$410,000
SOLD FEB 7, 2024

5132 Creek Oak Dr Fallbrook, CA 92028

2.9 Acres
$141,379 Price per Acre
126,324 Sq Ft Lot

Recently Sold

15% Below List Price

100 Days on Market

Highlights

  • 2.9 Acre Lot
  • Wooded Lot
  • Cul-De-Sac
  • Creek or Stream View
  • No HOA
  • Horse Trails

About This Lot

As of February 2024

LAST ONE of 9 lots remaining for sale. Won't last long. This Hill Ranch community of properties are some of the last luxury sites containing large, mostly flat, gentle slope, usable, with views, close proximity to towns, rural, private and quite. This cul-de-sac property has been graded with a large pad and ready to build. Seasonal creek runs along edge of property. Wood post split-rail fencing in place on most of the perimeter of the property. Septic system have been installed. Water meter and electric are installed at the street. Fire Hydrant installed. 60+ producing orange trees with active functional sprinkler system. Property corners are marked. This a Contractors dream site for a custom built home. CCR's require a minimum 3000sqft home and 3 car garage. Finish design is up to you. Local contractor estimate was $300sqft. Spend $1.2M-$1.6M in construction, this property would have current market value of $3M and up. Bonsall school district.
Private community with security gate at the entrance. Code required for access. Driveway has been graded. ADU, large or small, can be added to this property. There is a road maintenance agreement for the community. No HOA here. No manufactured homes allow.

Last Agent to Sell the Property

Chad Tapscott

SimpliHOM License #02113636 Listed on: 09/30/2023

SimpliHOM

Last Buyer's Agent

Chad Tapscott

SimpliHOM License #02113636 Listed on: 09/30/2023

SimpliHOM

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,094

Lot Details

  • 2.9 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Rural Setting
  • Split Rail Fence
  • Wood Fence
  • Corners Of The Lot Have Been Marked
  • Irregular Lot
  • Gentle Sloping Lot
  • Sprinkler System
  • Wooded Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned RR, R-1:SINGLE FAM-RES

Property Views

  • Creek or Stream
  • Mountain
  • Hills

Additional Features

  • Agricultural
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 32
  • Tax Tract Number 14556
  • Assessor Parcel Number 1212213300
  • $97 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Fallbrook Subdivision
  • Mountainous Community

Recreation

  • Horse Trails

Property Details

Property Type

Land

Est. Annual Taxes

$4,094

Lot Details

0

Listing Details

  • Improvements: Graded, pad, septic installed, water meter, electric and fire hydrant
  • Other Phone Description: 7149054444
  • Other Phone Number: 7149054444
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved, Privately Maintained
  • Subdivision Name Other: Hill Ranch
  • Survey: Corners Marked
  • View: Yes
  • Zoning: RR
  • Zoning Description: R-1:SINGLE FAM-RES
  • Property Type: Land
  • Parcel Number: 1212213300
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 3.25

Exterior Features

  • View: Creek/Stream, Hills, Mountain(s)
  • Fencing: Split Rail, Wood
  • Trees: 60+ orange

Utilities

  • Utilities: Electricity Available, Water Connected
  • Electric: Electricity - On Property
  • Sewer: Conventional Septic
  • Water Source: Public
  • Water Well: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails, Mountainous, Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Agricultural - Tree/Orchard, Corners Marked, Cul-De-Sac, Gentle Sloping, Lot 10000-19999 Sqft, Irregular Lot, Sprinkler System, Treed Lot
  • Lot Size Sq Ft: 126324.00
  • Lot Size Acres: 2.9000

Multi Family

  • Lot Size Area: 126324.0000 Square Feet

Tax Info

  • Tax Census Tract: 186.19
  • Tax Lot: 32
  • Tax Rate: 1.00
  • Tax Tract Number: 14556
  • Tax Year: 2022
  • TaxOtherAnnualAssessmentAmount: 97.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2023
Closed on
Jan 26, 2024
Sold by
Breton Noel
Bought by
Garrett Brett and Garrett Ashley
Seller's Agent
Chad Tapscott
SimpliHOM
Buyer's Agent
Chad Tapscott
SimpliHOM
List Price
$484,990
Sold Price
$410,000
Premium/Discount to List
-$74,990
-15.46%
Views
130
Current Estimated Value
$486,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,775
Avg. Annual Appreciation
8.84%

Purchase Details

Listed on
Apr 30, 2022
Closed on
Oct 18, 2022
Sold by
Breton Todd
Bought by
Frohman Noel
Seller's Agent
Reid Chambers
Realty ONE Group Pacific
Buyer's Agent
Reid Chambers
Realty ONE Group Pacific
List Price
$535,000
Sold Price
$375,000
Premium/Discount to List
-$160,000
-29.91%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$160,000
Interest Rate
1.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2022
Closed on
Sep 22, 2022
Sold by
Chambers Reid
Bought by
Frohman Noel
Seller's Agent
Reid Chambers
Realty ONE Group Pacific
Buyer's Agent
Reid Chambers
Realty ONE Group Pacific
List Price
$535,000
Sold Price
$375,000
Premium/Discount to List
-$160,000
-29.91%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
1.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2021
Sold by
Stone Kelsey M
Bought by
Chambers Reid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 27, 2021
Sold by
Jwk Holdings Inc
Bought by
Chambers Reid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 5, 2018
Sold by
Penbrook Investment Properties Llc
Bought by
Jwk Holdings Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Grant Deed $410,000 Wfg National Title Company
Deed -- Ticor Title
Grant Deed $375,000 Ticor Title
Interfamily Deed Transfer -- Ticor Title Sd Branch
Grant Deed $375,000 Ticor Title Sd Branch
Grant Deed $242,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $160,000 New Conventional
Previous Owner $300,000 Commercial
Previous Owner $20,880,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2024 02/07/24 Sold $410,000 -15.5% --
01/08/2024 01/08/24 Pending -- -- --
09/30/2023 09/30/23 For Sale $484,990 +29.3% --
10/25/2022 10/25/22 Sold $375,000 -6.0% --
09/12/2022 09/12/22 Pending -- -- --
07/15/2022 07/15/22 Price Changed $399,000 -11.1% --
07/05/2022 07/05/22 Price Changed $449,000 -10.0% --
06/19/2022 06/19/22 Price Changed $499,000 -6.7% --
04/30/2022 04/30/22 For Sale $535,000 -- --
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
2024 $4,094 $382,500 $382,500 --
2023 $4,006 $375,000 $375,000 $0
2022 $4,016 $375,000 $375,000 $0
2021 $3,658 $340,087 $340,087 $0
2020 $3,629 $336,600 $336,600 $0
2019 $3,562 $330,000 $330,000 $0
2018 $4,852 $441,558 $441,558 $0
2017 $4,758 $432,900 $432,900 $0
2016 $4,649 $424,412 $424,412 $0
2015 $4,578 $418,037 $418,037 $0
2014 $4,487 $409,849 $409,849 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW23182820

California Regional Multiple Listing Service (CRMLS)

APN: 121-221-33