NOT LISTED FOR SALE

3997 Rancho Summit Dr Encinitas, CA 92024

Olivenhain Neighborhood

Estimated Value: $3,917,677 - $4,453,000

5 Beds
5.5 Baths
5,169 Sq Ft
$809/Sq Ft Est. Value

Last Sold November 17, 2021

Last sale price $2,932,928 $567 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $25,031/month

178 Days on Market

Highlights

  • New Construction
  • Outdoor Fireplace
  • Bonus Room
  • Olivenhain Pioneer Elementary Rated A
  • Main Floor Bedroom
  • Great Room

About This Home

As of November 2021

New construction at One Oak within Olivenhain in Encinitas anticipated move in fall 2021. Spectacular views and the last semi-custom home available by Shea Homes in One Oak. This stunning home offers an acre in-a-half property, two story living w/ 5,169 sf, 5 bedrooms, 5 full & 1 half bath, 3 car garage with extended work bench or gym area, formal dining room with stunning views, great room opening to the Batiquitos Lagoon, completely open kitchen w/ oversized island, designated office, master bedroom suite w/walk-in closet, separate tub, shower, dual sinks & vanities with a private deck off master bedroom with the best view in the house from master. Multiple western multi-stacking glass sliding doors to outdoor rooms. 2 fireplaces one in our outdoor Encinitas room, designed to draw your outdoors in and your indoors out. This home is a must see. Every inch of this home is designed to capture and complement the views that it offers. Surrounded by about 80 acres of conservancy this is your final opportunity at a brand new- semi custom home on an acre lot with the one of the best views in San Diego.

Last Agent to Sell the Property

Lisa Sanshey-Beaudin

Shea Advantage License #00876338 Listed on: 10/27/2020

Last Buyer's Agent

Peter Mccormick

USA Veterans Real Estate and Mortgage Company License #01925536

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 1.38 Acre Lot
  • Level Lot

HOA Fees

  • $374 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Attached Carport
  • Parking Available
  • Garage Door Opener

Home Design

  • Spanish Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 5,169 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Formal Entry
  • Great Room
  • Family Room
  • Den
  • Bonus Room
  • Game Room
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Fireplace in Patio
  • Outdoor Fireplace

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Prime Association, Phone Number (951) 335-8563

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 111111
  • Assessor Parcel Number 2222222222
  • $1,430 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$374 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: OLIVENHAIN
  • View: Yes
  • Zoning: R-1
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2222222222
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 5169.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook
  • Fireplace Features: Outside, Patio
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 567.41
  • Room Type: Bonus Room, Den, Family Room, Formal Entry, Game Room, Great Room, Main Floor Bedroom

Exterior Features

  • Pool Private: No
  • Roof: Concrete, Spanish Tile
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Attached Carport, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Individual Room, Gas Dryer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 374.00
  • Association Fee Frequency: Monthly
  • Association Name: Prime Association
  • Phone: 951-335-8563
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 60000.00
  • Lot Size Acres: 1.3774

Multi Family

  • Lease Considered: No
  • Lot Size Area: 60000.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 111111
  • TaxOtherAnnualAssessmentAmount: 1430.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2020
Closed on
Nov 17, 2021
Sold by
Evers Bryan
Bought by
Bale Trust and Evers
Seller's Agent
Lisa Sanshey-Beaudin
Shea Advantage
Buyer's Agent
Peter Mccormick
USA Veterans Real Estate and Mortgage Company
List Price
$2,900,000
Sold Price
$2,932,928
Premium/Discount to List
$32,928
1.14%
Current Estimated Value
$4,182,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,249,491
Avg. Annual Appreciation
9.00%
Original Mortgage
$2,000,000
Outstanding Balance
$1,821,061
Interest Rate
2.99%
Mortgage Type
VA
Estimated Equity
$2,361,358

Purchase Details

Listed on
Oct 27, 2020
Closed on
Oct 28, 2021
Sold by
Shea Hms Lp
Bought by
Evers Bryan
Seller's Agent
Lisa Sanshey-Beaudin
Shea Advantage
Buyer's Agent
Peter Mccormick
USA Veterans Real Estate and Mortgage Company
List Price
$2,900,000
Sold Price
$2,932,928
Premium/Discount to List
$32,928
1.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,821,061
Interest Rate
2.99%
Mortgage Type
VA
Estimated Equity
$2,361,358

Purchase Details

Closed on
Jan 7, 2015
Sold by
Rancho Summit Llc
Bought by
Shea Homes Limited Partnership

Purchase Details

Closed on
Mar 18, 2014
Sold by
Torrey Pacific Corporation
Bought by
Rancho Summit Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bale Trust -- Fidelity National Title
Evers Bryan $2,933,000 Fidelity National Title
Shea Homes Limited Partnership $10,650,000 Chicago Title Company
Rancho Summit Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evers Bryan $2,000,000
Closed Shea Homes Limited Partnership $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2021 11/17/21 Sold $2,932,928 +1.1% $567 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
03/31/2021 03/31/21 Price Changed $2,900,000 0.0% $561 / Sq Ft
03/31/2021 03/31/21 For Sale $2,900,000 +8.2% $561 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
10/27/2020 10/27/20 For Sale $2,679,000 -- $518 / 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 $32,923 $3,265,383 $1,825,069 $1,440,314
2024 $32,923 $3,201,357 $1,789,284 $1,412,073
2023 $32,039 $3,118,586 $1,744,200 $1,374,386
2022 $30,194 $2,932,928 $1,710,000 $1,222,928
2021 $5,323 $422,310 $422,310 $0
2020 $4,467 $417,980 $417,980 $0
2019 $4,375 $409,785 $409,785 $0
2018 $4,290 $401,750 $401,750 $0
2017 $4,213 $393,873 $393,873 $0
2016 $4,077 $386,150 $386,150 $0
2015 $478 $42,010 $42,010 $0
2014 $250 $20,216 $20,216 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Sanshey-Beaudin

    Seller's Agent in 2021

    Lisa Sanshey-Beaudin

    Shea Advantage

    (619) 572-1060

    8 in this area

    63 Total Sales

    Lisa Sanshey-Beaudin
    Section Image
  • Peter Mccormick

    Buyer's Agent in 2021

    Peter Mccormick

    USA Veterans Real Estate and Mortgage Company

    (949) 289-9408

    1 in this area

    30 Total Sales

    Peter Mccormick
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2001898

California Regional Multiple Listing Service (CRMLS)

APN: 264-591-09

California San Diego County Encinitas 92024 Olivenhain

3997 Rancho Summit Dr, Encinitas, CA

Not Listed for Sale

Detached

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