NOT LISTED FOR SALE

3740 Lake Ridge Rd Fallbrook, CA 92028

Estimated Value: $1,089,000 - $1,391,000

4 Beds
2.5 Baths
2,855 Sq Ft
$422/Sq Ft Est. Value

Sale Details

Date Sold: March 23, 2023

Last sale price $930,000 $326 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,590 / mo

117 Days on Market

Highlights

  • Gated Community
  • Clubhouse
  • Great Room
  • Pond View
  • Fireplace in Primary Bedroom
  • Breakfast Area or Nook

About This Home

As of March 2023

This 4 BD, 2.5 BA, 2,855 SqFt property sitting on 1.23 acres in the gated community of Lake Ridge Estates is a one of a kind, private oasis! Enjoy the most serene and unique backyard in all of Fallbrook, featuring a handcrafted authentic Mexican palapa as well as a handcrafted tree house with a king sized bed for your own staycation in paradise! The large garden area, the outdoor pizza oven, multiple producing fruit trees, plumerias and other rare exotic trees are all apart of the extensive backyard renovations completed in 2015. Large deck and European glass enclosure on porch are perfect for entertaining. Entering inside the home you will find natural light pouring through the skylights and vaulted ceilings, a double-sided fireplace in the living room and dining room with propane log lighter, the spacious kitchen with lots of counter space and a breakfast nook, a primary bed with a fireplace and french doors leading you to the stunning views of the backyard with a primary bath with soaking tub. Take a walk down to the walking path at the nature reserve behind the home and then to the two neighborhood ponds next to the clubhouse! This home and community have so much to offer. Come take a tour!

Last Agent to Sell the Property

Mike Chiesl

Real Broker License #01783300 Listed on: 10/04/2022

Real Broker

Co-Listed By

Heather Daum

The Agency License #01876992

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • Vinyl Fence
  • Wood Fence
  • Wire Fence
  • Gentle Sloping Lot

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Pond
  • Orchard Views
  • Mountain

Home Design

  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 2,855 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Heating System Uses Wood
  • Heating System Uses Propane
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 121-340-02-00

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), gated community, clubhouse paid
  • Lakeridge Estates Association
  • Mountainous Community

Recreation

  • Recreational Area
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

1.23 Acres

HOA Fees

$230 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: North County
  • Cross Street: Olive Hill Rd
  • Neighborhood: Fallbrook
  • LP / Sq Ft: 341.51
  • Price Per Sq Ft: 325.74
  • SP/ Sq Ft: 325.74
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Range
  • Fireplaces: 2
  • Fireplace: Fp In Dining Room, Fp In Living Room, Fp In Master Br
  • Searchable Rooms: Bedroom Entry Level, Breakfast Area, Dining Room/Separate, Family Room, Great Room, MBR Entry Level, Kitchen, Living Room, Master Bedroom, Laundry, Master Bathroom, Walk-In Pantry
  • Total Bedrooms: 4
  • Bedrooms: 4
  • Master Bedroom Dimensions: 19x20
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 2855
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Wire, Vinyl, Wood
  • Roof: Tile/Clay
  • View: Mountains/Hills, Pond, Orchard/Grove

Garage/Parking

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

Utilities

  • Laundry Utilities: Gas & Electric Dryer HU
  • Sewer/Septic: Conventional Septic
  • Water: Public
  • Heating: Fireplace
  • Heating Fuel: Propane, Wood

Condo/Co-op/Association

  • Complex Features: Biking/Hiking Trails, Clubhouse/Rec Room, Gated Community, Recreation Area
  • Home Owner Association: Lakeridge Estates
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Gated Community, Clubhouse Paid
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 230.0
  • HOA Payment Frequency: Monthly

Lot Info

  • Lot Size: 1+ to 2 AC
  • Topography: Mountainous, Slope Gentle
  • Additional Property Use: Grove
  • Assessor Parcel Number: 121-340-02-00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2022
Closed on
Feb 7, 2023
Sold by
Bought by
Seller's Agent
Mike Chiesl
Real Broker
Buyer's Agent
Mike Chiesl
Sentry Residential
List Price
$1,250,000
Sold Price
$930,000
Premium/Discount to List
-$320,000
-25.6%
Views
55
Current Estimated Value
$1,205,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,561
Avg. Annual Appreciation
8.31%
Original Mortgage
$726,200
Outstanding Balance
$702,537
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$503,024

Purchase Details

Closed on
Jan 22, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 7, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 28, 2007
Sold by
Bought by

Purchase Details

Closed on
Apr 25, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.92%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 19, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.92%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 9, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
5.36%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 22, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
5.77%

Purchase Details

Closed on
Jul 24, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,999
Interest Rate
8.49%

Purchase Details

Closed on
Mar 30, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,400
Interest Rate
4.95%

Purchase Details

Closed on
Oct 29, 1999
Sold by
Bought by

Purchase Details

Closed on
Oct 26, 1994
Sold by
Bought by

Purchase Details

Closed on
Sep 16, 1988

Purchase Details

Closed on
Nov 5, 1987
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$930,000 Ticor Title
-- Multiple
$330,000 Lawyers Title Company
$506,250 Southland Title
-- Commonwealth Title
-- Commonwealth Land Title Co
-- Multiple
-- Multiple
-- Commerce Title Company
-- Commerce Title Company
-- Fidelity National Title Co
$346,000 First American Title
-- First American Title
-- --
$248,000 --
$68,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $726,200
Previous Owner $264,000
Previous Owner $150,000
Previous Owner $620,000
Previous Owner $424,000
Previous Owner $399,999
Previous Owner $311,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/23/2023 03/23/23 Sold $930,000 0.0% $326 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
01/26/2023 01/26/23 Off Market $930,000 -- --
01/17/2023 01/17/23 Price Changed $975,000 +11.4% $342 / Sq Ft
12/18/2022 12/18/22 Price Changed $875,000 -20.5% $306 / Sq Ft
10/25/2022 10/25/22 Price Changed $1,099,999 -8.3% $385 / Sq Ft
10/14/2022 10/14/22 Price Changed $1,199,999 -4.0% $420 / Sq Ft
10/04/2022 10/04/22 For Sale $1,250,000 -- $438 / Sq Ft
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,177 $967,570 $146,587 $820,983
2024 $10,177 $948,599 $143,713 $804,886
2023 $4,291 $400,437 $60,667 $339,770
2022 $4,291 $400,437 $60,667 $339,770
2021 $4,151 $392,586 $59,478 $333,108
2020 $4,185 $388,562 $58,869 $329,693
2019 $4,104 $380,944 $57,715 $323,229
2018 $4,041 $373,476 $56,584 $316,892
2017 $3,961 $366,154 $55,475 $310,679
2016 $3,861 $358,976 $54,388 $304,588
2015 $3,792 $353,585 $53,572 $300,013
2014 $3,719 $346,660 $52,523 $294,137
Source: Public Records

Agents Affiliated with this Home

  • Mike Chiesl

    Seller's Agent in 2023

    Mike Chiesl

    Real Broker

    (760) 473-0000

    212 Total Sales

    Mike Chiesl
    Section Image
  • Heather Daum

    Seller Co-Listing Agent in 2023

    Heather Daum

    The Agency

    (916) 215-5390

    41 Total Sales

    Heather Daum
    Section Image
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Map

Source: San Diego MLS

MLS Number: 220024970

San Diego MLS

APN: 121-340-02

California San Diego County Fallbrook 92028

3740 Lake Ridge Rd, Fallbrook, CA

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