NOT LISTED FOR SALE

2568 Caps Way Fallbrook, CA 92028

Estimated Value: $1,221,803 - $1,339,000

4 Beds
4 Baths
3,094 Sq Ft
$413/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $930,000 $301 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $7,124/month

4 Days on Market

Highlights

  • Panoramic View
  • Mediterranean Architecture
  • 2 Car Attached Garage
  • Fireplace in Primary Bedroom
  • Private Yard
  • Laundry Room

About This Home

As of December 2020

Gorgeous, custom built Mission style home that offers panoramic views of the Santa Margarita River Valley, the surrounding mountains and more! This special home offers a beautiful and tranquil setting, situated on an elevated lot with lots of fruit and avocado trees & ocean breezes throughout the year. The interior has been recently remodeled & features a gorgeous new kitchen & Butler’s pantry with white cabinetry, quartz countertops & stainless appliances; new laminate & stone flooring. There are three bedrooms and an office on the main living area and a bonus room and bath on the lower level. There is also a large Butler's pantry for those love to keep their kitchen clean when they are entertaining. This home was custom built and offers some very unique features: arched belfray at entry; front courtyard with decorative fountain, decorative arches; Spanish style fireplaces in both the living room and the master bedroom; stained glass windows; closet lighting that is activated upon opening the doors; a large kitchen pantry and more. This home has been meticulously cared for, shows beautifully, and is ready for the next owner to move right in!

Last Agent to Sell the Property

Courtney Koranda

Compass License #01441469 Listed on: 11/10/2020

Compass

Last Buyer's Agent

Joe Farrage

Real Broker License #01422155

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,209

Year Built

  • Built in 1995

Lot Details

  • 2.16 Acre Lot
  • Steep Slope
  • Sprinkler System
  • Private Yard

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Mediterranean Architecture
  • Clay Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 3,094 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Living Room with Fireplace
  • 2 Fireplaces
  • Panoramic Views

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Propane Dryer Hookup

Outdoor Features

  • Shed

Utilities

  • Separate Water Meter
  • Tankless Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 105-761-22-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,209

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Mediterranean/Spanish
  • Residential Styles: Detached
  • Market Area: North County
  • Cross Street: Macadamia
  • Neighborhood: Ridgecrest Estates
  • Supplement: There are three bedrooms and an office on the main living area and a bonus room and bath on the lower level. There is also a large Butler's pantry for those love to keep their kitchen clean when they are entertaining. This home was custom built and offers some very unique features: arched belfray at entry; front courtyard with decorative fountain, decorative arches; Spanish style fireplaces in both the living room and the master bedroom; stained glass windows; closet lighting that is activated upon opening the doors; a large kitchen pantry and more. This home has been meticulously cared for, shows beautifully, and is ready for the next owner to move right in!
  • Estimated Living Space: 3,000 to 3,999 SqFt
  • LP / Sq Ft: 290.56
  • Price Per Sq Ft: 300.58
  • SP/ Sq Ft: 300.58
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1995
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Laminate, Stone
  • Equipment Available: Dishwasher, Disposal, Microwave, Shed(s), Vacuum/Central, Built In Range
  • Fireplaces: 2
  • Fireplace: Fp In Living Room, Fp In Master Br
  • Walls: Drywall
  • Searchable Rooms: MBR Entry Level
  • Total Bedrooms: 4
  • Bedrooms: 3
  • Master Bedroom Dimensions: 15X16
  • Optional Bedrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 3094
  • Total Bathrooms: 4

Exterior Features

  • Exterior Material: Stucco, Wood
  • Roof: Tile/Clay
  • View: Panoramic
  • Exclusive Use Yard: Yes

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Garage Spaces: 4
  • Parking Spaces Total: 6

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Propane
  • Sewer/Septic: Septic Installed
  • Water: Meter on Property
  • Water Heater Type: Tankless
  • Heating: Forced Air Unit
  • Heating Fuel: Propane

