NOT LISTED FOR SALE

4280 Los Vecinos Fallbrook, CA 92028

Estimated Value: $1,688,000 - $2,362,000

3 Beds
3.5 Baths
4,100 Sq Ft
$469/Sq Ft Est. Value

Last Sold April 09, 2018

Last sale price $1,075,000 $262 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $10,981/month

92 Days on Market

Highlights

  • Horse Property
  • RV Access or Parking
  • 262,230 Sq Ft lot
  • In Ground Pool
  • Panoramic View
  • Cathedral Ceiling

About This Home

As of April 2018

AMAZING VIEWS!! Incredible estate consisting of two legal parcels totaling over 6 acres. Wandering country drive through lime trees, leads you to a secluded turn-around. Upon entering the home, natural light infuses through a floor-ceiling wall of windows in the 32x27 Great RM . EXPANSIVE VIEWS are so captivating, the transition to outdoors is seamless! Large 24x19 kitchen with adjacent breakfast nook connects to your outdoor dining. Third bedroom could be secondary dining or office. All rooms are over-sized with views out of every window. Master suite is 23x25 with separate roof-covered patio; allowing for those leisure mornings, where just one more lingering moment to take in the views can make your day.
The estate consists of a private pool area, solar, and equestrian facility complete with tack room, hay barn, lighted & covered corrals, wash rack, and large arena. Both lots are completely fenced with a cemented pad for trailer or toys, and the open land is plentiful....perfect for a vineyard or grove. Each lot has a water meter, one for front grove and one for domestic usage. Over-sized 3-car garage is the size of a 4-car!!
So many possibilities to make this your private oasis. One visit will open your mind to dreams you thought were out of your reach. Perfect for investors as two legal lots present future value in the Olive Hill-Rancho Camino area. Total lot sq' listed: 1 parcel 213,879 / 2 parcel 48,351= 262,230sq'

Last Agent to Sell the Property

Patty Quinn

Premiere Real Estate License #01194110 Listed on: 12/04/2017

Last Buyer's Agent

Patty Quinn

Premiere Real Estate License #01194110 Listed on: 12/04/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 6.02 Acre Lot
  • Level Lot
  • Front and Back Yard Sprinklers
  • Density is up to 1 Unit/Acre
  • 1234105100
  • Value in Land

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Side Facing Garage
  • Three Garage Doors
  • Auto Driveway Gate
  • Driveway
  • RV Access or Parking

Property Views

  • Panoramic
  • Pasture
  • Orchard Views
  • Hills
  • Valley
  • Pool

Home Design

  • Ranch Style House
  • Spanish Architecture
  • Stucco

Interior Spaces

  • 4,100 Sq Ft Home
  • Beamed Ceilings
  • Cathedral Ceiling
  • Skylights
  • Entrance Foyer
  • Great Room with Fireplace
  • Breakfast Area or Nook
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Converted Bedroom

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Horse Property
  • Covered Patio or Porch
  • Rooftop Access

Farming

  • Agricultural
  • Pasture

Horse Facilities and Amenities

  • Horse Property Improved

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Septic Type Unknown
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1,2
  • Tax Tract Number 2910
  • Assessor Parcel Number 1234104800

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate
  • View: Yes
  • Zoning: A
  • Architectural Style: Ranch, Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1234104800
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4100.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s)
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook
  • Fireplace Features: Great Room
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 262.20
  • Room Type: All Bedrooms Down, Converted Bedroom, Foyer, Great Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom
  • Spa Features: In Ground, Private
  • Window Features: Skylight(s)

Exterior Features

  • Patio: Yes
  • View: Hills, Orchard, Panoramic, Pasture, Pool, Valley
  • Patio And Porch Features: Concrete, Covered, Rear Porch, Roof Top
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Direct Garage Access, Driveway, Concrete, Garage Faces Side, Garage - Three Door, RV Access/Parking
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Individual Room
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 1234105100
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Agricultural, Gentle Sloping, Horse Property, Horse Property Improved, Lot Over 40000 Sqft, Level, Pasture, Ranch, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Manual, Sprinklers Timer, Value In Land
  • Lot Size Sq Ft: 262230.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 188.02
  • Tax Lot: 1,2
  • Tax Tract Number: 2910

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2017
Closed on
Mar 28, 2018
Sold by
Schmidt Patrick
Bought by
Sloan Kathy and Sloan Gregory
Seller's Agent
Patty Quinn
Premiere Real Estate
Buyer's Agent
Patty Quinn
Premiere Real Estate
List Price
$1,400,000
Sold Price
$1,075,000
Premium/Discount to List
-$325,000
-23.21%
Current Estimated Value
$1,921,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$846,527
Avg. Annual Appreciation
7.78%
Original Mortgage
$600,000
Outstanding Balance
$513,277
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,408,250

Purchase Details

Closed on
May 18, 2005
Sold by
Sparrow William T and Sparrow Valerie A
Bought by
Schmidt Patrick and Schmidt Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.8%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 7, 1993
Sold by
Thompson Wayne F & Arlene J Trust 07-07
Bought by
Sparrow William T and Sparrow Valerie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.87%
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
Sloan Kathy $1,075,000 Chicago Title Company Commer
Schmidt Patrick $1,310,000 First American Title
Sparrow William T $500,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sloan Kathy $600,000
Previous Owner Schmidt Patrick $1,000,000
Previous Owner Sparrow William T $125,000
Closed Schmidt Patrick $178,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2018 04/09/18 Sold $1,075,000 -10.4% $262 / Sq Ft
03/06/2018 03/06/18 Pending -- -- --
01/13/2018 01/13/18 Price Changed $1,200,000 -14.3% $293 / Sq Ft
12/04/2017 12/04/17 For Sale $1,400,000 -- $341 / 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 $11,320 $1,063,866 $455,130 $608,736
2024 $11,320 $1,043,006 $446,206 $596,800
2023 $10,967 $1,022,556 $437,457 $585,099
2022 $10,973 $1,002,507 $428,880 $573,627
2021 $10,606 $982,851 $420,471 $562,380
2020 $10,688 $972,774 $416,160 $556,614
2019 $10,478 $953,700 $408,000 $545,700
2018 $10,593 $960,000 $508,000 $452,000
2017 $10,591 $960,000 $508,000 $452,000
2016 $10,211 $930,000 $493,000 $437,000
2015 $9,881 $895,000 $475,000 $420,000
2014 $9,895 $895,000 $475,000 $420,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17268788

California Regional Multiple Listing Service (CRMLS)

APN: 123-410-48