NOT LISTED FOR SALE

3109 Cerros Redondos Rancho Santa Fe, CA 92067

Estimated Value: $3,343,000 - $4,945,000

5 Beds
5.5 Baths
5,400 Sq Ft
$796/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $2,075,000 $384 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $26,416/month

101 Days on Market

Highlights

  • Detached Guest House
  • In Ground Pool
  • 2.27 Acre Lot
  • Olivenhain Pioneer Elementary Rated A
  • City Lights View
  • Maid or Guest Quarters

About This Home

As of July 2016

PARADISE FOUND! Welcome to Rancho Santa Fe's best kept secret. Situated within the gates of South Pointe Farms, this 5 bed/5 bath residence on 2 + acres, is the epitome of European living. An impressive driveway, flanked by roses and lavender, leads to a circular entrance court.The large, airy hall with graceful curved stairway opens to a formal dining and living room, entirely paneled with a rare butternut walnut. The kitchen is fully equipped with new appliances, and is adjacent to...see suppl.. a warm family room, and spacious breakfast area. Also located on the main floor is a paneled office, and a light filled, unique, circular room ideal for many uses..playroom, art studio, work out room, office. Upstairs is the large, romantic beamed master suite with french doors that invite views over the spectacular gardens and beyond. 3 other over sized bedrooms also enjoy countryside scenes. Above the detached 3 car garage is a very spacious apartment with wood floors, renovated bathroom, and ample storage. The southern exposure not only floods this home with sunlight, but encourages the absolute blast of color that pervades year round in one of the most beautiful gardens in Rancho Santa Fe. Planted, and meticulously tended by owners, it offers a vast array of flowers, shrubs, and trees providing a magical setting for this unique home. Water usage is very low, since the garden is on a drip system. Most rooms open on the terrace and private pool area, the perfect place for alfresco entertaining. This is a haven of peace and quiet, yet minutes to beaches, shopping, and freeways! NO MELLO ROOS! LOW HOA FEE $150 PER MONTH!! Buyer and Buyer's agent to verify all before close of escrow.

Last Listed By

Eilis McKay

Compass License #01271440 Listed on: 03/21/2016

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,347

Year Built

  • Built in 1988

Lot Details

  • 2.27 Acre Lot
  • Partially Fenced Property
  • Level Lot

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • City Lights
  • Mountain
  • Park or Greenbelt

Home Design

  • Concrete Roof
  • Stucco Exterior

Interior Spaces

  • 5,400 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Formal Entry
  • Family Room
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Home Gym

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Propane Dryer Hookup

Pool

  • In Ground Pool
  • Pool Equipment or Cover

Utilities

  • Zoned Heating
  • Separate Water Meter

Additional Features

  • Shed
  • Detached Guest House

Community Details

  • Association fees include common area maintenance, gated community
  • South Pointe Farms HOA, Phone Number (760) 431-0148

Listing and Financial Details

  • Assessor Parcel Number 265-412-12-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,347

Year Built

Built in 1988

Lot Details

0

HOA Fees

$150 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Coastal North
  • Cross Street: Flores De Oro
  • Neighborhood: South Pointe Farms
  • Supplement: a warm family room, and spacious breakfast area. Also located on the main floor is a paneled office, and a light filled, unique, circular room ideal for many uses..playroom, art studio, work out room, office. Upstairs is the large, romantic beamed master suite with french doors that invite views over the spectacular gardens and beyond. 3 other over sized bedrooms also enjoy countryside scenes. Above the detached 3 car garage is a very spacious apartment with wood floors, renovated bathroom, and ample storage. The southern exposure not only floods this home with sunlight, but encourages the absolute blast of color that pervades year round in one of the most beautiful gardens in Rancho Santa Fe. Planted, and meticulously tended by owners, it offers a vast array of flowers, shrubs, and trees providing a magical setting for this unique home. Water usage is very low, since the garden is on a drip system. Most rooms open on the terrace and private pool area, the perfect place for alfresco entertaining. This is a haven of peace and quiet, yet minutes to beaches, shopping, and freeways! NO MELLO ROOS! LOW HOA FEE $150 PER MONTH!! Buyer and Buyer's agent to verify all before close of escrow.
  • LP / Sq Ft: 435.19
  • Price Per Sq Ft: 384.26
  • SP/ Sq Ft: 384.26
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 1988
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Disposal, Garage Door Opener, Microwave, Pool/Spa/Equipment, Range/Oven, Refrigerator, Shed(s), Vacuum/Central
  • Searchable Rooms: Bonus Room, Breakfast Area, Den, Dining Room/Separate, Exercise Room, Family Room, Formal Entry, Guest Maid, Office
  • Total Bedrooms: 5
  • Bedrooms: 5
  • Master Bedroom Dimensions: 26x18
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 5400
  • Total Bathrooms: 6

