NOT LISTED FOR SALE

762 Puerta de Lomas Fallbrook, CA 92028

Fallbrook Area
3 Beds
2 Baths
1,744 Sq Ft
7.19 Acre Lot

Sale Details

Date Sold: January 24, 2023

Last sale price $1,050,000 $602 Per Sq Ft

21 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Mountain View
  • No HOA
  • 7.19 Acre Lot
  • Private Yard
  • Home Office

About This Home

As of January 2023

INCREDIBLE 6-UNIT INVESTMENT OPPORTUNITY! Sprawling property with lots of separation between units, beautiful orchard views and CASH FLOW! Your tenants will enjoy loads of privacy on this massive 7-acre homestead. Projected full 2022 income is 128K! Actual income up to November is 119K without counting 1 owner occupied unit that could rent for $2,500-3,000 a month! Unit 6 is not included in income as it is currently owner occupied. Current NOI is $105,848 without unit 6 rent. Currently a 10 CAP. See for yourself that this is the perfect investment opportunity!

Last Agent to Sell the Property

Joseph Onello

KW Vision License #01939948 Listed on: 11/17/2022

KW Vision

Last Buyer's Agent

Rich Rollins

Rollins Realty License #00372659

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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • 7.19 Acre Lot
  • Private Yard
  • Property is zoned RR

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,744 Sq Ft Home
  • Fireplace
  • Home Office
  • Workshop
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 10 Main Level Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Utilities

  • Zoned Cooling
  • Septic Type Unknown
  • Shared Septic

Listing and Financial Details

  • Tax Lot 3120
  • Tax Tract Number 3120
  • Assessor Parcel Number 1211721600
  • $242 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Fallbrook Subdivision
  • Mountainous Community

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

7.19 Acres

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Zoning: RR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1211721600
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1744.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 7
  • Main Level Bedrooms: 10
  • Price Per Square Foot: 602.06
  • Room Type: All Bedrooms Down, Office, Workshop

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Septic Type Unknown, Shared Septic
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 313196.00
  • Lot Size Acres: 7.1900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 313196.0000 Square Feet
  • Number Of Units Total: 6

Tax Info

  • Tax Census Tract: 186.19
  • Tax Lot: 3120
  • Tax Tract Number: 3120
  • TaxOtherAnnualAssessmentAmount: 242.00

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
Nov 17, 2022
Closed on
Jan 5, 2023
Sold by
Bought by
Seller's Agent
Joseph Onello
KW Vision
Buyer's Agent
Rich Rollins
Rollins Realty
List Price
$1,000,000
Sold Price
$1,050,000
Premium/Discount to List
$50,000
5%
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$430,291
Interest Rate
6.33%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 13, 2009
Sold by
Bought by

Purchase Details

Closed on
Nov 14, 2008
Sold by
Bought by

Purchase Details

Closed on
Jun 7, 2005
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
$548,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 10, 2000
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
$181,500
Interest Rate
8.2%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Fallbrook, CA

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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
$1,050,000 --
-- None Available
-- None Available
$685,000 Chicago Title Co
-- United Title Company
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 $450,000
Previous Owner $548,000
Previous Owner $200,607
Previous Owner $100,000
Previous Owner $181,500
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
01/24/2023 01/24/23 Sold $1,050,000 0.0% $602 / Sq Ft
12/08/2022 12/08/22 Pending -- -- --
12/08/2022 12/08/22 Off Market $1,050,000 -- --
11/17/2022 11/17/22 For Sale $1,000,000 -- $573 / 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 $11,568 $1,114,268 $955,087 $159,181
2025 $11,425 $1,092,420 $936,360 $156,060
2024 $11,425 $1,071,000 $918,000 $153,000
2023 $8,581 $800,000 $640,000 $160,000
2022 $8,601 $800,000 $640,000 $160,000
2021 $5,790 $530,000 $424,000 $106,000
2020 $5,803 $530,000 $424,000 $106,000
2019 $5,492 $500,000 $400,000 $100,000
2018 $5,410 $480,000 $384,000 $96,000
2017 $5,355 $475,000 $380,000 $95,000
2016 $4,958 $440,000 $352,000 $88,000
2015 $4,526 $400,000 $320,000 $80,000
2014 $3,721 $325,000 $260,000 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW22243349

California Regional Multiple Listing Service (CRMLS)

APN: 121-172-16-00

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