NOT LISTED FOR SALE

4349 Fallsbrae Rd Fallbrook, CA 92028

Estimated Value: $2,299,000 - $2,467,000

5 Beds
5.5 Baths
5,588 Sq Ft
$425/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $1,925,000 $344 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $14,448/month

57 Days on Market

Highlights

  • Detached Guest House
  • Pool and Spa
  • Solar Power System
  • La Paloma Elementary School Rated 9+
  • RV Access or Parking
  • Gated Parking

About This Home

As of July 2021

Sprawling Mediterranean-style estate nestled on a gated 2.01 acre lot. A 492 square foot detached casita is perfect for multi-generational living and guests. As you enter through the double doors adorned with leaded glass, you will gaze upon a sweeping, open floor plan over looking the vanishing edge saltwater pool and hillside views. Adorned with many designer features such as tray ceilings, regal columns, high ceilings and arched doorways. The formal living and dining rooms provide the perfect space for entertaining as they look out upon the backyard and pool. Caribbean mahogany flooring throughout the entire sprawling estate. 55 solar panels covers the EV Charging, guest house, pool equipment, and home. Unique feature of this home is its auto storage capacity. The estate has 2 separate 4-car garages with auto lift, epoxy finished floors, and designers flair built-cabinets. A car collector's dream come true garage, a must see! Adjustable temperature- controlled wine cellar can accommodate 600 bottles. Come live your best life! Open the multi-paneled patio doors wide to create the perfect indoor outdoor living environment. The kitchen is a Chef’s Dream with enough cabinet and counter space for all of your culinary creations, stainless steel appliances, a double oven, wine cooler, 5-burner gas cooktop and an eat-at center island with cabinets for extra storage. A stunning wet bar and wine celler are ready for you to release your inner wine steward or barista skills. A dramatic curved staircase with wrought iron spindles and polished wood rail whisks you upstairs where you will find a large loft, study and primary suite that enjoys a gas fireplace, walk-in closet and a wall of patio doors that lead to the private balcony that overlooks the backyard. The spa-like en suite will spoil you with the two-sided fireplace, spacious walk-in wardrobe, step-in shower, soaking tub and separate vanities. The backyard is an Entertainer’s Dream with an infinity pool and spa that overlooks the rolling hills of Fallbrook providing breathtaking sunsets and many opportunities for stargazing, a covered patio with a fireplace, meandering paths plus plenty of additional room for your green thumb to go wild. The attached garage is a car collector's delight - it will care for up to 8 of your steel beauties and is equipped with a hydraulic lift. Fallbrook is known as the “Avocado Capital of the World” making it a vibrant community with 18th century restored buildings, boutiques, cafes, weekly farmers markets and annual festivals. Live Oak Park offers 27 acres with miles of biking and hiking trails amongst ancient oak tree forests and streams. To see it is to love it!

Last Agent to Sell the Property

Elaina Nieman

Redfin Corporation License #01424483 Listed on: 05/21/2021

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,413

Year Built

  • Built in 2001 | Remodeled

Lot Details

  • 2.01 Acre Lot
  • Gated Home
  • Wrought Iron Fence
  • Property is Fully Fenced
  • Chain Link Fence
  • Gentle Sloping Lot
  • Private Yard
  • Property is zoned R-1:SINGLE

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 8 Car Attached Garage
  • Driveway
  • Gated Parking
  • RV Access or Parking

Property Views

  • City Lights
  • Mountain
  • Valley

Home Design

  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 5,588 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Crown Molding
  • Two Way Fireplace
  • Family Room
  • Living Room with Fireplace
  • 5 Fireplaces
  • Formal Dining Room
  • Bonus Room
  • Fire Sprinkler System

Kitchen

  • Breakfast Area or Nook
  • Double Convection Oven
  • Gas Oven
  • Stove
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Laundry Chute
  • Washer and Propane Dryer Hookup

Eco-Friendly Details

  • Solar Power System
  • Heating system powered by passive solar
  • Sprinklers on Timer

Pool

  • Pool and Spa
  • In Ground Pool
  • Pool Heated With Propane
  • Pool Equipment or Cover

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Grill

Additional Homes

  • Detached Guest House
  • 8 SF Accessory Dwelling Unit

Utilities

  • Zoned Heating
  • Floor Furnace
  • Vented Exhaust Fan
  • Heat Pump System
  • Separate Water Meter
  • Water Purifier
  • Water Softener
  • Septic System
  • Satellite Dish

