NOT LISTED FOR SALE

Estimated Value: $1,803,000 - $2,231,000

5 Beds
4.5 Baths
4,979 Sq Ft
$416/Sq Ft Est. Value

Last Sold October 12, 2012

Last sale price $925,000 $186 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $12,802/month

91 Days on Market

Highlights

  • Panoramic View
  • Gated Community
  • Contemporary Architecture
  • Highland Ranch Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Private Yard

About This Home

As of October 2012

Magnificent Mediterranean masterpiece in Rancho Bernardo's exclusive Fairway Point neighborhood. Italian marble flooring, crystal chandeliers, gourmet kitchen and much more! -Two HVAC zones for energy efficiency-Whole-house vacuum system-Intercom system-Two-story laundry chute!-Ample cabinet storage throughout the home, including a large area under the stairs. A truly magnificent two-story Mediterranean home in RB's exclusive Fairway Point enclave.Columns and archways frame the large double wood doors which open to reveal rich Italian marble flooring and the first of the home's many crystal chandlers hanging from high above. This theme is repeated throughout the home, out to the back yard.A carpeted formal dining room has dramatic custom window treatments, a crystal chandelier and several small, professionally painted landscape The kitchen's focal point is a large cooking island featuring a Decor electric cook top. The island is illuminated by four Swarovski crystal pendant lights. The kitchen is wrapped in white custom cabinetry and tile countertops. One wall has long tile-topped and backed buffet designed to accommodate large-scale entertaining.The casual dining has large windows to permit abundant morning light. At night, the room is lit with an attractive, modern Moreno glass chandelier.The one ground-floor bedroom is used is a media room. A large- screen TV is included in the home's sale. A beautiful study has a full wall of custom oak shelving and oak molding along the ceiling and around the door. At the top of an impressive circular stairway, the master bedroom has built-in cabinets, several crystal lighting fixtures, and a sitting area with a raised, marble framed gas fireplace. The room opens up to a private second-story balcony. The bathroom has Italian marble on the floor and a soaking bathtub with spa jets. Glass blocks form one wall of a large marble-tiled shower. Look closely at the gold-plated soap dish - it's from Harrods's of London! Completing the suite are his-and-her walk-in closets and a separate room for the toilet and bidet.Two other bedrooms on this level each have reach-in closets with mirror double sliding doors. One of the bedrooms has its own private balcony.

Last Agent to Sell the Property

Sue Herndon

Keller Williams Realty License #00890062 Listed on: 05/26/2012

Co-Listed By

Cam Herndon

VIP Premier Realty Corp License #01368116

Last Buyer's Agent

Runfeng Tian

Abacus Properties Inc. License #01363690

Abacus Properties Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,525

Year Built

  • Built in 1989

Lot Details

  • 9,683 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Property is zoned R1

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 4,979 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Slab Porch or Patio

Schools

  • Poway Unified School District Elementary And Middle School
  • Poway Unified School District High School

Utilities

  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 274-871-15-00

Community Details

Overview

  • Association fees include common area maintenance, gated community
  • Fairway Pointe HOA, Phone Number (858) 485-1700

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,525

Year Built

Built in 1989

Lot Details

0

HOA Fees

$210 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Contemporary
  • Residential Styles: Detached
  • Market Area: North County Inland
  • Cross Street: Paseo Lucido
  • Neighborhood: Fairway Pointe
  • Supplement: A truly magnificent two-story Mediterranean home in RB's exclusive Fairway Point enclave.Columns and archways frame the large double wood doors which open to reveal rich Italian marble flooring and the first of the home's many crystal chandlers hanging fr
  • Estimated Living Space: 4,000 to 4,999 SqFt
  • LP / Sq Ft: 196.83
  • Price Per Sq Ft: 185.78
  • Residential Unit Location: Detached
  • SP/ Sq Ft: 185.78
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Sub Flooring: Slab on Grade
  • Equipment Available: Dishwasher, Disposal, Garage Door Opener, Microwave, Range/Oven
  • Fireplaces: 2
  • Fireplace: Fp In Family Room, Fp In Master Br
  • Walls: Drywall
  • Searchable Rooms: Breakfast Area, Dining Room/Separate, Family Room, Optional Bedrooms
  • Total Bedrooms: 5
  • Bedrooms: 4
  • Master Bedroom Dimensions: 18x16
  • Optional Bedrooms: 1
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 4979
  • Total Bathrooms: 5

