NOT LISTED FOR SALE

1203 Palomares Ct Fallbrook, CA 92028

Estimated Value: $964,000 - $1,132,000

3 Beds
2.5 Baths
2,200 Sq Ft
$472/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $864,000 $393 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,218/month

63 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Fireplace in Primary Bedroom Retreat
  • 3 Car Attached Garage
  • View of Hills
  • No HOA
  • Laundry Room

About This Home

As of February 2023

Amazing price improvement! Situated on a highly desirable lot at the end of a cul-de-sac with 180 degree views, this custom-built home has it all! The entire property is fully gated and thoughtfully landscaped with ease of maintenance in mind. Enjoy outdoor entertaining at its finest with a large wrap-around covered patio area that's perfect for entertaining family and friends. Relish in fun-filled afternoon BBQ's with the large custom outdoor island, which includes a grill, sink and 2 built-in burners for complete outdoor cooking. Spend evenings relaxing in the well appointed private jacuzzi or warming up next to the outdoor fire pit. This home comes complete with an open flow layout, a dual sided fireplace in the family/living room for those chilly evenings and an oversized 3.5 car garage with cabinets and storage racks. The master bedroom retreat includes a dual sided fireplace and a very spacious bonus area for an office, library, nursery area, or anything you'd like! With over half an acre of usable land that expands beyond the back patio wall, you'll have plenty of room to plant your own family fruit orchard, add an ADU or leave it as! No HOA at this property makes it extra appealing, along with it being in one of the best areas of Fallbrook. Just minutes away you will find miles of nature trails, world class wineries, golf courses and the wonderful charm of downtown Fallbrook - complete with rustic buildings, boutiques galore, coffee shops and award winning wineries. Enjoy country living with all the modern conveniences. Come and see this one of a kind property for yourself! *Some images included in the listing have been virtually staged to help showcase the intended use and true potential of spaces in the home.

Last Agent to Sell the Property

Dane Carlson

Berkshire Hathaway HomeService License #01359203 Listed on: 11/17/2022

Berkshire Hathaway HomeService

Last Buyer's Agent

Emily Jones

HomeSmart Realty West License #02031307

HomeSmart Realty West

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 0.52 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R-1:SINGLE FAM-RES

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces

Interior Spaces

  • 2,200 Sq Ft Home
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Views of Hills
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • All Bedrooms Down

Outdoor Features

  • Rain Gutters

Utilities

  • Central Air
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Tract Number 13367
  • Assessor Parcel Number 1061806800
  • $44 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1061806800
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2200.00
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Living Room, Master Retreat
  • Levels: One
  • Price Per Square Foot: 392.73
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • View: Hills
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: No
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 22651.20
  • Lot Size Acres: 0.5200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.5200 Acres
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: 013367
  • TaxOtherAnnualAssessmentAmount: 44.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2022
Closed on
Feb 15, 2023
Sold by
James E Feeney Family Trust
Bought by
Frandsen Marcus Lloyd and Frandsen Trina M
Seller's Agent
Dane Carlson
Berkshire Hathaway HomeService
Buyer's Agent
Emily Jones
HomeSmart Realty West
List Price
$999,000
Sold Price
$864,000
Premium/Discount to List
-$135,000
-13.51%
Views
157
Current Estimated Value
$1,037,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,815
Avg. Annual Appreciation
6.62%
Original Mortgage
$820,800
Outstanding Balance
$795,736
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$242,079

Purchase Details

Closed on
May 2, 2006
Sold by
Furtado Anthony and Peters Danielle
Bought by
Feeney James E and Feeney Alma Cecile

Purchase Details

Closed on
Feb 11, 2005
Sold by
Furtado Anthony and Peters Danielle J
Bought by
Peters Danielle

Purchase Details

Closed on
Dec 9, 2003
Sold by
Kidd Patricia L Hill
Bought by
Furtado Anthony and Peters Danielle J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
3.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2003
Sold by
Kidd Patricia L Hill
Bought by
Kidd Patricia L Hill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,750
Interest Rate
5.37%

Purchase Details

Closed on
Nov 7, 2002
Sold by
Kidd Patricia L Hill
Bought by
Kidd Patricia L Hill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,750
Interest Rate
5.37%

Purchase Details

Closed on
Apr 3, 2001
Sold by
Kidd Patricia L Hill
Bought by
Kidd Patricia L Hill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,100
Interest Rate
7.25%

Purchase Details

Closed on
May 16, 2000
Sold by
Kidd Patricia L
Bought by
Kidd Patricia L Hill

Purchase Details

Closed on
Apr 30, 1997
Sold by
Mitchell Development Inc
Bought by
Kidd Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
7.37%
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
Frandsen Marcus Lloyd $864,000 Ticor Title
Feeney James E $860,000 First American Title
Peters Danielle -- --
Furtado Anthony $605,000 Fidelity National Title Co
Kidd Patricia L Hill -- Commonwealth Land Title
Kidd Patricia L Hill -- Commonwealth Land Title Co
Kidd Patricia L Hill -- United Title Company
Kidd Patricia L Hill -- United Title Company
Kidd Patricia L Hill -- --
Kidd Patricia L $258,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frandsen Marcus Lloyd $820,800
Previous Owner Furtado Anthony $484,000
Previous Owner Kidd Patricia L Hill $333,750
Previous Owner Kidd Patricia L Hill $247,100
Previous Owner Kidd Patricia L $181,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2023 02/15/23 Sold $864,000 +1.8% $393 / Sq Ft
01/12/2023 01/12/23 Price Changed $849,000 -10.5% $386 / Sq Ft
12/11/2022 12/11/22 Price Changed $949,000 -5.0% $431 / Sq Ft
11/17/2022 11/17/22 For Sale $999,000 -- $454 / 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 $9,374 $898,904 $587,122 $311,782
2024 $9,374 $881,279 $575,610 $305,669
2023 $9,343 $888,000 $580,000 $308,000
2022 $9,534 $888,000 $580,000 $308,000
2021 $7,350 $695,000 $454,000 $241,000
2020 $6,946 $645,000 $422,000 $223,000
2019 $6,785 $630,000 $413,000 $217,000
2018 $6,381 $590,000 $387,000 $203,000
2017 $750 $560,000 $368,000 $192,000
2016 $5,697 $530,000 $349,000 $181,000
2015 $5,469 $510,000 $336,000 $174,000
2014 $5,363 $500,000 $330,000 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2211287

California Regional Multiple Listing Service (CRMLS)

APN: 106-180-68