NOT LISTED FOR SALE

185 S Mercedes Rd Fallbrook, CA 92028

Estimated Value: $750,130 - $904,000

3 Beds
2 Baths
1,620 Sq Ft
$494/Sq Ft Est. Value

Last Sold September 13, 2021

Last sale price $640,000 $395 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,736/month

4 Days on Market

Highlights

  • City Lights View
  • Open Floorplan
  • No HOA
  • La Paloma Elementary School Rated 9+
  • Cathedral Ceiling
  • Covered Patio or Porch

About This Home

As of September 2021

This is the first time this gorgeous home has been on the market. It's at the end of a culdesac. Very roomy, light and bright with large family room/living room open to the kitchen. Short wide hallway opens up to the bedrooms. Master bedroom is huge. Mirrored closet doors in all bedrooms. Separate laundry area, laundry tub in garage. Nice patio off kitchen and a large side yard.

Last Agent to Sell the Property

Carol Osgrove

Carol Ann Osgrove, Broker License #00429789 Listed on: 08/07/2021

Last Buyer's Agent

Phyllis Harbert

Network Alliance Real Estate License #00955599

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 6,098 Sq Ft Lot
  • Northeast Facing Home
  • Fenced
  • Fence is in average condition
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Attached Garage

Home Design

  • Turnkey
  • Cosmetic Repairs Needed
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • City Lights Views
  • Alarm System
  • Laundry Room

Kitchen

  • Open to Family Room
  • Tile Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Fallbrook Elementary School
  • Potter Middle School
  • Fallbrook High School

Additional Features

  • Covered Patio or Porch
  • Suburban Location
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Tract Number 75002
  • Assessor Parcel Number 1054460600

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Wired for Alarm System
  • View: Yes
  • Zoning: R-1
  • Property Condition: Repairs Cosmetic, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1054460600
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1620.00
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Open Floorplan, Tile Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 395.06
  • Room Type: Laundry, Living Room
  • Bathroom Features: Double Sinks In Master Bath
  • Room Kitchen Features: Kitchen Open To Family Room, Tile Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: Northeast
  • Foundation: Concrete Perimeter
  • View: City Lights
  • Fence: Yes
  • Fencing: Average Condition
  • Patio And Porch Features: Concrete, Covered, Patio, Slab
  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Schools

  • Elementary School: Fallbrook
  • High School: Fallbrook
  • Middle Or Junior School: Potter
  • Elementary School #2: FALLBR
  • High School2: FALLBR

Lot Info

  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6098.40
  • Lot Size Acres: 0.1400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.1400 Acres
  • Number Of Units In Community: 15

Tax Info

  • Tax Tract Number: 75002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2021
Closed on
Aug 12, 2021
Sold by
Smithson Agnes M and Agnes M Smithson Family Trust
Bought by
Searcy Nathan and Brock Kelsey
Seller's Agent
Carol Osgrove
Carol Ann Osgrove, Broker
Buyer's Agent
Phyllis Harbert
Network Alliance Real Estate
List Price
$625,000
Sold Price
$640,000
Premium/Discount to List
$15,000
2.4%
Current Estimated Value
$799,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,533
Avg. Annual Appreciation
5.24%
Original Mortgage
$640,000
Outstanding Balance
$581,081
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$218,452

Purchase Details

Closed on
Feb 9, 1998
Sold by
Smithson Agnes M
Bought by
Smithson Agnes M
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
Searcy Nathan $640,000 Ticor Title Insurance Co
Smithson Agnes M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Searcy Nathan $640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2021 09/13/21 Sold $640,000 +2.4% $395 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
08/07/2021 08/07/21 For Sale $625,000 -- $386 / 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 $7,146 $679,170 $230,566 $448,604
2024 $7,146 $665,854 $226,046 $439,808
2023 $6,933 $652,799 $221,614 $431,185
2022 $6,937 $640,000 $217,269 $422,731
2021 $2,558 $243,735 $82,744 $160,991
2020 $2,580 $241,237 $81,896 $159,341
2019 $2,532 $236,508 $80,291 $156,217
2018 $2,492 $231,871 $78,717 $153,154
2017 $2,442 $227,325 $77,174 $150,151
2016 $2,379 $222,868 $75,661 $147,207
2015 $2,334 $219,521 $74,525 $144,996
2014 $2,289 $215,222 $73,066 $142,156
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2109287

California Regional Multiple Listing Service (CRMLS)

APN: 105-446-06