NOT LISTED FOR SALE

1291 Summit Place Escondido, CA 92025

East Canyon Neighborhood

Estimated Value: $2,709,000 - $4,270,000

6 Beds
6 Baths
6,963 Sq Ft
$490/Sq Ft Est. Value

Last Sold March 13, 2019

Last sale price $2,255,000 $324 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $20,159/month

195 Days on Market

Highlights

  • Guest House
  • Tennis Courts
  • Home Theater
  • San Pasqual High School Rated A-
  • Wine Cellar
  • Heated In Ground Pool

About This Home

As of March 2019

Amazing 5,200 Sq.Ft. 5 bedroom, 5 bathroom main house with awesome custom features & high end appliances, 1,800 Sq.Ft. 2 bedroom, 1 bathroom guest house with kitchen & fireplace, pool/spa with automatic cover, night lit, fully irrigated horse arena, tack room with living quarters, hot and cold water horse wash down area, well, pond, outdoor kitchen/BBQ,entertainment pavilion with pizza oven, night lit tennis & basketball court, Sonos sound, cameras, custom lighting throughout property. See supplement. THE BELLINI RANCH is THE ULTIMATE TROPHY ranch or farm for the most discriminating buyer. The property is an incredible 6.87 acre oasis that includes an impressive gated entrance. Endless entertaining opportunities... in perfect, move-In condition. No detail has been overlooked or expense spared.The home is very private and offers the ultimate living and entertainment opportunities. Zoned for up to 50 horses.Huge storage building includes truck, tractors, and fully equipped work shop. BE SURE TO VIEW THE VIDEO AND MATTERPORT TOUR. Neighborhoods: SUMMIT/MARY LANE AREA Equipment: Dryer,Fire Sprinklers,Garage Door Opener,Pool/Spa/Equipment, Range/Oven, Shed(s), Vacuum/Central, Washer Other Fees: 0 Sewer: Septic Installed Topography: LL

Last Agent to Sell the Property

Steve Webber

Keller Williams Realty License #01909538 Listed on: 07/24/2018

Keller Williams Realty

Co-Listed By

Brad Webber

Keller Williams Realty License #01848863

Last Buyer's Agent

Dieter Hartman

Coldwell Banker Realty License #00980843

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • 6.27 Acre Lot
  • Manual Sprinklers System
  • Property is zoned R-1:SINGLE

Parking

  • 4 Car Direct Access Garage
  • 10 Open Parking Spaces
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Automatic Gate

Property Views

  • Mountain
  • Pool

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Stucco

Interior Spaces

  • 6,963 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Dual Staircase
  • Built-In Features
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Library
  • Bonus Room
  • Game Room
  • Workshop
  • Utility Room
  • Home Gym

Kitchen

  • Walk-In Pantry
  • Double Self-Cleaning Convection Oven
  • Gas Oven or Range
  • Six Burner Stove
  • Built-In Range
  • Indoor Grill
  • Range Hood
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Retreat
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Maid or Guest Quarters
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool
  • Gunite Pool
  • Pool Cover

Outdoor Features

  • Tennis Courts
  • Sport Court
  • Covered Patio or Porch
  • Fireplace in Patio
  • Gazebo
  • Shed
  • Outdoor Grill

Additional Homes

  • Guest House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2370815700

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Security: Automatic Gate, Closed Circuit Camera(s), Fire Sprinkler System, Security System, Smoke Detector(s), Wired for Alarm System, Carbon Monoxide Detector(s)
  • Subdivision Name Other: SUMMIT/MARY LANE AREA
  • View: Yes
  • Zoning: R-1:SINGLE
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2370815700
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6963.00
  • Interior Amenities: 2 Staircases, Built-in Features, Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Two Story Ceilings, Vacuum Central
  • Stories: 2
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Eating Area: Dining Room, Separated
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Patio
  • Levels: Two
  • Price Per Square Foot: 323.85
  • Room Type: Main Floor Bedroom, Bonus Room, Den, Exercise Room, Family Room, Formal Entry, Great Room, Guest/Maid's Quarters, Library, Retreat, Main Floor Master Bedroom, Media Room, Office, Wine Cellar, Workshop, Utility Room, Game Room, Kitchen, Living Room, Master Bedroom, Jack & Jill, Laundry, Master Bathroom, Separate Family Room, Walk-In Closet, Walk-In Pantry
  • Spa Features: In Ground, Heated

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s), Tennis Court Private, Guest House, Gazebo, Sport Court Private
  • View: Mountain(s), Pool
  • Patio And Porch Features: Covered, Slab, Concrete, Patio
  • Pool Features: Heated, In Ground, Gas Heat, Gunite, Pool Cover
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Direct Garage Access, Garage, Garage Door Opener
  • Total Parking Spaces: 14.00
  • Uncovered Spaces: 10.00

