NOT LISTED FOR SALE

760 Rainbow Hills Rd Fallbrook, CA 92028

Estimated Value: $754,000 - $948,000

3 Beds
2 Baths
1,450 Sq Ft
$585/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $785,000 $541 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,001/month

44 Days on Market

Highlights

  • City View
  • Bluff on Lot
  • Galley Kitchen
  • Updated Kitchen
  • Property Near a Canyon
  • 2 Car Attached Garage

About This Home

As of August 2023

Welcome to your dream retreat in Fallbrook! This stunning remodeled one-level home is nestled on approximately 4-acres, offering an unparalleled combination of serenity, luxury, and privacy. Step inside and be captivated by the seamless fusion of modern elegance and timeless charm. The open-concept layout creates an inviting and airy atmosphere, perfect for both intimate gatherings and large-scale entertainment. The spacious living area features new flooring, new windows, fresh paint, new kitchen cabinets, quartz counters and an abundance of natural light that floods the rooms, creating a warm and inviting ambiance. The gourmet kitchen is a true chef's delight, boasting stainless steel appliances, custom cabinetry, and plenty of counter space. Whether you're preparing a simple weeknight meal or hosting a gourmet dinner party, this kitchen is sure to impress even the most discerning culinary enthusiasts. Retreat to the luxurious primary suite with a large picture window overlooking the canyon. Two additional bedrooms and full bath make this the perfect home for anyone. Situated in Fallbrook, known for its idyllic countryside and charming small-town atmosphere, this residence offers a tranquil escape while still being conveniently close to shopping, dining, and entertainment options. Don't miss the opportunity to make this exquisite 4-acre remodeled one-level home your own private sanctuary.

Last Agent to Sell the Property

David Calhoun

Real Broker License #02121787 Listed on: 06/08/2023

Real Broker

Last Buyer's Agent

Dillon Hall

Abundance Real Estate License #02038786

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 4 Acre Lot
  • Property Near a Canyon
  • Partially Fenced Property
  • Bluff on Lot
  • Steep Slope

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • City
  • Woods
  • Mountain
  • Valley

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Stucco Exterior

Interior Spaces

  • 1,450 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Decorative Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Vinyl Flooring

Kitchen

  • Galley Kitchen
  • Updated Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Washer Hookup

Outdoor Features

  • Stone Porch or Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Septic System

Community Details

  • Mountainous Community

Listing and Financial Details

  • Assessor Parcel Number 108-031-04-00

Home Details

Home Type

Single Family

Year Built

Built in 1964 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Ranch
  • Residential Styles: Detached
  • Property Condition: Updated/Remodeled
  • Market Area: North County
  • Cross Street: Rainbow Hills Road & the 15
  • Neighborhood: unknown
  • LP / Sq Ft: 534.48
  • Price Per Sq Ft: 541.38
  • SP/ Sq Ft: 541.38
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1964
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan, Remodeled Kitchen
  • Flooring: Vinyl Tile
  • Equipment Available: Dishwasher, Microwave, Electric Range
  • Fireplaces: 1
  • Fireplace: Fp In Living Room, Decorative
  • Searchable Rooms: Bedroom Entry Level, Dining Area, Galley Kitchen, Master Bathroom
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 13X12
  • Full Bathrooms: 2
  • Laundry Location: Garage
  • Estimated Sq Ft: 1450
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Frontage: Canyon
  • Patio: Stone/Tile
  • Roof: Asphalt, Shingle
  • View: City, Mountains/Hills, Valley/Canyon, Trees/Woods

Garage/Parking

  • Garage Details: Attached, Garage
  • Garage Spaces: 2
  • Non Garage Parking: Driveway - Asphalt
  • Parking Spaces Total: 8

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Washer Hookup
  • Sewer/Septic: Septic Installed
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Lot Info

