NOT LISTED FOR SALE

981 Paseo Del Lago Fallbrook, CA 92028

Estimated Value: $735,000 - $1,305,000

4 Beds
5 Baths
4,104 Sq Ft
$230/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $510,000 $124 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,402/month

17 Days on Market

Highlights

  • 3 Acre Lot
  • Maid or Guest Quarters
  • Property Near a Canyon
  • La Paloma Elementary School Rated 9+
  • Fireplace in Primary Bedroom
  • Main Floor Bedroom

About This Home

As of August 2021

Beautiful and private home on 3 acres of land in Fallbrook***Spacious floor plan with vaulted ceilings***Enjoy your morning coffee from the huge balcony overlooking the green outdoors***Open kitchen with tons of windows bringing in great natural light***Large bedrooms each with their own unique characteristics***Dual Master bedrooms on second floor, both with a cozy fireplace and ensuite bathrooms with large soaking tubs***Sizable secondary bedroom with great built-in storage***Third level of the home is a private bedroom with barn door closet and large ensuite bathroom***Huge walk-out basement/rec room, perfect for a home theatre or entertainment space***Serene land with tons of beautiful greenery including old growth oak trees and a pond***The home has code violations with the County and is not able to be occupied as a result. It is built partially over a sewer easement and not within setback boundaries on the back side of the lot.

Last Agent to Sell the Property

Andrew Taylor

eXp Realty of California, Inc. License #01397403 Listed on: 06/16/2021

eXp Realty of California, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 3 Acre Lot
  • Property Near a Canyon
  • Property is zoned R-1:SINGLE

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,104 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Home Office
  • Bonus Room
  • Finished Attic
  • Breakfast Area or Nook
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Separate Water Meter
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number 123-230-66-00

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: North County
  • Cross Street: S Mission Road
  • Neighborhood: Fallbrook
  • LP / Sq Ft: 121.59
  • Price Per Sq Ft: 124.27
  • SP/ Sq Ft: 124.27
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 1968
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 2
  • Fireplace: Fp In Family Room, Fp In Master Br
  • Searchable Rooms: Bedroom Entry Level, Bonus Room, Breakfast Area, Den, Dining Area, Family Room, Finished Attic, Formal Entry, Guest Maid, Master Bedroom
  • Total Bedrooms: 4
  • Bedrooms: 4
  • Master Bedroom Dimensions: 20x15
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 4104
  • Total Bathrooms: 5

Exterior Features

  • Exterior Material: Wood/Stucco
  • Roof: Composition

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Parking Spaces Total: 4

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Available
  • Water: Meter on Property
  • Water Heater Type: Propane
  • Heating: Forced Air Unit
  • Heating Fuel: Propane

Condo/Co-op/Association

  • Community: FALLBROOK

Lot Info

  • Lot Size: 2+ to 4 AC
  • Topography: Canyon/Valley
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 123-230-66-00
  • Estimated Lot Sq Ft: 130680
  • Estimated Number of Acres: 3.0
  • Map Code Column: H
  • Map Code Page: 1047
  • Map Code Row: 3

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Jul 15, 2021
Sold by
Kelso Harry W and Kelso Kori L
Bought by
Anderson Denise and The Denise Anderson Living Tru
Seller's Agent
Andrew Taylor
eXp Realty of California, Inc.
List Price
$499,000
Sold Price
$510,000
Premium/Discount to List
$11,000
2.2%
Current Estimated Value
$942,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,620
Avg. Annual Appreciation
15.28%

Purchase Details

Closed on
May 24, 2010
Sold by
Citibank Na
Bought by
Kelso Harry W

Purchase Details

Closed on
Dec 22, 2008
Sold by
Krum Kyle and Krum Katherine E
Bought by
Citibank Na

Purchase Details

Closed on
Apr 23, 2007
Sold by
Krum Kyle and Krum Katherine E
Bought by
De Canter Llc

Purchase Details

Closed on
Sep 23, 2004
Sold by
Skifstrom Donald N and Skifstrom Anne Shirley
Bought by
Krum Kyle and Krum Katherine E

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
5.53%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 22, 1988
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Anderson Denise $510,000 Fidelity Natl Ttl San Diego
Kelso Harry W $151,000 Clear Title Agency
Kelso Harry W -- Stewart
Citibank Na $881,516 National Title Ins Co Of Ny
De Canter Llc -- Accommodation
Krum Kyle $390,000 Chicago Title Co
-- $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krum Kyle $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $510,000 +2.2% $124 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $499,000 -- $122 / Sq Ft
Source: San Diego MLS

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 $5,739 $541,213 $430,109 $111,104
2024 $5,739 $530,602 $421,676 $108,926
2023 $5,598 $520,199 $413,408 $106,791
2022 $5,600 $510,000 $405,302 $104,698
2021 $2,016 $180,062 $143,097 $36,965
2020 $2,032 $178,216 $141,630 $36,586
2019 $1,993 $174,722 $138,853 $35,869
2018 $1,963 $171,297 $136,131 $35,166
2017 $1,926 $167,939 $133,462 $34,477
2016 $1,879 $164,647 $130,846 $33,801
2015 $1,850 $162,175 $128,881 $33,294
2014 $1,818 $158,999 $126,357 $32,642
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210016588

San Diego MLS

APN: 123-230-66