NOT LISTED FOR SALE

1003 S Ridge Dr Fallbrook, CA 92028

Estimated Value: $1,245,000 - $1,402,000

4 Beds
4 Baths
3,491 Sq Ft
$388/Sq Ft Est. Value

Last Sold March 03, 2022

Last sale price $1,075,000 $308 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $8,108/month

7 Days on Market

Highlights

  • Parking available for a boat
  • Pebble Pool Finish
  • 1.8 Acre Lot
  • Horse Property
  • City Lights View
  • Deck

About This Home

As of March 2022

Fallbrook home on 1.8 acres with fabulous views. The home has 4 bedrooms, 4 baths and lower level ensuite is currently used as a bedroom but can be used as a pool room or guest suite with its own private entrance. The master bedroom upstairs has a large balcony where you can sit and enjoy your coffee or evening cocktail and take in the breath-taking views of the valley while the master bath provides a skylight, vanity area, large soaking tub, walk-in shower, dual sinks and a closet organizer. The family room includes a Pellet stove that will keep you plenty warm during those cold days and nights. The family room has double French doors that exit to the patio area and pool and is open to the kitchen. The kitchen showcases a large counter/eating bar, separate dining area, pendant lighting, stainless steel appliances, granite countertops, tons of cabinets for storage and a chimney hood. Another cozy spot in this home is the living room that displays a large stone fireplace with hearth and double doors that exit to the outside. All bedrooms and family room have ceiling fans. There are 2 other secondary bathrooms, one with a tub/shower and one with a step-in shower. An attached oversized garage has tons of built-in cabinets with area large enough for a great workshop and also has a laundry sink. Seller recently remodeled the laundry/utility room and added plenty of storage, laundry sink, and room for a freezer and second refrigerator. The outside yard has a spacious patio area, built-in BBQ, covered bar area and gorgeous pool and spa. After a long day, you can come relax in a heated Spa and enjoy the view. The grounds are planted with several orange trees, great shrubs, and mature palm trees. Few other details about this property – there is a putting green, fenced in area for boats, trailers, water toys and other equipment and the seller is leaving a small diesel 4-wheel drive tractor. Want to keep your RV or boat out of the elements, well a large 40 x 16 shelter is on the property and is certainly large enough to meet that need. Seller has installed two septic tanks and an over-sized solar system that is fully paid for. You will feel the comfort of country living but are still close enough to surrounding cities, wineries, shops, and restaurants. There is so much value here with 1.8 acres fully fenced with separate gated areas, magnificent views, RV or boat coverage storage and plenty of useable land.

Last Agent to Sell the Property

Elizabeth Grisamore

Ultimate New Homes Sales & Mtg License #01363902 Listed on: 01/22/2022

Last Buyer's Agent

Bryce Carrier

Coldwell Banker Realty License #01954932

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 1.8 Acre Lot
  • Property fronts a private road
  • Rural Setting
  • Chain Link Fence
  • Fence is in good condition
  • Drip System Landscaping
  • Front and Back Yard Sprinklers
  • On-Hand Building Permits
  • Property is zoned R1

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Workshop in Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway
  • Parking available for a boat
  • Covered RV Parking

Property Views

  • City Lights
  • Canyon
  • Hills
  • Valley

Home Design

  • Additions or Alterations
  • Barrel Roof Shape
  • Tile Roof

Interior Spaces

  • 3,491 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Raised Hearth
  • Propane Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Window Screens
  • French Doors
  • Sliding Doors
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Storage
  • Utility Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Electric Oven
  • Propane Cooktop
  • Range Hood
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Mirrored Closets Doors
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer and Propane Dryer Hookup

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Solar owned by seller

Pool

  • Pebble Pool Finish
  • Solar Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Spa
  • Solar Heated Spa

Outdoor Features

  • Horse Property
  • Deck
  • Concrete Porch or Patio
  • Exterior Lighting
  • Separate Outdoor Workshop

Schools

  • Potter Middle School
  • Fallbrook High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Pellet Stove burns compressed wood to generate heat
  • Underground Utilities
  • Propane
  • Natural Gas Not Available
  • Water Heater
  • Septic Type Unknown
  • Sewer Not Available
  • Satellite Dish
  • Cable TV Available

