NOT LISTED FOR SALE

40710 Daily Rd Fallbrook, CA 92028

Estimated Value: $572,000 - $675,000

78 Acres
$7,975 Price per Acre
3,405,521 Sq Ft Lot

Last Sold February 12, 2018

Last sale price $900,000 $720 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $3,772/month

83 Days on Market

About This Lot

As of February 2018

How would you love to own your private lake on 78 acres with some of the most beautiful scenery in North San Diego County you'll ever find? Located in a hidden upper valley with great access from both Fallbrook & Temecula, these 5 APN#s all share a naturally fed lake with native trees & plants surrounding this secret oasis. All utilities run through the 78 acres for development, such as public water lines & 3 phase electric power; the potential for your own wells are great as the surrounding properties boast several. The opportunities here are whatever you can imagine: to create an event center, vineyard & winery, Glamping destination, Ranch or Farm, or to meet the desires to those looking for a special getaway on weekends. Develop your own private kingdom overlooking your tranquil lake that you don't have to share with ANYBODY, except for the occasional 4-legged creature or the abundant water fowl that have been enjoying this protected paradise for ages. All parcels have septic approval and could potentially be boundary adjusted to create perfect lake access for each parcel. The seller's family have owned this retreat for over four decades and it's time to let it go. Good paved access into both Fallbrook and Temecula (with no HOA fees), this is truly a peaceful sanctuary with spectacular panoramic views from multiple vantage points. Do you want a sky with a million stars and full moons like daylight? Don't miss out on this opportunity to own a very large unique property in one of the last frontiers of North San Diego County. APN #s: 101-220-08-00; 101-220-28-00; 101-290-54-00; 101-290-47-00; 101-290-60-00 Neighborhoods: Daily Rd Other Fees: 0 Sewer: Perc Test Completed,Perc Update Needed

Last Agent to Sell the Property

Ralph Foster

Sunshine Properties RealEstate License #00856341 Listed on: 10/11/2017

Co-Listed By

Rourke Van Elderen

Sunshine Properties RealEstate License #01480430

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,559

Year Built

  • 1986

Lot Details

  • 78.18 Acre Lot
  • Partially Fenced Property
  • The property's topography is level,rolling,slope gentle,slope steep
  • Property is zoned A70

Listing and Financial Details

  • Assessor Parcel Number 1012200800

Property Details

Property Type

Land

Est. Annual Taxes

$5,559

Year Built

1986

Lot Details

0

Listing Details

  • Subdivision Name Other: Fallbrook
  • Zoning: A70
  • Property Type: Land
  • Parcel Number: 1012200800
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1986

Exterior Features

  • Fence: Yes
  • Fencing: Partial

Lot Info

  • Topography: Level,Rolling,Slope Gentle,Slope Steep
  • Lot Size Acres: 78.1800

Multi Family

  • Lot Size Area: 78.1800 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2017
Closed on
Jan 26, 2018
Sold by
Fletcher Sally W
Bought by
Fallbrook Station Llc
Seller's Agent
Ralph Foster
Sunshine Properties RealEstate
List Price
$900,000
Sold Price
$900,000
Total Days on Market
83
Current Estimated Value
$623,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$276,500
Avg. Annual Appreciation
-7.61%
Original Mortgage
$580,000
Outstanding Balance
$496,813
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$8,187

Purchase Details

Listed on
Apr 9, 2016
Closed on
Aug 5, 2016
Sold by
Jack Erickson & Associates
Bought by
Fletcher Sally W
Seller's Agent
Jeff Kane
Coldwell Banker West
Buyer's Agent
Jeff Kane
Coldwell Banker West
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
117.96%

Purchase Details

Closed on
May 25, 2005
Sold by
Millhouse One Llc
Bought by
Licari Salvatore and Licari Ercilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
5.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 1, 2003
Sold by
Jack Erickson & Associates
Bought by
Millhouse One Llc
Source: Public Records

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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
Fallbrook Station Llc $900,000 Fidelity National Title Comp
Fletcher Sally W $300,000 First American Title Company
Licari Salvatore $1,050,000 Ticor Title Co
Millhouse One Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fallbrook Station Llc $580,000
Previous Owner Licari Salvatore $610,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2018 02/12/18 Sold $900,000 0.0% $720 / Sq Ft
01/02/2018 01/02/18 Pending -- -- --
10/11/2017 10/11/17 For Sale $900,000 +200.0% $720 / Sq Ft
09/15/2016 09/15/16 Sold $300,000 0.0% $240 / Sq Ft
08/18/2016 08/18/16 Pending -- -- --
04/09/2016 04/09/16 For Sale $300,000 -- $240 / 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
2024 $5,559 $457,361 $457,361 --
2023 $5,729 $448,394 $448,394 $0
2022 $5,732 $439,602 $439,602 $0
2021 $5,571 $430,983 $430,983 $0
2020 $5,607 $426,564 $426,564 $0
2019 $5,515 $418,200 $418,200 $0
2018 $5,414 $407,008 $407,008 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 170053176

California Regional Multiple Listing Service (CRMLS)

APN: 101-290-61