NOT LISTED FOR SALE

553 Ammunition Rd Fallbrook, CA 92028

Estimated Value: $695,373 - $786,000

4 Beds
2 Baths
1,683 Sq Ft
$438/Sq Ft Est. Value

Last Sold May 10, 2016

Last sale price $420,000 $250 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,295/month

69 Days on Market

Highlights

  • Canyon View
  • Granite Countertops
  • Double Pane Windows
  • La Paloma Elementary School Rated 9+
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

As of May 2016

This Duplex Has Been Totally Renovated! Each Unit Has 2 Bedrooms & 1 Full Bathroom, Large Private Garage & Laundry Hook-Ups With Private Entrance To Their Own Backyards. The Front Unit Has Additional Side & Front Yard With A View. In Each Unit You Enter To A Spacious Living Room. Separate Dining Area Connects To A Large Kitchen Complete With All New Dark Wood Cabinets, Granite Counter Tops & Tile Flooring. Kitchen Includes All New Fixtures & Appliances Stove/Range, Overhead Microwave & Dishwasher. The Bathroom Has New Vanity, Shower Enclosure & Tile Flooring. The 2 Bedrooms Are Large With Nice Big Closets. Both Units Feature: All New Interior & Exterior Doors, Energy Efficient Double Pane Windows. All New Copper Water Pipe System With Pressure Regulators And Shut Offs. Complete New "Cool Roofing Compliant" Roof. All New Electrical With 100 Amp Panels & Wiring Throughout. New Light Fixtures & Ceiling Fans. New Hard Wired Smoke & C/O Alarms. New Heaters & Air Conditioners. Water Efficient Landscaping With New Hardscape & Fencing. Close To Shopping, Downtown Fallbrook & Camp Pendleton. Great Investment Or Live In One & Rent The Other. This Is A Beautiful Turn Key Property!

Last Agent to Sell the Property

Connie Meeks

COLDWELL BANKER REALTY License #01961616 Listed on: 01/29/2016

COLDWELL BANKER REALTY

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 5,663 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • New Fence
  • Back Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Shared Driveway

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Turnkey
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,683 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Canyon Views

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 1041501600

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1959 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Type: Residential Income
  • Parcel Number: 1041501600
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full, Granite Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 249.55
  • Room Type: All Bedrooms Down, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • View: Canyon
  • Fencing: New Condition, Wood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Asphalt, Shared Driveway
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Gas Range, Gas Cooktop, Microwave
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Gas Dryer Hookup, In Garage, Washer Hookup
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5663.00
  • Price Per Lot Square Foot: 74.17
  • Lot Size Acres: 0.1300

Multi Family

  • Lot Size Area: 5663.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 9999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2016
Closed on
May 4, 2016
Sold by
Collaro Daniel
Bought by
Truong Tony and Troung Stephanie J Benson
Seller's Agent
Connie Meeks
COLDWELL BANKER REALTY
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%
Current Estimated Value
$737,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,791
Avg. Annual Appreciation
6.02%
Original Mortgage
$412,392
Outstanding Balance
$328,826
Interest Rate
3.71%
Mortgage Type
FHA
Estimated Equity
$408,965

Purchase Details

Listed on
Jun 15, 2015
Closed on
Jul 24, 2015
Sold by
Collaro Lenay Michelle
Bought by
Collaro Daniel
Seller's Agent
Lisa LeQuire
LEQUIRE REAL ESTATE
Buyer's Agent
Gene Sais
REALTY ONE GROUP HOMELINK
List Price
$100,000
Sold Price
$150,000
Premium/Discount to List
$50,000
50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
268.15%

Purchase Details

Listed on
Jun 15, 2015
Closed on
Jul 15, 2015
Sold by
Mbagwu Okechukwu
Bought by
Collaro Daniel
Seller's Agent
Lisa LeQuire
LEQUIRE REAL ESTATE
Buyer's Agent
Gene Sais
REALTY ONE GROUP HOMELINK
List Price
$100,000
Sold Price
$150,000
Premium/Discount to List
$50,000
50%

Purchase Details

Closed on
Mar 12, 2003
Sold by
Lang Joseph and Lang Kim
Bought by
Mbagwu Okechukwu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.87%

Purchase Details

Closed on
Oct 4, 2002
Sold by
Miller Sandra W
Bought by
Lang Joseph and Lang Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.28%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Truong Tony $420,000 Ticor Title
Collaro Daniel -- Title 365
Collaro Daniel $150,000 Title 365
Mbagwu Okechukwu $285,000 Diversified Title & Escrow S
Lang Joseph $370,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Truong Tony $412,392
Previous Owner Mbagwu Okechukwu $228,000
Previous Owner Lang Joseph $296,000
Closed Mbagwu Okechukwu $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2016 05/10/16 Sold $420,000 -6.7% $250 / Sq Ft
04/07/2016 04/07/16 Pending -- -- --
01/29/2016 01/29/16 For Sale $450,000 +200.0% $267 / Sq Ft
07/27/2015 07/27/15 Sold $150,000 +50.0% $89 / Sq Ft View Prior Sale
06/15/2015 06/15/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $100,000 -- $59 / 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 $5,163 $497,187 $207,162 $290,025
2024 $5,163 $487,439 $203,100 $284,339
2023 $5,011 $477,882 $199,118 $278,764
2022 $5,011 $468,513 $195,214 $273,299
2021 $4,841 $459,328 $191,387 $267,941
2020 $4,878 $454,619 $189,425 $265,194
2019 $4,780 $445,706 $185,711 $259,995
2018 $4,782 $436,968 $182,070 $254,898
2017 $4,688 $428,400 $178,500 $249,900
2016 $1,957 $178,000 $100,000 $78,000
2015 $3,272 $300,000 $147,000 $153,000
2014 -- $300,000 $147,000 $153,000
Source: Public Records

Agents Affiliated with this Home

  • Connie Meeks

    Seller's Agent in 2016

    Connie Meeks

    COLDWELL BANKER REALTY

    (951) 682-1133

    17 Total Sales

    Connie Meeks
    Section Image

  • N

    Buyer's Agent in 2016

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    5 in this area

    6,174 Total Sales

    NoEmail NoEmail
    Section Image

  • L

    Seller's Agent in 2015

    Lisa LeQuire

    LEQUIRE REAL ESTATE

    Section Image
  • Gene Sais

    Buyer's Agent in 2015

    Gene Sais

    REALTY ONE GROUP HOMELINK

    (951) 259-1320

    34 Total Sales

    Gene Sais
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV16018935

California Regional Multiple Listing Service (CRMLS)

APN: 104-150-16

California San Diego County Fallbrook 92028

553 Ammunition Rd, Fallbrook, CA

Not Listed for Sale

MultiFamily

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