NOT LISTED FOR SALE

246 Woodcrest Ln Fallbrook, CA 92028

1 Bed
1 Bath
1,593 Sq Ft
7,841 Sq Ft Lot

Last Sold September 30, 2021

Last sale price $535,000 $336 Per Sq Ft

61 Days on Market

About This Home

As of September 2021

Fully rented triplex in downtown area! Two units have some remodel in past 5 years, Roof is 8 yrs old, all wall heaters recently replaced, new retaining wall. Room to add more units, add garages, laundry room, etc. End of the street location. this is a turn key entry level investment property perfect for the first time investor, or add more units and maximize the potential for a 1031 exchange!

Last Agent to Sell the Property

Yesica Gonzalez

SellorBuy Inc. License #01379599 Listed on: 06/26/2021

Last Buyer's Agent

James Carter

Apartment Realty Group (ARG) License #01352336

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 7,841 Sq Ft Lot
  • Two or More Common Walls
  • Garden

Home Design

  • 1,593 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Listing and Financial Details

  • Assessor Parcel Number 1040650400

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $60
  • Trash Expense $83
  • Water Sewer Expense $216
  • Operating Expense $359
  • Net Operating Income $2,450

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 216.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 1040650400
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 335.84

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 83.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Garden
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Average1 Bed Area: 531 Square Feet
  • Average2 Bed Area: 531 Square Feet
  • Average3 Bed Area: 531 Square Feet
  • Gross Scheduled Income: 2750.00
  • Insurance Expense: 60.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 2450.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 359.00
  • Rent Control: No
  • Total Expenses: 359.00

Tax Info

  • Tax Census Tract: 189.04
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2021 09/30/21 Sold $535,000 -10.8% $336 / Sq Ft
08/05/2021 08/05/21 Price Changed $599,900 -4.0% $377 / Sq Ft
06/26/2021 06/26/21 For Sale $625,000 +78.6% $392 / Sq Ft
05/22/2015 05/22/15 Sold $350,000 0.0% $220 / Sq Ft View Prior Sale
04/20/2015 04/20/15 Pending -- -- --
12/02/2014 12/02/14 For Sale $350,000 -- $220 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,989 $567,745 $477,543 $90,202
2024 $5,989 $556,614 $468,180 $88,434
2023 $5,812 $545,700 $459,000 $86,700
2022 $5,814 $535,000 $450,000 $85,000
2021 $4,190 $388,607 $199,855 $188,752
2020 $4,231 $384,623 $197,806 $186,817
2019 $4,159 $377,082 $193,928 $183,154
2018 $4,096 $369,689 $190,126 $179,563
2017 $4,016 $362,442 $186,399 $176,043
2016 $3,899 $355,337 $182,745 $172,592
2015 $2,355 $213,728 $118,141 $95,587
2014 $2,312 $209,542 $115,827 $93,715
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21125365

California Regional Multiple Listing Service (CRMLS)

APN: 104-065-04-00