7450 Rainbow Heights Rd
Fallbrook, CA 92028
5 bd 6 ba 4,736 sqft Built 2005 Lot 433,422 sqft single_family
Most recent sale
$2,000,000
Mar 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 23, 2022 | Sold | $2,000,000 | MLS #SW22057931 |
| Sep 18, 2021 | Listed | $2,995,000 | MLS #NDP2110870 |
| Aug 10, 2021 | Price changed | $2,995,000 | MLS #NDP2107705 |
| Jul 3, 2021 | Listed | $3,300,000 | MLS #NDP2107705 |
| Jul 29, 2002 | Sold | $150,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $1,061,208 | $1,061,208 | $2,122,416 | $22,944 |
| 2024 | $1,061,208 | $1,061,208 | $2,122,416 | $22,631 |
| 2023 | $971,000 | $970,000 | $1,941,000 | $21,056 |
| 2022 | $1,033,008 | $244,119 | $1,277,127 | $14,018 |
| 2021 | $1,012,753 | $239,333 | $1,252,086 | $13,674 |
| 2020 | $1,002,369 | $236,879 | $1,239,248 | $13,703 |
| 2019 | $982,715 | $232,235 | $1,214,950 | $28,984 |
| 2018 | $963,447 | $227,682 | $1,191,129 | $28,663 |
| 2017 | $800,000 | $200,000 | $1,000,000 | $26,589 |
| 2016 | $695,000 | $200,000 | $895,000 | $25,449 |
| 2015 | $695,000 | $200,000 | $895,000 | $25,446 |
| 2014 | $695,000 | $200,000 | $895,000 | $9,816 |
| 2013 | $695,000 | $200,000 | $895,000 | $9,780 |
| 2012 | $867,936 | $206,253 | $1,074,189 | $12,569 |
| 2010 | $850,918 | $202,209 | $1,053,127 | $13,369 |
| 2009 | $846,566 | $201,175 | $1,047,741 | $13,257 |
| 2008 | $805,967 | $197,231 | $1,003,198 | $12,728 |
| 2007 | $747,027 | $193,364 | $940,391 | $11,984 |
Property facts
Year built
2005
Property type
single_family
Stories
1
Beds
5
Baths
6
Living area
4,736 sqft
Lot size
433,422 sqft
ZIP code
92028
City
Fallbrook
Street
Rainbow Heights Rd
Coordinates
33.42271, -117.11563
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$15,155
Gross rental yield
9.09%
Implied cap rate
5.91%
Trend-extrapolated value
—
Frequently asked questions
When did 7450 Rainbow Heights Rd last sell?
7450 Rainbow Heights Rd most recently sold on Mar 23, 2022 for $2,000,000.
What is the current tax assessment for 7450 Rainbow Heights Rd?
The most recent total assessment for 7450 Rainbow Heights Rd (year 2025) is $2,122,416 with $22,944 in property tax.
How does 7450 Rainbow Heights Rd's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $2,000,000.
When was 7450 Rainbow Heights Rd built?
7450 Rainbow Heights Rd was built in 2005.
How does 7450 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 7450 Rainbow Heights Rd?
7450 Rainbow Heights Rd is a 5 bed, 6 bath, 4,736 sqft, 433,422 sqft lot single_family.
Is 7450 Rainbow Heights Rd a flip candidate?
No — 7450 Rainbow Heights Rd does not appear in our flips dataset.
Is 7450 Rainbow Heights Rd a tax-appeal candidate?
No — 7450 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