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Rainbow 92028
5023 5th Street
$600,000
● House - Off Market

5023 5th Street

Fallbrook, CA 92028
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,029 Ft²
$878,114
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Great opportunity to own this single story custom home with almost 1 acre of land!! Rural feel yet close to freeway access, shopping, restaurants, and even Pechanga!! This home shows true pride of ownership and features a gated entry, huge family room with fireplace, granite counters, wood flooring, and a detached 1 car garage with two additional rooms that could be a guest house or bonus room. There is also a workshop, shed, pool, waterfall, outdoor bar, and owned solar for additional savings. Neighborhoods: Rainbow Equipment: Pool/Spa/Equipment Other Fees: 0 Sewer:  Septic Installed Topography: LL
Unit Size
2,029 Ft²
Days on Market
142 days
Land Size
0.91 acres
Price per sqft
$296
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955

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Last updated: 4 months ago (SDMLS #190032366)

Price History

Date / Event Date Event Price
Nov 1, 2019 Sold
Sold
Jun 12, 2019 Listed by Keller Williams Realty $599,900
Listed by Keller Williams Realty
Dec 23, 2018 No longer available -
No longer available
Sep 20, 2018 Listed $655,000
Listed
Gorgeous immaculate 3 bedroom, 2 bathroom 2,000 sq ft home that sits on a secluded nearly 1 acre lot. From the minute you walk through the private gate and fully fenced property, you are in your very own personal resort to include a beautiful sparkling pool, a calming natural rock waterfall, Tiki bar and huge patio area for entertaining with so much space for those family get togethers and BBQ's. This open floor-plan home has been fully updated and meticulously cared for with new interior paint, triple pane windows, newer roof, newer Carrier AC, newer tankless water heater and PAID SOLAR. You will find crown molding and recessed lighting througout, as well as, original hardwood flooring in bedrooms. Fully remodeled kitchen with granite counter tops, new stove top and travertine flooring. French doors take you through a large newly carpeted livingroom area, leading to a beautiful sunroom with slate flooring that overlooks the pool area. Both fully updated bathrooms offer slate flooring, as well. Oh and did I mention that there are also 2 separate out buildings to include a 15x12 building with a full greenhouse and another 14x34 building that can be finished as a guesthouse (currently used as a beautiful sewing room), as well as, a large oversized shed to add even more value to this beautiful property. Only 5 minutes south of Temecula off Hwy 15 and 1 mile in Rainbow. Come see to appreciate this beauty and make it yours today! The manager has listed the unit size as 2029 square feet.

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 224

    Dimensions

  • Lot Size Square Feet: 39,640
  • Total Building Area: 2,029
  • Building Area: 2,029
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 2,029
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000910
  • Standard Land Use Code: 1001
  • County Land Use Code: 11
  • Legal Description 1: SEC 12-9-3W NWQ (EX RS 1141)DOC219055REC70 IN SWQ OF

Neighborhood

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

Zoning

  • Zoning: RR

Geography

  • Assessors Map Reference: 5-E2
  • Parcel: 102-420-30-00
  • Meridian: SEC 12 TWN 09 RNG 03W
  • Municipality: VALLECITOS
  • Latitude: 33.4132
  • Longitude: -117.153

    Address

  • Full Address: 5023 5th St
  • Address - House Number: 5023
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Fallbrook
  • Carrier Code: R002
  • 4-Digit Zip Code: 8863
  • Zip Code: 92028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $649,864
  • Tax Rate Code Area: 93-011

    Appraisal Valuation

  • Standard Deviation: 0.1522
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 81
  • Final Value: 949,160
  • High Value: 1,093,665
  • Low Value: 804,655

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $630,706
  • Assessed Land Value: $315,353
  • Assessed Improvements Value: $315,353

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 18, 2019
  • Current Sale Recording Date: Nov 01, 2019
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2019-0501961
  • Previous Sale Recording Date: Jul 03, 2007
  • Previous Sale Contract Date: Apr 17, 2007
  • Previous Sale Amount: $632,500
  • 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 5023 5th Street built and last sold?
The property at 5023 5th Street was built in 1955 and last sold on Sep 18, 2019 for $600,000.
How much is this home worth?
The estimated value of the home located at 5023 5th Street is $613,651.
What are some comparable homes to 5023 5th Street?
There are currently no comparable homes to 5023 5th Street.