NOT LISTED FOR SALE

425 Magnolia Ct San Marcos, CA 92069

Estimated Value: $776,000 - $785,000

3 Beds
1 Bath
1,044 Sq Ft
$747/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $720,000 $690 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,961/month

21 Days on Market

Highlights

  • Mountain View
  • 1 Car Attached Garage
  • Central Heating and Cooling System
  • Richland Elementary Rated A
  • Laundry Room
  • Back Yard

About This Home

As of May 2022

Back on the market 4/21/22!! Fantastic opportunity to own a DETACHED single family home in a quiet cul-de-sac location. 425 Magnolia Court is a darling remodel offering 3 bedrooms, one central bathroom PLUS an additional room with great lighting for an office, craft room, or??. Saltillo tile dots the private backyard, perfect for pets. Lots of lovely details like a decorative backsplash in the kitchen, bar seating, and new fencing. San Marcos has exceptional city leadership and is considered the economic and education hub of North County with really great schools! HOA is only $50/mo! All financing welcome including conventional, FHA, and VA. 425 Magnolia has a nice ring to it...call it home!

Last Agent to Sell the Property

Sabrina Covington

Covington & Associates License #01351926 Listed on: 04/08/2022

Co-Listed By

Tracy Krall

Covington & Associates License #02149851

Last Buyer's Agent

David Spiewak

Coldwell Banker Realty License #01878467

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,938

Year Built

  • Built in 1985

Lot Details

  • 4,356 Sq Ft Lot
  • Back Yard
  • Property is zoned R-1:SINGLE FAM-RES

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,044 Sq Ft Home
  • 1-Story Property
  • Mountain Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Schools

  • Richland Elementary School

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • Peacock Association, Phone Number (858) 485-9811

Listing and Financial Details

  • Tax Tract Number 10745
  • Assessor Parcel Number 2183600500

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,938

Year Built

Built in 1985

Lot Details

0

HOA Fees

$50 per month

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2183600500
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1044.00
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 689.66
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s)
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 50.00
  • Association Fee Frequency: Monthly
  • Association Name: Peacock
  • Phone: 858-485-9811
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: San Marcos Unified
  • Elementary School: Richland
  • Elementary School: Richland
  • Elementary School #2: RICHLA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.1000 Acres

Tax Info

  • Tax Tract Number: 010745

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
May 12, 2022
Sold by
Blueprint Home Builders Llc
Bought by
Gatcha David J and Cimino Stefany Ann
Seller's Agent
Sabrina Covington
Covington & Associates
Buyer's Agent
David Spiewak
Coldwell Banker Realty
List Price
$725,000
Sold Price
$720,000
Premium/Discount to List
-$5,000
-0.69%
Current Estimated Value
$779,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,785
Avg. Annual Appreciation
2.60%

Purchase Details

Closed on
Nov 29, 2021
Sold by
Salgueiro Joseph and Salgueiro Renee
Bought by
Blueprint Home Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,000
Interest Rate
3.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 26, 2009
Sold by
Federal National Mortgage Association
Bought by
Salgueiro Joseph and Salgueiro Renee

Purchase Details

Closed on
Jul 16, 2008
Sold by
Leon Frederico
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 18, 2006
Sold by
Leon Frederico and Leon Guadalupe M
Bought by
Leon Frederico

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,000
Interest Rate
6.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2003
Sold by
Leon Frederico and Leon Guadalupe M
Bought by
Leon Frederico and Leon Guadalupe M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 1985
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gatcha David J $720,000 First American Title
Blueprint Home Builders Llc $460,000 First American Title Company
Salgueiro Joseph $172,000 Lawyers Title Company
Federal National Mortgage Association $311,940 Landsafe Title
Leon Frederico -- First American
Leon Frederico -- First American Title
-- $82,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blueprint Home Builders Llc $397,000
Previous Owner Leon Frederico $298,000
Previous Owner Leon Frederico $146,000
Previous Owner Leon Federico $13,036
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $720,000 -0.7% $690 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
04/21/2022 04/21/22 Price Changed $725,000 0.0% $694 / Sq Ft
04/21/2022 04/21/22 For Sale $725,000 +5.2% $694 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $689,000 -- $660 / 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 $7,938 $764,064 $626,108 $137,956
2024 $7,938 $717,000 $587,000 $130,000
2023 $6,720 $606,000 $496,000 $110,000
2022 $2,406 $207,495 $121,342 $86,153
2021 $2,368 $203,427 $118,963 $84,464
2020 $2,346 $201,342 $117,744 $83,598
2019 $2,321 $197,395 $115,436 $81,959
2018 $2,249 $193,525 $113,173 $80,352
2017 $133 $189,731 $110,954 $78,777
2016 $2,173 $186,012 $108,779 $77,233
2015 $2,143 $183,219 $107,146 $76,073
2014 $2,096 $179,631 $105,048 $74,583
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2203340

California Regional Multiple Listing Service (CRMLS)

APN: 218-360-05