112 Palmas Norte, Fallbrook, California 92028, Fallbrook, 92028 - 3 bed, 3 bath
ACTIVE$1,050,000$2,191/sqft
Est. Value: $1,070,247
1%
FairlyEstimate
112 Palmas Norte, Fallbrook, California 92028
3Beds
3Baths
2,191Sqft
54,014.398Lot
Price Vs. Estimate
The estimated value ($1,070,247.445) is $20,247.445 (1%) lower than the list price ($1,050,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 54014, living area = 2191.
Top Cons:
Age of Core Structure: Built in 1977, while recently renovated cosmetically, the underlying structure and potentially some major systems (e.g., plumbing, electrical, HVAC) are older, which may require future maintenance or upgrades.
Compared to the nearby listings
Price:$1.05M vs avg $887.5K (+$162,500)62%
Size:2,191 sqft vs avg 2,249 sqft49%
Price/sqft:$479 vs avg $42375%
More Insights
Built in 1977 (49 years old).
Condition: Despite being built in 1977, the property has undergone a very recent and extensive renovation, as stated in the description ('just gone through a renovation') and confirmed by the images. The kitchen features new white shaker cabinets, modern quartz countertops, subway tile backsplash, and new stainless steel appliances, including a double oven and induction cooktop. The primary bathroom is also completely new with a double vanity, modern fixtures, and a large walk-in shower with contemporary tile and a skylight. New light wood flooring and fresh paint are present throughout the main living areas and bedrooms. All visible components are virtually new and meet current quality standards, indicating minimal physical depreciation in the renovated spaces. While the original structure is older, the comprehensive updates to key areas elevate its condition significantly.
Year Built
1977
Close
-
List price
$1.05M
Original List price
$1.05M
Price/Sqft
$479
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2600418
Home ConditionExcellent
Features
Good View: Hills, Mountain(s)
Patio
ViewHills, Mountain(s)
About this home
Welcome to 112 Palmas Norte - a slice of heaven in the heart of Fallbrook. Come experience country living with the convenience of being close to town while still having the major freeways just minutes away. This 3 bedroom, 2.5 bathroom home has just gone through a renovation and is move-in ready for you! Situated on a 1.24 acre lot, you have room to grow, to play or to just enjoy the peace and quiet of nature. 2,191 sq ft of open living space that features vaulted, beamed ceilings, a new kitchen and primary bathroom, new flooring and paint throughout. There is also a small office/workspace in the back yard that could be perfect for an in-home office, a workout room, tool shed or whatever your needs may be. 3 car garage for all your vehicles and toys and more. Property has a side gate on the back half of the property, making it convenient for RV parking if desired.
T
Tyler Davidson
Listing Agent
Condition Rating
Excellent
Despite being built in 1977, the property has undergone a very recent and extensive renovation, as stated in the description ('just gone through a renovation') and confirmed by the images. The kitchen features new white shaker cabinets, modern quartz countertops, subway tile backsplash, and new stainless steel appliances, including a double oven and induction cooktop. The primary bathroom is also completely new with a double vanity, modern fixtures, and a large walk-in shower with contemporary tile and a skylight. New light wood flooring and fresh paint are present throughout the main living areas and bedrooms. All visible components are virtually new and meet current quality standards, indicating minimal physical depreciation in the renovated spaces. While the original structure is older, the comprehensive updates to key areas elevate its condition significantly.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 54014, living area = 2191.
Recent Renovation & Move-in Ready: The home has just undergone a renovation, including a new kitchen, primary bathroom, flooring, and paint throughout, making it immediately move-in ready for buyers.
Spacious Lot & Country Living: Situated on a generous 1.24-acre lot, the property offers ample space for outdoor activities, privacy, and the peaceful ambiance of country living.
Versatile Detached Workspace: A small office/workspace in the backyard provides flexible utility, ideal for an in-home office, workout room, or additional storage, catering to diverse buyer needs.
Ample Parking & RV Access: The property features a 3-car garage and a convenient side gate on the back half of the lot, allowing for easy RV parking and accommodating multiple vehicles or recreational toys.
Desirable Interior Features: The open living space boasts attractive vaulted, beamed ceilings, enhancing the home's character and sense of spaciousness.
Cons
Age of Core Structure: Built in 1977, while recently renovated cosmetically, the underlying structure and potentially some major systems (e.g., plumbing, electrical, HVAC) are older, which may require future maintenance or upgrades.
Large Lot Maintenance: The expansive 1.24-acre lot, while offering space, will require significant ongoing landscaping and maintenance efforts, which could be a deterrent for buyers seeking a low-maintenance lifestyle.
Unspecified HVAC Updates: The description highlights cosmetic renovations but does not explicitly mention updates to the heating, ventilation, and air conditioning (HVAC) system, which, given the 1977 build, could be an older unit or lack modern cooling efficiency.