NOT LISTED FOR SALE

4560 Palomar Dr Unit 60 Fallbrook, CA 92028

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

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

Last Sold March 28, 2019

Last sale price $195,000

Est. 75% increase in value since last sale

Current estimated payment $2,058/month

65 Days on Market

Highlights

  • Panoramic View
  • Property Near a Canyon
  • Partially Fenced Property
  • 2.4 Acre Lot
  • Mountainous Community

About This Lot

As of March 2019

Build your dream home on 2.4 acres in an upscale community in North San Diego surrounded by million dollar homes and breathtaking panoramic views. Peaceful setting with endless views of the mountains, lush scenery and enjoy nature at it's finest. Mature palm and eucalyptus trees at property. Rough grading and pad ready. Water meter and electric pole at property. Septic system needs updating. Many improvements made to restore this rare gem with one of the best views...(MORE below in Supplement) (CONTINUED from Public Remarks)...in all of Fallbrook. No HOA and low tax area. Make your offer! Motivated seller!

Last Agent to Sell the Property

Allison Gelbrich

Big Block Realty License #01754152 Listed on: 01/08/2019

Last Buyer's Agent

Allison Gelbrich

Dreamscape Real Estate License #01754152

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,361

Lot Details

  • 2.4 Acre Lot
  • Property Near a Canyon
  • Partially Fenced Property
  • Property is zoned R-1:SINGLE

Property Views

  • Panoramic
  • Mountain

Utilities

  • Separate Water Meter
  • Septic System

Community Details

  • $7 Other Monthly Fees
  • Fallbrook Community
  • Mountainous Community

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: Via Monserate
  • Supplement: (CONTINUED from Public Remarks)...in all of Fallbrook. No HOA and low tax area. Make your offer! Motivated seller!
  • Price Per Sq Ft: 81250.0
  • Sale Price List Price: 0.89
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Partial
  • Frontage: Canyon
  • View: Mountains/Hills, Panoramic

Utilities

  • Sewer/Septic: Septic Installed
  • Water: Meter On Property

Condo/Co-op/Association

  • Complex Name: Fallbrook
  • Community: Fallbrook

Fee Information

  • Total Monthly Fees: 7
  • Other Fees: 81.16
  • Other Fees Reflect: Year

Lot Info

  • Lot Size: 2+ To 4 Ac
  • Topography: Canyon/Valley, Mountainous
  • Water District: Fallbrook Public Utility Distri
  • Zoning: R-1:SINGLE
  • Estimated Lot Sq Ft: 104544
  • Water District URL: http://www.fpud.com
  • Estimated Number of Acres: 2.4
  • Assessor Parcel Number: 123-350-29-00
  • Lot Number: 60
  • Map Code Column: A
  • Map Code Page: 1048
  • Map Code Row: 5
  • Parcel Map Number: 7026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2019
Closed on
Mar 26, 2019
Sold by
4560 Palomar Drive Llc
Bought by
Jones Terence M and Jones Debra R
Seller's Agent
Allison Gelbrich
Big Block Realty
Buyer's Agent
Allison Gelbrich
Dreamscape Real Estate
List Price
$254,900
Sold Price
$195,000
Premium/Discount to List
-$59,900
-23.5%
Current Estimated Value
$341,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,441
Avg. Annual Appreciation
8.51%

Purchase Details

Closed on
Mar 15, 2017
Sold by
Campos Abraham Vargas
Bought by
4560 Palomar Drive Llc

Purchase Details

Closed on
Dec 9, 2016
Sold by
Vargas Talyn P
Bought by
Campos Abraham Vargas

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
03/28/2019 03/28/19 Sold $195,000 -11.3% --
03/15/2019 03/15/19 Pending -- -- --
03/04/2019 03/04/19 Price Changed $219,900 -6.4% --
02/11/2019 02/11/19 Price Changed $234,900 -7.8% --
01/08/2019 01/08/19 For Sale $254,900 -- --
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: 190001621

San Diego MLS

APN: 123-350-29