NOT LISTED FOR SALE

1378 Sycamore Heights Fallbrook, CA 92028

Estimated Value: $1,326,905 - $1,562,000

0.07 Acre
$19,242,919 Price per Acre
3,223 Sq Ft Lot

Last Sold September 27, 2022

Last sale price $390,000 $130 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $8,593/month

65 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Level Lot
  • La Paloma Elementary School Rated 9+

About This Lot

As of September 2022

$100K PRICE REDUCTION! MULTIFAMILY DEVELOPMENT OPPORTUNITY in an excellent area of Midtown Sacramento. Fully entitled with Approved Plans. Architectural Plans and Engineering complete. 4700 Square foot (plus or minus). The plans are for a 5-unit apartment complex with garages. Construction can start immediately.

Last Agent to Sell the Property

Parissa Yaghmaie

California Regency Realty License #01484585 Listed on: 06/22/2022

Last Buyer's Agent

Parissa Yaghmaie

California Regency Realty License #01484585 Listed on: 06/22/2022

Property Details

Property Type

  • Land

Lot Details

  • 3,223 Sq Ft Lot
  • Level Lot
  • Building or Site Plan Approved
  • Possible uses of the property include Residential
  • On-Hand Building Permits
  • Property is zoned Multifamily, Multi-Residential

Additional Features

  • Property is near public transit
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 007-0024-037-0000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Lot
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Horse Property: No
  • Listing Price: 420000.00
  • Lot Features: Public Trans Nearby
  • Road Frontage: City Street, Other
  • Topography: Level
  • Additional Living Units: No

Utilities

  • Sewer: Sewer Connected & Paid, Public Sewer
  • Utilities: Public
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning: Multifamily
  • Crops: None
  • Current Use: Vacant
  • Development Status: Building Permits Issued, Building Plans Filed, Building Site Cleared, Site Plan Approved, Final Map Approved
  • Zoning Description: Multi-Residential
  • Irrigation: Public
  • Lot Size Acres: 0.0740
  • Lot Size Sq Ft: 3223.00
  • Possible Use: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 007-0024-037-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jun 6, 2022
Sold by
Jacquelyn Jean
Bought by
Rannells Winslow Trust
Seller's Agent
Leigh Ann Elledge
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Tyson Robinson
Trillion Real Estate
List Price
$1,199,000
Sold Price
$1,300,000
Premium/Discount to List
$101,000
8.42%
Current Estimated Value
$1,423,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,976
Avg. Annual Appreciation
2.53%
Original Mortgage
$1,170,000
Outstanding Balance
$1,108,437
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$315,539

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jun 2, 2022
Sold by
Patrick Amador Iii Michael
Bought by
Jean Jacquelyn
Seller's Agent
Leigh Ann Elledge
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Tyson Robinson
Trillion Real Estate
List Price
$1,199,000
Sold Price
$1,300,000
Premium/Discount to List
$101,000
8.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,170,000
Outstanding Balance
$1,108,437
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$315,539

Purchase Details

Closed on
Oct 7, 2019
Sold by
Amador Michael Patrick and Amador Jean Jacquelyn
Bought by
Jean Jacquelyn

Purchase Details

Closed on
May 29, 2014
Sold by
Jean Jacquelyn
Bought by
Amador Michael Patrick and Amador Jacquelyn J

Purchase Details

Closed on
Aug 17, 2001
Sold by
Amador Michael P and Jean Jacquelyn
Bought by
Jean Jacquelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
7.21%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 15, 1997
Sold by
Stanton John J
Bought by
Jean Jacquelyn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Rannells Winslow Trust $1,300,000 California Title Company
Jean Jacquelyn -- California Title Company
Jean Jacquelyn -- None Available
Amador Michael Patrick -- None Available
Jean Jacquelyn -- Commonwealth Land Title Co
Jean Jacquelyn $76,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rannells Winslow Trust $1,170,000
Previous Owner Jean Jacquelyn $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2022 09/27/22 Sold $390,000 -7.1% $130 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
08/22/2022 08/22/22 Price Changed $420,000 -20.0% $140 / Sq Ft
06/22/2022 06/22/22 For Sale $525,000 -59.6% $175 / Sq Ft
06/06/2022 06/06/22 Sold $1,300,000 +8.4% $432 / Sq Ft View Prior Sale
05/05/2022 05/05/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $1,199,000 -- $399 / Sq Ft
Source: MetroList

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 $14,202 $1,379,560 $848,960 $530,600
2024 $14,202 $1,330,000 $818,000 $512,000
2023 $12,817 $1,212,000 $745,000 $467,000
2022 $5,441 $503,345 $114,343 $389,002
2021 $5,258 $493,476 $112,101 $381,375
2020 $5,299 $488,417 $110,952 $377,465
2019 $5,192 $478,841 $108,777 $370,064
2018 $5,113 $469,453 $106,645 $362,808
2017 $750 $460,249 $104,554 $355,695
2016 $4,887 $451,225 $102,504 $348,721
2015 $4,809 $444,448 $100,965 $343,483
2014 $4,718 $435,743 $98,988 $336,755
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222079710

MetroList

APN: 123-150-74