NOT LISTED FOR SALE

768 Puerta de Lomas Fallbrook, CA 92028

Estimated Value: $1,491,000 - $1,602,000

3 Beds
3 Baths
3,202 Sq Ft
$483/Sq Ft Est. Value

Last Sold June 16, 2020

Last sale price $1,175,000 $367 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $9,533/month

49 Days on Market

Highlights

  • Ocean View
  • 5.88 Acre Lot
  • Retreat
  • In Ground Pool
  • Open Floorplan
  • Corner Lot

About This Home

As of June 2020

Single-story estate with spectacular panoramic VIEWS and privacy in the South Morro Hills area of Fallbrook, resting on nearly 6 acres with a highly profitable, & professionally-maintained Hass Avocado grove (320 trees). Seller has agreement with CALAVO (world's largest avo distributor). Home has been renovated 2017-2020 and is energy-efficient. This home is positioned to capture remarkable sunset views. Minutes from freeways, shops, dining, and sandy beaches. The exterior features a sparkling pool and patio overlooking a mature, highly profitable, & professionally-maintained Hass Avocado grove, and 250 Bearss Lime trees. Immaculately maintained and beautifully updated interiors include your dream kitchen: soft-close cabinets, a built-in wine storage wall, custom quartz countertops, reverse osmosis water system at the farmhouse sink, and nearly new appliances (Samsung refrigerator, GE microwave, GE electric oven, Frigidaire induction cooktop, and Samsung dishwasher). The kitchen compliments the open floor plan living spaces: two wood burning fireplaces, vaulted ceilings, built-in bookshelves, three oversized bedrooms with full en-suite baths, built-in wet bar, plus a bonus office area. Additional upgrades include Trane 22 SEER high efficiency HVAC unit with newer ducting/vents and air handlers with a wifi app control, security camera system, ADT security system, and a fully-fenced dog run.. Neighborhoods: South Morro Hills Equipment: Pool/Spa/Equipment Other Fees: 0 Sewer: Septic Installed Topography: LL,GSL

Last Agent to Sell the Property

Beth Van Boxtel

Pacific Sotheby's Int'l Realty License #01946320 Listed on: 03/29/2020

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,362

Year Built

  • Built in 1982 | Remodeled

Lot Details

  • 5.88 Acre Lot
  • Partially Fenced Property
  • Barbed Wire
  • Chain Link Fence
  • Redwood Fence
  • Corner Lot
  • Manual Sprinklers System
  • Property is zoned AG

Parking

  • 8 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Panoramic
  • Orchard Views
  • Mountain

Home Design

  • Turnkey
  • Concrete Roof
  • Wood Siding

Interior Spaces

  • 3,202 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Home Security

  • Home Security System
  • Security Lights

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • In Ground Pool
  • Patio
  • Shed
  • Front Porch

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1211720100

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,362

Year Built

Built in 1982 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Security: Security System, Security Lights
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Zoning: AG
  • Architectural Style: Ranch
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1211720100
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3202.00
  • Interior Amenities: Beamed Ceilings, Built-in Features, Ceiling Fan(s), High Ceilings, Open Floorplan, Recessed Lighting, Wet Bar
  • Stories: 1
  • Flooring: Carpet, Tile
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Dining Room, Living Room
  • Levels: One
  • Price Per Square Foot: 366.96
  • Room Type: Main Floor Bedroom, Family Room, Great Room, Retreat, Main Floor Master Bedroom, Master Bedroom, Laundry, Master Bathroom, Walk-In Closet

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s)
  • View: Mountain(s), Ocean, Panoramic, Orchard
  • Fence: Yes
  • Fencing: Partial, Barbed Wire, Redwood, Chain Link
  • Patio And Porch Features: Slab, Front Porch
  • Pool Features: In Ground
  • Pool Private: No
  • Roof: Concrete
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 8.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Water Heater, Dishwasher, Disposal, Microwave, Refrigerator, Electric Oven
  • Heating Type: Electric
  • Laundry Features: Electric Dryer Hookup, Individual Room
  • Cooling: Central Air, Electric
  • Cooling: Yes

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers Manual, Sprinkler System, Corner Lot
  • Lot Size Sq Ft: 256132.00
  • Lot Size Acres: 5.8800

Multi Family

  • Lot Size Area: 256132.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2020
Closed on
May 29, 2020
Sold by
Reames Darryl James and Reames Caitlin Clemens
Bought by
Spence Jason Franklin and Spence Lara Heather
Seller's Agent
Beth Van Boxtel
Pacific Sotheby's Int'l Realty
List Price
$1,225,000
Sold Price
$1,175,000
Premium/Discount to List
-$50,000
-4.08%
Current Estimated Value
$1,548,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,013
Avg. Annual Appreciation
5.42%
Original Mortgage
$1,202,025
Interest Rate
3.2%
Mortgage Type
VA

Purchase Details

Listed on
Mar 1, 2017
Closed on
May 16, 2017
Sold by
Wilson Craig G and Wilson David J
Bought by
Reames Darryl James and Reames Caitlin Clemens
Seller's Agent
Christopher Rodriguez
Maximum Mrtg & Real Estate Inc
Buyer's Agent
Linda Charman
Thunderbird Real Estate
List Price
$849,800
Sold Price
$850,000
Premium/Discount to List
$200
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.52%
Original Mortgage
$680,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 31, 2016
Sold by
Wilson Mary D
Bought by
Medelman Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.43%
Source: Public Records

Range of Values:

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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
Spence Jason Franklin $1,175,000 First American Title
Reames Darryl James $850,000 Fidelity
Medelman Joan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spence Jason Franklin $1,199,467
Closed Spence Jason Franklin $1,202,025
Previous Owner Reames Darryl James $144,000
Previous Owner Reames Darryl James $46,011
Previous Owner Reames Darryl James $680,000
Previous Owner Medelman Joan --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2020 06/16/20 Sold $1,175,000 -4.1% $367 / Sq Ft
05/17/2020 05/17/20 Pending -- -- --
03/29/2020 03/29/20 For Sale $1,225,000 +44.1% $383 / Sq Ft
06/29/2017 06/29/17 Sold $850,000 0.0% $265 / Sq Ft
05/08/2017 05/08/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $849,800 -- $265 / 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 $13,362 $1,285,030 $710,868 $574,162
2024 $13,362 $1,259,834 $696,930 $562,904
2023 $13,074 $1,235,132 $683,265 $551,867
2022 $12,853 $1,210,915 $669,868 $541,047
2021 $12,629 $1,187,173 $656,734 $530,439
2020 $9,591 $902,024 $165,419 $736,605
2019 $9,412 $884,338 $162,176 $722,162
2018 $9,459 $866,999 $158,997 $708,002
2017 $4,565 $405,556 $74,374 $331,182
2016 $4,461 $397,605 $72,916 $324,689
2015 $4,394 $391,633 $71,821 $319,812
2014 $4,310 $383,963 $70,415 $313,548
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200015046

California Regional Multiple Listing Service (CRMLS)

APN: 121-172-01