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5589 Rainbow Creek Rd

Fallbrook, CA 92028

Lot 512,266 sqft land
Most recent sale
$350,000
Mar 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 12, 2026 Listed $475,000 CRMLS
Jan 2, 2026 Relisted $490,000 CRMLS
Sep 3, 2025 Price changed $490,000 CRMLS
Nov 13, 2024 Price changed $499,000 CRMLS
Sep 26, 2024 Price changed $500,000 CRMLS
Sep 5, 2024 Price changed $499,000 CRMLS
Aug 21, 2024 Listed $500,000 CRMLS
Aug 17, 2024 Price changed $500,000 CRMLS
Jun 26, 2024 Price changed $499,000 CRMLS
Jan 31, 2024 Price changed $599,000 CRMLS
Jan 4, 2024 Price changed $625,000 CRMLS
Nov 26, 2023 Listed $675,000 CRMLS
Mar 1, 2022 Sold $350,000 MLS #OC21161165
Jul 23, 2021 Listed $420,000 MLS #OC21161165
Aug 7, 2018 Listing removed $497,500 CRMLS
Jul 5, 2018 Listed $497,500 MLS #SW18161411
Mar 13, 2018 Sold $75,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $10,612 $360,810 $371,422 $4,205
2024 $10,612 $360,810 $371,422 $4,281
2023 $10,200 $346,800 $357,000 $4,190
2022 $87,025 $87,025 $1,317
2021 $85,319 $85,319 $1,293
2020 $84,445 $84,445 $1,295
2019 $82,790 $82,790 $1,272
2018 $81,167 $81,167 $1,250
2017 $79,576 $79,576 $1,233
2016 $78,016 $78,016 $1,215
2015 $76,845 $76,845 $1,202
2014 $75,340 $75,340 $1,184
2013 $75,000 $75,000 $1,177
2012 $175,000 $175,000 $2,250
2010 $330,438 $330,438 $3,893
2009 $331,223 $331,223 $3,856
2008 $324,729 $324,729 $3,795
2007 $318,362 $318,362 $3,739

Property facts

Year built
Property type
land
Stories
Beds
Baths
Living area
Lot size
512,266 sqft
ZIP code
92028
City
Fallbrook
Street
Rainbow Creek Rd
Coordinates
33.42225, -117.13214

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 5589 Rainbow Creek Rd last sell?
5589 Rainbow Creek Rd most recently sold on Mar 1, 2022 for $350,000.
What is the current tax assessment for 5589 Rainbow Creek Rd?
The most recent total assessment for 5589 Rainbow Creek Rd (year 2025) is $371,422 with $4,205 in property tax.
How does 5589 Rainbow Creek Rd's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $350,000.
When was 5589 Rainbow Creek Rd built?
The year built for 5589 Rainbow Creek Rd is not in our records.
How does 5589 Rainbow Creek Rd compare to others on Rainbow Creek Rd?
We track 7 other properties on Rainbow Creek Rd. Browse the list under "Other properties on Rainbow Creek Rd" to compare beds, baths, and sale history.
What are the property facts for 5589 Rainbow Creek Rd?
5589 Rainbow Creek Rd is a 512,266 sqft lot land.
Is 5589 Rainbow Creek Rd a flip candidate?
No — 5589 Rainbow Creek Rd does not appear in our flips dataset.
Is 5589 Rainbow Creek Rd a tax-appeal candidate?
No — 5589 Rainbow Creek Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.3%
Implied 1-yr
-1.1%
2026 Q3
$785K
2026 Q4
$782.9K
ZIP 92028 — Median Price History + Forecast

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