NOT LISTED FOR SALE

868 E Alvarado St Unit 16 Fallbrook, CA 92028

Estimated Value: $337,000 - $359,000

2 Beds
1 Bath
780 Sq Ft
$360/mo HOA Fee

Last Sold May 14, 2021

Last sale price $240,000 $308 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,422/month

23 Days on Market

Highlights

  • City Lights View
  • Community Pool
  • Laundry Room
  • 3.37 Acre Lot
  • Outdoor Cooking Area
  • Dog Park

About This Home

As of May 2021

Beautiful Fallbrook 2 bedroom, 1 bath Condo located in "The Oaks" Development. This is a second floor corner unit with a wonderful Balcony overlooking the Pool and Spa area with excellent views to the North. The desirable open floor plan has the Kitchen and Family Room next to each other creating a "Great Room" effect. Newer Maple Cabinetry, Dual Glazed Windows and neutral paint with tile and wood flooring creates an inviting environment. Easy walk to Fallbrook’s Charming Downtown.

Last Agent to Sell the Property

Heather Pack

ERA Donahoe Realty License #01467167 Listed on: 01/11/2021

Last Buyer's Agent

Steven Torres

Keller Williams Realty License #01494692

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,746

Year Built

  • Built in 1980

Lot Details

  • 1 Common Wall

HOA Fees

  • $360 Monthly HOA Fees

Interior Spaces

  • 780 Sq Ft Home
  • City Lights Views
  • Laundry Room

Kitchen

  • Gas Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Available
  • Covered Parking
  • Assigned Parking

Schools

  • Fallbrook Elementary School
  • Potter Middle School
  • Fallbrook High School

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Vented Exhaust Fan

Listing and Financial Details

  • Tax Tract Number 10539
  • Assessor Parcel Number 1058102616

Community Details

Overview

  • 48 Units
  • A.R.K. Management Association, Phone Number (888) 283-1534
  • The Oaks

Amenities

  • Outdoor Cooking Area
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa
  • Dog Park

Pet Policy

  • Pets Allowed
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,746

Year Built

Built in 1980

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Assessments: Yes
  • Park Name: The Oaks
  • Property Attached: Yes
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 1058102616
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 780.00
  • Entry Location: Stairs
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 307.69

Exterior Features

  • View: City Lights
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Covered, Uncovered
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range, Vented Exhaust Fan
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Common Area, Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Outdoor Cooking Area, Pet Rules, Pets Permitted, Pool, Spa/Hot Tub
  • Association Fee: 360.00
  • Association Fee Frequency: Monthly
  • Association Name: A.R.K. Management
  • Phone: 888-283-1534
  • Senior Community: No
  • Community Features: Sidewalks, Dog Park

Schools

  • School District: Fallbrook Union
  • Elementary School: Fallbrook
  • Middle School: Potter
  • High School: Fallbrook
  • Elementary School: Fallbrook
  • High School: Fallbrook
  • Middle Or Junior School: Potter
  • Elementary School #2: FALLBR
  • High School2: FALLBR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 146899.00
  • Lot Size Acres: 3.3700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 146899.0000 Square Feet
  • Number Of Units In Community: 48

Tax Info

  • Tax Tract Number: 10539

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2021
Closed on
Jun 1, 2021
Sold by
Makka Ugbabe Serah
Bought by
Ugbabe Onche Rajesh
Seller's Agent
Heather Pack
ERA Donahoe Realty
Buyer's Agent
Steven Torres
Keller Williams Realty
List Price
$199,900
Sold Price
$240,000
Premium/Discount to List
$40,100
20.06%
Current Estimated Value
$345,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,705
Avg. Annual Appreciation
8.04%

Purchase Details

Closed on
Mar 2, 2021
Sold by
Tao Wei
Bought by
Ugbabe Onche Rajesh

Purchase Details

Closed on
Jul 21, 2010
Sold by
Riviere Joyce
Bought by
Tao Wei

Purchase Details

Closed on
Apr 26, 2007
Sold by
Teson Ronald
Bought by
Riviere Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,000
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 18, 2007
Sold by
Avocado Crest Condominiums Llc
Bought by
Riviere Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,000
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 25, 2006
Sold by
Tom Christopher K
Bought by
Avocado Crest Condominiums Llc

Purchase Details

Closed on
Jun 25, 2002
Sold by
Avocado Crest Condominiums Llc
Bought by
Tom Christopher K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,183
Interest Rate
6.86%
Mortgage Type
FHA
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
Ugbabe Onche Rajesh -- None Available
Ugbabe Onche Rajesh $240,000 First American Title
Tao Wei $65,500 Chicago
Riviere Joyce -- Chicago Title Co
Riviere Joyce $190,000 Chicago Title Co
Avocado Crest Condominiums Llc $177,000 Commonwealth Land Title Co
Tom Christopher K $124,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riviere Joyce $19,000
Previous Owner Riviere Joyce $152,000
Previous Owner Tom Christopher K $120,183
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $240,000 +20.1% $308 / Sq Ft
01/11/2021 01/11/21 For Sale $199,900 -- $256 / 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 $2,746 $259,780 $59,485 $200,295
2024 $2,746 $254,687 $58,319 $196,368
2023 $2,674 $249,694 $57,176 $192,518
2022 $2,675 $244,799 $56,055 $188,744
2021 $865 $77,517 $17,750 $59,767
2020 $874 $76,723 $17,568 $59,155
2019 $861 $75,220 $17,224 $57,996
2018 $849 $73,746 $16,887 $56,859
2017 $832 $72,301 $16,556 $55,745
2016 $809 $70,884 $16,232 $54,652
2015 $791 $69,821 $15,989 $53,832
2014 $777 $68,454 $15,676 $52,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2100371

California Regional Multiple Listing Service (CRMLS)

APN: 105-810-26-16