NOT LISTED FOR SALE

2972 Elm Tree Ct Spring Valley, CA 91978

Estimated Value: $480,000 - $514,575

2 Beds
2 Baths
916 Sq Ft
$422/mo HOA Fee

Last Sold September 12, 2023

Last sale price $485,000 $529 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,613/month

6 Days on Market

About This Home

As of September 2023

Open Spacious Well Maintained Condo in Private Community of Ranchwood. Newer Appliances, NO STAIRS TO UNIT, Dual Sliding Glass Doors from Living Rm & Primary Suite invite indoor outdoor living. Fireplace in Living Rm, Lots of windows! Bedrooms on opposite sides for privacy. Quiet complex w/ Tennis/Pickleball, Beautiful Pool & Spa, Large Grass Park area w/ Bar BQ's, Carport Parking and storage plus extra uncovered space. Stackable Washer Dryer in Unit. Complex is approved VA/FHA. Enjoy Private South facing Patio!

Last Agent to Sell the Property

Michael Raleigh

Billings Property Managment & Realty License #01208117 Listed on: 08/16/2023

Co-Listed By

Deborah Raleigh

Billings Property Managment & Realty License #00925606

Last Buyer's Agent

Amanda Abruzzo-Cooke

Real Broker License #02111333

Real Broker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,369

Year Built

  • Built in 1985

Lot Details

  • 1.49

HOA Fees

  • $422 Monthly HOA Fees

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

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

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Assigned Parking

Additional Features

  • Spa
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 506-110-11-11

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), limited insurance, roof maintenance, sewer, trash pickup, water
  • 12 Units
  • Ranchwood Association, Phone Number (619) 589-6222
  • Ranchwood Community

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,369

Year Built

Built in 1985

Lot Details

0

HOA Fees

$422 per month

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: East County
  • Cross Street: Calavo
  • Neighborhood: Spring Valley
  • LP / Sq Ft: 518.56
  • Price Per Sq Ft: 529.48
  • SP/ Sq Ft: 529.48
  • Stories: 1 Story
  • Stories In Building: 3
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1985
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Gas Stove, Counter Top, Gas Cooking
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 14x12
  • Full Bathrooms: 2
  • Laundry Location: Kitchen
  • Estimated Sq Ft: 916
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Pool: Below Ground, Community/Common
  • Roof: Composition
  • Spa: Community/Common, Yes

Garage/Parking

  • Non Garage Parking: Assigned
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Fireplace, Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Complex Name: Ranchwood
  • Total Fees: 5064.0
  • Pets Allowed: Yes
  • Units In Building: 12
  • Total Number of Units: 325
  • Community: RANCHO SAN DIEGO
  • Home Owner Association: Ranchwood
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Limited Insurance, Roof Maintenance, Sewer, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 422.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619 589-6222

Association/Amenities

  • Entry Level Unit: 2

Fee Information

  • Total Monthly Fees: 422

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 506-110-11-11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2023
Closed on
Aug 28, 2023
Sold by
Donovan Gabriel L and Donovan Vanessa
Bought by
Almazan Christopher Aquino and Almazan Marissa Anahi
Seller's Agent
Michael Raleigh
Billings Property Managment & Realty
Buyer's Agent
Amanda Abruzzo-Cooke
Real Broker
List Price
$475,000
Sold Price
$485,000
Premium/Discount to List
$10,000
2.11%
Views
54
Current Estimated Value
$501,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,394
Avg. Annual Appreciation
2.06%
Original Mortgage
$388,000
Outstanding Balance
$381,396
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$121,447

Purchase Details

Listed on
Sep 24, 2020
Closed on
Nov 6, 2020
Sold by
Pajimola Elmer
Bought by
Donovan Gabriel L and Chavez Vanessa
Seller's Agent
Scott C. Hodge
Homeport Residential
Buyer's Agent
Michael Hosseini
eXp Realty of California, Inc.
List Price
$325,000
Sold Price
$326,000
Premium/Discount to List
$1,000
0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.24%
Original Mortgage
$333,498
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Listed on
Jul 26, 2017
Closed on
Aug 9, 2017
Sold by
Ryback Jeffrey
Bought by
Pajimola Elmer
Seller's Agent
Kimo Quance
Keller Williams Realty
Buyer's Agent
Scott C. Hodge
Homeport Residential
List Price
$279,000
Sold Price
$289,900
Premium/Discount to List
$10,900
3.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%
Original Mortgage
$289,900
Interest Rate
3.92%
Mortgage Type
VA

