NOT LISTED FOR SALE

302 Mercedes Rd Fallbrook, CA 92028

Estimated Value: $754,366 - $908,000

4 Beds
2 Baths
1,650 Sq Ft
$487/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $580,000 $352 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,764/month

10 Days on Market

Highlights

  • Gated Parking
  • Neighborhood Views
  • Forced Air Heating and Cooling System
  • Private Yard
  • 2 Car Garage
  • Family Room

About This Home

As of March 2021

This 4 bedroom 2 bath home with an attached 2 car garage is situated on a large lot. The backyard is has a large patio area for outside entertaining. The kitchen complete with a breakfast bar has lots of storage and granite countertops. There is a large dining area next to the kitchen which is perfect for entertaining. The living room has a large brick fireplace. This house has nice high ceilings. All together a very nice family home.

Last Agent to Sell the Property

Kurt Steffien

Realty Discount Corporation License #01846666 Listed on: 10/15/2020

Last Buyer's Agent

Kurt Steffien

Realty Discount Corporation License #01846666 Listed on: 10/15/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 0.5 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Private Yard
  • Property is zoned R-1:SINGLE

Parking

  • 2 Car Garage
  • Gated Parking

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,650 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Neighborhood Views
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 105-410-61-00

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: North County
  • Cross Street: E Alvarado St / Mercedes Rd
  • Neighborhood: FALLBROOK
  • Estimated Living Space: 1,500 to 1,999 SqFt
  • LP / Sq Ft: 350.91
  • Price Per Sq Ft: 351.52
  • SP/ Sq Ft: 351.52
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1987
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Searchable Rooms: Dining Area, Family Room, Kitchen, Master Bedroom, All Bedrooms Down, Master Bathroom
  • Total Bedrooms: 4
  • Bedrooms: 3
  • Master Bedroom Dimensions: 13x13
  • Full Bathrooms: 2
  • Laundry Location: Garage
  • Estimated Sq Ft: 1650
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Wood
  • Fencing: Partial
  • Roof: Composition
  • View: Neighborhood
  • Exclusive Use Yard: Yes

Garage/Parking

  • Parking for RV: Gated
  • Garage Details: Attached
  • Garage Spaces: 2
  • Non Garage Parking: Detached
  • Parking Spaces Total: 4

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Gas
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Fireplace, Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: FALLBROOK

Lot Info

  • Lot Size: .25 to .5 AC
  • Topography: Level, Slope Gentle, Slope Steep
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 105-410-61-00
  • Estimated Lot Sq Ft: 21780
  • Estimated Number of Acres: 0.5
  • Map Code Column: H
  • Map Code Page: 1027
  • Map Code Row: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2020
Sold by
Barnes Carrie
Bought by
Gowen Jason Aaron Michael and Hetrick Shane
Current Estimated Value
$804,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,494
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 2, 2005
Sold by
Barnes Timothy Scott and Barnes Carrie
Bought by
Barnes Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.01%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 18, 2002
Sold by
Barnes Timothy Scott
Bought by
Barnes Timothy Scott and Barnes Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.59%

Purchase Details

Closed on
Nov 17, 1998
Sold by
Selby Michael S and Selby Mary A
Bought by
Barnes Timothy Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
6.78%

Purchase Details

Closed on
Nov 10, 1998
Sold by
Barnes Carrie
Bought by
Barnes Timothy Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
6.78%

Purchase Details

Closed on
Jan 24, 1996
Sold by
Selby Michael S
Bought by
Selby Michael S and Selby Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.25%

Purchase Details

Closed on
Mar 6, 1989
Sold by
Zumwalt M Dean
Bought by
Selby Michael S

Purchase Details

Closed on
Feb 15, 1989

Purchase Details

Closed on
Jan 29, 1988
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Gowen Jason Aaron Michael $580,000 Corinthian Title Company
Barnes Carrie -- Ticor Title Co Of California
Barnes Timothy Scott -- Chicago Title Co
Barnes Timothy Scott $182,500 First American Title
Barnes Timothy Scott -- First American Title
Selby Michael S -- American Title Ins Co
Selby Michael S -- American Title Ins Co
Selby Michael S $12,000 American Title Ins Co
-- $144,000 --
-- $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gowen Jason Aaron Michael $569,494
Previous Owner Barnes Carrie $275,000
Previous Owner Barnes Timothy Scott $180,000
Previous Owner Barnes Timothy Scott $136,800
Previous Owner Selby Michael S $112,000
Closed Barnes Timothy Scott $27,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2021 03/15/21 Sold $580,000 +0.2% $352 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $579,000 -- $351 / Sq Ft
Source: San Diego MLS

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 $6,608 $627,807 $235,442 $392,365
2024 $6,608 $615,498 $230,826 $384,672
2023 $6,412 $603,430 $226,300 $377,130
2022 $6,415 $591,599 $221,863 $369,736
2021 $2,777 $264,296 $99,117 $165,179
2020 $2,800 $261,587 $98,101 $163,486
2019 $2,747 $256,459 $96,178 $160,281
2018 $2,704 $251,432 $94,293 $157,139
2017 $2,650 $246,503 $92,445 $154,058
2016 $2,582 $241,671 $90,633 $151,038
2015 $2,534 $238,042 $89,272 $148,770
2014 $2,485 $233,380 $87,524 $145,856
Source: Public Records

Agents Affiliated with this Home

  • Kurt Steffien

    Seller's Agent in 2021

    Kurt Steffien

    Realty Discount Corporation

    (562) 372-3345

    3 in this area

    63 Total Sales

    Kurt Steffien
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Map

Source: San Diego MLS

MLS Number: 200048734

San Diego MLS

APN: 105-410-61

California San Diego County Fallbrook 92028

302 Mercedes Rd, Fallbrook, CA

Not Listed for Sale

Detached

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