NOT LISTED FOR SALE

408 N Pico Ave Fallbrook, CA 92028

Estimated Value: $526,669

2 Beds
2 Baths
800 Sq Ft
$658/Sq Ft Est. Value

Last Sold June 27, 2014

Last sale price $255,000 $319 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,244/month

39 Days on Market

About This Home

As of June 2014

Appraiser see confidential remarks. THREE LOTS!! Duplex on one lot, two attached vacant lots on the corner of Pico and Mission. Zoned V-2. Think of the possibilities. Busy corner for a new business. The duplex is in good shape and can bring income while deciding what to do with the commercial development of the lot. The future is bright with this property. The duplex is in good shape. It will rent well. Tenant in unit A has rented that unit for 18 years. Neighborhoods: Fallbrook Village Exterior: Wood/Stucco Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: A Unit # for Unit 2: B Unit 1 Parking Spaces: 1 Unit 2 Parking Spaces: 1 Number of Furnished Units: 0

Last Agent to Sell the Property

Melissa Dumouchel

Real Estate Center License #01400187 Listed on: 03/23/2014

Last Buyer's Agent

Melissa Dumouchel

Real Estate Center License #01400187 Listed on: 03/23/2014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,037

Year Built

1953

Lot Details

0

Listing Details

  • Park Name: Duplex
  • Subdivision Name Other: Fallbrook
  • Property Type: Residential Income
  • Parcel Number: 1031310400
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Appliances: Propane Water Heater

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Number Of Units Total: 2
  • Number With Patio: 2
  • Number With Range: 2

Tax Info

  • Tax Lot: 408-416Pico92028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2014
Closed on
Jun 27, 2014
Sold by
Harrison Berton and Harrison Shawna A
Bought by
Paulson David A
Seller's Agent
Melissa Dumouchel
Real Estate Center
Buyer's Agent
Melissa Dumouchel
Real Estate Center
List Price
$255,000
Sold Price
$255,000
Current Estimated Value
$526,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,669
Avg. Annual Appreciation
6.69%
Original Mortgage
$255,000
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 2, 2002
Sold by
Harrison Berton
Bought by
Harrison Berton
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
Paulson David A $255,000 Chicago Title Company
Harrison Berton -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paulson David A $226,859
Closed Paulson David A $255,000
Previous Owner Harrison Berton $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2014 06/27/14 Sold $255,000 0.0% $319 / Sq Ft
05/01/2014 05/01/14 Pending -- -- --
03/23/2014 03/23/14 For Sale $255,000 -- $319 / 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 $4,037 $374,725 $216,323 $158,402
2023 $3,923 $367,379 $212,082 $155,297
2022 $3,918 $360,176 $207,924 $152,252
2021 $3,793 $353,115 $203,848 $149,267
2020 $3,827 $349,495 $201,758 $147,737
2019 $3,757 $342,643 $197,802 $144,841
2018 $3,701 $335,925 $193,924 $142,001
2017 $3,629 $329,339 $190,122 $139,217
2016 $2,913 $264,059 $186,395 $77,664
2015 $2,854 $260,094 $183,596 $76,498
2014 $1,087 $96,213 $86,543 $9,670
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Melissa Dumouchel

    Real Estate Center

    (760) 758-4848

    2 in this area

    15 Total Sales

    Melissa Dumouchel
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 140015514

California Regional Multiple Listing Service (CRMLS)

APN: 103-131-04

California San Diego County Fallbrook 92028

408 N Pico Ave, Fallbrook, CA

This home is located at 408 N Pico Ave, Fallbrook, CA 92028 since 23 March 2014 and is currently estimated at $526,669, approximately $658 per square foot. This property was built in 1953. 408 N Pico Ave is a home located in San Diego County with nearby schools including William H. Frazier Elementary School, James E. Potter Intermediate School, and Fallbrook High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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