NOT LISTED FOR SALE

2233 Gracey Ln Fallbrook, CA 92028

Estimated Value: $1,172,024 - $1,666,000

4 Beds
3 Baths
3,536 Sq Ft
$403/Sq Ft Est. Value

Last Sold July 12, 2012

Last sale price $500,000 $141 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $8,010/month

Highlights

  • Parking available for a boat
  • Stables
  • Primary Bedroom Suite
  • La Paloma Elementary School Rated 9+
  • Heated In Ground Pool
  • Panoramic View

About This Home

As of February 2014

SECLUDED RANCH HOME IN FALLBROOK ON 1.3 ACRES.MODERN SINGLE STORY WITH 4 BR + 3 BATH + GREAT ROOM LEADING TO POOL AND SPA.IN GROUND POOL HAS SECURITY FENCE AND FEATURES A WATERFALL WITH HEATED SPA.MANY AMENITIES INSIDE AND OUT INCLUDING
R.V AND BOAT PARKING.CONCRETE DRIVEWAY LEADS TO 3 CAR GARAGE AND PARKING FOR 8 CARS + BOAT AND LARGE R.V.OWNER SAYS ONE HORSE IS OK.
AVAILABLE NOW,SEE REMARKS FOR SHOWING.

Last Agent to Rent the Property

Richard Grace

Express Realty License #01158506 Listed on: 01/21/2014

Last Renter's Agent

Richard Grace

Express Realty License #01158506 Listed on: 01/21/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 1.39 Acre Lot
  • Rural Setting
  • Northeast Facing Home
  • Privacy Fence
  • Brick Fence
  • Fence is in excellent condition
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Direct Access Garage
  • Carport
  • Parking Available
  • Circular Driveway
  • Parking available for a boat
  • RV Access or Parking

Property Views

  • Panoramic
  • Canyon
  • Orchard Views
  • Mountain
  • Hills
  • Meadow
  • Park or Greenbelt

Home Design

  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,536 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Panel Doors
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Six Burner Stove
  • Built-In Range
  • Recirculated Exhaust Fan
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Dressing Area
  • 3 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Gunite Spa
  • Waterfall Pool Feature
  • Fence Around Pool
  • Pool Heated With Propane
  • Pool Tile

Outdoor Features

  • Exterior Lighting
  • Shed
  • Outbuilding
  • Rain Gutters

Horse Facilities and Amenities

  • Horse Property Unimproved
  • Stables

Utilities

  • Forced Air Heating and Cooling System
  • Propane Water Heater
  • Conventional Septic
  • Satellite Dish

Listing and Financial Details

  • Security Deposit $3,250
  • Rent includes gardener, pool
  • 12-Month Minimum Lease Term
  • Tax Lot 42
  • Assessor Parcel Number 1071204200

Community Details

Overview

  • No Home Owners Association
  • Foothills
  • Mountainous Community

Amenities

  • Service Entrance

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Parking

3

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 400
  • Deposit Security: 3250
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Smoke Detector(s), Security System
  • Subdivision Name Other: FALLBROOK RANCH
  • View: Yes
  • Architectural Style: Ranch
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 1071204200
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3536.00
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceramic Counters, Ceiling Fan(s), Pantry, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, French Doors, Panel Doors, Service Entrance, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 0.90
  • Room Type: Bonus Room, Den, Dressing Area, Family Room, Formal Entry, Living Room, Master Suite
  • Spa Features: Gunite, Heated, In Ground
  • Window Features: Blinds, Double Pane Windows, Screens

Exterior Features

  • Direction Faces: Northeast
  • Foundation: Slab
  • Other Structures: Outbuilding, Storage, Shed(s)
  • Exterior Features: Lighting, Rain Gutters, Stable, Satellite Dish
  • View: Canyon, Hills, Meadow, Mountain(s), Orchard, Panoramic, Park/Greenbelt
  • Fence: Yes
  • Fencing: Brick, Privacy, Excellent Condition
  • Pool Features: Fenced, Gunite, Heated, Heated with Propane, In Ground, Private, Tile, Waterfall
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Boat, Circular Driveway, Carport, Concrete, Direct Garage Access, RV Access/Parking
  • Total Parking Spaces: 11.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Disposal, Microwave, Propane Range, Propane Cooktop, Propane Water Heater, Recirculated Exhaust Fan, Water Line to Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Horse Trails, Mountainous, Rural

