NOT LISTED FOR SALE

2 Gateview Dr Fallbrook, CA 92028

Estimated Value: $1,438,972 - $1,681,000

3 Beds
2.5 Baths
3,000 Sq Ft
$509/Sq Ft Est. Value

Last Sold February 11, 2023

Last sale price $1,275,000 $425 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $9,807/month

82 Days on Market

Highlights

  • Community Stables
  • RV Access or Parking
  • Panoramic View
  • 24-Hour Security
  • RV Parking in Community
  • 3.21 Acre Lot

About This Home

As of February 2023

Original single level hacienda located in the 24-hour guard gated neighborhood of Rolling Hills Estates! This exclusive community is developed on nearly 400 acres and has less than 100 homes with under ground utilities preventing the unsightly above ground powerlines . Each home has its own custom features and design making a walk around the neighborhood feel like a fairytale. Rolling Hills Estates is the only guard gated neighborhood in all of Fallbrook and offers luxurious amenities such as an equestrian center, private riding trails, tennis courts, pond with water features, lawn space/common areas, RV parking and a premium clubhouse. This property currently offers a fruit orchard with an huge yard for entertaining large private parties. The back yard/patio area is beautiful and comes alive at night with the hanging lights and Tuscan vibes. The interior boasts large kitchen with breakfast nook, dining room, laundry room, wide hallways, light & bright entry with tall ceiling, 3 large bedrooms, 2.5 bathrooms, Living room and a flex space that can be used as a 4th guest bedroom by just added a murphy bed with closet. The flex space is currently being used as an executive office space but could also be a family room or sitting area. You will feel the charm of this estate the moment you approach the front door when passing the custom landscaping of rare cactus and succulents grown in the hills of De Luz and the surrounding Fallbrook areas. This property has an ultra private lot set back from the neighborhood street but also conveniently near the guard shack and tennis courts for easy access. Additional features include fenced dog run, oversized side yard for games, newly painted 3 car garage, newly installed LED lighting with fixtures, front U-shaped covered patio, clay tile roof, walk in pantry, brick fireplace, long private driveway and mature landscaping throughout. You will love the location of this community because its only a few minutes to HWY 76 on the edge of Bonsall/Oceanside and lest than 10 mins to downtown Fallbrook.

Last Agent to Sell the Property

Billy Long

Balboa Real Estate, Inc License #01982858 Listed on: 10/25/2022

Balboa Real Estate, Inc

Co-Listed By

Marissa Bartolo

Balboa Real Estate, Inc License #02140495

Last Buyer's Agent

Billy Long

Balboa Real Estate, Inc License #01982858 Listed on: 10/25/2022

Balboa Real Estate, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,944

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • 3.21 Acre Lot
  • Wood Fence
  • Landscaped
  • Secluded Lot
  • Corner Lot
  • Level Lot
  • Private Yard
  • Back and Front Yard
  • Property is zoned A70

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Three Garage Doors
  • Driveway Level
  • RV Access or Parking

Property Views

  • Panoramic
  • Orchard Views
  • Mountain
  • Hills

Home Design

  • Spanish Architecture
  • Patio Home
  • Turnkey
  • Planned Development
  • Slab Foundation

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Convection Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Trash Compactor

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Walk-in Shower

Home Security

  • Security Lights
  • Fire and Smoke Detector

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting

Location

  • Property is near a clubhouse

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Natural Gas Connected
  • Water Heater
  • Septic Type Unknown
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 7734
  • Assessor Parcel Number 1234403000
  • $121 per year additional tax assessments

Community Details

Overview

  • Rolling Hills Association, Phone Number (310) 663-1177
  • Fallbrook Subdivision
  • Maintained Community
  • RV Parking in Community

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Park
  • Community Stables
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Security

  • 24-Hour Security
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,944

Year Built

Built in 1990 | Remodeled

Lot Details

0

HOA Fees

$550 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Gated with Attendant, Gated Community, Gated with Guard, Guarded, Security Lights, Smoke Detector(s)
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Zoning: A70
  • Architectural Style: Spanish
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1234403000
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3000.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Crown Molding, High Ceilings, Pantry, Tile Counters, Tray Ceiling(s)
  • Stories: 1
  • Entry Location: main floor
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 425.00
  • Room Type: All Bedrooms Down, Entry, Family Room, Foyer, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom, Office
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Double Sinks In Master Bath, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Hills, Mountain(s), Orchard, Panoramic
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Concrete, Patio Open
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway Level, Garage, Garage - Three Door, On Site, RV Access/Parking
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Electric Range, Microwave, Trash Compactor, Water Heater
  • Heating Type: Central, Zoned
  • Laundry Features: Inside
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Tennis Court(s), Horse Trails, Clubhouse, Common RV Parking, Maintenance Grounds, Guard, Security, Controlled Access
  • Association Fee: 550.00
  • Association Fee Frequency: Monthly
  • Association Name: Rolling Hills
  • Phone: 3106631177
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Curbs, Hiking, Horse Trails, Park, Stable(s), Street Lights
  • Association Management: RH

