NOT LISTED FOR SALE

2742 Sumac Rd Fallbrook, CA 92028

Estimated Value: $1,201,000 - $1,429,000

4 Beds
3 Baths
2,539 Sq Ft
$504/Sq Ft Est. Value

Highlights

  • Wine Cellar
  • Panoramic View
  • Bonus Room
  • Heated Pool
  • 2.54 Acre Lot
  • No HOA

About This Home

As of March 2022

Lovely southern style estate home on gentle usable 2.54 acres lot. Main floor Master suite, great room with fireplace, open kitchen, dinning room and two additional Bedrooms! French doors open to a wrap-around deck to enjoy the panoramic views. Separate guest area downstairs would make the perfect in-law quarters including a family/game room, bedroom, large storage area and a WINE cellar. Gentle lot with orange grove and a large inviting pool plus a above ground spa!

Last Agent to Rent the Property

Mehrnaz Arshadi

HomeSmart, Evergreen Realty License #01754075 Listed on: 03/11/2022

HomeSmart, Evergreen Realty

Last Renter's Agent

Mehrnaz Arshadi

HomeSmart, Evergreen Realty License #01754075 Listed on: 03/11/2022

HomeSmart, Evergreen Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,165

Year Built

  • Built in 1988

Lot Details

  • 2.54 Acre Lot
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Panoramic
  • City Lights
  • Woods
  • Orchard Views
  • Pool

Interior Spaces

  • 2,539 Sq Ft Home
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Den
  • Bonus Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Pool

  • Heated Pool

Utilities

  • Heating System Uses Propane
  • Conventional Septic

Listing and Financial Details

  • Security Deposit $10,000
  • 12-Month Minimum Lease Term
  • Available 3/14/22
  • Assessor Parcel Number 1250203500

Community Details

Overview

  • No Home Owners Association
  • Fallbrook Subdivision

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,165

Year Built

Built in 1988

Lot Details

0

Parking

2

Rental Info

  • Additional Rent For Pets: Yes
  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2022-03-14
  • Credit Check Paid By: Tenant
  • Deposit Key: 250
  • Deposit Pets: 1000
  • Deposit Security: 10000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 1250203500
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2539.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1.91
  • Room Type: Bonus Room, Den, Separate Family Room, Walk-In Closet, Wine Cellar

Exterior Features

  • View: City Lights, Orchard, Panoramic, Pool, Trees/Woods
  • Pool Features: Private, Heated
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Propane
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails

Schools

  • School District: Fallbrook Union

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 110642.40
  • Lot Size Acres: 2.5400

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 2.5400 Acres
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 00
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2011
Sold by
Arshadi Shahnam
Bought by
Arshadi Shahnam
Current Estimated Value
$1,280,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Outstanding Balance
$18,567
Interest Rate
4.96%
Mortgage Type
New Conventional
Estimated Equity
$1,329,411

Purchase Details

Closed on
May 27, 2004
Sold by
Arshadi Shahnam and Arshadi Noushin
Bought by
Arshadi Shahnam and Arshadi Noushin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$248,298
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,099,680

Purchase Details

Closed on
Apr 20, 2004
Sold by
Ciotti Frank D and Ciotti Irma J
Bought by
Arshadi Shahnam and Arshadi Noushin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$248,298
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,099,680

Purchase Details

Closed on
Mar 11, 2002
Sold by
Rayes Raymond N and Rayes Debbie L
Bought by
Ciotti Frank D and Ciotti Irma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
5.5%

Purchase Details

Closed on
Jul 16, 1996
Sold by
Lane David R and Lane Michele B
Bought by
Rayes Raymond N and Rayes Debbie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,700
Interest Rate
8.32%

Purchase Details

Closed on
Jul 1, 1992

Purchase Details

Closed on
May 9, 1986
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
Arshadi Shahnam -- Accommodation
Arshadi Shahnam -- First American Title Company
Arshadi Shahnam -- --
Arshadi Shahnam $750,000 First American Title
Ciotti Frank D $560,000 Southland Title Company
Rayes Raymond N $309,000 Orange Coast Title Company
-- $365,500 --
-- $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arshadi Shahnam $267,000
Closed Arshadi Shahnam $337,500
Open Arshadi Shahnam $550,000
Previous Owner Ciotti Frank D $300,700
Previous Owner Rayes Raymond N $650,000
Previous Owner Rayes Raymond N $300,000
Previous Owner Rayes Raymond N $231,700
Closed Arshadi Shahnam $87,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Rented $4,850 0.0% --
03/11/2022 03/11/22 For Rent $4,850 -- --
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 $11,165 $1,066,289 $426,516 $639,773
2024 $11,165 $1,045,382 $418,153 $627,229
2023 $10,925 $1,024,885 $409,954 $614,931
2022 $10,742 $1,004,790 $401,916 $602,874
2021 $8,618 $800,000 $332,000 $468,000
2020 $8,015 $755,000 $314,000 $441,000
2019 $7,548 $710,000 $296,000 $414,000
2018 $7,737 $710,000 $296,000 $414,000
2017 $7,305 $670,000 $280,000 $390,000
2016 $6,901 $635,000 $266,000 $369,000
2015 $6,521 $600,000 $252,000 $348,000
2014 $6,518 $600,000 $252,000 $348,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22048238

California Regional Multiple Listing Service (CRMLS)

APN: 125-020-35