NOT LISTED FOR SALE

1264 Summit Point Way San Marcos, CA 92078

Estimated Value: $1,842,496 - $1,900,000

5 Beds
3.5 Baths
3,393 Sq Ft
$552/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $1,934,000 $570 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $11,384/month

6 Days on Market

Highlights

  • Ocean View
  • Above Ground Spa
  • Two Story Ceilings
  • Carrillo Elementary Rated A
  • Primary Bedroom Suite
  • Outdoor Fireplace

About This Home

As of April 2024

Unparalleled Panoramic Ocean, Valley & Sunset Views in exclusive Rancho Dorado! Lives like a single-story w/ main-level primary suite. Peacefully situated atop the hills of San Marcos on a quiet cul-de-sac street, this immaculate home stands at the apex of quality & style w/ its idyllic location, expansive elevated view lot, refined interior & indoor-outdoor living. Once inside, you’re greeted by dramatic 2-story ceilings & beautiful wrought iron staircase opening to the formal dining room with double stacked windows & built-in buffet. Accented with two walls of windows, the adjacent living room offers an inviting space for relaxation & entertainment. Adorned w/ sit-down ocean views through large picture windows, the open concept of the kitchen & family room w/ fireplace & built-in media center combined w/ glass sliders to enjoy the ocean breezes offers an expansive feel extending the comforts of the interior outdoors. Gourmet kitchen equipped w/ quartz counters, butler’s pantry & island w/ breakfast bar. Lavish 1st-floor primary suite affords ocean & backyard views w/ glass sliders, dual vanities, jacuzzi tub, glass enclosed shower & large walk-in closet. Versatile upstairs loft w/ balcony showcasing ocean & valley views can easily be converted to optional 5th BR & offers jack-n-jill BA to 1 guest BR. 2 additional BRs share a 2nd jack-n-jill BA. 2nd level complete w/ laundry room & an office nook perfect for desk/reading area. Created to embrace the endless coastal views & encompassed by meticulous landscaping, the expansive backyard offers an above-ground spa, multiple patios, built-in BBQ & built-in firepit. Nearby Simmons Family Park, tot lot, & basketball court. Top-rated San Marcos Schools. Short distance to shops, restaurants, golf, parks & beach. Welcome Home!

Last Agent to Sell the Property

Alan Shafran

SRG Brokerage Email: listings@shafranrealty.com License #00969660 Listed on: 04/03/2024

SRG

Last Buyer's Agent

Janice Woods

Golden Gate Sotheby's International Realty License #00816718

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 8,446 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped
  • Private Yard
  • Lawn
  • Back Yard
  • Property is zoned R-1:SINGLE FAM-RES

HOA Fees

  • $150 Monthly HOA Fees

Parking

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

Property Views

  • Ocean
  • City Lights
  • Valley

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,393 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Sliding Doors
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Home Office
  • Loft
  • Storage

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower
  • Linen Closet In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Above Ground Spa
  • Balcony
  • Covered Patio or Porch
  • Fireplace in Patio
  • Outdoor Fireplace
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Rancho Dorado HOA, Phone Number (760) 481-7444
  • Avalon HOA

Listing and Financial Details

  • Tax Tract Number 13914
  • Assessor Parcel Number 2227102400
  • $3,001 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

8,446 Sq Ft Lot

HOA Fees

$150 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2227102400
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3393.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Granite Counters, High Ceilings, Pantry, Recessed Lighting, Storage, Two Story Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Family Kitchen, Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room, Outside, Patio
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 570.00
  • Room Type: Entry, Family Room, Jack & Jill, Kitchen, Laundry, Living Room, Loft, Main Floor Primary Bedroom, Primary Suite, Office, Separate Family Room, Walk-In Closet
  • Spa Features: Above Ground, Private
  • Bathroom Features: Double Sinks In Bath(s), Double Sinks In Primary Bath, Linen Closet/Storage, Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Vanity Area, Walk-In Shower, Shower, Shower In Tub, Bathtub, Closet In Bathroom
  • Room Kitchen Features: Butler's Pantry, Kitchen Open To Family Room, Kitchen Island, Quartz Counters

