NOT LISTED FOR SALE

1559 Zutano Ln Fallbrook, CA 92028

Estimated Value: $1,066,000 - $1,313,000

3 Beds
3.5 Baths
2,965 Sq Ft
$392/Sq Ft Est. Value

Last Sold June 19, 2012

Last sale price $660,000 $223 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $6,795/month

116 Days on Market

Highlights

  • Home Theater
  • Deck
  • Spanish Architecture
  • Panoramic View
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of June 2012

A BIT OF TUSCANY OVERLOOKING THE FALLBROOK HILLS! THIS INCREDIBLE CUSTOM HOME BOASTS STONEWORK THROUGHOUT, HARDWOOD FLOORING, FRENCH DOORS OPENING ONTO DECKS. EACH BEDROOM OFFERS IT'S OWN BATHROOM. THE MASTER BATH IS AMAZING - 2 WALK IN CLOSETS. THE KITCHEN IS INCREDIBLE WITH UNIQUE GRANITE COUNTERS, HIGH END SS APPLS, GENEROUSLY SIZE ISLAND AND AN EAT IN AREA. THERE IS A STONE FIREPLACE IN THE FAMILY ROOM, ALONG WITH A BUILT IN BAR. THE MEDIA ROOM OFFERS THE PERFECT SPOT FOR ENJOYING A MOVIE. [Supplement]: THIS PROPERTY IS GATED AND HAS A SECURITY SYSTEM. THE DECKS AND SIDE YARD ARE THE PERFECT SPOT FOR ENTERTAINING WITH AN OUTDOOR KITCHEN AND FIREPLACE. WHAT A GREAT SPOT FOR ENJOYING THE OUTSTANDING VIEWS OF THE FALLBROOK HILLS. THE THREE CAR GARAGE HAS AN ADDITIONAL WORKSHOP. HOME IS LOCATED ON A QUIET CUL DE SAC IN ONE OF FALLBROOK'S NICEST NEIGHBORHOODS.

Last Agent to Sell the Property

Rudy Gallegos

RE/MAX Connections License #01493156 Listed on: 01/25/2012

RE/MAX Connections

Last Buyer's Agent

Eugene Gelphman

Heritage Realty License #00404677

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 2.97 Acre Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Steep Slope
  • Sprinklers on Timer

Parking

  • 3 Car Attached Garage
  • 6 Open Parking Spaces
  • Attached Carport
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Automatic Gate

Property Views

  • Panoramic
  • Canyon

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Fire Rated Drywall
  • Concrete Roof
  • Stone Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 2,965 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Family Room
  • Home Theater
  • Fire Sprinkler System

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Propane Dryer Hookup

Outdoor Features

  • Deck
  • Slab Porch or Patio
  • Fire Pit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1057610500

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Security: Automatic Gate, Fire Sprinkler System
  • Subdivision Name Other: FALLBROOK
  • View: Yes
  • Architectural Style: Mediterranean, Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1057610500
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2965.00 Square Feet
  • Stories: 1
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook
  • Fireplace Features: Fire Pit
  • Levels: One
  • Price Per Square Foot: 222.60
  • Room Type: Family Room, Media Room

Exterior Features

  • Patio: Yes
  • View: Canyon, Panoramic
  • Fence: Yes
  • Fencing: Partial
  • Patio And Porch Features: Deck, Slab
  • Pool Private: No
  • Roof: Concrete, Stone
  • Construction Materials: Drywall Walls, Stone, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Attached Carport, Driveway, Garage Door Opener
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 6.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Propane Water Heater, Refrigerator
  • Heating Type: Forced Air, Propane
  • Laundry Features: Individual Room, Propane Dryer Hookup
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Gentle Sloping, Sprinklers Timer, Steep Slope
  • Lot Size Sq Ft: 129373.20
  • Lot Size Acres: 2.9700

Multi Family

  • Lot Size Area: 2.9700 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2012
Closed on
Jun 11, 2012
Sold by
Lee Ken C and Lee Hyang R
Bought by
Lee Ken Chung and Lee Hyang Ran
Seller's Agent
Rudy Gallegos
RE/MAX Connections
Buyer's Agent
Eugene Gelphman
Heritage Realty
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%
Current Estimated Value
$1,162,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$502,248
Avg. Annual Appreciation
4.26%
Original Mortgage
$400,000
Outstanding Balance
$275,706
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$886,542

Purchase Details

Listed on
Jan 25, 2012
Closed on
May 9, 2012
Sold by
Gipner James F and Gipner Georgie A
Bought by
Lee Ken C and Lee Hyang R
Seller's Agent
Rudy Gallegos
RE/MAX Connections
Buyer's Agent
Eugene Gelphman
Heritage Realty
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$275,706
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$886,542

Purchase Details

Closed on
Mar 8, 2002
Sold by
742801 Alberta Ltd
Bought by
Gipner James F and Gipner Georgie A

Purchase Details

Closed on
Jun 5, 1997
Sold by
Vaughn Eugene H and Vaughn Georgie A
Bought by
742801 Alberta Ltd

Purchase Details

Closed on
Apr 13, 1989

Purchase Details

Closed on
Nov 13, 1986
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee Ken Chung -- Fidelity Natl Title Ins Co
Lee Ken C $660,000 Fidelity Natl Title Ins Co
Gipner James F $198,000 First American Title
742801 Alberta Ltd $150,000 Old Republic Title Company
-- $145,000 --
-- $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Ken C $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2012 06/19/12 Sold $660,000 -5.6% $223 / Sq Ft
05/20/2012 05/20/12 Pending -- -- --
01/25/2012 01/25/12 For Sale $699,000 -- $236 / 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 $8,681 $828,984 $351,689 $477,295
2024 $8,681 $812,731 $344,794 $467,937
2023 $8,446 $796,796 $338,034 $458,762
2022 $8,448 $781,173 $331,406 $449,767
2021 $8,169 $765,857 $324,908 $440,949
2020 $8,235 $758,005 $321,577 $436,428
2019 $8,074 $743,143 $315,272 $427,871
2018 $7,952 $728,573 $309,091 $419,482
2017 $7,795 $714,288 $303,031 $411,257
2016 $7,602 $700,284 $297,090 $403,194
2015 $7,474 $689,766 $292,628 $397,138
2014 $7,347 $676,255 $286,896 $389,359
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 120004707

California Regional Multiple Listing Service (CRMLS)

APN: 105-761-05