NOT LISTED FOR SALE

2542 Los Cerritos Ln Fallbrook, CA 92028

Estimated Value: $508,000 - $832,000

2 Beds
2 Baths
1,389 Sq Ft
$250/mo HOA Fee

Last Sold April 15, 2016

Last sale price $374,000 $269 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,897/month

21 Days on Market

Highlights

  • In Ground Pool
  • Two Primary Bedrooms
  • 6 Acre Lot
  • No Units Above
  • Panoramic View
  • Contemporary Architecture

About This Home

As of April 2016

Great one of a kind exclusive complex This home is one of only 6- 1 story condos sited on 6 peaceful acres with spectacular views. Inside is a welcoming terrazzo entry, hand scraped wood floors and lots of windows to capture panoramic views. Sellers have recently added a quality 500 sq ft cover to the side patio to allow dining and entertainment. Complex includes a solar heated pool, well with storage tank, guest casita with full bath, workshop with power tools for creative projects. (see supplement) [Supplement]: This unit has the best View in Complex as it is located on the southern end. It has both a large covered side Patio and a front Patio with retractable awning. The Casita is part of the complex and is located by the Pool at the end of Carports. Directly across from this home are a dozen or more fruit trees that belong to owners, and they can pick them anytime. Because these 6 condos are so unique and because of the extra features such as the Workshop and Casita and the spectacular views and country atmosphere, people who buy them tend to stay for a long time. Do not wait to show this one, it will not last long on the market.

Last Agent to Sell the Property

John Zylstra

John Zylstra, Realtor License #00210231 Listed on: 02/04/2016

Last Buyer's Agent

Gary Grube

Equity Real Estate - Pacific C License #01964313

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,608

Year Built

  • Built in 1974

Lot Details

  • No Units Above
  • End Unit
  • No Units Located Below
  • Partially Fenced Property

HOA Fees

  • $250 Monthly HOA Fees

Property Views

  • Panoramic
  • Bluff
  • Mountain
  • Valley
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,389 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Formal Entry
  • Family Room
  • Workshop

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Detached Carport Space
  • Guest Parking

Outdoor Features

  • In Ground Pool
  • Fire Pit

Utilities

  • Cooling Available
  • Heating System Uses Wood
  • Radiant Heating System
  • Well
  • Perc Test On File For Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1053006900

Community Details

Overview

  • 6 Units
  • Cerritos Verdes Association, Phone Number (760) 728-6325
  • Cerritos Verdes

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,608

Year Built

Built in 1974

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Park Name: Cerritos Verdes
  • Road Surface Type: Paved
  • Subdivision Name Other: Live Oak Park
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 1053006900
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1389.00 Square Feet
  • Stories: 1
  • Common Walls: End Unit, No One Above, No One Below
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook
  • Fireplace Features: Fire Pit
  • Levels: One
  • Price Per Square Foot: 269.26
  • Room Type: Family Room, Formal Entry, Main Floor Bedroom, Two Masters, Workshop

Exterior Features

  • View: Mountain(s), Panoramic, Park/Greenbelt, Valley
  • Fence: Yes
  • Fencing: Partial
  • Pool Features: Community, In Ground
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Parking Features: Carport, Detached Carport, Guest
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Heating Type: Electric, Fireplace(s), Radiant, Wood
  • Laundry Features: Dryer Included, Electric Dryer Hookup, In Closet, Washer Included
  • Sewer: Perc Test On File
  • Water Source: Well
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Association Name: Cerritos Verdes
  • Phone: 760-728-6325
  • Senior Community: No
  • Common Interest: Condominium

Lot Info

  • Lot Features: Bluff, Gentle Sloping, Level
  • Lot Size Acres: 6.0000

Multi Family

  • Lot Size Area: 6.0000 Acres
  • Number Of Units In Community: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2016
Closed on
Mar 1, 2016
Sold by
Heesch Craig F and Heesch Varna H
Bought by
Harvey Sharla Rae
Seller's Agent
John Zylstra
John Zylstra, Realtor
Buyer's Agent
Gary Grube
Equity Real Estate - Pacific C
List Price
$374,000
Sold Price
$374,000
Current Estimated Value
$615,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,580
Avg. Annual Appreciation
5.41%

Purchase Details

Closed on
Jun 5, 2006
Sold by
Heesch Craig F and Heesch Varna H
Bought by
Heesch Craig F and Heesch Varna H

Purchase Details

Closed on
Sep 30, 1999
Sold by
Reiter George J Trust
Bought by
Heesch Craig F and Heesch Varna E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,750
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 1996
Sold by
Reiter George J and Reiter Emma K
Bought by
Reiter Emma K

Purchase Details

Closed on
May 20, 1988
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Harvey Sharla Rae $374,000 First American Title
Heesch Craig F -- None Available
Heesch Craig F $161,000 Lawyers Title
Reiter Emma K -- --
-- $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heesch Craig F $120,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2016 04/15/16 Sold $374,000 0.0% $269 / Sq Ft
02/25/2016 02/25/16 Pending -- -- --
02/04/2016 02/04/16 For Sale $374,000 -- $269 / 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 $4,608 $442,731 $236,756 $205,975
2024 $4,608 $434,051 $232,114 $201,937
2023 $4,462 $425,541 $227,563 $197,978
2022 $4,462 $417,198 $223,101 $194,097
2021 $4,311 $409,019 $218,727 $190,292
2020 $4,343 $404,826 $216,485 $188,341
2019 $4,256 $396,890 $212,241 $184,649
2018 $4,191 $389,109 $208,080 $181,029
2017 $4,107 $381,480 $204,000 $177,480
2016 $2,221 $209,022 $79,191 $129,831
2015 $2,186 $205,883 $78,002 $127,881
2014 $2,143 $201,851 $76,475 $125,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 160006292

California Regional Multiple Listing Service (CRMLS)

APN: 105-301-17-01