NOT LISTED FOR SALE

8 Saddle Creek Rd Fallbrook, CA 92028

Estimated Value: $1,881,351 - $2,318,000

6 Beds
6 Baths
5,727 Sq Ft
$363/Sq Ft Est. Value

Last Sold December 13, 2021

Last sale price $1,383,330 $242 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $12,801/month

13 Days on Market

Highlights

  • Horse Property
  • Mountain View
  • Clubhouse
  • 2.5 Acre Lot
  • Community Lake
  • Fireplace in Primary Bedroom

About This Home

As of December 2021

Spectacular Rustic Farmhouse located in the highly desirable community of Rolling Hills Estates in Fallbrook!!!! This custom built property sits on 2.5 acres and features 5 bedrooms and 5 bathrooms in the main house plus an additional guest quarters with a bedroom and bathroom. Once you enter you will immediately notice the vaulted ceilings which really open up the home, hardwood flooring, custom butcher block and corian counters, and even a pizza oven in your kitchen!! The master bedroom is very private and has it's own wing in the house. The lot features a 2 horse barn, 2 paddocks, and a pasture/arena area. Rolling Hills Estates provides guard gated entry, private lake, tennis courts, clubhouse, and so much more. Rural feel yet close to shopping and freeway access.

Last Agent to Sell the Property

Chris Heller

eXp Realty of Southern CA License #00851991 Listed on: 10/08/2021

eXp Realty of Southern CA

Co-Listed By

Steve DonVito

DonVito Realty License #01787070

Last Buyer's Agent

Michelle Scolaro

Seven Gables Real Estate License #01394504

Seven Gables Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,697

Year Built

  • Built in 1982

Lot Details

  • 2.5

HOA Fees

  • $460 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 20 Open Parking Spaces

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 5,727 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms | 5 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • 6 Full Bathrooms

Utilities

  • Central Air
  • Conventional Septic

Additional Features

  • Horse Property
  • 2.5 Acre Lot
  • Horse Property Improved

Listing and Financial Details

  • Tax Tract Number 7734
  • Assessor Parcel Number 1234302200

Community Details

Overview

  • Rolling Hills Estates Association, Phone Number (951) 296-5640
  • Community Lake

Amenities

  • Clubhouse
  • Banquet Facilities

Recreation

  • Tennis Courts
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Security

  • Security Guard
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,697

Year Built

Built in 1982

Lot Details

0

HOA Fees

$460 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: Residential
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1234302200
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5727.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Total Bedrooms: 6
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 241.55

Exterior Features

  • View: Mountain(s), Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 23.00
  • Uncovered Spaces: 20.00

Utilities

  • Sprinklers: No
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Banquet Facilities, Clubhouse, Controlled Access, Guard, Horse Trails, Lake or Pond, Tennis Court(s)
  • Association Fee: 460.00
  • Association Fee Frequency: Monthly
  • Association Name: Rolling Hills Estates
  • Phone: 9512965640
  • Senior Community: No
  • Community Features: Horse Trails, Biking, Hiking, Lake

Schools

  • School District: Fallbrook Union

Lot Info

  • Land Lease: No
  • Lot Features: Horse Property, Horse Property Improved, Lot Over 40000 Sqft
  • Lot Size Sq Ft: 108900.00
  • Lot Size Acres: 2.5000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2.5000 Acres
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: 7734

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Nov 1, 2021
Sold by
Reynolds Louis H and Reynolds Louis H
Bought by
Pourzanjani Omid A and Pourzanjani Patricia L
Seller's Agent
Chris Heller
eXp Realty of Southern CA
Buyer's Agent
Michelle Scolaro
Seven Gables Real Estate
List Price
$1,400,000
Sold Price
$1,383,330
Premium/Discount to List
-$16,670
-1.19%
Current Estimated Value
$2,081,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$697,758
Avg. Annual Appreciation
10.14%
Original Mortgage
$691,665
Outstanding Balance
$637,705
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$1,359,349

Purchase Details

Closed on
Mar 31, 1999
Sold by
Babineau Rick and Babineau Cara Mia
Bought by
Reynolds Louis H and Reynolds Cammie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.87%

Purchase Details

Closed on
Jul 1, 1998
Sold by
Babineau Rck
Bought by
Babineau Rick and Babineau Cara Mia

Purchase Details

Closed on
May 7, 1998
Sold by
Fristoe Charles T and Fristoe Ruby I
Bought by
Babineau Rick

Purchase Details

Closed on
May 5, 1998
Sold by
Babineau Cara Mia
Bought by
Babineau Rick

Purchase Details

Closed on
Dec 21, 1993
Sold by
Fristoe Charles T and Fristoe Ione
Bought by
Fristoe Charles T and Fristoe Ruby I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.2%

Purchase Details

Closed on
Nov 8, 1993
Sold by
Izzo Joseph E and Izzo Zita A
Bought by
Fristoe Charles and Fristoe Ione

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.2%

Purchase Details

Closed on
May 31, 1984
Source: Public Records

Range of Values:

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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
Pourzanjani Omid A $1,383,500 Fidelity Natl Ttl San Diego
Reynolds Louis H $650,000 First American Title
Babineau Rick -- --
Babineau Rick $575,000 First American Title
Babineau Rick -- First American Title
Fristoe Charles T -- --
Fristoe Charles $530,000 Continental Lawyers Title
-- $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pourzanjani Omid A $691,665
Previous Owner Reynolds Louis H $520,000
Previous Owner Fristoe Charles $350,000
Closed Fristoe Charles $60,000
Closed Reynolds Louis H $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2021 12/13/21 Sold $1,383,330 -1.2% $242 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $1,400,000 -- $244 / 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 $15,697 $1,488,806 $753,249 $735,557
2024 $15,697 $1,459,615 $738,480 $721,135
2023 $15,205 $1,383,330 $700,000 $683,330
2022 $15,001 $1,383,330 $700,000 $683,330
2021 $14,359 $1,349,888 $223,555 $1,126,333
2020 $14,473 $1,336,047 $221,263 $1,114,784
2019 $14,188 $1,309,851 $216,925 $1,092,926
2018 $13,973 $1,284,169 $212,672 $1,071,497
2017 $751 $1,258,990 $208,502 $1,050,488
2016 $13,358 $1,234,305 $204,414 $1,029,891
2015 $13,139 $1,215,766 $201,344 $1,014,422
2014 $12,887 $1,191,951 $197,400 $994,551
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2111543

California Regional Multiple Listing Service (CRMLS)

APN: 123-430-22