RENTED MAR 28, 2026

535 Minnesota Ave Fallbrook, CA 92028

Estimated Value: $722,965

3 Beds
2 Baths
1,500 Sq Ft
$482/Sq Ft Est. Value

Highlights

  • Art Studio
  • Panoramic View
  • Wood Burning Stove
  • Primary Bedroom Suite
  • Open Floorplan
  • Cathedral Ceiling

About This Home

As of March 2026

Beautifully refreshed, newly painted, and move-in ready! Experience life “on Top of the World” with stunning 360 views — yet just a short stroll to the charming village of Fallbrook. Enjoy the undercover outdoor patio perfect for savoring the scenery, plus an enclosed sunroom overlooking a yard filled with vibrant succulents — all capturing those incredible views! (Did we mention the views?) This inviting home features 3 bedrooms, 2 baths, a wood burning fireplace and interior laundry. Situated on a spacious half-acre lot, it offers plenty of outdoor space to relax or entertain. This property is a duplex, and a privacy fence separates the units, ensuring comfort and seclusion. Don’t wait — homes like this go fast! Contact us today for more information or to schedule a showing!

Last Agent to Rent the Property

Marla Zanelli

Coldwell Banker Realty Brokerage Email: realestate@delmarla.com License #01040946 Listed on: 02/06/2026

Coldwell Banker Realty

Last Renter's Agent

Marla Zanelli

Coldwell Banker Realty Brokerage Email: realestate@delmarla.com License #01040946 Listed on: 02/06/2026

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 23,958 Sq Ft Lot
  • Cul-De-Sac
  • Rural Setting
  • Landscaped
  • Private Yard
  • Garden
  • Property is zoned RR

Property Views

  • Panoramic
  • City Lights
  • Woods

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Den
  • Bonus Room
  • Art Studio
  • Sun or Florida Room
  • Storage
  • Home Gym
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Stacked Washer and Dryer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Zoned Cooling
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $3,600
  • Rent includes gardener, trash collection
  • Available 2/7/26
  • Tax Lot 189.03
  • Tax Tract Number 75003
  • Assessor Parcel Number 1031622700

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0.55 Acres

Rental Info

  • Available Date: 2026-02-07
  • Credit Check Paid By: Tenant
  • Deposit Key: 20
  • Deposit Pets: 500
  • Deposit Security: 3600
  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Total Move In Costs: 7200.00
  • Transfer Fee Paid By: Owner

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: RR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 1031622700
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1500.00
  • Interior Amenities: Beamed Ceilings, High Ceilings, Ceiling Fan(s), Living Room Deck Attached, Recessed Lighting, Storage, Open Floorplan, Cathedral Ceiling(s), Granite Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Wood Burning, Living Room, Wood Stove Insert
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2.40
  • Room Type: Sun, Exercise Room, Primary Bedroom, Art Studio, Bonus Room, Main Floor Primary Bedroom, Kitchen, Living Room, Main Floor Bedroom, Primary Suite, Den, Primary Bathroom

Exterior Features

  • View: Trees/Woods, City Lights, Panoramic
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside, In Closet, Electric Dryer Hookup, In Kitchen, Stackable, Washer Included, Dryer Included
  • Cooling: Electric, Wall/Window Unit(s), Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural, Street Lights

Lot Info

  • Lot Features: Cul-De-Sac, Landscaped, Garden, Yard
  • Lot Size Sq Ft: 23958.00
  • Lot Size Acres: 0.5500

Multi Family

  • Insurance Water Furniture: Yes
  • Lot Size Area: 23958.0000 Square Feet
  • Number Of Units In Community: 2
  • Rent Includes: Gardener, Trash Collection

Tax Info

  • Tax Lot: 189.03
  • Tax Tract Number: 75003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2025
Sold by
Pedo Family Living Trust and Pedo Regan Laine
Bought by
Farrell Nico S
Current Estimated Value
$722,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,500
Outstanding Balance
$476,765
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$246,200

Purchase Details

Closed on
Jan 29, 2016
Sold by
Pedo Rolyn P and Pedo Regan L
Bought by
The Pedo Family Living Trust

Purchase Details

Closed on
Dec 23, 2005
Sold by
Pedo Rolyn P
Bought by
Pedo Regan L and Pedo Rolyn P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 28, 2004
Sold by
Pedo Regan L
Bought by
Pedo Rolyn P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,800
Interest Rate
5.37%
Mortgage Type
Unknown
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2026 03/28/26 Rented $3,400 -2.9% --
03/01/2026 03/01/26 Price Changed $3,500 -2.8% $2 / Sq Ft
02/27/2026 02/27/26 Under Contract -- -- --
02/06/2026 02/06/26 For Rent $3,600 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,928 $570,107 $284,343 $285,764
2024 $5,928 $558,929 $278,768 $280,161
2023 $5,752 $547,970 $273,302 $274,668
2022 $5,754 $537,227 $267,944 $269,283
2021 $5,280 $500,000 $242,000 $258,000
2020 $4,838 $450,000 $218,000 $232,000
2019 $4,407 $410,000 $199,000 $211,000
2018 $4,426 $410,000 $199,000 $211,000
2017 $4,100 $380,000 $185,000 $195,000
2016 $3,752 $350,000 $171,000 $179,000
2015 $3,418 $320,000 $157,000 $163,000
2014 $3,204 $300,000 $148,000 $152,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2601209

California Regional Multiple Listing Service (CRMLS)

APN: 103-162-27

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