1007 Rainbow Valley Court

Local assessors in Fallbrook, CA have categorized 1007 Rainbow Valley Court as a residential type of property. The home was built in 1988 and is 36 years old. The property's lot size has been calculated to be 43,124 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1007 Rainbow Valley Court has a total of 1,470 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1007 Rainbow Valley Court sold most recently in Oct 14, 2011 for a total of $253,000. If you work out the math, that's approximately a cost of $172.11 per sqft. Before that, the property was also sold for $316,000 in Feb 7, 2003. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,204 in taxes each year. 1007 Rainbow Valley Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $305,431. If we break it down further, the land itself was valued at $120,723. Improvements to the property, however, were assessed at a total of $184,708. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.