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712 Reche Way

712 Reche Way, Fallbrook, CA 92028
Property in Fallbrook
Sold May 07, 1998
$170,000
$224,500 by Quicken Loans Llc
Mortgage Due Mar 01, 2051
Sold Apr 12, 1996
$181,000
$182,810 by Jp Mtg Bankers
Mortgage Due May 01, 2026
Local assessors in Fallbrook, CA have categorized 712 Reche Way as a residential type of property. The home was built in 1981 and is 43 years old. The property's lot size has been calculated to be 31,363 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 712 Reche Way has a total of 1,826 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 712 Reche Way sold most recently in Mar 12, 1998 for a total of $170,000. If you work out the math, that's approximately a cost of $93.10 per sqft. Before that, the property was also sold for $181,000 in Apr 9, 1996. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,719 in taxes each year. 712 Reche Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $260,882. If we break it down further, the land itself was valued at $78,823. Improvements to the property, however, were assessed at a total of $182,059. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Conventional
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 31,363
  • Total Building Area: 1,826
  • Building Area: 1,826
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,826
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARCEL MAP NO 7024
  • Land Acres: 0.72
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: PAR 1 TR PM07024

Ownership

  • Current Owner : KENNEDY JEFFREY L
  • Current Owner 2: KENNEDY MARISA ANN
  • Previous Owner : CRAIG GREGORY N
  • Previous Owner 2: CRAIG DEBORAH S
  • Owner Before Previous Owner: SMITH JERRY D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Living Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fallbrook Union Elementary School District
  • School Tax School District: FALLBROOK UNION
  • Census Tract: 019001

Zoning

  • Zoning: RR

Geography

  • Assessors Map Reference: PM07024
  • Subdivision Tract Number: 7024
  • Parcel: 106-031-65-00
  • Municipality: FALLBROOK UNION
  • Latitude: 33.3714
  • Longitude: -117.224

    Address

  • Full Address: 712 Reche Way
  • Address - House Number: 712
  • Address - Street Name: Reche
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Fallbrook
  • Carrier Code: C004
  • 4-Digit Zip Code: 3642
  • Zip Code: 92028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,719
  • Tax Rate Code Area: 75-002

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 80
  • Final Value: 834,157
  • High Value: 967,706
  • Low Value: 700,607

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $224,500
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: May 12, 2021
  • First Open Lien Mortgage Loan Amount: $224,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $260,882
  • Assessed Land Value: $78,823
  • Assessed Improvements Value: $182,059

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 12, 1998
  • Current Sale Recording Date: May 07, 1998
  • Current Sale Transaction ID: 1047881738
  • Current Sale Price: $170,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 1998-0268492
  • Previous Sale Recording Date: Apr 12, 1996
  • Previous Sale Contract Date: Apr 09, 1996
  • Previous Sale Amount: $181,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SCME MTG BANKERS INC
  • First Mortgage Transaction Date: May 07, 1998
  • First Mortgage Loan Amount: $165,926
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2028

    Previous Mortgages

  • Previous Mortgage Lender: JP MTG BANKERS
  • Previous Mortgage Transaction Date: Apr 12, 1996
  • Previous Mortgage Loan Amount: $182,810
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: May 01, 2026

About Fallbrook



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath

Frequently Asked Questions

What neighborhood is 712 Reche Way located in?
The 712 Reche Way is a located in the neighborhood of Fallbrook in Fallbrook, Fallbrook.
What is the average sales price for listings in 712 Reche Way?
The average sales price for units in 712 Reche Way is $0 currently.

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