NOT LISTED FOR SALE

2952 Elm Tree Ct Spring Valley, CA 91978

Estimated Value: $477,000 - $571,000

2 Beds
2 Baths
916 Sq Ft
$463/mo HOA Fee

Last Sold January 11, 2024

Last sale price $505,000 $551 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,341/month

5 Days on Market

Highlights

  • In Ground Pool
  • Walk-In Closet
  • Laundry Room
  • Mountain View
  • Park
  • Community Barbecue Grill

About This Home

As of January 2024

Perfect home for first-time buyers or investors. This move-in ready, end-unit property offers a spacious floor plan with two full bedrooms and bathrooms, large living room with cozy fireplace, a private balcony with open views and no stairs. The fully remodeled kitchen is the show-stopper, complete with new cabinets, quartz countertops, a classic subway backsplash and stainless steel appliances. This home features central A/C, in-unit stacked washer/dryer, luxury vinyl plank flooring and plantation shutters. Parking is a breeze with one assigned carport space and a large outdoor storage area. Located in the desirable Ranchwood Park community with easy access to shopping, dining, parks, and more! Enjoy low HOA fees that include a sparkling pool, hot tub, tennis courts, large greenbelt space with BBQs, walking path, lush lawns and mature trees. Ranchwood Park is FHA and VA approved. New community park is set to open in 2025 which will provide multiple recreation spaces, including pickleball, basketball, baseball, skate park, dog park, picnic areas, playground and so much more all within walking distance. Buyers and buyer’s agents to verify all in MLS prior to COE.

Last Agent to Sell the Property

Nadia Colucci

North Compass Realty License #01333604 Listed on: 12/07/2023

North Compass Realty

Co-Listed By

Anne Benitez

North Compass Realty License #01433902

Last Buyer's Agent

Rosa Cisneros

Finest City Homes License #01947627

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1986

Lot Details

  • 1 Common Wall

HOA Fees

  • $463 Monthly HOA Fees

Property Views

  • Mountain
  • Park or Greenbelt

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 916 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Stacked Washer and Dryer

Parking

  • 1 Parking Space
  • 1 Carport Space

Pool

  • In Ground Pool
  • Fence Around Pool

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Tax Tract Number 1128
  • Assessor Parcel Number 5061101121

Community Details

Overview

  • 325 Units
  • Ranchwood Park Association, Phone Number (619) 589-6222
  • Helm Mgmt. HOA
  • Ranchwood Park

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Pool
  • Community Spa
  • Park

Property Details

Home Type

Condominium

Year Built

Built in 1986

Lot Details

0

HOA Fees

$463 per month

Listing Details

  • Assessments: Yes
  • Inclusions: Washer & Dryer, Refrigerator
  • Park Name: Ranchwood Park
  • Property Attached: Yes
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5061101121
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 916.00
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 551.31
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Walk-In Closet

Exterior Features

  • View: Mountain(s), Park/Greenbelt
  • Fence: No
  • Pool Features: Community, Fenced, In Ground
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Dryer Included, In Kitchen, Inside, Stackable, Washer Included
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Picnic Area, Pool, Spa/Hot Tub
  • Association Fee: 463.00
  • Association Fee Frequency: Monthly
  • Association Name: Ranchwood Park
  • Phone: 619-589-6222
  • Senior Community: No
  • Community Features: Park
  • Association Management: Helm Mgmt.

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 325

Tax Info

  • Tax Tract Number: 01128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2023
Closed on
Dec 14, 2023
Sold by
Pohlson Amy
Bought by
Gray Shawn Richard and Becker Patricia Judith
Seller's Agent
Nadia Colucci
North Compass Realty
Buyer's Agent
Rosa Cisneros
Finest City Homes
List Price
$485,000
Sold Price
$505,000
Premium/Discount to List
$20,000
4.12%
Views
136
Current Estimated Value
$513,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,821
Avg. Annual Appreciation
0.85%
Original Mortgage
$515,857
Outstanding Balance
$506,824
Interest Rate
7.22%
Mortgage Type
VA
Estimated Equity
$6,997

Purchase Details

Closed on
Jul 29, 1993
Sold by
Cisneros Henry G
Bought by
Winnie Cathy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.2%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 1986
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gray Shawn Richard $505,000 First American Title
Winnie Cathy L $77,000 Orange Coast Title
-- $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Shawn Richard $515,857
Previous Owner Winnie Cathy L $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2024 01/11/24 Sold $505,000 +4.1% $551 / Sq Ft
12/12/2023 12/12/23 Pending -- -- --
12/07/2023 12/07/23 For Sale $485,000 -- $529 / 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 $2,524 $515,099 $216,876 $298,223
2024 $2,524 $158,264 $66,635 $91,629
2023 $2,359 $155,162 $65,329 $89,833
2022 $2,300 $152,121 $64,049 $88,072
2021 $2,279 $149,140 $62,794 $86,346
2020 $2,220 $147,612 $62,151 $85,461
2019 $2,187 $144,719 $60,933 $83,786
2018 $2,108 $141,883 $59,739 $82,144
2017 $2,040 $139,102 $58,568 $80,534
2016 $1,939 $136,375 $57,420 $78,955
2015 $1,925 $134,328 $56,558 $77,770
2014 $1,893 $131,698 $55,451 $76,247
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2309324

California Regional Multiple Listing Service (CRMLS)

APN: 506-110-11-21