NOT LISTED FOR SALE

1065 Silver Springs Ln Fallbrook, CA 92028

Estimated Value: $788,000 - $998,613

2 Beds
2.5 Baths
1,903 Sq Ft
$451/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $695,000 $365 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,117/month

43 Days on Market

Highlights

  • Filtered Pool
  • Primary Bedroom Suite
  • Deck
  • La Paloma Elementary School Rated 9+
  • Canyon View
  • Bamboo Flooring

About This Home

As of June 2023

This lovely 1950's era home with wood ceilings and beams, with a pool sits in the middle of 1.5 acres of mature lemon trees. There are oaks, 2 macadamia and other trees on the property. Located on a hill, the open floor plan gets wonderful breezes and some Hills views. Very large Dining and Living room, Fireplace, A/C and Heating. The bedrooms are extra large with double pane windows. The Master has an extra large shower and vanity. The other large Bedroom has a standard 5' bath & shower. Wood Floors thru-ought with Bamboo in the Kitchen with extra large Pantry and Powder room. The Washer dryer is in it's own shed with a large laundry sink. The oversized garage is very convenient. Adjoins 3.3 acre vacant lot for Sale.On MLS under Land. Front and rear patios with a mid sized swimming pool for enjoying the warm summer evenings. Appointment Only.

Last Agent to Sell the Property

Mark Miller

The W Collection, Inc. License #01248234 Listed on: 03/20/2023

Last Buyer's Agent

Brian Long

LPT Realty,Inc License #01368841

LPT Realty,Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 1.52 Acre Lot
  • Rural Setting
  • Rectangular Lot
  • Lot Sloped Down
  • Density is up to 1 Unit/Acre
  • Value in Land
  • Property is zoned A70

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Workshop in Garage
  • Front Facing Garage
  • Garage Door Opener

Property Views

  • Canyon
  • Meadow

Home Design

  • Cottage
  • Cosmetic Repairs Needed

Interior Spaces

  • 1,903 Sq Ft Home
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room
  • Living Room with Fireplace
  • Carbon Monoxide Detectors

Kitchen

  • Walk-In Pantry
  • Electric Range
  • Disposal

Flooring

  • Bamboo
  • Wood

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Walk-in Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Pool

  • Filtered Pool
  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Deck
  • Open Patio
  • Outdoor Storage
  • Rear Porch

Utilities

  • Two cooling system units
  • Central Air
  • Air Source Heat Pump
  • Electric Water Heater
  • Conventional Septic
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 38,39
  • Tax Tract Number 821
  • Assessor Parcel Number 1230421700
  • $58 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Fallbrook Subdivision
  • Foothills
  • Property is near a ravine

Recreation

  • Horse Trails
  • Hiking Trails

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s)
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Zoning: A70
  • Architectural Style: Cottage
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1230421700
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1903.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), High Ceilings
  • Common Walls: No Common Walls
  • Flooring: Bamboo, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 365.21
  • Room Type: All Bedrooms Down, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Pantry
  • Bathroom Features: Bathtub, Shower In Tub, Closet In Bathroom, Walk-In Shower

Exterior Features

  • Patio: Yes
  • Other Structures: Storage
  • View: Canyon, Meadow
  • Patio And Porch Features: Brick, Deck, Patio, Patio Open, Porch, Rear Porch
  • Pool Features: Private, Fenced, Filtered, In Ground
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage Door Opener, Workshop in Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Other, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Electric Water Heater, Disposal
  • Electric: Electricity - On Property
  • Heating Type: Heat Pump
  • Laundry Features: Electric Dryer Hookup, Individual Room
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air, Dual, Heat Pump
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Hiking, Horse Trails, Ravine, Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Sloped Down, Gentle Sloping, Rectangular Lot, Value In Land
  • Lot Size Sq Ft: 66211.00
  • Lot Size Acres: 1.5200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 66211.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 188.01
  • Tax Lot: 38,39
  • Tax Tract Number: 821
  • TaxOtherAnnualAssessmentAmount: 58.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2023
Closed on
Jun 21, 2023
Sold by
2021 Cabang Descendants Trust
Bought by
Reed Kendall L and England Eva I
Seller's Agent
Mark Miller
The W Collection, Inc.
Buyer's Agent
Brian Long
LPT Realty,Inc
List Price
$695,000
Sold Price
$695,000
Views
58
Current Estimated Value
$858,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,153
Avg. Annual Appreciation
8.73%
Original Mortgage
$709,942
Outstanding Balance
$690,201
Interest Rate
6.39%
Mortgage Type
VA
Estimated Equity
$167,952

Purchase Details

Closed on
Jul 19, 2022
Sold by
Cabang Family Trust and Pannell Marilyn Cabang
Bought by
2021 Cabang Descendants Trust and Pannell

Purchase Details

Closed on
Sep 23, 2013
Sold by
Cabang Dionisia T
Bought by
Cabang Dionisia T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2010
Sold by
Cabang Dionisia T
Bought by
Cabang Dionisia T

Purchase Details

Closed on
Jul 23, 1999
Sold by
Cabang Francis Q Tr
Bought by
Cabang Francis Q and Cabang Dionisia T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
7.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reed Kendall L $695,000 Lawyers Title Company
2021 Cabang Descendants Trust -- None Listed On Document
Cabang Dionisia T -- Chicago Title
Cabang Dionisia T -- Chicago Title
Cabang Dionisia T -- Accommodation
Cabang Francis Q -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Kendall L $709,942
Previous Owner Cabang Dionisia T $307,500
Previous Owner Cabang Francis Q $227,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $695,000 0.0% $365 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
03/20/2023 03/20/23 For Sale $695,000 -- $365 / 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 $7,618 $723,076 $523,968 $199,108
2024 $7,618 $708,899 $513,695 $195,204
2023 $7,491 $703,800 $510,000 $193,800
2022 $1,552 $138,624 $45,037 $93,587
2021 $624 $53,298 $44,154 $9,144
2020 $629 $52,753 $43,702 $9,051
2019 $617 $51,720 $42,846 $8,874
2018 $608 $50,706 $42,006 $8,700
2017 $596 $49,713 $41,183 $8,530
2016 $581 $48,739 $40,376 $8,363
2015 $573 $48,008 $39,770 $8,238
2014 $563 $47,068 $38,991 $8,077
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG23046213

California Regional Multiple Listing Service (CRMLS)

APN: 123-042-17