3950 Concordia Lane

3950 Concordia Lane has been categorized by the local assessors in Fallbrook, CA as a residential type of property. The building on the property was first built in 1989 and is 35 years old. The home has a total of 9 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3950 Concordia Lane has 4,676 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 74,052 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Mediterranean style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. According to our sources, there are a total of 3 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. The roof of the building is made of concrete. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. The property was last sold in Jan 19, 2024 for $1,660,000. That's $355.00 per sqft. Prior to that sales transaction, the property was also sold in Aug 7, 2012 for $795,000. 3950 Concordia Lane was last assessed in 2023. The total value of the property was assessed at $940,961. Specifically, the land the property is located on was valued at $241,852. While improvements on the property were assessed at a total of $699,109. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $9,940. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.