Michelle English
On Point Realty
(424) 999-0597
16 Total Sales
1 in Fallbrook
$1,460,000 Price
729 E Elder St Fallbrook, CA 92028
Fallbrook Area
10
Beds
4
Baths
4,256
Sq Ft
6,928
Sq Ft Lot
Highlights
- No HOA
- Cooling System Mounted To A Wall/Window
- Laundry Facilities
- La Paloma Elementary School Rated 9+
- 4 Attached Carport Spaces
- Paved or Partially Paved Lot
About This Home
As of April 2023This desirable fourplex (4 units) is a 2 story building located on the corner of E Elder & Potter St...Close to downtown Fallbrook. Two units consist of 3 bedrooms & 1.5 baths, two consist of 2 bedrooms & 1.5 baths, with all units over 1,050sqft. The two ground floor units were remodeled in 2016. Separately metered for gas and electric, the units have long term tenants with a solid payment history. All plumbing angle stops have been replaced in December 2021, all toilets are low flow, and plumbing lines are copper. There is a laundry room with leased equipment providing the residents with onsite convenience plus extra income for the owner. Each unit is assigned a carport plus amble off street parking for residents.
Last Agent to Sell the Property
Century 21 Affiliated License #01981011 Listed on: 03/04/2023
Last Buyer's Agent
Maxwell Brown
CBRE License #02127395
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 6,928 Sq Ft Lot
- Two or More Common Walls
- Paved or Partially Paved Lot
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 4,256 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 4 Bathrooms
Parking
- 6 Open Parking Spaces
- 10 Parking Spaces
- 4 Attached Carport Spaces
- Parking Available
- Assigned Parking
Utilities
- Cooling System Mounted To A Wall/Window
- No Heating
Listing and Financial Details
- Tax Lot 75002
- Tax Tract Number 132
- Assessor Parcel Number 1053414100
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- Electric Expense $499
- Fuel Expense $1,924
- Insurance Expense $2,081
- Trash Expense $2,819
- Water Sewer Expense $4,818
- New Taxes Expense $12,979
- Operating Expense $22,236
- Gross Income $79,800
- Net Operating Income $57,563
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 4, 2023
Closed on
Mar 20, 2023
Sold by
Bought by
Seller's Agent
Kelly Kohler
Century 21 Affiliated
Buyer's Agent
Maxwell Brown
CBRE
List Price
$1,275,000
Sold Price
$1,250,000
Premium/Discount to List
-$25,000
-1.96%
Views
41
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$962,436
Interest Rate
6.73%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 1, 2021
Closed on
Nov 2, 2021
Sold by
Bought by
Seller's Agent
Gary Kaufman, CCIM
South Coast Commercial, Inc.
Buyer's Agent
Deborah Zweber
CENTURY 21 Masters
List Price
$1,200,000
Sold Price
$1,200,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.86%
Original Mortgage
$600,000
Interest Rate
2.88%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 1, 2021
Closed on
Oct 11, 2021
Sold by
Bought by
Seller's Agent
Gary Kaufman, CCIM
South Coast Commercial, Inc.
Buyer's Agent
Deborah Zweber
CENTURY 21 Masters
List Price
$1,200,000
Sold Price
$1,200,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 14, 2016
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,000
Interest Rate
3.42%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 4, 2015
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,500
Interest Rate
4.01%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 8, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.06%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 3, 1997
Sold by
Bought by
Purchase Details
Closed on
Feb 1, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Fallbrook, CA
-
Michelle English
-
Gregory Kuchan
Gregory Kuchan
Compass
(858) 290-4957
72 Total Sales
1 in Fallbrook
$875,000 Price
-
Shannon Dempsey
Shannon Dempsey
Allview Real Estate
(951) 447-8574
70 Total Sales
4 in Fallbrook
$828K - $2M Price Range
-
Danuta Bala
Danuta Bala
Responds QuicklyDanuta Realty Inc.
(442) 244-9163
32 Total Sales
2 in Fallbrook
$955,000 Price Range
-
Anita deJong
Anita deJong
North County Associated Brkrs
(858) 304-8770
35 Total Sales
1 in Fallbrook
$785,000 Price
-
Travis Scott
Travis Scott
Juanaca Home Team, Inc
(760) 477-4493
83 Total Sales
1 in Fallbrook
$1,200,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,250,000 | Lawyers Title Company | ||
| -- | Fidelity National Title | ||
| $1,200,000 | Fidelity National Title | ||
| -- | None Available | ||
| $610,000 | First American Title Ins Co | ||
| -- | Lawyers Title Company | ||
| -- | Lawyers Title | ||
| $165,000 | Chicago Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,000,000 | ||
| Previous Owner | $600,000 | ||
| Previous Owner | $600,000 | ||
| Previous Owner | $389,000 | ||
| Previous Owner | $387,500 | ||
| Previous Owner | $116,000 | ||
| Previous Owner | $119,773 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/19/2023 04/19/23 | Sold | $1,250,000 | -2.0% | $294 / Sq Ft | |
| 03/15/2023 03/15/23 | Pending | -- | -- | -- | |
| 03/04/2023 03/04/23 | For Sale | $1,275,000 | +6.3% | $300 / Sq Ft | |
| 11/05/2021 11/05/21 | Sold | $1,200,000 | 0.0% | $286 / Sq Ft | View Prior Sale |
| 10/01/2021 10/01/21 | Pending | -- | -- | -- | |
| 06/01/2021 06/01/21 | For Sale | $1,200,000 | -- | $286 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $13,999 | $1,326,509 | $477,543 | $848,966 |
| 2025 | $13,667 | $1,300,500 | $468,180 | $832,320 |
| 2024 | $13,667 | $1,275,000 | $459,000 | $816,000 |
| 2023 | $12,973 | $1,200,000 | $450,000 | $750,000 |
| 2022 | $12,979 | $1,200,000 | $450,000 | $750,000 |
| 2021 | $7,131 | $667,122 | $246,069 | $421,053 |
| 2020 | $7,187 | $660,282 | $243,546 | $416,736 |
| 2019 | $7,044 | $647,336 | $238,771 | $408,565 |
| 2018 | $6,937 | $634,644 | $234,090 | $400,554 |
| 2017 | $6,800 | $622,200 | $229,500 | $392,700 |
| 2016 | $6,629 | $610,000 | $225,000 | $385,000 |
| 2015 | $2,501 | $228,058 | $62,194 | $165,864 |
| 2014 | -- | $223,591 | $60,976 | $162,615 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly Kohler
Seller's Agent in 2023
Kelly Kohler
Century 21 Affiliated
(760) 809-0028
24 Total Sales
-
M
Buyer's Agent in 2023
Maxwell Brown
CBRE
-
Gary Kaufman, CCIM
Seller's Agent in 2021
Gary Kaufman, CCIM
South Coast Commercial, Inc.
(760) 814-0114
9 Total Sales
-
D
Buyer's Agent in 2021
Deborah Zweber
CENTURY 21 Masters
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NDP2301604
APN: 105-341-41-00
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.
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
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