NOT LISTED FOR SALE

2357 Gracey Ln Fallbrook, CA 92028

Estimated Value: $1,552,000 - $1,824,000

5 Beds
4.5 Baths
4,056 Sq Ft
$414/Sq Ft Est. Value

Last Sold February 08, 2023

Last sale price $1,575,000 $388 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $10,335/month

4 Days on Market

Highlights

  • Guest House
  • Golf Course Community
  • Wine Cellar
  • La Paloma Elementary School Rated 9+
  • Horse Property
  • 24-Hour Security

About This Home

As of February 2023

This Classic Estate is located on a private street fully gated and backs up to the Fallbrook Winery with gorgeous sunsets over the vines. With 4 beds, 3 1/2 baths in main house, plus an ADU (Guest House)one bedroom, 1 bath. has abundant character, this spacious and bright home creates the ideal setting for a family or the retired. Its high ceilings and spacious living spaces create a peaceful and serene environment that spills over into the charming backyard filled with beautiful mature orange, avocado and tangerine tree with a serene veranda with outdoor fireplace. With view of hills mountains and lights. The primary suite is on the first level with a patio,fountain and large walk in closet with built ins. The master bath has an extra large shower and soaking bath tub, all in Carrera marble and quarts. one other bedroom downstairs and two up with a full bath and walk in shower that is extra extra large with beautiful tile. View from every room in this gorgeous property. A bright chef's kitchen with quartz counter tops and custom cabinets faces the sunlit backyard and is next to a comfortable family room with fireplace. The grounds of this property are beyond words, all watered with auto sprinklers. Fully paid solar gives you a credit at year end on your electric bill.

Last Agent to Sell the Property

Pam Marie Thomas

Pam Marie Thomas, Broker License #01200782 Listed on: 01/13/2023

Pam Marie Thomas, Broker

Last Buyer's Agent

Kyle Stoner

Keller Williams Realty License #01839034

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,144

Year Built

  • Built in 1978 | Newly Remodeled

Lot Details

  • 1.84 Acre Lot
  • Lot Dimensions are 175 x 447 x 175 x 447
  • Rural Setting
  • Security Fence
  • Masonry wall
  • Wrought Iron Fence
  • Chain Link Fence
  • Wire Fence
  • Stucco Fence
  • Fence is in excellent condition
  • Drip System Landscaping
  • Secluded Lot
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Sprinklers Throughout Yard
  • Private Yard
  • Garden

Parking

  • 2 Car Attached Garage
  • 10 Open Parking Spaces
  • 1 Carport Space
  • Lot Sloped Down
  • Automatic Gate

Property Views

  • Panoramic
  • City Lights
  • Woods
  • Canyon
  • Pasture
  • Orchard Views
  • Mountain
  • Hills
  • Valley
  • Neighborhood
  • Courtyard
  • Rock

Home Design

  • Entry on the 1st floor
  • Fire Rated Drywall
  • Spanish Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,056 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Raised Hearth
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Insulated Windows
  • Tinted Windows
  • Custom Window Coverings
  • Blinds
  • Stained Glass
  • Casement Windows
  • Window Screens
  • Formal Entry
  • Wine Cellar
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Den with Fireplace
  • Workshop
  • Sun or Florida Room
  • Utility Room
  • Center Hall
  • Attic

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Walk-In Pantry
  • Quartz Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors
  • Utility Sink

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Retreat
  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • Quartz Bathroom Countertops
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Multiple Shower Heads
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Home Security System
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Firewall

Accessible Home Design

  • Halls are 48 inches wide or more
  • Doors swing in
  • Doors are 32 inches wide or more
  • Ramp on the main level
  • Entry Slope Less Than 1 Foot
  • Accessible Parking

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment

Outdoor Features

  • Horse Property
  • Deck
  • Covered Patio or Porch
  • Fireplace in Patio
  • Outdoor Fireplace
  • Terrace
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding
  • Rain Gutters