  • Lot Size: 4+ to 10 AC
  • Topography: Bluff/Canyon Rim, Canyon/Valley, Mountainous, Slope Gentle, Slope Steep
  • Additional Property Use: Ranch/Farm
  • Assessor Parcel Number: 108-031-04-00
  • Estimated Number of Acres: 4.0
  • Other Structures: Shed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Aug 15, 2023
Sold by
Fuentes Santos Yunler Alexander
Bought by
Decarmen Evina
Seller's Agent
David Calhoun
Real Broker
Buyer's Agent
Dillon Hall
Abundance Real Estate
List Price
$825,000
Sold Price
$785,000
Premium/Discount to List
-$40,000
-4.85%
Views
300
Current Estimated Value
$848,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,162
Avg. Annual Appreciation
3.35%
Original Mortgage
$485,000
Outstanding Balance
$472,514
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$375,648

Purchase Details

Listed on
Jun 8, 2023
Closed on
Jul 28, 2023
Sold by
Fuentes Emerson and De Carmen Evina
Bought by
Brousseau Westin and Rademaker Kaylee
Seller's Agent
David Calhoun
Real Broker
Buyer's Agent
Dillon Hall
Abundance Real Estate
List Price
$825,000
Sold Price
$785,000
Premium/Discount to List
-$40,000
-4.85%
Views
300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Outstanding Balance
$472,514
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$375,648

Purchase Details

Listed on
Feb 16, 2023
Closed on
Mar 9, 2023
Sold by
Reuvers Gregory John and Auterson Deborah
Bought by
Fuentes Emerson and De Carmen Evina
Seller's Agent
Billy Long
Balboa Real Estate, Inc
Buyer's Agent
David Calhoun
Real Broker
List Price
$499,000
Sold Price
$550,000
Premium/Discount to List
$51,000
10.22%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
133.28%

Purchase Details

Closed on
Aug 4, 2008
Sold by
Reuvers Gregory J
Bought by
Reuvers Gregory J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 23, 2000
Sold by
Reuvers Nancy L
Bought by
Reuvers Gregory J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.53%

Purchase Details

Closed on
May 12, 2000
Sold by
Mikolas Family Trust 07-14-94 and Louis
Bought by
Reuvers Gregory J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.53%

Purchase Details

Closed on
Jul 14, 1994
Sold by
Mikolas Louis and Mikolas Helen
Bought by
Mikolas Louis and Mikolas Helen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Decarmen Evina -- First American Title
Brousseau Westin $785,000 First American Title
Fuentes Emerson $550,000 First American Title
Reuvers Gregory J -- Lawyers Title Company
Reuvers Gregory J -- First American Title
Reuvers Gregory J $225,000 First American Title
Mikolas Louis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brousseau Westin $485,000
Previous Owner Reuvers Gregory J $100,000
Previous Owner Reuvers Gregory J $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2023 08/17/23 Sold $785,000 +1.3% $541 / Sq Ft
07/23/2023 07/23/23 Pending -- -- --
07/13/2023 07/13/23 Price Changed $775,000 -3.0% $534 / Sq Ft
06/20/2023 06/20/23 Price Changed $799,000 -3.2% $551 / Sq Ft
06/08/2023 06/08/23 For Sale $825,000 +50.0% $569 / Sq Ft
03/17/2023 03/17/23 Sold $550,000 +10.2% $379 / Sq Ft View Prior Sale
02/24/2023 02/24/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $499,000 -9.3% $344 / Sq Ft
02/19/2023 02/19/23 Off Market $550,000 -- --
02/18/2023 02/18/23 For Sale $499,000 -9.3% $344 / Sq Ft
02/18/2023 02/18/23 Off Market $550,000 -- --
02/16/2023 02/16/23 For Sale $499,000 -- $344 / Sq Ft
Source: San Diego MLS

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 $6,835 $663,000 $408,000 $255,000
2024 $6,835 $650,000 $400,000 $250,000
2023 $3,443 $332,369 $132,944 $199,425
2022 $3,393 $325,853 $130,338 $195,515
2021 $5,526 $319,465 $127,783 $191,682
2020 $3,317 $316,190 $126,473 $189,717
2019 $3,253 $309,992 $123,994 $185,998
2018 $3,198 $303,914 $121,563 $182,351
2017 $3,134 $297,956 $119,180 $178,776
2016 $3,059 $292,115 $116,844 $175,271
2015 $3,012 $287,728 $115,089 $172,639
2014 $2,946 $282,093 $112,835 $169,258
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230010649

San Diego MLS

APN: 108-031-04