Utilities

  • Utilities: Phone Connected, Underground Utilities, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater, Dishwasher, Disposal, Microwave, Refrigerator, 6 Burner Stove, Built-In Range, Self Cleaning Oven, Convection Oven, Double Oven, Gas Oven, Gas Cooktop, Indoor Grill, Range Hood, Self Cleaning Oven, Vented Exhaust Fan, Warming Drawer, Barbecue, Gas Range, Built-In, Counter Top, Gas Cooking
  • Heating Type: Natural Gas, Fireplace(s), Forced Air
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Individual Room, Inside
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Features: Sprinklers Manual, Sprinkler System
  • Lot Size Acres: 6.2700

Multi Family

  • Lot Size Area: 6.2700 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2018
Closed on
Jan 31, 2019
Sold by
Jaeb Cameron C
Bought by
Patel Bhavesh Kummar and Patel Versha
Seller's Agent
Steve Webber
Keller Williams Realty
Buyer's Agent
Dieter Hartman
Coldwell Banker Realty
List Price
$2,798,800
Sold Price
$2,255,000
Premium/Discount to List
-$543,800
-19.43%
Current Estimated Value
$3,413,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,158,758
Avg. Annual Appreciation
6.27%

Purchase Details

Listed on
Feb 1, 2018
Closed on
Apr 16, 2018
Sold by
Bellini Bettina M
Bought by
Jaeb Cameron C
Seller's Agent
Kathy Goodrich-Bader
eXp Realty of California, Inc
Buyer's Agent
Scott Griggs
eXp Realty of California, Inc
List Price
$2,799,000
Sold Price
$2,590,000
Premium/Discount to List
-$209,000
-7.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.20%
Original Mortgage
$1,942,500
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 23, 2012
Sold by
Bellini Henry A and Bellini Bettina
Bought by
Bellini Henry A and Bellini Bettina

Purchase Details

Closed on
Sep 12, 2011
Sold by
Bellini Henry and Bellini Bettina
Bought by
Bellini Bettina and Bellini Henry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2000
Sold by
Bellini and Bettina
Bought by
Bellini Henry A and Bellini Bettina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
7.75%
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
Patel Bhavesh Kummar $2,255,000 First American Title
Jaeb Cameron C $2,590,000 Corinthian Title Company
Bellini Henry A -- None Available
Bellini Bettina -- Lawyers Title
Bellini Henry A -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jaeb Cameron C $1,942,500
Previous Owner Bellini Bettina $805,000
Previous Owner Bellini Henry A $367,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/13/2019 03/13/19 Sold $2,255,000 -19.4% $324 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
07/24/2018 07/24/18 For Sale $2,798,800 +8.1% $402 / Sq Ft
05/09/2018 05/09/18 Sold $2,590,000 -7.5% $372 / Sq Ft View Prior Sale
04/10/2018 04/10/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $2,799,000 -- $402 / 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 $27,909 $2,515,491 $1,115,517 $1,399,974
2024 $27,909 $2,466,169 $1,093,645 $1,372,524
2023 $27,251 $2,417,813 $1,072,201 $1,345,612
2022 $26,917 $2,370,406 $1,051,178 $1,319,228
2021 $26,461 $2,323,928 $1,030,567 $1,293,361
2020 $26,255 $2,300,100 $1,020,000 $1,280,100
2019 $29,959 $2,641,800 $1,020,000 $1,621,800
2018 $12,808 $1,130,327 $299,342 $830,985
2017 $12,588 $1,108,165 $293,473 $814,692
Source: Public Records

Agents Affiliated with this Home

  • Steve Webber

    Seller's Agent in 2019

    Steve Webber

    Keller Williams Realty

    (760) 420-0727

    92 Total Sales

    Steve Webber
    Section Image

  • B

    Seller Co-Listing Agent in 2019

    Brad Webber

    Keller Williams Realty

    (760) 815-6186

    1 Total Sale

    Brad Webber
    Section Image

  • D

    Buyer's Agent in 2019

    Dieter Hartman

    Coldwell Banker Realty

    Section Image
  • Michael Webb

    Buyer's Agent in 2019

    Michael Webb

    Keller Williams Realty

    (858) 342-5601

    14 Total Sales

    Michael Webb
    Section Image
  • Kathy Goodrich-Bader

    Seller's Agent in 2018

    Kathy Goodrich-Bader

    eXp Realty of California, Inc

    (760) 672-3682

    13 Total Sales

    Kathy Goodrich-Bader
    Section Image

  • R

    Seller Co-Listing Agent in 2018

    Robbie Calderon-Hass

    Hass Team Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 180045856

California Regional Multiple Listing Service (CRMLS)

APN: 237-081-57

California San Diego County Escondido 92025 East Canyon

1291 Summit Place, Escondido, CA

Not Listed for Sale

Detached

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