NOT LISTED FOR SALE

477 Morro Hills Rd Fallbrook, CA 92028

Estimated Value: $616,364 - $667,000

3.47 Acres
$186,490 Price per Acre
151,153 Sq Ft Lot

Last Sold December 21, 2023

Last sale price $578,747

Est. 11% increase in value since last sale

Current estimated payment $4,040/month

12 Days on Market

Highlights

  • Panoramic View
  • No HOA
  • Partially Fenced Property
  • 3.47 Acre Lot

About This Lot

As of December 2023

Located in the heart of highly desirable Morro Hills in Fallbrook, your new dream parcel awaits. The elevated pad is in with dramatic rock setting the theme for your landscape ideas. Panoramic views allow you to take it all in while enjoying the ocean breezes. Several newer planted trees and plants that were thoughtfully placed for maximum production and water efficiency. There is a lower graded area for an additional storage building, garage or ADU. Come and see this premiere building site..you will not be disappointed!

Last Agent to Sell the Property

Ken Follis

Compass License #00799622 Listed on: 11/16/2023

Compass

Co-Listed By

Sharon Robinson

Compass License #01384726

Last Buyer's Agent

Aly Kong

LPT Realty, Inc License #02108782

LPT Realty, Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,300

Lot Details

  • 3.47 Acre Lot
  • Rural Setting
  • Partially Fenced Property
  • Chain Link Fence
  • Fence is in good condition
  • Property is zoned AGRICULTURAL

Property Views

  • Panoramic
  • Woods
  • Orchard Views
  • Mountain
  • Hills
  • Meadow
  • Valley
  • Neighborhood

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1212301200

Property Details

Property Type

Land

Est. Annual Taxes

$6,300

Lot Details

0

Listing Details

  • Assessments: No
  • Improvements: Electric gate with solar, avocados, passion fruit and numerous fruit trees and plants
  • View: Yes
  • Zoning: AGRICULTURAL
  • Property Type: Land
  • Parcel Number: 1212301200
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 3.83

Exterior Features

  • View: Hills, Meadow, Mountain(s), Neighborhood, Orchard, Panoramic, Trees/Woods, Valley
  • Fence: Yes
  • Fencing: Chain Link, Good Condition, Partial

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size: 151,153 Sq Ft
  • Lot Size Sq Ft: 151153.20
  • Lot Size Acres: 3.4700

Multi Family

  • Lot Size Area: 3.4700 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2020
Sold by
Nelson Robert J and Nelson Renee T
Bought by
Price Teresa
Current Estimated Value
$641,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,900
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 5, 2018
Closed on
Aug 15, 2018
Sold by
Vetter Michael and Vetter Peggy
Bought by
Nelson Robert J and Nelson Renee T
Seller's Agent
Marla Cruickshank
UpCountri Homes & Estates
List Price
$449,000
Sold Price
$425,000
Premium/Discount to List
-$24,000
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%

Purchase Details

Listed on
May 22, 2017
Closed on
Jun 2, 2017
Sold by
Campbell Vernon L and Campbell Una Y
Bought by
Vetter Michael and Vetter Peggy
Seller's Agent
Viktoria Bartok Conaway
Coldwell Banker Realty
Buyer's Agent
Susannah Levicki
Capitis Real Estate
List Price
$440,000
Sold Price
$440,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.74%

Purchase Details

Closed on
Apr 6, 1989
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Price Teresa $417,000 Ticor Title San Diego Branch
Nelson Robert J $425,000 Ticor Title San Diego
Vetter Michael $440,000 Equity Title
-- $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Price Teresa $291,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2023 12/21/23 Sold $578,747 0.0% --
11/28/2023 11/28/23 Pending -- -- --
11/16/2023 11/16/23 For Sale $578,747 +36.2% --
10/12/2018 10/12/18 Sold $425,000 -5.3% --
08/13/2018 08/13/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $449,000 +2.0% --
07/14/2017 07/14/17 Sold $440,000 0.0% --
06/01/2017 06/01/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $440,000 -- --
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 $6,300 $590,043 $590,043 --
2024 $6,300 $578,474 $578,474 --
2023 $4,697 $433,846 $433,846 $0
2022 $4,700 $425,340 $425,340 $0
2021 $4,544 $417,000 $417,000 $0
2020 $4,803 $433,500 $433,500 $0
2019 $4,710 $425,000 $425,000 $0
2018 $4,893 $440,000 $440,000 $0
2017 $2,082 $181,083 $181,083 $0
2016 $2,032 $177,533 $177,533 $0
2015 $2,002 $174,867 $174,867 $0
2014 $1,966 $171,442 $171,442 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2308891

California Regional Multiple Listing Service (CRMLS)

APN: 121-230-12