NOT LISTED FOR SALE

Estimated Value: $1,332,000 - $1,648,000

4 Beds
3 Baths
2,458 Sq Ft
$594/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $1,325,000 $539 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $9,275/month

15 Days on Market

Highlights

  • Private Pool
  • Bonus Room
  • Community Fire Pit
  • Discovery Elementary School Rated A
  • Home Office
  • Hiking Trails

About This Home

As of June 2022

PRICE DEDUCTION $50,000 + SELLER TO ASSIST IN $10,000 IN BUYERS CLOSING COSTS. NORTH FACING HOME! Incredible opportunity to own in the Beautiful Community of Rancho Tesoro right in the heart of San Marcos. This 4 bedroom, 3 Bath home comes equipped with OWNED SOLAR and stands at 2,458 sq feet! The seller has spared no expense on the upgrades of this Single-Family Home that include. 5.2KW Solar System from Tesla with Solar Monitoring System, Upgraded White Shaker Style Cabinets, Upgraded Backsplash, Quartz Counter-tops, Single Sink inside Kitchen as well as Upgraded Tile Flooring, Upgraded Carpet Upstairs, Walk-In Shower (Down), Full House Water Purification System and more! The outside back yard is landscaped with Porcelain Belgard 2.0 Pavers with turf and app-based lighting with irrigation system. **VERY LOW HOA and MELLO ROOS!** Rancho Tesoro is a resort-style community with amenities including Cabanas, Pool, BBQ, Firepits, Three parks, and a Playground. Come enjoy the incredible views of the mountains from this home all while being just moments to the 78 freeway within an incredibly strong school district. Don't miss this incredible opportunity to own in Rancho Tesoro. ***Note Ownership is Single Family Residential. This property is zoned for Discovery Elementary, and for grades 6th, 7th, and 8th for the 2023 school year students will have the option to go to Double Peak as a rezoning is being completed. High School is Mission Hills High School. Do not go by MLS zoning Map for school boundaries. Contact Agent for more information. Click on the video link for tour https://youtu.be/WP6MV_tJv_w

Last Agent to Sell the Property

John Castillo

Coldwell Banker Realty License #02020554 Listed on: 04/20/2022

Coldwell Banker Realty

Last Buyer's Agent

Gina Camardo

Keller Williams La Jolla License #02116471

Keller Williams La Jolla

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 6,000 Sq Ft Lot
  • Drip System Landscaping
  • Backyard Sprinklers
  • Back Yard
  • Property is zoned Association

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Turnkey

Interior Spaces

  • 2,458 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room
  • Living Room
  • Home Office
  • Bonus Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Private Pool
  • Exterior Lighting

Utilities

  • High Efficiency Air Conditioning
  • Central Air
  • No Heating

Listing and Financial Details

  • Tax Tract Number 13290
  • Assessor Parcel Number 2221731100
  • $2,100 per year additional tax assessments

Community Details

Overview

  • Rancho Tesoro Association, Phone Number (760) 634-4700
  • Built by Brookfield
  • Foothills
  • Mountainous Community

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Pool
  • Hiking Trails
  • Bike Trail

Security

  • Resident Manager or Management On Site
  • Controlled Access

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

0

HOA Fees

$230 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Washer/Dryer and All Appliances
  • Property Attached: No
  • View: No
  • Zoning: Association
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2221731100
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2458.00
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 539.06
  • Room Type: Bonus Room, Den, Entry, Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Office, Walk-In Closet

Exterior Features

  • Patio: No
  • Fence: No
  • Builder Name: Brookfield
  • Pool Features: Association
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Biking Trails, Controlled Access, Fire Pit, Hiking Trails, Management, Pets Permitted, Picnic Area, Pool
  • Association Fee: 230.00
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Tesoro Association
  • Phone: 760-634-4700
  • Senior Community: No
  • Community Features: Foothills, Mountainous, Sidewalks, Street Lights, Biking, Hiking

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Sprinkler System, Sprinklers Drip System, Sprinklers In Rear
  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1377

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6000.0000 Square Feet
  • Number Of Units In Community: 215

Tax Info

  • Tax Tract Number: 13290
  • TaxOtherAnnualAssessmentAmount: 2100.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
May 18, 2022
Sold by
Reddy Vanguru Sreekar and Reddy Sowjanya
Bought by
Flores Cesar R Castelan and Cacciamani Maria E
Seller's Agent
John Castillo
Coldwell Banker Realty
Buyer's Agent
Gina Camardo
Keller Williams La Jolla
List Price
$1,349,999
Sold Price
$1,325,000
Premium/Discount to List
-$24,999
-1.85%
Current Estimated Value
$1,459,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,600
Avg. Annual Appreciation
2.74%
Original Mortgage
$879,750
Outstanding Balance
$836,116
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$623,484

Purchase Details

Closed on
Aug 23, 2018
Sold by
Brookfield Homes Southern California Ll
Bought by
Vanguru Sreekar Reddy and Musani Sowjanya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,198
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Flores Cesar R Castelan $1,325,000 Lawyers Title
Vanguru Sreekar Reddy $719,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Cesar R Castelan $879,750
Previous Owner Vanguru Sreekar Reddy $647,198
Closed Flores Cesar R Castelan $311,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2022 06/03/22 Sold $1,325,000 +1.9% $539 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
05/03/2022 05/03/22 Price Changed $1,299,999 -3.7% $529 / Sq Ft
04/20/2022 04/20/22 For Sale $1,349,999 0.0% $549 / Sq Ft
04/17/2022 04/17/22 Price Changed $1,349,999 -- $549 / 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 $16,762 $1,406,090 $955,080 $451,010
2024 $16,762 $1,272,000 $864,000 $408,000
2023 $15,362 $1,152,000 $782,000 $370,000
2022 $10,920 $755,909 $367,911 $387,998
2021 $10,683 $741,089 $360,698 $380,391
2020 $10,560 $733,491 $357,000 $376,491
2019 $10,423 $719,109 $350,000 $369,109
2018 $4,085 $163,975 $163,975 $0
2017 $1,807 $160,760 $160,760 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2203645

California Regional Multiple Listing Service (CRMLS)

APN: 222-173-11