NOT LISTED FOR SALE

40521 De Luz Murrieta Rd Fallbrook, CA 92028

Estimated Value: $1,425,946 - $2,999,000

2 Beds
2.5 Baths
3,296 Sq Ft
$671/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $1,462,500 $444 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $12,795/month

424 Days on Market

Highlights

  • Home Theater
  • Two Primary Bedrooms
  • Craftsman Architecture
  • RV Access or Parking
  • 58 Acre Lot
  • Mountain View

About This Home

As of October 2017

"STUNNING NEW PRICE TO MATCH THIS GORGEOUS HOME" Rare opportunity to own your own private Craftsman retreat on a 58 acre ranch with rolling hills of majestic Oak Trees and undisturbed natural beauty! Upon arriving down the long driveway past the country windmill, you will be taken immediately by the sprawling ranch style home with separate 10 car garage building surrounded by trees. Gorgeous wood floors welcome you home and into the open great room with soaring, vaulted and beamed ceilings. You will love entertaining as you prepare a meal in the gourmet kitchen which features a 6 burner gas Viking Range, black slate counter tops and a...n old fashioned icebox. The warmth of the family room, adorned with a natural stone accent wall, cozy fireplace and unique antler chandelier lighting will instantly put guests at ease. Share a meal with friends and family in the spacious dining area or open up the French doors to enjoy the serene setting on your large wood deck with endless views of the countryside. Bedrooms and bathrooms are immaculate with every luxury at your disposal. Built in office space makes a wonderful spot to get a little work done while the bonus room offers up endless possibilities for use. This spectacular home has it all- with the feeling of an upscale lodge. Welcome home!

Last Agent to Sell the Property

Cesi Pagano

Keller Williams Realty License #01043716 Listed on: 05/25/2016

Last Buyer's Agent

Maria Speed

Century 21 Affiliated License #01910399

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,046

Year Built

  • Built in 2008

Lot Details

  • 58 Acre Lot
  • Open Space
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Property is zoned AGRICULTUR

Parking

  • 10 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • RV Access or Parking

Property Views

  • Mountain
  • Park or Greenbelt

Home Design

  • Craftsman Architecture
  • Clay Roof

Interior Spaces

  • 3,296 Sq Ft Home
  • 1-Story Property
  • Awning
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Dining Area
  • Home Theater
  • Home Office
  • Bonus Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Security System Owned
  • Fire Sprinkler System

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outbuilding

Utilities

  • Separate Water Meter
  • Satellite Dish

Community Details

  • Mountainous Community

Listing and Financial Details

  • Assessor Parcel Number 101-272-03-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,046

Year Built

Built in 2008

Lot Details

0

Parking

10

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Craftsman/Bungalow
  • Residential Styles: Detached
  • Market Area: North County
  • Cross Street: N. Pico Ave. & Missioin Rd.
  • Neighborhood: Fallbrook
  • Supplement: You will love entertaining as you prepare a meal in the gourmet kitchen which features a 6 burner gas Viking Range, black slate counter tops and a...n old fashioned icebox. The warmth of the family room, adorned with a natural stone accent wall, cozy fireplace and unique antler chandelier lighting will instantly put guests at ease. Share a meal with friends and family in the spacious dining area or open up the French doors to enjoy the serene setting on your large wood deck with endless views of the countryside. Bedrooms and bathrooms are immaculate with every luxury at your disposal. Built in office space makes a wonderful spot to get a little work done while the bonus room offers up endless possibilities for use. This spectacular home has it all- with the feeling of an upscale lodge. Welcome home!
  • Estimated Living Space: 2,500 to 2,999 SqFt
  • LP / Sq Ft: 454.79
  • Miscellaneous: Horse Allowed, Livestock Allowed, Outbuilding
  • Price Per Sq Ft: 443.72
  • Residential Unit Location: No Unit Above or Below, Detached
  • SP/ Sq Ft: 443.72
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 2008
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Equipment Available: Dishwasher, Disposal, Fire Sprinklers, Garage Door Opener, Microwave, Range/Oven, Refrigerator, Satellite Dish, Trash Compactor
  • Fireplaces: 1
  • Fireplace: Fp In Family Room
  • Walls: Drywall
  • Searchable Rooms: Bedroom Entry Level, Bonus Room, Dining Area, Family Room, Formal Entry, Great Room, Master Bdrm 2, Media/Music, Office
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 19x20
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 3296
  • Total Bathrooms: 3

