NOT LISTED FOR SALE

2798 Pala Mesa Ln Fallbrook, CA 92028

Estimated Value: $1,039,914 - $1,222,000

3 Beds
2 Baths
2,275 Sq Ft
$504/Sq Ft Est. Value

Last Sold January 14, 2013

Last sale price $462,500 $203 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $6,508/month

64 Days on Market

Highlights

  • Greenhouse
  • 5.58 Acre Lot
  • Secluded Lot
  • In Ground Pool
  • Canyon View
  • Traditional Architecture

About This Home

As of January 2013

3 BR/2BA, big view, infinty pool, 5.58 acre lot, 2,275 sq. ft., secluded home with wrap-around decks.Bank is rehabbing the main house with new carpet, paint, fixtures. Home will be move in ready.

Last Agent to Sell the Property

Frank Galante

Galante Real Estate License #01126020 Listed on: 12/01/2012

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 5.58 Acre Lot
  • Cross Fenced
  • Secluded Lot
  • Drip System Landscaping
  • Sprinkler System

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Clay Roof
  • Stucco

Interior Spaces

  • 2,275 Sq Ft Home
  • Tile Flooring
  • Canyon Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Parking Available
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Patio
  • Greenhouse
  • Rear Porch

Utilities

  • Central Heating
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Tract Number 123
  • Assessor Parcel Number 1252202000

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1252202000
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2275.00
  • Interior Amenities: Tile Counters
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area
  • Levels: One
  • Price Per Square Foot: 203.30
  • Spa Features: In Ground

Exterior Features

  • Patio: Yes
  • Other Structures: Greenhouse
  • View: Canyon
  • Fence: Yes
  • Fencing: Cross Fenced
  • Patio And Porch Features: Rear Porch
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Clay
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Range
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Conventional Septic

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Secluded, Sprinklers Drip System
  • Lot Size Sq Ft: 243065.00
  • Lot Size Acres: 5.5800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 243065.0000 Square Feet

Tax Info

  • Tax Lot: 0000
  • Tax Tract Number: 123

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2012
Closed on
Jan 10, 2013
Sold by
Selene Rmof Ii Reo Acquisition Ii Llc
Bought by
Hoermann Werner
Seller's Agent
Frank Galante
Galante Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$465,900
Sold Price
$462,500
Premium/Discount to List
-$3,400
-0.73%
Current Estimated Value
$1,147,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$685,229
Avg. Annual Appreciation
7.25%
Original Mortgage
$369,600
Outstanding Balance
$255,779
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$891,950

Purchase Details

Listed on
Dec 1, 2012
Closed on
Jan 7, 2013
Sold by
Hoermann Maria E
Bought by
Hoermann Werner
Seller's Agent
Frank Galante
Galante Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$465,900
Sold Price
$462,500
Premium/Discount to List
-$3,400
-0.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,600
Outstanding Balance
$255,779
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$891,950

Purchase Details

Closed on
Jul 31, 2012
Sold by
Aurora Loan Services Llc
Bought by
Selene Rmof Ii Reo Acquisition Ii Llc

Purchase Details

Closed on
Mar 26, 2010
Sold by
Kennedy Dana Lynn
Bought by
New Hope Ministries

Purchase Details

Closed on
Jan 20, 2010
Sold by
Kennedy Phillip F and Kennedy Dana L
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Dec 26, 2007
Sold by
Kennedy Dana L
Bought by
Kennedy Phillip F and Kennedy Dana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$789,600
Interest Rate
9.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 28, 2006
Sold by
Kennedy Philip F
Bought by
Kennedy Dana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,500
Interest Rate
1%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 5, 2004
Sold by
Kennedy Philip F and Kennedy Dana L
Bought by
Kennedy Philip F and Kennedy Dana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
1.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 19, 2003
Sold by
Kennedy Philip F
Bought by
Kennedy Philip F and Kennedy Dana L

Purchase Details

Closed on
Mar 14, 2003
Sold by
Kennedy Dana L
Bought by
Kennedy Philip F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,900
Interest Rate
4.87%

Purchase Details

Closed on
Jan 30, 2003
Sold by
Turlan Yannick C and Turlan Angeline M
Bought by
Kennedy Philip F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,900
Interest Rate
4.87%

Purchase Details

Closed on
May 8, 1998
Sold by
Bartell Mark C and Bartell Beth M
Bought by
Turlan Yannick C and Turlan Angeline M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Interest Rate
6.75%

Purchase Details

Closed on
Nov 9, 1995
Sold by
Rudd Berry D and Rudd Elaine G
Bought by
Bartell Mark C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.12%

Purchase Details

Closed on
Feb 16, 1988
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hoermann Werner $462,000 First American Title Ins Co
Hoermann Werner -- First American Title Ins Co
Selene Rmof Ii Reo Acquisition Ii Llc -- First American Title Ins Co
New Hope Ministries -- None Available
Aurora Loan Services Llc $917,289 Service Link
Kennedy Phillip F -- Commerce Title Company
Kennedy Dana L -- Commonwealth Land Title Co
Kennedy Philip F -- Fidelity National Title
Kennedy Philip F -- --
Kennedy Philip F -- Chicago Title
Kennedy Philip F $750,000 Chicago Title Co
Turlan Yannick C $260,000 United Title Company
Bartell Mark C $235,000 First American Title Ins
-- $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoermann Werner $369,600
Previous Owner Kennedy Phillip F $789,600
Previous Owner Kennedy Dana L $555,500
Previous Owner Kennedy Philip F $528,000
Previous Owner Kennedy Philip F $599,900
Previous Owner Turlan Yannick C $221,000
Previous Owner Bartell Mark C $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2013 01/14/13 Sold $462,500 0.0% $203 / Sq Ft View Prior Sale
01/14/2013 01/14/13 Sold $462,500 -0.7% $203 / Sq Ft
12/15/2012 12/15/12 Pending -- -- --
12/01/2012 12/01/12 For Sale $465,900 0.0% $205 / Sq Ft
11/28/2012 11/28/12 Pending -- -- --
11/22/2012 11/22/12 For Sale $465,900 +0.7% $205 / Sq Ft
11/21/2012 11/21/12 Off Market $462,500 -- --
09/25/2012 09/25/12 For Sale $465,900 0.0% $205 / Sq Ft
09/25/2012 09/25/12 For Sale $465,900 -- $205 / 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 $6,146 $568,907 $352,477 $216,430
2024 $6,146 $557,753 $345,566 $212,187
2023 $6,017 $546,818 $338,791 $208,027
2022 $5,919 $536,098 $332,149 $203,949
2021 $5,819 $525,587 $325,637 $199,950
2020 $5,575 $520,198 $322,298 $197,900
2019 $5,472 $509,999 $315,979 $194,020
2018 $5,573 $500,000 $309,784 $190,216
2017 $5,467 $490,197 $303,710 $186,487
2016 $5,342 $480,586 $297,755 $182,831
2015 $5,261 $473,368 $293,283 $180,085
2014 $5,159 $464,096 $287,538 $176,558
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: T12119838

California Regional Multiple Listing Service (CRMLS)

APN: 125-220-20