NOT LISTED FOR SALE

3420 Laketree Dr Fallbrook, CA 92028

Estimated Value: $1,699,439 - $1,797,000

4 Beds
3.5 Baths
4,664 Sq Ft
$373/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $1,500,000 $322 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $10,566/month

4 Days on Market

Highlights

  • Art Studio
  • In Ground Pool
  • Vineyard View
  • Home Theater
  • Primary Bedroom Suite
  • Maid or Guest Quarters

About This Home

As of March 2023

Stunning Mediterranean-style home directly across the street from the new Monserate Winery with views of the vineyard, surrounding hills, and valley. The main house features 3 bedrooms, 2 1/2 bathrooms, and a beautiful large entrance with arched double glass doors. Natural light floods in from the 20 ft. high tower with a stairway leading up to the bedrooms. Primary bedroom features built-ins, walk-in closets, and French doors that lead to a private balcony, which has a wet bar and more views of the surrounding hills. The two guest bedrooms have access to a shared balcony with stairs leading down to the lush backyard. Large living room featuring a fireplace and high ceilings with exposed beams. Light and bright kitchen with granite counter tops, custom built-in oak buffet, 2 pantries, a breakfast bar and dining area that looks out to the backyard. Outdoor kitchen/cabana has a built-in stove, oven, sink, smoker, and BBQ. Large backyard features an inground pool with a waterslide and jacuzzi. Hallway from the kitchen leads to a finished 2 car garage and former professional, soundproof music studio made up of 3 separate rooms; now being used as media room, art studio, and office. Attached granny flat has 1 bedroom, 1 bathroom, a kitchenette, and a living room with a fireplace. Separate entrance and parking. The granny flat is currently being used as a top-rated AirBnB. THIS HOUSE IS A MUST-SEE TO APPRECIATE IT'S UNLIMITED POTENTIAL!

Last Agent to Sell the Property

Stephen Schwan

Realty Incorporated License #01253203 Listed on: 02/21/2023

Last Buyer's Agent

Linda Callahan

Coldwell Banker Realty License #02082760

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,040

Year Built

  • Built in 1985

Lot Details

  • 1.38 Acre Lot
  • Rural Setting
  • Landscaped
  • Corner Lot
  • Back Yard
  • Property is zoned R1

Parking

  • 2 Car Attached Garage

Property Views

  • Vineyard
  • Hills
  • Valley

Interior Spaces

  • 4,664 Sq Ft Home
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Home Theater
  • Home Office
  • Bonus Room with Fireplace
  • Art Studio
  • Sound Studio
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Rain Gutters

Utilities

  • Central Air
  • No Heating

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Assessor Parcel Number 1242902300

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,040

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1242902300
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4664.00
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Bonus Room, Gas, Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 321.61
  • Room Type: All Bedrooms Up, Art Studio, Entry, Family Room, Foyer, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Master Bathroom, Master Suite, Media Room, Office, Sound Studio, Walk-In Closet, Walk-In Pantry

Exterior Features

  • View: Hills, Valley, Vineyard
  • Fence: No
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Inside, Washer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Rural, Valley

Schools

  • School District: Fallbrook Union

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Landscaped, Lot Over 40000 Sqft
  • Lot Size Sq Ft: 60112.80
  • Lot Size Acres: 1.3800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1.3800 Acres
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: Pb0001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2023
Closed on
Mar 2, 2023
Sold by
Gunnel Linhardt-Waziri Trust
Bought by
Casler Christopher and Casler Kalyana Danahy
Seller's Agent
Stephen Schwan
Realty Incorporated
Buyer's Agent
Linda Callahan
Coldwell Banker Realty
List Price
$1,395,000
Sold Price
$1,500,000
Premium/Discount to List
$105,000
7.53%
Views
53
Current Estimated Value
$1,738,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,860
Avg. Annual Appreciation
3.40%

Purchase Details

Listed on
Feb 21, 2023
Closed on
Feb 1, 2023
Sold by
Waziri Gunnel
Bought by
Gunnel Linhardt-Waziri Trust
Seller's Agent
Stephen Schwan
Realty Incorporated
Buyer's Agent
Linda Callahan
Coldwell Banker Realty
List Price
$1,395,000
Sold Price
$1,500,000
Premium/Discount to List
$105,000
7.53%
Views
53

