NOT LISTED FOR SALE

1709 Monserate Way Fallbrook, CA 92028

Estimated Value: $1,353,000 - $1,530,000

5 Beds
3 Baths
3,481 Sq Ft
$408/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $1,125,000 $323 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $8,563/month

54 Days on Market

Highlights

  • Projection Room
  • Two Primary Bedrooms
  • 3.17 Acre Lot
  • La Paloma Elementary School Rated 9+
  • View of Trees or Woods
  • Main Floor Primary Bedroom

About This Home

As of November 2022

Private and Upscale Fallbrook Gated Estate Home with 3,481 sqft. on 3.17 acres! Panoramic views, gorgeous sunsets, ocean breezes, top of the street private cul-de sac location and sweet tranquility await your enjoyment! This home can be easily used as 2 separate homes off a common formal entry. 3 full bedrooms and 2 full bathrooms on the main level! 2 full kitchens! Soaring ceilings, a wood burning fireplace, custom arched windows, custom leaded glass windows as well as solid wood and satillo tile flooring throughout create an authentic style along with custom touches you will discover at every turn! Granite countertops, travertine backsplashes with inlaid mosaics and stainless steel applicances complement the design. Top of the hill location with a paved circular driveway that flows around the entire property, an oversized garage, a carport and lots of extra parking spaces for guests. Low maintenance landscaping that is beautifully appointed with surrounding succulent gardens and mature trees, a fountain and multiple fruit trees. In addition, a 48-panel PAID solar system takes care of the electric, as the whole house runs on electric power. Multiple decks, patio areas and a spa! No HOA, low taxes and a convenient location to HWY 76 and I-15/I-5. Located in an area of other gorgeous estate homes, you do not want to miss this opportunity to enjoy your own custom estate in Fallbrook! This can easily be rented as 1 or 2 Air BnB units, or live on one side, rent the other! Great for multigenerational families too!

Last Agent to Sell the Property

Sharon Robinson

Compass License #01384726 Listed on: 08/26/2022

Compass

Co-Listed By

Suzie Hoover

Compass License #01882681

Last Buyer's Agent

Jennie Sullivan

Compass License #01825678

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,381

Year Built

  • Built in 1991

Lot Details

  • 3.17 Acre Lot
  • Property is zoned R-1:SINGLE FAM-RES

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 3,481 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Projection Room
  • Home Office
  • Views of Woods

Kitchen

  • Walk-In Pantry
  • Electric Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • 220 Volts In Laundry
  • Washer and Electric Dryer Hookup

Utilities

  • Central Air
  • No Heating
  • 220 Volts For Spa
  • Electric Water Heater
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 1234806500

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,381

Year Built

Built in 1991

Lot Details

0

Parking

3

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: 1234806500
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3481.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 323.18
  • Room Type: Entry, Family Room, Formal Entry, Great Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Office, Projection, Two Masters, Walk-In Closet, Walk-In Pantry

Exterior Features

  • View: Trees/Woods
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Electric Range, Electric Cooktop, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Heater
  • Electric: 220 Volts For Spa, 220 Volts in Laundry
  • Laundry Features: Electric Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Fallbrook Union

Lot Info

  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 138085.20
  • Lot Size Acres: 3.1700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3.1700 Acres
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: PM1129

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2023
Sold by
Peram Moses and Peram Radha A
Bought by
Moses And Radha Peram Trust
Current Estimated Value
$1,420,490

Purchase Details

Listed on
Aug 26, 2022
Closed on
Oct 24, 2022
Sold by
Madore Michelle L
Bought by
Peram Moses and Peram Radha A
Seller's Agent
Sharon Robinson
Compass
Buyer's Agent
Jennie Sullivan
Compass
List Price
$1,348,747
Sold Price
$1,125,000
Premium/Discount to List
-$223,747
-16.59%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%
Original Mortgage
$900,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 20, 2019
Closed on
Dec 23, 2019
Sold by
Halpin Douglas John and Halpin Massayo
Bought by
Madore Michelle L
Seller's Agent
Renee Sousa
Allison James Estates & Homes
Buyer's Agent
Steven Vanni
Allison James Estates & Homes
List Price
$869,900
Sold Price
$810,000
Premium/Discount to List
-$59,900
-6.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.26%
Original Mortgage
$450,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 20, 2019
Closed on
Dec 18, 2019
Sold by
Piccola Scott A
Bought by
Madore Michelle L
Seller's Agent
Renee Sousa
Allison James Estates & Homes
Buyer's Agent
Steven Vanni
Allison James Estates & Homes
List Price
$869,900
Sold Price
$810,000
Premium/Discount to List
-$59,900
-6.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2013
Closed on
Sep 9, 2013
Sold by
Norman Richard C and Norman Yolanda M
Bought by
Halpin Douglas John and Halpin Masayo
Seller's Agent
Lorene Johnson
North San Diego County Association of REALTORS(r)
Buyer's Agent
Renee Sousa
Allison James Estates & Homes
List Price
$685,000
Sold Price
$685,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.70%
Original Mortgage
$530,000
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2003
Sold by
Norman Richard C and Norman Yolanda M
Bought by
Norman Richard C and Norman Yolanda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,800
Interest Rate
5.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 15, 1999
Sold by
Norman Richard C and Norman Yolanda M
Bought by
Norman Richard C and Norman Yolanda M

Purchase Details

Closed on
Feb 23, 1988
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
Moses And Radha Peram Trust -- None Listed On Document
Peram Moses $1,125,000 Ticor Title
Madore Michelle L $810,000 Ticor Title Ins Co Sd Branch
Madore Michelle L -- Ticor Title San Diego Branch
Halpin Douglas John $685,000 Lawyers Title Insurance Co
Norman Richard C -- Chicago Title Co
Norman Richard C -- Chicago Title Co
Norman Richard C -- --
-- $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peram Moses $900,000
Previous Owner Madore Michelle L $450,000
Previous Owner Halpin Douglas John $530,000
Previous Owner Norman Richard C $267,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $1,125,000 -6.2% $323 / Sq Ft
10/20/2022 10/20/22 Pending -- -- --
10/13/2022 10/13/22 Price Changed $1,198,747 -4.0% $344 / Sq Ft
09/11/2022 09/11/22 Price Changed $1,248,747 -7.4% $359 / Sq Ft
08/26/2022 08/26/22 For Sale $1,348,747 +66.5% $387 / Sq Ft
01/15/2020 01/15/20 Sold $810,000 -6.9% $233 / Sq Ft
12/12/2019 12/12/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $869,900 +27.0% $250 / Sq Ft
10/07/2013 10/07/13 Sold $685,000 0.0% $197 / Sq Ft
09/05/2013 09/05/13 Pending -- -- --
07/01/2013 07/01/13 For Sale $685,000 -- $197 / 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 $12,381 $1,170,450 $702,270 $468,180
2024 $12,381 $1,147,500 $688,500 $459,000
2023 $11,993 $1,125,000 $675,000 $450,000
2022 $9,109 $834,758 $365,588 $469,170
2021 $8,803 $818,391 $358,420 $459,971
2020 $8,415 $767,809 $336,267 $431,542
2019 $8,249 $752,755 $329,674 $423,081
2018 $8,126 $737,996 $323,210 $414,786
2017 $7,968 $723,526 $316,873 $406,653
2016 $7,771 $709,340 $310,660 $398,680
2015 $7,649 $698,686 $305,994 $392,692
2014 $7,505 $685,000 $300,000 $385,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2208932

California Regional Multiple Listing Service (CRMLS)

APN: 123-480-65