Additional Homes

  • Two Homes on a Lot
  • Guest House

Schools

  • Potter Middle School
  • Fallbrook High School

Utilities

  • Cooling System Powered By Gas
  • High Efficiency Air Conditioning
  • Zoned Heating and Cooling
  • No Heating
  • Underground Utilities
  • 220 Volts in Garage
  • 220 Volts in Kitchen
  • Propane
  • Engineered Septic
  • Conventional Septic
  • Cable TV Available

Listing and Financial Details

  • Tax Tract Number 188
  • Assessor Parcel Number 1071206200

Community Details

Overview

  • No Home Owners Association
  • Foothills
  • Mountainous Community
  • Property is near a ravine
  • Valley

Recreation

  • Golf Course Community
  • Community Pool
  • Park
  • Dog Park
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Security

  • 24-Hour Security
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,144

Year Built

Built in 1978 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Country Road
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Closed Circuit Camera(s), Fire and Smoke Detection System, Fire Rated Drywall, Firewall(s), Security Lights, Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: R-1
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1071206200
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4056.00 Square Feet
  • Stories: 2
  • Entry Location: Front of House
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl
  • Accessibility Features: 32 Inch Or More Wide Doors, 36 Inch Or More Wide Halls, 48 Inch Or More Wide Halls, Doors - Swing In, Entry Slope Less Than 1 Foot, Parking, Ramp - Main Level
  • Appliances: No
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Den, Outside, Patio, Raised Hearth, Wood Burning
  • Levels: One, Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 388.31
  • Room Type: Attic, Center Hall, Den, Dressing Area, Entry, Family Room, Formal Entry, Great Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Retreat, Separate Family Room, Sun, Utility Room, Walk-In Closet, Walk-In Pantry, Wine Cellar, Workshop
  • Window Features: Blinds, Casement Windows, Custom Covering, Double Pane Windows, Drapes, ENERGY STAR Qualified Windows, Insulated Windows, Low Emissivity Windows, Screens, Skylight(s), Stained Glass, Tinted Windows
  • Bathroom Features: Double Sinks In Bath(s), Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Linen Closet/Storage, Quartz Counters, Remodeled, Separate Tub And Shower, Soaking Tub, Stone Counters, Upgraded, Vanity Area, Walk-In Shower, Shower, Bathtub, Closet In Bathroom
  • Room Kitchen Features: Kitchen Open To Family Room, Pots & Pan Drawers, Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers, Utility Sink, Walk-In Pantry, Built-In Trash/Recycling

Exterior Features

  • Patio: Yes
  • Foundation: Concrete Perimeter
  • Other Structures: Guest House, Outbuilding, Shed(s), Workshop, Two On A Lot
  • View: Canyon, City Lights, Courtyard, Hills, Mountain(s), Neighborhood, Orchard, Panoramic, Pasture, Rocks, Trees/Woods, Valley
  • Fence: Yes
  • Fencing: Chain Link, Excellent Condition, Masonry, Security, Stucco Wall, Wire, Wrought Iron
  • Patio And Porch Features: Concrete, Covered, Deck, Patio, Porch, Front Porch, Rear Porch, Slab, Terrace, Tile, Wood
  • Pool Features: Community
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: No
  • Total Parking Spaces: 13.00
  • Uncovered Spaces: 10.00

Utilities

  • Utilities: Cable Available, Propane, Underground Utilities, Electricity Connected
  • Sprinklers: Yes
  • Heating: No
  • Laundry: Yes
  • Electric: 220 Volts in Garage, 220 Volts in Kitchen, 220 Volts in Laundry, Electricity - On Property
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Hookup, Washer Included, Gas Dryer Hookup
  • Sewer: Engineered Septic, Conventional Septic
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment, Gas, High Efficiency, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Golf, Gutters, Horse Trails, Mountainous, Ravine, Rural, Valley, Biking, Dog Park, Hiking, Park