Purchase Details

Listed on
May 29, 2013
Closed on
Oct 10, 2013
Sold by
Donato Stephen
Bought by
Waziri Rafiq and Waziri Gunnel
Seller's Agent
Omar Sevilla
Century 21 Affiliated
Buyer's Agent
Debbie Avey
Staged Homes Real Estate
List Price
$520,000
Sold Price
$574,875
Premium/Discount to List
$54,875
10.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.73%
Original Mortgage
$375,000
Interest Rate
4.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 3, 2005
Sold by
Jonesrebandt Charlie and Jonesrebandt Kasey
Bought by
Donato Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 24, 2000
Sold by
Value T Sales Inc
Bought by
Jonesrebandt Charlie and Jonesrebandt Kasey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,800
Interest Rate
8.13%

Purchase Details

Closed on
Jun 28, 2000
Sold by
Sewell Family Trust 10-01-98 and M
Bought by
Value T Sales

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,800
Interest Rate
8.13%

Purchase Details

Closed on
Nov 12, 1999
Sold by
Sewell Family Trust 10-01-98 and M
Bought by
Zipdirect Llc

Purchase Details

Closed on
Oct 26, 1998
Sold by
Crow & Co Inc
Bought by
Crow M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.66%

Purchase Details

Closed on
Jun 13, 1998
Sold by
May M G
Bought by
Crow & Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.06%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 9, 1995
Sold by
Sewell Arba E
Bought by
May M G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.49%

Purchase Details

Closed on
Jan 19, 1994
Sold by
Estes James N and Estes Jane F
Bought by
Sewell Arba E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 27, 1993
Sold by
Western General Mtg Services Inc
Bought by
Estes James N and Estes Jane F

Purchase Details

Closed on
Apr 28, 1992
Source: Public Records

Range of Values:

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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
Casler Christopher $1,500,000 Fidelity National Title
Gunnel Linhardt-Waziri Trust -- --
Waziri Rafiq $575,000 Lawyers Title Insurance Co
Donato Stephen $1,100,000 Fidelity National Title Insu
Jonesrebandt Charlie $596,000 United Title Company
Value T Sales $72,408 Southland Title
Zipdirect Llc -- --
Crow M -- Gateway Title Company
Crow & Co Inc -- --
May M G -- --
Sewell Arba E -- Stewart Title
Estes James N $340,538 --
-- $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Waziri Rafiq $690,000
Previous Owner Waziri Rafiq $675,000
Previous Owner Waziri Rafiq $50,000
Previous Owner Waziri Rafiq $78,750
Previous Owner Waziri Rafiq $375,000
Previous Owner Donato Stephen $1,000,000
Previous Owner Donato Stephen $100,000
Previous Owner Donato Stephen $165,000
Previous Owner Donato Stephen $825,000
Previous Owner Jonesrebandt Charlie $648,000
Previous Owner Jonesrebandt Charlie $123,000
Previous Owner Jonesrebandt Charlie $562,500
Previous Owner Jonesrebandt Charlie $568,000
Previous Owner Jonesrebandt Charlie $476,800
Previous Owner Crow M $250,000
Previous Owner Crow M $65,000
Previous Owner Wilkes Robert $250,000
Previous Owner Sewell Arba E $367,500
Previous Owner May M G $250,000
Previous Owner Sewell Arba E $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2023 03/30/23 Sold $1,500,000 +7.5% $322 / Sq Ft
02/25/2023 02/25/23 Pending -- -- --
02/21/2023 02/21/23 For Sale $1,395,000 +142.7% $299 / Sq Ft
11/01/2013 11/01/13 Sold $574,875 0.0% $123 / Sq Ft
07/23/2013 07/23/13 Pending -- -- --
05/30/2013 05/30/13 Off Market $574,875 -- --
05/28/2013 05/28/13 For Sale $520,000 -- $111 / 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 $16,040 $1,560,600 $936,360 $624,240
2024 $16,040 $1,530,000 $918,000 $612,000
2023 $7,115 $677,342 $276,239 $401,103
2022 $6,994 $664,062 $270,823 $393,239
2021 $6,871 $651,042 $265,513 $385,529
2020 $6,816 $644,367 $262,791 $381,576
2019 $6,688 $631,734 $257,639 $374,095
2018 $6,723 $619,348 $252,588 $366,760
2017 $6,592 $607,205 $247,636 $359,569
2016 $6,437 $595,300 $242,781 $352,519
2015 $6,338 $586,359 $239,135 $347,224
2014 $6,211 $574,874 $234,451 $340,423
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2301283

California Regional Multiple Listing Service (CRMLS)

APN: 124-290-23