NOT LISTED FOR SALE

420 Palomino Rd Fallbrook, CA 92028

Estimated Value: $834,090 - $1,008,000

4 Beds
3 Baths
1,720 Sq Ft
$520/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $835,000 $485 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,197/month

45 Days on Market

Highlights

  • Two Primary Bedrooms
  • Panoramic View
  • Quartz Countertops
  • La Paloma Elementary School Rated 9+
  • Updated Kitchen
  • No HOA

About This Home

As of August 2021

PRICE REDUCED!!! Gorgeous Home on a half acre lot with a Spectacular View. Fully Renovated. Home features 4 bedrooms and 3 bathrooms with 2 kitchens, live in one and rent the other, with individual entry. RV's gated parking with hookups.

upstairs features 3 bedrooms and 2 bathrooms, with new kitchen cabinets, kitchen island with modern light fixture, new quartz countertops, new appliances, upgraded bathrooms, new carpet, and new tile flooring, it has 2 ovens, one is an oven wall and the other is attached to the stove, the living room has a large rock fireplace, and the dining room has windows that brings in the light and with a spectacular view).

(Square footage does not reflect additional +/-800 sqft downstairs. Features 1 master bedroom , with completely remodeled walk-in closet, new kitchen was remodeled 3 months ago, new tile flooring, new cabinets and new appliances. The brick patio and stairs has been repainted recently. In addition, the plumbing is all brand new only the upstairs bathrooms).
With separate entry door, that can be easily be as a rental or guest home. The property has a basement that can be converted into wine cellar or a storage room. The fence is only 2 years old with private gate. 2 private gates for RV's with plenty of parking one upstairs and the other downstairs.

Enjoy your backyard with family and friends with an outdoor kitchen, firepit, pond waterfall, ample of space for parking.
No HOA, Low Taxes. Don't miss this Great Opportunity. This home won't last!!!

Last Agent to Sell the Property

Carla Bojorquez

Realty ONE Group Southwest License #01857776 Listed on: 05/18/2021

Realty ONE Group Southwest

Last Buyer's Agent

Jennifer Duregger

Allison James Estates & Homes License #01726681

Allison James Estates & Homes

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 0.5 Acre Lot
  • Rural Setting
  • Back and Front Yard
  • Property is zoned R1

Parking

  • 4 Car Attached Garage

Interior Spaces

  • 1,720 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Panoramic Views
  • Laundry Room
  • Unfinished Basement

Kitchen

  • Updated Kitchen
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Fireplace in Patio
  • Fire Pit

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Fallbrook Subdivision

Listing and Financial Details

  • Tax Lot 0189
  • Tax Tract Number 18905
  • Assessor Parcel Number 1042422800

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: real property
  • Property Attached: No
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1042422800
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1720.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Patio, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 485.47
  • Room Type: All Bedrooms Down, All Bedrooms Up, Basement, Kitchen, Living Room, Two Masters, Walk-In Closet
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen
  • Basement: Unfinished

Exterior Features

  • View: Panoramic
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 21780.00
  • Lot Size Acres: 0.5000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21780.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 189.05
  • Tax Lot: 0189
  • Tax Tract Number: 018905

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Jul 28, 2021
Sold by
Dela Torre Eunice and Garrido Larry Dean
Bought by
Borges Ted and Borges Teddie
Seller's Agent
Carla Bojorquez
Realty ONE Group Southwest
Buyer's Agent
Jennifer Duregger
Allison James Estates & Homes
List Price
$849,000
Sold Price
$835,000
Premium/Discount to List
-$14,000
-1.65%
Current Estimated Value
$894,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,023
Avg. Annual Appreciation
1.56%
Original Mortgage
$843,886
Outstanding Balance
$763,576
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$130,447

Purchase Details

Listed on
Sep 14, 2016
Closed on
Jan 3, 2017
Sold by
Garrido Reynold Dean
Bought by
Garrido Maria Z
Seller's Agent
Kimberly Steel
SimpliHom
Buyer's Agent
Eloisa Navarro
Judson Real Estate
List Price
$490,000
Sold Price
$490,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.34%
Original Mortgage
$481,124
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 14, 2016
Closed on
Nov 15, 2016
Sold by
Spencer Kenneth M and Spencer Marlene
Bought by
Dela Torre Eunice and Garrido Larry Dean
Seller's Agent
Kimberly Steel
SimpliHom
Buyer's Agent
Eloisa Navarro
Judson Real Estate
List Price
$490,000
Sold Price
$490,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,124
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 2003
Sold by
Windbigler Gail E D
Bought by
Spencer Kenneth M and Spencer Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.55%

Purchase Details

Closed on
Sep 28, 1995
Sold by
Foose Eugene R and Foose Rosalyn
Bought by
Windbigler Floyd D and Windbigler Gail E D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
7.38%

Purchase Details

Closed on
Jun 9, 1989
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
Borges Ted $835,000 Chicago Title
Garrido Maria Z -- Ticor Title San Diego
Dela Torre Eunice $490,000 Ticor Title San Diego
Spencer Kenneth M $400,000 Fidelity National Title Co
Windbigler Floyd D $135,000 First American Title Co
-- $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borges Ted $843,886
Previous Owner Dela Torre Eunice $481,124
Previous Owner Spencer Kenneth M $320,000
Previous Owner Windbigler Floyd D $119,000
Closed Spencer Kenneth M $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2021 08/05/21 Sold $835,000 +4.5% $485 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/24/2021 06/24/21 Price Changed $799,000 -2.6% $465 / Sq Ft
06/08/2021 06/08/21 Price Changed $820,000 -3.4% $477 / Sq Ft
06/05/2021 06/05/21 For Sale $849,000 +1.7% $494 / Sq Ft
06/04/2021 06/04/21 Off Market $835,000 -- --
05/18/2021 05/18/21 For Sale $849,000 +73.3% $494 / Sq Ft
01/06/2017 01/06/17 Sold $490,000 0.0% $285 / Sq Ft View Prior Sale
11/07/2016 11/07/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $490,000 -- $285 / 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 $6,160 $591,391 $411,018 $180,373
2024 $6,160 $579,796 $402,959 $176,837
2023 $5,976 $568,428 $395,058 $173,370
2022 $8,969 $835,000 $580,000 $255,000
2021 $5,616 $525,376 $262,688 $262,688
2020 $5,660 $519,990 $259,995 $259,995
2019 $5,548 $509,796 $254,898 $254,898
2018 $5,464 $499,800 $249,900 $249,900
2017 $4,303 $400,000 $200,000 $200,000
2016 $4,279 $400,000 $200,000 $200,000
2015 $4,059 $380,000 $190,000 $190,000
2014 $4,061 $380,000 $190,000 $190,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21106139

California Regional Multiple Listing Service (CRMLS)

APN: 104-242-28