NOT LISTED FOR SALE

1125 Forge Ln Fallbrook, CA 92028

Estimated Value: $609,000 - $702,000

3 Beds
2 Baths
1,161 Sq Ft
$576/Sq Ft Est. Value

Last Sold February 11, 2021

Last sale price $475,000 $409 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,973/month

1 Day on Market

Highlights

  • RV Access or Parking
  • Main Floor Bedroom
  • Covered Patio or Porch
  • La Paloma Elementary School Rated 9+
  • Bonus Room
  • 2 Car Direct Access Garage

About This Home

As of February 2021

This Fallbrook Country Charmer is nicely updated and well maintained! Close to Downtown Fallbrook for your shopping and entertaining! The beautiful renovated interior includes a remodeled kitchen, remodeled bathrooms, beautiful wood floors, upgraded windows, 2 upgraded sliding glass doors that lead to the large private covered patio and backyard. You, your family, and friends will love walking up to your front door while experiencing the nice country like feeling. The Large private backyard area is the perfect place for entertaining your friends, family, and playing with your pets! You will enjoy the hill, mountain, and Fallbrook Village views from your back patio/yard area! Leased Solar!

Last Agent to Sell the Property

Suzanne Stacy

Coldwell Banker Realty License #00606373 Listed on: 12/28/2020

Coldwell Banker Realty

Last Buyer's Agent

Tina Su

BayCal Realty West San Jose License #01762709

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 9,766 Sq Ft Lot
  • Partially Fenced Property
  • Wood Fence
  • Fence is in average condition
  • Level Lot
  • Property is zoned R-1 Single Family

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • RV Access or Parking

Home Design

  • Entry on the 1st floor
  • Wood Roof
  • Composition Roof

Interior Spaces

  • 1,161 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Fallbrook Elementary School
  • Fallbrook High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Solar Heating System
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 1041810700

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Leased Solar. See D under photos for the Solar Lease document.
  • Property Attached: No
  • View: No
  • Zoning: R-1 Single Family
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1041810700
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1161.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Gas, Gas Starter, Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 409.13
  • Room Type: Bonus Room, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom
  • Bathroom Features: Double Sinks In Master Bath, Exhaust Fan(s), Remodeled, Upgraded, Shower In Tub, Bathtub

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s)
  • Fence: Yes
  • Fencing: Average Condition, Partial, Wood
  • Patio And Porch Features: Concrete, Covered, Patio, Patio Open
  • Pool Private: No
  • Roof: Composition, Wood

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Asphalt, Garage Faces Front, Garage - Two Door, Garage Door Opener, RV Access/Parking, Street
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Fireplace(s), Forced Air, Natural Gas, Solar
  • Laundry Features: Electric Dryer Hookup, In Garage, Gas Dryer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Schools

  • Elementary School: Fallbrook
  • High School: Fallbrook
  • Elementary School #2: FALLBR
  • High School2: FALLBR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 9766.00
  • Lot Size Acres: 0.2200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9766.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: pm062

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2020
Closed on
Jan 5, 2021
Sold by
Contreras Edward and Contreras Jessica
Bought by
Mathis David Reed and Mathis Terry Lee
Seller's Agent
Suzanne Stacy
Coldwell Banker Realty
Buyer's Agent
Tina Su
BayCal Realty West San Jose
List Price
$465,000
Sold Price
$475,000
Premium/Discount to List
$10,000
2.15%
Current Estimated Value
$669,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,152
Avg. Annual Appreciation
7.27%
Original Mortgage
$460,750
Outstanding Balance
$407,549
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$261,603

Purchase Details

Listed on
Aug 7, 2015
Closed on
Aug 18, 2015
Sold by
Silsley Kimberly Anne and Silsley Matthew Yong
Bought by
Contreras Edward and Contreras Jessica
Seller's Agent
Kimberly Steel
SimpliHom
Buyer's Agent
Lucila Simpson
Insignia Properties
List Price
$369,000
Sold Price
$369,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%
Original Mortgage
$362,316
Interest Rate
3.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 4, 2008
Sold by
Hannum Stephen and Hannum Rosemarie K
Bought by
Silsley Kimberly Anne and Silsley Matthew Yong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
5.96%
Mortgage Type
VA

Purchase Details

Closed on
May 22, 1987
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
Mathis David Reed $475,000 Equity Title
Contreras Edward $369,000 Ticor Title Co San Diego
Silsley Kimberly Anne $279,000 Ticor Title San Diego
-- $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathis David Reed $460,750
Previous Owner Contreras Edward $362,316
Previous Owner Silsley Kimberly Anne $279,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/11/2021 02/11/21 Sold $475,000 +2.2% $409 / Sq Ft
12/29/2020 12/29/20 Pending -- -- --
12/28/2020 12/28/20 For Sale $465,000 +26.0% $401 / Sq Ft
09/23/2015 09/23/15 Sold $369,000 0.0% $318 / Sq Ft View Prior Sale
08/11/2015 08/11/15 Pending -- -- --
08/07/2015 08/07/15 For Sale $369,000 -- $318 / 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 $5,601 $539,121 $337,359 $201,762
2024 $5,601 $528,551 $330,745 $197,806
2023 $5,182 $494,188 $324,260 $169,928
2022 $5,183 $484,499 $317,902 $166,597
2021 $4,323 $403,550 $264,787 $138,763
2020 $4,356 $399,413 $262,072 $137,341
2019 $4,270 $391,583 $256,934 $134,649
2018 $4,206 $383,906 $251,897 $132,009
2017 $4,123 $376,379 $246,958 $129,421
2016 $4,020 $369,000 $242,116 $126,884
2015 $3,109 $285,000 $187,000 $98,000
2014 $3,057 $280,000 $184,000 $96,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2003844

California Regional Multiple Listing Service (CRMLS)

APN: 104-181-07