$485,000
SOLD MAY 2, 2013

2604 Caps Way Fallbrook, CA 92028

3 Beds
3 Baths
3,066 Sq Ft
2 Acres

Recently Sold

$158 Per Sq Ft

19% Below List Price

167 Days on Market

Highlights

  • Retreat
  • Breakfast Area or Nook
  • 3 Car Attached Garage
  • Covered patio or porch
  • Fireplace
  • Laundry Room

About This Home

As of February 2014

Reduced! Don't miss this spacious ranch style home in the desirable Ridgecrest Estates area of Fallbrook, Ca. Enjoy spectacular views from almost every room in the house. The kitchen is spacious with a gas cook top, butcher block island, breakfast bar and is open to the family and dining room areas, which provides a great entertainment area. There are 2 fireplaces, one in the living room & the second in the master bedroom. Move in & start enjoying this lovely property before the holidays. See Supp.. [Supplement]: The current owners have painted the exterior and upgraded the HVAC unit (dual zoned areas). There is a unique wine storage room that is adjacent to the dining room. The cozy living room has a fireplace, high wood beam ceilings, wet bar and built in shelves. The spacious master bedroom also has a fireplace with high wood beam ceilings and double French doors leading to the backyard. The master bathroom has double sinks, large shower with built in seat and walk-in closet. Gently sloped land with family avocado and fruit trees. Note: No horses allowed under 3 acres (this lot is 2 acres). There are CC&R's in the development and a road maintenance agreement.

Last Agent to Sell the Property

Janine Hall

Hall In One Realty License #01347637 Listed on: 10/17/2012

Last Buyer's Agent

Carrie Trujillo

RE/MAX Valley Properties License #00891239

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,915

Year Built

  • Built in 1988

Lot Details

  • 2 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Property is zoned A70

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Attached Carport
  • Parking Available
  • Garage Door Opener

Home Design

  • Fire Rated Drywall
  • Concrete Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,066 Sq Ft Home
  • 1-Story Property
  • Fireplace

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Propane Dryer Hookup

Outdoor Features

  • Covered patio or porch
  • Fire Pit

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 1057612300

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,915

Year Built

Built in 1988

Lot Details

0

HOA Fees

$4 per month

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: FALLBROOK
  • Zoning: A70
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1057612300
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3066.00 Square Feet
  • Stories: 1
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook
  • Fireplace Features: Fire Pit
  • Levels: One
  • Price Per Square Foot: 158.19
  • Room Type: Main Floor Master Bedroom, Retreat

Exterior Features

  • Patio: Yes
  • Foundation: Concrete Perimeter
  • Exterior Features: Satellite Dish
  • Fence: Yes
  • Fencing: Partial
  • Patio And Porch Features: Covered, Slab
  • Pool Private: No
  • Roof: Concrete
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Attached Carport, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Trash Compactor
  • Heating Type: Forced Air, Propane, Zoned
  • Laundry Features: Electric Dryer Hookup, Individual Room, Propane Dryer Hookup
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 50.00
  • Association Fee Frequency: Annually
  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Gentle Sloping, Level
  • Lot Size Sq Ft: 87120.00
  • Lot Size Acres: 2.0000

Multi Family

  • Lot Size Area: 87120.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2020
Sold by
Sylvester Edwaro August
Bought by
Sylvester Edwaro August and Sylvester Monica
Current Estimated Value
$1,350,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,838
Outstanding Balance
$413,691
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$936,444

Purchase Details

Listed on
Nov 7, 2013
Closed on
Jan 2, 2014
Sold by
Global Properties & Investments Internat
Bought by
Sylvester Edward August
Seller's Agent
Virginia Gissing
RE/MAX Connections
Buyer's Agent
Rudy Gallegos
RE/MAX Connections
List Price
$726,000
Sold Price
$726,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%
Original Mortgage
$525,487
Interest Rate
4.46%
Mortgage Type
VA

Purchase Details

Listed on
Oct 17, 2012
Closed on
Apr 29, 2013
Sold by
Hacker Georgia E
Bought by
Global Properties & Investment Internati
Seller's Agent
Janine Hall
Hall In One Realty
Buyer's Agent
Carrie Trujillo
RE/MAX Valley Properties
List Price
$599,000
Sold Price
$485,000
Premium/Discount to List
-$114,000
-19.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.86%
Original Mortgage
$200,000
Interest Rate
3.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 26, 2010
Sold by
Wells Fargo Bank Na
Bought by
Hacker Georgia E

Purchase Details

Closed on
Sep 2, 2009
Sold by
Wade William M and Wade Kathleen V
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 19, 1983
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Elevated Title Company
Grant Deed $726,000 Ticor Title Insurance Co
Grant Deed $485,000 Lawyers Title Insurance Co
Grant Deed $425,000 Ticor Title
Trustee Deed $500,000 None Available
Deed $102,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $463,838 VA
Closed $525,487 VA
Previous Owner $150,000 Unknown
Previous Owner $200,000 Unknown
Previous Owner $500,890 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $227,000 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2014 02/06/14 Sold $726,000 0.0% $237 / Sq Ft
12/28/2013 12/28/13 Pending -- -- --
11/07/2013 11/07/13 For Sale $726,000 +49.7% $237 / Sq Ft
05/02/2013 05/02/13 Sold $485,000 -19.0% $158 / Sq Ft
04/02/2013 04/02/13 Pending -- -- --
10/17/2012 10/17/12 For Sale $599,000 -- $195 / 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 $7,915 $923,570 $367,754 $555,816
2024 $7,915 $905,462 $360,544 $544,918
2023 $7,749 $887,709 $353,475 $534,234
2022 $7,838 $870,304 $346,545 $523,759
2021 $7,574 $853,240 $339,750 $513,490
2020 $9,140 $844,492 $336,267 $508,225
2019 $8,960 $827,934 $329,674 $498,260
2018 $8,824 $811,701 $323,210 $488,491
2017 $750 $795,786 $316,873 $478,913
2016 $8,435 $780,183 $310,660 $469,523
2015 $8,293 $768,465 $305,994 $462,471
2014 $5,336 $487,201 $182,349 $304,852
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 120052443

California Regional Multiple Listing Service (CRMLS)

APN: 105-761-23