NOT LISTED FOR SALE

29448 Meadow Glen Way W Escondido, CA 92026

Estimated Value: $1,720,000 - $2,160,000

5 Beds
3.5 Baths
4,730 Sq Ft
$394/Sq Ft Est. Value

Last Sold April 03, 2013

Last sale price $850,000 $180 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $11,602/month

255 Days on Market

Highlights

  • Ocean View
  • Maid or Guest Quarters
  • Family Room with Fireplace
  • 1.4 Acre Lot
  • Deck
  • Wood Flooring

About This Home

As of April 2013

Price Reduced-10-24. Panoramic unobstructed veiws of the mountains to the Lagunas with Catalina & the ocean in sight on a clear day. Gorgeous custom residence in gated Rimrock Estates with elegant finish work & views from nearly every room. Master, office, 2nd bedroom & all main living areas are on the entry level. Second level has a game room, two extra rooms + full bath & potential for separate living quarters. A quiet & private location with easy access to all & a great value. Rimrock Estates is a guard gated custom home community perched high above Escondido & Valley Center with stunning panoramic views. The location offers privacy & a peaceful ambience, with easy access to shopping, schools & services. A stone trimmed rotunda style covered entry leads to the oversized alder entry door. Tile flooring with the look of stone set on the diagonal extends through the hallways. The formal living room has a wall of windows, French doors to the view deck, fireplace with tumbled marble face & antique Italian mantle. The spacious formal dining room has an arched view window, tile flooring & carpet insert. The central island kitchen has Labrador antique slab granite countertops, tile backsplash, antiqued white cabinetry, including built-in refrigerator panels, double ovens, microwave, warming oven, cook top, Rohl faucet, mitered view window, huge eating bar, wine cooler, built-in desk & large nook with bay windows + floor mosaic. The family room has a stone & granite trimmed fireplace, built-in bookcases & TV cabinet. A half bath for guests is nearby. Double doors open to the office with built-ins. The master bedroom has an arched view window, sumptuous bath with travertine floors, counters & shower, Ultra Spa tub & walk-in closet + built-ins. The large laundry room has granite counters & is adjacent to the mud room. Bedroom two has it's own bath & deck access. Second level has a huge game room + wood flooring, two extra rooms (Included in the BR count-no closets), a full bath & wrap around covered patio with arches framing the view. Additional amenities include solid wood doors, hand troweled texturing & rounded corners, dual pane & clerestory windows, spot lights, 6" baseboards, arched room entires, upgraded carpeting, high ceilings, 3 heating & A/C zones, rain gutters, two car garage + two parking spaces & lush mature landscaping.

Last Agent to Sell the Property

Barbara Stuart

Windermere Homes & Estates License #00876985 Listed on: 06/11/2012

Last Buyer's Agent

Charles Murch

Berkshire Hathaway HomeServices California Properties License #01264364

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,885

Year Built

  • Built in 2003

Lot Details

  • 1.4 Acre Lot
  • Private Streets
  • Level Lot
  • Private Yard
  • Property is zoned R1

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Uncovered Parking

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Mediterranean Architecture
  • Clay Roof
  • Stucco Exterior
  • Stone Exterior Construction

Interior Spaces

  • 4,730 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Fire Sprinkler System

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Propane Dryer Hookup

Eco-Friendly Details

  • Sprinklers on Timer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Escondido Union School District Elementary And Middle School
  • Escondido Union High School District

Utilities

  • Zoned Heating and Cooling
  • Separate Water Meter
  • Propane Water Heater
  • Septic System
  • Satellite Dish

Community Details

  • Association fees include common area maintenance, gated community
  • Rimrock HOA, Phone Number (858) 946-0320

Listing and Financial Details

  • Assessor Parcel Number 185-412-36-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,885

Year Built

Built in 2003

Lot Details

0

HOA Fees

$175 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Mediterranean/Spanish
  • Residential Styles: Detached
  • Market Area: North County
  • Cross Street: Welk Highland
  • Neighborhood: Rimrock Estates
  • Supplement: Rimrock Estates is a guard gated custom home community perched high above Escondido & Valley Center with stunning panoramic views. The location offers privacy & a peaceful ambience, with easy access to shopping, schools & services. A stone trimmed rotunda style covered entry leads to the oversized alder entry door. Tile flooring with the look of stone set on the diagonal extends through the hallways. The formal living room has a wall of windows, French doors to the view deck, fireplace with tumbled marble face & antique Italian mantle. The spacious formal dining room has an arched view window, tile flooring & carpet insert. The central island kitchen has Labrador antique slab granite countertops, tile backsplash, antiqued white cabinetry, including built-in refrigerator panels, double ovens, microwave, warming oven, cook top, Rohl faucet, mitered view window, huge eating bar, wine cooler, built-in desk & large nook with bay windows + floor mosaic. The family room has a stone & granite trimmed fireplace, built-in bookcases & TV cabinet. A half bath for guests is nearby. Double doors open to the office with built-ins. The master bedroom has an arched view window, sumptuous bath with travertine floors, counters & shower, Ultra Spa tub & walk-in closet + built-ins. The large laundry room has granite counters & is adjacent to the mud room. Bedroom two has it's own bath & deck access. Second level has a huge game room + wood flooring, two extra rooms (Included in the BR count-no closets), a full bath & wrap around covered patio with arches framing the view. Additional amenities include solid wood doors, hand troweled texturing & rounded corners, dual pane & clerestory windows, spot lights, 6" baseboards, arched room entires, upgraded carpeting, high ceilings, 3 heating & A/C zones, rain gutters, two car garage + two parking spaces & lush mature landscaping.
  • Estimated Living Space: 4,000 to 4,999 SqFt
  • LP / Sq Ft: 184.99
  • Price Per Sq Ft: 179.7
  • Residential Unit Location: Detached
  • SP/ Sq Ft: 179.7
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Sub Flooring: Slab on Grade
  • Equipment Available: Dishwasher, Disposal, Fire Sprinklers, Garage Door Opener, Microwave, Range/Oven, Refrigerator, Satellite Dish
  • Fireplaces: 2
  • Fireplace: Fp In Family Room, Fp In Living Room
  • Walls: Drywall
  • Searchable Rooms: Bedroom Entry Level, Bonus Room, Breakfast Area, Dining Room/Separate, Family Room, Formal Entry, Guest Maid, MBR Entry Level, Office
  • Total Bedrooms: 5
  • Bedrooms: 4
  • Master Bedroom Dimensions: 23x16
  • Optional Bedrooms: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 4730
  • Total Bathrooms: 4

