NOT LISTED FOR SALE

2805 Overland Trail Fallbrook, CA 92028

Estimated Value: $421,540 - $968,000

1.98 Acres
$307,013 Price per Acre
86,249 Sq Ft Lot

Last Sold June 27, 2023

Last sale price $400,000

Est. 53% increase in value since last sale

Current estimated payment $3,562/month

13 Days on Market

Highlights

  • Golf Course Community
  • 1.98 Acre Lot
  • Hiking Trails
  • City Lights View
  • No HOA
  • Horse Trails

About This Lot

As of June 2023

The subject property consists of approximately 1.98 acres of vacant land. The site is flat and has been rough graded. The Rural Residential zoning allows for a variety of uses providing the buyer with flexibility and creative options for development including residential, group residential and group care, storage, child care facility, a winery, and much more.

Last Agent to Sell the Property

Alex Bentley

Lee & Associates License #02062959 Listed on: 04/20/2023

Lee & Associates

Last Buyer's Agent

Ryan Nestman

Deseret Realty License #01773192

Property Details

Property Type

  • Land

Lot Details

  • 1.98 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned RR, Rural Residential

Property Views

  • City Lights
  • Mountain
  • Hills
  • Neighborhood

Location

  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 1230105200

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Horse Trails
  • Hiking Trails

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Assessments: No
  • View: Yes
  • Zoning: RR
  • Zoning Description: Rural Residential
  • Property Type: Land
  • Parcel Number: 1230105200
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 4.64

Exterior Features

  • View: City Lights, Hills, Mountain(s), Neighborhood
  • Fence: No

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Golf, Horse Trails, Suburban, Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 1.98 Acres
  • Lot Size Sq Ft: 86248.80
  • Lot Size Acres: 1.9800

Multi Family

  • Lot Size Area: 1.9800 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
May 19, 2023
Sold by
Address Improvements Inc
Bought by
2805 Overland Llc
Seller's Agent
Alex Bentley
Lee & Associates
Buyer's Agent
Ryan Nestman
Deseret Realty
List Price
$500,000
Sold Price
$400,000
Premium/Discount to List
-$100,000
-20%
Views
26
Current Estimated Value
$611,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,670
Avg. Annual Appreciation
18.14%
Original Mortgage
$250,000
Outstanding Balance
$243,099
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$364,786

Purchase Details

Closed on
Mar 7, 2022
Sold by
Country Gardens Ii Llc
Bought by
Address Improvements Inc

Purchase Details

Closed on
Oct 4, 2016
Sold by
Address Improvements Inc
Bought by
Country Gardens Ii Llc

Purchase Details

Closed on
Mar 24, 2010
Sold by
Fallbrook Public Utility District
Bought by
Address Improvements Inc

Purchase Details

Closed on
Sep 3, 2008
Sold by
Zinner Karl and Zinner Barbara J
Bought by
Address Improvements Inc

Purchase Details

Closed on
Sep 8, 2004
Sold by
Rich 80
Bought by
Zinner Karl and Zinner Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,200
Interest Rate
6.06%
Mortgage Type
Unknown

Purchase Details

Closed on
May 2, 2001
Sold by
Moore Richard L and Moore Verla L
Bought by
Rich 80

Purchase Details

Closed on
Dec 13, 1985
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
2805 Overland Llc $400,000 Chicago Title
Address Improvements Inc -- None Listed On Document
Country Gardens Ii Llc -- None Available
Address Improvements Inc -- None Available
Address Improvements Inc -- None Available
Zinner Karl $310,000 First American Title
Rich 80 $145,000 First American Title
-- $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2805 Overland Llc $250,000
Previous Owner Zinner Karl $351,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2023 06/27/23 Sold $400,000 -20.0% --
05/03/2023 05/03/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $500,000 -- --
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 $4,402 $416,160 $416,160 --
2024 $4,402 $408,000 $408,000 --
2023 $5,451 $510,000 $510,000 $0
2022 $14,905 $1,349,901 $1,349,901 $0
2021 $14,401 $1,349,901 $1,349,901 $0
2020 $14,514 $1,336,060 $1,336,060 $0
2019 $14,225 $1,309,863 $1,309,863 $0
2018 $14,011 $1,284,180 $1,284,180 $0
2017 $13,736 $1,259,000 $1,259,000 $0
2016 $2,873 $260,000 $260,000 $0
2015 $2,223 $200,000 $200,000 $0
2014 $1,792 $160,000 $160,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2302873

California Regional Multiple Listing Service (CRMLS)

APN: 123-010-52