$450,000
SOLD SEP 19, 2022

2924 Elm Tree Ct Spring Valley, CA 91978

2 Beds
2 Baths
916 Sq Ft
$397/mo HOA Fee

Recently Sold

$491 Per Sq Ft

2% Above List Price

5 Days on Market

Highlights

  • 1.49 Acre Lot
  • Property Near a Canyon
  • High Ceiling
  • Mountain View
  • End Unit
  • Community Pool

About This Home

As of September 2022

Light & bright TOP FLOOR, END UNIT with vaulted ceilings, open floor plan and stunning mountain views from private balcony! This one-story condo with an ideal layout has 2 bedrooms, 2 full bathrooms, a carport and washer/dryer in unit. Washer/dryer ($1,500) and HVAC system ($8,000) replaced in 2021. New electrical panel ($2,500)! Condo has laminate flooring throughout and a beautiful brick fireplace in the living room. Fall in love with Ranchwood Community! Amenities include: pool, hot tub, tennis courts, BBQ areas and green space. County of San Diego Parks and Rec creating Calavo County Park behind this unit! Approved and funded already. See SDParks website for details. Ranchwood Community is located just 2 miles from Sweetwater River Trail for hiking/walking/biking and leading to the San Diego National Wildlife Refuge. It's also 2 miles from the McGrath Family YMCA, Cuyamaca College, Regal Cinemas movie theater, Target and many other shops and restaurants. Easy access to the 94 & the 54 too! About a 25 mins drive and you can be on the beach!

Last Agent to Sell the Property

Izamar Cazessus

eXp Realty of Southern California, Inc. License #02108611 Listed on: 08/20/2022

eXp Realty of Southern California, Inc.

Co-Listed By

Emily Holmes

Keller Williams San Diego Metro License #02024888

Last Buyer's Agent

Melinda DiPerna

Keller Williams Realty License #01809497

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,140

Year Built

  • Built in 1986

Lot Details

  • Property Near a Canyon
  • End Unit
  • 1 Common Wall
  • Landscaped

HOA Fees

  • $397 Monthly HOA Fees

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 916 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Living Room with Fireplace
  • Linoleum Flooring
  • Mountain Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Full Size Washer or Dryer
  • Stacked Washer and Dryer

Home Security

Parking

  • 1 Parking Space
  • Carport
  • Guest Parking

Outdoor Features

  • Living Room Balcony

Utilities

  • Gas Water Heater
  • Prewired Cat-5 Cables
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 506-110-11-37

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, hot water, roof maintenance, sewer, trash pickup, water
  • 9 Units
  • Ranchwood Park Association, Phone Number (619) 589-6222
  • Ranchwood Community

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,140

Year Built

Built in 1986

Lot Details

0

HOA Fees

$397 per month

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: East County
  • Cross Street: Calavo Dr & Ranchwood Dr.
  • Neighborhood: Rancho San Diego
  • LP / Sq Ft: 480.35
  • Price Per Sq Ft: 491.27
  • Residential Unit Location: No Unit Above, End Unit, 1 common wall
  • SP/ Sq Ft: 491.27
  • Stories: 1 Story
  • Stories In Building: 3
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Balcony, High Ceilings (9 Feet+), Living Room Balcony
  • Flooring: Linoleum/Vinyl
  • Equipment Available: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Gas Stove
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Searchable Rooms: Kitchen, Living Room, Master Bathroom, Walk-In Closet
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 14x13
  • Full Bathrooms: 2
  • Laundry Location: Closet Full Sized, Closet Stacked, Kitchen
  • Estimated Sq Ft: 916
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco, Wood
  • Frontage: Canyon
  • Patio: Balcony
  • Pool: Community/Common
  • Roof: Composition
  • Spa: Community/Common
  • View: Mountains/Hills, Pool

Garage/Parking

  • Non Garage Parking: Carport, Guest Parking
  • Garage Spaces: 1
  • Parking Spaces Total: 1

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Gas
  • Security: Carbon Monoxide Detectors, Fire/Smoke Detection Sys
  • Sewer/Septic: Sewer Connected
  • Water Heater Type: Gas
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas
  • Telecommunications: Cable (coaxial), Computer (cat5)

