NOT LISTED FOR SALE

1058 Morro Rd Fallbrook, CA 92028

Estimated Value: $855,000 - $997,000

4 Beds
3 Baths
2,400 Sq Ft
$377/Sq Ft Est. Value

Last Sold September 06, 2024

Last sale price $945,000 $394 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,588/month

45 Days on Market

Highlights

  • Golf Course Community
  • Community Lake
  • Hiking Trails
  • La Paloma Elementary School Rated 9+
  • No HOA
  • 2 Car Attached Garage

About This Home

As of September 2024

A true Fallbrook gem! Single level ranch home on a large 1/2 acre lot that has been fully remodeled, with a separate built ADU/Guest house. The main home is 3 beds 2 baths 1763 sqft and the private fenced off 1 bed 1 bath ADU house is approx 700 sqft. It's rented for $2405 a month and also fully remodeled with a new roof, a nice way to help offset your mortgage! The kitchen has new white shaker cabinets with high end Calcatta Quartz countertops and large waterfall island! This is truly a home you can live as stress free as possible knowing there will not be many upgrades needed for many many years to come. Beautiful custom tiled bathrooms! Full House repipe with PEX. New luxury vinyl plank floors throughout with tile in the bathrooms, new highest end Sherwin Williams Emerald Paint inside and out, new recessed lighting everywhere, new roof, new appliances, new energy efficient HVAC system/heat pump, interior and exterior doors, 2 new sliding doors, the list goes on. You can easily imagine being happy and comfortable here with family and friends. There's also a very large yard where you can enjoy a big garden, horses, tree house, the ideas are endless. There is also a large carport for a boat or toys, along with a 2 car attached garage. A huge wrap around drive way makes it easy to entertain with plenty of parking space for family and friends or for storing an RV. This beautiful home is just down the street from the massive city sports park they are building, and is nearby many restaurants, wineries and shops. This property also has approved solar installation plans for SDGE under the much better net meter rates that ended last April, if you want to put solar on the home.

Last Agent to Sell the Property

Nicholas Keener

Trupoint Brokerage Phone: 714-989-6023 License #01919360 Listed on: 06/07/2024

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 0.5 Acre Lot
  • Density is 2-5 Units/Acre
  • Property is zoned RR

Parking

  • 2 Car Attached Garage
  • 6 Open Parking Spaces
  • 2 Carport Spaces

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Doors
  • Energy-Efficient Thermostat

Utilities

  • Central Air
  • Baseboard Heating

Listing and Financial Details

  • Tax Lot 9,10
  • Tax Tract Number 561
  • Assessor Parcel Number 1060121500
  • $38 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Community Lake
  • Foothills
  • Mountainous Community

Recreation

  • Golf Course Community
  • Park
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: RR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1060121500
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2400.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 393.75
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Baseboard, Electric
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Foothills, Golf, Hiking, Lake, Horse Trails, Park, Mountainous

Green Features

  • Efficiency: Appliances, Doors, HVAC, Lighting, Thermostat

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Ranch
  • Lot Size Sq Ft: 21780.00
  • Lot Size Acres: 0.5000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21780.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 189.05
  • Tax Lot: 9,10
  • Tax Tract Number: 561
  • TaxOtherAnnualAssessmentAmount: 38.00

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Aug 19, 2024
Sold by
Vantage Point Properties 20 Llc
Bought by
Cerrato Oscar R and Haro Alyssa Alondra
Seller's Agent
Nicholas Keener
Trupoint
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$945,000
Sold Price
$945,000
Views
176
Current Estimated Value
$904,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,333
Avg. Annual Appreciation
-3.30%
Original Mortgage
$965,317
Outstanding Balance
$954,204
Interest Rate
6.78%
Mortgage Type
VA
Estimated Equity
-$49,537

Purchase Details

Closed on
Feb 3, 2023
Sold by
Smith Family Trust
Bought by
Vantage Point Properties 2 0 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,250
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2000
Sold by
Smith Julian B and Smith Lucille M
Bought by
Smith Julian B and Smith Lucille M
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
Cerrato Oscar R $945,000 None Listed On Document
Vantage Point Properties 2 0 Llc $500,000 Usa National Title
Smith Julian B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cerrato Oscar R $965,317
Previous Owner Vantage Point Properties 2 0 Llc $569,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2024 09/06/24 Sold $945,000 0.0% $394 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $945,000 -- $394 / 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 $10,170 $663,000 $510,000 $153,000
2024 $7,114 $663,000 $510,000 $153,000
2023 $2,823 $258,552 $80,431 $178,121
2022 $2,748 $258,552 $80,431 $178,121
2021 $2,655 $253,483 $78,854 $174,629
2020 $2,674 $250,885 $78,046 $172,839
2019 $2,620 $245,966 $76,516 $169,450
2018 $2,579 $241,144 $75,016 $166,128
2017 $2,527 $236,417 $73,546 $162,871
2016 $2,462 $231,782 $72,104 $159,678
2015 $2,422 $228,301 $71,021 $157,280
2014 $2,375 $223,830 $69,630 $154,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24115174

California Regional Multiple Listing Service (CRMLS)

APN: 106-012-15