NOT LISTED FOR SALE

868 E Alvarado St Unit 44 Fallbrook, CA 92028

Estimated Value: $330,000 - $350,000

2 Beds
1 Bath
780 Sq Ft
$450/mo HOA Fee

Last Sold August 27, 2024

Last sale price $332,000 $426 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,448/month

13 Days on Market

Highlights

  • Park or Greenbelt View
  • Hiking Trails
  • Park
  • Community Pool
  • Community Playground
  • Resident Manager or Management On Site

About This Home

As of August 2024

Welcome to this lovely, 2 bedroom upper corner condo situated in a serene neighborhood at The Oaks! As you step into the living room, you are greeted by an inviting & open floor plan. The kitchen features ceiling fan, granite countertops, USB outlet, tiled backsplash, stainless steel appliances: stove, dishwasher, refrigerator & microwave. The primary room has large walk-in closet. You'll appreciate the versatile bonus/optional bedroom with French doors (no closet), that may be used as a home office, guest room, media room or gym. Take in the beautiful views from your balcony patio & feel the breeze! The Oaks is a pet friendly Fallbrook community that offers resort-style amenities for everyone: plunge in the swimming pool, relax in the spa, explore the playground, enjoy a picnic on the large shady lawn or go on a hike taking in the majestic mountain views. Best of all, HOA fee includes water, limited insurance, trash & sewer! Complex offers two assigned parking spots #67 & #58 for this unit & a community laundry for your convenience. Great for VA, first time home buyer or an investor seeking a 1031 exchange, this is a great opportunity for you! This home may qualify for several 3% down programs & 1st Time Home Buyer Programs (Ask about the $10K & $30k Grant Programs)! Stop renting & make it reality to own your home! Don't delay, come view it today!

Last Agent to Sell the Property

Adela Rivera

Remax Excellence Brokerage Email: ARiveraRealty@gmail.com License #01852221 Listed on: 06/28/2024

Last Buyer's Agent

Heather Rodriguez

Berkshire Hathaway HomeServices California Properties License #02041009

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,289

Year Built

  • Built in 1980

Lot Details

  • 3.37

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 780 Sq Ft Home
  • 1-Story Property
  • Park or Greenbelt Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Additional Features

  • 1 Common Wall
  • Hot Water Heating System

Listing and Financial Details

  • Tax Tract Number 10539
  • Assessor Parcel Number 1058102644
  • $37 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 48 Units
  • The Oaks Association, Phone Number (858) 201-6008

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Park
  • Hiking Trails

Pet Policy

  • Pets Allowed
  • Pet Restriction

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,289

Year Built

Built in 1980

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: R-1
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 1058102644
  • Year Built: 1980
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 780.00
  • Stories: 1
  • Entry Location: living room
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 425.64
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Park/Greenbelt
  • Fence: No
  • Pool Features: Community
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Community

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Hot Water, Management, Pet Rules, Pets Permitted, Playground, Pool, Spa/Hot Tub
  • Association Fee: 450.00
  • Association Fee Frequency: Monthly
  • Association Name: The Oaks
  • Phone: 858-201-6008
  • Senior Community: No
  • Community Features: Hiking, Park

Schools

  • School District: Fallbrook Union

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 48

Tax Info

  • Tax Tract Number: 10539
  • TaxOtherAnnualAssessmentAmount: 37.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Aug 26, 2024
Sold by
Gomez Manuel and Gomez Angela
Bought by
Sorrell Jeric Spencer
Seller's Agent
Adela Rivera
Remax Excellence
Buyer's Agent
Heather Rodriguez
Berkshire Hathaway HomeServices California Properties
List Price
$299,000
Sold Price
$332,000
Premium/Discount to List
$33,000
11.04%
Views
104
Current Estimated Value
$340,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,835
Avg. Annual Appreciation
2.44%
Original Mortgage
$332,000
Outstanding Balance
$328,555
Interest Rate
6.89%
Mortgage Type
VA
Estimated Equity
$12,280

Purchase Details

Closed on
Jul 20, 2017
Sold by
Bingham Pauline and Bingham Joseph
Bought by
Gomez Manuel and Gomez Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Cheng Pauline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2010
Sold by
Szeszel Monika K
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 3, 2002
Sold by
Avocado Crest Condominiums Llc
Bought by
Szeszel Monika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,010
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
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
Sorrell Jeric Spencer $332,000 None Listed On Document
Gomez Manuel $190,000 First American Title Company
Cheng Pauline $58,500 Lsi Title Agency
Federal Home Loan Mortgage Corporation $87,412 Accommodation
Szeszel Monika $129,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorrell Jeric Spencer $332,000
Previous Owner Gomez Manuel $180,500
Previous Owner Cheng Pauline $57,000
Previous Owner Szeszel Monika $116,010
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2024 08/27/24 Sold $332,000 +2.2% $426 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
07/05/2024 07/05/24 Price Changed $325,000 +8.7% $417 / Sq Ft
06/28/2024 06/28/24 For Sale $299,000 -- $383 / 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 $2,289 $332,000 $85,557 $246,443
2024 $2,289 $211,942 $54,618 $157,324
2023 $2,231 $207,788 $53,548 $154,240
2022 $2,232 $203,715 $52,499 $151,216
2021 $2,163 $199,721 $51,470 $148,251
2020 $2,182 $197,674 $50,943 $146,731
2019 $2,143 $193,799 $49,945 $143,854
2018 $2,111 $190,000 $48,966 $141,034
2017 $750 $64,726 $16,681 $48,045
2016 $729 $63,457 $16,354 $47,103
2015 $712 $62,505 $16,109 $46,396
2014 $700 $61,282 $15,794 $45,488
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2405578

California Regional Multiple Listing Service (CRMLS)

APN: 105-810-26-44