NOT LISTED FOR SALE

2128 Meadowlark Ranch Cir San Marcos, CA 92078

Estimated Value: $1,005,000 - $1,236,000

4 Beds
4 Baths
1,728 Sq Ft
$662/Sq Ft Est. Value

Last Sold October 09, 2015

Last sale price $555,500 $321 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $6,640/month

76 Days on Market

Highlights

  • Heating System Uses Natural Gas
  • La Costa Meadows Elementary Rated A
  • 1-Story Property

About This Home

As of October 2015

Huge Price Reduction! Freshly Painted, bread & butter units.Corner lot Cul de Sac. Prime location at border of San Elijo, San Marcos & La Costa near intersection of Rancho Santa Fe and Melrose. Each unit has 2 large bedrooms and 2 full baths. Master has a bath and walk in closet. Great Condition, each unit has a private fenced yard and patio and laundry hook ups. Kitchen and baths updated about 8 yrs ago. Tile flooring throughout and crown molding. Do not disturb tenants. Neighborhoods: San Elijo,Carlsbad,San Marcos Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 2128 Unit # for Unit 2: 2130 Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Bonnie Frazier

ERA Ranch & Sea Realty License #00832760 Listed on: 06/17/2015

ERA Ranch & Sea Realty

Last Buyer's Agent

Robert Stewart

Hometown REALTORS License #00456333

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,946

Year Built

  • Built in 1959

Lot Details

  • 0.28

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • 1-Story Property
  • Sprinkler System

Listing and Financial Details

  • Tenant pays for trash collection, cable TV, electricity
  • Assessor Parcel Number 2230201100

Community Details

Overview

  • 2 Units
  • Meadowlark Ranch

Building Details

  • Net Operating Income $36,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,946

Year Built

Built in 1959

Lot Details

0

Listing Details

  • CapRate: 5.00
  • Park Name: Meadowlark Ranch
  • Subdivision Name Other: San Marcos
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 2230201100
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas

Lot Info

  • Lot Features: Sprinkler System

Rental Info

  • Tenant Pays: Trash Collection, Cable TV, Electricity

Multi Family

  • Gross Scheduled Income: 36900.00
  • Net Operating Income: 36900.00
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Number With Range: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2015
Closed on
Oct 29, 2015
Sold by
Tyndall Polly C
Bought by
Tyndall Polly C
Seller's Agent
Bonnie Frazier
ERA Ranch & Sea Realty
Buyer's Agent
Robert Stewart
Hometown REALTORS
List Price
$555,500
Sold Price
$555,500
Current Estimated Value
$1,143,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$587,704
Avg. Annual Appreciation
7.50%
Original Mortgage
$416,625
Outstanding Balance
$168,250
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$974,954

Purchase Details

Listed on
Jun 17, 2015
Closed on
Sep 24, 2015
Sold by
Tyndall Craig Christopher
Bought by
Tyndall Polly C
Seller's Agent
Bonnie Frazier
ERA Ranch & Sea Realty
Buyer's Agent
Robert Stewart
Hometown REALTORS
List Price
$555,500
Sold Price
$555,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,625
Outstanding Balance
$168,250
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$974,954

Purchase Details

Listed on
Jun 17, 2015
Closed on
Sep 4, 2015
Sold by
Neill Rebeca O
Bought by
Tyndall Polly C
Seller's Agent
Bonnie Frazier
ERA Ranch & Sea Realty
Buyer's Agent
Robert Stewart
Hometown REALTORS
List Price
$555,500
Sold Price
$555,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,625
Outstanding Balance
$168,250
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$974,954

Purchase Details

Closed on
Nov 27, 2013
Sold by
Neill Rebeca O
Bought by
Neill Rebeca O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2013
Sold by
Neill Rebecca M O
Bought by
Neill Rebeca O

Purchase Details

Closed on
Jun 19, 2008
Sold by
Carrasco Yolanda
Bought by
Oneill Rebeca M

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
6.41%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 9, 2006
Sold by
Carrasco Fernando
Bought by
Carrasco Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$589,500
Interest Rate
7.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 24, 2006
Sold by
Musgrove Page
Bought by
Carrasco Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$589,500
Interest Rate
7.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 20, 2005
Sold by
Costa Juan Carlos
Bought by
Musgrove Page

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,600
Interest Rate
8.8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 14, 2000
Sold by
Costa Juan Carlos
Bought by
Costa Juan Carlos and Costa Magela

Purchase Details

Closed on
Sep 6, 2000
Sold by
Costa Magela Sylvia
Bought by
Costa Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.98%

Purchase Details

Closed on
Aug 30, 2000
Sold by
Miller Family Trust 11-22-94
Bought by
Costa Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.98%

Purchase Details

Closed on
Nov 28, 1994
Sold by
Dkm Investments Lp
Bought by
Miller Kenneth J and Miller Diane J

Purchase Details

Closed on
Feb 15, 1994
Sold by
Miller Kenneth J and Miller Diane J
Bought by
Dkm Investments Lp

Purchase Details

Closed on
Jun 28, 1991

Purchase Details

Closed on
Dec 9, 1985
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
Tyndall Polly C -- None Available
Tyndall Polly C -- Ticor Title San Diego
Tyndall Polly C $555,500 Ticor Title San Diego
Neill Rebeca O -- Lsi
Neill Rebeca O -- Lsi Title Company
Neill Rebeca O -- None Available
Oneill Rebeca M $490,000 Equity Title San Diego
Carrasco Yolanda -- Southland Title
Carrasco Yolanda $655,000 Southland Title
Musgrove Page $590,000 Multiple
Costa Juan Carlos -- --
Costa Juan Carlos -- Chicago Title Co
Costa Juan Carlos $240,000 Chicago Title Co
Miller Kenneth J -- --
Dkm Investments Lp -- --
-- $201,500 --
-- $127,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tyndall Polly C $416,625
Previous Owner Neill Rebeca O $322,000
Previous Owner Oneill Rebeca M $367,500
Previous Owner Carrasco Yolanda $589,500
Previous Owner Musgrove Page $330,600
Previous Owner Costa Juan Carlos $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2015 10/09/15 Sold $555,500 0.0% $321 / Sq Ft
09/01/2015 09/01/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $555,500 -- $321 / 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 $6,946 $657,592 $491,272 $166,320
2024 $6,946 $644,699 $481,640 $163,059
2023 $6,811 $632,059 $472,197 $159,862
2022 $6,695 $619,667 $462,939 $156,728
2021 $6,580 $607,517 $453,862 $153,655
2020 $6,529 $601,289 $449,209 $152,080
2019 $6,500 $589,500 $440,401 $149,099
2018 $6,337 $577,942 $431,766 $146,176
2017 $6,213 $566,610 $423,300 $143,310
2016 $6,106 $555,500 $415,000 $140,500
2015 $5,775 $525,015 $310,723 $214,292
2014 $5,372 $490,000 $290,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 150033327

California Regional Multiple Listing Service (CRMLS)

APN: 223-020-11