NOT LISTED FOR SALE

980 Rainbow Crest Rd Fallbrook, CA 92028

Estimated Value: $447,584 - $528,000

13.26 Acres
$36,918 Price per Acre
577,606 Sq Ft Lot

Last Sold May 27, 2020

Last sale price $300,000

Est. 63% increase in value since last sale

Current estimated payment $2,774/month

546 Days on Market

Highlights

  • Ocean View
  • 13.26 Acre Lot
  • Wooded Lot
  • Horse Property
  • Secluded Lot
  • Ranch Style House

About This Lot

As of May 2020

Opportunity of a life time truly one of a kind. Property includes 3 parcels +/- 13.26 Acres and plans to rebuild historic 3,539 SQ Ft. round house in Rainbow.
Water and power available.

6% Commission to Selling Office

Last Agent to Sell the Property

Ron Kemper

Walter Ron Kemper, Broker License #00662288 Listed on: 06/22/2018

Last Buyer's Agent

NoEmail NoEmail

None MRML License #N/A

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,283

Lot Details

  • 13.26 Acre Lot
  • Secluded Lot
  • Irregular Lot
  • Wooded Lot
  • 1102004900,1102005000
  • Property is zoned rural

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Bluff
  • Orchard Views

Home Design

  • Ranch Style House

Farming

  • Agricultural

Utilities

  • Perc Test On File For Septic Tank
  • Perc Test Required For Septic Tank
  • Septic Type Unknown
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 1102004800

Community Details

Overview

  • No Home Owners Association
  • Foothills
  • Mountainous Community

Recreation

  • Horse Trails
  • Horse Property

Property Details

Property Type

Land

Est. Annual Taxes

$1,283

Lot Details

0

Listing Details

  • Other Phone Description: (909) 744-7504
  • Road Surface Type: Unpaved
  • View: Yes
  • Zoning: rural
  • Property Type: Land
  • Parcel Number: 1102004800
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.52

Exterior Features

  • View: Bluff, City Lights, Ocean, Orchard, Panoramic

Utilities

  • Utilities: Electricity Available, Phone Available, Water Available, Water Connected
  • Electric: Standard
  • Sewer: Perc Test On File, Perc Test Required, Septic Type Unknown
  • Water Source: Other, Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Horse Trails, Mountainous

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 1102004900,1102005000
  • Land Lease: No
  • Lot Features: Agricultural - Tree/Orchard, Horse Property, Lot Over 40000 Sqft, Irregular Lot, Ranch, Secluded, Treed Lot
  • Lot Size Sq Ft: 577605.60
  • Lot Size Acres: 13.2600

Multi Family

  • Lot Size Area: 13.2600 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2020
Sold by
Newman Phyllis
Bought by
Magnell Kent Allan
Current Estimated Value
$489,528

Purchase Details

Closed on
Mar 9, 2009
Sold by
Swortfiguer Robin
Bought by
Crawford Christopher A and Zowarka Susan

Purchase Details

Closed on
Aug 27, 2008
Sold by
Jensen Bill
Bought by
A-1 Grit Co Employees Profit Sharing Pla

Purchase Details

Closed on
Jun 28, 2005
Sold by
Behan Elaine T
Bought by
Jensen Bill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.58%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 21, 2005
Sold by
Jensen Betsy Lynn Miller
Bought by
Jensen Bill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.58%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 15, 2005
Sold by
Windsor James Brandon and Smith Kathryn Carmen
Bought by
Behan Elaine T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.58%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 11, 2000
Sold by
Smith James Franklin
Bought by
Smith Kathryn Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,174
Interest Rate
8.01%

Purchase Details

Closed on
Jul 27, 2000
Sold by
Long Loretta Keith
Bought by
Windsor James Brandon and Smith Kathryn Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,174
Interest Rate
8.01%
Source: Public Records

Range of Values:

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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
Magnell Kent Allan $300,000 First American Title Company
Crawford Christopher A $73,500 Accommodation
A-1 Grit Co Employees Profit Sharing Pla $50,000 United Title Company
Jensen Bill $600,000 First American Title
Jensen Bill -- First American Title
Behan Elaine T $191,500 First American Title
Smith Kathryn Carmen -- First American Title Ins Co
Windsor James Brandon -- First American Title Ins Co
Windsor James Brandon $110,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jensen Bill $1,225,000
Previous Owner Jensen Bill $380,000
Previous Owner Behan Elaine T $282,320
Previous Owner Windsor James Brandon $92,174
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2020 05/27/20 Sold $300,000 -16.6% --
12/20/2019 12/20/19 Pending -- -- --
11/18/2019 11/18/19 For Sale $359,900 0.0% --
03/21/2019 03/21/19 Pending -- -- --
11/08/2018 11/08/18 Price Changed $359,900 -10.0% --
10/19/2018 10/19/18 Price Changed $399,900 -6.8% --
09/12/2018 09/12/18 Price Changed $429,000 -4.5% --
08/15/2018 08/15/18 Price Changed $449,000 -10.0% --
06/22/2018 06/22/18 For Sale $499,000 -- --
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 $1,283 $109,363 $109,363 --
2024 $1,283 $107,219 $107,219 --
2023 $1,256 $105,117 $105,117 $0
2022 $1,244 $103,056 $103,056 $0
2021 $1,215 $101,036 $101,036 $0
2020 $1,467 $123,018 $123,018 $0
2019 $1,433 $120,606 $120,606 $0
2018 $1,313 $110,000 $110,000 $0
2017 $1,205 $100,000 $100,000 $0
2016 $1,204 $100,000 $100,000 $0
2015 $1,096 $90,000 $90,000 $0
2014 $1,094 $90,000 $90,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18150312

California Regional Multiple Listing Service (CRMLS)

APN: 110-200-48