NOT LISTED FOR SALE

4038 Lake Park Ln Fallbrook, CA 92028

Estimated Value: $789,000 - $822,000

3 Beds
2.5 Baths
1,970 Sq Ft
$407/Sq Ft Est. Value

Last Sold April 16, 2024

Last sale price $765,000 $388 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,805/month

Highlights

  • Double Oven
  • 2 Car Attached Garage
  • Community Playground
  • Rear Porch
  • Patio
  • Laundry Room

About This Home

As of April 2024

Step into your future haven! Tucked away in a peaceful neighborhood, this three bedroom home features ample space for everyone to unwind and recharge after a long day.

Inside, you'll find a welcoming ambiance, complete with a snug fireplace in the living room—perfect for family movie nights or simply relaxing with loved ones. The kitchen is equipped with all the essentials, including a refrigerator, oven, and dishwasher, making meal prep a hassle-free affair.

No need to trek to the laundromat—laundry day is a breeze with the convenient in-house laundry facilities, saving you time and effort. Step outside into the spacious backyard, where kids can play freely and parents can indulge in some gardening or outdoor dining.

This home isn't just a house—it's a sanctuary where cherished memories are made. Don't let this opportunity slip away. Come see for yourself and envision the comfortable lifestyle that awaits you here.

Last Agent to Sell the Property

Lee Arnold

Benchmark Properties Brokerage Email: lee@benchmarksocal.com License #01440588 Listed on: 03/15/2024

Last Buyer's Agent

Ashley Van Leuven

Redfin Corporation License #02117357

Redfin Corporation

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • 5,227 Sq Ft Lot
  • Back Yard
  • Property is zoned RV

HOA Fees

  • $78 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,970 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Double Oven
  • Six Burner Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Outdoor Features

  • Patio
  • Rear Porch

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 230
  • Tax Tract Number 12848
  • Assessor Parcel Number 1252826700
  • $397 per year additional tax assessments

Community Details

Overview

  • Rancho Viejo Association, Phone Number (800) 000-0000
  • Walters HOA
  • Fallbrook Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

HOA Fees

$78 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Fallbrook
  • View: No
  • Zoning: RV
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1252826700
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1970.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 388.32
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Rear Porch
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Microwave, Refrigerator
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Playground
  • Association Fee: 78.00
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Viejo
  • Phone: 800-000-0000
  • Senior Community: No
  • Community Features: Curbs
  • Association Management: Walters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5227.00
  • Lot Size Acres: 0.1200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5227.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 191.09
  • Tax Lot: 230
  • Tax Tract Number: 12848
  • TaxOtherAnnualAssessmentAmount: 397.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Apr 8, 2024
Sold by
Jones Joshua K and Jones Jennifer A
Bought by
Marshall Austin and Marshall Samantha
Seller's Agent
Lee Arnold
Benchmark Properties
Buyer's Agent
Ashley Van Leuven
Redfin Corporation
List Price
$750,000
Sold Price
$765,000
Premium/Discount to List
$15,000
2%
Views
17
Current Estimated Value
$802,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,354
Avg. Annual Appreciation
2.84%
Original Mortgage
$599,700
Outstanding Balance
$590,841
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$211,513

Purchase Details

Listed on
Oct 9, 2019
Closed on
Nov 12, 2019
Sold by
Spoelstra Kyle and Spoelstra Brittany
Bought by
Jones Joshua K and Jones Jennifer A
Seller's Agent
Adam Kelley
Elevate Capital
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.42%
Original Mortgage
$493,487
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 2017
Sold by
Spoelstra Kyle
Bought by
Spoelstra Kyle and Spoelstra Brittany

Purchase Details

Closed on
Jun 26, 2014
Sold by
Spoelstra Brittany
Bought by
Spoelstra Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,471
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2014
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Spoelstra Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,471
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2012
Sold by
Bank Of America Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Apr 23, 2010
Sold by
K Hovnanian At Lake Rancho Viejo Llc
Bought by
Massalas Nicholas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,624
Interest Rate
4.92%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marshall Austin $765,000 None Listed On Document
Jones Joshua K $520,000 Bnt Title Company Of Ca
Spoelstra Kyle -- None Available
Spoelstra Kyle -- First American Title
Spoelstra Kyle $392,500 First American Title
Secretary Of Housing & Urban Development -- Landsafe Title
Bank Of America Na $396,130 Landsafe Title
Massalas Nicholas R $377,500 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Austin $599,700
Previous Owner Jones Joshua K $493,487
Previous Owner Spoelstra Kyle $372,471
Previous Owner Massalas Nicholas R $370,624
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2024 04/16/24 Sold $765,000 +2.0% $388 / Sq Ft
03/15/2024 03/15/24 For Sale $750,000 +44.2% $381 / Sq Ft
01/03/2020 01/03/20 Sold $520,000 -1.0% $264 / Sq Ft View Prior Sale
12/08/2019 12/08/19 Pending -- -- --
10/09/2019 10/09/19 For Sale $525,000 -- $266 / 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 $6,277 $780,299 $278,623 $501,676
2024 $6,277 $557,541 $199,082 $358,459
2023 $6,094 $546,610 $195,179 $351,431
2022 $5,996 $535,893 $191,352 $344,541
2021 $5,871 $525,386 $187,600 $337,786
2020 $4,984 $439,469 $156,922 $282,547
2019 $4,900 $430,853 $153,846 $277,007
2018 $4,924 $422,406 $150,830 $271,576
2017 $572 $414,124 $147,873 $266,251
2016 $4,728 $406,005 $144,974 $261,031
2015 $4,652 $399,908 $142,797 $257,111
2014 $3,756 $316,429 $105,476 $210,953
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: ND24049810

California Regional Multiple Listing Service (CRMLS)

APN: 125-282-67