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Off market
  • Zestimate®
    $1,041,700

    5450 Rainbow Heights Rd, Fallbrook, CA 92028

    5beds
    2,117sqft
    SingleFamily
    Built in 1964
    0.8 Acres Lot
    $1,041,700 Zestimate®
    $492/sqft
    $4,502 Estimated rent

    Home value

    $1,041,700

    $979,000 - $1.10M

    $4,502/mo

    Zestimate® history
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    What's special

    REMODELED, USEABLE LAND, & GUEST SUITE...With over $155K invested in the remodel, this professionally designed home sits on .75 acres & offers 4 bedrooms w/ an additional optional bedroom and 3 full bathrooms. The downstairs can be used as a guest house or mother-in-law quarters, as it features a kitchenette, full bath, 2 large rooms, and separate entrance. The home boasts a gorgeous kitchen w/ new cabinets, quartz counters, spacious island, black stainless appliances, and a custom backsplash. The master suite offers a stylish remodeled bathroom w/ an oversized shower, dual sinks & a walk in closet. The home also features new flooring throughout the entire home, remodeled bathrooms, upgraded base & casing, new windows, a new roof, new plumbing & electrical fixtures, newer HVAC, & new lighting fixtures. Step outside & enjoy over 3/4 of an acre with plenty of room for a pool, space to entertain, raise animals, build a shop, and RV parking. Come see the best Fallbrook has to offer. ***NOTE the custom garage door and opener will be installed in 2 weeks*** Sewer: Septic Installed Topography: LL

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Propane / Butane
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,117 sqft

    Property

    Parking
    • Total spaces: 2
    Features
    • Has spa: Yes
    Lot
    • Size: 0.8 Acres
    Details
    • Parcel number: 1026301400

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1964

    Community & HOA

    Location
    • Region: Fallbrook

    Financial & listing details

    • Price per square foot: $492/sqft
    • Tax assessed value: $981,095

    Price history

    DateEventPrice
    10/16/2023Sold$943,000-0.5%$445/sqft
    Source: Public Record Report a problem
    10/16/2023Pending sale$948,000$448/sqft
    Source: CRMLS #OC23150891 Report a problem
    9/29/2023Contingent$948,000$448/sqft
    Source: CRMLS #OC23150891 Report a problem
    8/14/2023Listed for sale$948,000+22.3%$448/sqft
    Source: CRMLS #OC23150891 Report a problem
    8/27/2021Sold$775,000+4%$366/sqft
    Source: SDMLS #210018302 Report a problem
    7/19/2021Listed for sale$744,900+57.7%$352/sqft
    Source: Glendale AOR ZDD #210018302 Report a problem
    2/17/2021Sold$472,500+5%$223/sqft
    Source: Public Record Report a problem
    1/4/2021Listed for sale$450,000$213/sqft
    Source: Coldwell Banker Village Prop #ND21001454 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $981,095 +2%
    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%
    2022$8,034 +649.5%$775,000 +677.9%
    2021$1,072 +6.9%$99,632 +1%
    2020$1,003 +6.7%$98,611 +2%
    2019$941 -2.6%$96,678 +2%
    2018$966 +2.2%$94,783 +2%
    2017$945 +2.7%$92,926 +2%
    2016$921 +1.6%$91,104 +1.5%
    2015$906 +2.2%$89,736 +2%
    2014$886 $87,979 +0.5%
    2013-- $87,583 +2%
    2012-- $85,867 +2%
    2011-- $84,185 +0.8%
    2010-- $83,557 -0.2%
    2009-- $83,757 +2%
    2008-- $82,115 +2%
    2007-- $80,506 +2%
    2006-- $78,928 +2%
    2005-- $77,381 +2%
    2004-- $75,864 +1.9%
    2003-- $74,474 +2%
    2002-- $73,015 +2%
    2001-- $71,584
    Find assessor info on the county website

    Neighborhood: 92028

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Fallbrook Union

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $1,041,700

    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

    $1,041,700