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6489 Rainbow Heights Rd

Fallbrook, CA 92028

3 bd 4 ba 2,415 sqft Built 1983 Lot 111,078 sqft single_family
Most recent sale
$980,000
Jan 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 11, 2025 Price changed for rent $3,800 Rently
Jun 12, 2025 Price changed for rent $3,995 Rently
May 10, 2025 Listed for rent $4,200 AppfolioUnits
Apr 23, 2025 Price changed for rent $4,200 TenantTurner
Mar 19, 2025 Price changed for rent $4,620 TenantTurner
Feb 15, 2025 Price changed for rent $4,045 TenantTurner
Feb 10, 2025 Listed for rent $4,375 Rent.
Feb 1, 2025 Listed for rent $4,375 TenantTurner
Nov 23, 2024 Price changed for rent $4,375 Rent.
Nov 21, 2024 Listed for rent $4,375 Zumper
Nov 16, 2024 Price changed for rent $4,375 Zumper
Nov 11, 2024 Listed for rent $4,500 Rent.
Nov 9, 2024 Listed for rent $4,500 Zumper
Jul 8, 2023 Listed for rent $3,700 AppfolioUnits
Jan 31, 2022 Sold $980,000 MLS #210030182
Dec 8, 2021 Relisted $850,000 MLS #210030182
Nov 30, 2021 Price changed $850,000 MLS #210030182
Oct 30, 2021 Listed $775,000 MLS #210030182
Feb 29, 2016 Sold $490,000 MLS #150051264
Dec 16, 2015 Relisted $525,000 MLS #150051264
Oct 12, 2015 Listing removed $525,000 SanDiegoMLS
Sep 18, 2015 Listed $525,000 MLS #150051264
Sep 15, 2000 Sold $376,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $615,500 $424,483 $1,039,983 $11,216
2024 $615,500 $424,483 $1,039,983 $11,030
2023 $591,600 $408,000 $999,600 $10,774
2022 $319,821 $226,778 $546,599 $5,907
2021 $313,550 $222,332 $535,882 $5,758
2020 $310,335 $220,053 $530,388 $5,768
2019 $304,250 $215,739 $519,989 $5,622
2018 $298,285 $211,509 $509,794 $5,487
2017 $292,437 $207,362 $499,799 $5,377
2016 $280,031 $198,566 $478,597 $5,141
2015 $275,825 $195,584 $471,409 $5,061
2014 $270,422 $191,753 $462,175 $4,950
2013 $269,200 $190,887 $460,087 $4,910
2012 $263,922 $187,145 $451,067 $4,836
2010 $258,748 $183,476 $442,224 $4,683
2009 $257,426 $182,538 $439,964 $4,634
2008 $252,379 $178,959 $431,338 $4,553
2007 $247,431 $175,450 $422,881 $4,480

Property facts

Year built
1983
Property type
single_family
Stories
2
Beds
3
Baths
4
Living area
2,415 sqft
Lot size
111,078 sqft
ZIP code
92028
City
Fallbrook
Street
Rainbow Heights Rd
Coordinates
33.40247, -117.12867

Comparable properties nearby

Block-level micro-comps

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

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,728
Gross rental yield
9.46%
Implied cap rate
6.15%
Trend-extrapolated value

Frequently asked questions

When did 6489 Rainbow Heights Rd last sell?
6489 Rainbow Heights Rd most recently sold on Jan 31, 2022 for $980,000.
What is the current tax assessment for 6489 Rainbow Heights Rd?
The most recent total assessment for 6489 Rainbow Heights Rd (year 2025) is $1,039,983 with $11,216 in property tax.
How does 6489 Rainbow Heights Rd's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $980,000.
When was 6489 Rainbow Heights Rd built?
6489 Rainbow Heights Rd was built in 1983.
How does 6489 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 6489 Rainbow Heights Rd?
6489 Rainbow Heights Rd is a 3 bed, 4 bath, 2,415 sqft, 111,078 sqft lot single_family.
Is 6489 Rainbow Heights Rd a flip candidate?
No — 6489 Rainbow Heights Rd does not appear in our flips dataset.
Is 6489 Rainbow Heights Rd a tax-appeal candidate?
No — 6489 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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