NOT LISTED FOR SALE

3261 Reche Rd Fallbrook, CA 92028

Estimated Value: $1,164,413 - $1,353,000

4 Beds
3 Baths
2,580 Sq Ft
$495/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $891,954 $346 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $7,635/month

32 Days on Market

Highlights

  • Gated Parking
  • 5 Acre Lot
  • Great Room
  • Panoramic View
  • Lanai
  • Home Office

About This Home

As of August 2020

Nestled in the hills of Fallbrook is this beautiful mid-century modern home on a terraced 5 acre lot. Built in '56 w/ 4 beds & 3 full baths at 2580 square feet this place screams character. The home received an extensive remodel including a steel arched front door, colored concrete floors, Kitchen, baths and a set of La Cantina doors to bring in the breathtaking views. Take advantage of the paid for Solar & don't worry about water as you have a well w/ 3 Phase power. This property must be seen in person!! Don't let the Reche address fool you, this home sits way off the main road. This is a magical one of a kind property surrounded by groves with unreal privacy and views. Completely fenced & gated & filled w/ rare & exotic succulents (approx $35,000 worth), the grounds are amazing. 3 large greenhouses (20x100) all with tables & water supplies, a 15x20 combination greenhouse/storage house, a 20x20 shade house w/ water, one additional 60x100 greenhouse w/ tables & water. There is a great chicken coop for fresh eggs, a detached art studio (12x12 w/new roof), & other planting houses & Aviary. A 30hp Kubota Tractor and Kubota diesel utility vehicle are also available for purchase.. Neighborhoods: Reche Equipment: Dryer, Shed(s), Washer Other Fees: 0 Sewer: Septic Installed Topography: ,LL,RSLP,GSL,SSLP

Last Agent to Sell the Property

Jeremy Marinier

HomeSmart Realty West License #01922025 Listed on: 06/26/2020

HomeSmart Realty West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,417

Year Built

  • Built in 1956

Lot Details

  • 5 Acre Lot
  • Partially Fenced Property
  • Drip System Landscaping
  • Sprinkler System

Home Design

  • Flat Roof Shape
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,580 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Family Room
  • Living Room
  • Home Office
  • Panoramic Views

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Electric Oven
  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • 15 Open Parking Spaces
  • 15 Parking Spaces
  • Carport
  • Parking Available
  • Driveway
  • Gated Parking

Outdoor Features

  • Covered Patio or Porch
  • Lanai

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater

Community Details

  • Fallbrook Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1073301500

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,417

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1073301500
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Living Area: 2580.00
  • Stories: 1
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Area
  • Levels: One
  • Price Per Square Foot: 345.72
  • Room Type: Family Room, Great Room, Office, Living Room, Master Bathroom

Exterior Features

  • Patio: Yes
  • View: Panoramic
  • Fence: Yes
  • Fencing: Partial
  • Patio And Porch Features: Brick, Covered, Lanai
  • Pool Private: No
  • Roof: Asphalt, Flat
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport, Gated, Driveway
  • Total Parking Spaces: 15.00
  • Uncovered Spaces: 15.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Water Heater, Dishwasher, Disposal, Microwave, Refrigerator, Built-In Range, Convection Oven, Electric Oven, Electric Cooktop, Ice Maker, Counter Top, Electric Cooking
  • Heating Type: Electric, Forced Air
  • Laundry Features: Electric Dryer Hookup, Individual Room
  • Water Source: Well
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers Drip System, Sprinkler System
  • Lot Size Acres: 5.0000

Multi Family

  • Lot Size Area: 5.0000 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Jul 31, 2020
Sold by
Reiser James M and Reiser Mary C
Bought by
Vergini Michael A and Vergini Diana Alonte
Seller's Agent
Jeremy Marinier
HomeSmart Realty West
List Price
$939,000
Sold Price
$891,954
Premium/Discount to List
-$47,046
-5.01%
Current Estimated Value
$1,276,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,399
Avg. Annual Appreciation
7.29%
Original Mortgage
$701,000
Outstanding Balance
$622,091
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$654,262

Purchase Details

Closed on
Apr 4, 2017
Sold by
Reiser James M and Reiser Mary C
Bought by
Reiser James M and Reiser Mary C

Purchase Details

Closed on
Jun 12, 2008
Sold by
Rexrode Kenneth
Bought by
Reiser James M and Reiser Mary C

Purchase Details

Closed on
Apr 9, 2007
Sold by
Rexrode Shannon
Bought by
Rexrode Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2007
Sold by
Bowe M Joseph
Bought by
Rexrode Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2003
Sold by
Bowe M Joseph and Curcuru Philip
Bought by
Bowe M Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.93%

Purchase Details

Closed on
Jun 3, 2002
Sold by
Bowe M Joseph and Curcuru Philip
Bought by
Bowe M Joseph and Curcuru Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.83%

Purchase Details

Closed on
Nov 7, 2000
Sold by
Curcuru Philip
Bought by
Curcuru Philip

Purchase Details

Closed on
Jun 9, 1994
Sold by
Scripps Memorial Hospitals Foundation
Bought by
Curcuru Phili and Joseph Bowe M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
8.56%
Source: Public Records

Range of Values:

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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
Vergini Michael A $892,000 Fidelity Natl Ttl San Diego
Reiser James M -- None Available
Reiser James M $750,000 Southland Title
Rexrode Kenneth -- First American Title Co
Rexrode Kenneth $815,000 First American Title Co
Bowe M Joseph -- Chicago Title Co
Bowe M Joseph -- Chicago Title Co
Bowe M Joseph -- Chicago Title Co
Bowe M Joseph -- Chicago Title Co
Curcuru Philip -- --
Bowe M Joseph -- --
Curcuru Phili $165,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vergini Michael A $701,000
Previous Owner Rexrode Kenneth $650,000
Previous Owner Bowe M Joseph $70,000
Previous Owner Bowe M Joseph $220,000
Previous Owner Curcuru Phili $123,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $891,954 -5.0% $346 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $939,000 -- $364 / 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 $10,417 $965,475 $818,529 $146,946
2024 $10,417 $946,545 $802,480 $144,065
2023 $10,171 $927,987 $786,746 $141,241
2022 $10,176 $909,792 $771,320 $138,472
2021 $9,844 $891,954 $756,197 $135,757
2020 $8,692 $795,000 $674,000 $121,000
2019 $8,203 $750,000 $636,000 $114,000
2018 $7,805 $710,000 $603,000 $107,000
2017 $7,771 $700,000 $595,000 $105,000
2016 $7,405 $670,000 $570,000 $100,000
2015 $7,290 $660,000 $562,000 $98,000
2014 $7,293 $660,000 $562,000 $98,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200029707

California Regional Multiple Listing Service (CRMLS)

APN: 107-330-15