NOT LISTED FOR SALE

2048 Ridgecrest Place Escondido, CA 92029

Felicita Neighborhood

Estimated Value: $1,606,000 - $1,826,000

4 Beds
3 Baths
3,465 Sq Ft
$489/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $1,000,000 $289 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $10,216/month

56 Days on Market

Highlights

  • Greenhouse
  • Art Studio
  • Recreation Room
  • San Pasqual High School Rated A-
  • Panoramic View
  • Retreat

About This Home

As of August 2020

Rare opportunity to live on an expansive estate surrounded by views of mountains and lakes, while also being close to all amenities needed for modern living. The scenery has been muse to a noteworthy artist, with environmentally friendly features including expansive gardens and solar. Picture perfect for outdoor dinner parties, while the glow of the sunset reflects off of the mountains and water. A glassed-in studio at the peak of the property is perfect for yoga, painting, or meditation. A rare opportunity to live in Rancho Verde Estates surrounded by views of mountains and lakes, while also being close to all the amenities needed for modern living. This property has ultimate privacy and scenery that has been the muse to a noteworthy artist, with environmentally friendly features including expansive gardens and solar. This estate is picture perfect for outdoor dinner parties, while the glow of the sunset reflects off of the mountains and water. The house has beautiful light in every room, with vaulted ceilings, a formal living room, a family room, full bath, and a kitchen made for socializing on the ground floor. The second floor has a spacious master suite, a home office, 2 bedrooms, and a full bathroom. This home is ideal for working at home with a family, with all the amenities and inspiration at your fingertips. The multilevel landscaping surrounding the house is the star of the property. Mature fruit trees, an all-season putting green, and creative hardscape provides an environment for serenity. Plenty of space for children to engage in creative play. The glassed-in studio at the peak of the property is perfect for yoga, painting, or meditation. The property has many thoughtful details including rain water reclamation, multi-zone irrigation, water features, HVAC, rooftop solar electricity and a dog run.. Neighborhoods: Rancho Verde Estates Equipment: Dryer,Garage Door Opener, Shed(s), Washer Other Fees: 0 Sewer: Sewer Connected, Public Sewer

Last Agent to Sell the Property

Isabel Bond

HomeSmart Realty West License #01967769 Listed on: 05/14/2020

HomeSmart Realty West

Last Buyer's Agent

Fatima D. De Guzman

Pacific Oak Realty License #01506137

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,046

Year Built

  • Built in 1994

Lot Details

  • 1 Acre Lot
  • Wrought Iron Fence
  • Partially Fenced Property
  • Drip System Landscaping
  • Sprinkler System

Parking

  • 4 Open Parking Spaces
  • 3 Car Garage
  • Parking Available
  • Driveway

Property Views

  • River
  • Panoramic

Home Design

  • Mediterranean Architecture
  • Stucco

Interior Spaces

  • 3,465 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Formal Entry
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Art Studio
  • Workshop

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas Oven or Range
  • Six Burner Stove
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Enclosed Glass Porch
  • Open Patio
  • Greenhouse
  • Gazebo
  • Shed
  • Outdoor Grill

Utilities

  • Whole House Fan
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • Rancho Verde Estates

Listing and Financial Details

  • Assessor Parcel Number 2384614700

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,046

Year Built

Built in 1994

Lot Details

0

Parking

3

Listing Details

  • Park Name: Rancho Verde Estates
  • Property Attached: No
  • Subdivision Name Other: Southwest Escondido
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2384614700
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Living Area: 3465.00
  • Stories: 2
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Area, Dining Room, Family Kitchen
  • Levels: Two
  • Price Per Square Foot: 288.60
  • Room Type: Den, Family Room, Formal Entry, Great Room, Retreat, Office, Workshop, Kitchen, Living Room, Master Bedroom, Recreation, Art Studio, Foyer, Laundry, Master Bathroom, Walk-In Closet, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Other Structures: Greenhouse, Shed(s), Gazebo, Storage
  • View: River, Panoramic
  • Fence: Yes
  • Fencing: Partial, Wrought Iron
  • Patio And Porch Features: Covered, Enclosed, Slab, Patio, Enclosed Glass Porch, Patio Open
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 4.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Water Heater, Dishwasher, Disposal, Microwave, Refrigerator, 6 Burner Stove, Gas Cooktop, Barbecue, Built-In, Gas Cooking
  • Heating Type: Natural Gas, Fireplace(s), Forced Air
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup, Gas & Electric Dryer Hookup, Individual Room
  • Water Source: Public
  • Cooling: Central Air, Whole House Fan
  • Cooling: Yes

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers Drip System, Sprinkler System
  • Lot Size Sq Ft: 40075.00
  • Lot Size Acres: 1.0000

Multi Family

  • Lot Size Area: 40075.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2020
Closed on
Jul 15, 2020
Sold by
Sinofsky Brian E and Carey Catherine A
Bought by
Potts Neal and Potts Deborah E
Seller's Agent
Isabel Bond
HomeSmart Realty West
Buyer's Agent
Fatima D. De Guzman
Pacific Oak Realty
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Current Estimated Value
$1,693,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$693,945
Avg. Annual Appreciation
11.02%
Original Mortgage
$700,000
Outstanding Balance
$622,345
Interest Rate
3%
Estimated Equity
$1,071,600

Purchase Details

Closed on
May 6, 2004
Sold by
Sinofsky Brian E and Carey Catherine A
Bought by
Sinofsky Brian E and Carey Catherine A

Purchase Details

Closed on
Aug 29, 2002
Sold by
Sinofsky Brian E and Carey Catherine A
Bought by
Sinofsky Brian E and Carey Catherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.69%

Purchase Details

Closed on
Oct 19, 1993
Sold by
L & W Investments Inc
Bought by
Guzman Ebodio J and Guzman Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,400
Interest Rate
7%
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
Potts Neal $1,000,000 Orange Coast Ttl Co Of Socal
Sinofsky Brian E -- --
Sinofsky Brian E -- --
Sinofsky Brian E -- Commonwealth Land Title Co
Guzman Ebodio J $432,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potts Neal $700,000
Previous Owner Sinofsky Brian E $259,300
Previous Owner Sinofsky Brian E $268,000
Previous Owner Guzman Ebodio J $35,000
Previous Owner Guzman Ebodio J $450,000
Previous Owner Guzman Edodio J $425,000
Previous Owner Guzman Ebodio J $302,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $1,000,000 -9.1% $289 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $1,100,000 -- $317 / 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 $12,046 $1,082,432 $541,216 $541,216
2024 $12,046 $1,061,208 $530,604 $530,604
2023 $11,773 $1,040,400 $520,200 $520,200
2022 $11,647 $1,020,000 $510,000 $510,000
2021 $11,457 $1,000,000 $500,000 $500,000
2020 $9,504 $826,680 $275,557 $551,123
2019 $9,273 $810,471 $270,154 $540,317
2018 $9,015 $794,580 $264,857 $529,723
2017 $8,868 $779,001 $259,664 $519,337
2016 $8,698 $763,727 $254,573 $509,154
2015 $8,625 $752,257 $250,750 $501,507
2014 $8,264 $737,523 $245,839 $491,684
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200021854

California Regional Multiple Listing Service (CRMLS)

APN: 238-461-47