buyer's Agent in 2018

    Diana Crawford

    Inactive Office C&C115

  • Sharon Robinson

    Buyer's Agent in 2018

    Sharon Robinson

    Compass

    (949) 295-1161

    122 Total Sales

    Section Image
  • Peter Baccaro

    Seller's Agent in 2014

    Peter Baccaro

    Coldwell Banker Realty

    (562) 754-2402

    9 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG18036144

California Regional Multiple Listing Service (CRMLS)

APN: 109-020-56

California San Diego County Fallbrook 92028

7316 Rainbow Heights Rd, Fallbrook, CA

This home is located at 7316 Rainbow Heights Rd, Fallbrook, CA 92028 since 14 February 2018 and is currently estimated at $1,210,590. 7316 Rainbow Heights Rd is a home located in San Diego County with nearby schools including Vallecitos Elementary School and Fallbrook High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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