Lot Info

  • Lot Features: 0-1 Unit/Acre, Horse Property Unimproved
  • Lot Size Sq Ft: 60548.00
  • Lot Size Acres: 1.3900

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 60548.0000 Square Feet
  • Management Co: EXPRESS REALTY
  • Management Co Phone: 951-600-2700
  • Rent Includes: Gardener, Pool

Tax Info

  • Tax Lot: 42
  • Tax Tract Number: B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2012
Closed on
Jun 12, 2012
Sold by
Us Bank Na
Bought by
Cox Dennis L and Cox Josephine
Seller's Agent
Jason Harper
Berkshire Hathaway HomeService
Buyer's Agent
Janine Hall
Hall In One Realty
List Price
$580,000
Sold Price
$500,000
Premium/Discount to List
-$80,000
-13.79%
Current Estimated Value
$1,425,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$925,506
Avg. Annual Appreciation
8.09%

Purchase Details

Closed on
Apr 3, 2012
Sold by
Scarbrough Wilson and Scarbrough Lorrie A
Bought by
U S Bank National Association

Purchase Details

Closed on
Mar 5, 2007
Sold by
Scarbrough Wilson and Scarbrough Lorrie A
Bought by
Scarbrough Ii Wilson C and Scarbrough Lorrie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$758,500
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2004
Sold by
Miller Leonord S and Miller Shirley L
Bought by
Scarbrough Ii Wilson C and Scarbrough Lorrie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
3.22%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 19, 2003
Sold by
Henning Marc and Henning Sharii L
Bought by
Miller Leonard S and Miller Shirley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 10, 1998
Sold by
Reich Jonathan and Moe Heather
Bought by
Henning Marc and Henning Shari L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
7.06%

Purchase Details

Closed on
Oct 23, 1997
Sold by
Windhorst Trust 09-25-91 and Gerrit
Bought by
Reich Jonathan and Moe Heather
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
Cox Dennis L $500,000 Landsafe Title
U S Bank National Association $562,050 Landsafe Title
Scarbrough Ii Wilson C -- Accommodation
Scarbrough Ii Wilson -- Alliance Title San Diego
Scarbrough Ii Wilson C $790,000 First American Title
Miller Leonard S $670,000 First American Title
Henning Marc $297,000 First American Title
Reich Jonathan $63,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scarbrough Ii Wilson $758,500
Previous Owner Scarbrough Ii Wilson C $632,000
Previous Owner Miller Leonard S $536,000
Previous Owner Henning Marc $227,000
Closed Henning Marc $41,200
Closed Scarbrough Ii Wilson C $79,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/21/2014 01/21/14 Rented $3,200 -1.5% --
01/21/2014 01/21/14 For Rent $3,250 0.0% --
07/12/2012 07/12/12 Sold $500,000 -13.8% $141 / Sq Ft View Prior Sale
06/12/2012 06/12/12 Pending -- -- --
04/20/2012 04/20/12 For Sale $580,000 -- $164 / 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 $6,490 $615,701 $215,493 $400,208
2024 $6,490 $603,629 $211,268 $392,361
2023 $6,304 $591,794 $207,126 $384,668
2022 $6,307 $580,191 $203,065 $377,126
2021 $6,094 $568,816 $199,084 $369,732
2020 $6,142 $562,984 $197,043 $365,941
2019 $6,020 $551,946 $193,180 $358,766
2018 $5,929 $541,125 $189,393 $351,732
2017 $5,813 $530,516 $185,680 $344,836
2016 $5,669 $520,115 $182,040 $338,075
2015 $5,579 $512,303 $179,306 $332,997
2014 $5,473 $502,269 $175,794 $326,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW14014452

California Regional Multiple Listing Service (CRMLS)

APN: 107-120-42