NOT LISTED FOR SALE

1460 Santa Margarita Dr Fallbrook, CA 92028

Estimated Value: $1,172,000 - $1,539,000

4 Beds
3 Baths
2,551 Sq Ft
$507/Sq Ft Est. Value

Last Sold April 12, 2012

Last sale price $575,000 $225 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $7,664/month

162 Days on Market

Highlights

  • In Ground Pool
  • Bonus Room
  • Home Gym
  • Spanish Architecture
  • Great Room
  • Den

About This Home

As of April 2012

Make an offer! Hard to find single story, pool home on 1.6 usable view acres. This home has so much character and lives much larger than 2550 sq ft with adjacent guest quarters and studio/man cave not incl in overall sq footage!Private Spanish courtyard with fountain, oak trees galore + gorgeous views-this home has it all! Plenty of room for guests, cars, horses, gardens or whatever your heart desires! Custom remodeled kitchen with charming fireplace and architectural details throughout. RV Parking. [Supplement]: This is what Fallbrook is all about! This unique home is located down a private country lane with views over the Santa Margarita River Valley. If you are a horse person or just love to hike, This home has access to the private Trail System and owners have a key that will transfer to the new owners. The garage/studio and guest suite has separate AC/heating units and is fully insulated. 2550 sq feet in the house (3 bdrm) + an additional 1000 sq feet in the garage (1bd/ba)(according to seller)= est 3500 sq foot home. 2000 watt Kholer generator, RV parking and hookup. There is nothing like this on the market right now. Only minutes to town and shopping. Great convenient location-close to all, yet feels like miles away! See virtual tour.

Last Agent to Sell the Property

Angelique Lyle

Willis Allen Real Estate License #01475592 Listed on: 10/03/2011

Willis Allen Real Estate

Last Buyer's Agent

Maggie Rogan

UpCountri Homes & Estates License #01294013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,050

Year Built

  • Built in 1976

Lot Details

  • 1.64 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Property is zoned A70

Parking

  • 5 Open Parking Spaces
  • 2 Car Garage
  • Detached Carport Space
  • Parking Available
  • Driveway

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,551 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Great Room
  • Den
  • Bonus Room
  • Workshop
  • Home Gym
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Fire Pit
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 1054812500

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,050

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: FALLBROOK
  • Zoning: A70
  • Architectural Style: Mediterranean, Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1054812500
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2551.00 Square Feet
  • Stories: 1
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook
  • Fireplace Features: Fire Pit
  • Levels: One
  • Price Per Square Foot: 225.40
  • Room Type: Bonus Room, Den, Exercise Room, Great Room, Main Floor Bedroom, Main Floor Master Bedroom, Workshop

Exterior Features

  • Other Structures: Shed(s)
  • Fence: Yes
  • Fencing: Partial
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Roof: Tile
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport, Driveway, Uncovered
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Heating Type: Electric, Forced Air, Propane
  • Laundry Features: Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Gentle Sloping, Level
  • Lot Size Sq Ft: 71438.40
  • Lot Size Acres: 1.6400

Multi Family

  • Lot Size Area: 1.6400 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2021
Sold by
Morshedi Abdol Majid and Morshedi Christine
Bought by
Morshedi Abdol Majid and Morshedi Christine
Current Estimated Value
$1,293,393

Purchase Details

Listed on
Oct 3, 2011
Closed on
Feb 28, 2012
Sold by
Compoginis John and Compoginis Lura
Bought by
Morshedi Abdol Majid and Morshedi Christine
Seller's Agent
Angelique Lyle
Willis Allen Real Estate
Buyer's Agent
Maggie Rogan
UpCountri Homes & Estates
List Price
$710,000
Sold Price
$575,000
Premium/Discount to List
-$135,000
-19.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%

Purchase Details

Closed on
Jun 4, 2008
Sold by
Fornaseri John and Fornaseri Shirley
Bought by
Compoginis John and Compoginis Lura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.05%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 10, 1995
Sold by
Neudoerffer Kenneth E
Bought by
Fornaseri John and Fornaseri Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
7.59%

Purchase Details

Closed on
Jul 25, 1989
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
Morshedi Abdol Majid -- None Available
Morshedi Abdol Majid $575,000 Lawyers Title Insurance Co
Compoginis John $730,000 Chicago Title
Fornaseri John $315,000 Fidelity National Title
-- $277,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Compoginis John $325,500
Previous Owner Compoginis John $300,000
Previous Owner Fornaseri Shirley $205,000
Previous Owner Fornaseri John $109,445
Previous Owner Fornaseri John $273,000
Previous Owner Fornaseri John $236,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2012 04/12/12 Sold $575,000 -19.0% $225 / Sq Ft
03/13/2012 03/13/12 Pending -- -- --
10/03/2011 10/03/11 For Sale $710,000 -- $278 / 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 $8,050 $771,250 $383,393 $387,857
2024 $8,050 $756,128 $375,876 $380,252
2023 $7,816 $741,303 $368,506 $372,797
2022 $7,819 $726,769 $361,281 $365,488
2021 $7,554 $712,520 $354,198 $358,322
2020 $7,613 $705,215 $350,567 $354,648
2019 $7,460 $691,389 $343,694 $347,695
2018 $7,361 $677,833 $336,955 $340,878
2017 $7,276 $664,544 $330,349 $334,195
2016 $7,096 $651,515 $323,872 $327,643
2015 $6,984 $641,730 $319,008 $322,722
2014 $6,808 $625,161 $312,760 $312,401
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 110055338

California Regional Multiple Listing Service (CRMLS)

APN: 105-481-25