NOT LISTED FOR SALE

740 Iowa St Fallbrook, CA 92028

Estimated Value: $736,000 - $832,000

3 Beds
2 Baths
1,189 Sq Ft
$661/Sq Ft Est. Value

Last Sold November 22, 2024

Last sale price $800,000 $673 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,442/month

103 Days on Market

Highlights

  • View of Hills
  • Laundry Room
  • Back Yard
  • No HOA
  • No Heating
  • 1-Story Property

About This Home

As of November 2024

Perfect Investment Property- so much potential for the first time homebuyer or investor. Features: *Square Footage: 1,189 sq ft. *Additional Space: 600+ sq ft basement. * Two Gates: Secure and private entryways. * Recently Updated: Modern and stylish updates throughout the home. * Ample Parking: Plenty of space for your toys, equipment, and RV. * Pool Potential: Room available to install a pool for added luxury and enjoyment. This charming single-family home in the heart of Fallbrook offers a perfect blend of comfort and convenience. With three bedrooms and two full bathrooms, it provides ample space for a family. The 1,189 sq ft living area is complemented by an additional 600+ sqft basement, ideal for storage or a potential recreation room. Turn the basement into additional living space or a JR ADU. The property is set on a 0.26 acres lot with two gates, ensuring privacy and security. A separate lot 0.17 acres is included, offering even more space and potential for expansion. There is room for a garden and to add various fruit trees, providing fresh produce right from your backyard. Recent updates have modernized the home, making it move-in ready. There's plenty of parking space for your vehicles, toys, and equipment, including room for an RV. For those looking to add a touch of luxury, there's also room to install a pool. Don't miss this opportunity with room to build an ADU, convert the basement into additional living space many possibilities.

Last Agent to Sell the Property

Sharon Corcoran

HomeSmart Realty West License #01152204 Listed on: 06/30/2024

HomeSmart Realty West

Last Buyer's Agent

Alexandra Haro

eXp Realty of California, Inc. License #02211296

eXp Realty of California, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 0.26 Acre Lot
  • Sprinkler System
  • No Sprinklers
  • Back Yard
  • APN#103-068-09-00
  • Property is zoned R-1:SINGLE FAM-RES

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,189 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Views of Hills
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Open Parking Spaces
  • 5 Parking Spaces
  • 1 Carport Space
  • Parking Available
  • Driveway

Schools

  • Fallbrook High School

Additional Features

  • Suburban Location
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Tract Number 490
  • Assessor Parcel Number 1030680700
  • $38 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Well Report: No
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1030680700
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1189.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 672.83
  • Room Type: All Bedrooms Up, Basement, Kitchen, Living Room, Primary Bathroom

Exterior Features

  • View: Hills
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Driveway
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 4.00

Utilities

  • Sprinklers: Yes
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer

Condo/Co-op/Association

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

Schools

  • High School: Fallbrook
  • High School2: FALLBR

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: APN#103-068-09-00
  • Land Lease: No
  • Lot Features: Back Yard, Sprinklers None
  • Lot Size Sq Ft: 11325.60
  • Lot Size Acres: 0.2600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.2600 Acres
  • Number Of Units In Community: 45

Tax Info

  • Tax Tract Number: 000490
  • TaxOtherAnnualAssessmentAmount: 37.88

Matterport 3D Tours

Floorplans

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2024
Closed on
Oct 31, 2024
Sold by
Erickson Bernice B and Ruby D Britton Living Trust
Bought by
Chapdelaine Anna and Chapdelaine Cheyenne
Seller's Agent
Sharon Corcoran
HomeSmart Realty West
Buyer's Agent
Alexandra Haro
eXp Realty of California, Inc.
List Price
$799,999
Sold Price
$800,000
Premium/Discount to List
$1
0.0%
Views
582
Current Estimated Value
$785,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,040
Avg. Annual Appreciation
-1.61%
Original Mortgage
$817,200
Outstanding Balance
$809,366
Interest Rate
6.32%
Mortgage Type
VA
Estimated Equity
-$23,406

Purchase Details

Closed on
Feb 7, 2007
Sold by
Britton Ruby D
Bought by
Britton Johnnie W

Purchase Details

Closed on
Jan 31, 2007
Sold by
Britton Johnnie W
Bought by
Britton Johnnie W and Britton Jay E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Chapdelaine Anna $800,000 Lawyers Title
Britton Johnnie W -- None Available
Britton Johnnie W -- None Available
Britton Jay E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chapdelaine Anna $817,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2024 11/22/24 Sold $800,000 0.0% $673 / Sq Ft
10/11/2024 10/11/24 Pending -- -- --
06/30/2024 06/30/24 For Sale $799,999 -- $673 / 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 $3,738 $800,000 $650,000 $150,000
2024 $3,738 $347,170 $197,024 $150,146
2023 $3,632 $340,363 $193,161 $147,202
2022 $3,633 $333,690 $189,374 $144,316
2021 $3,511 $327,148 $185,661 $141,487
2020 $3,539 $323,795 $183,758 $140,037
2019 $3,469 $317,447 $180,155 $137,292
2018 $3,416 $311,223 $176,623 $134,600
2017 $3,349 $305,121 $173,160 $131,961
2016 $3,265 $299,139 $169,765 $129,374
2015 $3,214 $294,646 $167,215 $127,431
2014 $3,153 $288,875 $163,940 $124,935
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2405765

California Regional Multiple Listing Service (CRMLS)

APN: 103-068-07