721 Elm Tree Ln
Fallbrook, CA 92028
3 bd 3 ba 2,820 sqft Built 1987 Lot 76,230 sqft single_family
Most recent sale
$1,125,000
Apr 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 11, 2022 | Sold | $1,125,000 | MLS #SDC0000313 |
| Feb 25, 2022 | Listed | $999,000 | MLS #SDC0000313 |
| May 1, 2015 | Listing removed | $625,000 | CRMLS |
| Apr 30, 2015 | Sold | $609,000 | MLS #150013975 |
| Mar 12, 2015 | Listed | $625,000 | MLS #SW15058805 |
| Oct 10, 2003 | Sold | $575,000 | Public Record |
| May 3, 1988 | Sold | $282,000 | Public Record |
| Dec 31, 1986 | Sold | $240,000 | Public Record |
| Apr 21, 1983 | Sold | $47,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $451,013 | $742,845 | $1,193,858 | $12,858 |
| 2024 | $451,013 | $742,845 | $1,193,858 | $12,555 |
| 2023 | $407,000 | $669,000 | $1,076,000 | $11,428 |
| 2022 | $420,499 | $269,207 | $689,706 | $7,422 |
| 2021 | $412,254 | $263,929 | $676,183 | $7,172 |
| 2020 | $408,027 | $261,223 | $669,250 | $7,227 |
| 2019 | $400,027 | $256,101 | $656,128 | $7,081 |
| 2018 | $392,184 | $251,080 | $643,264 | $6,973 |
| 2017 | $384,495 | $246,157 | $630,652 | $6,835 |
| 2016 | $376,956 | $241,331 | $618,287 | $6,664 |
| 2015 | $378,000 | $242,000 | $620,000 | $6,677 |
| 2014 | $329,000 | $211,000 | $540,000 | $5,816 |
| 2013 | $327,000 | $211,000 | $538,000 | $5,758 |
| 2012 | $327,000 | $211,000 | $538,000 | $5,815 |
| 2010 | $327,000 | $211,000 | $538,000 | $4,311 |
| 2009 | $247,000 | $158,000 | $405,000 | $4,257 |
| 2008 | $378,850 | $243,546 | $622,396 | $6,559 |
| 2007 | $371,422 | $238,771 | $610,193 | $6,412 |
Property facts
Year built
1987
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,820 sqft
Lot size
76,230 sqft
ZIP code
92028
City
Fallbrook
Street
Elm Tree Ln
Coordinates
33.34053, -117.24157
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$9,024
Gross rental yield
9.63%
Implied cap rate
6.26%
Trend-extrapolated value
—
Frequently asked questions
When did 721 Elm Tree Ln last sell?
721 Elm Tree Ln most recently sold on Apr 11, 2022 for $1,125,000.
What is the current tax assessment for 721 Elm Tree Ln?
The most recent total assessment for 721 Elm Tree Ln (year 2025) is $1,193,858 with $12,858 in property tax.
How does 721 Elm Tree Ln's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $1,125,000.
When was 721 Elm Tree Ln built?
721 Elm Tree Ln was built in 1987.
How does 721 Elm Tree Ln compare to others on Elm Tree Ln?
We track 5 other properties on Elm Tree Ln. Browse the list under "Other properties on Elm Tree Ln" to compare beds, baths, and sale history.
What are the property facts for 721 Elm Tree Ln?
721 Elm Tree Ln is a 3 bed, 3 bath, 2,820 sqft, 76,230 sqft lot single_family.
Is 721 Elm Tree Ln a flip candidate?
No — 721 Elm Tree Ln does not appear in our flips dataset.
Is 721 Elm Tree Ln a tax-appeal candidate?
No — 721 Elm Tree Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.7%
Implied 1-yr
+2.9%
2026 Q3
$813.5K
2026 Q4
$819.1K
ZIP 92028 — Median Price History + Forecast
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Geography
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