NOT LISTED FOR SALE

1850 E Alvarado St Fallbrook, CA 92028

Estimated Value: $626,000 - $908,000

2 Beds
1.5 Baths
1,338 Sq Ft
$577/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $340,500 $254 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $4,361/month

28 Days on Market

Highlights

  • Custom Home
  • Fireplace in Primary Bedroom
  • Private Yard
  • View of Trees or Woods
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of June 2019

**HUD HOME**PRICE REDUCED **1944 Adobe style home located on 1+ acre of land in the heart of Fallbrook. Single story home with Open living room and Dining area, Fireplace in living room and master bedroom. Formal entry and den. Disclosures: Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please refer to website for additional information regarding flood zones and insurance, State law requires Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity, Repairs exceed $10,000. Repairs may include but not limited to structure, electrical, roof, HVAC, and plumbing; Inspection recommended, PCR indicates that the electrical system is damaged, so please do not activate electrical service prior to inspection and repair by a licensed electrician. A request to activate electrical service will likely be denied by the FSM. , Since plumbing system does not hold pressure, do not activate water service prior to repair by a licensed professional. Water service activation requests will not be approved. , Replace missing floor covering. , Roof inspection is recommended, repair as needed, HVAC needs replacement, Missing smoke and CO detectors., Treat and paint interior/ext. defective paint surfaces (LBP). Misc.: UI-Eligible for 203K Financing.

Last Agent to Sell the Property

Nathaniel Genis

The Nat Genis Team, INC. License #01429533 Listed on: 04/10/2019

Last Buyer's Agent

Rebecca D'Amico

Rebecca Holzmann License #01387860

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1944

Lot Details

  • 1.61 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • South Facing Home
  • Chain Link Fence
  • Private Yard
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Custom Home
  • Major Repairs Completed
  • Fixer Upper
  • Slab Foundation
  • Tile Roof
  • Adobe

Interior Spaces

  • 1,338 Sq Ft Home
  • Ceiling Fan
  • Casement Windows
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Concrete Flooring
  • Views of Woods
  • Laundry Room

Kitchen

  • Free-Standing Range
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-in Shower

Outdoor Features

  • Brick Porch or Patio

Utilities

  • Central Heating
  • Natural Gas Not Available
  • Septic Type Unknown
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1054733800

Home Details

Home Type

Single Family

Year Built

Built in 1944

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R1
  • Architectural Style: Custom Built
  • Property Condition: Fixer, Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1054733800
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1338.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Concrete
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 254.48
  • Room Type: All Bedrooms Down, Den, Living Room, Main Floor Master Bedroom
  • Window Features: Casement Windows
  • Bathroom Features: Shower
  • Room Kitchen Features: Laminate Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Slab
  • View: Trees/Woods
  • Fence: Yes
  • Fencing: Chain Link
  • Patio And Porch Features: Brick
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Adobe

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Not Available, Sewer Not Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Septic Type Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Yard
  • Lot Size Sq Ft: 70132.00
  • Lot Size Acres: 1.6100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 70132.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 190.01
  • Tax Tract Number: 00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2020
Sold by
Reyes Angel M
Bought by
Reyes Angel and Angel Reyes Living Trust
Current Estimated Value
$771,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Outstanding Balance
$383,709
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$388,073

Purchase Details

Listed on
Apr 10, 2019
Closed on
Jun 26, 2019
Sold by
Secretary Of Housing & Urban Development
Bought by
Reyes Angel M
Seller's Agent
Nathaniel Genis
The Nat Genis Team, INC.
Buyer's Agent
Rebecca D'Amico
Rebecca Holzmann
List Price
$370,000
Sold Price
$340,500
Premium/Discount to List
-$29,500
-7.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.37%
Original Mortgage
$550,000
Interest Rate
4%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 10, 2018
Sold by
Messner Renee M
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 16, 2005
Sold by
Messner Renee M
Bought by
Messner Renee M

Purchase Details

Closed on
Apr 25, 2005
Sold by
Messner Calvin Parker
Bought by
Messner Renee M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,342
Interest Rate
4.83%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Feb 25, 2004
Sold by
Messner Linda
Bought by
Messner Calvin Parker

Purchase Details

Closed on
Apr 9, 2001
Sold by
Messner Renee M
Bought by
Messner Renee M and Messner Calvin Parker

Purchase Details

Closed on
Jan 31, 2001
Sold by
Jr Messner Renee M Nsjt
Bought by
Messner Renee M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.08%
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
Reyes Angel -- First American Title Company
Reyes Angel M $340,500 First American Title Company
Wells Fargo Bank Na $404,603 Accommodation
Messner Renee M -- --
Messner Renee M -- United Title Company
Messner Calvin Parker -- Old Republic Title Company
Messner Renee M -- --
Messner Renee M -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Angel $430,000
Closed Reyes Angel M $550,000
Previous Owner Messner Renee M $469,342
Previous Owner Messner Renee M $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2019 06/28/19 Sold $340,500 0.0% $254 / Sq Ft
05/08/2019 05/08/19 Pending -- -- --
05/08/2019 05/08/19 Price Changed $340,400 -8.0% $254 / Sq Ft
04/21/2019 04/21/19 For Sale $370,000 0.0% $277 / Sq Ft
04/17/2019 04/17/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $370,000 -- $277 / 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 $3,948 $379,829 $287,751 $92,078
2024 $3,948 $372,382 $282,109 $90,273
2023 $3,843 $365,081 $276,578 $88,503
2022 $3,843 $357,923 $271,155 $86,768
2021 $3,713 $350,906 $265,839 $85,067
2020 $3,741 $347,309 $263,114 $84,195
2019 $9,506 $330,000 $250,000 $80,000
2018 $3,337 $301,716 $187,272 $114,444
2017 $1,329 $81,171 $32,424 $48,747
2016 $1,656 $79,581 $31,789 $47,792
2015 $828 $78,387 $31,312 $47,075
2014 $812 $76,852 $30,699 $46,153
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW19081838

California Regional Multiple Listing Service (CRMLS)

APN: 105-473-38