NOT LISTED FOR SALE

2543 Gum Tree Ln Fallbrook, CA 92028

Estimated Value: $744,705 - $1,036,000

4 Beds
3 Baths
2,900 Sq Ft
$296/Sq Ft Est. Value

Last Sold March 27, 2020

Last sale price $545,000 $188 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,051/month

92 Days on Market

Highlights

  • Parking available for a boat
  • Maid or Guest Quarters
  • Bonus Room
  • Gated Parking
  • Main Floor Bedroom
  • Great Room

About This Home

As of March 2020

This hill side cottage grew into a bright and spacious 8 room home overlooking an orchard with a variety of delectable fruit: tangerines, lemons, passion fruit, and more. Move in ready, freshly painted, inside out with gleaming oak floors. More storage than can be described . Oversized patio perfect for entertaining while enjoying the sunset over the hills. The lower level has its own entry for guests, and can easily be converted into a granny flat. (ADU). 2 finished garages plus RV parking. Neighborhoods: Fallbrook Equipment: Dryer,Garage Door Opener, Water Filtration Other Fees: 0 Sewer: Septic Installed Topography: LL

Last Agent to Sell the Property

Martine Lusby

Morningstar Realty License #01383105 Listed on: 12/01/2019

Last Buyer's Agent

Terry Terflinger

Terry Terflinger Appraisal License #50029017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,273

Year Built

  • Built in 1956

Lot Details

  • 0.6

Parking

  • 3 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Gated Parking
  • Parking Lot
  • Off-Street Parking
  • Parking available for a boat

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 2,900 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Bonus Room
  • Game Room
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Electric Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Water Purifier
  • Water Softener

Listing and Financial Details

  • Assessor Parcel Number 1052001700

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,273

Year Built

Built in 1956

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Fallbrook
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1052001700
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2900.00
  • Stories: 2
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Area, Dining Room
  • Fireplace Features: Dining Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 187.93
  • Room Type: Main Floor Bedroom, Bonus Room, Exercise Room, Family Room, Formal Entry, Great Room, Guest/Maid's Quarters, Game Room, Living Room, Laundry

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Gated, Driveway, Boat, Off Street, Parking Space, Private, Garage Door Opener
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Trash Compactor, Water Softener, Electric Range, Free-Standing Range, Water Purifier
  • Heating Type: Electric, Propane, Wood, Fireplace(s), Forced Air
  • Laundry Features: Electric Dryer Hookup, In Garage
  • Cooling: Central Air
  • Cooling: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2019
Closed on
Mar 15, 2020
Sold by
Braun Pamela and The Sheila M Christy Trust
Bought by
Fepew Thomas and Sjolund Catherine
Seller's Agent
Martine Lusby
Morningstar Realty
Buyer's Agent
Terry Terflinger
Terry Terflinger Appraisal
List Price
$560,000
Sold Price
$545,000
Premium/Discount to List
-$15,000
-2.68%
Current Estimated Value
$857,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,426
Avg. Annual Appreciation
8.59%
Original Mortgage
$436,000
Outstanding Balance
$387,080
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$470,346

Purchase Details

Closed on
Sep 23, 2004
Sold by
Christly Sheila M
Bought by
Christly Sheila M

Purchase Details

Closed on
May 18, 1999
Sold by
Rankin Family Trust 03-07-90 and Rankin Leo
Bought by
Christy Sheila M
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
Fepew Thomas $545,000 Fidelity National Title
Christly Sheila M -- --
Christy Sheila M $200,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fepew Thomas $436,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2020 03/27/20 Sold $545,000 -2.7% $188 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
12/01/2019 12/01/19 For Sale $560,000 -- $193 / 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 $6,273 $596,032 $284,345 $311,687
2024 $6,273 $584,346 $278,770 $305,576
2023 $6,087 $572,889 $273,304 $299,585
2022 $6,090 $561,657 $267,946 $293,711
2021 $5,885 $550,645 $262,693 $287,952
2020 $5,552 $510,000 $230,000 $280,000
2019 $3,000 $281,053 $120,362 $160,691
2018 $2,953 $275,543 $118,002 $157,541
2017 $2,893 $270,141 $115,689 $154,452
2016 $2,819 $264,845 $113,421 $151,424
2015 $2,773 $260,868 $111,718 $149,150
2014 $2,720 $255,759 $109,530 $146,229
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 190063521

California Regional Multiple Listing Service (CRMLS)

APN: 105-200-17