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5695 Rainbow Heights Rd

Fallbrook, CA 92028

4 bd 3 ba 1,893 sqft Built 1968 Lot 67,082 sqft single_family
Most recent sale
$610,000
Jun 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 13, 2023 Sold $940,000 SanDiegoMLS
Jun 13, 2022 Sold $610,000 MLS #220010392
Apr 30, 2022 Listed $580,000 MLS #220010392
Jan 8, 2001 Sold $320,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $360,728 $617,246 $977,974 $10,217
2024 $360,728 $617,246 $977,974 $10,029
2023 $229,500 $392,700 $622,200 $6,498
2022 $73,078 $49,871 $122,949 $1,266
2021 $71,646 $48,894 $120,540 $1,233
2020 $70,912 $48,393 $119,305 $1,238
2019 $69,522 $47,445 $116,967 $1,213
2018 $68,159 $46,515 $114,674 $1,192
2017 $66,823 $45,603 $112,426 $1,167
2016 $65,513 $44,709 $110,222 $1,138
2015 $64,529 $44,038 $108,567 $1,120
2014 $63,265 $43,176 $106,441 $1,096
2013 $62,980 $42,981 $105,961 $1,087
2012 $61,746 $42,139 $103,885 $1,070
2010 $60,084 $41,005 $101,089 $1,036
2009 $60,227 $41,103 $101,330 $1,031
2008 $59,047 $40,298 $99,345 $1,012
2007 $57,890 $39,508 $97,398 $995

Property facts

Year built
1968
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
1,893 sqft
Lot size
67,082 sqft
ZIP code
92028
City
Fallbrook
Street
Rainbow Heights Rd
Coordinates
33.40440, -117.13978

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,058
Gross rental yield
11.92%
Implied cap rate
7.75%
Trend-extrapolated value

Frequently asked questions

When did 5695 Rainbow Heights Rd last sell?
5695 Rainbow Heights Rd most recently sold on Jun 13, 2022 for $610,000.
What is the current tax assessment for 5695 Rainbow Heights Rd?
The most recent total assessment for 5695 Rainbow Heights Rd (year 2025) is $977,974 with $10,217 in property tax.
How does 5695 Rainbow Heights Rd's assessment compare to its last sale price?
The current assessment is 60.3% above the last sale price of $610,000.
When was 5695 Rainbow Heights Rd built?
5695 Rainbow Heights Rd was built in 1968.
How does 5695 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 5695 Rainbow Heights Rd?
5695 Rainbow Heights Rd is a 4 bed, 3 bath, 1,893 sqft, 67,082 sqft lot single_family.
Is 5695 Rainbow Heights Rd a flip candidate?
Yes — 5695 Rainbow Heights Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5695 Rainbow Heights Rd a tax-appeal candidate?
No — 5695 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 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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