NOT LISTED FOR SALE

2481 Arabian Trail Fallbrook, CA 92028

Estimated Value: $1,303,814 - $1,373,000

3 Beds
2.5 Baths
3,302 Sq Ft
$402/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $1,165,000 $353 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $8,121/month

25 Days on Market

Highlights

  • Greenhouse
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Craftsman Architecture
  • Cathedral Ceiling
  • Granite Countertops

About This Home

As of May 2023

Located in the beautiful countryside of Fallbrook, this Michael Pierce constructed single story home is perfect for entertaining . You'll appreciate the unique details from the moment you arrive through the private gate. 1.15 acres of fully fenced, meticulously maintained, park like grounds. So many amazing outdoor living spaces to enjoy. Sit out front in the private garden courtyard or the long sprawling back patio . Stroll down one of the paths to a large covered patio with the sights and sounds of the KOI pond. Beautifully lit at night and a serene place to hang out and entertain. Plenty of outside storage rooms for hobbies. Also an approx. 600sf detached room for a studio, home gym, workshop, self-contained ADU or whatever you envision. As you enter the main house you'll enjoy the soaring ceilings that vary from room to room with wood, coffered, beams and skylights. Flowing floor plan with pavers, wood and new carpet. 3 beautiful fireplaces with one beehive design in the spacious main bedroom. Craftsman style detail throughout this entire home. So much more ! There are countless ways to enjoy 2481 Arabian Trail.

Last Agent to Sell the Property

Jane Felton

Coldwell Banker Village Prop License #01942026 Listed on: 04/20/2023

Coldwell Banker Village Prop

Last Buyer's Agent

James Shelby

Real Brokerage Technologies License #01934670

Real Brokerage Technologies

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,736

Year Built

  • Built in 1990

Lot Details

  • 1.15 Acre Lot
  • Cul-De-Sac
  • Wrought Iron Fence
  • Vinyl Fence
  • Chain Link Fence
  • Gentle Sloping Lot
  • Property is zoned R1

Parking

  • 3 Car Attached Garage
  • 8 Open Parking Spaces
  • Automatic Gate

Home Design

  • Craftsman Architecture
  • Entry on the 1st floor
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,302 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Double Pane Windows
  • Bay Window
  • French Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Property Views

Kitchen

  • Open to Family Room
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Mirrored Closets Doors
  • Granite Bathroom Countertops
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub

Laundry

  • Laundry Room
  • Propane Dryer Hookup

Outdoor Features

  • Concrete Porch or Patio
  • Greenhouse
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Standard Electricity
  • Cable TV Available

Listing and Financial Details

  • Tax Tract Number 11055
  • Assessor Parcel Number 1231105800

Community Details

Overview

  • No Home Owners Association
  • Foothills

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,736

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate
  • View: Yes
  • Zoning: R1
  • Architectural Style: Craftsman
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1231105800
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3302.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Pantry, Tile Counters, Tray Ceiling(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors, Mirror Closet Door(s)
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Wood Burning
  • Levels: One
  • Price Per Square Foot: 352.82
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom, Walk-In Closet
  • Window Features: Bay Window(s), Double Pane Windows, Skylight(s)
  • Bathroom Features: Double Sinks In Master Bath, Granite Counters, Tile Counters, Bathtub
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Kitchen Island

Exterior Features

  • Patio: Yes
  • Foundation: Concrete Perimeter
  • Other Structures: Greenhouse, Shed(s), Storage
  • Fence: Yes
  • Fencing: Chain Link, Vinyl, Wrought Iron
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: No
  • Total Parking Spaces: 11.00
  • Uncovered Spaces: 8.00

Utilities

  • Utilities: Cable Available
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Disposal, Gas Cooktop, Microwave, Refrigerator
  • Electric: Standard
  • Heating Type: Forced Air, Propane
  • Laundry Features: Electric Dryer Hookup, Individual Room, Inside, Propane Dryer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Gentle Sloping
  • Lot Size Sq Ft: 50094.00
  • Lot Size Acres: 1.1500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1.1500 Acres
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: 11055

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
May 17, 2023
Sold by
Casserly Kevin S and Casserly Cathy
Bought by
Nilarp Family Trust
Seller's Agent
Jane Felton
Coldwell Banker Village Prop
Buyer's Agent
James Shelby
Real Brokerage Technologies
List Price
$1,199,000
Sold Price
$1,165,000
Premium/Discount to List
-$34,000
-2.84%
Views
67
Current Estimated Value
$1,326,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,454
Avg. Annual Appreciation
5.68%