Condo/Co-op/Association

  • Complex Name: Ranchwood
  • Units In Building: 9
  • Total Number of Units: 325
  • Property Management Company: J.D. Richardson Company
  • Property Management Phone: 619-234-9884
  • Community: RANCHO SAN DIEGO
  • Complex Features: Tennis Courts, Pool, Spa/Hot Tub
  • Home Owner Association: Ranchwood Park
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Hot Water, Roof Maintenance, Sewer, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 397.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619-589-6222
  • Association Amenities: Pet Rules, Spa, Pool

Association/Amenities

  • Entry Level Unit: 3

Fee Information

  • Total Monthly Fees: 397

Lot Info

  • Lot Size: 0 (Common Interest)
  • Site: Sidewalks, Landscaped
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 506-110-11-37
  • Estimated Lot Sq Ft: 64796
  • Estimated Number of Acres: 1.49
  • Map Code Column: G
  • Map Code Page: 1271
  • Map Code Row: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2019
Closed on
Mar 26, 2019
Sold by
Casafranca Gladys
Bought by
Casafranca Christopher T
Seller's Agent
Tim Turnage
Coldwell Banker West
Buyer's Agent
Eduardo Ortega
Big Block Realty, Inc
List Price
$275,000
Sold Price
$281,000
Premium/Discount to List
$6,000
2.18%
Current Estimated Value
$515,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,732
Avg. Annual Appreciation
10.26%
Original Mortgage
$264,550
Outstanding Balance
$234,473
Interest Rate
4.3%
Mortgage Type
FHA
Estimated Equity
$281,841

Purchase Details

Listed on
Feb 14, 2019
Closed on
Feb 22, 2019
Sold by
Miles Roy A and Miles Rita M
Bought by
Casafranca Christopher T
Seller's Agent
Tim Turnage
Coldwell Banker West
Buyer's Agent
Eduardo Ortega
Big Block Realty, Inc
List Price
$275,000
Sold Price
$281,000
Premium/Discount to List
$6,000
2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,550
Outstanding Balance
$234,473
Interest Rate
4.3%
Mortgage Type
FHA
Estimated Equity
$281,841

Purchase Details

Closed on
Dec 22, 2017
Sold by
Miles Roy A
Bought by
Miles Roy A and Miles Rita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.95%
Mortgage Type
VA

Purchase Details

Closed on
Dec 28, 2004
Sold by
Miles Rita M
Bought by
Miles Roy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,700
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 1999
Sold by
Miles Roy A
Bought by
Miles Roy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,157
Interest Rate
6.63%
Mortgage Type
VA

Purchase Details

Closed on
Mar 23, 1994
Sold by
Miles Roy A and Miles Sandra M
Bought by
Miles Roy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,902
Interest Rate
7.15%
Mortgage Type
VA

Purchase Details

Closed on
Mar 18, 1992

Purchase Details

Closed on
Jan 27, 1989

Purchase Details

Closed on
Mar 28, 1986
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Ticor Title San Diego Branch
Grant Deed $281,000 Ticor Title San Diego Branch
Interfamily Deed Transfer -- American Coast Title Company
Interfamily Deed Transfer -- Ticor Title Company
Interfamily Deed Transfer -- South Coast Title Co
Quit Claim Deed -- California Coast Title
Deed $99,900 --
Deed $85,000 --
Deed $76,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $264,550 FHA
Previous Owner $200,000 VA
Previous Owner $125,000 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $110,700 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $112,000 Unknown
Previous Owner $98,157 VA
Previous Owner $100,902 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Sold $450,000 +2.3% $491 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
08/20/2022 08/20/22 For Sale $440,000 +56.6% $480 / Sq Ft
03/28/2019 03/28/19 Sold $281,000 +2.2% $307 / Sq Ft
02/21/2019 02/21/19 Pending -- -- --
02/14/2019 02/14/19 For Sale $275,000 -- $300 / 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
2024 $6,140 $459,000 $187,214 $271,786
2023 $5,810 $437,000 $178,000 $259,000
2022 $4,102 $295,379 $120,478 $174,901
2021 $4,058 $289,588 $118,116 $171,472
2020 $3,981 $286,619 $116,905 $169,714
2019 $2,437 $158,340 $64,583 $93,757
2018 $2,356 $155,236 $63,317 $91,919
2017 $2,287 $152,193 $62,076 $90,117
2016 $2,178 $149,209 $60,859 $88,350
2015 $2,163 $146,968 $59,945 $87,023
2014 $2,129 $144,090 $58,771 $85,319
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220021671

San Diego MLS

APN: 506-110-11-37