Seller's Agent in 2020
Cassidy Lewis
eXp Realty of Southern CA
(619) 840-0904
1 in this area
41 Total Sales
982 River Oaks Ln Fallbrook, CA 92028
Estimated Value: $1,888,685 - $1,932,000
5
Beds
4.5
Baths
3,973
Sq Ft
$483/Sq Ft
Est. Value
Highlights
- Home Theater
- 13.7 Acre Lot
- Maid or Guest Quarters
- Heated Spa
- Craftsman Architecture
- Fireplace in Primary Bedroom
About This Home
As of July 2020Magnificent country estate sitting on over 13 acres with breath taking mountain views. Situated at the end of a long private driveway this 4 bed/3.5 bath home, with a separate 1bed/1bath guest house, has unmatched privacy and amenities. An amazing backyard with a vanishing edge salt water pool, outdoor kitchen and tons of space for entertaining. Exclusive access to a private horse and hiking trail that leads to the SantaMargarita River, paid solar, reverse osmosis, water softener, and THX surround sound! The paid solar covers electricity even when using the AC during the warmer months, a 3 kilowatt and a 4 kilowatt system with 31 panels. The reverse osmosis and water softener are both owned and will convey. Also, over the past 2 years the sellers have removed most of the lawns and installed a drip system for most of the property which has cut the water bill immensely. The private horse trail is part of the Oak Ridge Trail committee which only has 22-24 households that can use the hiking trail (a key is needed) that takes you down to the Santa Margarita River. The sound/entertainment system will convey with the property and cost over $20K and is incredible. Immaculate 4 car garage with tons of storage as well as a large storage shed behind the garage also included with the property. All appliance convey with the property including the wine cooler.. Neighborhoods: Santa Margarita Equipment: Dryer,Fire Sprinklers,Garage Door Opener,Pool/Spa/Equipment, Washer, Water Filtration Other Fees: 0 Sewer: Septic Installed Topography:
Last Agent to Sell the Property
eXp Realty of Southern CA License #01943342 Listed on: 01/15/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,368
Year Built
- Built in 2003
Lot Details
- 13.7 Acre Lot
- Fenced
- Fence is in good condition
Parking
- 6 Open Parking Spaces
- 4 Car Garage
- Parking Available
Home Design
- Craftsman Architecture
- Concrete Roof
- Cement Siding
Interior Spaces
- 3,973 Sq Ft Home
- 1-Story Property
- Entryway
- Family Room Off Kitchen
- Living Room with Fireplace
- Formal Dining Room
- Home Theater
- Home Office
- Workshop
Kitchen
- Eat-In Kitchen
- Walk-In Pantry
- Double Oven
- Propane Oven
- Six Burner Stove
- Built-In Range
- Range Hood
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Retreat
- Fireplace in Primary Bedroom
- Walk-In Closet
- Jack-and-Jill Bathroom
- Maid or Guest Quarters
Laundry
- Laundry Room
- Propane Dryer Hookup
Pool
- Heated Spa
- Saltwater Pool
Outdoor Features
- Outdoor Grill
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Propane
- Propane Water Heater
- Water Purifier
- Water Softener
Listing and Financial Details
- Assessor Parcel Number 1025901300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 15, 2020
Closed on
Jul 15, 2020
Sold by
Slocum Kurtis D and Slocum Gail L
Bought by
Shah Chintu
Seller's Agent
Cassidy Lewis
eXp Realty of Southern CA
Buyer's Agent
Melissa Storer
Compass
List Price
$1,325,000
Sold Price
$1,250,000
Premium/Discount to List
-$75,000
-5.66%
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
$670,171
Avg. Annual Appreciation
8.62%
Original Mortgage
$1,000,000
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 26, 2002
Sold by
Emerald Crest Development Ii
Bought by
Slocum Kurtis D and Slocum Gail L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.22%
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 |
|---|---|---|---|
| Shah Chintu | $1,250,000 | First American Title Company | |
| Slocum Kurtis D | $825,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shah Chintu | $1,000,000 | |
| Previous Owner | Slocum Kurtis D | $550,000 | |
| Closed | Slocum Kurtis D | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/23/2020 07/23/20 | Sold | $1,250,000 | -5.7% | $315 / Sq Ft |
| 06/08/2020 06/08/20 | Pending | -- | -- | -- |
| 01/15/2020 01/15/20 | For Sale | $1,325,000 | -- | $334 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2025 | $14,368 | $1,353,038 | $443,796 | $909,242 |
| 2024 | $14,368 | $1,326,509 | $435,095 | $891,414 |
| 2023 | $14,098 | $1,300,500 | $426,564 | $873,936 |
| 2022 | $14,104 | $1,275,000 | $418,200 | $856,800 |
| 2021 | $13,644 | $1,250,000 | $410,000 | $840,000 |
| 2020 | $12,273 | $1,100,000 | $332,000 | $768,000 |
| 2019 | $11,184 | $1,000,000 | $302,000 | $698,000 |
| 2018 | $11,233 | $1,000,000 | $302,000 | $698,000 |
| 2017 | $10,580 | $940,000 | $284,000 | $656,000 |
| 2016 | $10,470 | $935,000 | $283,000 | $652,000 |
| 2015 | $9,645 | $860,000 | $261,000 | $599,000 |
| 2014 | $9,541 | $850,000 | $258,000 | $592,000 |
Source: Public Records
Agents Affiliated with this Home
-
Cassidy Lewis
-
Melissa Storer
Buyer's Agent in 2020
Melissa Storer
Compass
(760) 805-1220
6 in this area
77 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: 200002529
APN: 102-590-13
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