NOT LISTED FOR SALE

1240 Sutter Ln San Marcos, CA 92069

Estimated Value: $802,000 - $947,000

3 Beds
2 Baths
1,400 Sq Ft
$612/Sq Ft Est. Value

Last Sold June 22, 2023

Last sale price $750,000 $536 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,205/month

4 Days on Market

Highlights

  • Mountain View
  • Property is near a park
  • No HOA
  • Knob Hill Elementary School Rated A-
  • Attic
  • 2 Car Attached Garage

About This Home

As of June 2023

Hear that sound? It's opportunity knocking. HUGE upside potential for this three-bedroom, two full bath single family residence fixer in San Marcos. Located on an ENORMOUS 12,000+ square foot lot with a view, this home is close to shopping, parks and the freeway. Also close to Mission Hills High School, Woodland Park Middle School, and Knob Hill Elementary. Hardwood flooring throughout living room, kitchen and hallway. No HOA / No Mello-Roos. Enormous backyard with fruit trees and low-maintenance landscaping. Two-car garage with plenty of storage space. Come see this amazing opportunity today!

Last Agent to Sell the Property

Sean OBrien

Preferred Group Properties License #02141289 Listed on: 06/01/2023

Preferred Group Properties

Co-Listed By

Debi Doyle

Compass License #02179703

Last Buyer's Agent

Wes Parker

eXp Realty of California, Inc. License #01956554

eXp Realty of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,519

Year Built

  • Built in 1984

Lot Details

  • 0.28 Acre Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available

Property Views

  • Mountain
  • Hills

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Entryway
  • Family Room
  • Living Room
  • Attic

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park

Utilities

  • Central Air
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Tract Number 10761
  • Assessor Parcel Number 2260524800

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,519

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: R-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2260524800
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1400.00
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 535.71
  • Room Type: All Bedrooms Down, Attic, Entry, Family Room, Kitchen, Living Room, Main Floor Master Bedroom, Master Bathroom

Exterior Features

  • Patio: Yes
  • View: Hills, Mountain(s)
  • Fence: No
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft, Park Nearby, Sprinkler System
  • Lot Size Sq Ft: 12166.00
  • Lot Size Acres: 0.2793

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12166.0000 Square Feet

Tax Info

  • Tax Tract Number: 010761

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jun 12, 2023
Sold by
Miyatake Trust
Bought by
Lindenmuth Eric
Seller's Agent
Sean OBrien
Preferred Group Properties
Buyer's Agent
Wes Parker
eXp Realty of California, Inc.
List Price
$630,000
Sold Price
$750,000
Premium/Discount to List
$120,000
19.05%
Views
156
Current Estimated Value
$857,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,151
Avg. Annual Appreciation
5.92%
Original Mortgage
$400,000
Outstanding Balance
$389,226
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$467,925

Purchase Details

Closed on
Oct 13, 2021
Sold by
Louise Miyatake Jacquelyn
Bought by
Miyatake Family Trust

Purchase Details

Closed on
Oct 12, 2021
Sold by
Trent Kathleen M and Miyatake Trust
Bought by
Trent Kathleen M and Miyatake Trust

Purchase Details

Closed on
Dec 17, 1999
Sold by
Miyatake Family Trust 04-09-90
Bought by
Miyatake Gene M and Miyatake Jacquelyn L

Purchase Details

Closed on
Jan 15, 1988

Purchase Details

Closed on
May 18, 1984
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lindenmuth Eric $750,000 Ticor Title
Miyatake Family Trust -- --
Trent Kathleen M -- None Available
Miyatake Family Trust -- --
Miyatake Gene M -- --
-- $141,000 --
-- $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lindenmuth Eric $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2023 06/22/23 Sold $750,000 +19.0% $536 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $630,000 -- $450 / 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 $8,519 $780,300 $624,240 $156,060
2024 $8,519 $765,000 $612,000 $153,000
2023 $6,837 $612,000 $408,000 $204,000
2022 $6,745 $249,303 $101,755 $147,548
2021 $2,853 $249,303 $101,755 $147,548
2020 $2,827 $246,748 $100,712 $146,036
2019 $2,796 $241,911 $98,738 $143,173
2018 $2,708 $237,168 $96,802 $140,366
2017 $2,656 $232,518 $94,904 $137,614
2016 $2,616 $227,960 $93,044 $134,916
2015 $2,579 $224,537 $91,647 $132,890
2014 $2,521 $220,139 $89,852 $130,287
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2304079

California Regional Multiple Listing Service (CRMLS)

APN: 226-052-48