NOT LISTED FOR SALE

112 Palacio Norte Fallbrook, CA 92028

Estimated Value: $755,846 - $795,000

3 Beds
2 Baths
1,598 Sq Ft
$488/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $650,000 $407 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,658/month

7 Days on Market

Highlights

  • City Lights View
  • Open Floorplan
  • No HOA
  • Covered RV Parking
  • High Ceiling
  • Sport Court

About This Home

As of June 2021

Welcome to this unique built home with beautiful views of the coast overlooking all the other homes in the area close to Historic Downtown Fallbrook and a short distance from the Military Base, Freeways and best of all the Beach. This 3 bedroom, 2 bathroom home is situated on a huge lot big enough for a pool, featuring a covered private patio, beautifully landscaped, Private basketball court, RV parking, attached 2 car garage, brand new double pane windows and slider, beautiful luxury vinyl tile, new interior/exterior paint, rain gutters, Brand new tile Roof, whole house fan and upgraded bathrooms. The original Adobe brick fireplace and accent walls and high ceiling with exposed beams upon entry into this home will make your jaw drop.
112 Palacio Norte will not last long

Last Agent to Sell the Property

Michelle Clark

MAINSTREET REALTORS License #02034643 Listed on: 05/05/2021

MAINSTREET REALTORS

Last Buyer's Agent

Oleksandra Galanis

Redfin Corporation License #01904541

Redfin Corporation

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 0.36 Acre Lot
  • Wood Fence
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Shared Driveway
  • Covered RV Parking

Property Views

  • City Lights
  • Woods
  • Peek-A-Boo
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,598 Sq Ft Home
  • Open Floorplan
  • Beamed Ceilings
  • Brick Wall or Ceiling
  • High Ceiling
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Kitchen Island
  • Tile Countertops

Flooring

  • Stone
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Sport Court
  • Patio
  • Rain Gutters

Schools

  • Williams Elementary School
  • James Day Middle School
  • Fallbrook High School

Utilities

  • Whole House Fan
  • Heating Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 2579
  • Assessor Parcel Number 1054441000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1974 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • View: Yes
  • Zoning: R1
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1054441000
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1598.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Brick Walls, High Ceilings, Open Floorplan
  • Common Walls: No Common Walls
  • Flooring: Stone, Tile, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 406.76
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub, Closet In Bathroom, Exhaust Fan(s), Remodeled
  • Room Kitchen Features: Kitchen Island, Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Sport Court Private
  • Exterior Features: Rain Gutters
  • View: City Lights, Hills, Mountain(s), Neighborhood, Peek-A-Boo, Trees/Woods
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Stucco, Unknown

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Asphalt, Garage Faces Front, Garage - Single Door, Oversized, RV Covered, RV Potential, Shared Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Electric, Fireplace(s)
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Whole House Fan
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Schools

  • Elementary School: Williams
  • High School: Fallbrook
  • Middle Or Junior School: James Day
  • Elementary School #2: WILLIA
  • High School2: FALLBR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 15682.00
  • Lot Size Acres: 0.3600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15682.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 189.04
  • Tax Lot: 1
  • Tax Tract Number: 2579

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Jun 4, 2021
Sold by
Luong Matt Hue
Bought by
Applebee Paul and Applebee Kim
Seller's Agent
Michelle Clark
MAINSTREET REALTORS
Buyer's Agent
Oleksandra Galanis
Redfin Corporation
List Price
$599,999
Sold Price
$650,000
Premium/Discount to List
$50,001
8.33%
Current Estimated Value
$772,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,618
Avg. Annual Appreciation
4.10%
Original Mortgage
$617,500
Outstanding Balance
$559,069
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$220,893

Purchase Details

Closed on
Oct 14, 1999
Sold by
Gillette Terri A
Bought by
Luong Matt Hue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,650
Interest Rate
7.86%

Purchase Details

Closed on
Dec 7, 1994
Sold by
Ss Scout Properties California
Bought by
Gillette Terri A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.27%

Purchase Details

Closed on
Dec 1, 1994
Sold by
Heincy Charles C and Heincy Sharon L
Bought by
Anderson John Thomas and Anderson Yvonne Dannielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.27%

Purchase Details

Closed on
Aug 26, 1994
Sold by
Heincy Charles C and Heincy Sharon L
Bought by
Ss Scout Properties California
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Applebee Paul $650,000 Lawyers Title Company
Luong Matt Hue $179,500 Lawyers Title
Gillette Terri A $125,000 World Title Company
Anderson John Thomas $22,101 Orange Coast Title Company
Ss Scout Properties California $120,759 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Applebee Paul $617,500
Previous Owner Luong Matt Hue $143,650
Previous Owner Gillette Terri A $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2021 06/15/21 Sold $650,000 0.0% $407 / Sq Ft
06/02/2021 06/02/21 Price Changed $650,000 +8.3% $407 / Sq Ft
05/14/2021 05/14/21 For Sale $599,999 -7.7% $375 / Sq Ft
05/13/2021 05/13/21 Off Market $650,000 -- --
05/13/2021 05/13/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $599,999 -- $375 / 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 $7,325 $703,578 $487,093 $216,485
2024 $7,325 $689,784 $477,543 $212,241
2023 $7,105 $676,260 $468,180 $208,080
2022 $7,107 $663,000 $459,000 $204,000
2021 $2,669 $254,855 $112,223 $142,632
2020 $2,689 $252,243 $111,073 $141,170
2019 $2,635 $247,298 $108,896 $138,402
2018 $2,593 $242,450 $106,761 $135,689
2017 $2,541 $237,697 $104,668 $133,029
2016 $2,475 $233,037 $102,616 $130,421
2015 $2,435 $229,537 $101,075 $128,462
2014 $2,388 $225,042 $99,096 $125,946
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21083552

California Regional Multiple Listing Service (CRMLS)

APN: 105-444-10