NOT LISTED FOR SALE

410 Ammunition Rd Fallbrook, CA 92028

Estimated Value: $730,829 - $852,000

4 Beds
2 Baths
1,800 Sq Ft
$438/Sq Ft Est. Value

Last Sold September 16, 2020

Last sale price $477,500 $265 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,551/month

45 Days on Market

Highlights

  • Partially Fenced Property
  • Gravity Heating System
  • 1-Story Property

About This Home

As of September 2020

Tons of potential! Two 2 bed/1 bath units with individual yards. (One unit garage has been converted to a 3rd.bedroom). Both units have newer bathrooms and yards. Located right in the middle of town across from Albertson's square. Units are under rented.

Last Agent to Sell the Property

Rudy Gallegos

RE/MAX Connections License #01493156 Listed on: 06/25/2020

RE/MAX Connections

Last Buyer's Agent

Bret Hasvold

United Real Estate San Diego License #01987490

United Real Estate San Diego

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 10,454 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • Parking Available
  • Uncovered Parking

Utilities

  • Wall Furnace
  • Gravity Heating System
  • Gas Water Heater

Community Details

  • 2 Units
  • Operating Expense $2,400

Listing and Financial Details

  • Assessor Parcel Number 1041620900

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • CapRate: 6.00
  • Property Attached: No
  • Subdivision Name Other: Fallbrook
  • Property Type: Residential Income
  • Parcel Number: 1041620900
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered

Utilities

  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Electric, Gravity, Wall Furnace

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.2400

Multi Family

  • Gross Multiplier: 0.07
  • Gross Scheduled Income: 32400.00
  • Lot Size Area: 0.2400 Acres
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Total Expenses: 2400.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Aug 12, 2020
Sold by
Tk Marketing Llc
Bought by
Pimentel Ernesto Roa and Pimentel Rosa Margarita
Seller's Agent
Rudy Gallegos
RE/MAX Connections
Buyer's Agent
Bret Hasvold
United Real Estate San Diego
List Price
$495,000
Sold Price
$477,500
Premium/Discount to List
-$17,500
-3.54%
Current Estimated Value
$788,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,443
Avg. Annual Appreciation
9.80%
Original Mortgage
$453,625
Outstanding Balance
$400,889
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$388,054

Purchase Details

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

Purchase Details

Closed on
Jul 23, 2017
Sold by
Reed Todd W
Bought by
Reed Todd W and Reed Kimberly M

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
Jul 20, 2017
Sold by
Rodriguez Lilla M
Bought by
Reed Todd W

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
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
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
09/16/2020 09/16/20 Sold $477,500 -3.5% $265 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $495,000 -- $275 / 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: 200029307

California Regional Multiple Listing Service (CRMLS)

APN: 104-162-09