Purchase Details

Closed on
Apr 7, 2016
Sold by
Casserly Kevin S
Bought by
Casserly Kevin S and Casserly Cathy

Purchase Details

Listed on
Feb 14, 2012
Closed on
May 1, 2012
Sold by
Cordner Christopher N and Cordner Shirley T
Bought by
Casserly Kevin S
Seller's Agent
Deborah Danko
Real Living Lifestyles
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$649,000
Sold Price
$556,000
Premium/Discount to List
-$93,000
-14.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$225,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2006
Sold by
Cordner Christopher N and Cordner Shirley T
Bought by
Cordner Christopher N and Cordner Shirley T

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
6.38%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 18, 2006
Sold by
Cordner Christopher Norman and Cordner Shirley Tanner
Bought by
Cordner Christopher N and Cordner Shirley T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,000
Interest Rate
6.52%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 19, 2006
Sold by
Cordner Christopher N and Cordner Shirley T
Bought by
Cordner Christopher N and Cordner Shirley T

Purchase Details

Closed on
Aug 8, 2003
Sold by
Richter Shirley Tanner and Cordner Christopher Norman
Bought by
Cordner Christopher Norman and Cordner Shirley Tanner

Purchase Details

Closed on
Apr 4, 2003
Sold by
Richter Shirley Tanner
Bought by
Richter Shirley Tanner and Cordner Christopher N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,250
Interest Rate
5.54%

Purchase Details

Closed on
Aug 5, 2002
Sold by
Douke Daniel and Douke Nadine
Bought by
Richter Shirley Tanner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,500
Interest Rate
6.29%

Purchase Details

Closed on
Aug 28, 1991

Purchase Details

Closed on
Apr 20, 1989

Purchase Details

Closed on
Apr 14, 1988

Purchase Details

Closed on
Dec 15, 1987
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Nilarp Family Trust $1,165,000 Wfg National Title Company
Casserly Kevin S -- None Available
Casserly Kevin S $556,000 Lawyers Title Insurance Co
Cordner Christopher N -- Ticor Title
Cordner Christopher N -- Ticor Title
Cordner Christopher N -- Accommodation
Cordner Christopher Norman -- Equity Title
Cordner Christopher N -- None Available
Cordner Christopher Norman -- --
Richter Shirley Tanner -- Fidelity National Title
Richter Shirley Tanner $515,000 First American Title
-- $365,000 --
-- $365,000 --
-- $67,500 --
-- $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Casserly Kevin S $225,000
Previous Owner Cordner Christopher N $417,000
Previous Owner Cordner Christopher Norman $377,000
Previous Owner Richter Shirley Tanner $471,250
Previous Owner Richter Shirley Tanner $463,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2023 05/31/23 Sold $1,165,000 -2.8% $353 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $1,199,000 +115.6% $363 / Sq Ft
05/25/2012 05/25/12 Sold $556,000 -3.3% $168 / Sq Ft View Prior Sale
04/02/2012 04/02/12 Price Changed $575,000 -2.4% $174 / Sq Ft
03/17/2012 03/17/12 Price Changed $589,000 -7.8% $178 / Sq Ft
03/06/2012 03/06/12 Price Changed $639,000 -1.5% $194 / Sq Ft
02/14/2012 02/14/12 For Sale $649,000 -- $197 / 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 $12,736 $1,212,066 $676,260 $535,806
2024 $12,736 $1,188,300 $663,000 $525,300
2023 $7,135 $671,237 $238,589 $432,648
2022 $7,138 $658,076 $233,911 $424,165
2021 $6,898 $645,174 $229,325 $415,849
2020 $6,952 $638,559 $226,974 $411,585
2019 $6,814 $626,039 $222,524 $403,515
2018 $6,711 $613,764 $218,161 $395,603
2017 $6,579 $601,731 $213,884 $387,847
2016 $6,415 $589,934 $209,691 $380,243
2015 $6,314 $581,074 $206,542 $374,532
2014 $6,194 $569,693 $202,497 $367,196
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2302893

California Regional Multiple Listing Service (CRMLS)

APN: 123-110-58