NOT LISTED FOR SALE

2034 Santa Margarita Dr Fallbrook, CA 92028

Estimated Value: $1,122,000 - $1,335,000

3 Beds
3 Baths
2,803 Sq Ft
$424/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $769,000 $274 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,855/month

5 Days on Market

Highlights

  • Heated Pool and Spa
  • Panoramic View
  • Updated Kitchen
  • Solar Power System
  • Gated Community
  • Property Near a Canyon

About This Home

As of August 2020

Views, views, views! Over $80,000 in upgrades and located in the private gated community of Edgewater Estates, this is the home you have been searching for! This lovely 1 story home has 3 sizable bedrooms, each with its own en suite bathroom. Home has fully owned SOLAR, beautiful engineered wood floors, solar tube in bathroom, and all new kitchen appliances. Master bathroom was remodeled with granite stone counters and beveled mirrors. The second bathroom features granite stone counters and the third features Travertine counters. Incredible attention to detail including wood beamed detail overhead, accompanied by wood-burning fireplace, seven pocket doors, and lights in every closet. The kitchen features stainless steel appliances, granite counters, and a large separate pantry. The home is equipped with dual A/C units and in 2012 the septic was redone. The backyard features several beautiful areas including a pool, and desert friendly cactus garden. A large side yard is lined with lemon, orange and lime trees. Breathtaking 360-degree views are visible from most every room in the house.

Last Agent to Sell the Property

Ilana Herring

LPT Realty,Inc License #02003089 Listed on: 07/16/2020

LPT Realty,Inc

Last Buyer's Agent

Beatriz Valentine

Beatriz Valentine License #00679568

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003 | Remodeled

Lot Details

  • 0.58 Acre Lot
  • Property Near a Canyon
  • Private Streets
  • Property is Fully Fenced
  • Property is zoned R-1:SINGLE

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Panoramic
  • Woods
  • Mountain
  • Meadow
  • Valley

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2,803 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Security Gate

Kitchen

  • Updated Kitchen
  • Self-Cleaning Oven
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Power System
  • Solar Heating System

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool
  • Heated Spa
  • Pool Heated With Propane
  • Pool Equipment or Cover

Outdoor Features

  • Stone Porch or Patio

Schools

  • Fallbrook Union Elementary District
  • Fallbrook Union High School District

Utilities

  • Forced Air Heating and Cooling System
  • Propane Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 102-440-38-00

Community Details

Overview

  • Association fees include common area maintenance, gated community
  • Edgewater Estates HOA, Phone Number (760) 518-7890
  • Edgewater Estates Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2003 | Remodeled

Lot Details

0

HOA Fees

$2 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Property Condition: Updated/Remodeled
  • Market Area: North County
  • Cross Street: Sandia Creek Dr
  • Neighborhood: Fallbrook
  • Supplement: The second bathroom features granite stone counters and the third features Travertine counters. Incredible attention to detail including wood beamed detail overhead, accompanied by wood-burning fireplace, seven pocket doors, and lights in every closet. The kitchen features stainless steel appliances, granite counters, and a large separate pantry. The home is equipped with dual A/C units and in 2012 the septic was redone. The backyard features several beautiful areas including a pool, and desert friendly cactus garden. A large side yard is lined with lemon, orange and lime trees. Breathtaking 360-degree views are visible from most every room in the house.
  • LP / Sq Ft: 274.35
  • Price Per Sq Ft: 274.35
  • SP/ Sq Ft: 274.35
  • Stories: 1 Story
  • Total Stories: 1
  • Year Built: 2003
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bathtub, Beamed Ceilings, Ceiling Fan, Granite Counters, High Ceilings (9 Feet+), Remodeled Kitchen, Shower In Tub
  • Flooring: Tile, Wood
  • Equipment Available: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Pool/Spa/Equipment, Refrigerator, Solar Panels, Washer, 6 Burner Stove, Energy Star Appliances, Gas Stove, Range/Stove Hood, Recirculated Exhaust Fan, Self Cleaning Oven, Gas Range, Gas Cooking
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Searchable Rooms: Dining Room/Separate, Formal Entry, Master Retreat, Kitchen, Living Room, Family Kitchen, Laundry, Walk-In Closet
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 29x19
  • Full Bathrooms: 3
  • Laundry Location: Inside
  • Estimated Sq Ft: 2803
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Patio: Stone/Tile, Patio Open
  • Pool: Below Ground, Heated with Propane
  • Pool Heat: Propane
  • Roof: Composition
  • Spa: Private w/Pool, Heated
  • Spa Heat: Propane
  • View: Mountains/Hills, Panoramic, Valley/Canyon, Meadow, Trees/Woods

