Seller's Agent in 2025
Heidi Cabrera
Balboa Real Estate, Inc.
(949) 247-8811
35 Total Sales
38064 De Luz Rd Fallbrook, CA 92028
3
Beds
3
Baths
2,475
Sq Ft
3.75
Acres
Highlights
- Horse Property
- Bonus Room
- Electric Vehicle Charging Station
- View of Trees or Woods
- No HOA
- 2 Car Attached Garage
About This Home
As of December 2025Freedom found! A true equestrian retreat in De Luz—just minutes from downtown Fallbrook. This inviting property offers 3.75 fully-fenced, usable acres with space to ride, roam, and unwind. This 3-bedroom 3-bathroom 2,475 sq ft home is filled with natural light and sits on open land designed for country living. Tastefully updated with fresh luxury plank vinyl flooring throughout, sparkling renovated kitchen, new light fixtures, and custom built-ins this is a turn-key dream. Equestrian amenities include a barn, two horse paddocks, and room for additional turnouts or an arena. There’s also ample space for RV parking, a pool, or an ADU—whatever your country lifestyle calls for. The property backs up to Camp Pendleton, ensuring forever views of rolling hills and golden sunsets with no rear neighbors. Energy needs are covered with a powerful, fully owned solar system—plus an EV charger is already in place. A protected 100-year-old oak tree stands tall on the land, offering shade, beauty, and a perfect spot for peaceful moments or childhood adventures. This rare opportunity combines horse-friendly land, rural charm, and unbeatable convenience—just a short drive from all the shops, dining, and community events of downtown Fallbrook.
Last Agent to Sell the Property
Balboa Real Estate, Inc. Brokerage Phone: 760-282-6599 License #01922627 Listed on: 06/05/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1994
Lot Details
- 3.75 Acre Lot
- Rural Setting
- Chain Link Fence
- Gentle Sloping Lot
Parking
- 2 Car Attached Garage
Property Views
- Woods
- Orchard Views
- Mountain
- Hills
Home Design
- Entry on the 1st floor
- Concrete Roof
Interior Spaces
- 2,475 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- Bonus Room
- Vinyl Flooring
- Kitchen Island
- Laundry Room
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 3 Full Bathrooms
Utilities
- Central Heating and Cooling System
- Propane
- Conventional Septic
Additional Features
- Solar owned by seller
- Horse Property
- Horse Property Improved
Listing and Financial Details
- Tax Lot 7502
- Assessor Parcel Number 1021504100
- $129 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Fallbrook Subdivision
- Electric Vehicle Charging Station
- Military Land
Recreation
- Horse Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 17, 2022
Closed on
Nov 9, 2022
Sold by
Askew Elton Ray and Askew Lynn E
Bought by
Gerke Travis and Gerke Kristin
Seller's Agent
Betsy Burkey
Realty Sky
Buyer's Agent
Sakiko Adachi
Intero Real Estate Services
List Price
$1,150,000
Sold Price
$949,000
Premium/Discount to List
-$201,000
-17.48%
Views
24
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%
Original Mortgage
$901,550
Outstanding Balance
$874,252
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$355,398
Purchase Details
Listed on
Sep 15, 2016
Closed on
Feb 2, 2017
Sold by
Askew Elton Ray
Bought by
Askew Elton Ray and Erickson Lynn E
Seller's Agent
Kim Carlson
Pueblo Bonito
Buyer's Agent
Lynn King
Coldwell Banker-Cupertino-Stevens Creek
List Price
$624,000
Sold Price
$624,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%
Original Mortgage
$561,600
Interest Rate
4.13%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 15, 2016
Closed on
Jan 17, 2017
Sold by
Erickson Lynn E
Bought by
Askew Elton Ray
Seller's Agent
Kim Carlson
Pueblo Bonito
Buyer's Agent
Lynn King
Coldwell Banker-Cupertino-Stevens Creek
List Price
$624,000
Sold Price
$624,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$561,600
Interest Rate
4.13%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 15, 2016
Closed on
Dec 29, 2016
Sold by
