NOT LISTED FOR SALE

Estimated Value: $3,625,000 - $4,525,000

2.62 Acres
$1,565,782 Price per Acre
114,127 Sq Ft Lot

Last Sold April 26, 2013

Last sale price $510,000

Est. 704% increase in value since last sale

Current estimated payment $24,924/month

70 Days on Market

About This Lot

As of April 2013

Awesome lot in exclusive gated community of Knightsbridge. Panoramic westerly views. Approx.25,000 sq.ft. pad on 2.62 acres, ready to build. Surrounded by 1.5 to 2+ million $ homes. All utilities to site. Protected habitat & open space easements on two sides for extensive privacy. Incredibly pri.& quiet low maintenance lot. Numerous trails w/ocean views. Horse allowed. Rural atmosphere, yet close to shopping & beaches. Owner may carry. Knightsbridge is a beautiful country, gated neighborhood in the community of Olivenhain. Low homeowners fees of $80.00 monthly with no Mello Roos, make this one of the best lots available in Olivenhain. ******** Future development improbable because this area is nearly impossible to find land left for mitigation. ******* The apprx. 25,000 sq.ft. building pad has dedicated open space to the West & North. See the orange netting, framing the additional acreage and open space. ********* Enormous cost spent on development, with all utilities to site for buyers advantage including a beautifully paved country road. Neighborhoods: OLIVENHAIN Other Fees: 0 Sewer: Sewer Connected

Last Listed By

Phyllis Ramage

Bradley Talbert, Broker License #00544605 Listed on: 01/07/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,890

Year Built

  • 2015

Lot Details

  • 2.62 Acre Lot
  • The property's topography is level
  • Property is zoned R1

HOA Fees

  • $80 Monthly HOA Fees

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Mauzy Management Association, Phone Number (888) 513-9945

Listing and Financial Details

  • Tax Lot 494LATIGOROW92024
  • Assessor Parcel Number 2644502500

Property Details

Property Type

Land

Est. Annual Taxes

$23,890

Year Built

2015

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Assessments: No
  • Subdivision Name Other: Olivenhain
  • Zoning: R1
  • Property Type: Land
  • Parcel Number: 2644502500
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2015

Exterior Features

  • Fence: No

Utilities

  • Utilities: Cable Available, Natural Gas Available, Phone Available

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 80.00
  • Association Fee Frequency: Monthly
  • Association Name: Mauzy Management
  • Phone: 888-513-9945

Lot Info

  • Topography: Level
  • Lot Size Acres: 2.6200

Multi Family

  • Lot Size Area: 2.6200 Acres

Tax Info

  • Tax Lot: 494LATIGOROW92024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2021
Sold by
Masterson Matthew M and Masterson Casey R
Bought by
Masterson Matthew M and Masterson Casey R
Total Days on Market
70
Current Estimated Value
$4,102,348

Purchase Details

Listed on
Jan 7, 2013
Closed on
Feb 26, 2013
Sold by
490 Latigo Row Llc
Bought by
Masterson Matthew M and Masterson Casey R
Seller's Agent
Phyllis Ramage
Bradley Talbert, Broker
Buyer's Agent
Dave Mitri
Dymension Realty
List Price
$510,000
Sold Price
$510,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.68%

Purchase Details

Closed on
Mar 23, 2006
Sold by
Cornwell Jeffrey C and Cornwell Elizabeth A
Bought by
490 Latifo Row Llc

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
Masterson Matthew M -- None Available
Masterson Matthew M $510,000 Fidelity National Title San
490 Latifo Row Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masterson Matthew M $650,000
Closed Masterson Matthew M $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2013 04/26/13 Sold $510,000 0.0% --
03/18/2013 03/18/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $510,000 -- --
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
2024 $23,890 $2,091,154 $615,709 $1,475,445
2023 $23,315 $2,050,152 $603,637 $1,446,515
2022 $22,955 $2,009,953 $591,801 $1,418,152
2021 $22,580 $1,970,544 $580,198 $1,390,346
2020 $22,089 $1,950,339 $574,249 $1,376,090
2019 $20,465 $1,799,353 $562,990 $1,236,363
2018 $19,827 $1,764,072 $551,951 $1,212,121
2017 $19,330 $1,716,483 $541,129 $1,175,354
2016 $17,799 $1,682,827 $530,519 $1,152,308
2015 $14,503 $1,322,551 $522,551 $800,000
2014 $5,459 $512,315 $512,315 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 130000972

California Regional Multiple Listing Service (CRMLS)

APN: 264-450-25