5540 Rainbow Heights Rd
Fallbrook, CA 92028
Lot 101,495 sqft land
Most recent sale
$230,000
Apr 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 17, 2026 | Sold | $235,000 | CRMLS |
| Jan 13, 2026 | Price changed | $249,990 | CRMLS |
| Nov 20, 2025 | Price changed | $249,999 | CRMLS |
| Nov 7, 2025 | Price changed | $264,990 | CRMLS |
| Sep 19, 2025 | Price changed | $264,999 | CRMLS |
| Sep 12, 2025 | Price changed | $274,900 | CRMLS |
| Aug 14, 2025 | Price changed | $274,990 | CRMLS |
| Jul 21, 2025 | Price changed | $274,999 | CRMLS |
| May 24, 2025 | Price changed | $299,000 | CRMLS |
| May 13, 2025 | Price changed | $299,900 | CRMLS |
| May 1, 2025 | Price changed | $299,990 | CRMLS |
| Mar 7, 2025 | Listed | $299,999 | CRMLS |
| Aug 26, 2022 | Listed | $769,000 | MLS #SW22188274 |
| Jul 31, 2022 | Price changed | $769,000 | MLS #SW22020497 |
| Apr 28, 2022 | Sold | $230,000 | MLS #SW21032765 |
| Apr 17, 2022 | Price changed | $889,900 | MLS #SW22020497 |
| Mar 23, 2022 | Listed | $300,000 | MLS #SW22058031 |
| Mar 23, 2022 | Listed | $500,000 | MLS #SW22058150 |
| Mar 5, 2022 | Price changed | $958,900 | MLS #SW22020497 |
| Feb 2, 2022 | Listed | $988,900 | MLS #SW22020497 |
| Aug 25, 2021 | Listed | $1,200,000 | MLS #SW21188343 |
| Feb 17, 2021 | Listed | $249,900 | MLS #SW21032765 |
| Sep 22, 2020 | Listed | $748,747 | MLS #200004033 |
| Apr 27, 2020 | Price changed | $748,747 | MLS #200004033 |
| Feb 10, 2020 | Listed | $249,900 | MLS #SW20029336 |
| Jan 24, 2020 | Listed | $778,747 | MLS #200004033 |
| Apr 22, 2019 | Listed | $1,300,000 | MLS #SW19090396 |
| Aug 1, 2017 | Listing removed | $190,000 | CRMLS |
| May 23, 2016 | Listed | $190,000 | MLS #SW16110378 |
| Jun 3, 2015 | Price changed | $995,900 | MLS #150002050 |
| Jan 29, 2015 | Price changed | $1,175,000 | MLS #150002050 |
| Dec 4, 2014 | Listed | $1,350,000 | MLS #150002050 |
| Jan 10, 2014 | Sold | $642,000 | Public Record |
| Dec 19, 2013 | Listing removed | $74,900 | CRMLS |
| Dec 18, 2013 | Sold | $75,000 | Public Record |
| Mar 6, 2013 | Listed | $74,900 | MLS #PW13038532 |
| Oct 1, 2012 | Listing removed | $84,900 | ITECH |
| Jun 26, 2011 | Listed | $84,900 | MLS #P787026 |
| Feb 18, 2011 | Sold | $303,500 | Public Record |
| Oct 19, 2005 | Sold | $725,000 | Public Record |
| Aug 18, 1999 | Sold | $650,000 | Public Record |
| May 18, 1998 | Sold | $117,000 | Public Record |
| Jan 22, 1990 | Sold | $280,000 | Public Record |
| Dec 21, 1983 | Sold | $33,000 | Public Record |
| Apr 25, 1980 | Sold | $48,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | $244,077 | $244,077 | $2,588 |
| 2024 | — | $244,077 | $244,077 | $2,567 |
| 2023 | — | $234,600 | $234,600 | $2,506 |
| 2022 | — | $86,518 | $86,518 | $979 |
| 2021 | — | $236,664 | $236,664 | $6,388 |
| 2021 | — | $84,822 | $84,822 | $955 |
| 2021 | — | $172,584 | $172,584 | $3,675 |
| 2020 | — | $170,815 | $170,815 | $3,679 |
| 2020 | — | $234,238 | $234,238 | $3,261 |
| 2020 | — | $83,953 | $83,953 | $959 |