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Parking Spaces Total: 4

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Washer Hookup
  • Security: Gated Community
  • Sewer/Septic: Septic Installed, Public Sewer
  • Water: Public
  • Water Heater Type: Propane
  • Heating: Fireplace, Forced Air Unit
  • Heating Fuel: Solar

Condo/Co-op/Association

  • Complex Name: Edgewater Estates
  • Pets Allowed: Yes
  • Community: SAN DIEGO
  • Complex Features: Gated Community
  • Home Owner Association: Edgewater Estates HOA
  • Home Owner Association Fee Includes: Common Area Maintenance, Gated Community
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 20.0
  • HOA Payment Frequency: Annual
  • Home Owner Association Phone: 760-518-7890
  • Other Fees Type: Security Gate

Schools

  • School District URL: https://www.fuhsd.net/
  • Elementary School: Fallbrook Union Elementary District
  • Elementary School Website: https://www.fuesd.org/
  • High School: Fallbrook Union High School District
  • Middle School Url: https://www.fuesd.org/
  • Middle School: Fallbrook Union Elementary District

Lot Info

  • Lot Size: .5 to 1 AC
  • Site: Private Street
  • Topography: Canyon/Valley
  • Zoning: R-1:SINGLE
  • Additional Property Use: ORMKS
  • Assessor Parcel Number: 102-440-38-00
  • Estimated Lot Sq Ft: 25264
  • Estimated Number of Acres: 0.58
  • Map Code Column: G
  • Map Code Page: 997
  • Map Code Row: 6

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Aug 18, 2020
Sold by
Bain Donald E and Bain Michele Mccoy
Bought by
Ferrer Richard E and Ferrer Laurie Gabrielle
Seller's Agent
Ilana Herring
LPT Realty,Inc
Buyer's Agent
Beatriz Valentine
Beatriz Valentine
List Price
$769,000
Sold Price
$769,000
Current Estimated Value
$1,188,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,509
Avg. Annual Appreciation
8.41%
Original Mortgage
$615,200
Outstanding Balance
$544,708
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$643,801

Purchase Details

Closed on
Oct 2, 2017
Sold by
Bain Donald E and Bain Michele
Bought by
Bain Donald E and Bain Michele Mccoy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.86%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 13, 2014
Sold by
Bain Donald E and Bain Michele I
Bought by
Bain Donald E and Revoc Michele Mccoy Bain

Purchase Details

Closed on
Jan 17, 2007
Sold by
Domiba Enterprises Llc
Bought by
Bain Donald E and Bain Michele I

Purchase Details

Closed on
Nov 10, 2005
Sold by
Littell Joseph F
Bought by
Domiba Enterprises Llc

Purchase Details

Closed on
Feb 17, 2005
Sold by
Richards Littell Carlotta S
Bought by
Littell Joseph F

Purchase Details

Closed on
Dec 20, 2002
Sold by
Littell Carlotta Richards
Bought by
Richards Littell Carlotta S and Richards Family Trust

Purchase Details

Closed on
May 19, 1999
Sold by
Littell Joseph F
Bought by
Littell Carlotta Richards

Purchase Details

Closed on
Jul 17, 1989
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ferrer Richard E $769,000 Pacific Coast Title
Bain Donald E -- Accommodation
Bain Donald E -- Lawyers Title
Bain Donald E -- None Available
Bain Donald E -- None Available
Domiba Enterprises Llc $860,000 Chicago Title Co
Littell Joseph F -- --
Richards Littell Carlotta S -- --
Littell Carlotta Richards -- First American Title Ins Co
Littell Joseph F -- First American Title Ins Co
Littell Joseph F $436,000 First American Title Ins Co
-- $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrer Richard E $615,200
Previous Owner Bain Donald E $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2020 08/26/20 Sold $769,000 0.0% $274 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $769,000 -- $274 / Sq Ft
Source: San Diego MLS

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 $7,661 $735,631 $303,816 $431,815
2024 $7,661 $721,208 $297,859 $423,349
2023 $7,430 $707,068 $292,019 $415,049
2022 $7,433 $693,205 $286,294 $406,911
2021 $7,180 $679,614 $280,681 $398,933
2020 $8,504 $790,000 $326,000 $464,000
2019 $8,177 $760,000 $314,000 $446,000
2018 $8,214 $760,000 $314,000 $446,000
2017 $750 $700,000 $290,000 $410,000
2016 $7,163 $660,000 $274,000 $386,000
2015 $6,725 $620,000 $258,000 $362,000
2014 $6,512 $600,000 $250,000 $350,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200033304

San Diego MLS

APN: 102-440-38