Purchase Details

Listed on
Feb 1, 2014
Closed on
Mar 18, 2014
Sold by
Rivera Purnima
Bought by
Ryback Jeffrey
Seller's Agent
Victor Ibarra
Coldwell Banker West
Buyer's Agent
Robert Acuna
Rise Realty
List Price
$210,000
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.10%
Original Mortgage
$214,515
Interest Rate
4.35%
Mortgage Type
VA

Purchase Details

Closed on
Apr 12, 2011
Sold by
Sumpter Barbara and Rivera Purnima
Bought by
Rivera Purnima

Purchase Details

Closed on
Jun 22, 2010
Sold by
Sumpter Denis Michael
Bought by
Sumpter Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,925
Interest Rate
4.71%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 2010
Sold by
Heiser Mark
Bought by
Rivera Purnima and Sumpter Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,925
Interest Rate
4.71%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 1998
Sold by
Heiser Mark Sylvester
Bought by
Heiser Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,600
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 1996
Sold by
Weber Diane M
Bought by
Heiser Mark S

Purchase Details

Closed on
Jun 30, 1986
Source: Public Records

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Range of Values:

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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
Almazan Christopher Aquino $485,000 Fidelity National Title
Donovan Gabriel L $326,000 Fidelity National Title
Pajimola Elmer $290,000 First American Title
Ryback Jeffrey $210,000 First American Title San Die
Rivera Purnima -- None Available
Sumpter Barbara -- Equity Title Company
Rivera Purnima $140,000 Equity Title Company
Heiser Mark -- Lawyers Title Company
Heiser Mark S -- --
-- $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Almazan Christopher Aquino $388,000
Previous Owner Donovan Gabriel L $333,498
Previous Owner Pajimola Elmer $289,900
Previous Owner Ryback Jeffrey $218,982
Previous Owner Ryback Jeffrey $214,515
Previous Owner Rivera Purnima $132,925
Previous Owner Heiser Mark $50,000
Previous Owner Heiser Mark $54,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2023 09/12/23 Sold $485,000 +2.1% $529 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
08/16/2023 08/16/23 For Sale $475,000 +45.7% $519 / Sq Ft
11/24/2020 11/24/20 Sold $326,000 0.0% $356 / Sq Ft
10/10/2020 10/10/20 Price Changed $326,000 +0.3% $356 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
10/06/2020 10/06/20 Price Changed $325,000 0.0% $355 / Sq Ft
10/06/2020 10/06/20 For Sale $325,000 -1.5% $355 / Sq Ft
10/03/2020 10/03/20 Pending -- -- --
10/03/2020 10/03/20 Price Changed $330,000 +1.5% $360 / Sq Ft
09/24/2020 09/24/20 For Sale $325,000 +12.1% $355 / Sq Ft
09/06/2017 09/06/17 Sold $289,900 +3.9% $316 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
07/26/2017 07/26/17 For Sale $279,000 +32.9% $305 / Sq Ft
05/01/2014 05/01/14 Sold $210,000 0.0% $229 / Sq Ft
04/02/2014 04/02/14 Pending -- -- --
02/01/2014 02/01/14 For Sale $210,000 -- $229 / 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 $6,369 $485,000 $183,500 $301,500
2023 $4,641 $339,169 $128,325 $210,844
2022 $4,548 $332,519 $125,809 $206,710
2021 $4,498 $326,000 $123,343 $202,657
2020 $4,161 $301,610 $114,115 $187,495
2019 $4,105 $295,697 $111,878 $183,819
2018 $3,997 $289,900 $109,685 $180,215
2017 $3,141 $221,808 $83,922 $137,886
2016 $2,998 $217,460 $82,277 $135,183
2015 $2,980 $214,195 $81,042 $133,153
2014 $2,071 $146,316 $55,360 $90,956
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230015955

San Diego MLS

APN: 506-110-11-11