NOT LISTED FOR SALE

1398 Red Mountain Dam Dr Fallbrook, CA 92028

Estimated Value: $1,176,000 - $1,663,087

3 Beds
2.5 Baths
2,862 Sq Ft
$475/Sq Ft Est. Value

Last Sold April 25, 2017

Last sale price $987,500 $345 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $8,341/month

10 Days on Market

Highlights

  • Solar Heated In Ground Pool
  • Retreat
  • Solar Water Heater
  • Panoramic View
  • Laundry Room
  • Formal Entry

About This Home

As of April 2017

This fabulous home sits on over 2 acres of beautifully landscaped grounds in the exclusive Megans Bluff neighborhood. 92 solar panels – owned and a well! Gorgeous salt water pool & spa powered by solar and self-cleaning! Outdoor kitchen fully equipped with BBQ, built in wine fridge, second refrigerator, sink and island. See Supplemental Neighborhoods: Megan's Bluff Equipment: Fire Sprinklers,Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Septic Installed Topography: LL,GSL

Last Agent to Sell the Property

Patrick Marelly

Compass License #01054284 Listed on: 03/16/2017

Compass

Co-Listed By

Bonnie Summers

First Principles RE License #01015962

Last Buyer's Agent

Jamie Gilman

First Team Real Estate License #00675233

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,993

Year Built

  • Built in 2002

Lot Details

  • 2.33 Acre Lot
  • Property is zoned R-1:SINGLE

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage
  • Parking Available
  • Driveway

Property Views

  • Panoramic
  • Mountain

Home Design

  • Stucco

Interior Spaces

  • 2,862 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Eco-Friendly Details

  • Solar Water Heater
  • Solar Heating System

Pool

  • Solar Heated In Ground Pool
  • In Ground Spa

Utilities

  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1084700900

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,993

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Megan's Bluff
  • View: Yes
  • Zoning: R-1:SINGLE
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1084700900
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2862.00
  • Stories: 1
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Price Per Square Foot: 345.04
  • Room Type: Main Floor Bedroom, Family Room, Formal Entry, Retreat, Main Floor Master Bedroom
  • Spa Features: In Ground

Exterior Features

  • View: Mountain(s), Panoramic
  • Pool Features: Solar Heat, In Ground, Private
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Solar Hot Water, Dishwasher, Disposal, Microwave
  • Heating Type: Solar, Zoned, Fireplace(s), Forced Air
  • Laundry Features: Electric Dryer Hookup, Individual Room
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 101494.00
  • Lot Size Acres: 2.3300

Multi Family

  • Lot Size Area: 101494.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2021
Sold by
Correa Robert J and Correa Catherine M
Bought by
Correa Family Living Trust and Correa
Current Estimated Value
$1,358,022

Purchase Details

Listed on
Mar 16, 2017
Closed on
Mar 29, 2017
Sold by
Heckel Harry L and Heckel Lorraine
Bought by
Correa Robert J and Correa Catherine M
Seller's Agent
Patrick Marelly
Compass
Buyer's Agent
Jamie Gilman
First Team Real Estate
List Price
$987,500
Sold Price
$987,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.88%
Original Mortgage
$691,250
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2015
Sold by
Heckel Harry L and Heckel Lorraine
Bought by
Heckel Harry L and Declara Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,500
Interest Rate
3.63%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 15, 2013
Sold by
Heckel Harry L and Heckel Lorraine
Bought by
Heckel Harru L and Heckel Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,600
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2010
Sold by
Heckel Harry L and Heckel Lorraine
Bought by
Heckel Harry L and Heckel Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2004
Sold by
Heckel Harry L and Heckel Lorraine
Bought by
Heckel Harry L and Heckel Lorraine

Purchase Details

Closed on
Apr 30, 2004
Sold by
Campbell Alexander W and Campbell Joanne
Bought by
Heckel Harry L and Heckel Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,200
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 19, 2001
Sold by
Hills Fallbrook
Bought by
Campbell Alexander W and Campbell Jo Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,350
Interest Rate
7.15%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Correa Family Living Trust -- None Listed On Document
Correa Robert J $987,500 First American Title Company
Heckel Harry L -- Tsi Title
Heckel Harry L -- Tsi Title
Heckel Harru L -- Tsi Title
Heckel Harry L -- Tsi Title
Heckel Harry L -- Accommodation
Heckel Harry L -- American Coast Title Company
Heckel Harry L -- --
Heckel Harry L $779,000 Chicago Title Co
Campbell Alexander W $474,500 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Correa Robert J $651,000
Previous Owner Correa Robert J $691,250
Previous Owner Heckel Harry L $90,500
Previous Owner Heckel Harry L $417,000
Previous Owner Heckel Harry L $471,600
Previous Owner Heckel Harry L $550,000
Previous Owner Heckel Harry L $623,200
Previous Owner Campbell Alexander W $322,700
Previous Owner Campbell Alexander W $379,350
Previous Owner Hills Fallbrook $320,250
Previous Owner Mitchell Development Inc $406,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2017 04/25/17 Sold $987,500 0.0% $345 / Sq Ft
03/26/2017 03/26/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $987,500 -- $345 / 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 $11,993 $1,146,071 $301,921 $844,150
2024 $11,993 $1,123,600 $296,001 $827,599
2023 $11,644 $1,101,570 $290,198 $811,372
2022 $11,649 $1,079,971 $284,508 $795,463
2021 $11,260 $1,058,796 $278,930 $779,866
2020 $11,350 $1,047,940 $276,070 $771,870
2019 $11,127 $1,027,393 $270,657 $756,736
2018 $10,958 $1,007,249 $265,350 $741,899
2017 $751 $930,000 $245,000 $685,000
2016 $7,309 $675,000 $178,000 $497,000
2015 $7,295 $675,000 $178,000 $497,000
2014 $7,028 $650,000 $172,000 $478,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Patrick Marelly

    Compass

    Section Image
  • Bonnie Summers

    Seller Co-Listing Agent in 2017

    Bonnie Summers

    First Principles RE

    (760) 637-9918

    21 Total Sales

    Bonnie Summers
    Section Image
  • Jamie Gilman

    Buyer's Agent in 2017

    Jamie Gilman

    First Team Real Estate

    (760) 500-5189

    77 Total Sales

    Jamie Gilman
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 170013142

California Regional Multiple Listing Service (CRMLS)

APN: 108-470-09

California San Diego County Fallbrook 92028

1398 Red Mountain Dam Dr, Fallbrook, CA

This home is located at 1398 Red Mountain Dam Dr, Fallbrook, CA 92028 since 16 March 2017 and is currently estimated at $1,358,022, approximately $474 per square foot. This property was built in 2002. 1398 Red Mountain Dam Dr is a home located in San Diego County with nearby schools including William H. Frazier Elementary School, James E. Potter Intermediate School, and Fallbrook High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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