Community Details

  • Ridge Drive Road Association, Phone Number (760) 390-1999
  • Fallbrook Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10030
  • Assessor Parcel Number 1052205200
  • $67 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Kitchen refrigerator. Washer/Dryer, refrigerator and freezer in utility room are negotiable separately outside of escrow.
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security System
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Zoning: R1
  • Property Condition: Additions/Alterations, Building Permit
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1052205200
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3491.00 Square Feet
  • Interior Amenities: In-Law Floorplan, Ceiling Fan(s), Granite Counters, Storage, Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: French Doors, Mirror Closet Door(s), Sliding Doors
  • Eating Area: Breakfast Counter / Bar, In Kitchen
  • Fireplace Features: Living Room, Pellet Stove, Propane, Wood Burning, Great Room, Raised Hearth
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 307.93
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Utility Room
  • Spa Features: Private, Gunite, Heated, In Ground, Solar Heated
  • Window Features: Double Pane Windows, Low Emissivity Windows, Screens
  • Bathroom Features: Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Exhaust Fan(s), Tile Counters, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Other Structures: Workshop
  • Exterior Features: Lighting, Satellite Dish
  • View: Canyon, City Lights, Hills, Valley
  • Fence: Yes
  • Fencing: Chain Link, Good Condition
  • Patio And Porch Features: Concrete, Deck, Patio
  • Pool Features: Private, Heated, In Ground, Pebble, Solar Heat
  • Pool Private: Yes
  • Roof: Barrel, Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Boat, Built-In Storage, Direct Garage Access, Driveway, Concrete, Garage, Garage - Two Door, Garage Door Opener, RV Access/Parking, RV Covered, Workshop in Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Not Available, Phone Connected, Propane, Sewer Not Available, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Electric Oven, Disposal, Propane Cooktop, Range Hood, Refrigerator, Self Cleaning Oven, Water Heater, Water Line to Refrigerator
  • Electric: Photovoltaics Seller Owned
  • Heating Type: Central, Fireplace(s), Pellet Stove, Propane
  • Laundry Features: Individual Room, Inside, Propane Dryer Hookup, Washer Hookup
  • Sewer: None, Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 300.00
  • Association Fee Frequency: Annually
  • Association Name: Ridge Drive Road Association
  • Phone: 760-390-1999
  • Senior Community: No
  • Community Features: Rural
  • Association Management: Ridge Drive Road Association

Schools

  • High School: Fallbrook
  • Middle Or Junior School: Potter
  • High School2: FALLBR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Horse Property, Landscaped, Lot Over 40000 Sqft, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 78408.00
  • Lot Size Acres: 1.8000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 78408.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 190.01
  • Tax Lot: 1
  • Tax Tract Number: 10030
  • TaxOtherAnnualAssessmentAmount: 67.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2022
Closed on
Feb 9, 2022
Sold by
Hoxie Family Trust and Hoxie Gary A
Bought by
Swaim Daniel Alec and Swaim Carly Marie
Seller's Agent
Elizabeth Grisamore
Ultimate New Homes Sales & Mtg
Buyer's Agent
Bryce Carrier
Coldwell Banker Realty
List Price
$955,000
Sold Price
$1,075,000
Premium/Discount to List
$120,000
12.57%
Current Estimated Value
$1,352,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,893
Avg. Annual Appreciation
6.22%
Original Mortgage
$895,094
Outstanding Balance
$827,881
Interest Rate
3.69%
Mortgage Type
FHA
Estimated Equity
$525,012

Purchase Details

Closed on
Jul 18, 2007
Sold by
Hoxie Gary A and Hoxie Brenda G
Bought by
Hoxie Gary A and Hoxie Brenda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 12, 2007
Sold by
Hoxie Gary A and Hoxie Brenda G
Bought by
Hoxie Gary A and Hoxie Brenda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 3, 2006
Sold by
Hoxie Gary A and Hoxie Brenda G
Bought by
Hoxie Gary A and Hoxie Brenda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
5.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 9, 2004
Sold by
Hoxie Gary A and Hoxie Brenda G
Bought by
Hoxie Gary A and Hoxie Brenda G

Purchase Details

Closed on
Nov 10, 1997
Sold by
Naerbo Dore A
Bought by
Beneficial California Inc

Purchase Details

Closed on
Mar 30, 1996
Sold by
Naerbo Kurt
Bought by
Naerbo Dore A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Swaim Daniel Alec $1,075,000 Fidelity National Title
Hoxie Gary A -- Accommodation
Hoxie Gary A -- Accommodation
Hoxie Gary A -- Accommodation
Hoxie Gary A -- Lawyers Title Company
Hoxie Gary A -- --
Beneficial California Inc $243,833 Orange Coast Title Co
Naerbo Dore A -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swaim Daniel Alec $895,094
Previous Owner Hoxie Gary A $140,000
Previous Owner Hoxie Gary A $628,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2022 03/03/22 Sold $1,075,000 +12.6% $308 / Sq Ft
01/29/2022 01/29/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $955,000 -11.2% $274 / Sq Ft
01/26/2022 01/26/22 Off Market $1,075,000 -- --
01/22/2022 01/22/22 For Sale $955,000 -- $274 / 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 $11,926 $1,140,798 $477,543 $663,255
2024 $11,926 $1,118,430 $468,180 $650,250
2023 $11,007 $1,043,000 $436,000 $607,000
2022 $3,792 $352,723 $120,356 $232,367
2021 $3,665 $345,808 $117,997 $227,811
2020 $3,693 $342,264 $116,788 $225,476
2019 $3,618 $335,554 $114,499 $221,055
2018 $3,562 $328,975 $112,254 $216,721
2017 $3,491 $322,525 $110,053 $212,472
2016 $3,403 $316,202 $107,896 $208,306
2015 $3,349 $311,454 $106,276 $205,178
2014 $3,285 $305,354 $104,195 $201,159
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW22009919

California Regional Multiple Listing Service (CRMLS)

APN: 105-220-52