NOT LISTED FOR SALE

12027 Royal Rd Unit 1 El Cajon, CA 92021

Estimated Value: $520,000 - $571,000

2 Beds
2.5 Baths
1,540 Sq Ft
$267/mo HOA Fee

Last Sold February 29, 2024

Last sale price $520,000 $338 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,483/month

19 Days on Market

Highlights

  • Gated Parking
  • Traditional Architecture
  • Breakfast Area or Nook
  • Santana High School Rated A-
  • Wood Flooring
  • Walk-In Closet

About This Home

As of February 2024

Price adjustment makes you the winner! Largest unit in the complex. Spacious and elegant 1540sf end unit condo with no one above, that feels more like a 2 level townhome. Open floor plan with lots of natural light. Updated kitchen with stainless steel appliances and granite countertops. Move-in ready with new carpet and paint. Guest bedroom with view balcony and primary bedroom with en suite bathroom and walk-in closet. Extra room area upstairs, perfect for office or kids play area. AC. Laundry room with pantry off of the kitchen. 2 side by side parking spaces and extra storage in garage. Small, quiet complex with low HOA dues of $267.00. Convenient El Cajon location. VA approved.

Last Agent to Sell the Property

Lisa Bohlken

Keller Williams San Diego Metro License #01889698 Listed on: 01/25/2024

Keller Williams San Diego Metro

Last Buyer's Agent

Jeremy Wills

Tri County Real Estate Services, Inc. License #01332371

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,771

Year Built

  • Built in 1986

Lot Details

  • 0.39

HOA Fees

  • $267 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gated Parking

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1,540 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Utility Room
  • Laundry Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Additional Features

  • Gated Home
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 388-260-70-1

Community Details

Overview

  • Association fees include common area maintenance, exterior bldg maintenance, sewer, trash pickup, water
  • 12 Units
  • Palaie Royal Association, Phone Number (619) 644-5675
  • Palaie Royal Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,771

Year Built

Built in 1986

Lot Details

0

HOA Fees

$267 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Architectural Style: Traditional
  • Residential Styles: All Other Attached
  • Market Area: East County
  • Cross Street: Winter Gardens Blvd
  • Neighborhood: Winter Gardens
  • Estimated Living Space: 1,500 to 1,999 SqFt
  • LP / Sq Ft: 331.17
  • Price Per Sq Ft: 337.66
  • SP/ Sq Ft: 337.66
  • Stories: 2 Story
  • Stories In Building: 2
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 1986
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Wood
  • Equipment Available: Dishwasher, Disposal, Range/Oven
  • Searchable Rooms: Breakfast Area, Dining Area, Utility Room, Kitchen, Living Room, Master Bedroom, All Bedrooms Up, Laundry, Master Bathroom, Walk-In Closet
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 14x13
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 1540
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Gate
  • Roof: Composition
  • Three or more Steps To Entry: Yes

Garage/Parking

  • Garage Details: Assigned, Gated, Community Garage
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Laundry Utilities: Electric
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Complex Name: Palaie Royal
  • Total Fees: 3204.0
  • Pets Allowed: Yes
  • Units In Building: 12
  • Total Number of Units: 12
  • Community: EL CAJON
  • Home Owner Association: Palaie Royal
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior Bldg Maintenance, Sewer, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 267.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 6196445675

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 2

Fee Information

  • Total Monthly Fees: 267

Lot Info

  • Lot Size: 0 (Common Interest)
  • Site: Public Street
  • Topography: Level
  • Assessor Parcel Number: 388-260-70-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
Feb 15, 2024
Sold by
Warner John
Bought by
Wells Matthew and Wells Gina
Seller's Agent
Lisa Bohlken
Keller Williams San Diego Metro
Buyer's Agent
Jeremy Wills
Tri County Real Estate Services, Inc.
List Price
$530,000
Sold Price
$520,000
Premium/Discount to List
-$10,000
-1.89%
Views
128
Current Estimated Value
$549,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,089
Avg. Annual Appreciation
3.37%
Original Mortgage
$320,000
Outstanding Balance
$314,334
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$234,755

Purchase Details

Closed on
Dec 19, 2019
Sold by
Sterling Equity Management Llc
Bought by
Wamer John

Purchase Details

Closed on
Feb 18, 2014
Sold by
Foley Victor L and Foley Trinidad
Bought by
Sterling Equity Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2008
Sold by
Lenning Michelle
Bought by
Foley Victor L

Purchase Details

Closed on
Feb 13, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Foley Victor L and Foley Trinidad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,625
Interest Rate
7.04%

Purchase Details

Closed on
Aug 9, 1995
Sold by
Wong Cornelius and Wong Kathleen L
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 7, 1989
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
Wells Matthew $520,000 Fidelity National Title
Wamer John -- None Available
Sterling Equity Management Llc $211,000 Ticor Title
Foley Victor L -- None Available
Foley Victor L $77,500 Orange Coast Title Company
Federal Home Loan Mortgage Corporation $86,968 --
-- $94,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Matthew $320,000
Previous Owner Sterling Equity Management Llc $700,000
Previous Owner Foley Victor L $73,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Sold $520,000 +2.0% $338 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
02/08/2024 02/08/24 Price Changed $510,000 -3.8% $331 / Sq Ft
01/25/2024 01/25/24 For Sale $530,000 -- $344 / 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 $3,771 $530,399 $205,304 $325,095
2024 $3,771 $253,573 $98,152 $155,421
2023 $3,657 $248,602 $96,228 $152,374
2022 $3,575 $243,729 $94,342 $149,387
2021 $3,537 $238,951 $92,493 $146,458
2020 $3,465 $236,502 $91,545 $144,957
2019 $3,417 $231,865 $89,750 $142,115
2018 $3,320 $227,320 $87,991 $139,329
2017 $3,238 $222,864 $86,266 $136,598
2016 $3,094 $218,495 $84,575 $133,920
2015 $3,074 $215,214 $83,305 $131,909
2014 $1,735 $105,009 $40,647 $64,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240001906

San Diego MLS

APN: 388-260-70-01