NOT LISTED FOR SALE

1180 Lorenzo Dr Fallbrook, CA 92028

Estimated Value: $1,731,000 - $2,482,000

7 Beds
5.5 Baths
6,946 Sq Ft
$309/Sq Ft Est. Value

Last Sold June 10, 2020

Last sale price $1,599,000 $230 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $12,749/month

5 Days on Market

Highlights

  • Parking available for a boat
  • Heated In Ground Pool
  • Custom Home
  • La Paloma Elementary School Rated 9+
  • Primary Bedroom Suite
  • View of Trees or Woods

About This Home

As of June 2020

This stunning one of a kind custom single-story home was rebuilt to perfection by local Architect Paul Olsen. This immaculate 6,900 sf home features 7 bedrooms, 5.5 bathrooms (3 ensuite), large craft/project room, exercise room, custom library, expansive great room with large Cantina doors that open to the outdoor pool patio. From the moment you enter this sprawling home, you know this home has it all and no detail was spared. The kitchen is a chef’s dream and entertainer's delight, featuring a custom large island of HanStone quartz countertops, African Sapele cabinetry, cork flooring, & custom lighting. Top of the line appliances include a Sub Zero Refrigerator, 2 Wolf dishwashers, 2 warming drawers, & convection microwave. Inside the spacious walk-in pantry are additional stand alone GE Refrigerator and Freezer. Family/Great room has a custom built-in library wall with rolling ladder, surround sound system and gorgeous rock fireplace that makes this room ideal for gathering & relaxing. Enter the amazing craft/project room that features ample wall to ceiling copious storage with a roller ladder. Situated on 1.8 acres in beautiful Fallbrook with your own private park and large terraced garden. Private & fully fenced with large drive-through driveway and enough room to add an additional granny suite. Enjoy the sprawling grounds that include a large inviting & open grass areas with so many outdoor entertaining options. This house is truly a rare gem!

Last Agent to Sell the Property

Michi Suzuki

Keller Williams Realty License #01080251 Listed on: 05/17/2020

Keller Williams Realty

Last Buyer's Agent

Michi Suzuki

Keller Williams Realty License #01080251 Listed on: 05/17/2020

Keller Williams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 1.82 Acre Lot
  • Security Fence
  • Privacy Fence
  • Landscaped
  • Sprinkler System
  • Lawn
  • Garden
  • Back and Front Yard
  • Property is zoned R1

Parking

  • 4 Car Direct Access Garage
  • 15 Open Parking Spaces
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Automatic Gate
  • Guest Parking
  • Parking available for a boat
  • RV Access or Parking

Property Views

  • Woods
  • Pool
  • Neighborhood

Home Design

  • Custom Home
  • Contemporary Architecture
  • Stone Siding
  • Stucco

Interior Spaces

  • 6,946 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Central Vacuum
  • Wired For Sound
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Custom Window Coverings
  • Roller Shields
  • Window Screens
  • Sliding Doors
  • Panel Doors
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Workshop
  • Storage
  • Home Gym

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Propane Oven
  • Propane Cooktop
  • Range Hood
  • Warming Drawer
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Quartz Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Saltwater Pool
  • Pool Cover

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting
  • Shed
  • Outdoor Grill
  • Rain Gutters

Schools

  • Fallbrook High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Propane
  • Private Water Source
  • Well
  • Tankless Water Heater
  • Water Purifier
  • Water Softener

Listing and Financial Details

  • Tax Lot 24,34
  • Tax Tract Number 16488
  • Assessor Parcel Number 1063706400

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1965 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: R1
  • Architectural Style: Contemporary, Custom Built
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1063706400
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6946.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Storage, Vacuum Central, Wired for Sound
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Door Features: Panel Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 6
  • Main Level Bedrooms: 7
  • Price Per Square Foot: 230.20
  • Room Type: Entry, Exercise Room, Family Room, Formal Entry, Great Room, Kitchen, Living Room, Master Suite, Office, Walk-In Closet, Walk-In Pantry, Workshop
  • Window Features: Custom Covering, Roller Shields, Screens, Skylight(s)
  • Bathroom Features: Bathtub, Shower, Closet In Bathroom, Double Sinks In Bath(s), Double Sinks In Master Bath, Exhaust Fan(s), Linen Closet/Storage, Privacy Toilet Door, Quartz Counters, Remodeled, Separate Tub And Shower, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Quartz Counters, Remodeled Kitchen, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s), Storage
  • Exterior Features: Barbecue Private, Lighting, Rain Gutters
  • View: Neighborhood, Pool, Trees/Woods
  • Fence: Yes
  • Fencing: Privacy, Security
  • Patio And Porch Features: Concrete
  • Pool Features: Private, Heated, In Ground, Pool Cover, Salt Water
  • Pool Private: Yes
  • Construction Materials: Stone, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Boat, Direct Garage Access, Driveway, Garage, Garage Door Opener, Guest, Private, RV Access/Parking
  • Total Parking Spaces: 19.00
  • Uncovered Spaces: 15.00