Exterior Features

  • Fencing: Partial
  • Frontage: Open Space
  • Patio: Awning/Porch Covered, Covered, Deck
  • Roof: Tile/Clay
  • View: Mountains/Hills, Parklike
  • Three or more Steps To Entry: Yes
  • Exclusive Use Yard: Yes
  • Frontage Dimensions in Feet: 2003

Garage/Parking

  • Parking for RV: On-Site Parking
  • Garage Details: Detached
  • Garage Spaces: 10
  • Non Garage Parking: Driveway
  • Garage Spaces: 1
  • Parking Spaces Total: 11

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Gas
  • Security: Eqpt Owned
  • Sewer/Septic: Sewer Available
  • Water: Meter on Property
  • Heating: Fireplace, Forced Air Unit
  • Heating Fuel: Electric, Wood
  • Telecommunications: Satellite Dish

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: FALLBROOK

Lot Info

  • Irrigation: Sprinklers
  • Lot Size: 20+ AC
  • Site: Public Street
  • Other Structures: Out Buildings
  • Topography: Level, Mountainous, Rolling, Slope Steep
  • Zoning: AGRICULTUR
  • Assessor Parcel Number: 101-272-03-00
  • Estimated Lot Sq Ft: 2326104
  • Estimated Number of Acres: 57.997

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2024
Sold by
Modarres Family Trust and Reza Mina-Araghi Revocable Trust
Bought by
Sinclair Family Trust and Sinclair
Current Estimated Value
$2,209,987

Purchase Details

Closed on
Jan 25, 2024
Sold by
Grand Oak Enterprises Llc
Bought by
Modarres Family Trust and Modarres

Purchase Details

Closed on
Jun 20, 2022
Sold by
Modarres Family Trust
Bought by
Grand Oak Enterprises Llc

Purchase Details

Closed on
Jul 5, 2019
Sold by
Modarres Kamy and Mina Araghi Mahdokht
Bought by
Modarres Kamy and Mina Araghi Mahdokht

Purchase Details

Listed on
May 25, 2016
Closed on
Oct 25, 2017
Sold by
Harmon R M
Bought by
Modarres Kamy and Mina Araghi Mahdokht
Seller's Agent
Cesi Pagano
Keller Williams Realty
Buyer's Agent
Maria Speed
Century 21 Affiliated
List Price
$1,899,000
Sold Price
$1,462,500
Premium/Discount to List
-$436,500
-22.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%
Original Mortgage
$1,096,875
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2013
Sold by
Harmon R M
Bought by
Harmon R M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,700
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2008
Sold by
Harmon Richard M
Bought by
Harmon R M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.88%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 24, 2003
Sold by
Noriega George and Noriega Anthony
Bought by
Harmon R M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
5.79%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Sinclair Family Trust $2,450,000 Stewart Title
Modarres Family Trust -- None Listed On Document
Grand Oak Enterprises Llc -- --
Modarres Kamy -- None Available
Modarres Kamy $1,462,500 First American Title Ins Co
Harmon R M -- Old Republic Title
Harmon R M -- Accommodation
Harmon Richard M -- Old Republic Title Company
Harmon R M -- Stewart Title Riverside
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Modarres Kamy $1,096,875
Previous Owner Harmon R M $392,700
Previous Owner Harmon R M $423,000
Previous Owner Harmon Richard M $417,000
Previous Owner Harmon R M $189,000
Closed Harmon R M $16,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2017 10/31/17 Sold $1,462,500 -2.4% $444 / Sq Ft
07/22/2017 07/22/17 Pending -- -- --
05/02/2017 05/02/17 Price Changed $1,499,000 -21.1% $455 / Sq Ft
04/05/2017 04/05/17 For Sale $1,899,000 0.0% $576 / Sq Ft
02/16/2017 02/16/17 Pending -- -- --
09/09/2016 09/09/16 Price Changed $1,899,000 -2.6% $576 / Sq Ft
05/24/2016 05/24/16 For Sale $1,950,000 -- $592 / 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 $9,046 $1,377,000 $510,000 $867,000
2024 $9,046 $850,578 $167,325 $683,253
2023 $8,788 $833,901 $164,045 $669,856
2022 $8,793 $817,551 $160,829 $656,722
2021 $8,495 $801,522 $157,676 $643,846
2020 $8,562 $793,305 $156,060 $637,245
2019 $8,391 $777,750 $153,000 $624,750
2018 $8,264 $762,500 $150,000 $612,500
2017 $7,526 $694,441 $114,975 $579,466
2016 $7,338 $680,825 $112,721 $568,104
2015 $7,221 $670,599 $111,028 $559,571
2014 $7,083 $657,464 $108,854 $548,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 160028439

San Diego MLS

APN: 101-260-08