NOT LISTED FOR SALE

4030 Palomar Dr Fallbrook, CA 92028

Estimated Value: $1,170,556 - $1,258,000

4 Beds
2.5 Baths
2,942 Sq Ft
$413/Sq Ft Est. Value

Last Sold October 26, 2020

Last sale price $865,000 $294 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $7,271/month

4 Days on Market

Highlights

  • 2.08 Acre Lot
  • Bonus Room
  • Workshop
  • La Paloma Elementary School Rated 9+
  • Home Office
  • Fireplace

About This Home

As of October 2020

Spacious Single-Story Home, 2942 sq ft, 3 Car Garage + plenty of RV Parking. Detached 3000 sq ft, 2 Story Workshop w/Car Lift, 1 and 3 Phase Electricity, Bathroom, Office & Deck. Includes 2 Permitted Storage Containers. 2.08 Acre Usable Lot. A great opportunity to live & work at home! Beautiful open floor plan, updated kitchen, laundry and guest bath. Attached 2 car garage, detached 1 car garage. Workshop perfect for car enthusiasts and many options. Call today to schedule a showing of this unique home! [Supplement]: Home offers beautifully renovated granite/ stainless kitchen, open beam ceilings, extra room and view deck. Tons of natural light inside. Master bedroom has huge walk-in closet and spectacular en-suite bath with heated floors, jetted tub, walk in shower and steam room! Additional detached 1 car garage to store your favorite toy or convert into a SHE SHED for the Mrs. Huge 3000+ sq ft workshop can store and power anything you'd like. Perfect for cars, bikes, growers or animals. Be sure to check local code.

Last Agent to Sell the Property

Frank Cortes

LPT Realty License #01380173 Listed on: 09/07/2020

LPT Realty

Last Buyer's Agent

Gerardo Cuevas

Su Casa Realty License #01203407

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,892

Year Built

  • Built in 1979

Lot Details

  • 2.08 Acre Lot
  • Partially Fenced Property
  • Lot Has A Rolling Slope
  • Property is zoned R-1:SINGLE

Parking

  • 3 Car Attached Garage
  • 50 Open Parking Spaces
  • Carport
  • Parking Available
  • Garage Door Opener
  • Driveway

Home Design

  • Tile Roof
  • Asphalt Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,942 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Formal Entry
  • Family Room
  • Home Office
  • Bonus Room
  • Workshop

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Propane Dryer Hookup

Outdoor Features

  • Fire Pit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 1234800700

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,892

Year Built

Built in 1979

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Fallbrook
  • Zoning: R-1:SINGLE
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1234800700
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2942.00 Square Feet
  • Stories: 1
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Fire Pit
  • Levels: One
  • Price Per Square Foot: 294.02
  • Room Type: All Bedrooms Down, Bonus Room, Family Room, Formal Entry, Main Floor Bedroom, Main Floor Master Bedroom, Office, Walk-In Closet, Workshop

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Asphalt, Tile
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Attached Carport, Detached Carport, Driveway, Garage Door Opener
  • Total Parking Spaces: 53.00
  • Uncovered Spaces: 50.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave
  • Heating Type: Forced Air, Propane
  • Laundry Features: Individual Room, Propane Dryer Hookup
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Features: Rolling Slope
  • Lot Size Sq Ft: 90604.00
  • Lot Size Acres: 2.0800

Multi Family

  • Lot Size Area: 90604.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2021
Sold by
Olsen Eric T and Olsen Elizabeth W
Bought by
Olsen Eric T and Olsen Elizabeth W
Current Estimated Value
$1,215,889

Purchase Details

Listed on
Sep 7, 2020
Closed on
Oct 4, 2020
Sold by
Munck Gary F and Munck Pamela K
Bought by
Olsen Eric T and Olsen Elizabeth W
Seller's Agent
Frank Cortes
LPT Realty
Buyer's Agent
Gerardo Cuevas
Su Casa Realty
List Price
$859,000
Sold Price
$865,000
Premium/Discount to List
$6,000
0.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$718,250
Outstanding Balance
$637,681
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$578,208

Purchase Details

Closed on
Jan 22, 2018
Sold by
Munck Gary F and Munck Pamela K
Bought by
Munck Gary F and Munck Pamela K
Source: Public Records

Range of Values:

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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
Olsen Eric T -- None Available
Olsen Eric T $865,000 North American Title Company
Munck Gary F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olsen Eric T $718,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2020 10/26/20 Sold $865,000 +0.7% $294 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
09/07/2020 09/07/20 For Sale $859,000 -- $292 / 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 $9,892 $936,299 $339,324 $596,975
2024 $9,892 $917,941 $332,671 $585,270
2023 $9,581 $899,944 $326,149 $573,795
2022 $9,586 $882,299 $319,754 $562,545
2021 $9,263 $865,000 $313,485 $551,515
2020 $4,456 $411,920 $149,284 $262,636
2019 $4,367 $403,844 $146,357 $257,487
2018 $4,300 $395,927 $143,488 $252,439
2017 $751 $388,165 $140,675 $247,490
2016 $4,109 $380,555 $137,917 $242,638
2015 $4,044 $374,840 $135,846 $238,994
2014 $3,967 $367,498 $133,185 $234,313
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200043597

California Regional Multiple Listing Service (CRMLS)

APN: 123-480-07