$600,000
SOLD MAR 1, 2025

3437 Aspen Rd Fallbrook, CA 92028

3 Beds
2.5 Baths
2,582 Sq Ft
10.63 Acres

Recently Sold

$232 Per Sq Ft

14% Below List Price

172 Days on Market

Highlights

  • 10.63 Acre Lot
  • Fireplace in Primary Bedroom
  • Den
  • Mountain View
  • No HOA
  • Laundry Room

About This Home

As of March 2025

Nestled on 10.6 acres in Rainbow, this house offers breathtaking views to the south and immense potential. The home requires a complete rehab, making it a perfect project for those looking to customize their living space. The property includes a detached 4-car garage, providing ample storage and parking. Despite its secluded setting, the home is conveniently located just west of the 15 freeway, ensuring easy access to nearby amenities. This property is a rare opportunity to create your dream home in a serene, picturesque location. Owner is a licensed Real Estate agent

Last Agent to Sell the Property

Jerome Stehly

Jill Magnuson, Broker Brokerage Email: stehlyent@aol.com License #01011431

Last Buyer's Agent

Haiying Fan

F Realty Extraordinary License #01306107

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,766

Year Built

  • Built in 1990

Lot Details

  • 10.63 Acre Lot
  • Rural Setting
  • Irregular Lot
  • Property is zoned Ag

Parking

  • 4 Car Garage

Home Design

  • Split Level Home

Interior Spaces

  • 2,582 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Den
  • Mountain Views

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Washer and Propane Dryer Hookup

Farming

  • Agricultural

Utilities

  • No Heating
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1023820600

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,766

Year Built

Built in 1990

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: Ag
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1023820600
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2582.00 Square Feet
  • Stories: 2
  • Entry Location: Porch
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Primary Bedroom
  • Levels: Multi/Split
  • Main Level Bathrooms: 25
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 232.38
  • Room Type: Den, Family Room, Laundry

Exterior Features

  • View: Mountain(s)
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.00
  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Individual Room, Propane Dryer Hookup, Washer Hookup
  • Sewer: Conventional Septic

Condo/Co-op/Association

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

Schools

  • School District: Fallbrook Union

Lot Info

  • Land Lease: No
  • Lot Features: Agricultural - Other, Irregular Lot
  • Lot Size Sq Ft: 463042.80
  • Lot Size Acres: 10.6300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10.6300 Acres
  • Number Of Units In Community: 1

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2025 03/01/25 Sold $600,000 -9.8% $232 / Sq Ft
12/14/2024 12/14/24 Pending -- -- --
11/07/2024 11/07/24 Price Changed $665,000 -4.9% $258 / Sq Ft
10/22/2024 10/22/24 For Sale $699,000 0.0% $271 / Sq Ft
07/30/2024 07/30/24 Price Changed $699,000 -2.2% $271 / Sq Ft
07/06/2024 07/06/24 Price Changed $715,000 -3.2% $277 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
06/24/2024 06/24/24 For Sale $739,000 +13.7% $286 / Sq Ft
03/30/2022 03/30/22 Sold $650,000 +8.5% $252 / Sq Ft
02/08/2022 02/08/22 Price Changed $599,000 +20.0% $232 / Sq Ft
01/21/2022 01/21/22 For Sale $499,000 -23.2% $193 / Sq Ft
01/18/2022 01/18/22 Off Market $650,000 -- --
01/15/2022 01/15/22 For Sale $499,000 -- $193 / Sq Ft
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
2024 $9,766 $676,260 $520,200 $156,060
2023 $6,882 $631,000 $485,000 $146,000
2022 $3,739 $325,466 $89,704 $235,762
2021 $3,576 $319,086 $87,946 $231,140
2020 $3,590 $315,815 $87,045 $228,770
2019 $3,526 $309,624 $85,339 $224,285
2018 $3,471 $303,554 $83,666 $219,888
2017 $3,407 $297,603 $82,026 $215,577
2016 $3,332 $291,768 $80,418 $211,350
2015 $3,284 $287,387 $79,211 $208,176
2014 $3,219 $281,759 $77,660 $204,099
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Grant Deed $600,000 First American Title
Interfamily Deed Transfer -- None Available
Deed $45,000 --
Source: Public Records

Similar Homes in Fallbrook, CA

  • 2244 Huffstatler St, Fallbrook, CA 92028

    $699,900

    • 4 Beds
    • 2 Baths
    • 1,600 Sq Ft
    • 2244 Huffstatler St
    • Fallbrook, CA

    Investor OpportunityTwo Homes on One Lot just under an Acre! – Rehab or Rental Income PotentialAmazing value-add opportunity in Fallbrook (Rainbow)! This property includes two separate units on the same lot, ideal for investors, flippers, or DIY buyers.Main House: Tax records list as 2 bed / 1 bath, but the home is actually 4 bedrooms (Den can be 4th bedroom), 2 bathrooms, approximately 1,600 sq

