NOT LISTED FOR SALE

2829 Montecito Dr Fallbrook, CA 92028

Estimated Value: $1,262,587 - $1,404,000

4 Beds
2.5 Baths
3,563 Sq Ft
$372/Sq Ft Est. Value

Last Sold September 11, 2015

Last sale price $750,000 $210 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $7,722/month

35 Days on Market

Highlights

  • Mountain View
  • Retreat
  • Mediterranean Architecture
  • La Paloma Elementary School Rated 9+
  • Wood Flooring
  • Great Room

About This Home

As of September 2015

Welcome to Magnolia Hills, a high end development in Fallbrook. This semi-custom home features 4 bed/3 baths & a huge 3 car garage on 1.22 acres with sweeping views of surrounding hills & city lights. This tastefully upgraded home has owned solar, built-in home theatre, custom paint,Brazilian wood floors, Italian tile, granite and travertine counters, stainless steel appliances such as a gas Wolf stove-top. Entertain in style in the large open kitchen, and large dining room while enjoying the view! Neighborhoods: Magnolia Hills Equipment: Dryer,Fire Sprinklers,Garage Door Opener, Range/Oven, Washer Other Fees: 250 Sewer: Septic Installed Topography: LL,GSL,SSLP

Last Agent to Sell the Property

Deanna Parks

tenXrealty License #01811485 Listed on: 07/08/2015

Last Buyer's Agent

Scott Mitchener

Gabilan Properties License #00945168

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 1.22 Acre Lot
  • Drip System Landscaping
  • Sprinkler System

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Mediterranean Architecture
  • Concrete Roof
  • Stucco

Interior Spaces

  • 3,563 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Great Room
  • Home Office
  • Home Gym
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Slab Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 1235101900

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Magnolia Hills
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1235101900
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3563.00
  • Stories: 1
  • Flooring: Carpet, Laminate, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 210.50
  • Room Type: Main Floor Bedroom, Exercise Room, Great Room, Retreat, Main Floor Master Bedroom, Office

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Patio And Porch Features: Slab
  • Pool Private: No
  • Roof: Concrete
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Heating Type: Natural Gas, Fireplace(s), Forced Air
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Features: Sprinklers Drip System, Sprinkler System
  • Lot Size Acres: 1.2200

Multi Family

  • Lot Size Area: 1.2200 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2015
Closed on
Aug 18, 2015
Sold by
Zalevsky Jonathan and Defea Kathryn A
Bought by
Kidd Eddie R and Kidd Carol M
Seller's Agent
Deanna Parks
tenXrealty
Buyer's Agent
Scott Mitchener
Gabilan Properties
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$1,326,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$576,647
Avg. Annual Appreciation
5.69%
Original Mortgage
$425,000
Outstanding Balance
$332,890
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$993,757

Purchase Details

Closed on
Oct 28, 2009
Sold by
Hsbc Bank Usa National Association
Bought by
Valles Kevin B and Valles Dorian L

Purchase Details

Closed on
Aug 18, 2009
Sold by
Mincey Peggy S and Mincey Derrell
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Mar 7, 2007
Sold by
Mincey Derrell and Mincey Peggy S
Bought by
Mincey Derrell and Mincey Peggy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
6.29%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 13, 2005
Sold by
Ross Stephen O and Ross Melissa
Bought by
Mincey Derrell and Mincey Peggy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2004
Sold by
Ross Stephen O
Bought by
Ross Stephen O and Ross Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
1.75%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 28, 2001
Sold by
Fb 2000 Llc
Bought by
Ross Stephen O and Ross Melissa

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
6.89%
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
Kidd Eddie R $750,000 First American Title Ins Co
Valles Kevin B $565,000 First American Title Company
Hsbc Bank Usa National Association $1,002,500 Accommodation
Mincey Derrell -- First American Title
Mincey Derrell $980,000 California Title Company
Ross Stephen O -- Stewart Title Irvine
Ross Stephen O -- Stewart Title
Ross Stephen O $490,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kidd Eddie R $425,000
Previous Owner Mincey Derrell $940,000
Previous Owner Mincey Derrell $735,000
Previous Owner Ross Stephen O $595,000
Previous Owner Ross Stephen O $240,000
Closed Mincey Derrell $147,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2015 09/11/15 Sold $750,000 0.0% $210 / Sq Ft
08/12/2015 08/12/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $750,000 -- $210 / 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 $9,266 $887,838 $163,358 $724,480
2024 $9,266 $870,430 $160,155 $710,275
2023 $8,989 $853,364 $157,015 $696,349
2022 $8,992 $836,633 $153,937 $682,696
2021 $8,692 $820,229 $150,919 $669,310
2020 $8,762 $811,820 $149,372 $662,448
2019 $8,590 $795,903 $146,444 $649,459
2018 $8,459 $780,298 $143,573 $636,725
2017 $750 $764,999 $140,758 $624,241
2016 $8,084 $750,000 $137,999 $612,001
2015 $7,933 $730,330 $134,380 $595,950
2014 $7,782 $716,025 $131,748 $584,277
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Deanna Parks

    tenXrealty

  • S

    Buyer's Agent in 2015

    Scott Mitchener

    Gabilan Properties

  • John Graef

    Buyer's Agent in 2015

    John Graef

    eXp Realty of Southern CA

    (760) 453-1491

    4 in this area

    10 Total Sales

    John Graef
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 150038202

California Regional Multiple Listing Service (CRMLS)

APN: 123-510-19

California San Diego County Fallbrook 92028

2829 Montecito Dr, Fallbrook, CA

Not Listed for Sale

Detached

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