Schools

  • School District: Fallbrook Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Back Yard, Close to Clubhouse, Corner Lot, Front Yard, Landscaped, Level, Patio Home, Secluded, Yard
  • Lot Size Sq Ft: 139828.00
  • Lot Size Acres: 3.2100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 139828.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 188.04
  • Tax Lot: 7
  • Tax Tract Number: 7734
  • TaxOtherAnnualAssessmentAmount: 121.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Jan 19, 2023
Sold by
Horn Fred and Horn Sue
Bought by
Dong Yasmine
Seller's Agent
Billy Long
Balboa Real Estate, Inc
Buyer's Agent
Billy Long
Balboa Real Estate, Inc
List Price
$1,488,888
Sold Price
$1,275,000
Premium/Discount to List
-$213,888
-14.37%
Views
106
Current Estimated Value
$1,526,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,993
Avg. Annual Appreciation
7.07%
Original Mortgage
$875,032
Outstanding Balance
$847,660
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$679,333

Purchase Details

Closed on
Jun 6, 2018
Sold by
Espinoza Rafael Vega and Espinoza Maria Lourdes
Bought by
Horn Fred and Horn Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 29, 2012
Sold by
Espinoza Rafael Vega and Espinoza Maria Lourdes
Bought by
Espinoza Rafael Vega and Espinoza Maria Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2009
Sold by
Reese Heather
Bought by
Reese Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 14, 2009
Sold by
Reese Peter
Bought by
Espinoza V Rafael and Espinoza Maria Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 20, 2009
Sold by
Perpetual Innovation Corporation
Bought by
Reese Peter

Purchase Details

Closed on
Jul 30, 2007
Sold by
Reese Peter
Bought by
Perpetual Innovation Corp

Purchase Details

Closed on
Jul 28, 2006
Sold by
Reese Heather
Bought by
Reese Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,500
Interest Rate
8.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 15, 1994
Sold by
Boston Harbor Corp
Bought by
Craig Robert and Craig Charlene

Purchase Details

Closed on
Jul 7, 1994
Sold by
Turner Harold and Turner Anna L
Bought by
Boston Harbor Corp
Source: Public Records

Range of Values:

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Average Value
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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
Dong Yasmine $1,275,000 Fidelity National Title
Horn Fred $729,000 Equity Title Company
Espinoza Rafael Vega -- Equity Title Company
Reese Peter -- Chicago Title Company
Espinoza V Rafael $600,000 Chicago Title Company
Reese Peter -- First American Title
Perpetual Innovation Corp -- First American Title
Reese Peter -- First American Title
Reese Peter $918,000 First American Title
Craig Robert $397,500 First American Title Co
Boston Harbor Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dong Yasmine $875,032
Previous Owner Horn Fred $656,000
Previous Owner Espinoza Rafael Vega $401,000
Previous Owner Espinoza V Rafael $417,000
Previous Owner Reese Peter $688,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2023 02/11/23 Sold $1,275,000 -5.5% $425 / Sq Ft
01/15/2023 01/15/23 Pending -- -- --
01/09/2023 01/09/23 Price Changed $1,349,888 -6.9% $450 / Sq Ft
01/03/2023 01/03/23 Price Changed $1,449,888 -2.6% $483 / Sq Ft
12/25/2022 12/25/22 For Sale $1,488,888 +16.8% $496 / Sq Ft
12/23/2022 12/23/22 Off Market $1,275,000 -- --
12/06/2022 12/06/22 Price Changed $1,488,888 +6.4% $496 / Sq Ft
10/25/2022 10/25/22 For Sale $1,399,000 -- $466 / 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 $13,944 $1,326,510 $728,280 $598,230
2024 $13,944 $1,300,500 $714,000 $586,500
2023 $8,535 $797,263 $520,321 $276,942
2022 $8,539 $781,631 $510,119 $271,512
2021 $8,259 $766,306 $500,117 $266,189
2020 $8,325 $758,449 $494,989 $263,460
2019 $8,165 $743,579 $485,284 $258,295
2018 $7,518 $680,661 $444,221 $236,440
2017 $7,372 $667,315 $435,511 $231,804
2016 $7,191 $654,231 $426,972 $227,259
2015 $7,071 $644,405 $420,559 $223,846
2014 $6,865 $625,000 $406,000 $219,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22229025

California Regional Multiple Listing Service (CRMLS)

APN: 123-440-30