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Rainbow 92028
1022 Rainbow Crest Road
$390,000
● House - Off Market

1022 Rainbow Crest Road

Fallbrook, CA 92028
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,589 Ft²
$777,170
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Welcome home to this rare opportunity to live nestled at the very top of Rainbow Heights peak with forever views of the surrounding valley that go clear to the San Diego coastline. Looking for a retreat, room to garden or a place to park all of your toys? This fixer home and property boasts over 2 acres and offers spectacular, top of the world views! Very private, very quiet, very serene, very peaceful, absolute rural bliss yet located only 10 minutes from the 15 freeway and highway 76, a commuters dream! Perched high on a mountaintop, above a sprawling valley of ever changing views, watch the marine layer come in and out, while enjoying a cup of coffee on your future oversized deck, or enjoy the gentle ocean breeze while dining outside in paradise. This property is situated perfectly for someone looking for room to breathe, but with a bit of property, without compromising their ability to get to work or shopping. Located just minutes from the best Southern California beaches, Temecula Wine Country, Pechanga Resort and Casino or the snowy Big Bear Mountains! Enjoy the scenic drive home where you will not only see unbelievable views, but is paved all the way to the top! The possibilities are endless for this mountaintop plot, your imagination is your only limit! The lot and future home that you have been waiting for is finally available and it is priced to sell!
Unit Size
1,589 Ft²
Days on Market
85 days
Land Size
2.39 acres
Price per sqft
$346
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1979

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Last updated: 5 months ago (CRMLS #SW20048153)

Price History

Date / Event Date Event Price
May 29, 2020 Sold
Sold
Mar 5, 2020 Listed by First Team Real Estate, Tem $549,900
Listed by First Team Real Estate, Tem

Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 224

    Dimensions

  • Lot Size Square Feet: 104,108
  • Total Building Area: 1,589
  • Building Area: 1,589
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,589
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002390
  • Standard Land Use Code: 1001
  • County Land Use Code: 11
  • Legal Description 1: SEC 18-9-2W SWQ DOC77-474343 IN SEQ OF

Neighborhood

  • School District Name: Vallecitos Elementary School District
  • School Tax School District: FALLBROOK UNION
  • Census Tract: 019002

Zoning

  • Zoning: A70

Geography

  • Assessors Map Reference: 400-C2
  • Parcel: 109-270-34-00
  • Meridian: SEC 18 TWN 09 RNG 02W
  • Municipality: VALLECITOS
  • Latitude: 33.3895
  • Longitude: -117.132

    Address

  • Full Address: 1022 Rainbow Crest Rd
  • Address - House Number: 1022
  • Address - Street Name: Rainbow Crest
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Fallbrook
  • Carrier Code: R002
  • 4-Digit Zip Code: 8841
  • Zip Code: 92028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $685,274
  • Tax Rate Code Area: 93-029

    Appraisal Valuation

  • Standard Deviation: 0.1522
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 81
  • Final Value: 896,138
  • High Value: 1,032,570
  • Low Value: 759,705

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $633,602
  • Assessed Land Value: $324,925
  • Assessed Improvements Value: $308,677

    Sales

  • Current Sale Contract Date: Sep 14, 2020
  • Current Sale Recording Date: Oct 08, 2020
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2020-0611109
  • Previous Sale Recording Date: May 29, 2020
  • Previous Sale Contract Date: May 07, 2020
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rainbow


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Frequently Asked Questions

When was property at 1022 Rainbow Crest Road built and last sold?
The property at 1022 Rainbow Crest Road was built in 1979 and last sold on Sep 14, 2020 for $609,000.
How much is this home worth?
The estimated value of the home located at 1022 Rainbow Crest Road is $545,502.
What are some comparable homes to 1022 Rainbow Crest Road?
There are currently no comparable homes to 1022 Rainbow Crest Road.