NOT LISTED FOR SALE

2510 Live Oak Park Rd Fallbrook, CA 92028

Fallbrook Area
4 Beds
4 Baths
2,100 Sq Ft
0.75 Acre Lot

Sale Details

Date Sold: September 14, 2023

Last sale price $953,000 $454 Per Sq Ft

Highlights

  • Golf Course Community
  • No HOA
  • Horse Trails
  • Wooded Lot
  • Hiking Trails
  • Foothills

About This Home

As of September 2023

This home is located at 2510 Live Oak Park Rd, Fallbrook, CA 92028 since 28 July 2023. This property was built in 1954. 2510 Live Oak Park Rd is a home located in San Diego County with nearby schools including William H. Frazier Elementary School, Santa Margarita Academy, and James E. Potter Intermediate School.

Last Agent to Sell the Property

Chris Hasvold

Coldwell Banker Assoc. Brokers License #00800277 Listed on: 07/28/2023

Coldwell Banker Assoc. Brokers

Last Buyer's Agent

Chris Hasvold

Coldwell Banker Assoc. Brokers License #00800277 Listed on: 07/28/2023

Coldwell Banker Assoc. Brokers
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 32,670 Sq Ft Lot
  • Two or More Common Walls
  • Rural Setting
  • Wooded Lot

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 2,100 Sq Ft Home
  • 1-Story Property
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Conventional Septic

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 7501
  • Tax Tract Number 75013
  • Assessor Parcel Number 1053010200
  • $52 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Fallbrook Subdivision
  • Foothills

Amenities

  • Laundry Facilities

Recreation

  • Golf Course Community
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 1 Separate Water Meter
  • Electric Expense $245
  • Insurance Expense $2,204
  • Trash Expense $708
  • Water Sewer Expense $1,540
  • Operating Expense $18,252
  • Gross Income $71,820
  • Net Operating Income $51,413

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0.75 Acres

Listing Details

  • Assessments: No
  • CapRate: 5.10
  • Property Attached: Yes
  • Subdivision Name Other: Fallbrook
  • Water Sewer Expenses: 1540.00
  • Zoning: A70
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 1053010200
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 453.81

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Conventional Septic
  • Trash Expense: 708.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Foothills, Golf, Hiking, Horse Trails, Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Treed Lot
  • Lot Size Sq Ft: 32670.00
  • Lot Size Acres: 0.7500

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average1 Bed Area: 325 Square Feet
  • Average Studio Area: 300 Square Feet
  • Electric Expense: 245.00
  • Gross Income: 71820.00
  • Gross Multiplier: 13.71
  • Gross Operating Income: 69665.00
  • Gross Scheduled Income: 71820.00
  • Insurance Expense: 2204.00
  • Lot Size Area: 32670.0000 Square Feet
  • Net Operating Income: 51413.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 18252.00
  • Rent Control: No
  • Total Actual Rent: 5985.00
  • Total Expenses: 18252.00
  • Vacancy Allowance Rate: 2.00

Tax Info

  • Tax Census Tract: 190.01
  • Tax Lot: 7501
  • Tax Tract Number: 75013
  • TaxOtherAnnualAssessmentAmount: 52.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Aug 29, 2023
Sold by
Bought by
Seller's Agent
Chris Hasvold
Coldwell Banker Assoc. Brokers
Buyer's Agent
Chris Hasvold
Coldwell Banker Assoc. Brokers
List Price
$985,000
Sold Price
$953,000
Premium/Discount to List
-$32,000
-3.25%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Outstanding Balance
$566,693
Interest Rate
6.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 10, 2011
Sold by
Bought by

Purchase Details

Closed on
May 20, 1994
Sold by
Bought by

Purchase Details

Closed on
Feb 15, 1989
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$953,000 Ticor Title
$275,000 Lawyers Title Insurance Co
$220,000 First American Title Co
$148,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $585,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/14/2023 09/14/23 Sold $953,000 -3.2% $454 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $985,000 -- $469 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $10,480 $991,501 $707,472 $284,029
2025 $10,244 $972,060 $693,600 $278,460
2024 $10,244 $953,000 $680,000 $273,000
2023 $3,629 $338,633 $160,081 $178,552
2022 $3,630 $331,994 $156,943 $175,051
2021 $3,509 $325,485 $153,866 $171,619
2020 $3,536 $322,149 $152,289 $169,860
2019 $3,466 $315,833 $149,303 $166,530
2018 $3,414 $309,641 $146,376 $163,265
2017 $3,346 $303,570 $143,506 $160,064
2016 $3,260 $297,619 $140,693 $156,926
2015 $3,209 $293,149 $138,580 $154,569
2014 $3,149 $287,408 $135,866 $151,542
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: ND23139723

California Regional Multiple Listing Service (CRMLS)

APN: 105-301-02-00

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