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7316 Rainbow Heights Road

7316 Rainbow Heights Road, Fallbrook, CA 92028
Property in San Diego
Sold Aug 17, 2018
$360,000
$962,499 by Loandepot.com, Llc
Mortgage Due Jun 01, 2053
Sold Sep 19, 2014
$183,500
This has been categorized as a residential property type. In total, the area measurement of the land is 511,830 square feet.

Learn more about the property and building on this page. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7316 Rainbow Heights Road was last sold in May 7, 2018 for $360,000. Prior to that sales transaction, the property was sold for $183,500 in Jul 18, 2014. Current property owners are expected to pay $10,382 in taxes per year. The property on 7316 Rainbow Heights Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $935,992. To break that down further, the land itself was valued at $385,992. While improvements to the property were assessed at a total of $550,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 511,830
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 11.75
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: PAR 2 (EX ST) TR PM07221

Ownership

  • Current Owner : BRADLEY DERECK
  • Current Owner 2: BRADLEY ELIZABETH
  • Previous Owner : BORAO FRANK J
  • Owner Before Previous Owner: KOSMALA WENETA M A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

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

Zoning

  • Zoning: A70

Geography

  • Assessors Map Reference: PM07221
  • Subdivision Tract Number: 7221
  • Parcel: 109-020-56-00
  • Municipality: VALLECITOS
  • Latitude: 33.4209
  • Longitude: -117.118

    Address

  • Full Address: 7316 Rainbow Heights Rd
  • Address - House Number: 7316
  • Address - Street Name: Rainbow Heights
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Fallbrook
  • Carrier Code: R002
  • 4-Digit Zip Code: 9578
  • Zip Code: 92028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,382
  • Tax Rate Code Area: 93-035

    Appraisal Valuation

  • Standard Deviation: 0.1612
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 79
  • Final Value: 1,383,479
  • High Value: 1,606,526
  • Low Value: 1,160,432

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $962,499
  • First Open Lien Mortgage Lender: LOANDEPOT.COM, LLC
  • First Open Lien Mortgage Recording Date: May 16, 2023
  • First Open Lien Mortgage Loan Amount: $962,499
  • 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: Jun 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $935,992
  • Assessed Land Value: $385,992
  • Assessed Improvements Value: $550,000

    Sales

  • Current Sale Contract Date: May 07, 2018
  • Current Sale Recording Date: Aug 17, 2018
  • Current Sale Transaction ID: 11498498807
  • Current Sale Price: $360,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2018-0340021
  • Previous Sale Recording Date: Sep 19, 2014
  • Previous Sale Contract Date: Jul 18, 2014
  • Previous Sale Amount: $183,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE FRANK J BORAO REVOCABLE TR
  • First Mortgage Transaction Date: Aug 17, 2018
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)

About Rainbow



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Frequently Asked Questions

What neighborhood is 7316 Rainbow Heights Road located in?
The 7316 Rainbow Heights Road is a located in the neighborhood of San Diego in Rainbow, Fallbrook.
What is the average sales price for listings in 7316 Rainbow Heights Road?
The average sales price for units in 7316 Rainbow Heights Road is $0 currently.

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