NOT LISTED FOR SALE

2626 Gum Tree Ln Fallbrook, CA 92028

Estimated Value: $922,000 - $970,000

3 Beds
2.5 Baths
1,920 Sq Ft
$494/Sq Ft Est. Value

Last Sold May 09, 2019

Last sale price $567,000 $295 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,508/month

8 Days on Market

Highlights

  • Automatic Gate
  • Cathedral Ceiling
  • No HOA
  • Canyon View
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of May 2019

It's... The Lot…Gentle sloping with privacy galore on your 60,000 square foot tree covered lot. Uniquely different having 3 driveways for easy access in and out to your ...Tandem Double Car Garage... having doors at both ends. A car buff's dream having raised ceilings for lifts. Adjacent to the garage is a tandem drive through carport. Both the garage and the carport can be accessed by 2 separate driveways. Perfectly set up for a contractor or handyman with a fully permitted large storage shed with electricity. Single story, 1900 sq. ft. plus home with new paint and lighting having 3 bedrooms and 2.5 baths . Family room with fireplace and a living room that looks out over the tree lined yard. Plenty of extra additional parking for RVs, Boats and toys on an entirely different level of the yard.

Last Agent to Sell the Property

Richard Valance

Seven Gables Real Estate License #00715933 Listed on: 03/30/2019

Seven Gables Real Estate

Last Buyer's Agent

Bonnie Summers

First Principles RE License #01015962

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 1.4 Acre Lot
  • Chain Link Fence
  • Drip System Landscaping
  • Property is zoned R1

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Workshop in Garage
  • Front Facing Garage
  • Garage Door Opener
  • Up Slope from Street
  • Driveway
  • Automatic Gate
  • Parking Lot

Property Views

  • Canyon
  • Hills
  • Neighborhood

Home Design

  • Shingle Roof

Interior Spaces

  • 1,920 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Entryway
  • Family Room with Fireplace
  • Living Room

Kitchen

  • Gas Cooktop
  • Microwave

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Propane Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Propane Water Heater
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 7901
  • Assessor Parcel Number 1051903200

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1051903200
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1920.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Pantry, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 295.31
  • Room Type: All Bedrooms Down, Entry, Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
  • Window Features: Skylight(s)
  • Bathroom Features: Bathtub, Shower In Tub

Exterior Features

  • Patio: Yes
  • View: Canyon, Hills, Neighborhood
  • Fence: Yes
  • Fencing: Chain Link
  • Patio And Porch Features: Covered, Front Porch
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage Faces Front, Garage Door Opener, Gated, Parking Space, Workshop in Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Microwave, Propane Water Heater
  • Heating Type: Central, Propane
  • Laundry Features: Individual Room, Inside, Propane Dryer Hookup
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft, Sprinklers Drip System, Up Slope from Street
  • Lot Size Sq Ft: 60984.00
  • Lot Size Acres: 1.4000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 60984.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 190.01
  • Tax Lot: 4
  • Tax Tract: 7901
  • Tax Tract Number: 7901

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2020
Sold by
Bassett Kirk A
Bought by
Bassett Kirk A
Current Estimated Value
$947,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Outstanding Balance
$396,011
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$551,879

Purchase Details

Listed on
Mar 30, 2019
Closed on
Apr 10, 2019
Sold by
The Burr Survivor S Trust
Bought by
Bassett Kirk A
Seller's Agent
Richard Valance
Seven Gables Real Estate
Buyer's Agent
Bonnie Summers
First Principles RE
List Price
$599,000
Sold Price
$567,000
Premium/Discount to List
-$32,000
-5.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$453,600
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2013
Sold by
Burr Michener C
Bought by
Burr Michener C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2005
Sold by
Burr Michener C
Bought by
Burr Michener C

Purchase Details

Closed on
Oct 4, 1999
Sold by
Spiro John E and Spiro Donna L
Bought by
Burr Michener C and Burr Glenna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.84%

Purchase Details

Closed on
Sep 21, 1987
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
Bassett Kirk A -- Wfg National Title Co Of Ca
Bassett Kirk A $567,000 First American Title Company
Burr Michener C -- Lsi Title Company
Burr Michener C -- Lsi Title Company
Burr Michener C -- --
Burr Michener C $305,000 First American Title
-- $67,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bassett Kirk A $448,000
Closed Bassett Kirk A $453,600
Previous Owner Burr Michener C $312,000
Previous Owner Burr Michener C $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2019 05/09/19 Sold $567,000 -5.3% $295 / Sq Ft
04/07/2019 04/07/19 Pending -- -- --
03/30/2019 03/30/19 For Sale $599,000 -- $312 / 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 $6,667 $632,493 $185,141 $447,352
2024 $6,667 $620,092 $181,511 $438,581
2023 $6,474 $607,934 $177,952 $429,982
2022 $6,477 $596,014 $174,463 $421,551
2021 $6,259 $584,329 $171,043 $413,286
2020 $6,309 $578,339 $169,290 $409,049
2019 $4,557 $423,595 $123,994 $299,601
2018 $4,487 $415,290 $121,563 $293,727
2017 $750 $407,148 $119,180 $287,968
2016 $4,287 $399,166 $116,844 $282,322
2015 $4,218 $393,171 $115,089 $278,082
2014 $4,137 $385,470 $112,835 $272,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19065827

California Regional Multiple Listing Service (CRMLS)

APN: 105-190-32