NOT LISTED FOR SALE

2515 Los Cerritos Ln Fallbrook, CA 92028

Estimated Value: $944,000 - $1,139,000

3 Beds
3 Baths
2,067 Sq Ft
$511/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $525,000 $254 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $6,318/month

139 Days on Market

Highlights

  • Contemporary Architecture
  • Workshop
  • 2 Car Attached Garage
  • Covered patio or porch
  • Fireplace
  • Laundry Room

About This Home

As of May 2013

STANDARD SALE! Fantastic views...complete remodel in 2007. See supplement for work that was done...like a NEW home. 3 bedroom and 3 full baths. Large covered patio. Very open, modern floorplan in a quiet county setting. Producing avocado grove pays for all water (per owner). Many family fruit trees. 100% fenced. 240 sqft detached studio/office. RV/boat parking. Great, open floorplan. The location, views and quality of this home make it a MUST see. [Supplement]: Owner/contractor completed a 100% remodel in 2008 that included replacing/adding all of the following: Roof, stucco & siding, electrical, plumbing & plumbing fixtures, window, doors & trim, flooring, cherrywood cabinets, appliances, hardware, paint, heating & AC, water heater, concrete patios & walkways, raingutters and sprinkler system. You get the picture!!! This is now a like new, meticulously maintained home with stunning views and a VERY private location.

Last Agent to Sell the Property

Rick Stephens

HomeSmart Realty West License #00691988 Listed on: 12/13/2012

HomeSmart Realty West

Co-Listed By

Tim Rosa

Tim Rosa Realty License #00616815

Last Buyer's Agent

Riffi Khaliq

Realty World-Realty Solutions License #01790764

Realty World-Realty Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,013

Year Built

  • Built in 2008

Lot Details

  • 1.23 Acre Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Parking Available
  • RV Potential

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,067 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Workshop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Covered patio or porch
  • Fire Pit
  • Shed
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 1053013700

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,013

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: FALLBROOK
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1053013700
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2067.00 Square Feet
  • Stories: 1
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Fire Pit
  • Levels: One
  • Price Per Square Foot: 253.99
  • Room Type: Workshop

Exterior Features

  • Patio: Yes
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Covered, Slab
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport, RV Potential
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Forced Air, Propane
  • Laundry Features: Dryer Included, Individual Room, Propane Dryer Hookup
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: Annually
  • Senior Community: No

Schools

  • School District: Fallbrook Union Elementary

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Steep Slope
  • Lot Size Sq Ft: 53578.80
  • Lot Size Acres: 1.2300

Multi Family

  • Lot Size Area: 1.2300 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2020
Sold by
Walker Sommer K H and Fisher Wayne G
Bought by
Fisher Wayne G and Walker Sommer K
Total Days on Market
139
Current Estimated Value
$1,056,005

Purchase Details

Closed on
Apr 24, 2020
Sold by
Walker Sommer K H and Walker Sommer K
Bought by
Walker Sommer K H and Fisher Wayne G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,689
Outstanding Balance
$505,068
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$578,450

Purchase Details

Listed on
Dec 13, 2012
Closed on
May 10, 2013
Sold by
Meyer Patrick D
Bought by
Meyer Sommer K
Seller's Agent
Rick Stephens
HomeSmart Realty West
Buyer's Agent
Riffi Khaliq
Realty World-Realty Solutions
List Price
$559,999
Sold Price
$525,000
Premium/Discount to List
-$34,999
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
Original Mortgage
$472,500
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2007
Sold by
Lee Daniel L and Lee Kathryn S
Bought by
Smith Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
7%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 16, 2006
Sold by
Beach Michael M
Bought by
Lee Daniel and Lee Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,500
Interest Rate
9.95%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 25, 2004
Sold by
Vogt Tina and Wideman Carl F
Bought by
Beach Michael M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.3%
Mortgage Type
Unknown

Purchase Details

Closed on
May 22, 2003
Sold by
Wideman Robert L
Bought by
Powell Tina and Vogt Tina
Source: Public Records

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Range of Values:

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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
Fisher Wayne G -- None Available
Walker Sommer K H -- None Available
Meyer Sommer K -- Lawyers Title Insurance Co
Meyer Sommer K $525,000 Lawyers Title Insurance Co
Smith Barry $565,000 Commonwealth Land Title Co
Smith Barry -- Commonwealth Land Title Co
Lee Daniel $565,000 First American Title
Beach Michael M $525,000 First American Title
Powell Tina -- Chicago
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Sommer K H $558,689
Closed Meyer Sommer K $472,500
Previous Owner Smith Barry $450,000
Previous Owner Smith Barry $415,000
Previous Owner Lee Daniel $508,500
Previous Owner Beach Michael M $420,000
Closed Beach Michael M $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2013 05/31/13 Sold $525,000 -6.2% $254 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
12/13/2012 12/13/12 For Sale $559,999 -- $271 / 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
2024 $5,013 $633,811 $289,741 $344,070
2023 $4,911 $621,384 $284,060 $337,324
2022 $4,999 $609,201 $278,491 $330,710
2021 $4,826 $597,257 $273,031 $324,226
2020 $6,367 $591,134 $270,232 $320,902
2019 $6,239 $579,544 $264,934 $314,610
2018 $6,143 $568,182 $259,740 $308,442
2017 $6,021 $557,043 $254,648 $302,395
2016 $5,870 $546,121 $249,655 $296,466
2015 $5,776 $537,918 $245,905 $292,013
2014 $5,665 $527,382 $241,089 $286,293
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 120060590

California Regional Multiple Listing Service (CRMLS)

APN: 105-301-37