NOT LISTED FOR SALE

1531 Malaga Way Fallbrook, CA 92028

Fallbrook Area

Estimated Value: $882,000 - $937,564

4 Beds
3.5 Baths
2,032 Sq Ft
$450/Sq Ft Est. Value

Sale Details

Date Sold: September 17, 2021

Last sale price $800,000 $394 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,613 / mo

4 Days on Market

Highlights

  • Detached Guest House
  • Mountain View
  • Great Room
  • Two Primary Bedrooms
  • Maid or Guest Quarters
  • Breakfast Area or Nook

About This Home

As of September 2021

RARE FIND IN FALLBROOK ... REMODELED SINGLE STORY HOME WITH DETACHED GUEST HOUSE ...This home is located in highly desired custom-home neighborhood on a quiet cul-de-sac in the South Fallbrook area. The property has a 580 sq.ft. 1 bed, 1 bath guest house with kitchenette, living room and washer & dryer. The main house is 1,450 sq.ft 3 bed, 2.5 bath with an oversized 2 car attached garage and sits on over a quarter of an acre. The backyard is fully fenced with a large (20x12) built in outdoor gazebo with water and power. Low tax and no HOA.

Last Agent to Sell the Property

Louie Zember

Zember Realty Group License #01922973 Listed on: 08/12/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003 | Remodeled

Lot Details

  • 12,501 Sq Ft Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Chain Link Fence
  • Sprinkler System
  • Property is zoned R-1:SINGLE

Parking

  • 2 Car Attached Garage
  • Driveway
  • RV Potential

Home Design

  • Turnkey
  • Additions or Alterations
  • Flat Tile Roof
  • Wood Siding

Interior Spaces

  • 2,032 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • Great Room
  • Family Room
  • Formal Dining Room
  • Mountain Views
  • Security System Owned

Kitchen

  • Breakfast Area or Nook
  • Double Convection Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer

Additional Homes

  • Detached Guest House
  • 580 SF Accessory Dwelling Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 104-371-21-00

Home Details

Home Type

Single Family

Year Built

Built in 2003 | Remodeled

Lot Details

0.29 Acres

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Property Condition: Additions/Alterations, Turnkey, Updated/Remodeled
  • Market Area: North County
  • Cross Street: Rocky Crest and S. Mission Rd
  • Neighborhood: Fallbrook
  • Estimated Living Space: 2,000 to 2,499 SqFt
  • LP / Sq Ft: 381.35
  • Price Per Sq Ft: 393.7
  • SP/ Sq Ft: 393.7
  • Stories: 1 Story
  • Stories In Building: 1
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 2003
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Disposal, Dryer, Convection Oven, Double Oven
  • Searchable Rooms: Bedroom Entry Level, Breakfast Area, Dining Area, Dining Room/Separate, Family Room, Great Room, Guest Maid, Master Bdrm 2
  • Total Bedrooms: 4
  • Bedrooms: 4
  • Master Bedroom Dimensions: 15x12
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 2032
  • Total Bathrooms: 4

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial, Chain Link
  • Guest House: Detached
  • Roof: Flat Tile
  • View: Mountains/Hills
  • Guest House Sq Ft: 580

Garage/Parking

  • Parking for RV: Potential Space
  • Garage Details: Attached
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Parking Spaces Total: 7

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Gas
  • Security: Eqpt Owned
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas
  • Telecommunications: Security, Wired High Speed Internet

Condo/Co-op/Association

  • Community: FALLBROOK

Lot Info

  • Irrigation: Sprinklers
  • Lot Size: .25 to .5 AC
  • Site: Cul-De-Sac, Curbs
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 104-371-21-00
  • Estimated Lot Sq Ft: 12501
  • Estimated Number of Acres: 0.29
  • Other Structures: Guest House
  • Map Code Column: F
  • Map Code Page: 1027
  • Map Code Row: 5

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Aug 24, 2021
Sold by
Bought by
Seller's Agent
Louie Zember
Zember Realty Group
List Price
$774,900
Sold Price
$800,000
Premium/Discount to List
$25,100
3.24%
Current Estimated Value
$915,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,141
Avg. Annual Appreciation
2.81%
Original Mortgage
$640,000
Outstanding Balance
$568,477
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$346,664

Purchase Details

Closed on
Sep 6, 2018
Sold by
Bought by

Purchase Details

Listed on
May 27, 2016
Closed on
Jul 6, 2016
Sold by
Bought by
Seller's Agent
Brian Richard
Realty One Group West
Buyer's Agent
Frank Galante
Galante Real Estate
List Price
$349,900
Sold Price
$349,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.00%
Original Mortgage
$279,920
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 27, 2016
Closed on
Jun 23, 2016
Sold by
Bought by
Seller's Agent
Brian Richard
Realty One Group West
Buyer's Agent
Frank Galante
Galante Real Estate
List Price
$349,900
Sold Price
$349,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,920
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2015
Sold by
Bought by

Purchase Details

Closed on
Aug 18, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,800
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 17, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2003
Sold by
Bought by

Purchase Details

Closed on
Oct 24, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
6.63%

Purchase Details

Closed on
Apr 16, 1984
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$800,000 Usa National Title Company
-- None Available
-- Title365 Company
$350,000 Title 365
$355,000 None Available
-- United Title Company
-- Accommodation
-- Chicago Title
-- Chicago Title
-- --
$110,000 First American Title
$33,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $640,000
Previous Owner $110,000
Previous Owner $279,920
Previous Owner $54,000
Previous Owner $432,000
Previous Owner $449,800
Previous Owner $78,000
Previous Owner $342,000
Previous Owner $82,000
Previous Owner $280,000
Previous Owner $82,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2021 09/17/21 Sold $800,000 +3.2% $394 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $774,900 +121.5% $381 / Sq Ft
06/28/2016 06/28/16 Sold $349,900 0.0% $242 / Sq Ft View Prior Sale
06/16/2016 06/16/16 Pending -- -- --
05/27/2016 05/27/16 For Sale $349,900 -- $242 / Sq Ft
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,080 $865,942 $419,857 $446,085
2025 $8,863 $848,964 $411,625 $437,339
2024 $8,863 $832,318 $403,554 $428,764
2023 $8,594 $815,999 $395,642 $420,357
2022 $8,594 $800,000 $387,885 $412,115
2021 $4,068 $378,907 $194,867 $184,040
2020 $4,102 $375,022 $192,869 $182,153
2019 $4,025 $367,670 $189,088 $178,582
2018 $3,964 $360,462 $185,381 $175,081
2017 $3,887 $353,396 $181,747 $171,649
2016 $3,828 $350,000 $180,000 $170,000
2015 $4,174 $390,000 $130,000 $260,000
2014 $4,176 $390,000 $130,000 $260,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Louie Zember

    Zember Realty Group

    Section Image

  • B

    Seller's Agent in 2016

    Brian Richard

    Realty One Group West

    (760) 603-8216

    20 Total Sales

    Brian Richard
    Section Image

  • F

    Buyer's Agent in 2016

    Frank Galante

    Galante Real Estate

See All Agents

Map

Source: San Diego MLS

MLS Number: 210022887

San Diego MLS

APN: 104-371-21

California San Diego County Fallbrook 92028

1531 Malaga Way, Fallbrook, CA

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