NOT LISTED FOR SALE

1324 Lorenzo Dr Fallbrook, CA 92028

Estimated Value: $959,000 - $1,245,000

4 Beds
3 Baths
2,308 Sq Ft
$464/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $969,000 $420 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,063/month

6 Days on Market

Highlights

  • RV Access or Parking
  • Panoramic View
  • No HOA
  • La Paloma Elementary School Rated 9+
  • Hydromassage or Jetted Bathtub
  • Breakfast Area or Nook

About This Home

As of September 2022

VIEWS VIEWS VIEWS!! Welcome home to 1324 Lorenzo Drive in gorgeous Fallbrook, California. Nestled in the Fallbrook foothills, this gorgeous 4 bedroom, 3 bath custom single-story home sits on an expansive 1.5 acre lot with incredible views at every turn. From the moment you drive up you’ll notice the serene curb appeal, oversized driveway with RV parking and cozy courtyard, welcoming you home. As you enter, you’ll immediately notice the open concept layout, abundance of natural light throughout and stunning views to the west. Enjoy sunsets from the kitchen, living room, breakfast nook, master bedroom, master bath and the secondary bedroom! This floorplan offers two additional bedrooms at the north end by the primary suite and a secondary junior primary with a three-quarter bath offering direct access to the backyard. The kitchen offers an eating nook, plenty of cabinet and counter space, an oversize pantry and gorgeous views of the inviting backyard. This backyard offers everything you've been looking for!! Including a built-in barbecue area, pergola, gorgeous greenery (including fruit trees and 4 producing avocado trees!) and absolutely stunning views. You can’t go wrong! The oversized garage offers extra storage and a bonus room above the garage, perfect for an in-home gym, craft room or loft space. Don't miss your opportunity to tour Lorenzo Dr today!

Last Agent to Sell the Property

Amber Treat

Century 21 Masters License #01979143 Listed on: 08/05/2022

Century 21 Masters

Last Buyer's Agent

Lindsey Schaefer

Rawson & Associates License #01355973

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • 1.46 Acre Lot
  • Lot Has A Rolling Slope
  • Value in Land
  • Property is zoned A70

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Three Garage Doors
  • Driveway Up Slope From Street
  • RV Access or Parking

Property Views

  • Panoramic
  • Woods
  • Orchard Views
  • Hills

Home Design

  • Patio Home

Interior Spaces

  • 2,308 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Separate Shower

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Fallbrook Subdivision
  • Foothills
  • Mountainous Community

Listing and Financial Details

  • Tax Lot 7520
  • Tax Tract Number 16488
  • Assessor Parcel Number 1063706000
  • $63 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Zoning: A70
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1063706000
  • Year Built: 1993
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2308.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room, In Kitchen
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 419.84
  • Room Type: Kitchen, Laundry, Walk-In Closet, Walk-In Pantry
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Jetted Tub, Privacy Toilet Door, Separate Tub And Shower, Soaking Tub
  • Room Kitchen Features: Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • View: Hills, Orchard, Panoramic, Trees/Woods
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Driveway Up Slope From Street, Garage, Garage - Three Door, Oversized, RV Access/Parking
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft, Patio Home, Ranch, Rolling Slope, Value In Land
  • Lot Size Sq Ft: 63598.00
  • Lot Size Acres: 1.4600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 63598.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 188.01
  • Tax Lot: 7520
  • Tax Tract Number: 16488
  • TaxOtherAnnualAssessmentAmount: 63.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Aug 16, 2022
Sold by
Raines and Lisa
Bought by
John S Rasmussen And Loretta Ann Larson-Rasmu
Seller's Agent
Amber Treat
Century 21 Masters
Buyer's Agent
Lindsey Schaefer
Rawson & Associates
List Price
$989,900
Sold Price
$969,000
Premium/Discount to List
-$20,900
-2.11%
Views
8
Current Estimated Value
$1,070,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,830
Avg. Annual Appreciation
3.07%
Original Mortgage
$400,000
Outstanding Balance
$381,235
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$689,595

Purchase Details

Listed on
Dec 20, 2017
Closed on
Apr 3, 2018
Sold by
Tyrrell Sean S and Tyrrell Marcia D
Bought by
Raines Kenneth and Raines Lisa
Seller's Agent
Lacy Williams
Williams & Co. Real Estate
Buyer's Agent
Amber Treat
Century 21 Masters
List Price
$665,000
Sold Price
$649,000
Premium/Discount to List
-$16,000
-2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.34%
Original Mortgage
$584,100
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 23, 2016
Closed on
Jun 20, 2016
Sold by
Platt J George and Platt Linda
Bought by
Tyrrell Sean S and Tyrrell Marcia D
Seller's Agent
Jo Ann Rapaszky
Windermere Homes & Estates
Buyer's Agent
Lacy Williams
First Team Real Estate
List Price
$565,000
Sold Price
$565,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$582,896
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Jan 21, 1999
Sold by
Jill Carter and Jill Alan L
Bought by
Platt J George and Platt Linda

Purchase Details

Closed on
Apr 29, 1996
Sold by
Carter David and Carter Jill
Bought by
Carter Jill

Purchase Details

Closed on
Apr 30, 1993

Purchase Details

Closed on
Mar 16, 1992
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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
John S Rasmussen And Loretta Ann Larson-Rasmu $969,000 Chicago Title
Raines Kenneth $649,000 Lawyers Title Company
Tyrrell Sean S $565,000 Ticor Title San Diego
Platt J George $317,500 First American Title
Carter Jill -- --
-- $292,500 --
-- $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open John S Rasmussen And Loretta Ann Larson-Rasmu $400,000
Previous Owner Raines Kenneth $584,100
Previous Owner Tyrrell Sean S $582,896
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2022 09/30/22 Sold $969,000 -2.1% $420 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $989,900 +52.5% $429 / Sq Ft
04/04/2018 04/04/18 Sold $649,000 -0.1% $281 / Sq Ft View Prior Sale
02/21/2018 02/21/18 Pending -- -- --
01/16/2018 01/16/18 Price Changed $649,900 -2.3% $282 / Sq Ft
12/22/2017 12/22/17 For Sale $665,000 +2.5% $288 / Sq Ft
12/21/2017 12/21/17 Off Market $649,000 -- --
12/20/2017 12/20/17 For Sale $665,000 +17.7% $288 / Sq Ft
07/20/2016 07/20/16 Sold $565,000 0.0% $245 / Sq Ft View Prior Sale
06/04/2016 06/04/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $565,000 -- $245 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,233 $598,000 $235,612 $362,388
2024 $6,233 $586,276 $230,993 $355,283
2023 $6,054 $574,781 $226,464 $348,317
2022 $7,482 $695,855 $273,905 $421,950
2021 $7,234 $682,212 $268,535 $413,677
2020 $7,293 $675,218 $265,782 $409,436
2019 $7,150 $661,979 $260,571 $401,408
2018 $6,251 $576,299 $226,845 $349,454
2017 $752 $565,000 $222,398 $342,602
2016 $3,241 $300,911 $118,446 $182,465
2015 $3,182 $296,392 $116,667 $179,725
2014 $3,121 $290,587 $114,382 $176,205
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW22171643

California Regional Multiple Listing Service (CRMLS)

APN: 106-370-60