NOT LISTED FOR SALE

1636 Pala Lake Dr Fallbrook, CA 92028

Estimated Value: $456,000 - $532,000

2 Beds
1.5 Baths
1,432 Sq Ft
10.87 Acres Lot

Sale Details

Date Sold: May 22, 2019

Last sale price $325,000 $227 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,402 / mo

74 Days on Market

Highlights

  • Heated Pool
  • Mountain View
  • Covered Patio or Porch
  • 10.87 Acre Lot
  • Private Yard
  • 1 Car Attached Garage

About This Home

As of May 2019

Single level home located in the highly sought after Pala Mesa Resort overlooking the rolling hills of Southern California’s most challenging golf courses. Quiet location with no neighbors above or below, and VIEWS forever from the private back patio. Set at the top of a hill, the Pala Mesa golf course sits well below the home and gives you panoramic views of the hills that surround you. Enter to the wide open floor plan with kitchen open to a spacious family room with fireplace. 2 bedrooms, each with their own bath, including master suite with luxury 5 piece master bath and sliding door access to the back yard. Turnkey home features new tile, new carpet and new paint. Full 1 car garage plus golf cart garage. Resort style living in this golf course community features pool and tennis courts. Great value in this home located near freeway access for easy commutes to San Diego, Riverside and Orange counties.

Last Agent to Sell the Property

Goran Forss

Team Forss Realty Group License #01711806 Listed on: 01/21/2019

Co-Listed By

Matt Tibbetts

Team Forss Realty Group License #01911091

Last Buyer's Agent

Darrell Keliinoi

Century 21 Affiliated License #01247150

Century 21 Affiliated

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1980

Lot Details

  • No Common Walls
  • Private Yard

HOA Fees

  • $413 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Property Views

  • Mountain
  • Hills
  • Valley

Interior Spaces

  • 1,432 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Dishwasher
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub

Pool

  • Heated Pool
  • Spa

Additional Features

  • Covered Patio or Porch
  • Central Air

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 8536
  • Assessor Parcel Number 1084111022

Community Details

Overview

  • 136 Units
  • Pala Mesa Villas Association, Phone Number (760) 724-2001

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 1980

Lot Details

10.87 Acres

HOA Fees

$413 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 1084111022
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1432.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 226.96
  • Room Type: Kitchen, Living Room
  • Spa Features: Community
  • Bathroom Features: Bathtub, Double Sinks In Master Bath

Exterior Features

  • Patio: Yes
  • View: Hills, Mountain(s), Valley
  • Patio And Porch Features: Concrete, Covered
  • Pool Features: Community, Heated
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Garage Faces Front
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 413.00
  • Association Fee Frequency: Monthly
  • Association Name: Pala Mesa Villas
  • Phone: 760 724-2001
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 473309.00
  • Lot Size Acres: 10.8657

Multi Family

  • Lease Considered: No
  • Lot Size Area: 473309.0000 Square Feet
  • Number Of Units In Community: 136
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 188.02
  • Tax Lot: 11
  • Tax Tract Number: 8536

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2019
Closed on
Apr 10, 2019
Sold by
Maxcy Joanne
Bought by
Cobb Monae C
Seller's Agent
Goran Forss
Team Forss Realty Group
Buyer's Agent
Darrell Keliinoi
Century 21 Affiliated
List Price
$365,000
Sold Price
$325,000
Premium/Discount to List
-$40,000
-10.96%
Current Estimated Value
$504,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,531
Avg. Annual Appreciation
6.53%
Original Mortgage
$327,692
Outstanding Balance
$286,323
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$218,208

Purchase Details

Closed on
Jun 11, 2007
Sold by
Banegas Joanne and Maxcy Joanne
Bought by
Maxcy Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.41%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 24, 2005
Sold by
Maxcy Howard K and Banegas Joanne
Bought by
Banegas Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 17, 1997
Sold by
Foell Beverly W Trust 01-23-86 and Wade Beverly Wade
Bought by
Banegas Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,200
Interest Rate
7.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 1993

Purchase Details

Closed on
Oct 1, 1991

Purchase Details

Closed on
Aug 28, 1990

Purchase Details

Closed on
May 2, 1989

Purchase Details

Closed on
Jan 27, 1984
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
Cobb Monae C $325,000 Lawyers Title Company
Maxcy Joanne -- Chicago Title
Banegas Joanne -- Southland Title
Banegas Joanne $108,000 American Title Company
-- $125,000 --
-- $145,000 --
-- $120,000 --
-- $143,000 --
-- $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cobb Monae C $327,692
Previous Owner Maxcy Joanne $205,000
Previous Owner Banegas Joanne $185,000
Previous Owner Banegas Joanne $97,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2019 05/22/19 Sold $325,000 0.0% $227 / Sq Ft
04/05/2019 04/05/19 Pending -- -- --
03/18/2019 03/18/19 Price Changed $325,000 -1.5% $227 / Sq Ft
03/12/2019 03/12/19 Price Changed $329,900 -1.5% $230 / Sq Ft
03/06/2019 03/06/19 Price Changed $335,000 -6.7% $234 / Sq Ft
02/21/2019 02/21/19 Price Changed $359,000 -1.6% $251 / Sq Ft
01/21/2019 01/21/19 For Sale $365,000 -- $255 / 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 $3,768 $362,535 $151,043 $211,492
2024 $3,768 $355,428 $148,082 $207,346
2023 $3,648 $348,460 $145,179 $203,281
2022 $3,649 $341,629 $142,333 $199,296
2021 $3,530 $334,932 $139,543 $195,389
2020 $3,559 $331,499 $138,113 $193,386
2019 $1,724 $154,566 $64,397 $90,169
2018 $1,699 $151,536 $63,135 $88,401
2017 $1,666 $148,566 $61,898 $86,668
2016 $1,622 $145,654 $60,685 $84,969
2015 $1,591 $143,467 $59,774 $83,693
2014 $1,562 $140,658 $58,604 $82,054
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW19012751

California Regional Multiple Listing Service (CRMLS)

APN: 108-411-10-22

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