Community Details

  • Association fees include common area maintenance
  • Rancho Fallbrook Association, Phone Number (760) 931-4180

Listing and Financial Details

  • Assessor Parcel Number 123-492-08-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,413

Year Built

Built in 2001 | Remodeled

Lot Details

0

HOA Fees

$75 per month

Parking

8

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Property Condition: Updated/Remodeled
  • Market Area: North County
  • Cross Street: Ramona Drive
  • Neighborhood: Rancho Fallbrook
  • Supplement: Open the multi-paneled patio doors wide to create the perfect indoor outdoor living environment. The kitchen is a Chef’s Dream with enough cabinet and counter space for all of your culinary creations, stainless steel appliances, a double oven, wine cooler, 5-burner gas cooktop and an eat-at center island with cabinets for extra storage. A stunning wet bar and wine celler are ready for you to release your inner wine steward or barista skills. A dramatic curved staircase with wrought iron spindles and polished wood rail whisks you upstairs where you will find a large loft, study and primary suite that enjoys a gas fireplace, walk-in closet and a wall of patio doors that lead to the private balcony that overlooks the backyard. The spa-like en suite will spoil you with the two-sided fireplace, spacious walk-in wardrobe, step-in shower, soaking tub and separate vanities. The backyard is an Entertainer’s Dream with an infinity pool and spa that overlooks the rolling hills of Fallbrook providing breathtaking sunsets and many opportunities for stargazing, a covered patio with a fireplace, meandering paths plus plenty of additional room for your green thumb to go wild. The attached garage is a car collector's delight - it will care for up to 8 of your steel beauties and is equipped with a hydraulic lift. Fallbrook is known as the “Avocado Capital of the World” making it a vibrant community with 18th century restored buildings, boutiques, cafes, weekly farmers markets and annual festivals. Live Oak Park offers 27 acres with miles of biking and hiking trails amongst ancient oak tree forests and streams. To see it is to love it!
  • Estimated Living Space: 5,000 to 7,499 SqFt
  • LP / Sq Ft: 357.91
  • Miscellaneous: Rural
  • Price Per Sq Ft: 344.49
  • Residential Unit Location: Detached
  • SP/ Sq Ft: 344.49
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 2001
  • 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

  • Interior Amenities: Crown Moldings
  • Flooring: Carpet, Stone, Tile
  • Equipment Available: Dishwasher, Disposal, Fire Sprinklers, Microwave, Pool/Spa/Equipment, Satellite Dish, Solar Panels, Vacuum/Central, Water Softener, Convection Oven, Double Oven, Gas Oven, Gas Stove, Grill, Ice Maker, Range/Stove Hood, Vented Exhaust Fan, Barbecue, Water Purifier, Counter Top
  • Fireplaces: 5
  • Fireplace: Fp In Living Room, Fp In Master Br, Patio/Outdoors, Bath, Master Retreat, Two Way
  • Searchable Rooms: Bonus Room, Breakfast Area, Dining Room/Separate, Family Room, Kitchen, Living Room, Master Bedroom, Laundry, Master Bathroom
  • Total Bedrooms: 5
  • Bedrooms: 5
  • Master Bedroom Dimensions: 16x19
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 5588
  • Total Bathrooms: 6

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full, Gate, Wrought Iron, Chain Link
  • Guest House: Detached
  • Patio: Covered, Concrete
  • Pool: Below Ground
  • Pool Heat: Propane
  • Roof: Tile/Clay
  • Spa: Private w/Pool
  • Spa Heat: Gas
  • View: Evening Lights, Mountains/Hills, Valley/Canyon
  • Exclusive Use Yard: Yes
  • Guest House Sq Ft: 8

Garage/Parking

  • Parking for RV: Gated, On-Site Parking
  • Garage Details: Attached, Gated
  • Garage Spaces: 8
  • Non Garage Parking: Gated, Driveway
  • Garage Spaces: 15
  • Parking Spaces Total: 23

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Propane, Laundry Chute, Washer Hookup, Gas & Electric Dryer HU
  • Sewer/Septic: Septic Installed
  • Water: Meter on Property
  • Heating: Zoned Areas, Fireplace, Floor Furnace, Passive Solar, Heat Pump
  • Heating Fuel: Propane

