$300,000
SOLD SEP 15, 2016

40710 Daily Rd Fallbrook, CA 92028

21 Acres
$14,563 Price per Acre
897,336 Sq Ft Lot

Recently Sold

$240 Per Sq Ft

131 Days on Market

About This Lot

As of February 2018

PRICE SLASHED 50%!! FIRST TIME ON THE MARKET IN 50 YEARS! This gorgeous property in the beautiful Fallbrook/De Luz area has gentle slopes to flat topography. Panoramic views where you can build your dream home. Water meter & elec. previous. home was recently demolished. Very desirable location with motivated seller. Property has own Lake with fish. Suitable for horses, livestock or nursery. Great investment opportunity. Neighborhoods: De Luz Other Fees: 0 Sewer: Septic Installed

Last Agent to Sell the Property

Jeff Kane

Coldwell Banker West License #01915649 Listed on: 04/09/2016

Coldwell Banker West

Last Buyer's Agent

Jeff Kane

Coldwell Banker West License #01915649 Listed on: 04/09/2016

Coldwell Banker West

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,559

Year Built

  • 1986

Lot Details

  • 20.6 Acre Lot
  • The property's topography is level,rolling,slope gentle
  • Property is zoned A70

Listing and Financial Details

  • Assessor Parcel Number 10129047

Property Details

Property Type

Land

Est. Annual Taxes

$5,559

Year Built

1986

Lot Details

0

Listing Details

  • Assessments: No
  • Subdivision Name Other: Fallbrook
  • Zoning: A70
  • Property Type: Land
  • Parcel Number: 10129047
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1986

Exterior Features

  • Fence: No

Lot Info

  • Topography: Level,Rolling,Slope Gentle
  • Lot Size Acres: 20.6000

Multi Family

  • Lot Size Area: 20.6000 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2017
Closed on
Jan 26, 2018
Sold by
Fletcher Sally W
Bought by
Fallbrook Station Llc
Seller's Agent
Ralph Foster
Sunshine Properties RealEstate
List Price
$900,000
Sold Price
$900,000
Total Days on Market
131
Current Estimated Value
$623,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$276,500
Avg. Annual Appreciation
-7.61%
Original Mortgage
$580,000
Outstanding Balance
$496,813
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$8,187

Purchase Details

Listed on
Apr 9, 2016
Closed on
Aug 5, 2016
Sold by
Jack Erickson & Associates
Bought by
Fletcher Sally W
Seller's Agent
Jeff Kane
Coldwell Banker West
Buyer's Agent
Jeff Kane
Coldwell Banker West
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
117.96%

Purchase Details

Closed on
May 25, 2005
Sold by
Millhouse One Llc
Bought by
Licari Salvatore and Licari Ercilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
5.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 1, 2003
Sold by
Jack Erickson & Associates
Bought by
Millhouse One Llc
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Grant Deed $900,000 Fidelity National Title Comp
Grant Deed $300,000 First American Title Company
Grant Deed $1,050,000 Ticor Title Co
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $580,000 Purchase Money Mortgage
Previous Owner $610,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2018 02/12/18 Sold $900,000 0.0% $720 / Sq Ft
01/02/2018 01/02/18 Pending -- -- --
10/11/2017 10/11/17 For Sale $900,000 +200.0% $720 / Sq Ft
09/15/2016 09/15/16 Sold $300,000 0.0% $240 / Sq Ft
08/18/2016 08/18/16 Pending -- -- --
04/09/2016 04/09/16 For Sale $300,000 -- $240 / 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
2024 $5,559 $457,361 $457,361 --
2023 $5,729 $448,394 $448,394 $0
2022 $5,732 $439,602 $439,602 $0
2021 $5,571 $430,983 $430,983 $0
2020 $5,607 $426,564 $426,564 $0
2019 $5,515 $418,200 $418,200 $0
2018 $5,414 $407,008 $407,008 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 160051308

California Regional Multiple Listing Service (CRMLS)

APN: 101-290-61