NOT LISTED FOR SALE

Estimated Value: $3,128,285 - $3,442,000

5 Beds
4.5 Baths
3,708 Sq Ft
$872/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $2,650,000 $715 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $19,719/month

40 Days on Market

Highlights

  • Solar Power System
  • Fireplace in Primary Bedroom
  • Private Yard
  • Solana Highlands Elementary School Rated A
  • Main Floor Bedroom
  • Double Convection Oven

About This Home

As of October 2022

Paradise greets you in the highly sought-after Promontory neighborhood of Carmel Valley. The pride of ownership is prevalent in this home that features 5 bedrooms, 4.5 baths, a recently renovated kitchen, soaring ceilings with recessed lighting, updated flooring, paid off solar, spacious floor plan, and smart home features. These are just a few of many upgrades this pristine home offers. Entertain family and friends in the expansive backyard designed by Rich Risner featuring outdoor amenities including a contemporary 11 foot gas fire pit, built in barbecue grill, outdoor fridge, modern waterfall, and putting green. Excellent location in one of the areas top rated school districts close to the One Paseo shopping center, Pacific Highlands, and the world’s finest beaches. This home is a hole in one!

Last Agent to Sell the Property

Peter Middleton

eXp Realty of California Inc License #01224842 Listed on: 08/19/2022

eXp Realty of California Inc

Co-Listed By

Dustin Thompson

eXp Realty of California Inc License #01810458

Last Buyer's Agent

Matt Sander

HomeSmart Realty West License #01840852

HomeSmart Realty West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,072

Year Built

  • Built in 1998

Lot Details

  • 0.26 Acre Lot
  • Property is Fully Fenced
  • Level Lot
  • Private Yard

HOA Fees

  • $138 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Three Garage Doors
  • Garage Door Opener
  • Driveway

Home Design

  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 3,708 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Attic Fan

Kitchen

  • Double Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Jack-and-Jill Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • San Dieguito High School District Middle School
  • San Dieguito High School District

Utilities

  • Zoned Cooling
  • Separate Water Meter
  • Water Purifier
  • Water Softener

Additional Features

  • Solar Power System
  • Outdoor Grill

Community Details

  • Promontory HOA, Phone Number (760) 239-6624

Listing and Financial Details

  • Assessor Parcel Number 304-570-16-00
  • $1,244 annual special tax assessment

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,072

Year Built

Built in 1998

Lot Details

0

HOA Fees

$138 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Coastal North
  • Cross Street: Lansdale
  • Neighborhood: Promontory
  • Estimated Living Space: 3,000 to 3,999 SqFt
  • LP / Sq Ft: 726.81
  • Price Per Sq Ft: 714.67
  • SP/ Sq Ft: 714.67
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Disposal, Dryer, Garage Door Opener, Refrigerator, Solar Panels, Washer, Water Softener, 6 Burner Stove, Built In Range, Convection Oven, Double Oven, Gas Oven, Range/Stove Hood, Barbecue, Water Line to Refr, Gas Range, Water Purifier, Built-In
  • Fireplaces: 3
  • Fireplace: Fp In Family Room, Fp In Living Room, Fp In Master Br
  • Searchable Rooms: Bedroom Entry Level, Dining Area, Family Room, Kitchen, Living Room, Master Bedroom, Jack & Jill, Laundry, Master Bathroom
  • Total Bedrooms: 5
  • Bedrooms: 5
  • Master Bedroom Dimensions: 18x17
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 3708
  • Total Bathrooms: 5

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Tile/Clay
  • Exclusive Use Yard: Yes

Garage/Parking

  • Garage Details: Garage - Three Door
  • Garage Spaces: 3
  • Non Garage Parking: Driveway
  • Garage Spaces: 3
  • Parking Spaces Total: 6

Utilities

  • Cooling: Attic Fan, Central Forced Air, Zoned Area(s)
  • Laundry Utilities: Gas, Washer Hookup
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Fireplace, Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Community: CARMEL VALLEY
  • Home Owner Association: Promontory HOA
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 138.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 760 239 6624

Fee Information

  • CFD Mello Roos Fee: 1244.0
  • CFD Mello Roos Fee Reflects: Year
  • Total Monthly Fees: 242
  • CFD Mello Roos Fee Frequency: Annual

