NOT LISTED FOR SALE

1389 Friends Way Fallbrook, CA 92028

Estimated Value: $889,000 - $1,032,000

3 Beds
2 Baths
2,093 Sq Ft
$453/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $860,000 $411 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,664/month

40 Days on Market

Highlights

  • Greenhouse
  • Corner Lot
  • No HOA
  • Attic
  • Private Yard
  • 3 Car Attached Garage

About This Home

As of January 2023

Welcome to the most unique property in the city of Fallbrook! This property has a 7,000-square-foot galvanized steel greenhouse that was originally built to grow orchids and is equipped with water hookups, natural gas hookups for heating, and electricity for power. The greenhouse has 3 large water-holding tanks that supply the greenhouse and stretch across the 0.67 acres of property. The business and hobby possibilities for the greenhouse are endless and will play a big role in the purchase of this property. Complimenting the greenhouse is a spacious and comfortable single-story home. As you enter the home you will notice an ideal floor plan with a split-bedroom design, giving the master bedroom and bathroom the privacy you desire. The main areas of the home include gorgeous Spanish tile, giving the home lots of character and style. All bedrooms and the entry living room area include recently installed laminate flooring. The kitchen has been updated with new countertops, a beautiful tile backsplash, refinished solid wood cabinets, and stainless steel appliances. Both the master bathroom and the guest bathroom have been updated with new vanities and tile showers. The home also includes a shaded patio and spa area surrounded by tons of beautiful green fruit trees, coffee plants, and additional room for RV parking!

Last Agent to Sell the Property

Tyler Rhoades

LGS Reports Inc. License #02052615 Listed on: 10/12/2022

Co-Listed By

Lisa Miller-Carnation

Coldwell Banker West License #01404626

Last Buyer's Agent

Bradley Petersen

Pay It Forward Realty License #01724042

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • 0.67 Acre Lot
  • Rural Setting
  • Corner Lot
  • Private Yard
  • Back Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned R-1:Single Fam-Res

Parking

  • 3 Car Attached Garage
  • 4 Open Parking Spaces

Interior Spaces

  • 2,093 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Patio
  • Greenhouse
  • Shed

Schools

  • Live Oak Elementary School
  • Potter Middle School
  • Fallbrook High School

Farming

  • Agricultural

Utilities

  • Central Air
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1060521100

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0.67 Acres

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: R-1:Single Fam-Res
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1060521100
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2093.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 410.89
  • Room Type: Attic, Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • Patio: Yes
  • Other Structures: Greenhouse, Shed(s)
  • Fence: No
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: No
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 4.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Schools

  • Elementary School: Live Oak
  • High School: Fallbrook
  • Middle Or Junior School: Potter
  • Elementary School #2: LIVOAK
  • High School2: FALLBR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Agricultural - Tree/Orchard, Back Yard, Corner Lot, Lot 20000-39999 Sqft, Yard
  • Lot Size Sq Ft: 29185.20
  • Lot Size Acres: 0.6700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.6700 Acres
  • Number Of Units In Community: 20

Tax Info

  • Tax Tract Number: Pm0758

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Dec 6, 2022
Sold by
Sere Family Trust
Bought by
Kofford Whitney C and Martin Austin C
Seller's Agent
Tyler Rhoades
LGS Reports Inc.
Buyer's Agent
Bradley Petersen
Pay It Forward Realty
List Price
$987,987
Sold Price
$860,000
Premium/Discount to List
-$127,987
-12.95%
Views
28
Current Estimated Value
$948,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,753
Avg. Annual Appreciation
3.23%
Original Mortgage
$773,900
Outstanding Balance
$748,650
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$200,104

Purchase Details

Closed on
Mar 21, 2014
Sold by
Sere Ioan Viorel and Sere Olimpia Marioara
Bought by
Sere Family Trust and Sere Olimpia Marioara

Purchase Details

Closed on
Jan 4, 2010
Sold by
Cousineau Walter C and Cousineau Olive P
Bought by
Sere Ioan and Sere Olimpa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 1984
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
Kofford Whitney C $860,000 Lawyers Title
Sere Family Trust -- None Available
Sere Ioan $340,000 Lawyers Title Insurance Co
-- $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kofford Whitney C $773,900
Previous Owner Sere Ioan $207,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2023 01/13/23 Sold $860,000 -9.5% $411 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
11/10/2022 11/10/22 Price Changed $949,900 -3.9% $454 / Sq Ft
10/12/2022 10/12/22 For Sale $987,987 -- $472 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,328 $894,742 $230,356 $664,386
2024 $9,328 $877,199 $225,840 $651,359
2023 $4,418 $421,823 $108,601 $313,222
2022 $4,419 $413,553 $106,472 $307,081
2021 $4,269 $405,445 $104,385 $301,060
2020 $4,301 $401,288 $103,315 $297,973
2019 $4,214 $393,421 $101,290 $292,131
2018 $4,149 $385,707 $99,304 $286,403
2017 $750 $378,145 $97,357 $280,788
2016 $3,963 $370,732 $95,449 $275,283
2015 $3,899 $365,164 $94,016 $271,148
2014 $3,824 $358,012 $92,175 $265,837
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2206638

California Regional Multiple Listing Service (CRMLS)

APN: 106-052-11

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