NOT LISTED FOR SALE

721 Elm Tree Ln Fallbrook, CA 92028

Estimated Value: $1,171,744 - $1,453,000

3 Beds
3 Baths
2,820 Sq Ft
$464/Sq Ft Est. Value

Last Sold April 30, 2015

Last sale price $609,000 $216 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $7,960/month

15 Days on Market

Highlights

  • 1.75 Acre Lot
  • Retreat
  • Home Office
  • Mountain View
  • Great Room
  • Covered Patio or Porch

About This Home

As of April 2015

Beautifully designed single level home with forever views! Enter down a private drive to your very own retreat. The Great Room provides a grand welcome and features beautiful tongue and groove cathedral ceilings, floor to ceiling windows and mountain and valley views beyond. Rich wood laminate flooring spans the majority of the home for easy care. Handsome brick fireplace is the center for family gatherings. Remodeled kitchen boasts luxurious slab granite counters, stainless steel sink..SEE SUPPLEMENT Neighborhoods: Olive Hill Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Septic Installed Topography: GSL

Last Agent to Sell the Property

Kim Carlson

Pueblo Bonito License #00968586 Listed on: 03/12/2015

Pueblo Bonito

Co-Listed By

Ken Follis

Compass License #00799622

Last Buyer's Agent

Katharine Ludin

Cathe' Properties License #00400059

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,556

Year Built

  • Built in 1987

Lot Details

  • 1.75 Acre Lot
  • Partially Fenced Property
  • Property is zoned R1

Parking

  • 4 Open Parking Spaces
  • 3 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Stucco

Interior Spaces

  • 2,820 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Home Office
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 1230105700

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,556

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1230105700
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2820.00
  • Stories: 1
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 215.96
  • Room Type: Main Floor Bedroom, Family Room, Great Room, Retreat, Main Floor Master Bedroom, Office

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Partial
  • Patio And Porch Features: Brick, Covered
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave
  • Heating Type: Natural Gas, Forced Air
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 76230.00
  • Lot Size Acres: 1.7500

Multi Family

  • Lot Size Area: 76230.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

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
Current Estimated Value
$1,307,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$698,936
Avg. Annual Appreciation
7.57%
Original Mortgage
$487,200
Outstanding Balance
$374,919
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$933,017

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
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 Buyer Sale Price Title Company
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 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
04/30/2015 04/30/15 Sold $609,000 0.0% $216 / Sq Ft
03/27/2015 03/27/15 Pending -- -- --
03/12/2015 03/12/15 For Sale $609,000 -- $216 / 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 $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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 150013975

California Regional Multiple Listing Service (CRMLS)

APN: 123-010-57