NOT LISTED FOR SALE

17231 de Montecillo Rancho Santa Fe, CA 92067

Estimated Value: $5,956,000 - $6,681,000

8 Beds
11 Baths
10,836 Sq Ft
$578/Sq Ft Est. Value

Last Sold August 23, 2012

Last sale price $2,750,000 $254 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $37,784/month

231 Days on Market

Highlights

  • Access To Lake
  • Wine Cellar
  • Two Primary Bedrooms
  • Solana Santa Fe Elementary School Rated A
  • In Ground Pool
  • Gated Community

About This Home

As of August 2012

Lowest Price per sf in Fairbanks Ranch Instant Equity! Style, elegance,& grace best describe this estate. 8 Bed/9.5ba, 3 story home situated lakefront in RSF's desirable Fairbanks Ranch. Reminiscent of Old European charm yet function for everyday living;elevator,spacious bedroom suites,wine cellar, guest quarters,2 laundry rooms, plenty of storage/parking. The master suite w/commanding views of the lake and is ever-so-spacious boasting a master bath w/all the luxuries you'd expect in a home so grand. [Supplement]: From the moment you enter, the charm of Europe welcomes you with two dramatic staircases. The main floor features a formal dining and living room, entertainment room, executive library/office, study, gourmet eat-in kitchen and spacious family room. Upstairs is the master suite, 4 spacious bedrooms suites and a laundry room. Downstairs you'll discover two bedroom suites an entertainment room, a wine cellar, 2nd laundry, plenty of storage and a guest quarters. The back yard is an entertainer's dream featuring an infinity edge pool, separate spa, built in bbq, fire pit and boat ramp. Fairbanks Ranch is a gated community of exclusive estates. With over 75 acres of park-like grounds and pristine amenities which include 24 hour security, a stocked lake with a clubhouse nestled on its shore, 5 tennis courts, 9-hole putting green, parks w/volleyball & basketball courts, and an equestrian center. Fairbanks is a distinctive home for select families.

Last Agent to Sell the Property

Talechia Principato

Canter Brokerage License #01730523 Listed on: 12/06/2011

Last Buyer's Agent

Karen Van Ness

eXp Realty of California, Inc. License #01354837

eXp Realty of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,713

Year Built

  • Built in 1994

Lot Details

  • 1.25 Acre Lot
  • River Front
  • Partially Fenced Property
  • Level Lot
  • Sprinklers on Timer

HOA Fees

  • $570 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Attached Carport
  • Parking Available
  • Garage Door Opener

Property Views

  • River
  • Lake

Home Design

  • Brick Exterior Construction
  • Tile Roof

Interior Spaces

  • 10,836 Sq Ft Home
  • 3-Story Property
  • Fireplace
  • Formal Entry
  • Wine Cellar
  • Great Room
  • Family Room
  • Home Office
  • Library
  • Bonus Room
  • Fire Sprinkler System

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Retreat
  • Double Master Bedroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Access To Lake
  • Covered Patio or Porch
  • Fireplace in Patio
  • Fire Pit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2691921700

Community Details

Overview

  • Ktb Association

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,713

Year Built

Built in 1994

Lot Details

0

HOA Fees

$570 per month

Parking

4

Listing Details

  • Property Attached: No
  • Security: Fire Sprinkler System, Gated Community, Guarded
  • Subdivision Name Other: RANCHO SANTA FE
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2691921700
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 10836.00 Square Feet
  • Stories: 3
  • Appliances: Yes
  • Full Bathrooms: 9
  • Full And Three Quarter Bathrooms: 9
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Eating Area: Breakfast Nook
  • Fireplace Features: Fire Pit, Patio
  • Levels: Three Or More
  • Price Per Square Foot: 253.78
  • Room Type: Bonus Room, Den, Family Room, Formal Entry, Great Room, Guest/Maid's Quarters, Library, Office, Retreat, Two Masters, Wine Cellar
  • Spa Features: In Ground, Private

Exterior Features

  • Patio: Yes
  • View: Lake, River
  • Fence: Yes
  • Fencing: Partial
  • Patio And Porch Features: Covered, Slab, Stone
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Attached Carport, Garage Door Opener
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Trash Compactor
  • Heating Type: Fireplace(s), Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Individual Room, Washer Included, Gas Dryer Hookup
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 570.00
  • Association Fee Frequency: Monthly
  • Association Name: KTB
  • Phone: 111-111-1111
  • Senior Community: No

Schools

  • School District: San Dieguito Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Sprinklers Timer
  • Lot Size Sq Ft: 54450.00
  • Lot Size Acres: 1.2500

Multi Family

  • Lot Size Area: 1.2500 Acres
  • Waterfront Features: Lake, River Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2011
Closed on
Aug 6, 2012
Sold by
Potter Kevin Grant and Potter Jeanette Anne
Bought by
Zou Qiuzhen and Tom Gimlai
Seller's Agent
Talechia Principato
Canter Brokerage
Buyer's Agent
Karen Van Ness
eXp Realty of California, Inc.
List Price
$3,499,000
Sold Price
$2,750,000
Premium/Discount to List
-$749,000
-21.41%
Current Estimated Value
$6,265,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,515,135
Avg. Annual Appreciation
6.52%
Original Mortgage
$1,787,500
Outstanding Balance
$1,459,774
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$4,805,361

Purchase Details

Closed on
May 21, 2010
Sold by
Potter Kevin Grant
Bought by
Potter Kevin Grant and Potter Jeanette Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,520,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2008
Sold by
Haskins Nena Jo and Haskins Deane
Bought by
Potter Kevin Grant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
6.07%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 25, 2003
Sold by
Morgan Thomas W and Morgan Susan J
Bought by
Haskins Deane and Haskins Nena Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,048,000
Interest Rate
5.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 7, 1988
Source: Public Records

Range of Values:

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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
Zou Qiuzhen $2,750,000 Fidelity National Title Comp
Potter Kevin Grant -- First American Title Company
Potter Kevin Grant -- First American Title Company
Haskins Deane $2,560,000 First American Title Co
-- $460,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zou Qiuzhen $1,787,500
Previous Owner Potter Kevin Grant $2,520,000
Previous Owner Potter Kevin Grant $2,600,000
Previous Owner Haskins Nena Jo $200,000
Previous Owner Haskins Deane $2,060,000
Previous Owner Haskins Deane $2,048,000
Previous Owner Morgan Thomas W $1,175,000
Previous Owner Morgan Thomas W $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2012 08/23/12 Sold $2,750,000 -21.4% $254 / Sq Ft
07/24/2012 07/24/12 Pending -- -- --
12/06/2011 12/06/11 For Sale $3,499,000 -- $323 / 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 $37,713 $3,386,419 $1,231,423 $2,154,996
2024 $37,713 $3,320,020 $1,207,278 $2,112,742
2023 $36,510 $3,254,922 $1,183,606 $2,071,316
2022 $35,616 $3,191,101 $1,160,399 $2,030,702
2021 $34,747 $3,128,532 $1,137,647 $1,990,885
2020 $34,459 $3,096,453 $1,125,982 $1,970,471
2019 $33,821 $3,035,739 $1,103,904 $1,931,835
2018 $33,227 $2,976,215 $1,082,259 $1,893,956
2017 $871 $2,917,859 $1,061,039 $1,856,820
2016 $30,932 $2,860,647 $1,040,235 $1,820,412
2015 $30,482 $2,817,678 $1,024,610 $1,793,068
2014 $29,875 $2,762,485 $1,004,540 $1,757,945
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 110065785

California Regional Multiple Listing Service (CRMLS)

APN: 269-192-17