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: FALLBROOK

Lot Info

  • Irrigation: Sprinklers
  • Lot Size: 2+ to 4 AC
  • Topography: Rolling, Slope Steep
  • Assessor Parcel Number: 105-761-22-00
  • Estimated Lot Sq Ft: 94089
  • Estimated Number of Acres: 2.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2020
Closed on
Nov 25, 2020
Sold by
Osborne Ronald E
Bought by
Casey Peter J and Smith Robbyn D
Seller's Agent
Courtney Koranda
Compass
Buyer's Agent
Joe Farrage
Real Broker
List Price
$899,000
Sold Price
$930,000
Premium/Discount to List
$31,000
3.45%
Current Estimated Value
$1,277,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,451
Avg. Annual Appreciation
7.21%
Original Mortgage
$465,000
Outstanding Balance
$414,941
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$881,978

Purchase Details

Listed on
Nov 24, 2016
Closed on
Feb 24, 2017
Sold by
West Samantha M
Bought by
Osborne Ronald E
Seller's Agent
Kim Carlson
Berkshire Hathaway HomeService
Buyer's Agent
Courtney Koranda
Compass
List Price
$720,000
Sold Price
$720,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.95%
Original Mortgage
$576,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 24, 2016
Closed on
Jan 27, 2017
Sold by
Smith Marilyn Fox
Bought by
Osborne Ronald E
Seller's Agent
Kim Carlson
Berkshire Hathaway HomeService
Buyer's Agent
Courtney Koranda
Compass
List Price
$720,000
Sold Price
$720,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2003
Sold by
Smith William Gerard and Smith Marilyn Fox
Bought by
Smith William Gerard and Smith Marilyn Fox

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,500
Interest Rate
4.59%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 14, 2001
Sold by
Smith William Gerard and Smith Marilyn Fox
Bought by
Smith William Gerard and Smith Marilyn Fox

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.15%
Source: Public Records

Range of Values:

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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
Casey Peter J $930,000 Ticor Title
Osborne Ronald E -- Ticor Title San Diego
Osborne Ronald E $720,000 Ticor Title San Diego
Smith William Gerard -- Multiple
Smith William Gerard -- Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casey Peter J $465,000
Previous Owner Osborne Ronald E $576,000
Previous Owner Smith William Gerard $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $930,000 +3.4% $301 / Sq Ft
11/15/2020 11/15/20 Pending -- -- --
11/10/2020 11/10/20 For Sale $899,000 +24.9% $291 / Sq Ft
03/02/2017 03/02/17 Sold $720,000 0.0% $212 / Sq Ft
01/25/2017 01/25/17 Pending -- -- --
11/24/2016 11/24/16 For Sale $720,000 -- $212 / Sq Ft
Source: San Diego MLS

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 $4,209 $396,451 $88,010 $308,441
2024 $4,209 $388,679 $86,285 $302,394
2023 $4,104 $381,059 $84,594 $296,465
2022 $4,106 $373,588 $82,936 $290,652
2021 $3,974 $366,263 $81,310 $284,953
2020 $8,275 $764,067 $169,609 $594,458
2019 $8,113 $749,086 $166,284 $582,802
2018 $7,990 $734,399 $163,024 $571,375
2017 $750 $418,982 $93,007 $325,975
2016 $4,449 $410,768 $91,184 $319,584
2015 $4,372 $404,599 $89,815 $314,784
2014 $4,288 $396,674 $88,056 $308,618
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Courtney Koranda

    Compass

    Section Image
  • Joe Farrage

    Buyer's Agent in 2020

    Joe Farrage

    Real Broker

    (858) 245-4508

    52 Total Sales

    Joe Farrage
    Section Image

  • K

    Seller's Agent in 2017

    Kim Carlson

    Berkshire Hathaway HomeService

    Section Image
  • Ken Follis

    Seller Co-Listing Agent in 2017

    Ken Follis

    Compass

    (760) 803-6235

    121 Total Sales

    Ken Follis
    Section Image
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Map

Source: San Diego MLS

MLS Number: 200051198

San Diego MLS

APN: 105-761-22

California San Diego County Fallbrook 92028

2568 Caps Way, Fallbrook, CA

This home is located at 2568 Caps Way, Fallbrook, CA 92028 since 10 November 2020 and is currently estimated at $1,277,451, approximately $412 per square foot. This property was built in 1995. 2568 Caps Way is a home located in San Diego County with nearby schools including William H. Frazier Elementary School, James E. Potter Intermediate School, and Fallbrook High School.

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