NOT LISTED FOR SALE

4560 Palomar Dr Unit 29 Fallbrook, CA 92028

Estimated Value: $305,762 - $375,000

2.4 Acres
$142,267 Price per Acre
104,544 Sq Ft Lot

Last Sold January 24, 2017

Last sale price $165,000

Est. 107% increase in value since last sale

Current estimated payment $2,058/month

221 Days on Market

About This Lot

As of January 2017

Price Reduction on this incredible lot. Build your custom home on this unique property. One of a kind views that will leave you breathless! If you are planning to retire in California, this neighborhood should be on your must-see list. Property includes Septic, Power and Water. For many reasons, Pala Mesa/San Luis Rey Heights may be considered a retiree's dream neighborhood. One of the notable things about this area is that it is one of the quietest neighborhoods in America. The neighbors in this community in Fallbrook are wealthy, making it among the 15% highest income neighborhoods in America. This community has a higher income than 85.0% of the neighborhoods in America. Agent has not verified public records, including but not limited to permits, lot size, age of property, zoning of property, use of property or square footage. Buyer to assume investigation of all information prior to the close of escrow.

Last Agent to Sell the Property

J.r. Thrasher

LPT Realty,Inc License #01888955 Listed on: 04/19/2016

LPT Realty,Inc

Last Buyer's Agent

Abraham Vargas

Ambiance Realty License #01931256

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,361

Lot Details

  • 2.4 Acre Lot
  • Steep Slope
  • Sprinkler System

Property Views

  • Panoramic
  • Mountain

Schools

  • Fallbrook Union Elementary District

Utilities

  • Separate Water Meter
  • Septic System

Community Details

  • $7 Other Monthly Fees

Listing and Financial Details

  • Assessor Parcel Number 123-350-29-00

Property Details

Property Type

Land

Est. Annual Taxes

$2,361

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Type: Lots/Land
  • Market Area: North County
  • Neighborhood: Fallbrook
  • Cross Street: Monserate
  • Supplement: For many reasons, Pala Mesa/San Luis Rey Heights may be considered a retiree's dream neighborhood. One of the notable things about this area is that it is one of the quietest neighborhoods in America. The neighbors in this community in Fallbrook are wealthy, making it among the 15% highest income neighborhoods in America. This community has a higher income than 85.0% of the neighborhoods in America. Agent has not verified public records, including but not limited to permits, lot size, age of property, zoning of property, use of property or square footage. Buyer to assume investigation of all information prior to the close of escrow.
  • Miscellaneous: Value In Land
  • Price Per Sq Ft: 68750.0
  • Sale Price List Price: 0.89
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountains/Hills, Panoramic

Utilities

  • Sewer/Septic: Septic Installed
  • Water: Meter On Property
  • Utilities Available: Electric
  • Utilities To Site: Electric

Condo/Co-op/Association

  • Community: San Luis Rey

Fee Information

  • Total Monthly Fees: 7
  • Other Fees: 80.44
  • Other Fees Frequency: Annual
  • Other Fees Reflect: Year

Schools

  • Elementary School: Fallbrook Union Elementary District
  • Elementary School Website: https://www.fuesd.org/
  • Middle School Url: https://www.fuesd.org/
  • Middle School: Fallbrook Union Elementary District

Lot Info

  • Irrigation: Sprinklers
  • Lot Size: 2+ To 4 Ac
  • Site: Easement Access
  • Topography: Slope Steep
  • Water District: Rainbow Mun. Water District
  • Estimated Lot Sq Ft: 104544
  • Water District URL: http://www.rainbowmwd.com
  • Estimated Number of Acres: 2.4
  • Assessor Parcel Number: 123-350-29-00
  • Current Use: Residential
  • Lot Number: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2019
Sold by
4560 Palomar Drive Llc
Bought by
Jones Terence M and Jones Debra R
Current Estimated Value
$341,441

Purchase Details

Listed on
Apr 19, 2016
Closed on
Mar 15, 2017
Sold by
Campos Abraham Vargas
Bought by
4560 Palomar Drive Llc
Seller's Agent
J.r. Thrasher
LPT Realty,Inc
Buyer's Agent
Abraham Vargas
Ambiance Realty
List Price
$225,000
Sold Price
$165,000
Premium/Discount to List
-$60,000
-26.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.76%

Purchase Details

Listed on
Apr 19, 2016
Closed on
Dec 9, 2016
Sold by
Vargas Talyn P
Bought by
Campos Abraham Vargas
Seller's Agent
J.r. Thrasher
LPT Realty,Inc
Buyer's Agent
Abraham Vargas
Ambiance Realty
List Price
$225,000
Sold Price
$165,000
Premium/Discount to List
-$60,000
-26.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 1995
Sold by
Simpson George and Simpson Marianne
Bought by
Simpson George Megahy and Simpson Inger Marianne
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
Jones Terence M $195,000 First American Title Company
4560 Palomar Drive Llc -- None Available
Campos Abraham Vargas -- First American Title
Campos Abraham Vargas $165,000 First American Title
Simpson George Megahy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 4560 Palomar Drive Llc $135,000
Previous Owner Campos Abraham Vargas $100,000
Previous Owner Simpson George Megahy $620,000
Previous Owner Simpson George Megahy $77,500
Previous Owner Simpson George Megahy $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2017 01/24/17 Sold $165,000 -26.7% --
11/22/2016 11/22/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $225,000 -- --
Source: San Diego MLS

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 $2,361 $237,524 $227,524 $10,000
2024 $2,361 $213,259 $213,259 --
2023 $2,289 $209,078 $209,078 $0
2022 $2,290 $204,979 $204,979 $0
2021 $2,215 $200,960 $200,960 $0
2020 $2,232 $198,900 $198,900 $0
2019 $1,937 $171,666 $171,666 $0
2018 $1,909 $168,300 $168,300 $0
2017 $750 $188,713 $188,713 $0
2016 $2,079 $185,013 $185,013 $0
2015 $2,047 $182,234 $182,234 $0
2014 $4,253 $393,075 $178,665 $214,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 160020849

San Diego MLS

APN: 123-350-29