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6495 Rainbow Heights Rd

Fallbrook, CA 92028

4 bd 4 ba 2,356 sqft Built 1968 Lot 37,897 sqft single_family
Most recent sale
$600,000
Sep 17, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 20, 2022 Sold $905,000 CRMLS
Oct 27, 2022 Price changed $959,000 MLS #NDP2209480
Oct 1, 2022 Price changed $989,900 MLS #NDP2209480
Sep 14, 2022 Listed $995,000 MLS #NDP2209480
Jun 25, 2022 Price changed $948,500 MLS #NDP2203954
Jun 16, 2022 Price changed $949,000 MLS #NDP2203954
May 25, 2022 Price changed $995,000 MLS #NDP2203954
Apr 29, 2022 Listed $1,150,000 MLS #NDP2203954
Sep 17, 2021 Sold $600,000 MLS #OC21161460
Jul 23, 2021 Listed $649,000 MLS #OC21161460
May 6, 2021 Listed $665,000 MLS #NDP2104965
Feb 21, 2002 Sold $235,000 Public Record
May 4, 1998 Sold $186,000 Public Record
Jul 2, 1979 Sold $46,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $706,171 $235,390 $941,561 $10,057
2024 $706,171 $235,390 $941,561 $9,872
2023 $678,750 $226,250 $905,000 $9,714
2022 $450,000 $150,000 $600,000 $6,516
2021 $107,439 $39,466 $146,905 $1,542
2020 $106,338 $39,062 $145,400 $1,544
2019 $104,253 $38,297 $142,550 $1,504
2018 $102,209 $37,547 $139,756 $1,467
2017 $100,205 $36,811 $137,016 $1,436
2016 $98,241 $36,090 $134,331 $1,404
2015 $96,766 $35,548 $132,314 $1,381
2014 $94,871 $34,852 $129,723 $1,351
2013 $94,443 $34,695 $129,138 $1,340
2012 $92,592 $34,015 $126,607 $1,319
2010 $90,099 $33,100 $123,199 $1,276
2009 $90,314 $33,179 $123,493 $1,263
2008 $88,544 $32,529 $121,073 $1,240
2007 $86,808 $31,892 $118,700 $1,219

Property facts

Year built
1968
Property type
single_family
Stories
1
Beds
4
Baths
4
Living area
2,356 sqft
Lot size
37,897 sqft
ZIP code
92028
City
Fallbrook
Street
Rainbow Heights Rd
Coordinates
33.40223, -117.12918

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
$3,600
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 6495 Rainbow Heights Rd last sell?
6495 Rainbow Heights Rd most recently sold on Sep 17, 2021 for $600,000.
What is the current tax assessment for 6495 Rainbow Heights Rd?
The most recent total assessment for 6495 Rainbow Heights Rd (year 2025) is $941,561 with $10,057 in property tax.
How does 6495 Rainbow Heights Rd's assessment compare to its last sale price?
The current assessment is 56.9% above the last sale price of $600,000.
When was 6495 Rainbow Heights Rd built?
6495 Rainbow Heights Rd was built in 1968.
How does 6495 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 6495 Rainbow Heights Rd?
6495 Rainbow Heights Rd is a 4 bed, 4 bath, 2,356 sqft, 37,897 sqft lot single_family.
Is 6495 Rainbow Heights Rd a flip candidate?
Yes — 6495 Rainbow Heights Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 6495 Rainbow Heights Rd a tax-appeal candidate?
No — 6495 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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