$448,000
SOLD JUN 6, 2016

40190 Daily Rd Fallbrook, CA 92028

3 Beds
2 Baths
2,100 Sq Ft
2.22 Acres

Recently Sold

$213 Per Sq Ft

25 Days on Market

Highlights

  • Wood Flooring
  • Breakfast Area or Nook
  • Fireplace
  • Den
  • Workshop
  • Laundry Room

About This Home

As of July 2017

Beautiful lake front property with views! Situated on rolling hills of 2.22 acres, this property is equipped with a 5,000 gallon well that puts out 20 gpm, plenty for irrigation. Agriculture zoning, Solar panel for solar assisted water heater, utilities very low. New carpet, painting, kitchen flooring & bathrooms upgrade. Fully fenced, and private. Detached 20x20 red barn. Organic farming may be possible. Refrigerator, washer/dryer/TV conveys. Variety of fruit trees. Room for goats, chickens, dogs [Supplement]: Beautiful views of the lake and private makes this property desirable for a first time home owner or as a second home to use as a vacation get away. Free from any pesticides for the last three years, may qualify for organic farming. Upgrades to the home include new carpet, new painting throughout home, new kitchen linoleum and new bathrooms along with two new water tanks for the well. Dining room has beautiful wood flooring. Off the kitchen is a large family room. Three bedrooms plus two full baths with 180 degree views from front of home. Large concrete block patio sits in the front for full view of lake and surrounding mountain area. Solar panel for solar assisted water heater makes utilities very low. Small chicken coop, small kennel and a variety of fruit trees with room to roam. All fruit trees are all fed by automatic water system fed by the well. Water Meter on property, however it is not used on property. 2 new water tanks have been added in the last two years. Fully fenced property gives the privacy you are looking for. There is a lake association fee of $150/yr if you want to be part of the lake association.

Last Agent to Sell the Property

Debra Sorensen

Pam Moss, Broker License #01496577 Listed on: 04/01/2016

Last Buyer's Agent

Nathan Hagan

Coldwell Banker Realty License #01189457

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,962

Year Built

  • Built in 1974

Lot Details

  • Steep Slope
  • Property is zoned Agricultur

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Detached Carport Space
  • Parking Available

Home Design

  • Fire Rated Drywall
  • Tile Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,100 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Family Room
  • Den
  • Workshop

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Well

Additional Features

  • Solar Water Heater
  • Fire Pit

Listing and Financial Details

  • Assessor Parcel Number 1014801200

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,962

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Fallbrook
  • Zoning: Agricultur
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1014801200
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2100.00 Square Feet
  • Stories: 1
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook
  • Fireplace Features: Fire Pit
  • Levels: One
  • Price Per Square Foot: 213.33
  • Room Type: Den, Family Room, Main Floor Bedroom, Main Floor Master Bedroom, Workshop

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Private: No
  • Roof: Tile
  • Construction Materials: Drywall Walls, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Refrigerator, Solar Hot Water
  • Heating Type: Electric, Fireplace(s), Forced Air
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Washer Included
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: Fallbrook Union Elementary

Lot Info

  • Land Lease: No
  • Lot Features: Rolling Slope, Steep Slope

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2017
Closed on
Jun 14, 2017
Sold by
Redmon Daniel Allen and Redmon Michele
Bought by
Ochavillo Reindhart O and Ochavillo Michelle O
Seller's Agent
Eliot Rachman
Century 21 Affiliated
Buyer's Agent
Mercy Gonzales
California Finance & Investment Inc.
List Price
$495,000
Sold Price
$495,000
Current Estimated Value
$877,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,336
Avg. Annual Appreciation
7.18%
Original Mortgage
$486,034
Interest Rate
3.94%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 1, 2016
Closed on
May 11, 2016
Sold by
Dietrich Barbara K
Bought by
Redmon Daniel Allen and Redmon Michele
Seller's Agent
Debra Sorensen
Pam Moss, Broker
Buyer's Agent
Nathan Hagan
Coldwell Banker Realty
List Price
$448,000
Sold Price
$448,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.49%
Original Mortgage
$457,632
Interest Rate
3.59%
Mortgage Type
VA

Purchase Details

Listed on
Jan 11, 2012
Closed on
May 22, 2012
Sold by
Castro David
Bought by
Dietrich Barbara K
Seller's Agent
Colette Lipsey
Keller Williams Realty
Buyer's Agent
Len Farace
Len Farace, Broker
List Price
$300,000
Sold Price
$213,000
Premium/Discount to List
-$87,000
-29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.00%
Original Mortgage
$217,346
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2001
Sold by
Castro David
Bought by
Castro David and Castro John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,300
Interest Rate
7.11%

Purchase Details

Closed on
Mar 2, 2001
Sold by
Castro John
Bought by
Castro David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,300
Interest Rate
7.11%

Purchase Details

Closed on
Aug 20, 1999
Sold by
David Castro
Bought by
Castro David and Castro John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
7.56%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 25, 1997
Sold by
Castro David
Bought by
Castro David and Castro John M

Purchase Details

Closed on
Aug 25, 1997
Sold by
Picker Clarence L and Picker Frances L
Bought by
Castro David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
7.62%
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
Grant Deed $495,000 Lawyers Title
Grant Deed $448,000 Ticor Title San Diego
Grant Deed $213,500 Lawyers Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Commonwealth Land Title Co
Interfamily Deed Transfer -- United Title Company
Interfamily Deed Transfer -- --
Grant Deed $226,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $469,500 New Conventional
Closed $12,838 FHA
Closed $486,034 FHA
Previous Owner $457,632 VA
Previous Owner $273,000 New Conventional
Previous Owner $264,500 New Conventional
Previous Owner $217,346 New Conventional
Previous Owner $480,000 Negative Amortization
Previous Owner $467,500 Negative Amortization
Previous Owner $424,800 Balloon
Previous Owner $544,185 FHA
Previous Owner $207,300 Unknown
Previous Owner $199,300 No Value Available
Previous Owner $187,500 Stand Alone First
Previous Owner $202,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2017 07/14/17 Sold $495,000 0.0% $236 / Sq Ft
05/26/2017 05/26/17 Pending -- -- --
05/09/2017 05/09/17 For Sale $495,000 +10.5% $236 / Sq Ft
06/06/2016 06/06/16 Sold $448,000 0.0% $213 / Sq Ft
04/26/2016 04/26/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $448,000 +110.3% $213 / Sq Ft
07/12/2012 07/12/12 Sold $213,000 -22.5% $101 / Sq Ft
02/08/2012 02/08/12 Pending -- -- --
02/01/2012 02/01/12 Price Changed $275,000 -8.3% $131 / Sq Ft
01/09/2012 01/09/12 For Sale $300,000 -- $143 / 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 $5,962 $563,218 $251,436 $311,782
2024 $5,962 $552,175 $246,506 $305,669
2023 $5,804 $541,349 $241,673 $299,676
2022 $5,805 $530,735 $236,935 $293,800
2021 $5,612 $520,330 $232,290 $288,040
2020 $5,654 $514,996 $229,909 $285,087
2019 $5,543 $504,899 $225,401 $279,498
2018 $5,459 $495,000 $220,982 $274,018
2017 $5,121 $456,960 $204,000 $252,960
2016 $2,475 $221,568 $104,023 $117,545
2015 $2,437 $218,241 $102,461 $115,780
2014 $2,392 $213,967 $100,454 $113,513
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 160017081

California Regional Multiple Listing Service (CRMLS)

APN: 101-480-12