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5887 Rainbow Heights Road

5887 Rainbow Heights Road, Fallbrook, CA 92028
Property in San Diego
Sold May 23, 1986
$160,000
$229,750 by Bank Of America Na
Mortgage Due Mar 01, 2042
5887 Rainbow Heights Road in Fallbrook, CA was first built in 1981 and is 43 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5887 Rainbow Heights Road has 1,844 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 211,702 square feet.

Learn more about the property and building on this page. For those who need parking, there is a carport. There are a total of 2 available parking spaces. 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, 5887 Rainbow Heights Road sold most recently in Jan 1, 1970 for a total of $160,000. If you work out the math, that's approximately a cost of $86.77 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,038 in taxes each year. The initial year of tax delinquency occurred in 2022. 5887 Rainbow Heights Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $463,147. If we break it down further, the land itself was valued at $250,071. Improvements to the property, however, were assessed at a total of $213,076. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 211,702
  • Total Building Area: 1,844
  • Building Area: 1,844
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,844
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 4.86
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: SEC 18-9-2W LOT 1 4.86 AC M/L IN

Ownership

  • Current Owner : OWNERSHIP NAME INFORMATION
  • Is Owner Occupied: Owner-occupied property

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: 109-320-08-00
  • Lot: 1
  • Meridian: SEC 18 TWN 09 RNG 02W
  • Municipality: VALLECITOS
  • Latitude: 33.3999
  • Longitude: -117.138

    Address

  • Full Address: 5887 Rainbow Heights Rd
  • Address - House Number: 5887
  • Address - Street Name: Rainbow Heights
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Fallbrook
  • Carrier Code: R002
  • 4-Digit Zip Code: 8845
  • Zip Code: 92028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,038
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 93-021

    Appraisal Valuation

  • Standard Deviation: 0.2057
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 72
  • Final Value: 921,569
  • High Value: 1,111,203
  • Low Value: 731,936

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $229,750
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jun 04, 2012
  • First Open Lien Mortgage Loan Amount: $229,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2042

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $463,147
  • Assessed Land Value: $250,071
  • Assessed Improvements Value: $213,076

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: May 23, 1986
  • Current Sale Transaction ID: 1894051566
  • Current Sale Price: $160,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 207033

About Rainbow



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Frequently Asked Questions

What neighborhood is 5887 Rainbow Heights Road located in?
The 5887 Rainbow Heights Road is a located in the neighborhood of San Diego in Rainbow, Fallbrook.
What is the average sales price for listings in 5887 Rainbow Heights Road?
The average sales price for units in 5887 Rainbow Heights Road is $0 currently.

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