NOT LISTED FOR SALE

1418 Banyan Dr Fallbrook, CA 92028

Estimated Value: $853,000 - $1,038,000

3 Beds
2 Baths
1,961 Sq Ft
$481/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $625,000 $319 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,530/month

23 Days on Market

Highlights

  • Bonus Room
  • 2 Car Direct Access Garage
  • Laundry Room
  • Walk-In Pantry
  • Eat-In Kitchen
  • Formal Entry

About This Home

As of May 2020

Welcome home to a private 1.5 acre retreat with stunning views! This bright and open single story home has many upscale upgrades and finishes while still maintaining the character of it's original mid century modern design. Pride of ownership is evident in every detail from the high end Spanish Mission registers and switch plates to the double pane, sound insulating windows and sliding doors. The enormous remodeled kitchen features stainless steel appliances and induction cook top. Solar is owned!. Neighborhoods: Ridgecrest Estates Other Fees: 0 Sewer: Septic Installed

Last Agent to Sell the Property

Alysha Tanksley

Compass License #01906333 Listed on: 03/05/2020

Compass

Co-Listed By

Rebecca Monge

Compass License #01961244

Last Buyer's Agent

David Hethorn

Premier Realty Associates License #01367240

Premier Realty Associates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • 1.5

Parking

  • 2 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 1,961 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • 1.5 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • Fallbrook Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1053630500

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Fallbrook
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1053630500
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1961.00
  • Stories: 1
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area, Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 318.71
  • Room Type: Main Floor Bedroom, Bonus Room, Formal Entry, Main Floor Primary Bedroom, Utility Room, Living Room, Primary Bedroom, Foyer, Laundry, Primary Bathroom, Walk-In Pantry

Exterior Features

  • Fence: No
  • Pool Private: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Direct Garage Access
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Built-In Range, Built-In, Counter Top, Electric Cooking
  • Heating Type: Electric, Forced Air
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup, Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 65340.00
  • Lot Size Acres: 1.5000

Multi Family

  • Lot Size Area: 65340.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2022
Sold by
Lucas Arthur L
Bought by
Livin Arthur L Lucas Revocable
Current Estimated Value
$943,827

Purchase Details

Closed on
Nov 5, 2021
Sold by
Lucas Arthur L and Lucas Arthur L
Bought by
Lucas Arthur L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 5, 2020
Closed on
Apr 19, 2020
Sold by
Jenne Michael and Howard Christopher
Bought by
Lucas Arthur L
Seller's Agent
Alysha Tanksley
Compass
Buyer's Agent
David Hethorn
Premier Realty Associates
List Price
$629,000
Sold Price
$625,000
Premium/Discount to List
-$4,000
-0.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%

Purchase Details

Listed on
Oct 1, 2017
Closed on
Nov 2, 2017
Sold by
Taylor Robert Bruce
Bought by
Jenne Michael and Howard Christopher
Seller's Agent
Marla Cruickshank
UpCountri Homes & Estates
Buyer's Agent
Stacey Bardfield
Life Styles Realty
List Price
$439,000
Sold Price
$439,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.18%
Original Mortgage
$319,000
Interest Rate
3.83%
Mortgage Type
New Conventional
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
Livin Arthur L Lucas Revocable -- None Listed On Document
Lucas Arthur L -- Fidelity National Agency Sln
Lucas Arthur L $625,000 North American Title Company
Jenne Michael $439,000 Ticor Title Ins Co San Diego
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lucas Arthur L $400,000
Previous Owner Jenne Michael $319,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2020 05/15/20 Sold $625,000 -0.6% $319 / Sq Ft
03/28/2020 03/28/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $629,000 +43.3% $321 / Sq Ft
11/13/2017 11/13/17 Sold $439,000 0.0% $251 / Sq Ft View Prior Sale
11/10/2017 11/10/17 Pending -- -- --
10/01/2017 10/01/17 For Sale $439,000 -- $251 / 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 $7,205 $683,525 $382,774 $300,751
2024 $7,205 $670,123 $375,269 $294,854
2023 $6,998 $656,984 $367,911 $289,073
2022 $7,001 $644,103 $360,698 $283,405
2021 $6,770 $631,475 $353,626 $277,849
2020 $4,931 $456,735 $208,080 $248,655
2019 $4,835 $447,780 $204,000 $243,780
2018 $4,761 $439,000 $200,000 $239,000
2017 $750 $95,109 $25,454 $69,655
2016 $999 $93,245 $24,955 $68,290
2015 $976 $91,846 $24,581 $67,265
2014 $958 $90,048 $24,100 $65,948
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200011398

California Regional Multiple Listing Service (CRMLS)

APN: 105-363-05