NOT LISTED FOR SALE

40616 Rock Mountain Dr Fallbrook, CA 92028

Estimated Value: $1,626,000 - $2,177,000

4 Beds
3 Baths
3,515 Sq Ft
$515/Sq Ft Est. Value

Last Sold April 22, 2021

Last sale price $1,400,000 $398 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $10,794/month

7 Days on Market

Highlights

  • Attached Guest House
  • Solar Power System
  • 11.15 Acre Lot
  • Lap Pool
  • Panoramic View
  • Property Near a Canyon

About This Home

As of April 2021

FOREVER long distance views w/amazing sunsets from this peaceful, private, very unique 3032 sqft 3 bedroom 2 bath custom built home w/lots of natural light in every room & plaster wall coverings throughout on 11.15 acres! Also attached 483 Sqft 1 Bedroom 1 Bath Guest House (previously 2 car garage) via outdoor breezeway from main house. INSIDE: Viking Double Convention Oven, Sub-Zero Built-In Refrigerator & Freezer, Bosch Dishwasher, 5-Burner Thermador Stove, 2 Noritz Tankless Water Heaters (Main House & Guest house), Reverse Osmosis Water Filter System at Kitchen Sink. OUTSIDE: 43' x 10' Swimming Pool (52" depth at ends, 68" middle depth). INFORMATION CONTINUED BELOW.... 28 Solar Panels owned by Sellers, not leased, with the ability to add more panels. Positive cash flow from 420 Avocado trees, 500 Lemon trees, 139 Lime trees per seller. Sellers just had 8" well pipe drilled at 1015' producing 65 gallons per minute for agriculture use. The well only needs power and pump to bring online. Sellers also have approved plans for a 2400 sqft Agriculture/RV/Garage. Property is very diverse w/plenty of room for quads, motorcycles, shooting, horses or farm animals. Located only 8.8 miles from the 15 Freeway, 4 miles to Downtown Fallbrook and only 1.3 miles to the beautiful Santa Margarita River Trail Preserve. THIS HOME IS MUST SEE!

Last Agent to Sell the Property

Jerry Burke

Keller Williams La Jolla License #01443445 Listed on: 03/19/2021

Keller Williams La Jolla

Last Buyer's Agent

ROSE ISHMAN

Vista Sotheby's International

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • 11.15 Acre Lot
  • Property Near a Canyon
  • Open Space
  • Property is Fully Fenced
  • Chain Link Fence
  • Fence is in excellent condition
  • Landscaped
  • Irregular Lot
  • Gentle Sloping Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Property is zoned AGRICULTUR

Property Views

  • Panoramic
  • City Lights
  • Woods
  • Orchard Views
  • Mountain
  • Valley

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Flat Roof Shape
  • Slab Foundation
  • Plaster Walls
  • Spanish Tile Roof
  • Wood Siding

Interior Spaces

  • 3,515 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Track Lighting
  • Wood Burning Fireplace
  • Raised Hearth
  • Awning
  • Formal Entry
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Area
  • Interior Storage Closet

Kitchen

  • Breakfast Area or Nook
  • Double Convection Oven
  • Built-In Range
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Clay
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 3 Full Bathrooms
  • Low Flow Toliet
  • Shower Only
  • Low Flow Shower

Laundry

  • Laundry Room
  • Washer and Propane Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 20 Parking Spaces
  • Converted Garage
  • Circular Driveway
  • Gravel Driveway
  • Uncovered Parking
  • RV Potential

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating
  • Solar Power System

Pool

  • Lap Pool
  • In Ground Pool
  • Exercise
  • Pool Equipment or Cover

Outdoor Features

  • Living Room Balcony
  • Covered Patio or Porch
  • Gazebo
  • Shed

Additional Homes

  • Attached Guest House
  • 483 SF Accessory Dwelling Unit

Schools

  • Fallbrook Union Elementary District
  • Fallbrook Union High School District

Utilities

  • ENERGY STAR Qualified Air Conditioning
  • Forced Air Heating and Cooling System
  • High Efficiency Heating System
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Underground Utilities
  • Separate Water Meter
  • Water Filtration System
  • Agricultural Well Water Source
  • Well
  • Tankless Water Heater
  • Propane Water Heater
  • Septic System
  • Sewer Not Available
  • Phone System
  • Satellite Dish
  • Cable TV Not Available

