NOT LISTED FOR SALE

2271 Mardavido Place Fallbrook, CA 92028

Estimated Value: $1,145,860 - $1,387,000

4 Beds
3 Baths
3,104 Sq Ft
$407/Sq Ft Est. Value

Last Sold January 17, 2023

Last sale price $955,000 $308 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $7,569/month

150 Days on Market

Highlights

  • Horse Property Unimproved
  • Open Floorplan
  • Main Floor Bedroom
  • Panoramic View
  • Fireplace in Primary Bedroom
  • Granite Countertops

About This Home

As of January 2023

Stunning cul-de-sac 1 story ranch style home, located in the highly sought-after community of Fallbrook CA. Large flat usable 1.2 acres. Beautifully landscaped with mostly drip systems. RV access through wrought iron gates. Could also easily be improved to horse property. Completely vinyl fenced. This sprawling single story home offers a spacious 3104 square feet boasting 4 large oversized bedrooms, (1 bedroom has doors, windows, just no closet), 3 full baths. The master has a separate shower and sunken jetted tub. All bedroom closet doors are mirrored. Master has a custom rock fireplace. The home has cool tile, neutral carpet, vinyl flooring, custom painted. Cozy rock fireplace in the family room. 2 newer air conditioning units with 2 zones. Cool ceiling fans, 2 light solar tubes. Tesla solar power purchase agreement exists with 16 panels. Newer high-end Anderson dual pane windows. Custom shutters. Navien tankless instant hot water heater. Water purifier and water softener system owned. Home is wired for high-speed internet. Cook’s kitchen with flashy granite, lots of storage and pull-out shelving, stainless steel appliances. The 2-year-old fridge will remain. New dishwasher. Indoor dedicated laundry room. Washer and propane dryer will remain. Extremely large and spacious welcoming tiled, concrete enclosed patio. Rain gutters, tiled roof. Large 4 car finished garage. Lots of shelving. Neat work table with vacuum. Land is beautifully landscaped with trees and fruit trees. City water, propane, electric and septic system. Close to wineries, restaurants and the freeway. No HOA.

Last Agent to Sell the Property

Serina Ortiz-Tomlinson

First Team Real Estate License #01152416 Listed on: 07/29/2022

First Team Real Estate

Last Buyer's Agent

Kim Rievley

Compass Real Estate License #01338599

Compass Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,447

Year Built

  • Built in 2003

Lot Details

  • 1.2 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Rural Setting
  • Vinyl Fence
  • Fence is in excellent condition
  • Drip System Landscaping
  • Paved or Partially Paved Lot
  • Level Lot
  • Corners Of The Lot Have Been Marked
  • Sprinklers on Timer
  • Back and Front Yard

Parking

  • 3 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Driveway
  • RV Potential

Property Views

  • Panoramic
  • Mountain
  • Hills

Home Design

  • Turnkey
  • Additions or Alterations
  • Fire Rated Drywall
  • Tile Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 3,104 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Sliding Doors
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Convection Oven
  • Electric Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Mirrored Closets Doors
  • Upgraded Bathroom
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Termite Clearance

Outdoor Features

  • Enclosed Patio or Porch
  • Shed
  • Rain Gutters

Schools

  • Live Oak Elementary School
  • Fallbrook High School

Horse Facilities and Amenities

  • Horse Property Unimproved

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Propane
  • Tankless Water Heater
  • Water Purifier
  • Water Softener
  • Conventional Septic
  • Sewer Not Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Fallbrook Subdivision

