NOT LISTED FOR SALE

3498 Aspen Rd Fallbrook, CA 92028

Estimated Value: $201,000 - $225,000

4.31 Acres
$48,875 Price per Acre
187,744 Sq Ft Lot

Last Sold January 18, 2022

Last sale price $184,000

Est. 14% increase in value since last sale

Current estimated payment $1,281/month

12 Days on Market

About This Lot

As of January 2022

Enjoy this amazing build site with 360-degree views and a blue water view on clear days, minutes from the I-15 Freeway, downtown Temecula or Fallbrook. Build opportunity above elevation of most surrounding properties with a cleared path to the top and a circular drive. Relax on the viewing deck in the Pacific Ocean breeze from atop the 4.3 acres. Zoned residential & agricultural, so bring your horses and grow your own grove on your private estate, approximately 100 yards from asphalt up the easement road, you'll arrive at the stunning iron fence entry. Waterline at the property running up from the 1" water meter and fire hydrant at Aspen Road. Perc test and outdated septic layout available. Approved 20-foot high, one-trip container is on site (and has been on site since Feb 2019), owners will remove or buyers can purchase. Seller will consider up to 50% seller financing to a qualified buyer. Boundary lines are approximate in all photos. Appointment required to enter property.

Last Agent to Sell the Property

Tim Kirk

LPT Realty License #01941662 Listed on: 12/23/2021

Last Buyer's Agent

Catrina Russell

Coldwell Banker West License #01229742

Coldwell Banker West

Property Details

Property Type

  • Land

Lot Details

  • 4.31 Acre Lot
  • Rural Setting
  • Density is 2-5 Units/Acre
  • Property is zoned Agriculture, Residential

Property Views

  • Ocean
  • Panoramic
  • Mountain

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1023821100

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: Agriculture, Residential
  • Property Type: Land
  • Parcel Number: 1023821100
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.98

Exterior Features

  • View: Mountain(s), Ocean, Panoramic

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 187743.60
  • Lot Size Acres: 4.3100

Multi Family

  • Lot Size Area: 4.3100 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2021
Closed on
Jan 6, 2022
Sold by
Bowman Corrie L and Bowman Anna M
Bought by
Walsh Matthew James and Meyer Kimberly Ann
Seller's Agent
Tim Kirk
LPT Realty
Buyer's Agent
Catrina Russell
Coldwell Banker West
List Price
$189,000
Sold Price
$184,000
Premium/Discount to List
-$5,000
-2.65%
Current Estimated Value
$210,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,651
Avg. Annual Appreciation
3.49%

Purchase Details

Closed on
May 18, 2016
Sold by
Yates Brian C and Yates Patricia K
Bought by
Bowman Corrie L and Bowman Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
3.64%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 12, 1998
Sold by
Yoch James C
Bought by
Yates Brian C and Yates Patricia K

Purchase Details

Closed on
Apr 4, 1988
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Walsh Matthew James $184,000 Guardian Title Company
Bowman Corrie L $112,500 Guardian Title Company
Yates Brian C $40,000 Fidelity National Title
-- $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowman Corrie L $62,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2022 01/18/22 Sold $184,000 -2.6% --
01/04/2022 01/04/22 Pending -- -- --
12/23/2021 12/23/21 For Sale $189,000 -- --
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 $2,119 $195,261 $195,261 --
2024 $2,133 $191,433 $191,433 --
2023 $2,085 $187,680 $187,680 $0
2022 $1,421 $123,033 $123,033 $0
2021 $1,387 $120,621 $120,621 $0
2020 $1,392 $119,385 $119,385 $0
2019 $1,368 $117,045 $117,045 $0
2018 $1,348 $114,750 $114,750 $0
2017 $1,323 $112,500 $112,500 $0
2016 $706 $53,944 $53,944 $0
2015 $697 $53,134 $53,134 $0
2014 $684 $52,094 $52,094 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2113590

California Regional Multiple Listing Service (CRMLS)

APN: 102-382-11