NOT LISTED FOR SALE

2573 Gum Tree Ln Fallbrook, CA 92028

Estimated Value: $763,000 - $898,000

3 Beds
2 Baths
1,810 Sq Ft
$460/Sq Ft Est. Value

Last Sold February 06, 2019

Last sale price $535,000 $296 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,827/month

35 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Walk-In Pantry
  • Eat-In Kitchen
  • Bonus Room
  • Family Room Off Kitchen
  • Walk-In Closet

About This Home

As of February 2019

Live Auction! Bidding to start from $450,000! This stunning remodeled 3bed/2bath single story home embodies the word charm. You approach the winding tree-shaded road up to the views at the front of the home. The high ceilings & large family room w/ fireplace open to the dining room & gorgeously updated gourmet kitchen. The warm colors of the wood-like laminate flooring, spiral staircase to the secret library, hallway with built-ins, large rooms & stone fireplace in the master all show you this is special. Neighborhoods: Gumtree Other Fees: 0 Sewer: Septic Installed Topography: LL,GSL

Last Agent to Sell the Property

Rebecca Monge

Compass License #01961244 Listed on: 11/09/2018

Compass

Last Buyer's Agent

Nicole Mascola

Nicole Mascola, Broker License #01234145

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 0.37 Acre Lot
  • Partially Fenced Property
  • Chain Link Fence

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Concrete Roof
  • Wood Siding

Interior Spaces

  • 1,810 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Bonus Room
  • Center Hall

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1052001400

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Fallbrook
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1052001400
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1810.00
  • Stories: 1
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area, Family Kitchen
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: One
  • Price Per Square Foot: 295.58
  • Room Type: Main Floor Bedroom, Bonus Room, Family Room, Formal Entry, Main Floor Master Bedroom, Kitchen, All Bedrooms Down, Center Hall, Laundry, Master Bathroom, Walk-In Closet, Walk-In Pantry

Exterior Features

  • Fence: Yes
  • Fencing: Partial, Chain Link
  • Pool Private: No
  • Roof: Concrete
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Uncovered, Driveway, Garage Faces Front, Garage Faces Side
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Heating Type: Propane, Wood, Fireplace(s), Forced Air
  • Laundry Features: Washer Hookup, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 16055.00
  • Lot Size Acres: 0.3700

Multi Family

  • Lot Size Area: 16055.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2018
Closed on
Jan 7, 2019
Sold by
Walden Harvey James Grant and Walden Harvey Julie A
Bought by
Edgman Joseph A and Edgman Martha A
Seller's Agent
Rebecca Monge
Compass
Buyer's Agent
Nicole Mascola
Nicole Mascola, Broker
List Price
$450,000
Sold Price
$535,000
Premium/Discount to List
$85,000
18.89%
Current Estimated Value
$832,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,562
Avg. Annual Appreciation
6.57%
Original Mortgage
$535,000
Outstanding Balance
$469,414
Interest Rate
4.5%
Mortgage Type
VA
Estimated Equity
$363,148

Purchase Details

Closed on
Jul 31, 2018
Sold by
Harvey James Grant and Harvey Julie Ann Walden
Bought by
Harvey James Grant and Harvey Julie A Walden

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 14, 2003
Sold by
Harvey James Grant and Harvey Julie Ann Walden
Bought by
Harvey James Grant and Harvey Julie Ann Walden

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 1994
Sold by
Texas Commerce Bank National Assn
Bought by
Ge Capital Asset Management Corp

Purchase Details

Closed on
Jan 20, 1994
Sold by
Ge Capital Asset Management Corp
Bought by
Harvey James Grant and Harvey Julie Ann Walden

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,130
Interest Rate
7.79%
Mortgage Type
VA

Purchase Details

Closed on
Jan 17, 1990

Purchase Details

Closed on
May 20, 1985
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
Edgman Joseph A $535,000 First American Title Company
Harvey James Grant -- Lawyers Title
Harvey James Grant -- New Century Title Company
Ge Capital Asset Management Corp -- First American Title Co
Harvey James Grant $132,000 First American Title Co
-- $200,000 --
-- $127,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edgman Joseph A $535,000
Previous Owner Harvey James Grant $200,000
Previous Owner Harvey James Grant $154,000
Previous Owner Harvey James Grant $134,130
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2019 02/06/19 Sold $535,000 +18.9% $296 / Sq Ft
12/14/2018 12/14/18 Pending -- -- --
11/09/2018 11/09/18 For Sale $450,000 -- $249 / 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 $6,206 $596,796 $275,431 $321,365
2024 $6,206 $585,095 $270,031 $315,064
2023 $6,021 $573,624 $264,737 $308,887
2022 $6,023 $562,378 $259,547 $302,831
2021 $5,818 $551,352 $254,458 $296,894
2020 $5,862 $545,699 $251,849 $293,850
2019 $2,102 $198,054 $91,405 $106,649
2018 $2,069 $194,171 $89,613 $104,558
2017 $2,027 $190,364 $87,856 $102,508
2016 $1,974 $186,633 $86,134 $100,499
2015 $1,942 $183,831 $84,841 $98,990
2014 $1,905 $180,231 $83,180 $97,051
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 180062747

California Regional Multiple Listing Service (CRMLS)

APN: 105-200-14