NOT LISTED FOR SALE

406 Summit Ave Fallbrook, CA 92028

Estimated Value: $686,000 - $745,000

3 Beds
2 Baths
1,429 Sq Ft
$497/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $615,000 $430 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,339/month

Highlights

  • Solar Power System
  • Fireplace
  • Property is Fully Fenced
  • Private Yard
  • 2 Car Attached Garage
  • Wood Siding

About This Home

As of November 2021

Beautiful home in the heart of Fallbrook! County living but close to shopping centers, wineries, hiking trails, mountains, casinos and minutes to the beach. Granite counter tops, stainless steel appliances, dual window panes, cozy fireplace in the living room, avocado and citrus trees, easy care landscaped and private backyard for entertainment. On Solar.

Last Agent to Sell the Property

MarLyn Meckel

Berkshire Hathaway HomeServices California Properties License #01989867 Listed on: 10/25/2021

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,868

Year Built

  • Built in 1960

Lot Details

  • 6,532 Sq Ft Lot
  • Property is Fully Fenced
  • Private Yard

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,429 Sq Ft Home
  • 1-Story Property
  • Fireplace

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Additional Features

  • Solar Power System
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 104-040-24-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,868

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: North County
  • Cross Street: W Elder Street
  • Neighborhood: Fallbrook
  • Estimated Living Space: 5,000 to 7,499 SqFt
  • LP / Sq Ft: 430.37
  • Price Per Sq Ft: 430.37
  • SP/ Sq Ft: 430.37
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1960
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Refrigerator, Solar Panels, Washer, Gas Stove, Counter Top
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 12x12
  • Full Bathrooms: 2
  • Laundry Location: Garage
  • Estimated Sq Ft: 1429
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Wood
  • Fencing: Full
  • Roof: Composition
  • Exclusive Use Yard: Yes

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Garage Spaces: 4
  • Parking Spaces Total: 6

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric, Gas
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Fireplace, Forced Air Unit
  • Heating Fuel: Natural Gas, Wood

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: FALLBROOK

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Rolling
  • Assessor Parcel Number: 104-040-24-00
  • Estimated Lot Sq Ft: 6532

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Oct 27, 2021
Sold by
Funk Sterling C
Bought by
Recendiz Omar S
Seller's Agent
MarLyn Meckel
Berkshire Hathaway HomeServices California Properties
List Price
$615,000
Sold Price
$615,000
Current Estimated Value
$709,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,930
Avg. Annual Appreciation
3.74%
Original Mortgage
$584,250
Outstanding Balance
$535,364
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$174,566

Purchase Details

Closed on
Jul 6, 2018
Sold by
Fite Justin Corey and Breen Sarah Lynne
Bought by
Funk Sterling C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,626
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2013
Sold by
Southland Home Mortgage Llc
Bought by
Fite Justin Corey and Breen Sarah Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,805
Interest Rate
3.32%
Mortgage Type
VA

Purchase Details

Closed on
Oct 30, 2012
Sold by
Serrano Melquiades R
Bought by
Southland Home Mortgage Llc

Purchase Details

Closed on
Apr 25, 2006
Sold by
Serrano Melquiades R and Rojas Teresa
Bought by
Serrano Melquiades R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,500
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2005
Sold by
Rojas Melquiades and Rojas Teresa
Bought by
Rojas Melquiades and Rojas Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2001
Sold by
Dawson Michael W and Dawson Jennifer A
Bought by
Rojas Melquiades and Rojas Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,631
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 2, 2001
Sold by
Dawson Jennifer A and Tell Jennifer A
Bought by
Dawson Michael W and Dawson Jennifer A

Purchase Details

Closed on
Nov 1, 1999
Sold by
Tell Stephen D
Bought by
Tell Jennifer A

Purchase Details

Closed on
Aug 11, 1998
Sold by
Walker Patrick D and La Rita E
Bought by
Tell Stephen Dennis and Tell Jennifer Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,471
Interest Rate
6.88%
Mortgage Type
FHA
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
Recendiz Omar S $615,000 Wfg Title Co Of Ca San Diego
Funk Sterling C $425,000 First American Title Company
Fite Justin Corey $270,000 Lawyers Title
Southland Home Mortgage Llc $200,000 Accommodation
Serrano Melquiades R -- Ticor Title Company
Rojas Melquiades -- Southland Title Land America
Rojas Melquiades $218,000 First American Title
Dawson Michael W -- --
Tell Jennifer A -- --
Tell Stephen Dennis $135,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Recendiz Omar S $584,250
Previous Owner Funk Sterling C $407,626
Previous Owner Fite Justin Corey $275,805
Previous Owner Serrano Melquiades R $233,500
Previous Owner Rojas Melquiades $226,000
Previous Owner Rojas Melquiades $214,631
Previous Owner Tell Stephen Dennis $130,471
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2021 11/19/21 Sold $615,000 0.0% $430 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $615,000 -- $430 / Sq Ft
Source: San Diego MLS

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 $6,868 $652,642 $509,379 $143,263
2024 $6,868 $639,846 $499,392 $140,454
2023 $6,664 $627,300 $489,600 $137,700
2022 $6,667 $615,000 $480,000 $135,000
2021 $4,695 $437,989 $214,128 $223,861
2020 $4,735 $433,499 $211,933 $221,566
2019 $4,645 $425,000 $207,778 $217,222
2018 $3,223 $292,207 $142,857 $149,350
2017 $3,160 $286,478 $140,056 $146,422
2016 $3,081 $280,861 $137,310 $143,551
2015 $3,026 $276,643 $135,248 $141,395
2014 $2,969 $271,225 $132,599 $138,626
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210029666

San Diego MLS

APN: 104-040-24