J
Seller's Agent in 2018
John Linthurst
HomeSmart Realty West
1535 Wilshire Rd Fallbrook, CA 92028
South Morro Hills NeighborhoodEstimated Value: $1,184,000 - $1,459,806
3
Beds
3
Baths
2,517
Sq Ft
$525/Sq Ft
Est. Value
Highlights
- Ocean View
- Cooling Available
- Combination Of Heating Systems
- 4.75 Acre Lot
- Solar Water Heater
About This Home
As of July 2018Working avocado ranch with well and organic certs. Also appears to have a City of Oceanside legal cannabis cultivation entitlement of up to 20,000 sq ft of greenhouse canopy. (Refer to city ordinance) Cap rates, multiplier, etc not functional in this scenario. Value in the land, tenants want to stay. Farm presently managed, fruit production records available. Well water. Quirky opportunity. Non conforming duplex. Permits questionable. Owner sort of a ‘mad scientist’ type resides elsewhere (see supplment Very private gated hill top acreage . Multiple natural pads, minimal grading. Large solar. Electrical runs to extended portions of property. Owner will carry a first T.D. for the entrepreneur who may have bank issues, provided down payment sizable. City Medical Cannabis ordinance in its infancy, and qualifications (many) subject to modification. http://www.ci.oceanside.ca.us/civicax/filebank/blobdload.aspx?blobid=47018, or for summary: http://www.ci.oceanside.ca.us/services/comms/mmac.asp. This is a highly unusual legal business opportunity duplex on the ground floor of a farm to dispensary movement that requires specialized zoning. Offering is subject to confirmation of written city entitlement (waiting), city permits, and state certification of potential new owners if such an endeavor is pursued. Neighborhoods: South Morro Hills Exterior: Wood/Stucco Other Fees: 0 Sewer: Septic Installed Number of Furnished Units: 0 Topography: ,RSLP,GSL,SSLP
Last Agent to Sell the Property
John Linthurst
HomeSmart Realty West License #00774786 Listed on: 04/16/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1974
Lot Details
- 4.75
Property Views
- Ocean
- Panoramic
Home Design
- Composition Roof
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Utilities
- Cooling Available
- Combination Of Heating Systems
Additional Features
- 2-Story Property
- Solar Water Heater
- 4.75 Acre Lot
Community Details
- 2 Units
- SMHA
Listing and Financial Details
- Assessor Parcel Number 1212020100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 7, 2023
Sold by
Burrell Steven B
Bought by
Steven Brent Burrell Trust and Burrell
Current Estimated Value
Purchase Details
Listed on
Apr 16, 2018
Closed on
Jun 7, 2018
Sold by
Dorp Folf Vom
Bought by
Burrell Steven B
Seller's Agent
John Linthurst
HomeSmart Realty West
Buyer's Agent
Daniela Marshall
Daniela Marshall Real Estate
List Price
$975,000
Sold Price
$975,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.03%
Original Mortgage
$455,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 25, 2009
Sold by
Vom Dorp Marja Lena Anda
Bought by
Vom Dorp Rolf
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.91%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jan 19, 2009
Sold by
Browne Marion
Bought by
Vom Dorp Rolf
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.91%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jan 9, 1995
Sold by
Moyer Jennie B
Bought by
Moyer Jennie B
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Steven Brent Burrell Trust | -- | None Listed On Document | |
| Burrell Steven B | $975,000 | Stewart Title Of California | |
| Vom Dorp Rolf | -- | California Counties Title Co | |
| Vom Dorp Rolf | $700,000 | California Counties Title Co | |
| Moyer Jennie B | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Burrell Steven B | $455,000 | |
| Previous Owner | Vom Dorp Rolf | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/05/2018 07/05/18 | Sold | $975,000 | 0.0% | $387 / Sq Ft |
| 06/09/2018 06/09/18 | Pending | -- | -- | -- |
| 04/16/2018 04/16/18 | For Sale | $975,000 | -- | $387 / 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 | $8,765 | $829,819 | $193,984 | $635,835 |
| 2024 | $8,765 | $827,274 | $203,905 | $623,369 |
| 2023 | $8,508 | $804,678 | $193,530 | $611,148 |
| 2022 | $8,368 | $789,223 | $190,056 | $599,167 |
| 2021 | $8,225 | $774,067 | $186,648 | $587,419 |
| 2020 | $8,154 | $765,556 | $184,156 | $581,400 |
| 2019 | $7,997 | $750,103 | $180,103 | $570,000 |
| 2018 | $6,659 | $614,778 | $74,000 | $540,778 |
| 2017 | $6,532 | $603,076 | $72,899 | $530,177 |
| 2016 | $6,375 | $590,913 | $71,128 | $519,785 |
| 2015 | $6,293 | $582,291 | $70,310 | $511,981 |
| 2014 | $6,225 | $570,592 | $68,636 | $501,956 |
Source: Public Records
Agents Affiliated with this Home
-
-
Daniela Marshall
Buyer's Agent in 2018
Daniela Marshall
Daniela Marshall Real Estate
(760) 809-3003
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: 180019667
APN: 121-202-01
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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