NOT LISTED FOR SALE

Estimated Value: $3,621,000 - $5,079,000

4 Beds
4.5 Baths
4,429 Sq Ft
$949/Sq Ft Est. Value

Last Sold July 23, 2014

Last sale price $2,275,000 $514 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $25,331/month

66 Days on Market

Highlights

  • In Ground Pool
  • Home Office
  • Laundry Room
  • Willow Grove Elementary School Rated A+
  • Fireplace in Patio
  • Formal Entry

About This Home

As of July 2014

Magical single level estate within the guard gated neighborhood of Fairbanks Highland Estates. Beautiful canyon views. Home was featured in Home and Garden magazine for its meticulous & colorful succulent artistry landscape. Custom Lanai w/ full kitchen, fireplace, TV,& living room. Custom upgrades, 4 bdr 4.5 bth. With custom home office/library. Custom folding glass door wall opens to outdoor resort living. Vanishing edge pool & spa with cascading rock waterfall. Buyer to verify all B4COE include sqft. Located within the coveted guard gated Fairbanks Highlands Estates neighborhood. This single family estate boasts 4 bedrooms, 4.5 baths with a home office/library. Formal separate living and dining room with 2 fireplaces, gourmet kitchen opens to family room. Custom folding glass door wall opens to outdoor resort style living. Breathtaking sunset skies overlooking a protected open canyon. Custom Lanai has a full kitchen, LINX BBQ, granite counter tops, carpeted living room with fireplace and T.V. Vanishing edge resort style pool & spa. Gallery hallways with French doors that open to the indoor outdoor living. Custom castle pattern stone flooring and designer carpets. Additionally the home offers solar generated electricity, an insta hot and cold water system. The custom gourmet kitchen offers a compactor and a custom 48" built in refrig/freezer. Custom circular driveway and portico, 3 car over sized garages. Excellent location close to beaches, shopping, freeways, world renowned schools, universities and hospitals. Dining Room Chandelier does not convey. Select succulent plants from yard do not convey.. Neighborhoods: FAIRBANKS HIGHLANDS Equipment: Fire Sprinklers,Pool/Spa/Equipment, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL

Last Agent to Sell the Property

Donna Medrea

Pacific Sotheby's Int'l Realty License #00922764 Listed on: 04/07/2014

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Katie Hawkes

Pacific Sotheby's International Realty License #01104448

Pacific Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,824

Year Built

  • Built in 2001

Lot Details

  • 1.05

HOA Fees

  • $455 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Concrete Roof
  • Stucco

Interior Spaces

  • 4,429 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Office
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Fireplace in Patio
  • 1.05 Acre Lot

Community Details

  • Fairbanks Highlands HOA, Phone Number (619) 291-6300

Listing and Financial Details

  • Tax Lot 14110CaminitoVistana92130
  • Assessor Parcel Number 3062410300

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,824

Year Built

Built in 2001

Lot Details

0

HOA Fees

$455 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Carmel Valley
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 3062410300
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4429.00
  • Stories: 1
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Fireplace Features: Dining Room, Family Room, Living Room, Patio
  • Levels: One
  • Price Per Square Foot: 513.66
  • Room Type: Family Room, Formal Entry, Main Floor Master Bedroom, Office
  • Spa Features: In Ground

Exterior Features

  • Pool Features: In Ground
  • Pool Private: No
  • Roof: Concrete
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Heating Type: Natural Gas, Forced Air
  • Laundry Features: Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 455.00
  • Association Fee Frequency: Monthly
  • Association Name: FAIRBANKS HIGHLANDS HOA
  • Phone: 619.291.6300

Lot Info

  • Lot Size Sq Ft: 45738.00
  • Lot Size Acres: 1.0500

Multi Family

  • Lot Size Area: 45738.0000 Square Feet

Tax Info

  • Tax Lot: 14110CaminitoVistana92130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2016
Sold by
Smith Scott G and Smith Angela M
Bought by
Smith Scott G and Smith Angela M
Current Estimated Value
$4,043,964

Purchase Details

Listed on
Apr 7, 2014
Closed on
Jun 16, 2014
Sold by
Schaer Herbert and Schaer Carolyn
Bought by
Smith Scott G and Smith Angela M
Seller's Agent
Donna Medrea
Pacific Sotheby's Int'l Realty
Buyer's Agent
Katie Hawkes
Pacific Sotheby's International Realty
List Price
$2,275,000
Sold Price
$2,275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%
Original Mortgage
$1,275,000
Outstanding Balance
$925,189
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,209,392

Purchase Details

Closed on
Jun 30, 2011
Sold by
Schaer Herbert and Schaer Carolyn
Bought by
Schaer Herbert and Schaer Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2001
Sold by
Fairbanks Highlands Llc
Bought by
Schaer Herbert and Schaer Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.75%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smith Scott G -- None Available
Smith Scott G $2,275,000 Equity Title Company
Schaer Herbert -- Cltic Sd Lawyers Title Divis
Schaer Herbert -- Cltic Sd Lawyers Title Divis
Schaer Herbert $1,428,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Scott G $1,275,000
Previous Owner Schaer Herbert $640,000
Previous Owner Schaer Herbert $675,000
Previous Owner Schaer Herbert $687,000
Previous Owner Schaer Herbert $500,000
Previous Owner Schaer Herbert $697,000
Previous Owner Schaer Herbert $1,100,000
Previous Owner Schaer Herbert $1,100,000
Previous Owner Schaer Herbert $1,100,000
Previous Owner Schaer Herbert $1,100,000
Previous Owner Schaer Herbert $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2014 07/23/14 Sold $2,275,000 0.0% $514 / Sq Ft
06/12/2014 06/12/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $2,275,000 -- $514 / 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 $32,824 $2,768,335 $931,430 $1,836,905
2024 $32,824 $2,714,055 $913,167 $1,800,888
2023 $32,234 $2,660,839 $895,262 $1,765,577
2022 $31,743 $2,608,666 $877,708 $1,730,958
2021 $31,095 $2,557,517 $860,499 $1,697,018
2020 $30,885 $2,531,294 $851,676 $1,679,618
2019 $30,350 $2,481,662 $834,977 $1,646,685
2018 $29,906 $2,433,003 $818,605 $1,614,398
2017 $29,154 $2,355,886 $802,554 $1,553,332
2016 $28,483 $2,309,693 $786,818 $1,522,875
2015 $28,212 $2,275,000 $775,000 $1,500,000
2014 $23,413 $1,775,000 $421,000 $1,354,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 140018201

California Regional Multiple Listing Service (CRMLS)

APN: 306-241-03