$625,000
SOLD SEP 6, 2013

944 Rainbow Crest Rd Fallbrook, CA 92028

3 Beds
2 Baths
2,120 Sq Ft
2.93 Acres

Recently Sold

$295 Per Sq Ft

4% Below List Price

75 Days on Market

Highlights

  • Heated Infinity Pool
  • City Lights View
  • Main Floor Primary Bedroom
  • Primary Bedroom Suite
  • Wood Flooring
  • Mediterranean Architecture

About This Home

As of March 2018

Awesome one of a kind custom home in Rainbow. You will not believe the view of the valley and Mt Palomar even Puma Valley in the distance.
This beautiful property features a huge great room, huge kitchen and master suite that have this tremendous view out through the patio and zero edge pool. The entire home has been remodeled. The kitchen features new high end maple cabinets with slab granite and stone back splash. Appliances are new stainless steal. The floor is all new dark hardwood, travertine and carpet. The master suite with that view also has a new master bath made with travertine, granite, stone, new sinks, faucets and large glass enclosure. You walk through the master bathroom into this giant closet that is also a dressing room. From the Master or the great room you can enter the Veranda outside. The floor is slate and the pool if awesome with those views that are endless. The landscaping is so lush, with trees that bloom a spring that runs down to a waterfall and into a pond with a huge 2 tiered deck. There is an out door kitchen for grilling. This property is made for entertaining for showing see below.

Last Agent to Sell the Property

John Lewis

Realty Executives Temecula License #01168291 Listed on: 06/21/2013

Realty Executives Temecula

Last Buyer's Agent

John Lewis

Realty Executives Temecula License #01168291 Listed on: 06/21/2013

Realty Executives Temecula

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,709

Year Built

  • Built in 2002

Lot Details

  • 2.93 Acre Lot

Parking

  • 3 Car Garage

Property Views

  • City Lights
  • Woods
  • Canyon
  • Mountain
  • Hills
  • Valley
  • Rock

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 2,120 Sq Ft Home
  • Wood Burning Fireplace
  • Formal Entry
  • Great Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Dressing Area
  • 2 Full Bathrooms

Pool

  • Heated Infinity Pool
  • Filtered Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Gunite Spa
  • Waterfall Pool Feature
  • Pool Heated With Propane
  • Permits For Spa
  • Permits for Pool

Outdoor Features

  • Covered patio or porch
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Assessor Parcel Number 1102703500

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,709

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1102703500
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2120.00
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Great Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 294.81
  • Room Type: Dressing Area, Formal Entry, Great Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite
  • Spa Features: Gunite, Heated, In Ground, Permits, Private

Exterior Features

  • Patio: Yes
  • View: City Lights, Canyon, Hills, Mountain(s), Rocks, Trees/Woods, Valley
  • Patio And Porch Features: Covered, Lanai, Stone
  • Pool Features: Filtered, Gunite, Heated, Heated with Propane, In Ground, Infinity, Permits, Private, Salt Water, Waterfall
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills

Lot Info

  • Lot Size Sq Ft: 127631.00
  • Lot Size Acres: 2.9300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 127631.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2021
Sold by
Mccarthy Daniel T and Mccarthy Martha
Bought by
Mccarthy Daniel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,500
Outstanding Balance
$191,031
Interest Rate
2.39%
Mortgage Type
New Conventional
Estimated Equity
$993,014

Purchase Details

Listed on
Jan 5, 2018
Closed on
Jan 29, 2018
Sold by
Leff Forrest J and Stephan Sharon J
Bought by
Mccarthy Daniel T
Seller's Agent
Cindy Waasdorp
Berkshire Hathaway HomeService
List Price
$725,000
Sold Price
$709,000
Premium/Discount to List
-$16,000
-2.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$359,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2013
Closed on
Aug 2, 2013
Sold by
Cunningham John R and Cunningham Irene
Bought by
Leff Forrest J and Stephan Sharon L
Seller's Agent
John Lewis
Realty Executives Temecula
Buyer's Agent
John Lewis
Realty Executives Temecula
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.85%

Purchase Details

Closed on
Sep 5, 2006
Sold by
Cunningham John R and Cunningham Irene
Bought by
Cunningham John R and Cunningham Irene

Purchase Details

Closed on
Jul 17, 2001
Sold by
Salas Michael Alfred
Bought by
Flanagan Keith and Flanagan Jonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.57%

Purchase Details

Closed on
Apr 21, 2000
Sold by
Flores and Elynor
Bought by
Salas Michael Alfred
Source: Public Records

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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
Interfamily Deed Transfer -- Ticor Title Company Of Ca
Grant Deed $709,000 Ticor Title San Diego Branch
Grant Deed $625,000 Ticor Title
Interfamily Deed Transfer -- First American
Grant Deed $130,000 First American Title
Grant Deed $375,000 First American Title
Grant Deed $75,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $239,500 New Conventional
Closed $359,000 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $575,000 Unknown
Previous Owner $80,000 Credit Line Revolving
Previous Owner $570,000 Unknown
Previous Owner $365,000 Unknown
Previous Owner $300,700 Unknown
Previous Owner $62,500 Stand Alone Second
Previous Owner $300,000 No Value Available
Previous Owner $394,100 Construction
Closed $56,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Price Changed $1,133,000 -5.6% $534 / Sq Ft
06/09/2025 06/09/25 Price Changed $1,200,000 -7.7% $566 / Sq Ft
05/04/2025 05/04/25 For Sale $1,300,000 +83.4% $613 / Sq Ft
03/01/2018 03/01/18 Sold $709,000 -2.2% $334 / Sq Ft
01/16/2018 01/16/18 Pending -- -- --
01/05/2018 01/05/18 For Sale $725,000 +16.0% $342 / Sq Ft
09/06/2013 09/06/13 Sold $625,000 -3.8% $295 / Sq Ft
06/21/2013 06/21/13 For Sale $650,000 -- $307 / 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 $8,709 $806,712 $376,465 $430,247
2024 $8,709 $790,895 $369,084 $421,811
2023 $8,586 $775,389 $361,848 $413,541
2022 $8,498 $760,186 $354,753 $405,433
2021 $8,290 $745,282 $347,798 $397,484
2020 $8,306 $737,641 $344,232 $393,409
2019 $8,101 $723,179 $337,483 $385,696
2018 $7,531 $673,352 $314,230 $359,122
2017 $7,386 $660,150 $308,069 $352,081
2016 $7,237 $647,207 $302,029 $345,178
2015 $7,128 $637,487 $297,493 $339,994
2014 $6,978 $625,000 $291,666 $333,334
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW13119752

California Regional Multiple Listing Service (CRMLS)

APN: 110-270-35