NOT LISTED FOR SALE

987 Morro Rd Fallbrook, CA 92028

Estimated Value: $809,000 - $873,000

3 Beds
2 Baths
1,666 Sq Ft
$502/Sq Ft Est. Value

Last Sold August 08, 2022

Last sale price $780,000 $468 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,143/month

38 Days on Market

Highlights

  • Parking available for a boat
  • Main Floor Bedroom
  • No HOA
  • La Paloma Elementary School Rated 9+
  • Private Yard
  • 2 Car Attached Garage

About This Home

As of August 2022

Best of Fallbrook Living - country feel but city close! Single story home on a huge 1/2 acre lot - plenty of flat useable space. Enjoy Fallbrook’s perfect climate with so much outdoor space that is all yours! Ample room for adding a pool and/or ADU. Completely fenced lot adorned with orange, grapefruit, lemon, and peach trees. Driveway has been re-surfaced and expanded for extra parking. Lots of space for boat and/or RV parking. Comes with PAID OFF SOLAR! Double door entry, central A/C, living room with fireplace. Close proximity to downtown Fallbrook for convenient grocery shopping, dining, and shopping. No HOA and public sewer connected.

Last Agent to Sell the Property

Lindsay Himmel

First Team Real Estate License #01949666 Listed on: 06/01/2022

First Team Real Estate

Co-Listed By

Sharon Whittlesey

First Team Real Estate License #01799355

Last Buyer's Agent

Debbie Rogers-Griswold

Keller Williams Realty License #01106514

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,456

Year Built

  • Built in 1979

Lot Details

  • 0.5 Acre Lot
  • Private Yard
  • Property is zoned R-1:SINGLE FAM-RES

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Driveway
  • Parking available for a boat
  • RV Potential

Interior Spaces

  • 1,666 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Suburban Location

Utilities

  • Central Air
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1052331200

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,456

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1052331200
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1666.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 468.19
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Boat, Driveway, Garage, RV Potential
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft, Yard
  • Lot Size Sq Ft: 21780.00
  • Lot Size Acres: 0.5000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21780.0000 Square Feet

Tax Info

  • Tax Tract Number: PM0616

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jul 27, 2022
Sold by
Persad Jason S and Persad Marsha
Bought by
Gibson Ian and Gibson Rachel
Seller's Agent
Lindsay Himmel
First Team Real Estate
Buyer's Agent
Debbie Rogers-Griswold
Keller Williams Realty
List Price
$780,000
Sold Price
$780,000
Current Estimated Value
$836,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,982
Avg. Annual Appreciation
2.26%
Original Mortgage
$765,872
Outstanding Balance
$733,922
Interest Rate
5.81%
Mortgage Type
FHA
Estimated Equity
$103,060

Purchase Details

Listed on
Apr 10, 2018
Closed on
May 4, 2018
Sold by
Curry Jessica Anna and Curry Preston P
Bought by
Persad Jason S and Simmons Persad Marsha
Seller's Agent
Reena Chatkara
HomeSmart Realty West
Buyer's Agent
Ruby Castaneda
California Properties GMAC
List Price
$489,000
Sold Price
$495,000
Premium/Discount to List
$6,000
1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.58%
Original Mortgage
$511,335
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Dec 23, 2011
Sold by
Wetzel Stephen Michael and Wetzel Emily J
Bought by
Curry Jessica Anna and Curry Preston P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,632
Interest Rate
4.17%
Mortgage Type
VA

Purchase Details

Closed on
Dec 1, 2010
Sold by
Strata Auction Ii Llc
Bought by
Wetzel Stephen Michael and Wetzel Emily J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,557
Interest Rate
4.35%
Mortgage Type
VA

Purchase Details

Closed on
Sep 2, 2010
Sold by
Phillips Anthony G
Bought by
Strata Auction Ii Llc

Purchase Details

Closed on
Apr 26, 2005
Sold by
Phillips Anthony G
Bought by
Phillips Anthony G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2002
Sold by
Phillips Christine
Bought by
Phillips Anthony G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
9.25%

Purchase Details

Closed on
Oct 4, 2001
Sold by
Samardzich Eleanor M and Samardzich Nick J
Bought by
Phillips Anthony and Phillips Christine

Purchase Details

Closed on
Sep 12, 1989

Purchase Details

Closed on
Jan 27, 1986

Purchase Details

Closed on
Jun 1, 1984
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
Gibson Ian $780,000 Ticor Title
Persad Jason S $495,000 Ticor Title Company Of Ca
Curry Jessica Anna $355,000 Ticor Title
Wetzel Stephen Michael $305,000 Stewart Title Of California
Strata Auction Ii Llc $219,500 None Available
Phillips Anthony G -- Financial Title
Phillips Anthony G -- Chicago Title Co
Phillips Anthony -- --
-- $178,000 --
-- $132,000 --
-- $132,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Ian $765,872
Previous Owner Persad Jason S $511,335
Previous Owner Curry Jessica Anna $362,632
Previous Owner Wetzel Stephen Michael $311,557
Previous Owner Phillips Anthony G $352,500
Previous Owner Phillips Anthony G $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2022 08/08/22 Sold $780,000 0.0% $468 / Sq Ft
07/10/2022 07/10/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $780,000 +57.6% $468 / Sq Ft
06/14/2018 06/14/18 Sold $495,000 +1.2% $297 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $489,000 +37.7% $294 / Sq Ft
01/03/2014 01/03/14 Sold $355,000 0.0% $213 / Sq Ft
11/27/2013 11/27/13 Pending -- -- --
09/17/2013 09/17/13 For Sale $355,000 -- $213 / 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 $8,456 $811,512 $405,756 $405,756
2024 $8,456 $795,600 $397,800 $397,800
2023 $7,989 $760,000 $380,000 $380,000
2022 $5,757 $530,738 $265,369 $265,369
2021 $5,563 $520,332 $260,166 $260,166
2020 $5,606 $514,998 $257,499 $257,499
2019 $5,495 $504,900 $252,450 $252,450
2018 $4,190 $382,462 $191,231 $191,231
2017 $4,107 $374,964 $187,482 $187,482
2016 $4,005 $367,612 $183,806 $183,806
2015 $3,941 $362,092 $181,046 $181,046
2014 $3,317 $311,100 $155,550 $155,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2205286

California Regional Multiple Listing Service (CRMLS)

APN: 105-233-12