Schools

  • School District: Fallbrook Union Elementary
  • Middle School: Potter
  • High School: Fallbrook
  • High School: Fallbrook
  • Middle Or Junior School: Potter
  • High School2: FALLBR

Lot Info

  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Sloped Down, Front Yard, Garden, Gentle Sloping, Horse Property, Landscaped, Lot Over 40000 Sqft, Rectangular Lot, Paved, Ranch, Rocks, Rolling Slope, Secluded, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Up Slope from Street, Yard
  • Lot Size: 175 X 447 x 175 x 447
  • Lot Size Sq Ft: 80150.40
  • Lot Size Acres: 1.8400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1.8400 Acres
  • Number Of Units In Community: 2

Tax Info

  • Tax Tract Number: 188.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Jan 19, 2023
Sold by
Thomas Trust
Bought by
Ely Kevin and Ely Jennifer
Seller's Agent
Pam Marie Thomas
Pam Marie Thomas, Broker
Buyer's Agent
Kyle Stoner
Keller Williams Realty
List Price
$1,650,000
Sold Price
$1,575,000
Premium/Discount to List
-$75,000
-4.55%
Views
29
Current Estimated Value
$1,679,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,842
Avg. Annual Appreciation
2.46%
Original Mortgage
$1,575,000
Outstanding Balance
$1,503,526
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$176,316

Purchase Details

Closed on
Nov 11, 2021
Sold by
Thomas Patrick A and Thomas Pam Marie
Bought by
Thomas Patrick A and Thomas Pam Marie

Purchase Details

Closed on
Apr 19, 2021
Sold by
K & S Trust
Bought by
K & S Trust

Purchase Details

Closed on
Aug 5, 2020
Sold by
K & S Trust
Bought by
Thomas Patrick A and Thomas Pam M

Purchase Details

Closed on
Jun 15, 2020
Sold by
Hoch Steven L and Mansfield Karen L
Bought by
Thomas Patrick and Thomas Pam

Purchase Details

Closed on
Mar 13, 2020
Sold by
Thomas Patrick and Thomas Pam M
Bought by
Thomas Patrick and Thomas Pam M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2019
Closed on
Apr 23, 2019
Sold by
The Peggy S Seay Trust
Bought by
Thomas Patrick and Thomas Pam M
Seller's Agent
Patrick Marelly
Compass
List Price
$749,000
Sold Price
$750,000
Premium/Discount to List
$1,000
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.45%
Original Mortgage
$450,000
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ely Kevin $1,575,000 California Title Company
Thomas Patrick A -- None Available
Thomas Patrick A -- None Available
K & S Trust -- California Title Company
Thomas Patrick A -- None Available
Thomas Patrick -- None Available
Thomas Patrick -- None Available
Thomas Patrick -- None Available
Thomas Patrick $721,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ely Kevin $1,575,000
Previous Owner Thomas Patrick $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2023 02/08/23 Sold $1,575,000 -4.5% $388 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
01/12/2023 01/12/23 For Sale $1,650,000 +120.0% $407 / Sq Ft
05/13/2019 05/13/19 Sold $750,000 +0.1% $217 / Sq Ft
05/08/2019 05/08/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $749,000 -- $217 / 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 $17,144 $1,638,630 $910,350 $728,280
2024 $17,144 $1,606,500 $892,500 $714,000
2023 $9,215 $872,264 $132,984 $739,280
2022 $9,217 $855,162 $130,377 $724,785
2021 $8,969 $838,294 $127,720 $710,574
2020 $7,947 $735,674 $126,411 $609,263
2019 $3,514 $318,917 $54,800 $264,117
2018 $3,385 $312,665 $53,726 $258,939
2017 $3,318 $306,535 $52,673 $253,862
2016 $3,234 $300,526 $51,641 $248,885
2015 $3,182 $296,013 $50,866 $245,147
2014 $3,121 $290,215 $49,870 $240,345
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2300326

California Regional Multiple Listing Service (CRMLS)

APN: 107-120-33