B
Seller's Agent in 2022
Bob Young
Mission Capital Real Estate
(760) 707-8524
3 in this area
11 Total Sales
721 Elm Tree Ln Fallbrook, CA 92028
Estimated Value: $1,155,000 - $1,413,000
3
Beds
3
Baths
2,820
Sq Ft
$450/Sq Ft
Est. Value
Highlights
- Spa
- 76,230 Sq Ft lot
- Double Self-Cleaning Oven
- Panoramic View
- Great Room
- 3 Car Attached Garage
About This Home
As of April 2022Views galore from this beautifully upgraded single story professionally designed home. Located on a private road in sought after Olive Hill Neighborhood. All new Stainless appliances, quartz countertops and gorgeous tiled backsplash, New washer & dryer, Mudroom, Led Ceiling recessed lighting, upgraded wiring, built in charging ports for electronic devices. This move in ready home won't disappoint, with floor to ceiling windows, and gorgeous roll up blinds, open kitchen, large wood beam cathedral ceiling in family room, perfect for entertaining. Huge 3 car completely drywalled garage with attic storage, also RV parking with Cleanouts . Drought tolerant landscaping w/ well placed garden that has lots of sunshine and year round growth. Beautiful fenced in backyard with brick pavers, outdoor lighting, shaded patio cover. Take in the views while sitting in your Hot Jacuzzi, sipping on your favorite beverage. Endless ideas with what you can do with all the land, ADU, vineyard, grove . Serene and secluded, yet close to downtown Fallbrook .
Last Agent to Sell the Property
Mission Capital Real Estate License #02057513 Listed on: 02/25/2022
Home Details
Home Type
- Single Family
Year Built
- Built in 1987 | Remodeled
Lot Details
- 1.75 Acre Lot
- Chain Link Fence
- Sprinkler System
- Property is zoned [R-1:SINGL
Parking
- 3 Car Attached Garage
- Two Garage Doors
- Garage Door Opener
Property Views
- Panoramic
- Woods
- Mountain
Home Design
- Barrel Roof Shape
- Stucco
Interior Spaces
- 3 Bedrooms
- 2,820 Sq Ft Home
- 1-Story Property
- Gas Fireplace
- Awning
- Family Room with Fireplace
- Great Room
Kitchen
- Double Self-Cleaning Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Disposal
Laundry
- Laundry Room
- Gas Dryer Hookup
Outdoor Features
- Spa
- Open Patio
- Shed
Farming
- Machine Shed
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Gas Water Heater
Community Details
- Fallbrook Subdivision
- The community has rules related to covenants, conditions, and restrictions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 25, 2022
Closed on
Mar 22, 2022
Sold by
Torrez Nolan and Torrez Kalina
Bought by
Newlin Christopher and Newlin Tiffany
Seller's Agent
Bob Young
Mission Capital Real Estate
Buyer's Agent
Melissa Storer
Compass
List Price
$999,000
Sold Price
$1,125,000
Premium/Discount to List
$126,000
12.61%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,401
Avg. Annual Appreciation
3.34%
Original Mortgage
$843,750
Outstanding Balance
$774,879
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$495,522
Purchase Details
Listed on
Mar 12, 2015
Closed on
Apr 1, 2015
Sold by
Metcalf William R and Metcalf Dorothy E
Bought by
Torrez Nolan and Torrez Kalina
Seller's Agent
Kim Carlson
Pueblo Bonito
Buyer's Agent
Katharine Ludin
Cathe' Properties
List Price
$609,000
Sold Price
$609,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%
Original Mortgage
$487,200
Interest Rate
3.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 18, 2013
Sold by
Metcalf William R and Metcalf Dorothy E
Bought by
Metcalf Willam R and Metcalf Dorothy E
Purchase Details
Closed on
Sep 30, 2003
Sold by
Carpenter George E and Carpenter Barbara A
Bought by
Metcalf William R and Metcalf Dorothy E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
6.27%
Mortgage Type
Unknown
Purchase Details
Closed on
May 3, 1988
Purchase Details
Closed on
Dec 31, 1986
Purchase Details
Closed on
Nov 21, 1985
Purchase Details
Closed on
Apr 21, 1983
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Newlin Christopher | $1,125,000 | Lawyers Title | |
| Torrez Nolan | $609,000 | Fidelity National Title | |
| Metcalf Willam R | -- | None Available | |
| Metcalf William R | $575,000 | Chicago Title Co | |
| -- | $282,000 | -- | |
| -- | $240,000 | -- | |
| -- | $52,000 | -- | |
| -- | $47,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Newlin Christopher | $843,750 | |
| Previous Owner | Torrez Nolan | $487,200 | |
| Previous Owner | Metcalf William R | $322,700 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/10/2025 09/10/25 | Off Market | $1,125,000 | -- | -- | |
| 04/11/2022 04/11/22 | Sold | $1,125,000 | +12.6% | $399 / Sq Ft | |
| 03/10/2022 03/10/22 | Pending | -- | -- | -- | |
| 03/02/2022 03/02/22 | For Sale | $999,000 | +64.0% | $354 / Sq Ft | |
| 04/30/2015 04/30/15 | Sold | $609,000 | 0.0% | $216 / Sq Ft | View Prior Sale |
| 03/27/2015 03/27/15 | Pending | -- | -- | -- | |
| 03/12/2015 03/12/15 | For Sale | $609,000 | -- | $216 / Sq Ft |
Source: San Diego MLS
Tax History Compared to Growth
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 | $12,556 | $1,193,858 | $742,845 | $451,013 |
| 2024 | $12,556 | $1,170,450 | $728,280 | $442,170 |
| 2023 | $11,428 | $1,076,000 | $669,000 | $407,000 |
| 2022 | $7,423 | $689,706 | $269,207 | $420,499 |
| 2021 | $7,172 | $676,183 | $263,929 | $412,254 |
| 2020 | $7,227 | $669,250 | $261,223 | $408,027 |
| 2019 | $7,082 | $656,128 | $256,101 | $400,027 |
| 2018 | $6,974 | $643,264 | $251,080 | $392,184 |
| 2017 | $750 | $630,652 | $246,157 | $384,495 |
| 2016 | $6,665 | $618,287 | $241,331 | $376,956 |
| 2015 | $6,677 | $620,000 | $242,000 | $378,000 |
| 2014 | -- | $540,000 | $211,000 | $329,000 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Young
-
Melissa Storer
Buyer's Agent in 2022
Melissa Storer
Compass
(760) 805-1220
7 in this area
76 Total Sales
-
K
Seller's Agent in 2015
Kim Carlson
Pueblo Bonito
-
Ken Follis
Seller Co-Listing Agent in 2015
Ken Follis
Compass
(760) 803-6235
79 in this area
118 Total Sales
-
K
Buyer's Agent in 2015
Katharine Ludin
Cathe' Properties
-
D
Buyer's Agent in 2015
Diane Peacock
Realty ONE Group Pacific
Map
Source: San Diego MLS
MLS Number: SDC0000313
APN: 123-010-57
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