| 2019 | — | $167,466 | $167,466 | $3,632 |
| 2019 | — | $229,646 | $229,646 | $3,196 |
| 2019 | — | $82,307 | $82,307 | $942 |
| 2018 | — | $164,183 | $164,183 | $3,588 |
| 2018 | — | $225,144 | $225,144 | $3,136 |
| 2018 | — | $80,694 | $80,694 | $927 |
| 2017 | — | $160,964 | $160,964 | $3,553 |
| 2017 | — | $220,730 | $220,730 | $3,088 |
| 2017 | — | $79,112 | $79,112 | $910 |
| 2016 | — | $157,808 | $157,808 | $3,517 |
| 2016 | — | $216,402 | $216,402 | $3,039 |
| 2016 | — | $77,561 | $77,561 | $1,144 |
| 2015 | — | $155,438 | $155,438 | $3,490 |
| 2015 | — | $213,152 | $213,152 | $3,003 |
| 2015 | — | $76,396 | $76,396 | $878 |
| 2014 | — | $152,394 | $152,394 | $3,454 |
| 2014 | — | $172,445 | $172,445 | $2,562 |
| 2014 | — | $74,900 | $74,900 | $860 |
| 2013 | — | $151,706 | $151,706 | $3,440 |
| 2013 | — | $171,666 | $171,666 | $2,547 |
| 2013 | — | $55,509 | $55,509 | $654 |
| 2012 | — | $148,732 | $148,732 | $3,532 |
| 2012 | — | $168,300 | $168,300 | $2,650 |
| 2012 | — | $54,421 | $54,421 | $645 |
| 2010 | — | $144,727 | $144,727 | $3,916 |
| 2010 | — | $319,998 | $319,998 | $4,803 |
| 2010 | — | $53,354 | $53,354 | $627 |
| 2009 | — | $145,071 | $145,071 | $3,900 |
| 2009 | — | $318,362 | $318,362 | $4,769 |
| 2009 | — | $53,082 | $53,082 | $624 |
| 2008 | — | $142,227 | $142,227 | $3,868 |
| 2008 | — | $312,120 | $312,120 | $4,699 |
| 2008 | — | $52,042 | $52,042 | $615 |
| 2007 | — | $306,000 | $306,000 | $4,634 |
| 2007 | — | $51,022 | $51,022 | $606 |
Property facts
Year built
—
Property type
land
Stories
—
Beds
—
Baths
—
Living area
—
Lot size
101,495 sqft
ZIP code
92028
City
Fallbrook
Street
Rainbow Heights Rd
Coordinates
33.40815, -117.13954
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsFrequently asked questions
When did 5540 Rainbow Heights Rd last sell?
5540 Rainbow Heights Rd most recently sold on Apr 28, 2022 for $230,000.
What is the current tax assessment for 5540 Rainbow Heights Rd?
The most recent total assessment for 5540 Rainbow Heights Rd (year 2025) is $244,077 with $2,588 in property tax.
How does 5540 Rainbow Heights Rd's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $230,000.
When was 5540 Rainbow Heights Rd built?
The year built for 5540 Rainbow Heights Rd is not in our records.
How does 5540 Rainbow Heights Rd compare to others on Rainbow Heights Rd?
We track 8 other properties on Rainbow Heights Rd. Browse the list under "Other properties on Rainbow Heights Rd" to compare beds, baths, and sale history.
What are the property facts for 5540 Rainbow Heights Rd?
5540 Rainbow Heights Rd is a 101,495 sqft lot land.
Is 5540 Rainbow Heights Rd a flip candidate?
No — 5540 Rainbow Heights Rd does not appear in our flips dataset.
Is 5540 Rainbow Heights Rd a tax-appeal candidate?
No — 5540 Rainbow Heights Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.3%
Implied 1-yr
-1.1%
2026 Q3
$785K
2026 Q4
$782.9K
ZIP 92028 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Rainbow Heights Rd