NOT LISTED FOR SALE

1612 Rice Canyon Rd Fallbrook, CA 92028

Estimated Value: $983,000 - $1,147,000

3 Beds
2 Baths
2,113 Sq Ft
$511/Sq Ft Est. Value

Last Sold July 06, 2022

Last sale price $935,000 $442 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,662/month

34 Days on Market

Highlights

  • Horse Property
  • Sauna
  • Custom Home
  • Private Pool
  • RV Access or Parking
  • View of Trees or Woods

About This Home

As of July 2022

PRICE ADJUSTMENT! MUST SEE!! Welcome to Rainbow where Oak trees surround you and tranquil natural beauty is your landscape. This beautiful 3 bedroom 2 bathroom home has original charm mixed with just the right upgrades. The property layout is perfect for entertaining and quality family time. The private pool is surrounded by a custom deck and gorgeous views! The intricate details of the home and property are a must see and the weather is unbeatable! The kitchen has a beautiful 1942 Wedgewood Stove, classic white beautiful cabinetry and granite counter tops. From the kitchen you can see outside to the pool and directly into the dinning area where a newly redone custom, wood burning fireplace warms the house. Oh and did I mention the home comes with PAID SOLAR and has had no electric bill in over 3 years! There is about 3/4 of an acre in the back to build an ADU, workshop or large garage! Home has been very well kept and cared for and it shows! This home sits on 2 acres, roof is like new, options for RV PARKING, has NO HOA and LOW TAXES.

Last Agent to Sell the Property

Amerie McGee

Realty One Group Pacific License #02086128 Listed on: 04/21/2022

Realty One Group Pacific

Last Buyer's Agent

Sue Kelley

Keller Williams OC Coastal Realty License #01268342

Keller Williams OC Coastal Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,918

Year Built

  • Built in 1979

Lot Details

  • 2 Acre Lot
  • Rural Setting
  • Landscaped
  • Secluded Lot
  • Density is 2-5 Units/Acre
  • Property is zoned R1

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Lot Has A Rolling Slope
  • Driveway Up Slope From Street
  • RV Access or Parking

Property Views

  • Woods
  • Canyon
  • Mountain
  • Hills
  • Pool
  • Courtyard

Home Design

  • Custom Home
  • Additions or Alterations
  • Brick Exterior Construction
  • Slab Foundation
  • Fire Rated Drywall
  • Pre-Cast Concrete Construction
  • Stucco
  • Adobe

Interior Spaces

  • 2,113 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Awning
  • Shutters
  • Window Screens
  • Entryway
  • Family Room
  • Living Room
  • Dining Room with Fireplace
  • Sauna
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Propane Dryer Hookup

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Horse Property
  • Patio
  • Outdoor Storage
  • Outdoor Grill
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Tax Tract Number 7669
  • Assessor Parcel Number 1083104900
  • $75 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Mountainous Community

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,918

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R1
  • Architectural Style: Custom Built
  • Property Condition: Additions/Alterations
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1083104900
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2113.00 Square Feet
  • Interior Amenities: Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Dining Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 442.50
  • Room Type: Entry, Family Room, Kitchen, Living Room, Master Bathroom, Master Bedroom, Sauna
  • Spa Features: Private
  • Window Features: Double Pane Windows, Screens, Shutters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Sauna Private, Storage
  • Exterior Features: Awning(s), Barbecue Private
  • View: Canyon, Courtyard, Hills, Mountain(s), Pool, Trees/Woods
  • Patio And Porch Features: Patio, Porch
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Adobe, Block, Brick, Concrete, Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Paved, Driveway Up Slope From Street, Garage, Garage Faces Front, Private, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Fireplace(s), Forced Air
  • Laundry Features: In Garage, Propane Dryer Hookup, Washer Hookup
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking, Mountainous, Rural

Schools

  • School District: Fallbrook Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Gentle Sloping, Horse Property, Landscaped, Rolling Slope, Secluded, Up Slope from Street
  • Lot Size: 87120
  • Lot Size Sq Ft: 87120.00
  • Lot Size Acres: 2.0000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 87120.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 190.02
  • Tax Lot: 0000
  • Tax Tract Number: 7669
  • TaxOtherAnnualAssessmentAmount: 75.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
Jun 1, 2022
Sold by
Heilbronn Michael C and Lynn Rae
Bought by
Driscoll Matthew James and Driscoll Rebecca Lynn
Seller's Agent
Amerie McGee
Realty One Group Pacific
Buyer's Agent
Sue Kelley
Keller Williams OC Coastal Realty
List Price
$939,000
Sold Price
$935,000
Premium/Discount to List
-$4,000
-0.43%
Current Estimated Value
$1,079,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,222
Avg. Annual Appreciation
3.47%
Original Mortgage
$748,000
Outstanding Balance
$712,731
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$329,484

Purchase Details

Closed on
Oct 28, 2013
Sold by
Jones Edgar M and Jones Carole A
Bought by
Heilbronn Michael C and Heilbronn Rae Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,170
Interest Rate
4.08%
Mortgage Type
VA

Purchase Details

Closed on
Jul 19, 2011
Sold by
Jones Edgar M and Jones Carole A
Bought by
Jones Edgar M and Jones Carole A
Source: Public Records

Range of Values:

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Average Value
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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
Driscoll Matthew James $935,000 Corinthian Title
Heilbronn Michael C $380,000 First American Title Insuran
Jones Edgar M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Driscoll Matthew James $748,000
Previous Owner Heilbronn Michael C $486,400
Previous Owner Heilbronn Michael C $485,000
Previous Owner Heilbronn Michael C $484,350
Previous Owner Heilbronn Michael C $437,992
Previous Owner Heilbronn Michael C $384,900
Previous Owner Heilbronn Michael C $388,170
Previous Owner Jones Edgar M $250,000
Previous Owner Jones Edgar M $180,000
Previous Owner Jones Edgar M $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2022 07/06/22 Sold $935,000 -0.4% $442 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $939,000 +0.4% $444 / Sq Ft
05/23/2022 05/23/22 Off Market $935,000 -- --
05/13/2022 05/13/22 Price Changed $939,000 -5.1% $444 / Sq Ft
04/21/2022 04/21/22 For Sale $989,000 -- $468 / 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 $9,918 $972,773 $340,355 $632,418
2024 $9,918 $953,700 $333,682 $620,018
2023 $9,098 $879,000 $307,000 $572,000
2022 $4,642 $438,951 $153,581 $285,370
2021 $4,521 $430,345 $150,570 $279,775
2020 $4,540 $425,934 $149,027 $276,907
2019 $4,454 $417,583 $146,105 $271,478
2018 $4,381 $409,396 $143,241 $266,155
2017 $4,294 $401,370 $140,433 $260,937
2016 $4,194 $393,501 $137,680 $255,821
2015 $4,130 $387,591 $135,612 $251,979
2014 $4,041 $380,000 $132,956 $247,044
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW22074000

California Regional Multiple Listing Service (CRMLS)

APN: 108-310-49