NOT LISTED FOR SALE

1603 Parvenu Ln Fallbrook, CA 92028

Estimated Value: $806,000 - $874,000

3 Beds
2 Baths
1,710 Sq Ft
$487/Sq Ft Est. Value

Last Sold July 27, 2023

Last sale price $716,000 $419 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,039/month

8 Days on Market

Highlights

  • Parking available for a boat
  • Pasture Views
  • Workshop
  • Community Stables
  • No HOA
  • Walk-In Pantry

About This Home

As of July 2023

Situated in a prime location, this remarkable property boasts almost 1 acre of scenic hilltop land, right in the heart of Fallbrook. With a charming single-story 3 bedroom, 2 bath home and a workshop, this is an opportunity not to be missed. Priced competitively for a quick sale, it presents an incredible value.

Step inside to discover a thoughtfully designed layout that seamlessly blends functionality and entertainment. The residence features two spacious living rooms, a dining room, and a well-connected kitchen, creating an inviting space for gatherings and socializing. A convenient walk-in pantry enhances the kitchen's practicality, while the Country Comfort brick fireplace adds a touch of rustic elegance.

Each bedroom is equipped with ceiling fans to ensure comfort year-round. The master bedroom impresses with its two closets and a generously sized en-suite bathroom, offering picturesque views of the backyard and the workshop. The third bedroom, complete with an extra large closet and sliding door access to the back patio, presents an excellent opportunity for rental income or versatile use.

Large windows grace every room, welcoming ample natural light and accentuating the open ambiance. The oversized 2-car garage comes equipped with cabinets, shelving, and an extra large deep freezer, catering to your storage needs. Additionally, the property features a shed, providing even more space for your belongings.

Nestled near the end of the road, the nearly 1-acre plot offers privacy and tranquility amidst lush foliage. The expansive workshop/spare garage 18x24=432 sqft., with its own driveway entrance, is a hidden gem that accommodates RVs and boats. This property truly exemplifies endless possibilities and serenity.

While some tender loving care is needed, this home is being sold in its as-is condition, allowing you the freedom to personalize and make it your own. A convenient drive will take you to Fallbrook High School, James E Potter Junior High, and the vibrant downtown Fallbrook scene, ensuring easy access to amenities and entertainment.

Whether you're starting a family or embarking on a blissful retirement, this is the dream home you've been searching for. Act swiftly, as opportunities like this are rare and highly sought-after. Don't miss your chance to call 1603 Parvenu Lane home. Contact us today to arrange a viewing before it's gone!

Last Agent to Sell the Property

Charles Sommer

Sommer Realty License #01434853 Listed on: 06/19/2023

Co-Listed By

Chaz Sommer

Sommer Realty License #02091496

Last Buyer's Agent

Chaz Sommer

Sommer Realty License #02091496

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,680

Year Built

  • Built in 1976

Lot Details

  • 0.89 Acre Lot
  • Rural Setting
  • Partially Fenced Property
  • Fence is in average condition
  • Density is up to 1 Unit/Acre
  • Property is zoned RR

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Driveway
  • Uncovered Parking
  • Parking available for a boat
  • RV Access or Parking

Property Views

  • Pasture
  • Hills
  • Neighborhood

Home Design

  • Entry on the 1st floor
  • Cosmetic Repairs Needed

Interior Spaces

  • 1,710 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Workshop

Kitchen

  • Walk-In Pantry
  • Convection Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Open Patio
  • Rear Porch

Schools

  • Potter Middle School
  • Fallbrook High School

Utilities

  • No Heating
  • 220 Volts in Garage
  • 220 Volts in Workshop
  • Conventional Septic

Additional Features

  • Accessible Parking
  • Suburban Location

Listing and Financial Details

  • Tax Lot 4220
  • Tax Tract Number 4220
  • Assessor Parcel Number 1063802800
  • $37 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Foothills
  • Mountainous Community

Recreation

  • Community Stables

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,680

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: RR
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1063802800
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1710.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Entry Location: Ground
  • Common Walls: No Common Walls
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 418.71
  • Room Type: All Bedrooms Down, Workshop
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Hills, Neighborhood, Pasture
  • Fence: Yes
  • Fencing: Average Condition, Partial
  • Patio And Porch Features: Patio Open, Rear Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Boat, Driveway, Asphalt, Paved, Garage, Garage Faces Front, Garage - Two Door, On Site, Oversized, RV Access/Parking, RV Potential, Uncovered
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: No
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher
  • Electric: 220 Volts in Garage, 220 Volts in Workshop
  • Laundry Features: In Garage
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Mountainous, Stable(s), Rural, Suburban

Schools

  • School District: Fallbrook Union
  • Middle School: Potter
  • High School: Fallbrook
  • High School: Fallbrook
  • Middle Or Junior School: Potter
  • High School2: FALLBR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 38768.00
  • Lot Size Acres: 0.8900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 38768.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 189.06
  • Tax Lot: 4220
  • Tax Tract Number: 4220
  • TaxOtherAnnualAssessmentAmount: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2023
Closed on
Jul 27, 2023
Sold by
Mcgeoy Scott S
Bought by
Flores Kevin C Izazaga and Sarate Socorro Hisasaga
Seller's Agent
Charles Sommer
Sommer Realty
Buyer's Agent
Chaz Sommer
Sommer Realty
List Price
$699,900
Sold Price
$716,000
Premium/Discount to List
$16,100
2.3%
Views
85
Current Estimated Value
$832,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,868
Avg. Annual Appreciation
6.05%
Original Mortgage
$703,031
Interest Rate
6.69%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 1995
Sold by
Crellin Raymond James
Bought by
Mcgeoy Scott S and Mcgeoy Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
8.43%

Purchase Details

Closed on
Aug 12, 1991

Purchase Details

Closed on
Apr 18, 1986
Source: Public Records

Range of Values:

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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
Flores Kevin C Izazaga $716,000 Fidelity National Title
Mcgeoy Scott S $170,000 Orange Coast Title Company
-- $164,400 --
-- $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Kevin C Izazaga $708,131
Closed Flores Kevin C Izazaga $703,031
Previous Owner Mcgeoy Scott S $74,676
Previous Owner Mcgeoy Scott S $124,000
Previous Owner Mcgeoy Scott S $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2023 07/27/23 Sold $716,000 +2.3% $419 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/19/2023 06/19/23 For Sale $699,900 -- $409 / 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 $7,680 $730,320 $504,900 $225,420
2024 $7,680 $716,000 $495,000 $221,000
2023 $2,936 $274,429 $96,941 $177,488
2022 $2,937 $269,049 $95,041 $174,008
2021 $2,838 $263,775 $93,178 $170,597
2020 $2,860 $261,071 $92,223 $168,848
2019 $2,804 $255,953 $90,415 $165,538
2018 $2,762 $250,936 $88,643 $162,293
2017 $750 $246,016 $86,905 $159,111
2016 $2,639 $241,193 $85,201 $155,992
2015 $2,598 $237,571 $83,922 $153,649
2014 $2,549 $232,919 $82,279 $150,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW23104777

California Regional Multiple Listing Service (CRMLS)

APN: 106-380-28