Clark Moses
Stonegate Realty & Mortgage
(858) 630-6787
54 Total Sales
1 in Fallbrook
$640,000 Price
331 S Main Ave Fallbrook, CA 92028
Fallbrook Area
11
Beds
8
Baths
2,582
Sq Ft
8,798
Sq Ft Lot
Highlights
- View of Hills
- No HOA
- Living Room
- Property is near public transit
- Cooling System Mounted To A Wall/Window
- Landscaped
About This Home
As of November 2024331 S Main Ave is an apartment complex located in the heart of Fallbrook. The property consists of 5 permitted units and 3 additional bootleg rentals, for a total of 8. There are 5 two-bedroom anjavascript:void(0);d one-bath units, 2 studios, and 1 one-bedroom one bath unit. In 2023, the units were significantly renovated inside and out. For the exterior the ownership put on new roofs, siding, dual pane windows, fencing, paint, artifcial turf, and drought-tolerant landscaping. Interior there are new kitchen cabinets, counter tops, flooring, paint, sinks, and vanities. Based on in place income of approx. $14,000 a month this turn-key investment offers it all, cash flow without any heavy repositioning.
Last Agent to Sell the Property
Cody Evans
South Coast Commercial Inc. License #01399935 Listed on: 10/14/2024
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 8,798 Sq Ft Lot
- 1 Common Wall
- Landscaped
- Back and Front Yard
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 2,582 Sq Ft Home
- 2-Story Property
- Living Room
- Views of Hills
Bedrooms and Bathrooms
- 11 Bedrooms
- 8 Full Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- No Heating
Additional Features
- Rain Gutters
- Property is near public transit
Community Details
- No Home Owners Association
- 8 Units
Listing and Financial Details
- Tax Tract Number 4
- Assessor Parcel Number 1040521400
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 14, 2024
Closed on
Nov 15, 2024
Sold by
Bought by
Seller's Agent
Cody Evans
South Coast Commercial Inc.
Buyer's Agent
Eric Tackett
eXp Realty of California, Inc.
List Price
$1,599,000
Sold Price
$1,500,000
Premium/Discount to List
-$99,000
-6.19%
Views
22
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.32%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 2, 2022
Closed on
Mar 21, 2023
Sold by
Bought by
Seller's Agent
Brendan Flynn
South Coast Commercial, Inc.
Buyer's Agent
Cody Evans
South Coast Commercial, Inc.
List Price
$995,000
Sold Price
$875,000
Premium/Discount to List
-$120,000
-12.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.19%
Original Mortgage
$1,067,500
Interest Rate
6.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 14, 2017
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.03%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jun 5, 2017
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.03%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 3, 2014
Sold by
Bought by
Purchase Details
Closed on
Apr 16, 2014
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.23%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Fallbrook, CA
-
Clark Moses
-
Gary Cooper
Gary Cooper
Mountain Trust Realty Services
(858) 304-7567
41 Total Sales
1 in Fallbrook
$700,000 Price
-
Virginia Gissing
Virginia Gissing
RE/MAX Connections
(949) 978-0703
59 Total Sales
53 in Fallbrook
$63K - $1.7M Price Range
-
Tina Alcoser
Tina Alcoser
Generations Realty
(760) 576-2234
14 Total Sales
1 in Fallbrook
$123,000 Price
-
Scott Robeson
Scott Robeson
Compass
(858) 251-7928
35 Total Sales
1 in Fallbrook
$994,500 Price
-
Theresa Manalang
Theresa Manalang
The Avenue Home Collective
(858) 648-5415
31 Total Sales
1 in Fallbrook
$1,037,200 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,500,000 | Corinthian Title | ||
| $875,000 | Chicago Title | ||
| -- | None Available | ||
| -- | Chicago Title Company Sd | ||
| $470,000 | Chicago Title Company | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $550,000 | ||
| Closed | $600,000 | ||
| Previous Owner | $1,067,500 | ||
| Previous Owner | $400,000 | ||
| Previous Owner | $400,000 | ||
| Previous Owner | $85,000 | ||
| Previous Owner | $400,000 | ||
| Previous Owner | $100,000 | ||
| Previous Owner | $300,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/21/2024 11/21/24 | Sold | $1,500,000 | -6.2% | $581 / Sq Ft | |
| 11/12/2024 11/12/24 | Pending | -- | -- | -- | |
| 10/14/2024 10/14/24 | For Sale | $1,599,000 | +82.7% | $619 / Sq Ft | |
| 04/07/2023 04/07/23 | Sold | $875,000 | -12.1% | $339 / Sq Ft | View Prior Sale |
| 02/20/2023 02/20/23 | Pending | -- | -- | -- | |
| 11/02/2022 11/02/22 | For Sale | $995,000 | -- | $385 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $16,148 | $1,530,000 | $510,000 | $1,020,000 |
| 2025 | $16,148 | $1,500,000 | $500,000 | $1,000,000 |
| 2024 | $9,587 | $892,500 | $408,000 | $484,500 |
| 2023 | $8,597 | $808,748 | $646,999 | $161,749 |
| 2022 | $8,601 | $792,891 | $634,313 | $158,578 |
| 2021 | $8,336 | $777,345 | $621,876 | $155,469 |
| 2020 | $8,415 | $769,375 | $615,500 | $153,875 |
| 2019 | $8,267 | $754,290 | $603,432 | $150,858 |
| 2018 | $8,142 | $739,500 | $591,600 | $147,900 |
Source: Public Records
Agents Affiliated with this Home
-
C
Seller's Agent in 2024
Cody Evans
South Coast Commercial Inc.
-
Eric Tackett
E
Buyer's Agent in 2024
Eric Tackett
eXp Realty of California, Inc.
(888) 832-7179
15 Total Sales
-
Brendan Flynn
Seller's Agent in 2023
Brendan Flynn
South Coast Commercial, Inc.
(339) 222-3361
47 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PTP2406337
APN: 104-052-07-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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