Condo/Co-op/Association

  • Total Fees: 900.0
  • Property Management Company: Association Management Gr
  • Property Management Phone: 760-931-4180
  • Community: FALLBROOK
  • Home Owner Association: Rancho Fallbrook
  • Home Owner Association Fee Includes: Common Area Maintenance
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 75.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 760-931-4180

Fee Information

  • Total Monthly Fees: 75

Lot Info

  • Irrigation: Automatic, Drip, Sprinklers
  • Lot Size: 2+ to 4 AC
  • Topography: Slope Gentle
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 123-492-08-00
  • Estimated Lot Sq Ft: 87555
  • Estimated Number of Acres: 2.01
  • Other Structures: Guest House
  • Map Code Column: A
  • Map Code Page: 1048
  • Map Code Row: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 21, 2021
Sold by
Pye Mary Anne Ward and The Pye Family Trust
Bought by
Katzelis William Dean and Katzelis Regina Lynn
Seller's Agent
Elaina Nieman
Redfin Corporation
List Price
$2,000,000
Sold Price
$1,925,000
Premium/Discount to List
-$75,000
-3.75%
Current Estimated Value
$2,374,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$449,493
Avg. Annual Appreciation
5.14%
Original Mortgage
$325,000
Outstanding Balance
$295,022
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$2,079,471

Purchase Details

Closed on
Apr 12, 2021
Sold by
Pye Mary Anne Ward and The Pye Family Trust
Bought by
Wright Craig Alexander

Purchase Details

Closed on
Sep 1, 2015
Sold by
Pye Mary Anne Ward
Bought by
Pye Mary Anne Ward

Purchase Details

Listed on
Dec 1, 2012
Closed on
Apr 2, 2013
Sold by
Beye Nicholas and Beye Wendy L
Bought by
Ye Mary Anne Ward
Seller's Agent
Kim Carlson
Berkshire Hathaway HomeService
Buyer's Agent
Andrew Ashton
Berkshire Hathaway HomeService
List Price
$1,389,000
Sold Price
$1,220,000
Premium/Discount to List
-$169,000
-12.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%

Purchase Details

Closed on
Oct 5, 2005
Sold by
Beye Nicholas and Beye Wendy L
Bought by
Beye Nicholas and Beye Wendy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
5.63%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 12, 2003
Sold by
Beye Nicholas and Beye Wendy Lynn
Bought by
Beye Nicholas and Beye Wendy L

Purchase Details

Closed on
Sep 9, 1996
Sold by
Fisher Family Survivors Trust 09-28-87 and Fisher Family Residual Trust
Bought by
Beye Nicholas and Beye Wendy Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
8.11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 24, 1989
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
Katzelis William Dean $1,925,000 Chicago Title Company Sd
Wright Craig Alexander -- None Available
Pye Mary Anne Ward -- None Available
Ye Mary Anne Ward $1,220,000 California Title
Beye Nicholas -- Gateway Title
Beye Nicholas -- --
Beye Nicholas $114,000 First American Title Insuran
-- $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katzelis William Dean $325,000
Previous Owner Beye Nicholas $999,999
Previous Owner Beye Nicholas $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2021 07/27/21 Sold $1,925,000 -3.8% $344 / Sq Ft
07/18/2021 07/18/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $2,000,000 +63.9% $358 / Sq Ft
05/08/2013 05/08/13 Sold $1,220,000 -12.2% $218 / Sq Ft
04/08/2013 04/08/13 Pending -- -- --
12/01/2012 12/01/12 For Sale $1,389,000 -- $249 / 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 $21,413 $2,042,825 $955,087 $1,087,738
2024 $21,413 $2,002,770 $936,360 $1,066,410
2023 $20,738 $1,963,500 $918,000 $1,045,500
2022 $20,748 $1,925,000 $900,000 $1,025,000
2021 $14,747 $1,387,927 $455,058 $932,869
2020 $14,864 $1,373,696 $450,392 $923,304
2019 $14,571 $1,346,761 $441,561 $905,200
2018 $14,350 $1,320,354 $432,903 $887,451
2017 $14,067 $1,294,465 $424,415 $870,050
2016 $13,718 $1,269,085 $416,094 $852,991
2015 $13,493 $1,250,023 $409,844 $840,179
2014 $13,233 $1,225,538 $401,816 $823,722
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210013819

San Diego MLS

APN: 123-492-08