NOT LISTED FOR SALE

5038 Lake Circle Rd Fallbrook, CA 92028

Estimated Value: $858,221 - $1,029,000

4 Beds
2.5 Baths
2,254 Sq Ft
$401/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $716,000 $318 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,487/month

1 Day on Market

Highlights

  • View of Hills
  • Private Yard
  • Hiking Trails
  • Granite Countertops
  • Covered Patio or Porch
  • 2 Car Direct Access Garage

About This Home

As of August 2021

Charming Rancho Viejo home nestled in the foothills of Fallbrook. This beautiful abode features 4 spacious bedrooms, 2.5 bathrooms, at 2,245 square feet. The grand entry opens to a large living area and formal dining area - a space perfect for gatherings. You are then lead to the kitchen which was recently remodeled. It is complete with under cabinet lighting, custom backsplash, pantry with roll-out drawers, granite countertops, and custom cabinetry. The kitchen opens to the family room, which has another sliding glass door for backyard access and a cozy fireplace. Upstairs, each of the bedrooms are generously sized with ample closet space and natural light. The oversized master suite enjoys views of the hill and yard. The master bathroom features a walk-in shower, soaking tub, His & Hers closets, and dual sinks. Enjoy the summer nights by hosting friends and family in this amazing backyard getaway. There is a built-in BBQ with barstool seating, a newer patio cover, and a firepit. The side yard has enough space to add a vegetable garden or dog run. This home enjoys easy access to the 15 freeway & Highway 76 - enjoy easy commutes to work & school. This one will sell fast! Check it out today.

Last Agent to Sell the Property

Destry Johnson

BHHS Ranch & Coast Real Estate License #01136700 Listed on: 07/04/2021

BHHS Ranch & Coast Real Estate

Last Buyer's Agent

Naomi Iwasaki

Coldwell Banker Realty License #01083801

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,756

Year Built

  • Built in 2001

Lot Details

  • 4,792 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Property is zoned R1

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Patio Home
  • Entry on the 1st floor
  • Turnkey
  • Planned Development
  • Slate Roof

Interior Spaces

  • 2,254 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Views of Hills
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Whole House Fan
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 12710
  • Assessor Parcel Number 1252612200

Community Details

Overview

  • Rancho Viejo Master Association, Phone Number (760) 431-2522
  • Secondary HOA Phone (800) 428-5588
  • First Service Residential HOA
  • Foothills

Recreation

  • Hiking Trails
  • Bike Trail

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,756

Year Built

Built in 2001

Lot Details

0

HOA Fees

$71 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Smoke Detector(s)
  • View: Yes
  • Zoning: R1
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1252612200
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2254.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Granite Counters, Pantry
  • Entry Location: front
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, In Living Room
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 317.66
  • Room Type: All Bedrooms Up, Entry, Family Room, Kitchen, Laundry, Living Room, Walk-In Closet
  • Window Features: Blinds
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Master Bath, Exhaust Fan(s), Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Hills
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Concrete, Covered, Patio
  • Pool Private: No
  • Roof: Slate
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, Garage Faces Front
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Microwave
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Whole House Fan
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules, Management
  • Association Fee: 70.50
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Viejo Master
  • Phone: 760-431-2522
  • Association Phone #2: 800.428.5588
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Curbs, Foothills, Hiking, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: First Service Residential

Schools

  • School District: Fallbrook Union

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Front Yard, Lawn, Level, Patio Home, Yard
  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4792.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 191.01
  • Tax Lot: 22
  • Tax Tract Number: 12710

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2021
Closed on
Jul 12, 2021
Sold by
Gaddis Mary and Mary Gaddis Trust
Bought by
Dhawan Ashish and Dhawan Athena
Seller's Agent
Destry Johnson
BHHS Ranch & Coast Real Estate
Buyer's Agent
Naomi Iwasaki
Coldwell Banker Realty
List Price
$695,000
Sold Price
$716,000
Premium/Discount to List
$21,000
3.02%
Current Estimated Value
$903,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,305
Avg. Annual Appreciation
5.10%
Original Mortgage
$548,000
Outstanding Balance
$500,105
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$379,479

Purchase Details

Closed on
Aug 17, 2011
Sold by
Gaddis Mary
Bought by
Gaddis Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2010
Sold by
Gaddis Mary
Bought by
Gaddis Mary

Purchase Details

Closed on
Nov 17, 2003
Sold by
Sanchez Jon Paul
Bought by
Gaddis Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2002
Sold by
Sanchez Melony
Bought by
Sanchez Jon Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.71%

Purchase Details

Closed on
Feb 21, 2001
Sold by
Kb Home Coastal Inc
Bought by
Sanchez Jon Paul and Sanchez Melony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,838
Interest Rate
7.06%
Mortgage Type
FHA
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
Dhawan Ashish $716,000 First American Title Company
Gaddis Mary -- Accommodation
Gaddis Mary -- Ticor Title Company
Gaddis Mary -- None Available
Gaddis Mary $396,500 Southland Title
Sanchez Jon Paul -- Southland Title Company
Sanchez Jon Paul $248,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dhawan Ashish $548,000
Previous Owner Gaddis Mary $210,000
Previous Owner Gaddis Mary $263,000
Previous Owner Sanchez Jon Paul $245,000
Previous Owner Sanchez Jon Paul $242,838
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2021 08/05/21 Sold $716,000 0.0% $318 / Sq Ft
07/06/2021 07/06/21 Price Changed $716,000 +3.0% $318 / Sq Ft
07/04/2021 07/04/21 For Sale $695,000 -- $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 $7,756 $759,823 $364,561 $395,262
2024 $7,756 $744,925 $357,413 $387,512
2023 $7,584 $730,319 $350,405 $379,914
2022 $7,454 $716,000 $343,535 $372,465
2021 $5,422 $520,130 $249,557 $270,573
2020 $5,381 $514,798 $246,999 $267,799
2019 $5,282 $504,705 $242,156 $262,549
2018 $5,308 $494,809 $237,408 $257,401
2017 $572 $470,000 $220,000 $250,000
2016 $4,751 $445,000 $209,000 $236,000
2015 $4,366 $410,000 $193,000 $217,000
2014 $3,936 $370,000 $175,000 $195,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21142149

California Regional Multiple Listing Service (CRMLS)

APN: 125-261-22