NOT LISTED FOR SALE

408 Tumble Creek Ln Fallbrook, CA 92028

Estimated Value: $1,403,527 - $1,503,000

5 Beds
3.5 Baths
3,660 Sq Ft
$394/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $1,375,000 $376 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $8,400/month

12 Days on Market

Highlights

  • In Ground Pool
  • 1.8 Acre Lot
  • Wooded Lot
  • Panoramic View
  • Fireplace in Primary Bedroom
  • Main Floor Bedroom

About This Home

As of April 2023

Welcome to this resort-style pool home in the highly sought after community of Tumble Creek located in the rolling hills of Fallbrook. Sitting on almost 2 acres, this countryside estate is an entertainer’s paradise complete with pool, spa, outdoor shower and ½ bath, cabana bar with full outdoor kitchen including mini refrigerator, blender, cooktop, barbecue, TV, sound system, as well as water and lighting features. Enjoy the expansive lot featuring a fire pit, flower garden, game area with horseshoes and basketball, and your own oasis overlooking the adjacent pond. This single level home boasts 5 bedrooms, one currently used as an office with built-in desk, and another as a recreation room with separate entrance and private deck that could also be a guest suite or attached ADU. Featuring a double entry driveway, flat usable land, and 3-car garage there’s plenty of room for RV parking and a guest house. Additional features include oversized dining room with wine cellar, open floor plan that has views from every window and a living room fireplace, oversized eat-in kitchen, upgraded stainless gas steel appliances, walk-in pantry and 2nd large pantry or storage room with additional refrigerator just steps from the kitchen, master bedroom suite with fireplace and sliding rear door for easy access to the pool/spa. The beautiful pond next door offers a perfect setting to watch the sun set and enjoy the ducks. To top it off the home comes with over 30 solar panels fully paid off and the orchard has 75 citrus and avocado trees and is managed by a local vendor making this property worry free with the benefit of a farm setting.

Last Agent to Sell the Property

Billy Long

Balboa Real Estate, Inc License #01982858 Listed on: 02/24/2023

Balboa Real Estate, Inc

Co-Listed By

Heidi Cabrera

Balboa Real Estate, Inc. License #01922627

Last Buyer's Agent

Jennifer Anderson

Compass License #01885540

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 1.8 Acre Lot
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Private Yard
  • Lawn
  • Garden
  • Back Yard
  • Property is zoned A70

HOA Fees

  • $39 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Driveway Level

Property Views

  • Pond
  • Panoramic
  • Woods
  • Pasture
  • Orchard Views
  • Hills

Interior Spaces

  • 3,660 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Family Room with Fireplace
  • Dining Room
  • Home Office
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bathtub

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Air
  • Propane
  • Septic Type Unknown

Additional Features

  • Solar owned by seller
  • Exterior Lighting

Community Details

  • Tumble Creek Estates Association, Phone Number (310) 663-1177
  • Management HOA
  • Fallbrook Subdivision

Listing and Financial Details

  • Tax Lot 7500
  • Tax Tract Number 100
  • Assessor Parcel Number 1052910500
  • $67 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

1.8 Acres

HOA Fees

$39 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Zoning: A70
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1052910500
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3660.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 375.68
  • Room Type: Entry, Kitchen, Main Floor Bedroom, Office, Walk-In Closet, Walk-In Pantry
  • Spa Features: Private
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Kitchen Island, Walk-In Pantry

Exterior Features

  • View: Hills, Orchard, Panoramic, Pasture, Pond, Trees/Woods
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway Level, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Propane
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Electric: Photovoltaics Seller Owned
  • Laundry Features: Inside
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules
  • Association Fee: 39.00
  • Association Fee Frequency: Monthly
  • Association Name: Tumble Creek Estates
  • Phone: 3106631177
  • Senior Community: No
  • Community Features: Street Lights
  • Association Management: Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Garden, Landscaped, Lawn, Level, Treed Lot, Yard
  • Lot Size Sq Ft: 78408.00
  • Lot Size Acres: 1.8000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 78408.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 190.01
  • Tax Lot: 7500
  • Tax Tract Number: 100...
  • TaxOtherAnnualAssessmentAmount: 67.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Mar 17, 2023
Sold by
Scrimsher Jesse and Leonard Pamela
Bought by
Larson Karl A and Larson Rina C
Seller's Agent
Billy Long
Balboa Real Estate, Inc
Buyer's Agent
Jennifer Anderson
Compass
List Price
$1,395,000
Sold Price
$1,375,000
Premium/Discount to List
-$20,000
-1.43%
Views
135
Current Estimated Value
$1,442,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,132
Avg. Annual Appreciation
1.63%
Original Mortgage
$1,100,000
Outstanding Balance
$1,059,975
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$382,157

