NOT LISTED FOR SALE

173 Morro Hills Rd Fallbrook, CA 92028

Estimated Value: $1,280,000 - $1,524,000

3 Beds
3.5 Baths
2,942 Sq Ft
$480/Sq Ft Est. Value

Last Sold January 03, 2018

Last sale price $750,000 $255 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $8,132/month

71 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Great Room
  • 2.45 Acre Lot
  • Fireplace in Primary Bedroom
  • Home Office

About This Home

As of January 2018

Gated Adobe with guest house,WELLl & view! Long driveway to the home and guest house. Wrought iron gate welcomes you into the lovely courtyard. Located on 2.45 acres with older orange trees. So charming with 3 fireplaces, pool and privacy.Lots of used brick thru-out Large Barn/Workshop, office, both with heat & air. Appt. only with agent. Exterior water has AG rate. Guest house an additional approx. 500 sf. with full kitchen. Ideal for a Boutique winery. Well waters all outside foliage. Neighborhoods: MORRO HILLS Architectural Style: Monterey/Hacienda/Adobe View: Monterey/Hacienda/Adobe Equipment: Pool/Spa/Equipment, Range/Oven Other Fees: 0 Sewer: Septic Installed Topography: LL,GSL Bed 2 Dimension: 14X13 Bed 3 Dimension: GUEST Dining Room Dimen: 18X13 Extra Room 1 Dim: 8X9 Family Room Dim: 19X14 Kitchen Dim: 9X20 Living Room Dim: 21X17 Master Bedroom Dim: 23X15 Guest House Est. SQFT: 500

Last Agent to Sell the Property

Geri Sides

North San Diego County Association of REALTORS(r) License #00414751 Listed on: 08/16/2017

North San Diego County Association of REALTORS(r)

Last Buyer's Agent

William Shaw

Shaw Real Estate, Inc. License #00457120

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 2.45 Acre Lot
  • Partially Fenced Property
  • Sprinkler System
  • Property is zoned A70

Home Design

  • Adobe

Interior Spaces

  • 2,942 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Workshop
  • Carpet
  • Mountain Views

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Carport
  • Parking Available
  • Guest Parking

Outdoor Features

  • In Ground Pool
  • Slab Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1211413000

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: MORRO HILLS
  • View: Yes
  • Zoning: A70
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1211413000
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2942.00
  • Stories: 1
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: One
  • Price Per Square Foot: 254.93
  • Room Type: Main Floor Bedroom, Family Room, Great Room, Main Floor Master Bedroom, Office, Workshop

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Partial
  • Patio And Porch Features: Slab
  • Pool Features: In Ground
  • Pool Private: No
  • Construction Materials: Adobe

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport, Guest
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Propane Water Heater, Dishwasher, Disposal, Refrigerator
  • Heating Type: Propane, Forced Air
  • Laundry Features: Electric Dryer Hookup, Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Features: Sprinkler System
  • Lot Size Acres: 2.4500

Multi Family

  • Lot Size Area: 2.4500 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2017
Closed on
Dec 12, 2017
Sold by
Sanchez Ray L
Bought by
Perry Benjamin H and Perry Suzanne Marie
Seller's Agent
Geri Sides
North San Diego County Association of REALTORS(r)
Buyer's Agent
William Shaw
Shaw Real Estate, Inc.
List Price
$825,000
Sold Price
$750,000
Premium/Discount to List
-$75,000
-9.09%
Current Estimated Value
$1,412,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$662,418
Avg. Annual Appreciation
8.26%
Original Mortgage
$562,500
Outstanding Balance
$473,698
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$938,720

Purchase Details

Listed on
Aug 16, 2017
Closed on
Nov 14, 2017
Sold by
Cagigas Eva A
Bought by
Sanchez Ray L
Seller's Agent
Geri Sides
North San Diego County Association of REALTORS(r)
Buyer's Agent
William Shaw
Shaw Real Estate, Inc.
List Price
$825,000
Sold Price
$750,000
Premium/Discount to List
-$75,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Outstanding Balance
$473,698
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$938,720

Purchase Details

Closed on
Apr 8, 2004
Sold by
Sanchez Ray L and Sanchez Victoria O
Bought by
Sanchez Ray L and Cagigas Eva A

Purchase Details

Closed on
Nov 21, 2001
Sold by
Sanchez Ray L and Sanchez Victoria O
Bought by
Sanchez Ray L and Sanchez Victoria O

Purchase Details

Closed on
Aug 3, 2001
Sold by
Franich Karen K and Oldham Sally
Bought by
Sanchez Ray L and Sanchez Victoria O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
7.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 27, 2000
Sold by
Osborne Judy
Bought by
Oldham Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
8.67%
Mortgage Type
Commercial

Purchase Details

Closed on
May 8, 2000
Sold by
Stickney Family Trust 10-25-93 and Henry Herbert Henry
Bought by
Franich Karen K and Oldham Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
8.67%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Perry Benjamin H $750,000 Ticor Title San Diego
Sanchez Ray L -- Accommodation
Sanchez Ray L -- Ticor Title Company-Glendale
Sanchez Ray L -- Ticor Title Company
Sanchez Ray L -- --
Sanchez Ray L $620,000 First American Title
Oldham Sally -- First American Title
Franich Karen K $568,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry Benjamin H $562,500
Previous Owner Sanchez Ray L $465,000
Previous Owner Franich Karen K $284,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2018 01/03/18 Sold $750,000 -9.1% $255 / Sq Ft
10/26/2017 10/26/17 Pending -- -- --
08/16/2017 08/16/17 For Sale $825,000 -- $280 / 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 $9,045 $853,367 $341,347 $512,020
2024 $9,045 $836,635 $334,654 $501,981
2023 $8,761 $820,232 $328,093 $492,139
2022 $8,764 $804,150 $321,660 $482,490
2021 $8,470 $788,383 $315,353 $473,030
2020 $8,535 $780,300 $312,120 $468,180
2019 $8,367 $765,000 $306,000 $459,000
2018 $8,830 $804,966 $259,664 $545,302
2017 $8,658 $789,183 $254,573 $534,610
2016 $8,444 $773,710 $249,582 $524,128
2015 $8,311 $762,090 $245,834 $516,256
2014 $8,153 $747,163 $241,019 $506,144
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 170043092

California Regional Multiple Listing Service (CRMLS)

APN: 121-141-30