NOT LISTED FOR SALE

870 Stewart Canyon Rd Fallbrook, CA 92028

Estimated Value: $568,000 - $1,050,000

6 Acres
$127,260 Price per Acre
261,360 Sq Ft Lot

Last Sold February 28, 2020

Last sale price $2,100,000 $2,333 Per Sq Ft

Current estimated payment $4,435/month

Highlights

  • Panoramic View
  • Partially Fenced Property
  • Steep Slope

About This Lot

As of February 2020

7 separate parcels, appx 59 total acs, 2 separate 2 bed rental homes on own parcels, rent approximately $1700 per month, appx 7,000 healthy productive, profitable avocado trees, 6 wells over 200 gpm, 2" water meter, avocados mostly younger trees production profits will continue to soar, 2018 production over 400,000 lbs, some view parcels, park like setting below, county allows one home and guest home per parcel. Farm management team can stay or train to take over. Subject to boundary adjustment [Supplement]: AVOCADO GROVE BUSINESS Sale includes 7 legal parcels appx 59 total acres 108-340-29-00 (7.51acs) 108-340-30-00 (9.44acs) 108-340-20-00 (10.27acs) 108-350-15-00 (6acs) 108-350-07-00 (10.45acs) 108-350-16-00 (4.45acs) 108-350-18-00 (6.43acs) keep in mind trees are younger, mostly planted last 3-7 yrs, projected production could double in 5 years net income could be in $200-300,000 plus range, not including $3400 monthly from rentals. Contingent on seller completing a boundary adjustment.

Last Agent to Sell the Property

David Hethorn

Premier Realty Associates License #01367240 Listed on: 02/01/2020

Premier Realty Associates

Last Buyer's Agent

CRMLS FILL Agent

CRMLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,856

Lot Details

  • Property fronts a private road
  • Partially Fenced Property
  • Steep Slope
  • Sprinklers on Timer
  • The property's topography is canyon/valley
  • Property is zoned A70

Property Views

  • Panoramic
  • Canyon
  • Mountain
  • Hills
  • Valley
  • Park or Greenbelt

Utilities

  • Underground Utilities
  • Propane
  • Well

Listing and Financial Details

  • Assessor Parcel Number 1083501500

Property Details

Property Type

Land

Est. Annual Taxes

$5,856

Lot Details

0

Listing Details

  • Road Frontage Type: Private Road
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Zoning: A70
  • Property Type: Land
  • Parcel Number: 1083501500
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Canyon, Hills, Mountain(s), Panoramic, Park/Greenbelt, Valley
  • Fence: Yes
  • Fencing: Partial

Utilities

  • Utilities: Propane, Underground Utilities, Electricity Connected
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Topography: Canyon/Valley
  • Land Lease: No
  • Lot Features: Gentle Sloping, Sprinkler System, Sprinklers Timer, Steep Slope

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2020
Closed on
Jan 29, 2020
Sold by
Schaar Robert E and Schaar Mary E
Bought by
Rancho Los Lobos Llc
Seller's Agent
David Hethorn
Premier Realty Associates
Buyer's Agent
CRMLS FILL Agent
CRMLS
List Price
$2,100,000
Sold Price
$2,100,000
Current Estimated Value
$743,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,356,145
Avg. Annual Appreciation
-16.70%
Original Mortgage
$1,365,000
Outstanding Balance
$1,213,749
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
-$440,900

Purchase Details

Closed on
Aug 4, 2005
Sold by
Schaar Mary E
Bought by
Schaar Robert E and Schaar Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 25, 2000
Sold by
Schaar Robert E and Schaar Mary E
Bought by
Schaar Robert E and Schaar Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
9.38%

Purchase Details

Closed on
Apr 11, 2000
Sold by
Schaar Robert E and Schaar Mary E
Bought by
Schaar Robert E and Schaar Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
9.38%

Purchase Details

Closed on
Jan 7, 1999
Sold by
Schaar Robert E and Schaar Mary E
Bought by
Schaar Robert E and Schaar Mary E

Purchase Details

Closed on
Sep 16, 1998
Sold by
Harper Max H
Bought by
Hansen Jorgen Daugaard and Hansen Else Agnete

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.61%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 8, 1998
Sold by
Hansen Jorgen Daugaard and Hansen Else Agnete
Bought by
Schaar Robert E and Schaar Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.61%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rancho Los Lobos Llc $2,100,000 Corinthian Title
Schaar Robert E -- Fidelity Natl Title Co Of Ca
Schaar Mary E -- Fidelity Natl Title Co Of Ca
Schaar Robert E -- --
Schaar Robert E -- Fidelity National Title Co
Schaar Robert E -- --
Hansen Jorgen Daugaard $125,000 Chicago Title
Schaar Robert E $125,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rancho Los Lobos Llc $130,000
Open Rancho Los Lobos Llc $1,365,000
Previous Owner Schaar Mary E $468,750
Previous Owner Schaar Robert E $64,000
Previous Owner Schaar Robert E $292,500
Previous Owner Schaar Robert E $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $2,100,000 0.0% $2,333 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
02/01/2020 02/01/20 For Sale $2,100,000 -- $2,333 / 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
2025 $5,856 $524,945 $377,306 $147,639
2024 $5,856 $514,653 $369,908 $144,745
2023 $5,725 $504,562 $362,655 $141,907
2022 $5,651 $494,670 $355,545 $139,125
2021 $5,514 $484,972 $348,574 $136,398
2020 $2,114 $175,125 $98,919 $76,206
2019 $2,079 $171,692 $96,980 $74,712
2018 $2,049 $168,327 $95,079 $73,248
2017 $2,012 $165,027 $93,215 $71,812
2016 $1,970 $161,792 $91,388 $70,404
2015 $1,944 $159,363 $90,016 $69,347
2014 $1,907 $156,242 $88,253 $67,989
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    David Hethorn

    Premier Realty Associates

    (760) 807-3248

    46 Total Sales

    Section Image

  • C

    Buyer's Agent in 2020

    CRMLS FILL Agent

    CRMLS

    113 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200006059

California Regional Multiple Listing Service (CRMLS)

APN: 108-350-15

California San Diego County Fallbrook 92028

870 Stewart Canyon Rd, Fallbrook, CA

This home is located at 870 Stewart Canyon Rd, Fallbrook, CA 92028 since 01 February 2020 and is currently estimated at $763,559, approximately $848 per square foot. 870 Stewart Canyon Rd is a home located in San Diego County with nearby schools including Vallecitos Elementary School and Fallbrook High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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