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Guest House: Detached
  • Pool: Below Ground, Private
  • Roof: Concrete
  • View: Evening Lights, Mountains/Hills, Parklike

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 3
  • Non Garage Parking: Driveway
  • Garage Spaces: 12
  • Parking Spaces Total: 15

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric, Propane
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Zoned Areas
  • Heating Fuel: Propane

Condo/Co-op/Association

  • Total Fees: 1800.0
  • Property Management Company: Bruener & Rossi
  • Property Management Phone: 760-431-0148
  • Community: RANCHO SANTA FE
  • Home Owner Association: South Pointe Farms HOA
  • Home Owner Association Fee Includes: Common Area Maintenance, Gated Community
  • Home Owner Association Fee Reflects: Year
  • Home Owner Association Fees: 1800.0
  • HOA Payment Frequency: Annual
  • Home Owner Association Phone: 760-431-0148

Fee Information

  • Total Monthly Fees: 150

Lot Info

  • Lot Size: 2+ to 4 AC
  • Topography: Level, Slope Gentle
  • Water District: OLIVENHAIN MUNICAL WATER DISTRI
  • Assessor Parcel Number: 265-412-12-00
  • Water District URL: http://www.olivenhain.com
  • Estimated Number of Acres: 2.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2021
Sold by
Wang Jenessy Lee and Wang Enoch Joseph
Bought by
Wang Jenessy Lee and Wang Enoch Joseph
Total Days on Market
101
Current Estimated Value
$4,300,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,501,200
Outstanding Balance
$1,375,782
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,886,678

Purchase Details

Closed on
Mar 24, 2017
Sold by
Wang Enoch J and Wang Jenessy L
Bought by
Wang Jenessy Lee and Wang Enoch Joseph

Purchase Details

Listed on
Mar 21, 2016
Closed on
Jul 11, 2016
Sold by
Corless Stephen W and Corless Shirley
Bought by
Wang Enoch J and Wang Janessy L
Seller's Agent
Eilis McKay
Compass
Buyer's Agent
Kerry Shine
Berkshire Hathaway HomeService
List Price
$2,350,000
Sold Price
$2,075,000
Premium/Discount to List
-$275,000
-11.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Original Mortgage
$1,653,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 29, 1998
Sold by
Mckay Cornelius E and Mckay Esther E
Bought by
Corless Stephen W and Corless Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.19%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 19, 1986

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
Wang Jenessy Lee -- Amrock Llc
Wang Jenessy Lee -- None Available
Wang Enoch J $2,075,000 First American Title
Corless Stephen W $1,175,000 Chicago Title Co
-- $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Jenessy Lee $1,501,200
Closed Wang Enoch J $1,653,000
Previous Owner Mckay Cornelius $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2016 07/15/16 Sold $2,075,000 -11.7% $384 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $2,350,000 -- $435 / 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 $26,347 $2,360,990 $1,365,392 $995,598
2023 $25,626 $2,314,697 $1,338,620 $976,077
2022 $25,142 $2,269,312 $1,312,373 $956,939
2021 $24,845 $2,224,817 $1,286,641 $938,176
2020 $24,552 $2,202,006 $1,273,449 $928,557
2019 $24,068 $2,158,830 $1,248,480 $910,350
2018 $23,637 $2,116,500 $1,224,000 $892,500
2017 $23,230 $2,075,000 $1,200,000 $875,000
2016 $3,678 $240,003 $82,405 $157,598
2015 $3,485 $236,399 $81,168 $155,231
2014 $3,430 $231,770 $79,579 $152,191
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 160015077

San Diego MLS

APN: 265-412-12