NOT LISTED FOR SALE

7424 Rainbow Heights Rd Fallbrook, CA 92028

Estimated Value: $1,397,968 - $1,637,000

3 Beds
2.5 Baths
3,430 Sq Ft
$433/Sq Ft Est. Value

Last Sold May 18, 2013

Last sale price $665,000 $194 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $8,793/month

20 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • Bonus Room
  • 9.2 Acre Lot
  • Retreat
  • Covered Patio or Porch

About This Home

As of May 2013

FALLBROOK DREAM HOME ON TOP OF RAINBOW HEIGHTS WITH OCEAN VIEWS. EXCEPTIONAL DESIGN, BUILT IN 2006 - HARDLY LIVED IN. TRANQUIL AND SECURE SETTING, SEEMS LARGER THAN RECORDED, ALL EXTRAS IMAGINABLE. YOUR OWN GATED ENTRY. DUAL CHEF KITCHEN WITH DUAL STOVES, REFRIGERATORS, ISLAND ETC. PERFECT FOR ENTERTAINING. LARGE OFFICE WITH BUILT INS. NINE+ ACRES, ROOM FOR GUEST HOME, HORSE AND GROVE. BRING ALL YOUR TOYS, LARGE 3 CAR GARAGE, WORKSHOP AND WORKOUT AREAS. OVER $900,000.00 IN RECEIPTS, STANDARD SALE Neighborhoods: RAINBOW HEIGHTS Equipment: Fire Sprinklers,Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Septic Installed Topography: GSL,SSLP

Last Agent to Sell the Property

Fred Christiansen

Re/Max Connections License #996931 Listed on: 03/17/2013

Last Buyer's Agent

Nathan Truitt

Truitt Residential Real Estate License #01352781

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,094

Year Built

  • Built in 2006

Lot Details

  • 9.2 Acre Lot
  • Cross Fenced

Parking

  • 3 Car Garage
  • Automatic Gate

Property Views

  • Ocean
  • Panoramic

Home Design

  • Contemporary Architecture
  • Concrete Roof
  • Stucco

Interior Spaces

  • 3,430 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Family Room
  • Dining Room
  • Library
  • Bonus Room

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat

Laundry

  • Laundry Room
  • Propane Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 7424RainbowHeights92028
  • Assessor Parcel Number 1090105300

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,094

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Security: Automatic Gate
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1090105300
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3430.00
  • Stories: 1
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Levels: One
  • Price Per Square Foot: 193.88
  • Room Type: Main Floor Bedroom, Bonus Room, Family Room, Library, Retreat, Main Floor Master Bedroom

Exterior Features

  • Patio: Yes
  • View: Ocean, Panoramic
  • Fence: Yes
  • Fencing: Cross Fenced
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Roof: Concrete
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave, Refrigerator
  • 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: 400752.00
  • Lot Size Acres: 9.2000

Multi Family

  • Lot Size Area: 400752.0000 Square Feet

Tax Info

  • Tax Lot: 7424RainbowHeights92028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2013
Closed on
Apr 11, 2013
Sold by
Rodrigues Michael and Rodrigues Dolly
Bought by
Scolinos Christopher and Scolinos Dawn R
Seller's Agent
Fred Christiansen
Re/Max Connections
Buyer's Agent
Nathan Truitt
Truitt Residential Real Estate
List Price
$665,000
Sold Price
$665,000
Current Estimated Value
$1,486,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$821,242
Avg. Annual Appreciation
6.30%
Original Mortgage
$635,937
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 19, 2000
Sold by
Anderprises Inc
Bought by
Rodrigues Michael J and Rodrigues Dolly A
Source: Public Records

Range of Values:

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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
Scolinos Christopher $665,000 Lawyers Title Insurance Co
Rodrigues Michael J $68,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scolinos Christopher $567,500
Closed Scolinos Christopher $100,000
Closed Scolinos Christopher $602,500
Closed Scolinos Christopher $635,937
Previous Owner Rodrigues Michael J $382,000
Previous Owner Rodrigues Michael J $407,500
Previous Owner Rodrigues Michael J $100,000
Previous Owner Rodrigues Michael J $720,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2013 05/18/13 Sold $665,000 0.0% $194 / Sq Ft
04/06/2013 04/06/13 Pending -- -- --
03/17/2013 03/17/13 For Sale $665,000 -- $194 / 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 $9,094 $843,403 $147,777 $695,626
2024 $9,094 $826,867 $144,880 $681,987
2023 $8,887 $810,655 $142,040 $668,615
2022 $8,795 $794,760 $139,255 $655,505
2021 $8,577 $779,177 $136,525 $642,652
2020 $8,593 $771,189 $135,126 $636,063
2019 $8,380 $756,069 $132,477 $623,592
2018 $12,382 $741,245 $129,880 $611,365
2017 $8,024 $726,712 $127,334 $599,378
2016 $7,860 $712,464 $124,838 $587,626
2015 $7,741 $701,763 $122,963 $578,800
2014 $7,576 $688,018 $120,555 $567,463
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 130013426

California Regional Multiple Listing Service (CRMLS)

APN: 109-010-53