NOT LISTED FOR SALE

5649 Jubilee Dr Fallbrook, CA 92028

Estimated Value: $813,095 - $999,000

3 Beds
2 Baths
1,485 Sq Ft
$609/Sq Ft Est. Value

Last Sold August 19, 2021

Last sale price $690,000 $465 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,368/month

26 Days on Market

Highlights

  • Spa
  • Wood Flooring
  • Covered Patio or Porch
  • Pond View
  • No HOA
  • Gazebo

About This Home

As of August 2021

Hidden Gem! 3.9 gentle acres tucked away in the Rainbow community of Fallbrook offers a beautiful lily pond supplied by well water, 1,485 square foot 3-bedroom 2-bath single story home with wood floors, ceiling fans, A/C, fireplace and large covered deck overlooking the grounds and pond. Detached 24 x 30 structure currently utilized as an office with tile floors, bathroom, partial kitchenette and an attached enclosed porch with spa. Covered carport and an abundance of extra parking on the property. Gated, fully fenced and the landscaping is irrigated by well water. One inch meter supplies water for the home via Rainbow Municipal Water District. There are 3 wells (one well is low volume & not being used) on the property. Two big metal storage units with roll up doors, two utility sheds, 12 x 8 greenhouse, several animal enclosures including a covered kennel with concrete pads and water and a grand gazebo to soak it all in! Great rural atmosphere vibe and only a short distance from old HWY 395 & I-15. See MLS “Associated Docs” for amenities list and other info. APN 102-430-17-00. Bring your horses "Animal designator L" all 3.9 acres are gentle enough for your potential horse ranch.

Last Agent to Sell the Property

Ralph Foster

Tripoint Financial Inc. License #00856341 Listed on: 06/16/2021

Co-Listed By

Rodney Hughes

HomeSmart Realty West License #01944129

Last Buyer's Agent

Jeffrey Walker

Rise Realty License #02022859

Rise Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 3.9 Acre Lot
  • Rural Setting
  • Kennel
  • Chain Link Fence
  • Gentle Sloping Lot
  • Property is zoned A-70

Home Design

  • Flat Roof Shape
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,485 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Pond Views
  • Home Security System

Kitchen

  • Gas Range
  • Microwave
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Carport
  • Parking Available
  • Driveway
  • RV Potential

Outdoor Features

  • Spa
  • Covered Patio or Porch
  • Gazebo
  • Shed
  • Outbuilding

Schools

  • Fallbrook Elementary School
  • Fallbrook High School

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Propane
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Tract Number 17
  • Assessor Parcel Number 1024301700

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Security System
  • View: Yes
  • Zoning: A-70
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1024301700
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1485.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room, In Living Room
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 464.65
  • Room Type: Master Bedroom
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Gazebo, Outbuilding, Shed(s)
  • Exterior Features: Kennel
  • View: Pond
  • Fence: Yes
  • Fencing: Chain Link
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Roof: Composition, Flat
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Parking: Yes
  • Parking Features: Carport, Driveway, RV Potential
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 10.00

Utilities

  • Utilities: Propane, Electricity Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Microwave
  • Heating Type: Fireplace(s), Heat Pump
  • Laundry Features: Electric Dryer Hookup, Individual Room
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Heat Pump
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Schools

  • Elementary School: Fallbrook
  • High School: Fallbrook
  • Elementary School #2: FALLBR
  • High School2: FALLBR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Gentle Sloping
  • Lot Size Sq Ft: 169884.00
  • Lot Size Acres: 3.9000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3.9000 Acres
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2022
Sold by
Chen Wenn S and Chen Esther Y
Bought by
Chen Family Trust
Current Estimated Value
$903,774

Purchase Details

Listed on
Jun 16, 2021
Closed on
Jul 13, 2021
Sold by
Tsai Huei Hong and Tsai Jane
Bought by
Chen Wenn S and Chen Esther Elsie
Seller's Agent
Ralph Foster
Tripoint Financial Inc.
Buyer's Agent
Jeffrey Walker
Rise Realty
List Price
$745,000
Sold Price
$690,000
Premium/Discount to List
-$55,000
-7.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Original Mortgage
$483,000
Interest Rate
2.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 1993
Bought by
Tsai Huei-Hong Jane

Purchase Details

Closed on
Feb 17, 1993
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
Chen Family Trust -- Law Offices Of Edward C Ip & A
Chen Wenn S $690,000 Corinthian Title Company
Tsai Huei-Hong Jane $105,000 --
-- $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Wenn S $483,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2021 08/19/21 Sold $690,000 -7.4% $465 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $745,000 -- $502 / 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 $7,601 $732,233 $583,664 $148,569
2024 $7,601 $717,876 $572,220 $145,656
2023 $7,419 $703,800 $561,000 $142,800
2022 $7,316 $168,140 $88,076 $80,064
2021 $1,873 $168,140 $88,076 $80,064
2020 $1,881 $166,417 $87,173 $79,244
2019 $1,847 $163,155 $85,464 $77,691
2018 $1,818 $159,957 $83,789 $76,168
2017 $1,784 $156,822 $82,147 $74,675
2016 $1,743 $153,748 $80,537 $73,211
2015 $1,718 $151,440 $79,328 $72,112
2014 $1,684 $148,475 $77,775 $70,700
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Ralph Foster

    Tripoint Financial Inc.

    Section Image

  • R

    Seller Co-Listing Agent in 2021

    Rodney Hughes

    HomeSmart Realty West

    Section Image

  • J

    Buyer's Agent in 2021

    Jeffrey Walker

    Rise Realty

    (949) 903-3731

    18 Total Sales

    Jeffrey Walker
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2106956

California Regional Multiple Listing Service (CRMLS)

APN: 102-430-17

California San Diego County Fallbrook 92028

5649 Jubilee Dr, Fallbrook, CA

Not Listed for Sale

Detached

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