NOT LISTED FOR SALE

4560 Palomar Dr Fallbrook, CA 92028

Estimated Value: $298,139 - $461,000

2.4 Acres
$155,848 Price per Acre
104,544 Sq Ft Lot

Last Sold March 28, 2019

Last sale price $195,000 $80 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,157/month

66 Days on Market

Highlights

  • Panoramic View
  • 2.4 Acre Lot
  • Mountainous Community
  • La Paloma Elementary School Rated 9+
  • No HOA

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 in all of Fallbrook. No HOA and low tax area. Make your offer! Motivated seller!

Last Agent to Sell the Property

Allison Gelbrich

Dreamscape Real Estate License #01754152 Listed on: 01/05/2019

Last Buyer's Agent

Allison Gelbrich

Dreamscape Real Estate License #01754152 Listed on: 01/05/2019

Property Details

Property Type

  • Land

Lot Details

  • 2.4 Acre Lot
  • Rural Setting
  • Property is zoned R1

Property Views

  • Panoramic
  • Mountain
  • Hills
  • Valley

Utilities

  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • Mountainous Community
  • Valley

Listing and Financial Details

  • Assessor Parcel Number 1233502900

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: R1
  • Property Type: Land
  • Parcel Number: 1233502900
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 1.87

Exterior Features

  • View: Hills, Mountain(s), Panoramic, Valley

Utilities

  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Water Well: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Mountainous, Rural, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 104544.00
  • Lot Size Acres: 2.4000

Multi Family

  • Lot Size Area: 104544.0000 Square Feet

Tax Info

  • Tax Census Tract: 188.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2022
Sold by
Jones Terence M and Jones Debra R
Bought by
Terence And Debra Jones Family Trust and Jones
Current Estimated Value
$374,035

Purchase Details

Listed on
Jan 5, 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
Dreamscape Real Estate
Buyer's Agent
Allison Gelbrich
Dreamscape Real Estate
List Price
$254,900
Sold Price
$195,000
Premium/Discount to List
-$59,900
-23.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.10%

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:

--
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
Terence And Debra Jones Family Trust -- None Listed On Document
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 Campos Abraham Vargas $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2019 03/28/19 Sold $195,000 -11.3% $80 / Sq Ft
03/04/2019 03/04/19 Price Changed $219,900 -6.4% $90 / Sq Ft
02/09/2019 02/09/19 Price Changed $234,900 -7.8% $96 / Sq Ft
01/05/2019 01/05/19 For Sale $254,900 -- $104 / 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 $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: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW19003572

California Regional Multiple Listing Service (CRMLS)

APN: 123-350-29