Tatomir Paul J and Tatomir Ann S Austin
Bought by
Askew Elton Ray
Seller's Agent
Kim Carlson
Pueblo Bonito
Buyer's Agent
Lynn King
Coldwell Banker-Cupertino-Stevens Creek
List Price
$624,000
Sold Price
$624,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$561,600
Interest Rate
4.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 31, 2009
Sold by
Tatomir Paul J and Tatomir Ann Austin
Bought by
Tatomir Paul J and Tatomir Ann S Austin
Purchase Details
Closed on
Jun 22, 2001
Sold by
Tatomir Paul and Tatomir Ann
Bought by
Tatomir Paul and Tatomir Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.14%
Purchase Details
Closed on
Jul 29, 1999
Sold by
Johnson and Dianne
Bought by
Tatomir Paul J and Tatomir Ann Austin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.56%
Purchase Details
Closed on
May 28, 1992
Purchase Details
Closed on
Jan 13, 1989
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $949,000 | California Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Ticor Title San Diego | |
| Grant Deed | $624,000 | Ticor Title San Diego | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Individual Deed | $300,000 | Fidelity National Title | |
| Deed | $119,000 | -- | |
| Deed | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $901,550 | New Conventional | |
| Previous Owner | $561,600 | New Conventional | |
| Previous Owner | $275,000 | No Value Available | |
| Previous Owner | $200,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/19/2025 12/19/25 | Sold | $1,200,000 | -3.9% | $485 / Sq Ft | |
| 09/30/2025 09/30/25 | Pending | -- | -- | -- | |
| 09/23/2025 09/23/25 | For Sale | $1,249,000 | +4.1% | $505 / Sq Ft | |
| 08/23/2025 08/23/25 | Off Market | $1,200,000 | -- | -- | |
| 08/23/2025 08/23/25 | For Sale | $1,249,000 | +4.1% | $505 / Sq Ft | |
| 07/23/2025 07/23/25 | Off Market | $1,200,000 | -- | -- | |
| 06/05/2025 06/05/25 | For Sale | $1,249,000 | +31.6% | $505 / Sq Ft | |
| 12/08/2022 12/08/22 | Sold | $949,000 | 0.0% | $383 / Sq Ft | View Prior Sale |
| 11/09/2022 11/09/22 | Pending | -- | -- | -- | |
| 10/13/2022 10/13/22 | Price Changed | $949,000 | -4.1% | $383 / Sq Ft | |
| 08/26/2022 08/26/22 | Price Changed | $990,000 | -0.8% | $400 / Sq Ft | |
| 07/17/2022 07/17/22 | Price Changed | $998,000 | -13.2% | $403 / Sq Ft | |
| 06/17/2022 06/17/22 | For Sale | $1,150,000 | +84.3% | $465 / Sq Ft | |
| 01/23/2017 01/23/17 | Sold | $624,000 | 0.0% | $252 / Sq Ft | View Prior Sale |
| 12/18/2016 12/18/16 | Pending | -- | -- | -- | |
| 09/15/2016 09/15/16 | For Sale | $624,000 | -- | $252 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,355 | $987,338 | $446,620 | $540,718 |
| 2024 | $10,355 | $967,979 | $437,863 | $530,116 |
| 2023 | $10,077 | $682,431 | $308,696 | $373,735 |
| 2022 | $7,408 | $682,431 | $308,696 | $373,735 |
| 2021 | $7,160 | $669,051 | $302,644 | $366,407 |
| 2020 | $7,214 | $662,191 | $299,541 | $362,650 |
| 2019 | $7,071 | $649,208 | $293,668 | $355,540 |
| 2018 | $6,964 | $636,479 | $287,910 | $348,569 |
| 2017 | $4,366 | $397,278 | $179,708 | $217,570 |
| 2016 | $4,258 | $389,489 | $176,185 | $213,304 |
| 2015 | $4,191 | $383,639 | $173,539 | $210,100 |
| 2014 | $4,112 | $376,125 | $170,140 | $205,985 |
Source: Public Records
Agents Affiliated with this Home
-
Heidi Cabrera
-
Billy Long
Seller Co-Listing Agent in 2025
Billy Long
Balboa Real Estate, Inc
(310) 663-1177
112 Total Sales
-
Lindsey Eidsvold
L
Buyer's Agent in 2025
Lindsey Eidsvold
Elevate Real Estate Agency
(714) 655-0375
4 Total Sales
-
Betsy Burkey
Seller's Agent in 2022
Betsy Burkey
Realty Sky
(619) 769-0550
40 Total Sales
-
S
Buyer's Agent in 2022
Sakiko Adachi
Intero Real Estate Services
-
Jessica Villa
Buyer's Agent in 2022
Jessica Villa
Allison James Estates & Homes
(760) 224-1007
49 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PT25125038
APN: 102-150-41
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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