NOT LISTED FOR SALE

1042 Rice Canyon Rd Fallbrook, CA 92028

Estimated Value: $939,000 - $1,090,000

4 Beds
3 Baths
2,530 Sq Ft
$403/Sq Ft Est. Value

Last Sold October 18, 2020

Last sale price $670,000 $265 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,986/month

154 Days on Market

Highlights

  • Solar Power System
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Near a National Forest
  • Property Near a Canyon
  • Mediterranean Architecture

About This Home

As of October 2020

This gorgeous country property is a special estate that marries a peaceful layout w/ incredible mountain views. Previous owner set up an alternative power home run on a solar panel system. Many upgrades have been made. Hardwood flooring is present throughout this home. Stainless steel appliances & a large walk-in pantry are special features of the spacious kitchen. A cozy sitting area, romantic fireplace, & a spa jet tub are just a few features that make the French doors leading out to the balcony more .. This gorgeous country property is a special estate that marries a peaceful layout with incredible mountain views. Previous owner set up an alternative power home run on a solar panel system. Many upgrades have been made. Hardwood flooring is present throughout this home. Stainless steel appliances and a large walk-in pantry are special features of the spacious kitchen. A cozy sitting area, romantic fireplace, and a spa jet tub are just a few features that make the French doors leading out to the balcony more special. This agricultural property features an auto watering system for approximately 80 Haas avocado trees situated on 3.35 acres, which can become a source of additional income.

Last Agent to Sell the Property

Olga Hooks

Berkshire Hathway HomeServ License #01324954 Listed on: 04/06/2020

Last Buyer's Agent

Amerie McGee

Realty One Group Pacific License #02086128

Realty One Group Pacific

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 3.35 Acre Lot
  • Property Near a Canyon
  • Open Space
  • Stucco Fence
  • Private Yard
  • Property is zoned AGRICULTUR

Parking

  • 4 Car Attached Garage
  • Parking Available
  • Garage Door Opener
  • Auto Driveway Gate

Home Design

  • Mediterranean Architecture
  • Clay Roof

Interior Spaces

  • 2,530 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Game Room

Kitchen

  • Stove
  • Range
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Eco-Friendly Details

  • Solar Power System

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Septic System

Community Details

  • Association fees include exterior bldg maintenance
  • Near a National Forest

Listing and Financial Details

  • Assessor Parcel Number 108-320-13-00

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Mediterranean/Spanish
  • Residential Styles: Detached
  • Market Area: North County
  • Cross Street: Rainbow Valley Blvd.
  • Neighborhood: Rainbow
  • Supplement: This gorgeous country property is a special estate that marries a peaceful layout with incredible mountain views. Previous owner set up an alternative power home run on a solar panel system. Many upgrades have been made. Hardwood flooring is present throughout this home. Stainless steel appliances and a large walk-in pantry are special features of the spacious kitchen. A cozy sitting area, romantic fireplace, and a spa jet tub are just a few features that make the French doors leading out to the balcony more special. This agricultural property features an auto watering system for approximately 80 Haas avocado trees situated on 3.35 acres, which can become a source of additional income.
  • Estimated Living Space: 2,500 to 2,999 SqFt
  • LP / Sq Ft: 272.33
  • Price Per Sq Ft: 264.82
  • SP/ Sq Ft: 264.82
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 1979
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Equipment Available: Garage Door Opener, Microwave, Solar Panels, Electric Stove, Gas & Electric Range
  • Fireplaces: 1
  • Fireplace: Fp In Master Br
  • Searchable Rooms: Dining Area, Dining Room/Separate, Optional Bedrooms, Game Room, Kitchen, Living Room, Master Bathroom
  • Total Bedrooms: 4
  • Bedrooms: 4
  • Master Bedroom Dimensions: 16x45
  • Full Bathrooms: 3
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 2530
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Unknown
  • Fencing: Privacy, Stucco Wall
  • Frontage: BLM/National Forest, Open Space
  • Roof: Tile/Clay
  • Exclusive Use Yard: Yes

Garage/Parking

  • Garage Details: Attached, Garage Door Opener
  • Garage Spaces: 4
  • Non Garage Parking: Auto Driveway Gate, Oversized, Parking Space
  • Parking Spaces Total: 7