Community Details

  • Mountainous Community

Listing and Financial Details

  • Assessor Parcel Number 102-104-40-00

Home Details

Home Type

Single Family

Year Built

Built in 1990 | Remodeled

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Mediterranean/Spanish
  • Residential Styles: Detached
  • Property Condition: Termite Clearance, Turnkey, Updated/Remodeled
  • Market Area: North County
  • Cross Street: Mira Monte
  • Neighborhood: Rock Mountain
  • Supplement: 28 Solar Panels owned by Sellers, not leased, with the ability to add more panels. Positive cash flow from 420 Avocado trees, 500 Lemon trees, 139 Lime trees per seller. Sellers just had 8" well pipe drilled at 1015' producing 65 gallons per minute for agriculture use. The well only needs power and pump to bring online. Sellers also have approved plans for a 2400 sqft Agriculture/RV/Garage. Property is very diverse w/plenty of room for quads, motorcycles, shooting, horses or farm animals. Located only 8.8 miles from the 15 Freeway, 4 miles to Downtown Fallbrook and only 1.3 miles to the beautiful Santa Margarita River Trail Preserve. THIS HOME IS MUST SEE!
  • Estimated Living Space: 3,000 to 3,999 SqFt
  • LP / Sq Ft: 384.07
  • Miscellaneous: Horse Allowed, Livestock Allowed, Value in Land, Mountainous, Rural, Horse Property Unimproved
  • Price Per Sq Ft: 398.29
  • Residential Unit Location: No Common Walls
  • SP/ Sq Ft: 398.29
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 1990
  • 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

  • Interior Amenities: Balcony, Beamed Ceilings, Built-Ins, Ceiling Fan, High Ceilings (9 Feet+), Kitchen Island, Living Room Balcony, Low Flow Shower, Low Flow Toilet(s), Pantry, Recessed Lighting, Shower, Storage Space, Tile Counters, Track Lighting, Phone System, Cathedral-Vaulted Ceiling
  • Flooring: Carpet, Tile, Wood, Clay, Ceramic Tile
  • Sub Flooring: Slab on Grade
  • Equipment Available: Dishwasher, Disposal, Pool/Spa/Equipment, Refrigerator, Satellite Dish, Shed(s), Solar Panels, Water Filtration, Built In Range, Convection Oven, Double Oven, Energy Star Appliances, Freezer, Propane Range, Electric Cooking, Propane Cooking
  • Fireplaces: 1
  • Fireplace: Fp In Living Room, Raised Hearth, Wood
  • Walls: Plaster
  • Searchable Rooms: Bedroom Entry Level, Breakfast Area, Dining Area, Formal Entry, Great Room, Kitchen, Living Room, Master Bedroom, Family Kitchen, Jack & Jill, Laundry, Master Bathroom, Walk-In Closet
  • Total Bedrooms: 4
  • Bedrooms: 4
  • Master Bedroom Dimensions: 19x18
  • Full Bathrooms: 3
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 3515
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full, Partial, Excellent Condition, Chain Link
  • Frontage: Open Space
  • Guest House: Attached
  • Patio: Awning/Porch Covered, Balcony, Covered, Gazebo, Stone/Tile, Patio Open, Porch - Front, Porch - Rear
  • Pool: Below Ground, Exercise, Lap, Private
  • Roof: Flat, Spanish Tile
  • View: Evening Lights, Mountains/Hills, Panoramic, Valley/Canyon, Orchard/Grove, Trees/Woods
  • Exclusive Use Yard: Yes
  • Guest House Sq Ft: 483

Garage/Parking

  • Parking for RV: Potential Space
  • Garage Details: Converted
  • Non Garage Parking: Uncovered, Driveway, Circular Driveway, Driveway - Asphalt, Driveway - Gravel
  • Parking Spaces Total: 20