Exterior Features

  • Patio: Yes
  • View: City Lights, Ocean, Valley
  • Fence: No
  • Patio And Porch Features: Covered, Patio Open
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Double Oven, Disposal, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Individual Room, Inside, Upper Level, Washer Hookup, Washer Included, Gas Dryer Hookup

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 150.00
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Dorado HOA
  • Phone: 760-481-7444
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Avalon

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Landscaped, Lawn, Lot 6500-9999, Yard
  • Lot Size Sq Ft: 8446.00
  • Lot Size Acres: 0.1939

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8446.0000 Square Feet
  • Number Of Units In Community: 276

Tax Info

  • Tax Tract Number: 013914
  • TaxOtherAnnualAssessmentAmount: 3001.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
Apr 12, 2024
Sold by
Burdis Joseph M and Burdis Jane C
Bought by
Gupta Family Trust and Gupta
Seller's Agent
Alan Shafran
SRG
Buyer's Agent
Janice Woods
Golden Gate Sotheby's International Realty
List Price
$1,875,000
Sold Price
$1,934,000
Premium/Discount to List
$59,000
3.15%
Views
45
Current Estimated Value
$1,874,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,626
Avg. Annual Appreciation
-1.63%
Original Mortgage
$1,643,900
Outstanding Balance
$1,617,511
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$256,863

Purchase Details

Listed on
Jan 30, 2015
Closed on
Feb 6, 2015
Sold by
Bacalis Ariman Patricia R
Bought by
Burdis Joseph M and Burdis Jane C
Seller's Agent
Whitney Fields
Compass
Buyer's Agent
Alan Shafran
SRG
List Price
$889,000
Sold Price
$889,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%
Original Mortgage
$819,447
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Feb 3, 2011
Sold by
Ariman Teoman and Bacalis Ariman Patricia R
Bought by
Ariman Teoman and Bacalis Ariman Patricia R

Purchase Details

Closed on
Sep 3, 2009
Sold by
Ariman Teoman and Bacalis Ariman Patricia R
Bought by
Ariman Teoman and Bacalis Ariman Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 5, 2003
Sold by
Ariman Teoman and Bacalis Ariman Patricia
Bought by
Ariman Teoman and Ariman Patricia

Purchase Details

Closed on
Aug 30, 2002
Sold by
Ariman Teoman and Ariman Patricia R
Bought by
Teoman Ariman Living Trust

Purchase Details

Closed on
Sep 17, 2001
Sold by
William Lyon Homes Inc
Bought by
Ariman Teoman and Ariman Patricia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,500
Interest Rate
6.5%
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
Gupta Family Trust $1,934,000 Chicago Title
Burdis Joseph M $889,000 Ticor Title
Ariman Teoman -- None Available
Ariman Teoman -- None Available
Ariman Teoman -- American Coast Title Company
Ariman Teoman -- American Coast Title Company
Ariman Teoman -- --
Teoman Ariman Living Trust -- --
Ariman Teoman $586,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gupta Family Trust $1,643,900
Previous Owner Burdis Joseph M $819,447
Previous Owner Ariman Teoman $417,000
Previous Owner Ariman Teoman $467,500
Closed Ariman Teoman $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2024 04/30/24 Sold $1,934,000 +3.1% $570 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $1,875,000 +110.9% $553 / Sq Ft
03/03/2015 03/03/15 Sold $889,000 0.0% $262 / Sq Ft View Prior Sale
02/01/2015 02/01/15 Pending -- -- --
01/30/2015 01/30/15 For Sale $889,000 -- $262 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $14,613 $1,972,680 $1,428,000 $544,680
2024 $14,613 $1,047,484 $553,788 $493,696
2023 $14,352 $1,026,946 $542,930 $484,016
2022 $14,147 $1,006,811 $532,285 $474,526
2021 $13,914 $987,071 $521,849 $465,222
2020 $13,776 $976,951 $516,499 $460,452
2019 $13,632 $957,796 $506,372 $451,424
2018 $13,255 $939,017 $496,444 $442,573
2017 $13,022 $920,606 $486,710 $433,896
2016 $12,828 $902,556 $477,167 $425,389
2015 $10,695 $720,790 $307,294 $413,496
2014 $10,479 $706,672 $301,275 $405,397
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2402729

California Regional Multiple Listing Service (CRMLS)

APN: 222-710-24

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