NOT LISTED FOR SALE

150 Palmas Norte Fallbrook, CA 92028

Estimated Value: $1,041,000 - $1,238,000

3 Beds
3 Baths
2,080 Sq Ft
$531/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $955,000 $459 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,676/month

20 Days on Market

Highlights

  • Detached Guest House
  • RV Access or Parking
  • Automatic Gate
  • In Ground Pool
  • Primary Bedroom Suite
  • View of Trees or Woods

About This Home

As of March 2022

From the moment you arrive, you will absolutely fall in love with this gorgeous expansive property. Resting atop the sloping grounds lies a single story beauty with character and charisma to spare. This 3 bedroom 3 bath home is sure to impress anyone looking for a gated, quiet, private escape from the hustle and bustle of the city. Alongside the detached 2 car garage you will find a large storage unit and a guest house/casita with an extra bed and bath! This property offers solar panels, plenty of space to park your RV, boat, or toys, and a tranquil pool with spa.. get ready to kick back, spread out and enjoy!

Last Agent to Sell the Property

Joshua Thieme

First Team Real Estate License #01966133 Listed on: 01/21/2022

First Team Real Estate

Last Buyer's Agent

Raffe Ashkarian

Realty One Group Pacific License #02091877

Realty One Group Pacific

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 1.23

Parking

  • 2 Car Garage
  • 5 Open Parking Spaces
  • Parking Available
  • Two Garage Doors
  • Circular Driveway
  • Automatic Gate
  • RV Access or Parking

Property Views

  • Woods
  • Mountain

Interior Spaces

  • 2,080 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Central Air
  • Conventional Septic

Additional Features

  • In Ground Pool
  • 1.23 Acre Lot
  • Detached Guest House

Listing and Financial Details

  • Tax Lot 4252
  • Tax Tract Number 4252
  • Assessor Parcel Number 1054734300
  • $6,517 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Fallbrook Subdivision

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Automatic Gate
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1054734300
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2080.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 459.13
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite

Exterior Features

  • Other Structures: Guest House Detached
  • View: Mountain(s), Trees/Woods
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Circular Driveway, Garage, Garage - Two Door, Gated, RV Access/Parking
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 53579.00
  • Lot Size Acres: 1.2300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 53579.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 4252
  • Tax Tract Number: 4252
  • TaxOtherAnnualAssessmentAmount: 6516.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Feb 15, 2022
Sold by
Barrera Joan Martin
Bought by
Pratt Kathleen A
Seller's Agent
Joshua Thieme
First Team Real Estate
Buyer's Agent
Raffe Ashkarian
Realty One Group Pacific
List Price
$899,000
Sold Price
$955,000
Premium/Discount to List
$56,000
6.23%
Current Estimated Value
$1,104,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,644
Avg. Annual Appreciation
3.88%

Purchase Details

Listed on
Dec 4, 2014
Closed on
Feb 5, 2015
Sold by
Oliver Raymond E
Bought by
Barrera Richard Wayne and Barrera Joan Martin
Seller's Agent
Della Wells
Sunshine Properties RealEstate
Buyer's Agent
Bill Arant
tenXrealty
List Price
$569,500
Sold Price
$569,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$569,997
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Nov 13, 2014
Sold by
Oliver Thomas J
Bought by
Oliver Raymond E

Purchase Details

Listed on
Jan 22, 2013
Closed on
Dec 31, 2012
Sold by
Nelson Kristin Marie
Bought by
Oliver Thomas J
Seller's Agent
Della Wells
Sunshine Properties RealEstate
Buyer's Agent
Della Wells
Sunshine Properties RealEstate
List Price
$454,000
Sold Price
$454,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%

Purchase Details

Closed on
Nov 18, 2003
Sold by
Stevens Jeffry L and Stevens Linda B
Bought by
Enriquez Frank and Enriquez Sandra L

Purchase Details

Closed on
Mar 12, 2002
Sold by
Gibbons Carol K
Bought by
Stevens Jeffry L and Stevens Linda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6.85%

Purchase Details

Closed on
Dec 28, 2001
Sold by
Funkhouser John D and Funkhouser Marjorie A
Bought by
Gibbons Carol K

Purchase Details

Closed on
Aug 16, 1988
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
Pratt Kathleen A $955,000 Ticor Title
Barrera Richard Wayne $569,500 Fidelity National Title
Oliver Raymond E -- Fidelity National Title
Oliver Thomas J -- Stewart Title
Oliver Raymond E $454,000 Stewart Title
Enriquez Frank $450,000 Commonwealth Land Title Co
Stevens Jeffry L $395,000 --
Gibbons Carol K $390,000 Chicago Title
-- $229,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barrera Richard Wayne $569,997
Previous Owner Stevens Jeffry L $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2022 03/04/22 Sold $955,000 +6.2% $459 / Sq Ft
02/10/2022 02/10/22 Pending -- -- --
02/10/2022 02/10/22 Price Changed $899,000 0.0% $432 / Sq Ft
02/10/2022 02/10/22 For Sale $899,000 +12.5% $432 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $799,000 +40.3% $384 / Sq Ft
02/27/2015 02/27/15 Sold $569,500 0.0% $239 / Sq Ft View Prior Sale
12/16/2014 12/16/14 Pending -- -- --
12/04/2014 12/04/14 For Sale $569,500 +25.4% $239 / Sq Ft
01/23/2013 01/23/13 Sold $454,000 0.0% $218 / Sq Ft View Prior Sale
01/22/2013 01/22/13 Pending -- -- --
01/22/2013 01/22/13 For Sale $454,000 -- $218 / 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 $10,656 $1,013,453 $329,946 $683,507
2024 $10,656 $993,582 $323,477 $670,105
2023 $9,838 $927,000 $301,000 $626,000
2022 $7,000 $644,968 $209,980 $434,988
2021 $11,714 $632,322 $205,863 $426,459
2020 $13,213 $625,840 $203,753 $422,087
2019 $13,077 $613,569 $199,758 $413,811
2018 $12,971 $601,540 $195,842 $405,698
2017 $750 $589,746 $192,002 $397,744
2016 $12,662 $578,184 $188,238 $389,946
2015 $4,990 $465,172 $151,445 $313,727
2014 $4,894 $456,061 $148,479 $307,582
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22012688

California Regional Multiple Listing Service (CRMLS)

APN: 105-473-43