Unique property on a flat, all usable 2.69 acres in the middle of Rainbow. Property is all fenced, with gated entrance off 5th street. Main home is a single story home and consists of 3BR, 2BA with a large family room with fireplace, "sun room" with an additional fireplace and another large living room with skylight. There is tile and carpet throughout home as flooring. Two bedrooms have walk-in closet. An additional skylight in master BA. Lots of storage with pantry, coat closets and linen closets. Laundry in a separate room with sink. Freestanding 3 car garage with large workshop on the side. Garage has an upstairs loft which could be turned into a separate living quarter. Several additional freestanding sheds/storage units on property. Home is older but comes with lots of potential for the right buyer. Zoned "RR", Rural Residential which enhance residential areas with agricultural uses. Home is only minutes from I-15 freeway and 10 minutes to downtown Temecula. A must see before it is gone.
Sold for $854,000
Listed by: California Realty Group • Kimmen Torehov • Contact: 888-715-1478
Bought with: SimpliHOM, Inc
$854,000
5347 5th St, Fallbrook, CA 92028
3beds
2,041sqft
Single Family Residence
Built in 1973
2.69 Acres Lot
$1,028,100 Zestimate®
$418/sqft
$3,416 Estimated rent
Home value
$1,028,100
$946,000 - $1.12M
$3,416/mo
Zestimate® history
Owner options
List your home for rent
$3,416/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,416/mo
Rent Zestimate®
Refinance and save
$5,401/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$5,401/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Kimmen Torehov DRE #01208081 888-715-1478,
California Realty Group
Bought with:
Adam Nogueira, DRE #01996597
SimpliHOM, Inc
Source: CRMLS,MLS#: SW23114136
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Bedroom, Family Room, Living Room, Primary Bathroom, Primary Bedroom
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: Bedroom on Main Level
Cooling
- Central Air
Appliances
- Included: Dishwasher, Free-Standing Range
- Laundry: Inside, Laundry Room
Features
- All Bedrooms Down, Bedroom on Main Level, Main Level Primary
- Has fireplace: Yes
- Fireplace features: Family Room, Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,041 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Features
- Levels: One
- Stories: 1
- Entry location: Front door
- Pool features: None
- Has view: Yes
- View description: Hills
Lot
- Size: 2.69 Acres
- Features: Agricultural, Lot Over 40000 Sqft, Rectangular Lot, Street Level, Value In Land
Details
- Parcel number: 1024303800
- Zoning: RR
- Special conditions: Trust
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Septic Type Unknown
- Water: Public
Community & HOA
Community
- Features: Rural, Valley
- Subdivision: Fallbrook
Location
- Region: Fallbrook
Financial & listing details
- Price per square foot: $418/sqft
- Tax assessed value: $871,080
- Annual tax amount: $9,128
- Date on market: 6/28/2023
- Cumulative days on market: 11 days
- Listing terms: Cash,Conventional,FHA,Fannie Mae,Submit,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 11/2/2025 | Listing removed | $1,500,000-6.3%$735/sqft |
Source:  SDMLS #NDP2506310 Report a problem | ||
| 6/27/2025 | Listed for sale | $1,600,000+87.4%$784/sqft |
Source: SDMLS #NDP2506310 Report a problem | ||
| 8/22/2023 | Sold | $854,000+0.6%$418/sqft |
Source:  CRMLS #SW23114136 Report a problem | ||
| 7/10/2023 | Pending sale | $849,000$416/sqft |
Source: CRMLS #SW23114136 Report a problem | ||
| 6/30/2023 | Listed for sale | $849,000$416/sqft |
Source: CRMLS #SW23114136 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,128 +1.7% | $871,080 +2% |
| 2024 | $8,977 +844.3% | $854,000 +854.9% |
| 2023 | $951 +1.5% | $89,430 +2% |
| 2022 | $937 +2.6% | $87,678 +2% |
| 2021 | $913 -0.3% | $85,960 +1% |
| 2020 | $916 +14.3% | $85,080 +2% |
| 2019 | $801 -9.3% | $83,412 +2% |
| 2018 | $883 +2.1% | $81,777 +2% |
| 2017 | $865 +2.5% | $80,174 +2% |
| 2016 | $844 +1.5% | $78,603 +1.5% |
| 2015 | $831 +2.1% | $77,423 +2% |
| 2014 | $814 | $75,907 +0.5% |
| 2013 | -- | $75,565 +2% |
| 2012 | -- | $74,085 +2% |
| 2011 | -- | $72,634 +0.8% |
| 2010 | -- | $72,092 -0.2% |
| 2009 | -- | $72,265 +2% |
| 2008 | -- | $70,849 +2% |
| 2007 | -- | $69,461 +2% |
| 2006 | -- | $68,100 +2% |
| 2005 | -- | $66,766 +2% |
| 2004 | -- | $65,458 +1.9% |
| 2003 | -- | $64,259 +2% |
| 2002 | -- | $63,000 +2% |
| 2001 | -- | $61,765 |
Find assessor info on the county website
Neighborhood: 92028
Nearby homes
- $785,7003 bd2 ba1.1k sqft5337 5th St, Fallbrook, CA 92028Off Market
- $669,9003 bd2 ba1.1k sqft5342 5th St, Fallbrook, CA 92028Off Market
- $12,650-- bd-- ba-- sqft5342 5th St, Fallbrook, CA 92028Off Market
- $450,0002.71 Acres2205 Rainbow Valley Blvd, Fallbrook, CA 92028Sold
- $780,7003 bd2 ba1.1k sqft5406 5th St, Fallbrook, CA 92028Off Market
- $104,533-- bd-- ba-- sqft5406 5th St, Fallbrook, CA 92028Off Market
- $230,0000.344 Acres2233 Rainbow Valley Blvd, Fallbrook, CA 92028Sold
- $230,0000.4 Acres2233 Rainbow Valley Blvd #0, Fallbrook, CA 92028Sold
Nearby schools
GreatSchools rating
- 6/10Vallecitos Elementary SchoolGrades: K-8Distance: 0.2 mi
- 6/10Fallbrook High SchoolGrades: 9-12Distance: 7.1 mi
Schools provided by the listing agent
- High: Fallbrook
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,028,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,028,100
- California
- San Diego County
- Fallbrook
- 92028
- 5347 5th St
Nearby cities
Nearby zip codes
Other Fallbrook Topics
