NOT LISTED FOR SALE

Estimated Value: $5,197,148

1 Bed
1 Bath
900 Sq Ft
$5,775/Sq Ft Est. Value

Last Sold January 18, 2022

Last sale price $4,250,000 $4,722 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $31,346/month

67 Days on Market

Highlights

  • 4.98 Acre Lot
  • Main Floor Primary Bedroom
  • Breakfast Area or Nook
  • Olivenhain Pioneer Elementary Rated A
  • Private Yard
  • Partially Fenced Property

About This Home

As of January 2022

Representing just a portion of the original offering, this charming horse property sits on 5 coveted acres in Olivenhain and features a caretaker's cottage, 10-stall center aisle barn, and large arena with upgraded synthetic footing. New well with excellent production and plenty of space to expand the existing equestrian amenities.

Last Agent to Sell the Property

Eric Antman

Compass License #01906212 Listed on: 11/04/2021

Compass

Last Buyer's Agent

Caren Kelley

Compass License #01003787

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,795

Year Built

  • Built in 1972

Lot Details

  • 4.98 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Private Yard
  • Property is zoned R-1:SINGLE

Home Design

  • Composition Roof

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace

Kitchen

  • Breakfast Area or Nook
  • Electric Cooktop

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 15 Parking Spaces
  • Driveway
  • RV Potential

Utilities

  • Separate Water Meter
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 264-101-28-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,795

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Ranch
  • Residential Styles: Detached
  • Market Area: Coastal North
  • Cross Street: Fortuna Ranch Rd
  • Neighborhood: Olivenhain
  • Estimated Living Space: 500 to 999 SqFt
  • LP / Sq Ft: 4722.22
  • Price Per Sq Ft: 4722.22
  • SP/ Sq Ft: 4722.22
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1972
  • Allow Comments Review: No
  • Internet Address Field: No Address
  • Internet Syndication Y N: No
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Sub Flooring: Slab on Grade
  • Equipment Available: Refrigerator, Electric Cooking
  • Fireplaces: 1
  • Fireplace: Fp In Family Room
  • Searchable Rooms: Breakfast Area, Family Room, MBR Entry Level
  • Total Bedrooms: 1
  • Bedrooms: 1
  • Master Bedroom Dimensions: 10X11
  • Full Bathrooms: 1
  • Laundry Location: Area
  • Estimated Sq Ft: 900
  • Total Bathrooms: 1

Exterior Features

  • Exterior Material: Unknown
  • Fencing: Partial
  • Roof: Composition
  • Exclusive Use Yard: Yes

Garage/Parking

  • Parking for RV: Potential Space
  • Non Garage Parking: Driveway
  • Garage Spaces: 15
  • Parking Spaces Total: 15

Utilities

  • Laundry Utilities: Electric
  • Sewer/Septic: Septic Installed
  • Water: Meter on Property, Well on Property
  • Heating: Fireplace
  • Heating Fuel: Wood

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: OLIVENHAIN

Lot Info

  • Lot Size: 4+ to 10 AC
  • Topography: Level, Slope Gentle
  • Water District: OLIVENHAIN MUNICAL WATER DISTRI
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 264-101-28-00
  • Estimated Lot Sq Ft: 216928
  • Water District URL: http://www.olivenhain.com
  • Estimated Number of Acres: 4.98
  • Map Code Column: D
  • Map Code Page: 1148
  • Map Code Row: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Jan 8, 2022
Sold by
Delong Gregory K and Delong Evette W
Bought by
Heartstone Holding Llc
Seller's Agent
Eric Antman
Compass
Buyer's Agent
Caren Kelley
Compass
List Price
$12,495,000
Sold Price
$4,250,000
Premium/Discount to List
-$8,245,000
-65.99%
Current Estimated Value
$5,197,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$947,148
Avg. Annual Appreciation
4.40%

Purchase Details

Listed on
Jul 21, 2020
Closed on
Oct 8, 2020
Sold by
Heers Brett and Heers Lorraine
Bought by
Delong Gregory K and Delong Evette W
Seller's Agent
Caren Kelley
Compass
Buyer's Agent
Eric Antman
Compass
List Price
$3,300,000
Sold Price
$3,000,000
Premium/Discount to List
-$300,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.56%

Purchase Details

Closed on
Jun 16, 2008
Sold by
Pegasus Ponies Llc
Bought by
Heers Brett and Heers Lorraine

Purchase Details

Closed on
Apr 27, 2005
Sold by
Theodosakis Jeffrey J and Theodosakis Pamela
Bought by
Pegasus Ponies Llc

Purchase Details

Closed on
Oct 8, 2004
Sold by
Pearce Dana S and Youmans Ronette D
Bought by
Theodosakis Jeffrey J and Theodosakis Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2004
Sold by
Pearce Kimberly and Pearce Kimberly Shawn
Bought by
Pearce Kimberly S

Purchase Details

Closed on
Jan 15, 2004
Sold by
Pearce David B and Pearce David
Bought by
Pearce David B

Purchase Details

Closed on
Dec 29, 2003
Sold by
Pittman Jane Dorothea
Bought by
Pearce Lauren J
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
Heartstone Holding Llc $4,250,000 Orange Coast Title
Delong Gregory K $3,000,000 Orange Coast Title Company
Heers Brett -- First American Title Company
Pegasus Ponies Llc -- --
Theodosakis Jeffrey J $1,850,000 First American Title Co
Pearce Kimberly S -- --
Pearce David B -- --
Pearce Lauren J -- --
Pearce Kimberly -- --
Pearce Dana S -- --
Pearce David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Theodosakis Jeffrey J $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2022 01/18/22 Sold $4,250,000 0.0% $4,722 / Sq Ft
01/11/2022 01/11/22 Pending -- -- --
01/11/2022 01/11/22 Price Changed $4,250,000 0.0% $4,722 / Sq Ft
12/02/2021 12/02/21 Off Market $4,250,000 -- --
11/04/2021 11/04/21 For Sale $12,495,000 +316.5% $13,883 / Sq Ft
10/13/2020 10/13/20 Sold $3,000,000 -14.3% $3,333 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
08/16/2020 08/16/20 Price Changed $3,500,000 +6.1% $3,889 / Sq Ft
07/21/2020 07/21/20 For Sale $3,300,000 -- $3,667 / 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 $46,795 $4,484,123 $4,032,590 $451,533
2024 $46,795 $4,396,200 $3,953,520 $442,680
2023 $45,717 $4,310,000 $3,876,000 $434,000
2022 $32,520 $3,060,000 $2,856,000 $204,000
2021 $32,114 $3,000,000 $2,800,000 $200,000
2020 $18,870 $1,766,177 $1,648,433 $117,744
2019 $18,480 $1,731,547 $1,616,111 $115,436
2018 $18,114 $1,697,596 $1,584,423 $113,173
2017 $17,788 $1,664,310 $1,553,356 $110,954
2016 $13,327 $1,260,000 $1,176,000 $84,000
2015 $13,339 $1,260,000 $1,176,000 $84,000
2014 $13,339 $1,260,000 $1,176,000 $84,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210030565

San Diego MLS

APN: 264-101-28