NOT LISTED FOR SALE

1340 Farrand Rd Fallbrook, CA 92028

Estimated Value: $848,000 - $1,000,000

4 Beds
3 Baths
2,578 Sq Ft
$365/Sq Ft Est. Value

Last Sold June 14, 2018

Last sale price $605,000 $235 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,301/month

18 Days on Market

Highlights

  • Heated Spa
  • Multi-Level Bedroom
  • Lawn
  • View of Trees or Woods
  • Bonus Room
  • No HOA

About This Home

As of June 2018

Priced below comps! Huge value, low price for this large custom home with fantastic floor-plan. One of a kind architecture. The home features include a huge open living and dining room with vaulted ceilings and clerestory windows. The living room has a 12 foot sliding glass door that opens out onto the deck that runs nearly the entire length of the home. The light and bright kitchen has a center island, tons of counter space and cabinets galore, gas/convection stainless steel stove. All of the bedrooms are large, 3 of the bedrooms have their own bathrooms. Not included in the square footage is the walkout basement. Currently used as the optional 4th bedroom that connects to the space used as another dining area with a refrigerator and food prep counter w/cabinets. Double doors open out to the lush backyard for outdoor entertaining with freestanding fireplace and bubbling hot spa. Fully fenced backyard with many areas that have drought resistant succulents, along with fruit trees, orange, lemon, cherimoya, apple, avocado, grapefruit, and macadamia nut tree. This home is on one of the nicest streets in Fallbrook, popular with walkers, pride of ownership neighborhood. Underground utilities. Hurry with your offer before it’s too late, homes on this street don’t come on the market often.

Last Agent to Sell the Property

Chris & Debbie Maronto

Realty OC Inc License #01376857 Listed on: 04/01/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $706

Year Built

  • Built in 1986

Lot Details

  • 0.63 Acre Lot
  • Landscaped
  • Lawn
  • Property is zoned R1

Parking

  • 2 Car Garage

Home Design

  • Split Level Home

Interior Spaces

  • 2,578 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Living Room with Fireplace
  • Bonus Room
  • Views of Woods
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Multi-Level Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Fireplace in Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Air
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 8041
  • Assessor Parcel Number 1064102100

Home Details

Home Type

Single Family

Est. Annual Taxes

$706

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1064102100
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2578.00 Square Feet
  • Stories: 2
  • Entry Location: Ground level
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Patio
  • Levels: Multi/Split
  • Price Per Square Foot: 234.68
  • Room Type: Basement, Bonus Room, Formal Entry, Kitchen, Living Room, Master Bathroom, Master Bedroom, Multi-Level Bedroom, Walk-In Closet
  • Spa Features: Above Ground, Heated, Private

Exterior Features

  • View: Trees/Woods
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Street Lights

Schools

  • School District: Fallbrook Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn
  • Lot Size Sq Ft: 27443.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 189.06
  • Tax Lot: 12
  • Tax Tract Number: 8041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2018
Closed on
Apr 23, 2018
Sold by
Maronto Sydney
Bought by
Funaki Toni
Seller's Agent
Chris & Debbie Maronto
Realty OC Inc
List Price
$595,000
Sold Price
$605,000
Premium/Discount to List
$10,000
1.68%
Current Estimated Value
$941,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,050
Avg. Annual Appreciation
6.96%
Original Mortgage
$100,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 14, 2007
Sold by
World Savings Bank Fsb
Bought by
Maronto Sydney and Tuxford John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,500
Interest Rate
6.46%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 19, 2007
Sold by
Idris Gerrelle E
Bought by
World Savings Bank Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2005
Sold by
Idris Safwat A and Idris Gerrelle E
Bought by
Idris Gerrelle E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,400
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2004
Sold by
Idris Safwat A and Idris Gerelle E
Bought by
Idris Safwat A and Idris Gerrelle E

Purchase Details

Closed on
Nov 6, 2003
Sold by
Idris Kari
Bought by
Idris Abder

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2003
Sold by
Saylor Penny J and Newman Kathleen M
Bought by
Idris Safwat A and Idris Gerelle E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 1995
Sold by
Nordstrom Norma G
Bought by
Nordstrom Norma G

Purchase Details

Closed on
Oct 25, 1984
Source: Public Records

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Range of Values:

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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
Funaki Toni $605,000 Ticor Title San Diego Branch
Maronto Sydney $455,000 Fidelity National Title Co
World Savings Bank Fsb $553,779 Stewart Title
Idris Gerrelle E -- Chicago Title Co
Idris Safwat A -- --
Idris Abder -- Southland Title Corporation
Idris Safwat A $475,000 Southland Title Corporation
Nordstrom Norma G -- --
-- $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Funaki Toni $100,000
Previous Owner Maronto Sydney $45,500
Previous Owner Maronto Sydney $364,000
Previous Owner Idris Gerelle E $85,000
Previous Owner Idris Gerrelle E $494,400
Previous Owner Idris Safwat A $380,000
Previous Owner Idris Safwat A $100,000
Previous Owner Idris Safwat A $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2018 06/14/18 Sold $605,000 +1.7% $235 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
04/01/2018 04/01/18 For Sale $595,000 -- $231 / 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
2024 $706 $63,368 $31,684 $31,684
2023 $696 $62,126 $31,063 $31,063
2022 $696 $60,908 $30,454 $30,454
2021 $678 $59,714 $29,857 $29,857
2020 $686 $59,102 $29,551 $29,551
2019 $677 $57,944 $28,972 $28,972
2018 $5,754 $525,246 $300,141 $225,105
2017 $5,641 $514,948 $294,256 $220,692
2016 $5,501 $504,852 $288,487 $216,365
2015 $5,407 $497,269 $284,154 $213,115
2014 $5,007 $460,000 $262,000 $198,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18073549

California Regional Multiple Listing Service (CRMLS)

APN: 106-410-21