NOT LISTED FOR SALE

Estimated Value: $801,314 - $872,000

3 Beds
2.5 Baths
1,515 Sq Ft
$156/mo HOA Fee

Last Sold February 10, 2015

Last sale price $395,000 $261 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $5,092/month

52 Days on Market

Highlights

  • Spa
  • Wood Flooring
  • Slab Porch or Patio
  • San Elijo Elementary School Rated A
  • Loft
  • 2-minute walk to San Elijo Fountain

About This Home

As of February 2015

Only townhome available in highly desirable Morgan's Corner in the San Elijo Hills community! This townhome features a low maintenance courtyard, attached garage and a spacious floor plan with three levels. Built-ins throughout the home including an entertainment center in the living room. The third floor is a huge loft with hardwood floors and tons of natural light; could be used as a media room, kids den, home office or even another bedroom! Available for immediate occupancy. 2 car garage. Neighborhoods: San Elijo Hills Equipment: Garage Door Opener, Range/Oven Other Fees: 80 Sewer: Sewer Connected Topography: LL

Last Agent to Sell the Property

Mary Simmons-Maloney

eXp Realty of California, Inc License #01405238 Listed on: 12/16/2014

eXp Realty of California, Inc

Last Buyer's Agent

Out of Area Agent

Out of Area Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,934

Year Built

  • Built in 2003

Lot Details

  • 2.03

HOA Fees

  • $156 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Stucco

Interior Spaces

  • 1,515 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Loft
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Spa
  • Slab Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2236300415

Community Details

Overview

  • 162 Units
  • Morgan's Corner/San Elijo Association, Phone Number (760) 431-2522
  • Morgan's Corner

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,934

Year Built

Built in 2003

Lot Details

0

HOA Fees

$156 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Park Name: Morgan's Corner
  • Property Attached: Yes
  • Subdivision Name Other: San Marcos
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2236300415
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Living Area: 1515.00
  • Stories: 3
  • Entry Location: 1
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 260.73
  • Room Type: Family Room, Loft
  • Spa Features: Community

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Slab
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Refrigerator
  • Heating Type: Natural Gas, Forced Air
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 156.00
  • Association Fee Frequency: Monthly
  • Association Name: Morgan's Corner/San Elijo
  • Phone: 760-431-2522

Multi Family

  • Number Of Units In Community: 162

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2017
Sold by
Cheng John Paul and Cheng Francia B
Bought by
Cheng John P and Cheng Francia B
Current Estimated Value
$795,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,600
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 16, 2014
Closed on
Jan 11, 2015
Sold by
Grant Stephen and Grant Michelle
Bought by
Cheng John Paul and Cheng Francia B
Seller's Agent
Mary Simmons-Maloney
eXp Realty of California, Inc
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$395,000
Sold Price
$395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$387,845
Interest Rate
3.76%
Mortgage Type
FHA
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
Cheng John P -- Wfg National Title
Cheng John Paul $395,000 Title 365
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cheng John P $405,557
Closed Cheng John P $399,000
Closed Cheng John P $375,000
Closed Cheng John P $370,000
Closed Cheng John P $371,500
Closed Cheng John P $381,600
Closed Cheng John Paul $387,845
Previous Owner Grant Stephen Barclay $141,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2015 02/10/15 Sold $395,000 0.0% $261 / Sq Ft
02/06/2015 02/06/15 Pending -- -- --
12/16/2014 12/16/14 For Sale $395,000 -- $261 / 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 $6,934 $474,719 $252,342 $222,377
2024 $6,934 $465,412 $247,395 $218,017
2023 $6,863 $456,288 $242,545 $213,743
2022 $6,732 $447,342 $237,790 $209,552
2021 $6,603 $438,572 $233,128 $205,444
2020 $6,585 $434,076 $230,738 $203,338
2019 $6,525 $425,565 $226,214 $199,351
2018 $6,427 $417,222 $221,779 $195,443
2017 $6,285 $409,042 $217,431 $191,611
2016 $6,206 $401,022 $213,168 $187,854
2015 $5,092 $301,000 $160,000 $141,000
2014 $5,351 $301,000 $160,000 $141,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 140065620

California Regional Multiple Listing Service (CRMLS)

APN: 223-630-04-15