NOT LISTED FOR SALE

Estimated Value: $2,675,000 - $3,001,000

4 Beds
3.5 Baths
3,071 Sq Ft
$909/Sq Ft Est. Value

Last Sold June 07, 2023

Last sale price $2,360,350 $769 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $16,994/month

5 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Main Floor Bedroom
  • 3 Car Direct Access Garage
  • Solana Highlands Elementary School Rated A
  • Neighborhood Views
  • 5-minute walk to Solana Highlands Park

About This Home

As of June 2023

Nestled in the heart of the desirable Carmel Valley community in San Diego, 3116 Lower Ridge is a stunning 4-bedroom, 3.5-bathroom home that's sure to impress. From the moment you arrive, you'll be enchanted by the property's curb appeal, featuring a beautifully landscaped yard and a newly painted exterior. Inside, the home has been fully refreshed, with brand new carpets and new paint throughout. With tall ceilings and recessed lighting, you'll feel a sense of spaciousness and warmth as soon as you step through the front door. The first floor features a private bedroom suite, perfect for guests or for an office space, while the upstairs offers a luxurious master suite complete with a fireplace, 2 walk-in closets and a spacious ensuite bathroom. The kitchen opens up to your family room and features dual ovens, a coffered ceiling, and a wet bar that's perfect for entertaining guests. Outside, the property boasts one of the largest and most manicured lawns in the area, making it perfect for outdoor playtime and gatherings and room for a pool. You'll be just minutes away from some of San Diego's most popular spots, such as the upscale One Paseo shopping center, the Sky Deck entertainment hub, and the Del Mar Highlands Town Center with its array of shops and restaurants. And, of course, you're just a short drive from the world-renowned beaches of Del Mar. The location within the coveted Carmel Valley community makes this home very special. Known for its top-rated schools, gorgeous parks, and welcoming atmosphere, this neighborhood is truly a hidden gem in San Diego. Your family will have access to nearby parks such as the Solana Highlands Park and Overlook Park, where you can enjoy a picnic, play sports, or simply take a relaxing stroll. And for families with school-aged children, you'll be thrilled to know that this property is located within the highly-regarded Torrey Pines High School zone in the San Dieguito School District. With easy access to I-5, getting around will be a breeze, making this home an excellent choice for anyone looking to enjoy all that San Diego has to offer. Don't miss out on the opportunity to make this house your home and experience the vibrant community of Carmel Valley in San Diego!

Last Agent to Sell the Property

Khaki Wennstrom

Compass License #02082592 Listed on: 05/12/2023

Compass

Last Buyer's Agent

Nir Aloni

Aloni Real Estate Group License #01140787

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,800

Year Built

  • Built in 1985

Lot Details

  • 8,346 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R-1:SINGLE FAM-RES

HOA Fees

  • $45 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Driveway

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,071 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Utilities

  • Central Air
  • No Heating

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Tract Number 10395
  • Assessor Parcel Number 3041222400

Community Details

Overview

  • Del Mar Highlands Neighborhood HOA, Phone Number (800) 232-7517

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,800

Year Built

Built in 1985

Lot Details

0

HOA Fees

$45 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 3041222400
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3071.00 Square Feet
  • Stories: 2
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 768.59
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Walk-In Closet

Exterior Features

  • View: Neighborhood
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage Faces Front, Garage - Two Door
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules, Management
  • Association Fee: 45.00
  • Association Fee Frequency: Monthly
  • Association Name: Del Mar Highlands Neighborhood HOA
  • Phone: 8002327517
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Schools

  • School District: San Dieguito Union

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8346.00
  • Lot Size Acres: 0.1916

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8346.0000 Square Feet
  • Number Of Units In Community: 500

Tax Info

  • Tax Tract Number: 010395

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Jun 6, 2023
Sold by
Ganna Mitskevych
Bought by
Magoon Vikram
Seller's Agent
Khaki Wennstrom
Compass
Buyer's Agent
Nir Aloni
Aloni Real Estate Group
List Price
$2,399,000
Sold Price
$2,360,350
Premium/Discount to List
-$38,650
-1.61%
Views
31
Current Estimated Value
$2,791,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,932
Avg. Annual Appreciation
7.40%
Original Mortgage
$1,380,000
Outstanding Balance
$1,336,007
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$1,455,275

Purchase Details

Listed on
May 12, 2023
Closed on
May 19, 2023
Sold by
K And J California Properties Llc
Bought by
Magoon Vikram
Seller's Agent
Khaki Wennstrom
Compass
Buyer's Agent
Nir Aloni
Aloni Real Estate Group
List Price
$2,399,000
Sold Price
$2,360,350
Premium/Discount to List
-$38,650
-1.61%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,380,000
Outstanding Balance
$1,336,007
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$1,455,275

Purchase Details

Closed on
Jan 7, 2010
Sold by
Caccavo James A and Caccavo Kimberly J
Bought by
K & J California Properties Llc

Purchase Details

Closed on
Mar 22, 2007
Sold by
Schrimmer David B
Bought by
Caccavo James A and Caccavo Kimberly J

Purchase Details

Closed on
Oct 12, 2005
Sold by
Schrimmer David B
Bought by
Schrimmer David B

Purchase Details

Closed on
Aug 8, 1997
Sold by
Chortkoff Dana
Bought by
Schrimmer David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,500
Interest Rate
7.61%

Purchase Details

Closed on
Jul 28, 1997
Sold by
Hawkins John J and Hawkins Mariann L
Bought by
Schrimmer David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,500
Interest Rate
7.61%

Purchase Details

Closed on
Dec 12, 1996
Sold by
Hawkins John J and Hawkins Mariann L
Bought by
Hawkins John J and Hawkins Mariann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
7.76%

Purchase Details

Closed on
Feb 17, 1987

Purchase Details

Closed on
Jul 6, 1984
Source: Public Records

Range of Values:

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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
Magoon Vikram -- Fidelity National Title
Magoon Vikram $2,360,500 Fidelity National Title
K & J California Properties Llc -- None Available
Caccavo James A -- None Available
Caccavo James A -- None Available
Caccavo James A $970,000 First American Title
Schrimmer David B -- --
Schrimmer David B -- First American Title
Schrimmer David B $454,000 First American Title Co
Hawkins John J -- Fidelity National Title
-- $27,000 --
-- $209,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magoon Vikram $1,380,000
Previous Owner Schrimmer David B $340,500
Previous Owner Hawkins John J $53,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2023 06/07/23 Sold $2,360,350 -1.6% $769 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $2,399,000 -- $781 / 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 $25,800 $2,455,708 $1,950,750 $504,958
2024 $25,800 $2,407,557 $1,912,500 $495,057
2023 $13,410 $1,224,605 $744,864 $479,741
2022 $13,192 $1,224,605 $744,864 $479,741
2021 $12,962 $1,200,594 $730,259 $470,335
2020 $12,849 $1,188,285 $722,772 $465,513
2019 $12,603 $1,164,986 $708,600 $456,386
2018 $12,364 $1,142,144 $694,706 $447,438
2017 $12,155 $1,119,750 $681,085 $438,665
2016 $11,424 $1,097,795 $667,731 $430,064
2015 $11,254 $1,081,307 $657,702 $423,605
2014 $10,146 $975,000 $596,000 $379,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2303530

California Regional Multiple Listing Service (CRMLS)

APN: 304-122-24