NOT LISTED FOR SALE

868 E Alvarado St Unit 23 Fallbrook, CA 92028

Estimated Value: $358,000 - $398,000

2 Beds
2 Baths
945 Sq Ft
$305/mo HOA Fee

Last Sold October 30, 2019

Last sale price $238,000 $252 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,558/month

10 Days on Market

Highlights

  • Gas Heated Pool
  • Great Room
  • Living Room Balcony
  • Mountain View
  • Outdoor Cooking Area
  • Community Playground

About This Home

As of October 2019

Do not miss this updated 2 Bedroom condo in The Oaks development of Fallbrook. One level and many upgrades and replacements have been done. New laminate and carpet flooring, new Baseboards, new door and door hardware, new quality bathroom vanities, new plumbing fixtures, new Toto toilets, new light fixtures. Bathtubs refinished and complete 2 tone paint . Water heater is newer. Upstairs end unit with balcony and views of the grassy area and mountains and hills beyond. Bright, uplifting and ready for you!. Neighborhoods: Fallbrook Complex Features: ,,,,,,, Other Fees: 0 Sewer: Sewer Connected Topography: LL

Last Agent to Sell the Property

Kim Carlson

Berkshire Hathaway HomeService License #00968586 Listed on: 09/20/2019

Berkshire Hathaway HomeService

Co-Listed By

Ken Follis

Compass License #00799622

Last Buyer's Agent

Jessica Tang

Bay Realty Investments & Managements Inc. License #01305505

Bay Realty Investments & Managements Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,751

Year Built

  • Built in 1980

Lot Details

  • Partially Fenced Property
  • Fence is in average condition

HOA Fees

  • $305 Monthly HOA Fees

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Entry on the 2nd floor
  • Turnkey
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 945 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Great Room

Kitchen

  • Gas Oven or Range
  • Gas Cooktop
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Carport
  • Parking Available
  • Assigned Parking

Pool

  • Gas Heated Pool
  • Spa

Outdoor Features

  • Living Room Balcony

Utilities

  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1058102623

Community Details

Overview

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

Amenities

  • Outdoor Cooking Area

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,751

Year Built

Built in 1980

Lot Details

0

HOA Fees

$305 per month

Listing Details

  • Park Name: The Oaks
  • Property Attached: Yes
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 1058102623
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Living Area: 945.00
  • Interior Amenities: Balcony, Ceiling Fan(s), Formica Counters, Living Room Balcony, Pantry, Stone Counters
  • Stories: 1
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 2
  • Levels: One
  • Price Per Square Foot: 251.85
  • Room Type: Main Floor Bedroom, Great Room, Main Floor Master Bedroom, Kitchen, Master Bedroom
  • Spa Features: Community

Exterior Features

  • View: Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Partial, Average Condition
  • Pool Features: Heated, Community, Gas Heat
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Carport, Uncovered
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Electric Water Heater, Dishwasher, Refrigerator, Gas Cooktop, Gas Range, Gas Cooking
  • Heating Type: Natural Gas

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Outdoor Cooking Area, Pet Rules, Playground, Pool
  • Association Fee: 305.00
  • Association Fee Frequency: Monthly
  • Association Name: A.R.K. Management
  • Phone: 888-283-1534

Multi Family

  • Number Of Units In Community: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2019
Closed on
Oct 4, 2019
Sold by
Thiel Susan D
Bought by
Moreno Leslie Joseph
Seller's Agent
Kim Carlson
Berkshire Hathaway HomeService
Buyer's Agent
Jessica Tang
Bay Realty Investments & Managements Inc.
List Price
$238,747
Sold Price
$238,000
Premium/Discount to List
-$747
-0.31%
Current Estimated Value
$381,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,747
Avg. Annual Appreciation
8.31%
Original Mortgage
$178,500
Outstanding Balance
$157,346
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$224,402

Purchase Details

Listed on
Sep 20, 2019
Closed on
Oct 2, 2019
Sold by
Follis Kenneth W and Follis Betty Jo
Bought by
Moreno Leslie Joseph
Seller's Agent
Kim Carlson
Berkshire Hathaway HomeService
Buyer's Agent
Jessica Tang
Bay Realty Investments & Managements Inc.
List Price
$238,747
Sold Price
$238,000
Premium/Discount to List
-$747
-0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Outstanding Balance
$157,346
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$224,402

Purchase Details

Listed on
Aug 22, 2016
Closed on
Sep 1, 2016
Sold by
Lerner Brian D and Lerner Krystal N
Bought by
Follis Kenneth W and Follis Betty Jo
Seller's Agent
Ken Follis
Compass
Buyer's Agent
Melinda M Panes
Heritage Realty & Financial
List Price
$160,000
Sold Price
$160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.76%
Original Mortgage
$160,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2002
Sold by
Avocado Crest Condominiums Llc
Bought by
Lerner Brian D and Lerner Krystal N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,613
Interest Rate
6.16%
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
Moreno Leslie Joseph -- Ticor Title
Moreno Leslie Joseph $238,000 Ticor Title San Diego
Follis Kenneth W $160,000 Ticor Title Sd
Lerner Brian D $143,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreno Leslie Joseph $178,500
Previous Owner Follis Kenneth W $160,000
Previous Owner Lerner Brian D $138,613
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2019 10/30/19 Sold $238,000 -0.3% $252 / Sq Ft
09/30/2019 09/30/19 Pending -- -- --
09/20/2019 09/20/19 For Sale $238,747 0.0% $253 / Sq Ft
11/28/2016 11/28/16 Rented $1,250 0.0% --
11/28/2016 11/28/16 For Rent $1,250 0.0% --
09/29/2016 09/29/16 Sold $160,000 0.0% $169 / Sq Ft
08/30/2016 08/30/16 Pending -- -- --
08/22/2016 08/22/16 For Sale $160,000 -- $169 / 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 $2,751 $260,284 $109,363 $150,921
2024 $2,751 $255,181 $107,219 $147,962
2023 $2,679 $250,178 $105,117 $145,061
2022 $2,680 $245,273 $103,056 $142,217
2021 $2,595 $240,465 $101,036 $139,429
2020 $2,618 $238,000 $100,000 $138,000
2019 $1,848 $166,463 $43,280 $123,183
2018 $1,820 $163,200 $42,432 $120,768
2017 $1,785 $160,000 $41,600 $118,400
2016 $1,663 $150,000 $39,000 $111,000
2015 $1,656 $150,000 $39,000 $111,000
2014 $1,280 $115,000 $30,000 $85,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 190052125

California Regional Multiple Listing Service (CRMLS)

APN: 105-810-26-23