Utilities

  • Cooling: Central Forced Air, Heat Pump(s)
  • Laundry Utilities: Gas & Electric Dryer HU
  • Security: Automatic Gate
  • Sewer/Septic: Septic Installed
  • Water: Public
  • Heating: Forced Air Unit
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: FALLBROOK
  • Home Owner Association Fee Includes: Exterior Bldg Maintenance

Lot Info

  • Lot Size: 2+ to 4 AC
  • Topography: Canyon/Valley
  • Zoning: AGRICULTUR
  • Additional Property Use: Grove
  • Assessor Parcel Number: 108-320-13-00
  • Estimated Lot Sq Ft: 145926
  • Estimated Number of Acres: 3.35
  • Map Code Column: A
  • Map Code Page: 1029
  • Map Code Row: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2020
Closed on
Sep 11, 2020
Sold by
Gemmill William Russell and Estate Of William D Gemmill
Bought by
Bahena Israel and Bahena Maria
Seller's Agent
Olga Hooks
Berkshire Hathway HomeServ
Buyer's Agent
Amerie McGee
Realty One Group Pacific
List Price
$750,000
Sold Price
$670,000
Premium/Discount to List
-$80,000
-10.67%
Current Estimated Value
$1,019,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,477
Avg. Annual Appreciation
8.42%
Original Mortgage
$502,500
Outstanding Balance
$445,936
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$573,541

Purchase Details

Closed on
Jul 24, 2012
Sold by
Gemmill William D and Gemmnill Avis E
Bought by
Gemmill William D and Gemmill Avis E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2002
Sold by
Lindstrom Michael J and Lindstrom Sharon Rae
Bought by
Gemmill William D and Gemmill Avis E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.94%

Purchase Details

Closed on
Apr 22, 1997
Sold by
Independent National Mortgage Corp
Bought by
Lindstrom Michael J and Lindstrom Sharon Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.96%

Purchase Details

Closed on
Jul 11, 1996
Sold by
Ruddell Melvin W and Ruddell Peggy J
Bought by
Independent National Mtg Corp

Purchase Details

Closed on
Jan 7, 1993

Purchase Details

Closed on
Oct 19, 1988
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bahena Israel $670,000 Pacific Coast Title Company
Gemmill William D -- Servicelink
Gemmill William D $375,000 American Title Ins Co
Lindstrom Michael J $165,000 Landsafe Title
Independent National Mtg Corp $179,243 Chicago Title Co
-- $242,000 --
-- $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bahena Israel $502,500
Previous Owner Gemmill William D $390,000
Previous Owner Gemmill William D $255,000
Previous Owner Lindstrom Michael J $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2020 10/18/20 Sold $670,000 0.0% $265 / Sq Ft
10/07/2020 10/07/20 Sold $670,000 -2.8% $265 / Sq Ft View Prior Sale
09/16/2020 09/16/20 Pending -- -- --
04/28/2020 04/28/20 Price Changed $689,000 0.0% $272 / Sq Ft
04/28/2020 04/28/20 Price Changed $689,000 -8.1% $272 / Sq Ft
04/06/2020 04/06/20 For Sale $750,000 0.0% $296 / Sq Ft
03/19/2020 03/19/20 For Sale $750,000 +11.9% $296 / Sq Ft
03/18/2020 03/18/20 Off Market $670,000 -- --
03/16/2020 03/16/20 For Sale $750,000 -- $296 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,728 $746,452 $411,111 $335,341
2024 $7,728 $731,816 $403,050 $328,766
2023 $7,542 $717,468 $395,148 $322,320
2022 $7,438 $670,000 $258,471 $411,529
2021 $7,040 $670,000 $258,471 $411,529
2020 $5,356 $506,538 $195,411 $311,127
2019 $5,253 $496,607 $191,580 $305,027
2018 $5,165 $486,871 $187,824 $299,047
2017 $930 $477,326 $184,142 $293,184
2016 $4,945 $467,968 $180,532 $287,436
2015 $4,868 $460,940 $177,821 $283,119
2014 $4,762 $451,912 $174,338 $277,574
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2020

    Olga Hooks

    Berkshire Hathway HomeServ

  • Amerie McGee

    Buyer's Agent in 2020

    Amerie McGee

    Realty One Group Pacific

    (951) 239-7381

    32 Total Sales

    Amerie McGee
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Map

Source: San Diego MLS

MLS Number: 200016190

San Diego MLS

APN: 108-320-13

California San Diego County Fallbrook 92028

1042 Rice Canyon Rd, Fallbrook, CA

Not Listed for Sale

Detached

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