NOT LISTED FOR SALE

175 Lake Ridge Cir Fallbrook, CA 92028

Estimated Value: $1,726,030 - $1,795,000

5 Beds
4.5 Baths
4,465 Sq Ft
$394/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $1,575,000 $353 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $10,410/month

Highlights

  • Panoramic View
  • Clubhouse
  • Home Office
  • Community Lake
  • Fireplace in Primary Bedroom
  • 3 Car Attached Garage

About This Home

As of February 2024

Majestic "SINGLE LEVEL" Private Estate, known as the CENTERPIECE of Lake Ridge Estates by the neighbors, is positioned on 1.3 acres of Meticulously Maintained Park-Like Grounds. This Immaculate home is in the Exclusive Gated Community of Lake Ridge Estates and Showcases High Quality Craftsmanship at its finest...The very well thought out Floor Plan boasts an Impressive Entrance with Soaring Ceilings, Expansive Living areas & Large Bedrooms each with their own ensuite Bathrooms. The Primary Suite features a Custom Fireplace, Walk-in closet w/custom organizer system & Spacious Primary Bathroom with Roman Tub & Tiled Shower. The well-appointed Kitchen includes Custom Cabinetry, Granite Countertops, top of the line appliances w/ Sub-Zero Fridge and a Sizable Pantry. The Impressive Back Patio is Ideal for Entertaining and features Beautiful Flagstone pavers a Built-in BBQ & South/Westerly Views. You will be sure to appreciate the Pristinely kept 3 car Garage with epoxy flooring, an Abundance of storage as well as the Immense Circular driveway which can accommodate 15 or more cars. FEATURES/UPGRADES INCLUDE: *Owned Solar = No Electric Bill *Master Suite with Large walk-in closet w/custom built-ins *Exquisite Landscaping/Fully Usable 1.3 acre lot *Newer split system A/C *Large Laundry Rm. w/Cabinetry & Sink. *3 Fireplaces *Tumbled Travertine Throughout. *Expansive 3 car Garage w/epoxy flooring (equipped for electric car charging) *Vaulted Ceilings Throughout *Optional Theatre Rm. *South Westerly Views *Smart Home w/Google nest control panels in every room * Gated Community w/Clubhouse, 2 Ponds, nature preserve.

Last Agent to Sell the Property

Robert Adams

HomeSmart Realty West License #01912122 Listed on: 01/31/2024

HomeSmart Realty West

Co-Listed By

Linda Adams

HomeSmart Realty West License #01479087

Last Buyer's Agent

Richard Moriki

Move Home Realty License #01437529

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • 1.32 Acre Lot
  • Rural Setting
  • Garden
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned R-1:SINGLE FAM-RES

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Panoramic
  • Woods
  • Mountain
  • Hills
  • Valley
  • Neighborhood
  • Courtyard

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 4,465 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Office
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dressing Area

Utilities

  • Two cooling system units
  • Central Air
  • No Heating
  • Conventional Septic

Listing and Financial Details

  • Tax Tract Number 11355
  • Assessor Parcel Number 1213401500
  • $59 per year additional tax assessments

Community Details

Overview

  • Lake Ridge Estates HOA, Phone Number (760) 731-9044
  • Community Lake
  • Mountainous Community
  • Valley

Recreation

  • Park

Additional Features

  • Clubhouse
  • Controlled Access

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0

HOA Fees

$230 per month

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1213401500
  • Year Built: 1993
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4465.00
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Primary Bedroom
  • Levels: One
  • Price Per Square Foot: 352.74
  • Room Type: All Bedrooms Down, Dressing Area, Entry, Family Room, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Office, Walk-In Closet

Exterior Features

  • View: Courtyard, Hills, Mountain(s), Neighborhood, Panoramic, Trees/Woods, Valley
  • 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
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Controlled Access, Lake or Pond
  • Association Fee: 230.00
  • Association Fee Frequency: Monthly
  • Association Name: Lake Ridge Estates HOA
  • Phone: 760-731-9044
  • Senior Community: No
  • Community Features: Mountainous, Rural, Valley, Park

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Garden
  • Lot Size Sq Ft: 57499.20
  • Lot Size Acres: 1.3200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1.3200 Acres

