NOT LISTED FOR SALE

2908 Sumac Rd Fallbrook, CA 92028

Estimated Value: $1,170,000 - $1,367,954

5 Beds
2.5 Baths
3,404 Sq Ft
$374/Sq Ft Est. Value

Last Sold November 18, 2020

Last sale price $790,000 $232 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $7,522/month

83 Days on Market

Highlights

  • Custom Home
  • Property Near a Canyon
  • Bonus Room
  • Bluff on Lot
  • Retreat
  • Great Room

About This Home

As of November 2020

You've discovered a magical & custom home built with much love by a master carpenter. Your views are stunning as they sweep down the mountain's eastern exposure. SUCH AN OPPORTUNITY! You'll enjoy those sweeping views from your bedroom, living room, office, & family room. This just might be the best possible home to celebrate your inner artist. https://www.fallbrooklandconservancy.org/engel-preserve-1 abuts the lot. NO HOA / NO MELLO ROOS. Every inch of this masterpiece was fabricated by the owner who is a master craftsman; including but not limited to the metal, stone, and fabulous woodwork. There are flying fish on the ceiling of the octagonal office with a gabled ceiling. THE FISH APPEAR TO BE FLYING THROUGH THE ROOF; wooden inside, metal outside.

Last Agent to Sell the Property

Kenny Patrick

Coldwell Banker West License #02001728 Listed on: 07/31/2020

Coldwell Banker West

Last Buyer's Agent

Kenny Patrick

Coldwell Banker West License #02001728 Listed on: 07/31/2020

Coldwell Banker West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,099

Year Built

  • Built in 2004

Lot Details

  • Property Near a Canyon
  • Bluff on Lot
  • Steep Slope

Parking

  • 5 Car Direct Access Garage
  • Side Facing Garage
  • Single Garage Door
  • Uncovered Parking

Home Design

  • Custom Home
  • Composition Roof
  • Wood Siding
  • Metal Siding
  • Stucco Exterior
  • Stone Exterior Construction
  • Flagstone

Interior Spaces

  • 3,404 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Area
  • Bonus Room
  • Workshop
  • Storage Room

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Built-In Range

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Shed

Utilities

  • Separate Water Meter
  • Septic System

Community Details

  • Mountainous Community

Listing and Financial Details

  • Assessor Parcel Number 125-020-28-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,099

Year Built

Built in 2004

Lot Details

0

Parking

5

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Custom Built
  • Residential Styles: Detached
  • Market Area: North County
  • Cross Street: Pala Mesa Dr
  • Neighborhood: Pala Mesa South
  • Supplement: https://www.fallbrooklandconservancy.org/engel-preserve-1 abuts the lot. NO HOA / NO MELLO ROOS. Every inch of this masterpiece was fabricated by the owner who is a master craftsman; including but not limited to the metal, stone, and fabulous woodwork. There are flying fish on the ceiling of the octagonal office with a gabled ceiling. THE FISH APPEAR TO BE FLYING THROUGH THE ROOF; wooden inside, metal outside.
  • LP / Sq Ft: 261.45
  • Price Per Sq Ft: 232.08
  • SP/ Sq Ft: 232.08
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 2004
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Stained Concrete
  • Equipment Available: Dryer, Refrigerator, Shed(s), Washer, Built In Range, Counter Top, Propane Cooking
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Searchable Rooms: Bedroom Entry Level, Bonus Room, Breakfast Area, Dining Area, Family Room, Great Room, Master Retreat, MBR Entry Level, Optional Bedrooms, Storage Room, Workshop, Kitchen, Living Room, Master Bedroom, All Bedrooms Down, Entry, Family Kitchen, Foyer, Jack & Jill, Laundry, Master Bathroom, Walk-In Closet, Walk-In Pantry
  • Total Bedrooms: 5
  • Bedrooms: 3
  • Master Bedroom Dimensions: 20x15
  • Optional Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 3404
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Metal, Stone, Stucco, Wood, Flagstone
  • Roof: Composition

Garage/Parking

  • Garage Details: Attached, Detached, Direct Garage Access, Garage - Side Entry, Garage - Single Door
  • Garage Spaces: 5
  • Non Garage Parking: Uncovered
  • Garage Spaces: 10
  • Parking Spaces Total: 15

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric
  • Sewer/Septic: Septic Installed
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Propane

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: FALLBROOK

Lot Info

  • Lot Size: 4+ to 10 AC
  • Topography: Bluff/Canyon Rim, Canyon/Valley, Mountainous, Rolling, Slope Steep
  • Assessor Parcel Number: 125-020-28-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Nov 3, 2020
Sold by
Obrien Michael J
Bought by
Loftus Michael N and Loftus Fernando Joe
Seller's Agent
Kenny Patrick
Coldwell Banker West
Buyer's Agent
Kenny Patrick
Coldwell Banker West
List Price
$989,974
Sold Price
$790,000
Premium/Discount to List
-$199,974
-20.2%
Total Days on Market
83
Current Estimated Value
$1,274,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$484,489
Avg. Annual Appreciation
11.03%

Purchase Details

Closed on
Feb 13, 1995
Sold by
Engel John Rodger
Bought by
Obrien Michael J
Source: Public Records

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Range of Values:

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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
Loftus Michael N $790,000 Ticor Title San Diego Branch
Obrien Michael J $62,500 First American Title Co
Obrien Michael J $62,500 First American Title Co
Engel Rodger Roy -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Obrien Michael J $706,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 Sold $790,000 -11.2% $232 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
08/08/2020 08/08/20 Price Changed $889,974 -10.1% $261 / Sq Ft
07/31/2020 07/31/20 For Sale $989,974 -- $291 / Sq Ft
Source: San Diego MLS

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
2024 $9,099 $838,352 $199,361 $638,991
2023 $8,964 $821,914 $195,452 $626,462
2022 $8,817 $805,799 $191,620 $614,179
2021 $8,668 $790,000 $187,863 $602,137
2020 $7,747 $726,545 $172,773 $553,772
2019 $7,603 $712,300 $169,386 $542,914
2018 $7,641 $698,334 $166,065 $532,269
2017 $7,492 $684,642 $162,809 $521,833
2016 $7,319 $671,218 $159,617 $511,601
2015 $7,206 $661,137 $157,220 $503,917
2014 $7,064 $648,187 $154,141 $494,046
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200036213

San Diego MLS

APN: 125-020-28