    Adam Sparks Realty Masters & Associates, I

    Section Image
  • 1153 Rancho Ryan Rd, Fallbrook, CA 92028

    $720,000

    • 3 Beds
    • 2 Baths
    • 1,590 Sq Ft
    • 1153 Rancho Ryan Rd
    • Fallbrook, CA

    You are going to fall in love with this beautiful, custom single story nestled in the heart of Fallbrook—this GEM rarely comes available! Adorned with fruit trees, a circular driveway, and large covered patio… this home gives both Spanish and Mediterranean vibes with its warmth, floorplan, and location! This 1,590 sf home boasts a HUGE lot at 13,068 sf, 5 bedrooms (2 in the garage which was

    David Bowers StockUp Realty

    Section Image
  • 712 Convertible Ln, Fallbrook, CA 92028

    $599,900

    • 4 Beds
    • 2 Baths
    • 1,881 Sq Ft
    • 712 Convertible Ln
    • Fallbrook, CA

    Charming Fallbrook Home. This cozy four-bedroom, two-bath home is full of opportunity and nestled in the heart of Fallbrook. The flexible layout features two bedrooms and a full bath on each level—ideal for multi-generational living or guest accommodations. The home is filled with natural light and offers spacious living areas that invite your personal touch and updates. Enjoy the expansive

    Eren Melendez Sunshine Properties RealEstate

    Section Image
  • 1360 E Fallbrook St, Fallbrook, CA 92028

    $525,000

    • 3 Beds
    • 2 Baths
    • 2,130 Sq Ft
    • 1360 E Fallbrook St
    • Fallbrook, CA

    Discover the potential of this unique 2130 square foot Fallbrook home built in 1966 and nestled on a generous 10454 square foot lot. Featuring a reverse floor plan, the main entry opens to the upper level where the primary living spaces are located, while a bonus room reside downstairs. This home offers 3 bedrooms and 2 bathrooms, with a large bonus room providing a flexible layout. The property

    Chris Murray RE/MAX Empire Properties

    Section Image
  • 737 Porter St, Fallbrook, CA 92028

    $625,000

    • 3 Beds
    • 2 Baths
    • 1,262 Sq Ft
    • 737 Porter St
    • Fallbrook, CA

    Located on a quiet street close to town in beautiful Fallbrook. This 3+ Bedroom 2 Bath home features a large open patio with a shade tree in the front yard. Situated on almost a 3rd of an acre. The lot is split into two levels with the house above and a large flat, gated, fenced area below, with tall carport. There is room for Boat, RV, Trucks n Toys. never been a better time for chickens (Yes,

    Tim McGrath Pierview Properties

    Section Image
  • 950 E Elder St, Fallbrook, CA 92028

    $719,000

    • 3 Beds
    • 2 Baths
    • 1,318 Sq Ft
    • 950 E Elder St
    • Fallbrook, CA

    Welcome to this charming home in the heart of Fallbrook Village. The living room features a fireplace, and the kitchen offers ample storage and an island with a dining room. There is a versatile office/bedroom/den, a full bath down the hall, another bedroom, and a primary suite with a walk-in closet and a private bathroom. The great backyard includes a covered patio with views of the Camp

    Erica Williams Coldwell Banker Village Prop

    Section Image
  • 950 Funquest Dr, Fallbrook, CA 92028

    $725,000

    • 3 Beds
    • 2 Baths
    • 1,449 Sq Ft
    • 950 Funquest Dr
    • Fallbrook, CA

    Welcome to this beautifully updated 3-bedroom, 2-bathroom home in the heart of Fallbrook that is priced to sell! This charming residence boasts a spacious, fully remodeled interior, designed to offer comfort and style. With a bright, open floor plan and an abundance of natural light throughout, you'll immediately feel at home. The kitchen features sleek butcher block countertops and brand-new

    Matt Davies Matt Davies, Broker

    Section Image
  • 131 S Brandon Rd, Fallbrook, CA 92028

    $699,000

    • 4 Beds
    • 2 Baths
    • 1,919 Sq Ft
    • 131 S Brandon Rd
    • Fallbrook, CA

    Move-in ready 4-bedroom, 2-bath home with multi-use potential in the heart of Fallbrook, brand new from top to bottom! This charming residence features an open floor plan on a large lot, perfect for comfortable living and entertaining. Recent updates include a new roof, dual pane windows, fresh paint, recessed lighting, and remodeled bathrooms. The beautifully appointed kitchen comes with

    Jeremy Beauvarlet Redfin Corporation

    Section Image
  • 711 De Luz Rd, Fallbrook, CA 92028

    $650,000

    • 3 Beds
    • 2 Baths
    • 1,520 Sq Ft
    • 711 De Luz Rd
    • Fallbrook, CA

    This charming three-bedroom, two-bathroom home is located in the desirable community of Fallbrook, offering a comfortable living space on a generously sized lot. The interior features an inviting open floor plan with soaring vaulted ceilings, enhancing the sense of space and light. A Statement brick fireplace with raised hearth in the living room adds warmth and character. The

    Chris Williams RE/MAX One

    Section Image

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2405533

California Regional Multiple Listing Service (CRMLS)

APN: 102-382-06