NOT LISTED FOR SALE

Estimated Value: $2,769,156 - $3,594,000

4 Beds
3 Baths
2,170 Sq Ft
$1,435/Sq Ft Est. Value

Last Sold August 09, 2022

Last sale price $3,075,000 $1,417 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $19,179/month

230 Days on Market

Highlights

  • Horse Property
  • Panoramic View
  • Main Floor Primary Bedroom
  • Olivenhain Pioneer Elementary Rated A
  • Fireplace in Guest House
  • No HOA

About This Home

As of August 2022

Endless, panoramic views and feeling of separation accent this rare offering in West Olivenhain. This special, 1.58 ac equestrian property provides a relaxed, country lifestyle yet is easy to great beaches, shops and dining. Bordered by one of the finest and most diverse recreational trail system’s in SD, keep your horse in the backyard and ride to your choice of nearby professional stables. RR2 Zoning permits a variety of pets for the animal lover in you. Beamed, vaulted living room ceilings, skylights and grand fireplace compliment the existing 2107sf single level home. French doors all around invite lots of light and entry to the outdoors. A newer, converted 2 car garage can serve as an additional 400+ sf master suite, granny flat or income producing accessory unit. Bring your vision for the Equestrian Estate of your dreams or execute the incredible investment opportunity for up to 3 half acre lots (Prelim. plan attached). This property screams potential! Horse improvements include two 16’x16’ block stalls barn, an expandable 175’x75’ arena, 80’x55’ paddock area with shed row, wash rack/cross tie and hay storage. Located on a no-outlet road. Trail access directly across street. Measurements are approximate and need to be verified.

Last Agent to Sell the Property

Sean Caddell

Pacific Sotheby's Int'l Realty License #01192842 Listed on: 10/18/2021

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Emma Lefkowitz

Real Broker License #01480896

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,866

Year Built

  • Built in 1977

Lot Details

  • 1.58 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R-1:Single Fam-Res

Parking

  • 2 Car Attached Garage

Property Views

  • Panoramic
  • Woods
  • Mountain
  • Valley

Interior Spaces

  • 2,170 Sq Ft Home
  • Family Room
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Horse Property
  • Exterior Lighting

Additional Homes

  • Fireplace in Guest House

Utilities

  • No Heating
  • Conventional Septic

Listing and Financial Details

  • Tax Tract Number 848
  • Assessor Parcel Number 2641512400

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,866

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-1:Single Fam-Res
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2641512400
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2170.00
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Guest House, Living Room
  • Levels: One
  • Price Per Square Foot: 1417.05
  • Room Type: Family Room, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom

Exterior Features

  • View: Mountain(s), Panoramic, Trees/Woods, Valley
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails, Sidewalks, Street Lights

Schools

  • School District: San Dieguito Union

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, 2-5 Units/Acre, Horse Property
  • Lot Size Sq Ft: 68824.80
  • Lot Size Acres: 1.5800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1.5800 Acres

Tax Info

  • Tax Tract Number: 000848

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2021
Closed on
Jun 24, 2022
Sold by
Maryalice Gray Trust
Bought by
Patnaik Shibani and Zaveri Maulik
Seller's Agent
Sean Caddell
Pacific Sotheby's Int'l Realty
Buyer's Agent
Emma Lefkowitz
Real Broker
List Price
$3,300,000
Sold Price
$3,075,000
Premium/Discount to List
-$225,000
-6.82%
Current Estimated Value
$3,113,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,039
Avg. Annual Appreciation
2.25%
Original Mortgage
$2,460,000
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2009
Sold by
Gray Maryalice
Bought by
Gray Maryalice

Purchase Details

Closed on
Feb 1, 1999
Sold by
Gray Mary A
Bought by
Gray Mary Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.77%
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
Patnaik Shibani $3,075,000 Lawyers Title
Gray Maryalice -- None Available
Gray Mary Alice -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patnaik Shibani $2,460,000
Previous Owner Gray Mary Alice $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2022 08/09/22 Sold $3,075,000 -6.8% $1,417 / Sq Ft
06/05/2022 06/05/22 Pending -- -- --
10/18/2021 10/18/21 For Sale $3,300,000 -- $1,521 / 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 $32,866 $3,147,210 $2,783,070 $364,140
2024 $32,866 $3,085,500 $2,728,500 $357,000
2023 $32,121 $3,025,000 $2,675,000 $350,000
2022 $1,910 $160,400 $55,491 $104,909
2021 $1,886 $157,255 $54,403 $102,852
2020 $1,793 $155,644 $53,846 $101,798
2019 $1,755 $152,593 $52,791 $99,802
2018 $1,771 $149,602 $51,756 $97,846
2017 $194 $146,670 $50,742 $95,928
2016 $1,690 $143,796 $49,748 $94,048
2015 $1,668 $141,637 $49,001 $92,636
2014 $1,627 $138,864 $48,042 $90,822
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2111872

California Regional Multiple Listing Service (CRMLS)

APN: 264-151-24