NOT LISTED FOR SALE

500 Morro Hills Rd Fallbrook, CA 92028

Estimated Value: $1,122,642 - $1,243,000

3 Beds
2 Baths
2,037 Sq Ft
$576/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $745,000 $366 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $7,113/month

Highlights

  • Private Pool
  • Panoramic View
  • 2.17 Acre Lot
  • Primary Bedroom Suite
  • Updated Kitchen
  • Cathedral Ceiling

About This Home

As of March 2020

This is truly a one-of-a-kind property and just the home you have been waiting for! Sitting on a little over 2.16 acres of land, this single-story pool home is your dream come true. Located in the prestigious Morro Hills area of Fallbrook, you are away from all the hustle and bustle of city life but still close enough to pop into town on a whim. The views from this property are truly breathtaking. You feel like you can see forever in every direction. This property is gated with your own private access code. Closed-circuit cameras are installed (controlled by an app) to assist you as you enter and leave the home. There is an extra-long driveway big enough for upwards of 10 vehicles. A gorgeous, solar heated pool greets you as you approach the front entrance to the house. This home boasts over 2,000 of living space, an over-sized 3-car garage, and an office in addition to the 3 bedrooms. Both bathrooms have been upgraded, and a private exterior courtyard off the master bedroom adds to the enchantment of this home. The possibilities are endless with this property. Also included is a separate structure/shed big enough to store all your tools and a golf cart size vehicle. Do not hesitate to see this property. It is a once in a lifetime opportunity to own this home!

Last Agent to Sell the Property

Zach Wallin

Wallin Realty License #01294158 Listed on: 03/17/2020

Last Buyer's Agent

Angel Lopez

Swell Property License #01847165

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,621

Year Built

  • Built in 2005

Lot Details

  • 2.17 Acre Lot
  • Rural Setting
  • Chain Link Fence

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener
  • Automatic Gate

Property Views

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

Home Design

  • Spanish Architecture
  • Turnkey
  • Slab Foundation
  • Spanish Tile Roof

Interior Spaces

  • 2,037 Sq Ft Home
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • French Doors
  • Entryway
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Home Office
  • Workshop
  • Carbon Monoxide Detectors

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Separate Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Concrete Porch or Patio
  • Shed

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Additional Features

  • No Interior Steps
  • Pasture

Community Details

  • No Home Owners Association
  • Mountainous Community

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 3410
  • Assessor Parcel Number 1212101300

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,621

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Non-staging furniture, TV's, patio furniture
  • Property Attached: No
  • Road Frontage Type: Country Road
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s)
  • View: Yes
  • Zoning: A
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1212101300
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2037.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Pantry, Partially Furnished, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Dining Ell, Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 365.73
  • Room Type: Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Office, Walk-In Closet, Workshop
  • Bathroom Features: Bathtub, Shower, Closet In Bathroom, Double Sinks In Master Bath, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Shed(s), Storage
  • View: City Lights, Hills, Mountain(s), Orchard, Panoramic, Trees/Woods
  • Fence: Yes
  • Fencing: Chain Link
  • Patio And Porch Features: Concrete
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Door Opener, Oversized
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Fallbrook Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft, Pasture
  • Lot Size Sq Ft: 94525.00
  • Lot Size Acres: 2.1700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 94525.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 186.11
  • Tax Lot: 1
  • Tax Tract Number: 3410

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2020
Closed on
Mar 20, 2020
Sold by
Founds Rick Doyle
Bought by
Garnica Rocio A
Seller's Agent
Zach Wallin
Wallin Realty
Buyer's Agent
Angel Lopez
Swell Property
List Price
$745,000
Sold Price
$745,000
Current Estimated Value
$1,167,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$422,986
Avg. Annual Appreciation
8.47%
Original Mortgage
$701,500
Outstanding Balance
$622,790
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$533,988

Purchase Details

Listed on
Mar 17, 2020
Closed on
Mar 18, 2020
Sold by
Garnica Arturo
Bought by
Garnica Rocia A
Seller's Agent
Zach Wallin
Wallin Realty
Buyer's Agent
Angel Lopez
Swell Property
List Price
$745,000
Sold Price
$745,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$701,500
Outstanding Balance
$622,790
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$533,988

Purchase Details

Listed on
Mar 17, 2020
Closed on
Mar 4, 2020
Sold by
Founds Rick Doyle
Bought by
Garnica Rocio A
Seller's Agent
Zach Wallin
Wallin Realty
Buyer's Agent
Angel Lopez
Swell Property
List Price
$745,000
Sold Price
$745,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$701,500
Outstanding Balance
$622,790
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$533,988

Purchase Details

Closed on
Sep 21, 2007
Sold by
Founds Rick and Founds Debra
Bought by
Founds Rick Doyle and Peloza Founds Debra Anne

Purchase Details

Closed on
May 10, 2002
Sold by
Stuart Helen Gloria Martin
Bought by
Founds Rick and Founds Debra

Purchase Details

Closed on
Aug 7, 1985
Source: Public Records

Range of Values:

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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
Garnica Rocio A $745,000 First American Title
Garnica Rocia A -- None Available
Garnica Rocio A $745,000 First American Title
Founds Rick Doyle -- None Available
Founds Rick $222,500 First American Title Company
-- $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garnica Rocio A $701,500
Closed Garnica Rocio A $701,500
Previous Owner Founds Rick Doyle $500,000
Previous Owner Founds Rick Doyle $200,000
Previous Owner Founds Rick $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $745,000 0.0% $366 / Sq Ft
03/17/2020 03/17/20 Pending -- -- --
03/17/2020 03/17/20 For Sale $745,000 -- $366 / 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 $8,621 $814,761 $416,090 $398,671
2024 $8,621 $798,786 $407,932 $390,854
2023 $8,351 $783,125 $399,934 $383,191
2022 $8,355 $767,771 $392,093 $375,678
2021 $8,074 $752,717 $384,405 $368,312
2020 $6,908 $638,424 $326,037 $312,387
2019 $6,770 $625,907 $319,645 $306,262
2018 $6,667 $613,635 $313,378 $300,257
2017 $6,536 $601,604 $307,234 $294,370
2016 $6,372 $589,809 $301,210 $288,599
2015 $6,271 $580,950 $296,686 $284,264
2014 $6,151 $569,571 $290,875 $278,696
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20058071

California Regional Multiple Listing Service (CRMLS)

APN: 121-210-13