Schools

  • School District URL: http://www.sduhsd.net/
  • High School: San Dieguito High School District
  • Middle School Url: http://www.sduhsd.net/
  • Middle School: San Dieguito High School District

Lot Info

  • Lot Size: .25 to .5 AC
  • Topography: Level
  • Assessor Parcel Number: 304-570-16-00
  • Estimated Lot Sq Ft: 11185
  • Estimated Number of Acres: 0.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Sep 30, 2022
Sold by
Epstein Michael G and Epstein Stephanie K
Bought by
Prabaker Family Trust
Seller's Agent
Peter Middleton
eXp Realty of California Inc
Buyer's Agent
Matt Sander
HomeSmart Realty West
List Price
$2,800,000
Sold Price
$2,650,000
Premium/Discount to List
-$150,000
-5.36%
Current Estimated Value
$3,233,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$583,321
Avg. Annual Appreciation
7.08%
Original Mortgage
$2,120,000
Outstanding Balance
$2,028,741
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$1,204,581

Purchase Details

Listed on
Mar 22, 2016
Closed on
May 13, 2016
Sold by
Bailey Michael K and Bailey Natalie T
Bought by
Epstein Michael G and Epstein Stephanie K
Seller's Agent
Jana Greene
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kurt Wannebo
Wannebo Real Estate Group
List Price
$1,500,000
Sold Price
$1,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.28%
Original Mortgage
$503,750
Interest Rate
3.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 6, 2000
Sold by
Lin Xie and Lin Yang
Bought by
Bailey Michael K and Bailey Natalie T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.62%

Purchase Details

Closed on
Feb 24, 1999
Sold by
Yang Qing Lin
Bought by
Xie Fang and Yang Qing Lin

Purchase Details

Closed on
Apr 13, 1998
Sold by
Pardee Construction Company
Bought by
Yang Qing Lin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.62%
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
Prabaker Family Trust $2,650,000 First American Title
Epstein Michael G $1,500,000 Guardian Title Company
Bailey Michael K $920,000 Commonwealth Land Title
Xie Fang -- --
Yang Qing Lin $611,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prabaker Family Trust $2,120,000
Previous Owner Epstein Michael G $550,000
Previous Owner Epstein Michael G $365,000
Previous Owner Epstein Michael G $250,000
Previous Owner Epstein Michael G $503,750
Previous Owner Bailey Michael K $380,200
Previous Owner Bailey Michael K $399,460
Previous Owner Bailey Michael K $417,000
Previous Owner Bailey Michael K $378,825
Previous Owner Bailey Michael K $385,190
Previous Owner Bailey Michael K $388,000
Previous Owner Bailey Michael K $390,000
Previous Owner Bailey Michael K $387,871
Previous Owner Bailey Michael K $75,000
Previous Owner Bailey Michael K $437,000
Previous Owner Bailey Michael K $75,000
Previous Owner Bailey Michael K $340,000
Previous Owner Yang Qing Lin $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Sold $2,650,000 -1.7% $715 / Sq Ft
09/29/2022 09/29/22 Pending -- -- --
09/21/2022 09/21/22 Price Changed $2,695,000 -3.8% $727 / Sq Ft
08/19/2022 08/19/22 For Sale $2,800,000 +86.7% $755 / Sq Ft
06/01/2016 06/01/16 Sold $1,500,000 0.0% $405 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $1,500,000 -- $405 / 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 $30,072 $2,757,060 $2,080,800 $676,260
2024 $30,072 $2,703,000 $2,040,000 $663,000
2023 $29,609 $2,650,000 $2,000,000 $650,000
2022 $19,264 $1,673,274 $1,003,965 $669,309
2021 $18,949 $1,640,466 $984,280 $656,186
2020 $18,795 $1,623,646 $974,188 $649,458
2019 $18,459 $1,591,811 $955,087 $636,724
2018 $18,133 $1,560,600 $936,360 $624,240
2017 $17,847 $1,530,000 $918,000 $612,000
2016 $13,546 $1,179,376 $575,919 $603,457
2015 $13,363 $1,161,662 $567,269 $594,393
2014 $13,115 $1,138,907 $556,157 $582,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220021579

San Diego MLS

APN: 304-570-16