NOT LISTED FOR SALE

40878 Daily Rd Fallbrook, CA 92028

Estimated Value: $1,172,000 - $1,308,157

4 Beds
3.5 Baths
2,659 Sq Ft
$465/Sq Ft Est. Value

Last Sold November 29, 2023

Last sale price $1,111,000 $418 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,751/month

24 Days on Market

Highlights

  • Private Pool
  • View of Trees or Woods
  • Open Floorplan
  • Fishing
  • 8.1 Acre Lot
  • Secluded Lot

About This Home

As of November 2023

40878 Daily Rd in Fallbrook is a remarkable hilltop retreat, home or get away nestled on 8.1 acres of picturesque land, offering the perfect blend of space and cozy cabin feel living. This spacious 2659 square foot home boasts 4 bedrooms and 3 bathrooms, making it ideal for families or those who love to entertain. As you step inside, you'll be greeted by an inviting interior with a layout designed for both comfort and style. The heart of the home features a kitchen overlooking your wrap around porch viewing out over the sunset. The living spaces are filled with natural light, creating a warm and welcoming atmosphere. One of the standout features of this property is the outdoor oasis it offers. New HVAC unit just replaced in 2021. Solar is paid off. Silver Dollar Eucalyptus generates potential revenue. Property is on public water. A sparkling pool invites you to take a refreshing dip on hot summer days, while the spa provides relaxation under the stars. A waterfall and slide add an element of fun for everyone, making it a fantastic place for gatherings and making lasting memories. The real gem of this property, however, is the stunning hilltop location that provides breathtaking sunset views. There are several varieties of grape vines growing on the property, Primitivo, Tempranillo and Zinfandel. Enough for a barrel of wine. Whether you're sipping a drink on the patio or gazing out from the comfort of your living room, you'll be treated to panoramic vistas that will take your breath away. 40878 Daily Rd in Fallbrook is not just a home; it's a sanctuary where you can unwind, entertain, and revel in the beauty of nature. It's an opportunity to experience the best of Southern California living in a serene and private setting.

Last Agent to Sell the Property

Jennifer Conklin

Allison James Estates & Homes License #01711183 Listed on: 09/18/2023

Allison James Estates & Homes

Last Buyer's Agent

Mariana Vassilev

Coldwell Banker Residential Brokerage License #01380055

Coldwell Banker Residential Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,200

Year Built

  • Built in 1981

Lot Details

  • 8.1 Acre Lot
  • Secluded Lot
  • Drip System Landscaping
  • Sprinkler System
  • Density is 6-10 Units/Acre
  • Value in Land
  • Property is zoned A70

Property Views

  • Woods
  • Mountain
  • Hills
  • Pool
  • Neighborhood

Interior Spaces

  • 2,659 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Family Room with Fireplace
  • Living Room with Attached Deck
  • Bonus Room
  • Wood Flooring
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Parking Available
  • Driveway

Pool

  • Private Pool
  • In Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 11577
  • Assessor Parcel Number 1012904500
  • $426 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Fallbrook Subdivision
  • Foothills

Recreation

  • Fishing
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,200

Year Built

Built in 1981

Lot Details

0

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: 1012904500
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2659.00 Square Feet
  • Interior Amenities: Living Room Deck Attached, Open Floorplan, Pantry
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 417.83
  • Room Type: Bonus Room, Family Room, Main Floor Bedroom, Separate Family Room
  • Spa Features: Private, In Ground
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Other Structures: Outbuilding, Shed(s), Storage
  • View: Hills, Mountain(s), Neighborhood, Pool, Trees/Woods
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Asphalt

Utilities

  • Utilities: Electricity Connected, Propane
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Electric, Forced Air
  • Laundry Features: Electric Dryer Hookup
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Fishing, Foothills, Hiking

Schools

  • School District: Fallbrook Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Lot Over 40000 Sqft, Secluded, Sprinkler System, Sprinklers Drip System, Value In Land
  • Lot Size Sq Ft: 352836.00
  • Lot Size Acres: 8.1000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 352836.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 190.01
  • Tax Lot: 1
  • Tax Tract Number: 11577
  • TaxOtherAnnualAssessmentAmount: 426.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2023
Closed on
Oct 13, 2023
Sold by
Leighton Micheal Wayne and Leighton Audrie Katherin
Bought by
Pinkett Brian
Seller's Agent
Jennifer Conklin
Allison James Estates & Homes
Buyer's Agent
Mariana Vassilev
Coldwell Banker Residential Brokerage
List Price
$1,190,000
Sold Price
$1,111,000
Premium/Discount to List
-$79,000
-6.64%
Views
472
Current Estimated Value
$1,235,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,789
Avg. Annual Appreciation
6.27%
Original Mortgage
$700,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2020
Closed on
May 12, 2020
Sold by
Marcon Richard D and Marcon Carol J
Bought by
Leighton Micheal Wayne and Leighton Audrie Katherine
Seller's Agent
John Reeves
Reef Point Realty, Inc
Buyer's Agent
Karla Godinez
WERE Real Estate
List Price
$799,999
Sold Price
$795,000
Premium/Discount to List
-$4,999
-0.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%
Original Mortgage
$675,750
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2016
Sold by
Marcon Richard D and Marcon Carol J
Bought by
Marcon Richard D and Marcon Carol J

Purchase Details

Closed on
Feb 13, 1989
Bought by
Marcon Richard D Carol J
Source: Public Records

Range of Values:

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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
Pinkett Brian $1,111,000 Stewart Title Of California
Leighton Micheal Wayne $795,000 Ticor Title San Diego Branch
Marcon Richard D -- None Available
Marcon Richard D Carol J $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pinkett Brian $700,000
Previous Owner Leighicn Micheal Wayne $700,000
Previous Owner Leighton Micheal Wayne $175,000
Previous Owner Leighton Micheal Wayne $675,750
Previous Owner Marcon Richard D $80,000
Previous Owner Marcon Richard D $677,093
Previous Owner Marcon Richard D $85,000
Previous Owner Marcon Richard D $590,000
Previous Owner Marcon Richard D $24,000
Previous Owner Marcon Richard D $511,000
Previous Owner Marcon Richard D $435,000
Previous Owner Marcon Richard D $34,000
Previous Owner Marcon Richard D $338,400
Previous Owner Marcon Richard D $318,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2023 11/29/23 Sold $1,111,000 -6.6% $418 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $1,190,000 +49.7% $448 / Sq Ft
06/29/2020 06/29/20 Sold $795,000 -0.6% $306 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $799,999 -- $308 / 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 $12,200 $1,133,220 $816,000 $317,220
2024 $12,200 $1,111,000 $800,000 $311,000
2023 $9,673 $882,605 $315,353 $567,252
2022 $9,181 $819,300 $309,170 $510,130
2021 $8,882 $803,236 $303,108 $500,128
2020 $5,062 $435,701 $188,736 $246,965
2019 $4,624 $395,307 $185,036 $210,271
2018 $4,558 $387,557 $181,408 $206,149
2017 $4,475 $379,958 $177,851 $202,107
2016 $4,371 $372,509 $174,364 $198,145
2015 $4,307 $366,914 $171,745 $195,169
2014 $4,232 $359,727 $168,381 $191,346
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW23174207

California Regional Multiple Listing Service (CRMLS)

APN: 101-290-45