NOT LISTED FOR SALE

3060 Sumac Rd Fallbrook, CA 92028

Estimated Value: $872,000 - $962,000

3 Beds
3 Baths
1,649 Sq Ft
$561/Sq Ft Est. Value

Last Sold June 27, 2016

Last sale price $515,000 $312 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,717/month

39 Days on Market

Highlights

  • In Ground Pool
  • Mountainous Community
  • 1-Story Property
  • 2 Car Attached Garage
  • Partially Fenced Property

About This Home

As of June 2016

Amazing top of the world lot with awesome south/southeastern mountain views! Enjoy a tranquil home which has 3bed/3bath/2 car attached garage (with a washer/dryer/utility sink). This split level home has travertine floors, crown molding, open kitchen with granite countertops, corner fireplace with multiple sliding doors to capture the cool breeze! Home overlooks the incredible pool/waterfall tranquility! Lots of land...multi-tier 3+ acres (which is gradable) Lots of potential and detached art studio! Awesome property which is pie shaped lot that goes down to the canyon...full irrigation system for the owner to grow all new plants throughout the hillside...lots of potential ...great neighborhood...thrive just dont survive!

Last Agent to Sell the Property

Tim Walsh

Classic Realty License #00870457 Listed on: 04/27/2016

Classic Realty

Last Buyer's Agent

Lupe Freias

NON MULTIPLE LISTING OFFICE License #00123938

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,511

Year Built

  • Built in 1998

Lot Details

  • 3.25

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1,649 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Oven or Range
  • Laundry in Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • In Ground Pool
  • Partially Fenced Property
  • Septic System

Community Details

  • Mountainous Community

Listing and Financial Details

  • Assessor Parcel Number 125-030-18-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,511

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Ranch
  • Residential Styles: Detached
  • Market Area: North County
  • Cross Street: Sage Rd
  • Neighborhood: South Pala Mesa
  • Supplement: Awesome property which is pie shaped lot that goes down to the canyon...full irrigation system for the owner to grow all new plants throughout the hillside...lots of potential ...great neighborhood...thrive just dont survive!
  • LP / Sq Ft: 363.86
  • Price Per Sq Ft: 312.31
  • SP/ Sq Ft: 312.31
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1998
  • 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

  • Equipment Available: Range/Oven
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 14x15
  • Full Bathrooms: 3
  • Laundry Location: Garage
  • Estimated Sq Ft: 1649
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Pool: Below Ground
  • Roof: Composition

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Garage Spaces: 6
  • Parking Spaces Total: 8

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric
  • Sewer/Septic: Septic Installed
  • Heating: Fireplace
  • Heating Fuel: Propane

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: FALLBROOK

Lot Info

  • Lot Size: 2+ to 4 AC
  • Topography: Mountainous
  • Assessor Parcel Number: 125-030-18-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2016
Closed on
Jun 2, 2016
Sold by
Velicer Erik A
Bought by
Vallee Bryce M and Vallee Alissa K
Seller's Agent
Tim Walsh
Classic Realty
Buyer's Agent
Lupe Freias
NON MULTIPLE LISTING OFFICE
List Price
$615,000
Sold Price
$515,000
Premium/Discount to List
-$100,000
-16.26%
Total Days on Market
39
Current Estimated Value
$925,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$410,260
Avg. Annual Appreciation
6.75%
Original Mortgage
$412,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 11, 2014
Closed on
Nov 14, 2014
Sold by
The Bank Of New York Mellon
Bought by
Velicer Erik A
Seller's Agent
Regina Rovere
ERA Donahoe Realty
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$497,500
Sold Price
$497,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.17%

Purchase Details

Listed on
Sep 11, 2014
Closed on
Nov 12, 2014
Sold by
Velicer Rona Lynette
Bought by
Velicer Erik A
Seller's Agent
Regina Rovere
ERA Donahoe Realty
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$497,500
Sold Price
$497,500

Purchase Details

Closed on
Jul 23, 2014
Sold by
Gomez Domingo
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Sep 18, 2006
Sold by
Gomez Domingo
Bought by
Gomez Domingo N and Gomez Veronica G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2006
Sold by
Gallagher Patricia
Bought by
Gallagher Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 21, 1995
Sold by
Thompson Joy Alicia
Bought by
Gallagher Patricia

Purchase Details

Closed on
Dec 6, 1993
Sold by
Thompson Dorothy G and Thompson George N
Bought by
Thompson Joy Alicia
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
Vallee Bryce M $515,000 First American Title Company
Velicer Erik A $497,500 Servicelink
Velicer Erik A -- Servicelink
The Bank Of New York Mellon $446,250 Accommodation
Gomez Domingo N -- Accommodation
Gomez Domingo $600,000 Chicago Title Co
Gomez Domingo -- Chicago Title Co
Gallagher Patricia A -- First American Title
Gallagher Patricia $49,000 Chicago Title Insurance Co
Thompson Joy Alicia -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vallee Bryce M $415,000
Closed Vallee Bryce M $412,000
Previous Owner Velicer Erik A $15,500
Previous Owner Gomez Domingo N $50,000
Previous Owner Gomez Domingo $480,000
Previous Owner Gallagher Patricia A $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2016 06/27/16 Sold $515,000 -14.2% $312 / Sq Ft
06/05/2016 06/05/16 Pending -- -- --
05/12/2016 05/12/16 Price Changed $599,999 -2.4% $364 / Sq Ft
04/27/2016 04/27/16 For Sale $615,000 +23.6% $373 / Sq Ft
11/17/2014 11/17/14 Sold $497,500 0.0% $302 / Sq Ft
10/21/2014 10/21/14 Pending -- -- --
09/11/2014 09/11/14 For Sale $497,500 -- $302 / 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 $6,511 $597,694 $348,406 $249,288
2023 $6,373 $585,975 $341,575 $244,400
2022 $6,268 $574,486 $334,878 $239,608
2021 $6,162 $563,222 $328,312 $234,910
2020 $5,964 $557,448 $324,946 $232,502
2019 $5,854 $546,519 $318,575 $227,944
2018 $5,884 $535,804 $312,329 $223,475
2017 $5,770 $525,299 $306,205 $219,094
2016 $5,530 $505,086 $294,422 $210,664
2015 $5,445 $497,500 $290,000 $207,500
2014 $5,394 $500,000 $290,000 $210,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 160022428

San Diego MLS

APN: 125-030-18