525 Stewart Canyon Rd Fallbrook, CA 92028
Estimated Value: $1,367,000 - $1,583,000
5
Beds
4.5
Baths
2,723
Sq Ft
$529/Sq Ft
Est. Value
Highlights
- Gated Parking
- Fireplace in Primary Bedroom
- 3 Car Attached Garage
- 5.37 Acre Lot
- Home Office
- Laundry Room
About This Home
As of June 2021Opportunity abounds in this fabulous custom home that provides an abundance of amazing options for even the most discriminating of buyers. This home was built with great attention to detail and with a focus on optimizing the flow throughout the house with amazing appointments therein. An expansive and open concept living, kitchen and dining area is perfect for family gatherings and a wonderful Master Ensuite along with well appointed bedrooms are more than ample enough to give everyone their space after congregating. Perfect for the family looking for privacy and space as we come out of this post COVID world all while being able to co-exist in peace and harmony. Alternatively, or in conjunction therewith, this home can be used as a business opportunity for those with a purposeful and entrepreneurial spirit.(see supplemental remarks for more details) Home boasts many spectacular features including a spacious three car garage, beautiful Italian Breccia Oniciata marble throughout, stainless steel appliances, skylight that allows for even more light in this already bright and open canvas. For those who like to entertain, this home has endless possibilities and is sure to become the favorite place for friends and family to congregate and enjoy this tranquil and amazing hidden gem close to all including the I-15 making it easy to access all amenities and attractions that San Diego county has to offer. This is the definition of a luxurious country feel close to the City and a great compromise for those looking to achieve a balance of both elements. A rare find indeed! This home can also be a business opportunity for the savvy buyer looking to optimize their investment. Home has been currently used to farm and develop Atemoya and Exotic Fruit trees. The twenty seven foot artesian well is spectacular and produces seven to ten thousand gallons of water per day in addition to a 5,000 gallon water tank on premises. Great income potential for agricultural or nursery business and the best part is you can outsource the farming and reap the profits all while living the life on in a fabulous home that boasts acreage to brag about. Property can also be subdivided for those looking to build an ADU for extended or multi-generational families coming together. This is a rare find and a special proposition for the right buyer who can see the endless possibilities that this home brings with it. Essentially, this can be a familial compound with a business that produces passive income for those who outsource all while enjoying the many amenities this great home has to offer!
Last Agent to Sell the Property
Bryan Garrity
Pacific Sotheby's Int'l Realty License #01501862 Listed on: 04/24/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,319
Year Built
- Built in 2008
Lot Details
- 5.37 Acre Lot
- Property is Fully Fenced
- Level Lot
Parking
- 3 Car Attached Garage
- Driveway
- Gated Parking
- Uncovered Parking
- RV Potential
Home Design
- Clay Roof
- Stucco Exterior
Interior Spaces
- 2,723 Sq Ft Home
- 1-Story Property
- Gas Fireplace
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- 2 Fireplaces
- Dining Area
- Home Office
Kitchen
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Well
- Septic System
Listing and Financial Details
- Assessor Parcel Number 108-440-07-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 24, 2021
Closed on
Jun 9, 2021
Sold by
Ong Quang Duc
Bought by
Inthasane Jay and Chanthabandith Ritsa
Seller's Agent
Bryan Garrity
Pacific Sotheby's Int'l Realty
Buyer's Agent
John Bender
Inland Financial Associates
List Price
$1,399,000
Sold Price
$1,250,000
Premium/Discount to List
-$149,000
-10.65%
Total Days on Market
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,753
Avg. Annual Appreciation
3.65%
Original Mortgage
$750,000
Outstanding Balance
$686,382
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$755,371
Purchase Details
Closed on
Dec 11, 2009
Sold by
Ong Quang Duc and Nguyen Loan Thi Thuy
Bought by
Ong Quang Duc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$557,100
Interest Rate
4.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 21, 2005
Sold by
Germon Patrick D
Bought by
Ong Quang Duc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Interest Rate
5.87%
Mortgage Type
Balloon
Purchase Details
Closed on
Jun 22, 2001
Sold by
Garmon Patrick D
Bought by
Germon Patrick D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.14%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jun 21, 2001
Sold by
Williams David M and Williams Priscilla R
Bought by
Germon Patrick D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.14%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Nov 21, 2000
Sold by
Williams David M
Bought by
Williams David M and Williams Priscilla R
Purchase Details
Closed on
Apr 15, 1999
Sold by
Williams Priscilla Reynolds
Bought by
Williams David M
Purchase Details
Closed on
Apr 2, 1999
Sold by
Johnson Mary L
Bought by
Germon Patrick D
Purchase Details
Closed on
Apr 12, 1991
Purchase Details
Closed on
May 25, 1984
Similar Homes in Fallbrook, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Inthasane Jay | $1,250,000 | Lawyers Title Company | |
| Ong Quang Duc | -- | Tsi Title Company Of Ca Inc | |
| Ong Quang Duc | $395,000 | Chicago Title Co | |
| Germon Patrick D | -- | Chicago Title | |
| Germon Patrick D | $81,000 | -- | |
| Williams David M | -- | -- | |
| Williams David M | -- | Stewart Title | |
| Germon Patrick D | $36,500 | Stewart Title | |
| -- | $177,500 | -- | |
| -- | $70,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chanthabandith Ritsa | $100,000 | |
| Open | Inthasane Jay | $750,000 | |
| Previous Owner | Ong Quang Duc | $507,300 | |
| Previous Owner | Ong Quang Duc | $557,100 | |
| Previous Owner | Ong Quang Duc | $590,000 | |
| Previous Owner | Ong Quang Duc | $296,250 | |
| Previous Owner | Germon Patrick D | $50,000 | |
| Previous Owner | Germon Patrick D | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/22/2021 06/22/21 | Sold | $1,250,000 | +19.2% | $459 / Sq Ft |
| 05/29/2021 05/29/21 | Pending | -- | -- | -- |
| 05/25/2021 05/25/21 | Price Changed | $1,049,000 | -17.7% | $385 / Sq Ft |
| 05/01/2021 05/01/21 | Price Changed | $1,275,000 | -8.9% | $468 / Sq Ft |
| 04/24/2021 04/24/21 | For Sale | $1,399,000 | -- | $514 / Sq Ft |
Source: San Diego MLS
Tax History Compared to Growth
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 | $14,319 | $1,337,729 | $689,785 | $647,944 |
| 2023 | $13,981 | $1,275,000 | $663,000 | $612,000 |
| 2022 | $13,678 | $1,275,000 | $663,000 | $612,000 |
| 2021 | $10,535 | $980,000 | $421,000 | $559,000 |
| 2020 | $10,459 | $980,000 | $421,000 | $559,000 |
| 2019 | $9,571 | $895,000 | $385,000 | $510,000 |
| 2018 | $9,599 | $895,000 | $385,000 | $510,000 |
| 2017 | $9,542 | $890,000 | $383,000 | $507,000 |
| 2016 | $8,563 | $800,000 | $345,000 | $455,000 |
| 2015 | $8,558 | $800,000 | $345,000 | $455,000 |
| 2014 | $8,537 | $800,000 | $345,000 | $455,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
Bryan Garrity
Pacific Sothebys
(858) 525-3202
71 Total Sales
-
John Bender
Buyer's Agent in 2021
John Bender
Inland Financial Associates
(951) 203-4153
39 Total Sales
Map
Source: San Diego MLS
MLS Number: 210010792
APN: 108-440-07
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