NOT LISTED FOR SALE

7428 Rainbow Heights Rd Fallbrook, CA 92028

Estimated Value: $1,187,000 - $1,454,000

4 Beds
3 Baths
2,912 Sq Ft
$447/Sq Ft Est. Value

Last Sold July 31, 2012

Last sale price $409,000 $140 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $7,332/month

Highlights

  • 29.58 Acre Lot
  • 3 Car Attached Garage
  • Attached Carport
  • Breakfast Area or Nook
  • Laundry Room
  • Family Room

About This Home

As of July 2012

BANK OWNED! 4 bedroom/3 bath single story home on 29+ acres!! Large master bedroom with a built-in fireplace adjoining the open master bathroom. Open kitchen to the dining area and family room. Views of the mountains. So many possibilities with this home and land! [Supplement]: SELLER TO SELECT SERVICES. *** Buyer to verify all information and sizes, including .Sq.Ft. prior to COE. Room dimensions, sizes and sq. ft. are approximate. ALL OFFERS ARE "SUBJECT TO" AND "CONTINGENT UPON" FINAL REVIEW AND ACCEPTANCE BY THE INVESTOR AND/OR MORTGAGE INSURER. THERE IS A $75.00 BUYER PAID DOC FEE PAID AT CLOSING. ALL CONTRACTS/OFFERS ARE SUBJECT TO ONEWEST SERVICES, LLC SENIOR MANAGEMENT APPROVAL AND ANY OFFERS OR COUNTER OFFERS BY ONEWEST ARE NOT BINDING UNLESS THE ENTIRE AGREEMENT IS RATIFIED BY ALL PARTIES. PROPERTY IS SOLD AS-IS. Buyers and Buyers agent to verify all information on the MLS before the close of escrow. The home does not have propane installed. There is an area that requires a paved road from the home to the main road in order for the city and fire marshal to issue the final permit for the home.

Last Agent to Sell the Property

Serri Rowell

Real Broker License #01484073 Listed on: 07/31/2012

Real Broker

Last Buyer's Agent

Out of Area Agent

Out of Area Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 29.58 Acre Lot

Parking

  • 3 Car Attached Garage
  • Attached Carport
  • Parking Available

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 2,912 Sq Ft Home
  • 1-Story Property
  • Family Room

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Listing and Financial Details

  • Assessor Parcel Number 1090105400

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: FALLBROOK
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1090105400
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Living Area: 2912.00 Square Feet
  • Stories: 1
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook
  • Levels: One
  • Price Per Square Foot: 140.45
  • Room Type: Family Room, Main Floor Bedroom

Exterior Features

  • Fence: No
  • Pool Private: No
  • Roof: Tile
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Laundry Features: Individual Room, Gas Dryer Hookup

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 1288504.80
  • Lot Size Acres: 29.5800

Multi Family

  • Lot Size Area: 29.5800 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2012
Closed on
Aug 14, 2012
Sold by
Owb Reo Llc
Bought by
Maule Patrick and Maule Barbara
Seller's Agent
Serri Rowell
Real Broker
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$399,000
Sold Price
$409,000
Premium/Discount to List
$10,000
2.51%
Current Estimated Value
$1,301,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$892,850
Avg. Annual Appreciation
9.01%

Purchase Details

Listed on
Jul 31, 2012
Closed on
Jul 3, 2012
Sold by
Powell Howard A
Bought by
Owb Reo Llc
Seller's Agent
Serri Rowell
Real Broker
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$399,000
Sold Price
$409,000
Premium/Discount to List
$10,000
2.51%

Purchase Details

Closed on
Feb 3, 2005
Sold by
Powell Howard
Bought by
Powell Howard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$692,250
Interest Rate
3.12%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 28, 2003
Sold by
Anderprises Inc
Bought by
Powell Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.87%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maule Patrick $409,072 None Available
Owb Reo Llc $508,951 None Available
Powell Howard A -- Commonwealth Title
Powell Howard $175,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Powell Howard A $692,250
Previous Owner Powell Howard $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2012 07/31/12 Sold $409,000 +2.5% $140 / Sq Ft
07/31/2012 07/31/12 For Sale $399,000 -- $137 / 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 $6,126 $491,330 $246,282 $245,048
2024 $6,126 $481,697 $241,453 $240,244
2023 $6,004 $472,253 $236,719 $235,534
2022 $5,950 $462,994 $232,078 $230,916
2021 $5,823 $453,917 $227,528 $226,389
2020 $5,833 $449,263 $225,195 $224,068
2019 $5,708 $440,455 $220,780 $219,675
2018 $5,594 $431,819 $216,451 $215,368
2017 $5,500 $423,353 $212,207 $211,146
2016 $5,403 $415,053 $208,047 $207,006
2015 $5,334 $408,819 $204,922 $203,897
2014 $5,238 $400,811 $200,908 $199,903
Source: Public Records

Agents Affiliated with this Home

  • Serri Rowell

    Seller's Agent in 2012

    Serri Rowell

    Real Broker

    (760) 579-2666

    348 Total Sales

    Serri Rowell
    Section Image

  • O

    Buyer's Agent in 2012

    Out of Area Agent

    Out of Area Office

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 120038864

California Regional Multiple Listing Service (CRMLS)

APN: 109-010-54

California San Diego County Fallbrook 92028

7428 Rainbow Heights Rd, Fallbrook, CA

Not Listed for Sale

Detached

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