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Sold for $943,000 on 10/16/23
  • Listing Provided by: 

    Debra Osborne DRE #01176927 415-649-0689,

    Radius Agent Realty

    Bought with: eXp Realty of California, Inc
    $943,000

    5450 Rainbow Heights Rd, Fallbrook, CA 92028

    4beds
    2,117sqft
    Single Family Residence
    Built in 1984
    0.8 Acres Lot
    $993,500 Zestimate®
    $445/sqft
    $4,038 Estimated rent

    Home value

    $993,500

    $944,000 - $1.05M

    $4,038/mo

    Zestimate® history
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    What's special

    So many options with this tastefully remodeled property on just over 3/4 of an acre! Boasting 4 bedrooms w/ an optional 5th bedroom and 3 full bathrooms. The lower level has a separate entrance, kitchenette, 2 large rooms and a bathroom and can be used so many ways, such as a mother-in-law quarters, multigenerational space, bonus room, craft room, play/game room, man cave, family room or get creative! Upstairs is the main living space featuring an open floor plan starting in the living room w/ new custom built-in bookshelves on either side of the fireplace opening to a gorgeous kitchen w/ beautiful cabinets, custom backsplash, quartz counters, a large island, and stainless steel appliances. The adjoining dining room looks out onto a new custom-built 20' x 20' composite deck with tension cables and built-in floor lights with access from 3 different sets of stairs! You'll enjoy relaxing, entertaining, or drinking your morning coffee on this deck. It's a great way to start and end your day! Just down the hall off the main living area, you'll find 3 bedrooms and 2 bathrooms. You'll love the large primary bedroom and walk-in closet, but wait until you enter the en suite bath through a stylish barn door to enjoy an oversized shower and dual sinks. The following is new or newer in the last 6 - 24 months: faux wood blinds throughout, deck, flooring, dual-pane windows, roof, plumbing, electrical & lighting fixtures, ceiling fans, HVAC, electrical panel, and whole house generator. Step outside and be amazed at how much space you have on this just over 3/4 acre lot where you can build a pool, raise some animals, build a shop, ADU, or pole barn, or use for RV parking. The detached 2-car garage has a custom automatic garage door and extra storage overhead and there is ample parking in the two paved driveways. Living here offers residents a suburban rural mix feel in this unincorporated area of Fallbrook known as Rainbow.

    Zillow last checked: 8 hours ago

    Listing updated: October 17, 2023 at 09:10am

    Listing Provided by:

    Debra Osborne DRE #01176927 415-649-0689,

    Radius Agent Realty

    Bought with:

    Patricia Villanueva, DRE #01100323

    eXp Realty of California, Inc

    Eddie Lagunas, DRE #01273510

    eXp Realty of California, Inc

    Source: CRMLS,MLS#: OC23150891MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Washer
    • Laundry: Gas Dryer Hookup, Inside, Laundry Room
    Features
    • Walk-In Closet(s)
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,117 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Has view: Yes
    • View description: Trees/Woods
    Lot
    • Size: 0.80 Acres
    • Features: Level, Trees
    Details
    • Parcel number: 1026301400
    • Zoning: A70
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1984

    Utilities & green energy

    • Sewer: Septic Type Unknown
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Rural
    Location
    • Region: Fallbrook
    • Subdivision: Fallbrook

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    10/16/2023Sold$943,000-0.5%$445/sqft
    Source: CRMLS #OC23150891
    10/16/2023Pending sale$948,000$448/sqft
    Source: CRMLS #OC23150891
    9/29/2023Contingent$948,000$448/sqft
    Source: CRMLS #OC23150891
    8/14/2023Listed for sale$948,000+22.3%$448/sqft
    Source: CRMLS #OC23150891
    8/27/2021Sold$775,000+4%$366/sqft
    Source: SDMLS #210018302

    Public tax history

    YearProperty taxesTax assessment
    2025$9,967 +1.2%$961,859 +2%
    2024$9,848 +20.8%$943,000 +19.3%
    2023$8,150 +1.4%$790,499 +2%

    Find assessor info on the county website

    Neighborhood: 92028

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $993,500

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $993,500