Exterior Features

  • Exterior Material: Stone, Stucco
  • Patio: Covered, Deck, Slab
  • Roof: Tile/Clay
  • View: Evening Lights, Mountains/Hills, Ocean, Panoramic
  • Exclusive Use Yard: Yes

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Non Garage Parking: Uncovered
  • Garage Spaces: 2
  • Parking Spaces Total: 4

Utilities

  • Cooling: Central Forced Air, Zoned Area(s)
  • Laundry Utilities: Electric, Propane
  • Sewer/Septic: Septic Installed, Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Propane
  • Heating: Zoned Areas, Forced Air Unit
  • Heating Fuel: Propane
  • Telecommunications: Satellite Dish

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Property Management Company: Prescott Management
  • Community: NORTH ESCONDIDO
  • Home Owner Association: Rimrock HOA
  • Home Owner Association Fee Includes: Common Area Maintenance, Gated Community
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 175.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-946-0320

Fee Information

  • Total Monthly Fees: 175

Schools

  • School District URL: https://www.euhsd.org/
  • Elementary School: Escondido Union School District
  • Elementary School Website: https://eusd.org/
  • High School: Escondido Union High School District
  • Middle School Url: https://eusd.org/
  • Middle School: Escondido Union School District

Lot Info

  • Irrigation: Automatic, Drip, Sprinklers
  • Lot Size: 1+ to 2 AC
  • Site: Private Street, Street Paved
  • Topography: Level, Rolling
  • Water District: VALLEY CENTER MUNICIPAL WATER D
  • Zoning: R1
  • Assessor Parcel Number: 185-412-36-00
  • Water District URL: http://www.vcmwd.org
  • Estimated Number of Acres: 1.4
  • Map Code Column: C
  • Map Code Page: 1089
  • Map Code Row: 2

Tax Info

  • Assessor Parcel Number: 29448MEADOWGLENWAYW92026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2013
Sold by
Fornaca James and Fornaca Linda
Bought by
Fornaca James and Fornaca Linda
Current Estimated Value
$1,890,892

Purchase Details

Listed on
Jun 11, 2012
Closed on
Feb 26, 2013
Sold by
Schultz Robert E and Schultz Pamela
Bought by
Fornaca James and Fornaca Linda
Seller's Agent
Barbara Stuart
Windermere Homes & Estates
Buyer's Agent
Charles Murch
Berkshire Hathaway HomeServices California Properties
List Price
$949,000
Sold Price
$850,000
Premium/Discount to List
-$99,000
-10.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%
Original Mortgage
$417,000
Outstanding Balance
$285,606
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$1,617,410

Purchase Details

Closed on
Sep 8, 2004
Sold by
Schultz Robert E and Schultz Pamela
Bought by
Schultz Robert E and Schultz Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$501,000
Interest Rate
1.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2003
Sold by
Schultz Robert E and Schultz Pamela
Bought by
Schultz Robert E and Schultz Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.73%

Purchase Details

Closed on
May 24, 1994
Sold by
First American Title Insurance Company
Bought by
Teleklew Productions Inc
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
Fornaca James -- None Available
Fornaca James $850,000 Fidelity National Title
Schultz Robert E -- Nations Title Agency Inc
Schultz Robert E -- Nations Title Agency Inc
Schultz Robert E -- --
Schultz Robert E -- Commonwealth Land Title
Teleklew Productions Inc $173,959 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fornaca James $417,000
Previous Owner Schultz Robert E $501,000
Previous Owner Schultz Robert E $375,000
Previous Owner Schultz Robert E $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2013 04/03/13 Sold $850,000 -2.9% $180 / Sq Ft
02/21/2013 02/21/13 Pending -- -- --
02/12/2013 02/12/13 Price Changed $875,000 -1.6% $185 / Sq Ft
10/24/2012 10/24/12 Price Changed $889,000 -1.1% $188 / Sq Ft
09/30/2012 09/30/12 Price Changed $899,000 -5.3% $190 / Sq Ft
06/11/2012 06/11/12 For Sale $949,000 -- $201 / 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 $12,885 $1,084,515 $236,600 $847,915
2024 $12,885 $1,063,251 $231,961 $831,290
2023 $12,571 $1,042,404 $227,413 $814,991
2022 $12,359 $1,021,965 $222,954 $799,011
2021 $12,077 $1,001,928 $218,583 $783,345
2020 $11,968 $991,655 $216,342 $775,313
2019 $11,995 $972,211 $212,100 $760,111
2018 $11,338 $923,149 $207,942 $715,207
2017 $941 $905,049 $203,865 $701,184
2016 $11,098 $887,304 $199,868 $687,436
2015 $10,734 $873,977 $196,866 $677,111
2014 $10,487 $856,858 $193,010 $663,848
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 120029732

San Diego MLS

APN: 185-412-36