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Patio: Slab
  • Roof: Tile/Clay
  • View: Evening Lights, Mountains/Hills, Panoramic
  • Exclusive Use Yard: Yes

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 3

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric, Gas
  • Security: Gated Community
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas
  • Telecommunications: Cable (coaxial)

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: RANCHO BERNARDO
  • Home Owner Association: Fairway Pointe HOA
  • Home Owner Association Fee Includes: Common Area Maintenance, Gated Community
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 210
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-485-1700

Fee Information

  • Total Monthly Fees: 210

Schools

  • School District URL: http://www.powayusd.com/
  • Elementary School: Poway Unified School District
  • Elementary School Website: http://www.powayusd.com/
  • High School: Poway Unified School District
  • Middle School Url: http://www.powayusd.com/
  • Middle School: Poway Unified School District

Lot Info

  • Irrigation: Sprinklers
  • Lot Size: 7,500-10,889 SF
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R1
  • Assessor Parcel Number: 274-871-15-00
  • Estimated Lot Sq Ft: 9683
  • Water District URL: www.ci.san-diego.ca.us/water
  • Estimated Number of Acres: 0.22
  • Map Code Column: B
  • Map Code Page: 1170
  • Map Code Row: 4

Tax Info

  • Assessor Parcel Number: 12210KINGSGATE92128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2012
Closed on
Sep 5, 2012
Sold by
Tudor Dianne S
Bought by
Zhu Qun and Ouyang Youwen
Seller's Agent
Sue Herndon
Keller Williams Realty
Buyer's Agent
Runfeng Tian
Abacus Properties Inc.
List Price
$1,195,000
Sold Price
$925,000
Premium/Discount to List
-$270,000
-22.59%
Current Estimated Value
$2,072,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,147,881
Avg. Annual Appreciation
6.57%
Original Mortgage
$716,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2000
Sold by
Tudor John D and Tudor Dianne S
Bought by
Tudor John D and Tudor Dianne S

Purchase Details

Closed on
Jan 27, 1998
Sold by
Cesare Farace
Bought by
Tudor John D and Tudor Dianne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.61%

Purchase Details

Closed on
Aug 23, 1995
Sold by
Farace Cesare and Farace Carmela
Bought by
Farace Cesare and Farace Carmela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.62%

Purchase Details

Closed on
Oct 5, 1993
Sold by
Farace Cesare and Farace Carmela
Bought by
Farace Cesare and Farace Carmela

Purchase Details

Closed on
Dec 8, 1986

Purchase Details

Closed on
Sep 8, 1986

Purchase Details

Closed on
Jan 31, 1986
Source: Public Records

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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
Zhu Qun $925,000 Lawyers Title
Tudor John D -- --
Tudor John D $755,000 First American Title
Farace Cesare -- American Title Ins Co
Farace Cesare -- --
-- $86,000 --
-- $85,000 --
-- $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Qun $548,250
Closed Chu Qun $575,000
Closed Zhu Qun $580,000
Closed Zhu Qun $600,000
Closed Zhu Qun $716,000
Previous Owner Tudor John D $700,000
Previous Owner Tudor John D $500,000
Previous Owner Tudor John D $250,000
Previous Owner Farace Cesare $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2012 10/12/12 Sold $925,000 -5.6% $186 / Sq Ft
08/25/2012 08/25/12 Pending -- -- --
08/18/2012 08/18/12 Price Changed $980,000 -18.0% $197 / Sq Ft
05/26/2012 05/26/12 For Sale $1,195,000 -- $240 / Sq Ft
Source: San Diego MLS

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
2024 $12,525 $1,116,724 $443,728 $672,996
2023 $12,258 $1,094,828 $435,028 $659,800
2022 $12,052 $1,073,362 $426,499 $646,863
2021 $11,893 $1,052,317 $418,137 $634,180
2020 $11,732 $1,041,528 $413,850 $627,678
2019 $11,425 $1,021,107 $405,736 $615,371
2018 $11,101 $1,001,086 $397,781 $603,305
2017 $83 $981,458 $389,982 $591,476
2016 $10,581 $962,215 $382,336 $579,879
2015 $10,422 $947,762 $376,593 $571,169
2014 $10,173 $929,198 $369,217 $559,981
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 120027071

San Diego MLS

APN: 274-871-15