NOT LISTED FOR SALE

228 E Aviation Rd Fallbrook, CA 92028

Estimated Value: $604,000 - $953,000

5 Beds
3 Baths
1,952 Sq Ft
$403/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $880,000 $451 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $4,401/month

30 Days on Market

Highlights

  • Laundry Room
  • Forced Air Heating and Cooling System
  • Level Lot
  • La Paloma Elementary School Rated 9+
  • Wood Fence
  • Wood Siding

About This Home

As of July 2022

Over half acre lot in heart of Fallbrook, close to shops, schools, parks & restaurants. HORSES ALLOWED! Four BR main house (1457sf) plus 1 bedroom Casita for in-laws (495sf) , teens or extra income. Both remodeled extensively. Must see to appreciate. Two parcels – zoning allows eight units plus four ADUs. Many options for owners: Live in one & rent the other; Live in both: Develop both parcels with maximum units; Sell larger parcel to homeowner and develop vacant parcel; Sell vacant parcel and develop remainder of larger parcel; Operate as income property and hold for future development. Parcels can be can be sold separately. There is also 1.16 acres behind which can be purchased.

Last Agent to Sell the Property

Jef Karchin

Karchin.com License #00597402 Listed on: 05/20/2022

Last Buyer's Agent

Dorthy Routt

Real Broker License #02041460

Real Broker

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 0.59 Acre Lot
  • Wood Fence
  • Level Lot
  • Property is zoned R-1:SINGLE

Home Design

  • Entry on the 1st floor
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,952 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 10 Parking Spaces
  • Uncovered Parking

Additional Homes

  • 495 SF Accessory Dwelling Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Water Meter

Community Details

Listing and Financial Details

  • Assessor Parcel Number 104-132-50-00

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: North County
  • Cross Street: OLD STAGE
  • Neighborhood: FALLBROOK
  • Estimated Living Space: 1,500 to 1,999 SqFt
  • LP / Sq Ft: 460.55
  • Miscellaneous: Horse Allowed, Livestock Allowed
  • Price Per Sq Ft: 450.82
  • Residential Unit Location: No Unit Above or Below
  • SP/ Sq Ft: 450.82
  • Stories: 1 Story
  • Stories In Building: 1
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Disposal, Microwave, Gas Cooking
  • Searchable Rooms: Bedroom Entry Level
  • Total Bedrooms: 5
  • Bedrooms: 4
  • Master Bedroom Dimensions: 12x16
  • Full Bathrooms: 3
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 1952
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Wood
  • Fencing: Wood
  • Roof: Composition
  • Guest House Sq Ft: 495

Garage/Parking

  • Non Garage Parking: Uncovered
  • Parking Spaces Total: 10

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Gas & Electric Dryer HU
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 1

Condo/Co-op/Association

  • Units In Building: 2
  • Total Number of Units: 2
  • Community: FALLBROOK

Lot Info

  • Lot Size: .5 to 1 AC
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 104-132-50-00
  • Estimated Lot Sq Ft: 25682
  • Estimated Number of Acres: 0.59
  • Map Code Column: F
  • Map Code Page: 1027
  • Map Code Row: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2013
Sold by
Olafson Gregory J
Bought by
Fallbrook Village Aviation Llc
Current Estimated Value
$787,333

Purchase Details

Closed on
Aug 9, 2012
Sold by
Fenway Fallbrook Village Llc
Bought by
Olafson Gregory J
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
Fallbrook Village Aviation Llc -- None Available
Olafson Gregory J $400,000 First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2022 07/08/22 Sold $880,000 -2.1% $451 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
06/13/2022 06/13/22 Price Changed $899,000 -4.0% $461 / Sq Ft
06/07/2022 06/07/22 Price Changed $936,000 -4.5% $480 / Sq Ft
05/28/2022 05/28/22 Price Changed $980,000 -10.1% $502 / Sq Ft
05/23/2022 05/23/22 Price Changed $1,090,000 -15.5% $558 / Sq Ft
05/20/2022 05/20/22 For Sale $1,290,000 -- $661 / Sq Ft
Source: San Diego MLS

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 $3,150 $297,362 $255,933 $41,429
2024 $3,150 $291,532 $250,915 $40,617
2023 $3,066 $285,817 $245,996 $39,821
2022 $3,067 $280,214 $241,173 $39,041
2021 $2,958 $274,721 $236,445 $38,276
2020 $2,979 $271,905 $234,021 $37,884
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220012444

San Diego MLS

APN: 104-132-49