Utilities

  • Utilities: Propane, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Freezer, Disposal, Ice Maker, Microwave, Propane Oven, Propane Cooktop, Range Hood, Refrigerator, Tankless Water Heater, Warming Drawer, Water Purifier, Water Softener
  • Heating Type: Forced Air, Propane, Fireplace(s)
  • Laundry Features: In Kitchen, Inside
  • Sewer: Public Sewer
  • Water Source: Private, Public, Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking

Schools

  • High School: Fallbrook
  • High School2: FALLBR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Lawn, Sprinkler System
  • Lot Size Sq Ft: 79279.00
  • Lot Size Acres: 1.8200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 79279.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 188.01
  • Tax Lot: 24,34
  • Tax Tract Number: 16488

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2020
Sold by
Liu Nathaniel and Alice Liu Revocable Living Tru
Bought by
Liu Nathaniel and The Nathaniel Liu Family Trust
Current Estimated Value
$2,147,449

Purchase Details

Listed on
May 17, 2020
Closed on
May 26, 2020
Sold by
Ballif Mark H and Ballif Julia W
Bought by
Liu Nathaniel
Seller's Agent
Michi Suzuki
Keller Williams Realty
Buyer's Agent
Michi Suzuki
Keller Williams Realty
List Price
$1,599,000
Sold Price
$1,599,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%

Purchase Details

Closed on
Dec 27, 2004
Sold by
Ballif Mark H and Ballif Julia W
Bought by
Ballif Mark H and Ballif Julia W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,500
Interest Rate
6.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 13, 2003
Sold by
Grani Kevin
Bought by
Ballif Mark H and Ballif Julia W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.53%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 5, 2002
Sold by
Grani Nicole
Bought by
Grani Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,000
Interest Rate
6.5%

Purchase Details

Closed on
Apr 23, 2001
Sold by
Cox Ralph E and Cox Kimberly A
Bought by
Grani Kevin and Grani Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,200
Interest Rate
7.15%

Purchase Details

Closed on
Sep 14, 1993
Sold by
Snow Marjorie Eloise
Bought by
Cox Ralph E and Cox Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
6.94%
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
Liu Nathaniel -- None Available
Liu Nathaniel $1,599,000 Ticor Title
Ballif Mark H -- Chicago Title
Ballif Mark H $612,000 Chicago Title Co
Grani Kevin -- Southland Title
Grani Kevin $449,000 Chicago Title Co
Cox Ralph E $272,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ballif Mark H $607,500
Previous Owner Ballif Mark H $150,000
Previous Owner Ballif Mark H $400,000
Previous Owner Grani Kevin $409,000
Previous Owner Grani Kevin $359,200
Previous Owner Cox Ralph E $203,150
Closed Cox Ralph E $49,250
Closed Grani Kevin $44,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2020 06/10/20 Sold $1,599,000 0.0% $230 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
05/17/2020 05/17/20 For Sale $1,599,000 -- $230 / 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 $18,374 $1,748,733 $656,185 $1,092,548
2024 $18,374 $1,714,445 $643,319 $1,071,126
2023 $17,819 $1,680,829 $630,705 $1,050,124
2022 $17,829 $1,647,875 $618,340 $1,029,535
2021 $17,231 $1,615,565 $606,216 $1,009,349
2020 $12,979 $1,200,000 $229,000 $971,000
2019 $12,436 $1,150,000 $220,000 $930,000
2018 $12,166 $1,120,000 $215,000 $905,000
2017 $11,948 $1,100,000 $212,000 $888,000
2016 $11,884 $1,100,000 $212,000 $888,000
2015 $11,866 $1,100,000 $212,000 $888,000
2014 $10,791 $1,000,000 $193,000 $807,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: ND20094021

California Regional Multiple Listing Service (CRMLS)

APN: 106-370-64