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$1,575,000

Beds
3
Baths
2.0
sq ft
1,735

40460 Little Ross Rd, Fallbrook, CA 92028

40460 Little Ross Rd

Fallbrook, CA 92028

  • 57 days on market
WOW! Stunning 360-degree panoramic views await you at this single-story hilltop home, nestled on 7.96 acres in the picturesque De Luz Heights community of Fallbrook. This splitable property offers the perfect blend of privacy and potential like nothing you have seen before. The home features and inviting sunroom with outdoor seating, overlooking the serene Ross Lake, accessible exclusively to local residents. Enjoy fishing, swimming, and entertaining in this private oasis. The open-concept kitchen flows seamlessly into the dining area and sunroom, providing an ideal space for gatherings. The primary bedroom boasts breathaking lake views while the other two bedrooms and bath are located on the opposite side of the home for added privacy. Additionally, the property includes a 2,400 sq ft drive-through warehouse outbuilding, perfect for events, vehicle storage, parking, and more! An additional hilltop clearing, accessible via its own private driveway off Little Ross Rd. offers the potential for a second dwelling (check with City and County requirements), creating a separate parcel. The property backs up to US Federal Land, ensuring no neighbors behind you. The property features multiple flat areas suitable for ADU's - additional dwelling units - or other creative uses (check with City and County requirements and permitted uses). Don't miss out on this unique opportunity! Call now for a private showing!

Details

Property type

Single Family Residence

Est. home value

$681,758

Lot size

7.96 acres

Price per sq ft

$908

Year built

1975

Price History

07/25/2024
CRMLS

CRMLS #HD24151572

Listed
$1,575,000
+125%
08/17/2022
CRMLS

CRMLS #SW22128965

Sold
$700,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Fallbrook Union

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$870,281
Asking price
$1,575,000
Closing costs (~8% of asking)
-$126,000
Est. remaining loan balance
-$578,719
Cash to seller
$870,281

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Flexpoint Inc

Loan start date

August 2022

Original loan amount

$595,000

Est. remaining balance

$578,719

Interest rate

5.81%

Loan type

New Conventional, 30 year

Seller

Aifredo Gomringer

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/19/2024 at 8:50 PM

Listing updated: 08/13/2024 at 12:35 PM

Listed by: Michelle Cox, Michelle Cox, Broker Phone #: (909) 717-6465

MLS: CRMLS #HD24151572

CRMLS logo

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