NOT LISTED FOR SALE

4120 Oak Island Ln Fallbrook, CA 92028

Estimated Value: $388,092 - $445,000

1 Bed
1 Bath
729 Sq Ft
$455/mo HOA Fee

Last Sold July 12, 2023

Last sale price $385,000 $528 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,061/month

54 Days on Market

Highlights

  • In Ground Pool
  • 10.87 Acre Lot
  • Cathedral Ceiling
  • Golf Course View
  • Open Floorplan
  • End Unit

About This Home

As of July 2023

LOCATION! VIEWS! Great location in the desirable Pala Mesa Villas. Upstairs end unit allows for vaulted ceilings. Spectacular golf course and mountain views from your private balcony accessed from the living room and bedroom. Skylights in the dining room and bath. Amazing dual mirrored closet space with interior shelving. The kitchen has a serve through bar,dishwasher,electric cooktop stove,ceiling fan and granite counters. Refrigerator will remain. Stack washer and dryer will remain as well as a camera security system. Central air conditioning and heat. Two car tandem garage.Two community pools and spas. Beautiful and well maintained green belt areas. This is a lovely complex close to trails,wineries,golf and the 76 & 15 freeways.

Last Agent to Sell the Property

Barbara Laurito

The Home Real Estate Co. License #00399472 Listed on: 05/03/2023

Last Buyer's Agent

David Demangos

eXp Realty of California, Inc License #01905183

eXp Realty of California, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,106

Year Built

  • Built in 1980

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $455 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Tandem Garage
  • Single Garage Door
  • Driveway

Property Views

  • Golf Course
  • Hills

Home Design

  • Composition Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 729 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Sliding Doors
  • Living Room
  • Closed Circuit Camera

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • Mirrored Closets Doors
  • 1 Full Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Accessible Home Design

  • Accessible Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 8536
  • Assessor Parcel Number 1084111035
  • $42 per year additional tax assessments

Community Details

Overview

  • 136 Units
  • Pala Mesa Villas Association, Phone Number (760) 363-4811
  • Vintage Group HOA
  • Fallbrook Subdivision

Recreation

  • Community Pool
  • Community Spa
  • Hiking Trails

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,106

Year Built

Built in 1980

Lot Details

0

HOA Fees

$455 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: security camera system,washer/dryer,electric range and refrigerator.
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Smoke Detector(s)
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Zoning: RV
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 1084111035
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 729.00 Square Feet
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan
  • Stories: 1
  • Entry Location: up stairs
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Laminate
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 2
  • Levels: One
  • Price Per Square Foot: 528.12
  • Room Type: Kitchen, Living Room
  • Spa Features: Association, Community
  • Window Features: Blinds, Drapes
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Exhaust Fan(s)
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: Golf Course, Hills
  • Pool Features: Association, In Ground
  • Pool Private: No
  • Roof: Asphalt, Composition
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Garage Faces Front, Garage - Single Door, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop, Disposal
  • Heating Type: Baseboard, Forced Air
  • Laundry Features: In Closet, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Hiking Trails
  • Association Fee: 455.00
  • Association Fee Frequency: Monthly
  • Association Name: Pala Mesa Villas
  • Phone: 760-363-4811
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Hiking, Street Lights
  • Association Management: Vintage Group

Schools

  • School District: Fallbrook Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 473309.00
  • Lot Size Acres: 10.8657

Multi Family

  • Lease Considered: No
  • Lot Size Area: 473309.0000 Square Feet
  • Number Of Units In Community: 136
  • Number Of Units Total: 136

Tax Info

  • Tax Census Tract: 188.05
  • Tax Lot: 11
  • Tax Tract Number: 8536
  • TaxOtherAnnualAssessmentAmount: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Jun 29, 2023
Sold by
Daniel Patrick Toth Living Trust
Bought by
Gunter Michael L and Anderson Amy M
Seller's Agent
Barbara Laurito
The Home Real Estate Co.
Buyer's Agent
David Demangos
eXp Realty of California, Inc
List Price
$415,000
Sold Price
$385,000
Premium/Discount to List
-$30,000
-7.23%
Views
89
Current Estimated Value
$415,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,523
Avg. Annual Appreciation
1.98%

Purchase Details

Closed on
Mar 27, 2021
Sold by
Toth Daniel Patrick
Bought by
Toth Daniel Patrick

Purchase Details

Listed on
Mar 2, 2018
Closed on
Mar 20, 2018
Sold by
Demarest Phillip W
Bought by
Toth Daniel Patrick
Seller's Agent
Dale Fredrick
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
NoEmail NoEmail
Src Non-mls
List Price
$220,000
Sold Price
$216,900
Premium/Discount to List
-$3,100
-1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%
Original Mortgage
$221,563
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Sep 14, 2005
Sold by
Demarest Phillip W
Bought by
Demarest Phillip W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 1, 2004
Sold by
Graves Shelley A
Bought by
Phillip W Phillip W

Purchase Details

Closed on
May 22, 2003
Sold by
Harcourt M Larue and Harcourt Alice
Bought by
Demarest Phillip and Graves Shelley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2001
Sold by
Bagley George and Bagley Charlyn
Bought by
Harcourt M Larue and Harcourt Alice

Purchase Details

Closed on
Jun 10, 1993

Purchase Details

Closed on
Mar 31, 1988
Source: Public Records

Range of Values:

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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
Gunter Michael L $385,000 Corinthian Title
Toth Daniel Patrick -- None Available
Toth Daniel Patrick $217,000 Chicago Title Company
Demarest Phillip W -- Fidelity National Title
Phillip W Phillip W -- --
Demarest Phillip $176,000 Chicago Title Co
Harcourt M Larue -- --
-- $105,000 --
-- $81,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Toth Daniel Patrick $223,200
Previous Owner Toth Daniel Patrick $221,563
Previous Owner Demarest Phillip W $31,650
Previous Owner Demarest Phillip W $29,000
Previous Owner Demarest Phillip W $196,000
Previous Owner Demarest Phillip W $50,000
Previous Owner Demarest Phillip $35,200
Previous Owner Demarest Phillip $140,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2023 07/12/23 Sold $385,000 -2.5% $528 / Sq Ft
06/05/2023 06/05/23 Price Changed $395,000 -2.5% $542 / Sq Ft
05/22/2023 05/22/23 Price Changed $405,000 -2.4% $556 / Sq Ft
05/03/2023 05/03/23 For Sale $415,000 +91.3% $569 / Sq Ft
04/10/2018 04/10/18 Sold $216,900 -1.4% $298 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $220,000 +1.4% $302 / Sq Ft
03/07/2018 03/07/18 Off Market $216,900 -- --
03/02/2018 03/02/18 For Sale $220,000 -- $302 / 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 $4,106 $387,599 $168,607 $218,992
2024 $4,106 $380,000 $165,301 $214,699
2023 $2,548 $237,205 $103,185 $134,020
2022 $2,548 $232,555 $101,162 $131,393
2021 $2,468 $227,996 $99,179 $128,817
2020 $2,490 $225,660 $98,163 $127,497
2019 $2,445 $221,237 $96,239 $124,998
2018 $2,149 $200,000 $87,000 $113,000
2017 $2,148 $200,000 $87,000 $113,000
2016 $1,971 $185,000 $81,000 $104,000
2015 $1,802 $170,000 $75,000 $95,000
2014 $1,587 $150,000 $67,000 $83,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS23075130

California Regional Multiple Listing Service (CRMLS)

APN: 108-411-10-35