Tax Info

  • Tax Tract Number: 011355
  • TaxOtherAnnualAssessmentAmount: 58.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2025
Sold by
Whelan Gregg and Whelan Wendy
Bought by
Gregg And Wendy Whelan Trust and Whelan
Current Estimated Value
$1,759,008

Purchase Details

Listed on
Jan 31, 2024
Closed on
Jan 22, 2024
Sold by
Gerald And Alice Caron Family Trust
Bought by
Whelan Gregg and Whelan Wendy
Seller's Agent
Robert Adams
HomeSmart Realty West
Buyer's Agent
Richard Moriki
Move Home Realty
List Price
$1,575,000
Sold Price
$1,575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%

Purchase Details

Listed on
May 17, 2020
Closed on
Aug 27, 2020
Sold by
Neja Paul H and Neja Family Trust
Bought by
Caron Gerald and Caron Alice
Seller's Agent
Julie Bernardi
HomeSmart Realty West
Buyer's Agent
Robert Adams
HomeSmart Realty West
List Price
$1,131,000
Sold Price
$1,090,000
Premium/Discount to List
-$41,000
-3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.26%
Original Mortgage
$340,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2016
Closed on
Jun 8, 2016
Sold by
Spagnuolo H Ray
Bought by
Neja Paul H
Seller's Agent
Jean Esop
Coldwell Banker Village Prop
Buyer's Agent
Julie Bernardi
HomeSmart Realty West
List Price
$938,000
Sold Price
$938,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%

Purchase Details

Closed on
Mar 8, 2015
Sold by
Spagnuolo H Ray and Spagnuolo Helen M
Bought by
H Ray & Helen Spagnuolo Revocable Trust

Purchase Details

Closed on
Jan 31, 2008
Sold by
Spagnuolo H Ray
Bought by
Spagnuolo H Ray and Spagnuolo Helen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$677,000
Interest Rate
5.75%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 23, 2004
Sold by
Spagnuolo H Ray and Spagnuolo Helen Marie
Bought by
Spagnuolo H Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$666,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 21, 2000
Sold by
Spagnuolo H Ray Nsns M
Bought by
Spagnuolo H Ray and Spagnuolo Helen Marie

Purchase Details

Closed on
Jul 13, 1988

Purchase Details

Closed on
Aug 12, 1987
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
Gregg And Wendy Whelan Trust -- None Listed On Document
Whelan Gregg $1,575,000 Fidelity National Title
Caron Gerald $1,090,000 California Title Company
Neja Paul H $939,000 California Title Company
H Ray & Helen Spagnuolo Revocable Trust -- None Available
Spagnuolo H Ray -- None Available
Spagnuolo H Ray -- First American Title Ins Co
Spagnuolo H Ray -- Chicago Title Co
Spagnuolo H Ray -- Lawyers Title
-- $95,000 --
-- $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caron Gerald $340,000
Previous Owner Spagnuolo H Ray $677,000
Previous Owner Spagnuolo H Ray $666,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/09/2024 02/09/24 Sold $1,575,000 0.0% $353 / Sq Ft
01/31/2024 01/31/24 For Sale $1,575,000 +44.5% $353 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
08/27/2020 08/27/20 Sold $1,090,000 -3.6% $244 / Sq Ft View Prior Sale
07/19/2020 07/19/20 Pending -- -- --
05/17/2020 05/17/20 For Sale $1,131,000 +20.6% $253 / Sq Ft
07/14/2016 07/14/16 Sold $938,000 0.0% $210 / Sq Ft View Prior Sale
06/06/2016 06/06/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $938,000 -- $210 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,328 $1,606,500 $841,500 $765,000
2024 $12,328 $1,156,716 $424,483 $732,233
2023 $11,956 $1,134,036 $416,160 $717,876
2022 $11,960 $1,111,800 $408,000 $703,800
2021 $11,560 $1,090,000 $400,000 $690,000
2020 $10,760 $996,259 $276,982 $719,277
2019 $10,547 $976,725 $271,551 $705,174
2018 $10,402 $957,575 $266,227 $691,348
2017 $10,258 $938,800 $261,007 $677,793
2016 $6,121 $567,962 $157,906 $410,056
2015 $6,016 $559,432 $155,535 $403,897
2014 $5,901 $548,475 $152,489 $395,986
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2400858

California Regional Multiple Listing Service (CRMLS)

APN: 121-340-15