NOT LISTED FOR SALE

528 E Alvarado St Fallbrook, CA 92028

Estimated Value: $1,396,000 - $1,543,000

1.7 Acres
$864,412 Price per Acre
74,052 Sq Ft Lot

Last Sold February 02, 2024

Last sale price $1,409,900

Est. 4% increase in value since last sale

Current estimated payment $7,747/month

298 Days on Market

About This Lot

As of February 2024

Prime Commercial Lot located in the heart of downtown Fallbrook! Right off the 15 freeway, 25 miles to Oceanside and the beach, 50 miles to San Diego, and 90 miles to Los Angeles.This lot features 1.7 acres and zoned FB-V3 with ample development opportunities. The property is in a well-established area with a number of diverse industries surrounding it such as farming, food manufacturing, retail trade, hotels, and more. Do not miss this chance to grab this rear zoning property! Owner willing to carry note.

Last Agent to Sell the Property

Elizabeth Valencia

First Team Real Estate License #01965461 Listed on: 05/02/2022

First Team Real Estate

Co-Listed By

Steven Migenovich

First Team Real Estate License #01258942

Last Buyer's Agent

John Wurster

Platinum Moon Properties License #01860228

Property Details

Property Type

  • Land

Lot Details

  • 1.7 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned Commercial/FB-V3

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1032331200
  • $89 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Fallbrook Subdivision

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Fallbrook
  • View: No
  • Zoning: Commercial/FB-V3
  • Property Type: Land
  • Parcel Number: 1032331200
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 19.04

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lot Over 40000 Sqft
  • Lot Size Sq Ft: 74052.00
  • Lot Size Acres: 1.7000

Multi Family

  • Lot Size Area: 74052.0000 Square Feet

Tax Info

  • Tax Census Tract: 189.04
  • TaxOtherAnnualAssessmentAmount: 89.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2022
Closed on
Jan 30, 2024
Sold by
Jamison Alden J and Jamison Laurence M
Bought by
Alvarado Village Lp
Seller's Agent
Elizabeth Valencia
First Team Real Estate
Buyer's Agent
John Wurster
Platinum Moon Properties
List Price
$1,359,900
Sold Price
$1,409,900
Premium/Discount to List
$50,000
3.68%
Views
19
Current Estimated Value
$1,469,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,600
Avg. Annual Appreciation
2.18%
Original Mortgage
$2,400,000
Outstanding Balance
$2,357,586
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
-$888,086

Purchase Details

Closed on
Sep 30, 1996
Sold by
Jamison Raymond R and Jamison Betty L
Bought by
Jamison Raymond R and Jamison Betty L

Purchase Details

Closed on
Sep 27, 1996
Sold by
Jamison Raymond R
Bought by
Jamison Raymond R and Jamison Betty L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Alvarado Village Lp $1,360,000 Fidelity National Title
Jamison Raymond R -- --
Jamison Raymond R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarado Village Lp $2,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2024 02/02/24 Sold $1,409,900 +3.7% --
05/02/2022 05/02/22 For Sale $1,359,900 -- --
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 $847 $1,438,098 $1,438,098 --
2024 $847 $73,999 $47,532 $26,467
2023 $842 $72,549 $46,600 $25,949
2022 $841 $71,128 $45,687 $25,441
2021 $830 $69,735 $44,792 $24,943
2020 $846 $69,021 $44,333 $24,688
2019 $840 $67,668 $43,464 $24,204
2018 $829 $66,342 $42,612 $23,730
2017 $750 $65,042 $41,777 $23,265
2016 $776 $63,767 $40,958 $22,809
2015 $752 $62,810 $40,343 $22,467
2014 $741 $61,580 $39,553 $22,027
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Valencia

    Seller's Agent in 2024

    Elizabeth Valencia

    First Team Real Estate

    (562) 237-6986

    1 in this area

    39 Total Sales

    Elizabeth Valencia
    Section Image

  • S

    Seller Co-Listing Agent in 2024

    Steven Migenovich

    First Team Real Estate

    (714) 350-8115

    1 in this area

    32 Total Sales

    Steven Migenovich
    Section Image
  • John Wurster

    Buyer's Agent in 2024

    John Wurster

    Platinum Moon Properties

    (858) 525-3890

    2 in this area

    3 Total Sales

    John Wurster
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22091057

California Regional Multiple Listing Service (CRMLS)

APN: 103-233-12

California San Diego County Fallbrook 92028

528 E Alvarado St, Fallbrook, CA

Not Listed for Sale

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes