NOT LISTED FOR SALE

1508 Via Ladera Fallbrook, CA 92028

Estimated Value: $310,801 - $354,000

5 Acres
$61,507 Price per Acre
236,966 Sq Ft Lot

Last Sold April 24, 2024

Last sale price $315,000

Est. 6% increase in value since last sale

Current estimated payment $2,083/month

74 Days on Market

Highlights

  • Panoramic View
  • No HOA
  • Foothills
  • 5.44 Acre Lot
  • Agricultural
  • Gentle Sloping Lot

About This Lot

As of April 2024

Beautiful Rainbow property ready to build your custom view home, retreat or compound in the serene picturesque hills of North San Diego County! Seller has invested over $75K in engineering, septic and soils work offering substantial cost savings and time! This gentle 5.44 acre lot is located within a private gated community offering panoramic western views, seasonal stream, waterfall, and architectural boulder outcroppings. The Rainbow Heights are truly a hidden gem perfect for those seeking solitude and a serene lifestyle! Create a tranquil paradise getaway with only a few miles to freeway access, shopping and wineries. Located between LA and SD, approx. 90 miles to LAX and 45 miles to SD International Airport. Lot includes 1.5” water meter, power and hydrant close by. Engineering and building plans available for a modern 3bed/ 2 bath view home and 2 bedroom ADU.

Last Listed By

Kimberly Cox

Kimberly Ann Cox, Broker Brokerage Email: 4kimberlycox@gmail.com License #01385381 Listed on: 12/12/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,738

Lot Details

  • 5.44 Acre Lot
  • Rural Setting
  • Gentle Sloping Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned Agricultural

Additional Features

  • Panoramic Views
  • Agricultural

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Assessor Parcel Number 1092406200

Property Details

Property Type

Land

Est. Annual Taxes

$2,738

Lot Details

0

Listing Details

  • Assessments: No
  • View: Yes
  • Zoning: Agricultural
  • Property Type: Land
  • Parcel Number: 1092406200
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 1.33

Exterior Features

  • View: Panoramic
  • Fence: No

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Agricultural, Gentle Sloping
  • Lot Size Sq Ft: 236966.40
  • Lot Size Acres: 5.4400

Multi Family

  • Lot Size Area: 5.4400 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2023
Closed on
Mar 1, 2024
Sold by
Rad Payman
Bought by
Blake Jason and Blaskovich Joelyn Rene
Seller's Agent
Kimberly Cox
Kimberly Ann Cox, Broker
Buyer's Agent
Julie A Pegg
ACE Realty, Inc.
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Total Days on Market
74
Views
129
Current Estimated Value
$334,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,600
Avg. Annual Appreciation
6.04%

Purchase Details

Closed on
Nov 25, 2020
Sold by
Hogan Michael Edward Francis
Bought by
Rad Payman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 1995
Sold by
Paul William G and Paul Lilyan E
Bought by
Hogan Michael Edward Francis

Range of Values:

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Average Value
Not Available
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
Blake Jason $315,000 Ticor Title
Rad Payman $225,000 Corinthian Title
Hogan Michael Edward Francis $80,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rad Payman $146,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2024 04/24/24 Sold $315,000 -3.1% --
02/24/2024 02/24/24 Pending -- -- --
12/12/2023 12/12/23 For Sale $325,000 -- --
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
2024 $2,738 $238,771 $238,771 --
2023 $2,678 $234,090 $234,090 $0
2022 $2,652 $124,114 $101,107 $23,007
2021 $1,507 $124,114 $101,107 $23,007
2020 $1,509 $122,843 $100,071 $22,772
2019 $1,475 $120,435 $98,109 $22,326
2018 $1,444 $118,075 $96,186 $21,889
2017 $930 $115,760 $94,300 $21,460
2016 $1,393 $113,491 $92,451 $21,040
2015 $1,374 $111,787 $91,063 $20,724
2014 $1,347 $109,599 $89,280 $20,319
Source: Public Records

Agents Affiliated with this Home

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Map

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2309404

California Regional Multiple Listing Service (CRMLS)

APN: 109-240-62