NOT LISTED FOR SALE

2861 Red Mountain Heights Dr Fallbrook, CA 92028

Estimated Value: $1,318,000 - $1,681,000

4 Beds
4 Baths
3,656 Sq Ft
$390/Sq Ft Est. Value

About This Home

This home is located at 2861 Red Mountain Heights Dr, Fallbrook, CA 92028 and is currently estimated at $1,426,415, approximately $390 per square foot. 2861 Red Mountain Heights Dr is a home located in San Diego County with nearby schools including William H. Frazier Elementary School, James E. Potter Intermediate School, and Fallbrook High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2021
Sold by
Franz Thomas R
Bought by
Franz Thomas R and Thomas R Franz Revocable Trust
Current Estimated Value
$1,426,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Outstanding Balance
$399,271
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,027,144

Purchase Details

Closed on
Jun 16, 2010
Sold by
Taylor Robert W and Taylor Dana M
Bought by
Franz Thomas R

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
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 1999
Sold by
Hiller Melba F
Bought by
Taylor Robert W and Taylor Dana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
7.5%

Purchase Details

Closed on
Aug 19, 1998
Sold by
Schmidt Family Trust 03-11-92
Bought by
Hiller Charles H and Hiller Melba F

Purchase Details

Closed on
Dec 12, 1994
Sold by
Schmidt Patrick M and Kongable Schmidt Diana L
Bought by
Schmidt Patrick M and Schmidt Diana L

Purchase Details

Closed on
Sep 12, 1994
Sold by
Downey S & L Assoc
Bought by
Schmidt Patrick M and Kongable Schmidt Diana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,500
Interest Rate
5.95%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 6, 1994
Sold by
Willis Roger F and Willis Betty Dibias
Bought by
Downey S & L Assoc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
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
Franz Thomas R -- Ticor Title Insurance Co
Franz Thomas R $690,000 Stewart Title Of California
Taylor Robert W $525,000 New Century Title Company
Hiller Charles H $480,000 First American Title
Schmidt Patrick M -- --
Schmidt Patrick M $445,000 American Title Insurance Co
Downey S & L Assoc -- World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franz Thomas R $441,000
Closed Franz Thomas R $550,000
Previous Owner Taylor Robert W $332,500
Previous Owner Schmidt Patrick M $400,500
Source: Public Records

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 $9,335 $883,999 $263,689 $620,310
2024 $9,335 $866,667 $258,519 $608,148
2023 $9,137 $849,674 $253,450 $596,224
2022 $9,140 $833,015 $248,481 $584,534
2021 $8,836 $816,682 $243,609 $573,073
2020 $8,906 $808,309 $241,112 $567,197
2019 $8,728 $792,461 $236,385 $556,076
2018 $8,674 $776,923 $231,750 $545,173
2017 $8,507 $761,690 $227,206 $534,484
2016 $8,301 $746,755 $222,751 $524,004
2015 $8,172 $735,539 $219,406 $516,133
2014 $7,944 $721,132 $215,109 $506,023
Source: Public Records

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