NOT LISTED FOR SALE

3063 Sumac Rd Fallbrook, CA 92028

Estimated Value: $1,694,824 - $1,907,000

6 Beds
4.5 Baths
4,301 Sq Ft
$414/Sq Ft Est. Value

Last Sold April 12, 2013

Last sale price $820,000 $191 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $10,830/month

15 Days on Market

Highlights

  • 2 Acre Lot
  • Laundry Room
  • 1-Story Property
  • Fireplace in Primary Bedroom
  • Forced Air Heating and Cooling System

About This Home

As of April 2013

Sprawling Single level custom home in Fallbrook. Sitting up on a ridge this home offers stunning panoramic views. Additional storage room with exterior bathroom just steps away. Fully fenced 2 acre lot. Stapmed concrete driveway lined by Queen palms leads you to a nicely upgraded home featuring Granite counters in kitchne, Viking stove and all stainless appliances. Seperate Granite Bar and Beautiful patio for entertaining. Both Family Room and Master Bedroom feature fireplaces. Travertine flooring. Neighborhoods: Fallbrook Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Topography: LL,SSLP

Last Agent to Sell the Property

Jesse Madison

Madison Realty License #01366391 Listed on: 01/18/2013

Last Buyer's Agent

Rick McCandless

Windermere Homes & Estates License #01358104

Windermere Homes & Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,495

Year Built

  • Built in 2005

Lot Details

  • 2 Acre Lot

Parking

  • 3 Car Garage

Home Design

  • Stucco

Interior Spaces

  • 4,301 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Propane Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane

Listing and Financial Details

  • Tax Lot 3063Sumac92028
  • Assessor Parcel Number 1250304300

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,495

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Fallbrook
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1250304300
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4301.00
  • Stories: 1
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: One
  • Price Per Square Foot: 190.65
  • Room Type: Main Floor Bedroom

Exterior Features

  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Heating Type: Propane, Forced Air
  • Laundry Features: Propane Dryer Hookup, Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 87120.00
  • Lot Size Acres: 2.0000

Multi Family

  • Lot Size Area: 87120.0000 Square Feet

Tax Info

  • Tax Lot: 3063Sumac92028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2013
Closed on
Apr 9, 2013
Sold by
Citibank Na
Bought by
Pennymac Corp
Seller's Agent
Jesse Madison
Madison Realty
Buyer's Agent
Rick McCandless
Windermere Homes & Estates
List Price
$820,000
Sold Price
$820,000
Total Days on Market
15
Current Estimated Value
$1,780,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$960,206
Avg. Annual Appreciation
6.58%

Purchase Details

Closed on
Feb 5, 2013
Sold by
Pennymac Corp
Bought by
Herbert William B and Herbert Sharon Rae

Purchase Details

Closed on
Feb 13, 2012
Sold by
Wells Fargo Bank Na
Bought by
Citibank Na

Purchase Details

Closed on
Oct 19, 2011
Sold by
Colon Cipriano and Colon Remedios
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 18, 2007
Sold by
Olson Mark Richard and Som Buna
Bought by
Colon Cipriano and Colon Remedios

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2005
Sold by
Douglass James A and Douglass Nancy K
Bought by
Olson Mark R and Som Buna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$944,000
Interest Rate
7.62%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 1, 2005
Sold by
Douglass James A and Douglass Nancy K
Bought by
Olson Mark Richard and Som Buna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$944,000
Interest Rate
7.62%
Mortgage Type
Construction
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
Pennymac Corp $820,000 Lsi
Herbert William B $820,000 Lsi
Citibank Na -- Lsi
Wells Fargo Bank Na $1,063,158 Accommodation
Colon Cipriano $1,400,000 First American Title Co
Olson Mark R $475,000 Multiple
Olson Mark Richard $475,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colon Cipriano $1,000,000
Previous Owner Olson Mark R $944,000
Previous Owner Olson Mark Richard $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2013 04/12/13 Sold $820,000 0.0% $191 / Sq Ft
02/02/2013 02/02/13 Pending -- -- --
01/18/2013 01/18/13 For Sale $820,000 -- $191 / 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
2024 $10,495 $989,960 $247,487 $742,473
2023 $10,268 $970,550 $242,635 $727,915
2022 $10,095 $951,521 $237,878 $713,643
2021 $9,918 $932,864 $233,214 $699,650
2020 $9,690 $923,299 $230,823 $692,476
2019 $9,506 $905,197 $226,298 $678,899
2018 $9,555 $887,449 $221,861 $665,588
2017 $9,367 $870,049 $217,511 $652,538
2016 $9,147 $852,991 $213,247 $639,744
2015 $9,003 $840,179 $210,044 $630,135
2014 $8,822 $823,722 $205,930 $617,792
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 130003378

California Regional Multiple Listing Service (CRMLS)

APN: 125-030-43