Purchase Details

Closed on
Jun 22, 2022
Sold by
Fassel Richard R and Revo Kathy
Bought by
Scrimsher Jesse and Leonard Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2021
Sold by
Fassel Richard R and Fassel Kathy L
Bought by
Fassel Richard R and Fassel Kathy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2019
Sold by
Fassel Richard R and Fassel Kathy L
Bought by
Fassel Richard R and Fassel Kathy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2018
Sold by
Fassel Richard R and Fassel Kathy L
Bought by
Fassel Richard R and Fassel Kathy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,800
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Feb 20, 2014
Closed on
Apr 1, 2014
Sold by
Serra Anthony D and Serra Laura D
Bought by
Fassel Richard R and Fassel Kathy L
Seller's Agent
Ruben Gonzales
Allison James Estates & Homes
Buyer's Agent
Ruben Gonzales
Allison James Estates & Homes
List Price
$735,000
Sold Price
$735,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%
Original Mortgage
$410,000
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2011
Sold by
Serra Anthony D and Serra Laura D
Bought by
Serra Anthony D and Serra Laura D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2009
Sold by
Serra Anthony D and Serra Laura D
Bought by
Serra Anthony D and Serra Laura D

Purchase Details

Closed on
Oct 28, 2002
Sold by
Fieri Frederick C and Fieri Madalyn A
Bought by
Serra Anthony and Serra Laura D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,000
Interest Rate
4%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 30, 1987
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
Larson Karl A $1,375,000 Fidelity National Title
Scrimsher Jesse $1,400,000 New Title Company Name
Fassel Richard R -- North American Title Company
Fassel Richard R -- North American Title Company
Fassel Richard R -- North American Title Company
Fassel Richard R -- North American Title Company
Fassel Richard R -- Chicago Title Company
Fassel Richard R $735,000 Equity Title
Serra Anthony D -- Lsi
Serra Anthony D -- None Available
Serra Anthony D -- First American Title
Serra Anthony $729,000 First American Title Co
-- $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Karl A $1,100,000
Previous Owner Scrimsher Jesse $700,000
Previous Owner Fassel Richard R $378,000
Previous Owner Fassel Richard R $384,000
Previous Owner Fassel Richard R $51,800
Previous Owner Fassel Richard R $410,000
Previous Owner Serra Anthony D $215,000
Previous Owner Serra Anthony $469,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2023 04/07/23 Sold $1,375,000 -1.4% $376 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $1,395,000 -0.4% $381 / Sq Ft
08/29/2022 08/29/22 Sold $1,400,000 -3.4% $383 / Sq Ft View Prior Sale
05/22/2022 05/22/22 Pending -- -- --
05/16/2022 05/16/22 Price Changed $1,450,000 -6.5% $396 / Sq Ft
03/08/2022 03/08/22 For Sale $1,550,000 +110.9% $423 / Sq Ft
05/09/2014 05/09/14 Sold $735,000 0.0% $201 / Sq Ft View Prior Sale
03/31/2014 03/31/14 Pending -- -- --
02/20/2014 02/20/14 For Sale $735,000 -- $201 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,305 $890,705 $502,358 $388,347
2024 $9,305 $873,241 $492,508 $380,733
2023 $14,851 $1,400,000 $800,000 $600,000
2022 $5,994 $557,034 $199,797 $357,237
2021 $5,792 $546,113 $195,880 $350,233
2020 $5,837 $540,514 $193,872 $346,642
2019 $5,719 $529,917 $190,071 $339,846
2018 $5,632 $519,528 $186,345 $333,183
2017 $5,520 $509,342 $182,692 $326,650
2016 $5,382 $499,356 $179,110 $320,246
2015 $5,296 $491,856 $176,420 $315,436
2014 $8,085 $750,000 $216,000 $534,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23032210

California Regional Multiple Listing Service (CRMLS)

APN: 105-291-05

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