NOT LISTED FOR SALE

410 Ammunition Rd Fallbrook, CA 92028

Estimated Value: $737,700 - $810,000

4 Beds
2 Baths
2 Sq Ft
$389,950/Sq Ft Est. Value

Last Sold July 26, 2017

Last sale price $365,000 $182,500 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $4,528/month

98 Days on Market

About This Home

As of July 2017

Great investment property or live in one and rent the other one. Each unit have a 2 bed-1 bath, both Properties are tenant occupied. The property is sold AS-IS condition, seller will not do any repairs. Property is under foreclosure. please do not disturb tenants. Send offer subject to interior inspection.

Last Agent to Sell the Property

Maricela Castillo

Realty ONE Group Southwest License #01765678 Listed on: 02/27/2017

Realty ONE Group Southwest

Last Buyer's Agent

Michael Erickson

Eagle Nest Realty License #01445183

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 0.26 Acre Lot
  • Property fronts a county road
  • No Units Above
  • 1 Common Wall
  • Land Lease

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • 2 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 189
  • Assessor Parcel Number 1041620900

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $300
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • New Taxes Expense $3,437
  • Operating Expense $1,800
  • Net Operating Income $26,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1200.00
  • Zoning: R4
  • Property Type: Residential Income
  • Parcel Number: 1041620900
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall, No One Above
  • Levels: One

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Asphalt
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Near Public Transit, Walkstreet
  • Lot Size Sq Ft: 11326.00

Multi Family

  • Gross Scheduled Income: 28000.00
  • Insurance Expense: 300.00
  • Net Operating Income: 26000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 1800.00
  • Rent Control: No
  • Total Actual Rent: 2400.00
  • Total Expenses: 1800.00

Tax Info

  • New Taxes Expense: 3437.00
  • Tax Census Tract: 189.06
  • Tax Lot: 1
  • Tax Tract Number: 189

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2020
Sold by
Tk Marketing Llc
Bought by
Pimentel Ernesto Roa and Pimentel Rosa Margarita
Current Estimated Value
$779,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,625
Outstanding Balance
$400,889
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$379,011

Purchase Details

Closed on
Nov 3, 2017
Sold by
Reed Todd W and Reed Kimberly M
Bought by
Tk Marketing Llc

Purchase Details

Listed on
Feb 27, 2017
Closed on
Jul 23, 2017
Sold by
Reed Todd W
Bought by
Reed Todd W and Reed Kimberly M
Seller's Agent
Maricela Castillo
Realty ONE Group Southwest
Buyer's Agent
Michael Erickson
Eagle Nest Realty
List Price
$365,000
Sold Price
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.40%
Original Mortgage
$292,000
Interest Rate
3.91%
Mortgage Type
Unknown

Purchase Details

Listed on
Feb 27, 2017
Closed on
Jul 20, 2017
Sold by
Rodriguez Lilla M
Bought by
Reed Todd W
Seller's Agent
Maricela Castillo
Realty ONE Group Southwest
Buyer's Agent
Michael Erickson
Eagle Nest Realty
List Price
$365,000
Sold Price
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
3.91%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 21, 2012
Sold by
Rodriguez Jaime
Bought by
Rodriguez Jaime and Rodriguez Lilia M

Purchase Details

Closed on
Feb 27, 2006
Sold by
Collins John E and Collins Eileen K
Bought by
Rodriguez Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
2%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 27, 1999
Sold by
Collins Eileen K
Bought by
The Collins Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Pimentel Ernesto Roa $477,500 Fidelity Natl Ttl San Diego
Tk Marketing Llc -- None Available
Reed Todd W -- Title 365
Reed Todd W -- Title365
Reed Todd W $365,000 Stewart Title
Rodriguez Jaime -- Accommodation
Rodriguez Jaime $430,000 Commonwealth Land Title Co
Rodriguez Jaime -- Commonwealth Land Title Co
The Collins Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pimentel Ernesto Roa $453,625
Previous Owner Reed Todd W $292,000
Previous Owner Rodriguez Jaime $387,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2017 07/26/17 Sold $365,000 0.0% $182,500 / Sq Ft
06/05/2017 06/05/17 Pending -- -- --
05/17/2017 05/17/17 Price Changed $365,000 0.0% $182,500 / Sq Ft
05/17/2017 05/17/17 For Sale $365,000 0.0% $182,500 / Sq Ft
03/13/2017 03/13/17 Off Market $365,000 -- --
02/27/2017 02/27/17 For Sale $390,000 -- $195,000 / 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 $5,444 $516,860 $335,553 $181,307
2024 $5,444 $506,726 $328,974 $177,752
2023 $5,284 $496,791 $322,524 $174,267
2022 $5,287 $487,050 $316,200 $170,850
2021 $5,109 $477,500 $310,000 $167,500
2020 $4,144 $379,746 $218,484 $161,262
2019 $4,062 $372,300 $214,200 $158,100
2018 $4,001 $365,000 $210,000 $155,000
2017 $4,108 $375,000 $340,000 $35,000
2016 $3,437 $315,000 $286,000 $29,000
2015 $3,272 $300,000 $273,000 $27,000
2014 $3,274 $300,000 $273,000 $27,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW17040011

California Regional Multiple Listing Service (CRMLS)

APN: 104-162-09