Listing and Financial Details

  • Tax Lot 107
  • Tax Tract Number 101
  • Assessor Parcel Number 1071008000

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,447

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Solar power lease exists -new homeowner will have to qualify and take over Tesla contract.
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Well Report: No
  • Architectural Style: Ranch
  • Property Condition: Additions/Alterations, Termite Clearance, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1071008000
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3104.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Open Floorplan, Recessed Lighting, Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, Family Kitchen, Dining Room, Separated
  • Fireplace Features: Family Room, Master Bedroom, Propane, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 307.67
  • Room Type: All Bedrooms Down, Entry, Family Room, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet
  • Window Features: Blinds, Double Pane Windows, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Master Bath, Separate Tub And Shower, Soaking Tub, Upgraded, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s)
  • Exterior Features: Rain Gutters
  • View: Hills, Mountain(s), Panoramic
  • Fence: Yes
  • Fencing: Excellent Condition, Vinyl
  • Patio And Porch Features: Concrete, Enclosed, Tile
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Direct Garage Access, Driveway, Concrete, Garage, Garage - Two Door, Garage Door Opener, Oversized, RV Potential
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Propane, Sewer Not Available, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Electric Oven, Disposal, Microwave, Propane Range, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Water Line to Refrigerator, Water Purifier, Water Softener
  • Electric: 220 Volts in Garage, Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Inside, Propane Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Fallbrook Union
  • Elementary School: Live Oak
  • High School: Fallbrook
  • Elementary School: Live Oak
  • High School: Fallbrook
  • Elementary School #2: LIVOAK
  • High School2: FALLBR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corners Marked, Cul-De-Sac, Front Yard, Horse Property Unimproved, Landscaped, Level with Street, Lot Over 40000 Sqft, Level, Paved, Sprinkler System, Sprinklers Drip System, Sprinklers Manual, Sprinklers Timer
  • Lot Size Sq Ft: 52272.00
  • Lot Size Acres: 1.2000
  • Latitude Manual: 33.35417700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1.2000 Acres
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 188.01
  • Tax Lot: 107
  • Tax Tract Number: 101...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Jan 17, 2023
Sold by
Jordan Family Living Trust
Bought by
Magnussen Brett and Magnussen Claudia
Seller's Agent
Serina Ortiz-Tomlinson
First Team Real Estate
Buyer's Agent
Kim Rievley
Compass Real Estate
List Price
$1,175,000
Sold Price
$955,000
Premium/Discount to List
-$220,000
-18.72%
Views
33
Current Estimated Value
$1,263,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,465
Avg. Annual Appreciation
8.97%
Original Mortgage
$689,520
Outstanding Balance
$669,237
Interest Rate
6.49%
Mortgage Type
VA
Estimated Equity
$535,069

Purchase Details

Closed on
Feb 14, 2014
Sold by
Jordan Wanda W and Jordan Robert N H
Bought by
Jordan Wanda W and Jordan Robert N H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
4.47%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jun 24, 2013
Sold by
Jordan Wanda and Jordan Robert
Bought by
Jordan Wanda and Jordan Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,500
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2011
Sold by
Jordan Robert N H and Jordan Wanda W
Bought by
The Jordan Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2003
Sold by
Jordan Robert N H and Jordan Wanda W
Bought by
The Jordan Family Trust

Purchase Details

Closed on
May 16, 2002
Sold by
Emerald Crest Development Ii
Bought by
Jordan Robert N H and Jordan Wanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.94%
Source: Public Records

Range of Values:

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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
Magnussen Brett $955,000 Corinthian Title
Jordan Wanda W -- Tsi Title
Jordan Wanda -- Tsi
Jordan Wanda -- Tsi
The Jordan Family Trust -- Accommodation
Jordan Robert N H -- Chicago Title Company
The Jordan Family Trust -- --
Jordan Robert N H $542,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magnussen Brett $689,520
Previous Owner Jordan Wanda W $938,250
Previous Owner Jordan Wanda $376,500
Previous Owner Jordan Robert N H $260,000
Previous Owner Jordan Robert N H $300,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2023 01/17/23 Sold $955,000 -13.2% $308 / Sq Ft
12/26/2022 12/26/22 Pending -- -- --
10/18/2022 10/18/22 Price Changed $1,100,000 -2.2% $354 / Sq Ft
09/15/2022 09/15/22 Price Changed $1,125,000 -2.2% $362 / Sq Ft
08/23/2022 08/23/22 Price Changed $1,150,000 -2.1% $370 / Sq Ft
07/29/2022 07/29/22 For Sale $1,175,000 -- $379 / 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 $10,447 $993,582 $494,190 $499,392
2024 $10,447 $974,100 $484,500 $489,600
2023 $8,174 $769,441 $234,279 $535,162
2022 $8,102 $754,355 $229,686 $524,669
2021 $7,827 $739,565 $225,183 $514,382
2020 $7,888 $731,983 $222,875 $509,108
2019 $7,730 $717,631 $218,505 $499,126
2018 $7,611 $703,561 $214,221 $489,340
2017 $7,460 $689,767 $210,021 $479,746
2016 $7,274 $676,243 $205,903 $470,340
2015 $7,157 $666,087 $202,811 $463,276
2014 $6,350 $591,000 $164,000 $427,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW22167187

California Regional Multiple Listing Service (CRMLS)

APN: 107-100-80