Utilities

  • Cooling: Central Forced Air, Electric, Energy Star
  • Laundry Utilities: Electric, Propane, Washer Hookup
  • Security: Smoke Detector, Carbon Monoxide Detectors
  • Sewer/Septic: Septic Installed
  • Water: Meter on Property, Well on Property, Well/Irrigation Only, Agricultural Well
  • Water Heater Type: Propane, Tankless, Energy Star Water Heater
  • Heating: Fireplace, Forced Air Unit, Energy Star, High Efficiency
  • Heating Fuel: Electric, Propane, Wood
  • Telecommunications: Satellite Dish
  • Utilities: Electricity Connected, Phone Connected, Propane, Underground Utilities, Cable Not Available, Sewer Not Available, Water Connected

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: FALLBROOK

Schools

  • School District URL: https://www.fuhsd.net/
  • Elementary School: Fallbrook Union Elementary District
  • Elementary School Website: https://www.fuesd.org/
  • High School: Fallbrook Union High School District
  • Middle School Url: https://www.fuesd.org/
  • Middle School: Fallbrook Union Elementary District

Lot Info

  • Irrigation: Automatic, Manual, Sprinklers
  • Lot Size: 10+ to 20 AC
  • Site: Irregular Lot, Public Street, Rear Yd Str Access, Street Paved, Landscaped, Sprinklers In Front, Sprinklers In Rear
  • Other Structures: Shed
  • Topography: Canyon/Valley, Mountainous, Slope Gentle
  • Water District: FALLBROOK PUBLIC UTILITY DISTRI
  • Zoning: AGRICULTUR
  • Additional Property Use: Grove, With Structures
  • Assessor Parcel Number: 102-104-40-00
  • Estimated Lot Sq Ft: 485694
  • Water District URL: http://www.fpud.com
  • Estimated Number of Acres: 11.15
  • Other Structures: Guest House Attached, Shed
  • Map Code Column: G
  • Map Code Page: 997
  • Map Code Row: 3

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
Mar 29, 2021
Sold by
Yslas Nicholas Jess and Yslas Bobbi Sue
Bought by
Giuliano Edward and Ribot Mateo
Seller's Agent
Jerry Burke
Keller Williams La Jolla
Buyer's Agent
ROSE ISHMAN
Vista Sotheby's International
List Price
$1,350,000
Sold Price
$1,400,000
Premium/Discount to List
$50,000
3.7%
Current Estimated Value
$1,808,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,963
Avg. Annual Appreciation
5.57%

Purchase Details

Listed on
Jul 23, 2014
Closed on
Sep 15, 2014
Sold by
Warson Janet D
Bought by
Yslas Nicholas Jess and Yslas Bobbi Sue
Seller's Agent
Bob Wendt
Willis Allen Real Estate
Buyer's Agent
Jerry Burke
Keller Williams La Jolla
List Price
$735,000
Sold Price
$735,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.39%
Original Mortgage
$687,155
Interest Rate
4.08%
Mortgage Type
VA
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Giuliano Edward $1,400,000 Ticor Title
Yslas Nicholas Jess $735,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yslas Nicholas Jess $687,155
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2021 04/22/21 Sold $1,400,000 +3.7% $398 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $1,350,000 +83.7% $384 / Sq Ft
10/16/2014 10/16/14 Sold $735,000 0.0% $242 / Sq Ft View Prior Sale
09/12/2014 09/12/14 Pending -- -- --
07/23/2014 07/23/14 For Sale $735,000 -- $242 / 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 $16,021 $1,515,403 $649,458 $865,945
2024 $16,021 $1,485,690 $636,724 $848,966
2023 $15,665 $1,456,560 $624,240 $832,320
2022 $15,672 $1,428,000 $612,000 $816,000
2021 $8,949 $816,081 $277,578 $538,503
2020 $9,021 $807,714 $274,732 $532,982
2019 $8,842 $791,878 $269,346 $522,532
2018 $8,711 $776,352 $264,065 $512,287
2017 $752 $761,131 $258,888 $502,243
2016 $8,338 $746,208 $253,812 $492,396
2015 $8,210 $735,000 $250,000 $485,000
2014 $6,575 $583,215 $86,752 $496,463
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210007107

San Diego MLS

APN: 102-104-40