NOT LISTED FOR SALE

132 Morro Hills Rd Fallbrook, CA 92028

Estimated Value: $1,120,000 - $1,379,000

3 Beds
2.5 Baths
3,074 Sq Ft
$406/Sq Ft Est. Value

Last Sold August 04, 2021

Last sale price $815,000 $265 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $7,374/month

10 Days on Market

Highlights

  • View of Trees or Woods
  • Workshop
  • Hiking Trails
  • No HOA
  • Walk-In Pantry
  • Laundry Room

About This Home

As of August 2021

Fantastic Morro Hills Location! Fallbrook Custom Home with northerly pastoral views of 1.3 acre lot wooded with beautiful oak trees. Enjoy the shade in your fully fenced yard with four gates to access different areas of the property. Enjoy the serenity of your expansive front deck covered with gorgeous open beams. Inside, updates meet with classic charm. Recent upgrades include the electrical panel, newer roof, septic system, newer siding and windows, fencing, exterior concrete work and fireplace in family room to provide comfort and ambiance on chilly evenings. Conveniently located with easy access to the 76 to head for the beach or Sleeping Indian Road for a beautiful country drive. You are in the country but close to the wonderful friendly village of Fallbrook. Property has room to add a guest house and a pool! Numerous areas to enjoy gardening or create an oasis of your dreams. Also, 2 workshops and a chicken coop. No HOA fees and no Mello Roos.

Last Agent to Sell the Property

Michael Stine

eXp Realty of Southern CA License #02022022 Listed on: 07/01/2021

eXp Realty of Southern CA

Last Buyer's Agent

Christopher Marx

eXp Realty of California, Inc. License #01986782

eXp Realty of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,118

Year Built

  • Built in 1972

Lot Details

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

Parking

  • 1 Car Garage

Property Views

  • Woods
  • Valley

Interior Spaces

  • 3,074 Sq Ft Home
  • Raised Hearth
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Workshop
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Utilities

  • Conventional Septic

Listing and Financial Details

  • Tax Tract Number 186
  • Assessor Parcel Number 1211421600

Community Details

Overview

  • No Home Owners Association
  • Foothills
  • Property is near a ravine
  • Valley

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,118

Year Built

Built in 1972

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1211421600
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3074.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 724.00
  • Fireplace Features: Family Room, Living Room, Raised Hearth
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 265.13
  • Room Type: Family Room, Foyer, Kitchen, Laundry, Living Room, Walk-In Pantry, Workshop

Exterior Features

  • View: Trees/Woods, Valley
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: No
  • Laundry: Yes
  • Laundry Features: Dryer Included, Individual Room, Upper Level, Washer Included
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Ravine, Rural, Valley, Biking, Hiking

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 56628.00
  • Lot Size Acres: 1.3000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1.3000 Acres

Tax Info

  • Tax Tract Number: 186.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Jul 27, 2021
Sold by
Walker Brenda L
Bought by
Osuegbu Daniel W
Seller's Agent
Michael Stine
eXp Realty of Southern CA
Buyer's Agent
Christopher Marx
eXp Realty of California, Inc.
List Price
$815,000
Sold Price
$815,000
Current Estimated Value
$1,247,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,350
Avg. Annual Appreciation
10.77%
Original Mortgage
$753,250
Outstanding Balance
$687,416
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$559,934

Purchase Details

Listed on
Jul 1, 2021
Closed on
Jul 12, 2021
Sold by
Kaipio Gail and Gail Kaipio Trust
Bought by
Osuegbu Daniel W
Seller's Agent
Michael Stine
eXp Realty of Southern CA
Buyer's Agent
Christopher Marx
eXp Realty of California, Inc.
List Price
$815,000
Sold Price
$815,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$753,250
Outstanding Balance
$687,416
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$559,934

Purchase Details

Closed on
Nov 1, 2016
Sold by
Kaipio Gail
Bought by
Kaipio Gail

Purchase Details

Listed on
Mar 9, 2016
Closed on
Mar 23, 2016
Sold by
Zinniger Michael A and Zinniger Suzanne E
Bought by
Kaipio Gail
Seller's Agent
Donna Moore
tenXrealty
Buyer's Agent
Marilee Lowe
Windermere Homes & Estates
List Price
$560,000
Sold Price
$560,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.83%

Purchase Details

Closed on
May 14, 2010
Sold by
Zinniger Michael and Zinniger Suzanne E
Bought by
Zinniger Michael A and Zinniger Suzanne E

Purchase Details

Closed on
Sep 10, 2001
Sold by
Page Roger D and Page Nancy L
Bought by
Zinniger Michael and Zinniger Suzanne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
6.37%

Purchase Details

Closed on
Nov 3, 1999
Sold by
Page Roger D and Page Nancy L
Bought by
Page Roger D and Page Nancy L

Purchase Details

Closed on
May 4, 1995
Sold by
First Nationwide Bank Fsb
Bought by
Page Roger D and Page Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,579
Interest Rate
8.32%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 2, 1994
Sold by
Desize Paul and Desize Wanda
Bought by
First Nationwide Bank Fsb

Purchase Details

Closed on
Aug 30, 1985
Source: Public Records

Range of Values:

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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
Osuegbu Daniel W -- Guardian Title Company
Osuegbu Daniel W $815,000 Guardian Title Company
Kaipio Gail -- None Available
Kaipio Gail $560,000 Fidelity National Title Co
Zinniger Michael A -- None Available
Zinniger Michael $305,000 Lawyers Title
Page Roger D -- --
Page Roger D $157,000 Orange Coast Title Company
First Nationwide Bank Fsb $183,230 World Title Company
-- $189,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osuegbu Daniel W $753,250
Previous Owner Zinniger Michael $244,000
Previous Owner Page Roger D $153,579
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2021 08/04/21 Sold $815,000 0.0% $265 / Sq Ft
07/05/2021 07/05/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $815,000 +45.5% $265 / Sq Ft
04/18/2016 04/18/16 Sold $560,000 0.0% $182 / Sq Ft
03/21/2016 03/21/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $560,000 -- $182 / 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 $9,118 $864,881 $385,607 $479,274
2024 $9,118 $847,924 $378,047 $469,877
2023 $8,831 $831,299 $370,635 $460,664
2022 $8,760 $815,000 $363,368 $451,632
2021 $6,556 $612,437 $273,055 $339,382
2020 $6,607 $606,159 $270,256 $335,903
2019 $6,476 $594,274 $264,957 $329,317
2018 $6,379 $582,622 $259,762 $322,860
2017 $6,253 $571,199 $254,669 $316,530
2016 $4,085 $380,606 $169,693 $210,913
2015 $4,019 $374,890 $167,145 $207,745
2014 $3,942 $367,547 $163,871 $203,676
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2107406

California Regional Multiple Listing Service (CRMLS)

APN: 121-142-16