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740 Iowa St, Fallbrook, CA 92028

Sale Price: $800,000
Jun 30, 20241,189 sqft3 beds2 baths
Listed by: Sharon Corcoran
License #: 01152204
Phone #: 760-522-1972
HomeSmart Realty West
Source:
CRMLS Logo
MLS #: NDP2405765

Property Description

Perfect Investment Property- so much potential for the first time homebuyer or investor. Features: *Square Footage: 1,189 sq ft. *Additional Space: 600+ sq ft basement. * Two Gates: Secure and private entryways. * Recently Updated: Modern and stylish updates throughout the home. * Ample Parking: Plenty of space for your toys, equipment, and RV. * Pool Potential: Room available to install a pool for added luxury and enjoyment. This charming single-family home in the heart of Fallbrook offers a perfect blend of comfort and convenience. With three bedrooms and two full bathrooms, it provides ample space for a family. The 1,189 sq ft living area is complemented by an additional 600+ sqft basement, ideal for storage or a potential recreation room. Turn the basement into additional living space or a JR ADU. The property is set on a 0.26 acres lot with two gates, ensuring privacy and security. A separate lot 0.17 acres is included, offering even more space and potential for expansion. There is room for a garden and to add various fruit trees, providing fresh produce right from your backyard. Recent updates have modernized the home, making it move-in ready. There's plenty of parking space for your vehicles, toys, and equipment, including room for an RV. For those looking to add a touch of luxury, there's also room to install a pool. Don't miss this opportunity with room to build an ADU, convert the basement into additional living space many possibilities.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,767

TurboHome Estimated Value

$758,900

$638 sqft

High Valuation
$796,845
$670/sqft
Normal Valuation
$758,900
$638/sqft
Low Valuation
$720,955
$606/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$638/sqft$758,900

Neighborhood

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Comparative Value

$669K

$685K

$700K

$800K

$800K

242 E Kalmia St, Fallbrook, CA 92028

Sale Price: $669,000

Selected Comparable

730 N Orange Ave, Fallbrook, CA 92028

Sale Price: $675,000

Selected Comparable

145 E Dougherty St, Fallbrook, CA 92028

Sale Price: $685,000

Selected Comparable

737 N Vine St, Fallbrook, CA 92028

Sale Price: $700,000

Selected Comparable

740 Iowa St, Fallbrook, CA 92028

List Price: $800,000

Subject Property

740 Iowa St, Fallbrook, CA 92028

Sale Price: $800,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
740 Iowa St, Fallbrook, CA 92028

740 Iowa St, Fallbrook, CA 92028

List: $800,000

Listed: 6/30/2024

Area:1,189 sqft
Price/sqft:$673
Beds:3
Baths:2
Year Built:
Lot Size:11,325.6

Comparable Properties

COMPARABLE
Choose comps
737 N Vine St, Fallbrook, CA 92028

737 N Vine St, Fallbrook, CA 92028

Sale: $700,000

3/3/20250.09 mi

Area:1,200 sqft
Price/sqft:$583
Beds:3
Baths:2
Year Built:
Weight:20.4%
740 Iowa St, Fallbrook, CA 92028

740 Iowa St, Fallbrook, CA 92028

Sale: $800,000

11/22/20240.00 mi

Area:1,189 sqft
Price/sqft:$673
Beds:3
Baths:2
Year Built:
Weight:20.3%
145 E Dougherty St, Fallbrook, CA 92028

145 E Dougherty St, Fallbrook, CA 92028

Sale: $685,000

2/18/20250.13 mi

Area:1,196 sqft
Price/sqft:$573
Beds:3
Baths:2
Year Built:
Weight:20.2%
730 N Orange Ave, Fallbrook, CA 92028

730 N Orange Ave, Fallbrook, CA 92028

Sale: $675,000

9/26/20240.06 mi

Area:1,200 sqft
Price/sqft:$563
Beds:3
Baths:2
Year Built:
Weight:19.7%
242 E Kalmia St, Fallbrook, CA 92028

242 E Kalmia St, Fallbrook, CA 92028

Sale: $669,000

7/21/20250.19 mi

Area:1,391 sqft
Price/sqft:$481
Beds:3
Baths:2
Year Built:
Weight:19.5%

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