NOT LISTED FOR SALE

525 Stewart Canyon Rd Fallbrook, CA 92028

Estimated Value: $1,372,000 - $1,636,000

5 Beds
4.5 Baths
2,723 Sq Ft
$554/Sq Ft Est. Value

Last Sold June 22, 2021

Last sale price $1,250,000 $459 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $9,190/month

34 Days on Market

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 2021

Opportunity 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

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

John Bender

Inland Financial Associates License #01389835

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,319

Year Built

Built in 2008

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: North County
  • Cross Street: Skyline Cir
  • Neighborhood: Stone Canyon
  • Supplement: 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!
  • LP / Sq Ft: 385.24
  • Price Per Sq Ft: 459.05
  • SP/ Sq Ft: 459.05
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 2008
  • 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

  • Equipment Available: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Fireplaces: 2
  • Fireplace: Fp In Living Room, Fp In Master Br, Gas
  • Searchable Rooms: Bedroom Entry Level, Dining Area, Family Room, MBR Entry Level, Office, Kitchen, Master Bedroom, All Bedrooms Down, Foyer, Laundry, Master Bathroom
  • Total Bedrooms: 5
  • Bedrooms: 4
  • Master Bedroom Dimensions: 18x14
  • Optional Bedrooms: 1
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 2723
  • Total Bathrooms: 5

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Tile/Clay

Garage/Parking

  • Parking for RV: Potential Space
  • Garage Details: Attached
  • Garage Spaces: 3
  • Non Garage Parking: Gated, Uncovered, Driveway, Driveway - Concrete
  • Garage Spaces: 6
  • Parking Spaces Total: 9

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric, Gas
  • Sewer/Septic: Septic Installed
  • Water: Well on Property, Well
  • Heating: Forced Air Unit
  • Heating Fuel: Propane

Condo/Co-op/Association

  • Community: FALLBROOK

Lot Info

  • Lot Size: 4+ to 10 AC
  • Topography: Level, Slope Gentle
  • Assessor Parcel Number: 108-440-07-00
  • Estimated Number of Acres: 5.37

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%
Current Estimated Value
$1,508,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,297
Avg. Annual Appreciation
4.49%
Original Mortgage
$750,000
Outstanding Balance
$679,032
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$829,265

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
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
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 Inthasane Jay $750,000
Previous Owner Ong Quang Duc $557,100
Previous Owner Ong Quang Duc $296,250
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

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 $14,319 $1,364,482 $703,580 $660,902
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

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Map

Source: San Diego MLS

MLS Number: 210010792

San Diego MLS

APN: 108-440-07