$750,000
SOLD JUL 25, 2025

754 Rainbow Hills Rd Fallbrook, CA 92028

2 Beds
2 Baths
1,476 Sq Ft
2.16 Acres

Recently Sold

$508 Per Sq Ft

6% Below List Price

155 Days on Market

Highlights

  • Panoramic View
  • No HOA
  • Walk-In Pantry
  • Traditional Architecture
  • Covered Patio or Porch
  • Formal Dining Room

About This Home

As of July 2025

Your oasis awaits off Avocado highway! Up the winding drive you will find two parcels equaling over 2 acres surrounded with fruit and avocado orchards. Upon entry, this 1476 sq ft 2 bedroom, 2 bath home opens up to a large light-filled living room with separate dining area big enough for holiday dinners. Kitchen boasts a walk-in pantry, a long counter work surface and views into the dining area, perfect for entertaining. Two bedrooms, one freshly painted with new floors installed and one of the bathrooms with a large walk-in shower is by the two bedrooms. The other 3⁄4 bathroom is off the kitchen by the laundry area. Outside the bathroom is a vanity and nice size laundry folding station. Side by side laundry off the kitchen. Direct access from the home to the attached 2 car garage. Plenty of outdoor areas including a covered patio for BBQ’s and gatherings. Trees being grown and harvested on the property are, 50 orange, 15 persimmon, 8 pomegranate, 13 cherimoyas, 29 avocado, 12 mangoes, 8 grapefruit, 2 loquat, 4 guavas, 2 lemon, limes, 2 calamansi, 2 apricot, 1 pear, 1 apple, 1 plum, 1 nectarine, 1 mandarin, 2 jujube, 2 atemoya and 10 dragon fruit. Sprinklers on the property. Water is both a deep well and city water. There is a goat shelter with goats on the property. Close to the I-15, Temecula, stores, restaurants, wineries and resorts. Find your piece of serenity here amongst the orchards and surrounding mountain views.

Last Agent to Sell the Property

Meegan Bevere

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate Brokerage Phone: 818-415-0271 License #01772940 Listed on: 02/19/2025

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

Co-Listed By

Mayra McGowan

Berkshire Hathaway HomeServices California Properties Brokerage Phone: 818-415-0271 License #01829820

Last Buyer's Agent

Marcus Beltran

HomeSmart Realty West License #00682011

HomeSmart Realty West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,891

Year Built

  • Built in 1982

Lot Details

  • 2.16 Acre Lot
  • Rural Setting
  • Wire Fence
  • Density is 2-5 Units/Acre
  • 1080411400
  • Property is zoned A70

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Single Garage Door
  • Driveway Up Slope From Street

Property Views

  • Panoramic
  • Woods
  • Orchard Views
  • Mountain
  • Hills

Home Design

  • Traditional Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,476 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Entryway
  • Living Room
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Electric Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Makeup or Vanity Space
  • Walk-in Shower

Utilities

  • Cooling Available
  • Propane
  • Agricultural Well Water Source
  • Well
  • Septic Type Unknown

Additional Features

  • No Interior Steps
  • Covered Patio or Porch
  • Agricultural

Community Details

  • No Home Owners Association
  • Fallbrook Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 19001
  • Assessor Parcel Number 1080310600
  • $65 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,891

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: stove
  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Zoning: A70
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1080310600
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1476.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Stories: 1
  • Entry Location: ground
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Vinyl
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area, Separated
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 508.13
  • Room Type: All Bedrooms Down, Entry, Kitchen, Living Room, Walk-In Pantry
  • Bathroom Features: Shower, Vanity Area
  • Room Kitchen Features: Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Hills, Mountain(s), Orchard, Panoramic, Trees/Woods
  • Fence: Yes
  • Fencing: Wire
  • Patio And Porch Features: Concrete, Covered
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Asphalt, Driveway Up Slope From Street, Garage, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Propane
  • Laundry: Yes
  • Appliances: Electric Range
  • Electric: Electricity - On Property
  • Laundry Features: Inside
  • Sewer: Septic Type Unknown
  • Water Source: Agricultural Well, Public, Well
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Fallbrook Union

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 1080411400
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Agricultural - Tree/Orchard
  • Lot Size Sq Ft: 94090.00
  • Lot Size Acres: 2.1600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 94090.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 190.01
  • Tax Lot: 2
  • Tax Tract Number: 019001
  • TaxOtherAnnualAssessmentAmount: 65.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2025
Sold by
Mercado Grace S
Bought by
Herrera Salomon and Herrera Teodora M

Purchase Details

Closed on
Dec 7, 2006
Sold by
Lambert Teresa
Bought by
Mercado Grace S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2000
Sold by
Westerhold Adolph and Westerhold Betty May
Bought by
Westerhold G Adolph and Westerhold Betty M
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $750,000 First American Title
Grant Deed $520,000 Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $416,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Sold $750,000 -6.1% $508 / Sq Ft
07/24/2025 07/24/25 Pending -- -- --
06/28/2025 06/28/25 For Sale $799,000 +6.5% $541 / Sq Ft
06/28/2025 06/28/25 Off Market $750,000 -- --
03/07/2025 03/07/25 Price Changed $799,000 -6.0% $541 / Sq Ft
02/19/2025 02/19/25 For Sale $850,000 -- $576 / 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 $6,891 $669,845 $462,194 $207,651
2024 $6,891 $656,712 $453,132 $203,580
2023 $6,725 $643,837 $444,248 $199,589
2022 $6,631 $631,214 $435,538 $195,676
2021 $5,228 $500,000 $340,000 $160,000
2020 $5,042 $475,000 $323,000 $152,000
2019 $4,782 $450,000 $306,000 $144,000
2018 $4,638 $435,000 $296,000 $139,000
2017 $4,267 $400,000 $273,000 $127,000
2016 $3,778 $355,000 $243,000 $112,000
2015 $3,671 $345,000 $237,000 $108,000
2014 $3,402 $320,000 $220,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB25019345

California Regional Multiple Listing Service (CRMLS)

APN: 108-031-06