$9,000,000
SOLD SEP 11, 2024

5248 La Crescenta Rd Rancho Santa Fe, CA 92067

7 Beds
7.5 Baths
9,820 Sq Ft
3.26 Acres

Recently Sold

$916 Per Sq Ft

17% Below List Price

157 Days on Market

Highlights

  • In Ground Pool
  • Panoramic View
  • Fireplace in Primary Bedroom
  • R. Roger Rowe Elementary School Rated A
  • 3.26 Acre Lot
  • Home Office

About This Home

As of September 2024

SINGLE STORY! Located in the highly sought-after neighborhood of THE COVENANT. Tucked away at the end of a serene cul-de-sac, this recently renovated property seamlessly marries modern sophistication with a relaxed atmosphere. Step inside to discover 5 thoughtfully designed bedrooms in the main house, complemented by a versatile bonus room that effortlessly adapts to your lifestyle – be it a game room or an additional bedroom. The inclusion of a private office and a well-appointed gym adds an element of practical luxury, while high ceilings and stylish finishes create an inviting ambiance throughout. Adding to the allure, a separate casita awaits with 2 bedrooms, full bathrooms, and a Media Room – perfect for hosting guests or creating a private retreat. Enjoy panoramic views that stretch across the horizon, and unwind in the expansive backyard, all on a single level for seamless accessibility. Indulge in the comfort of the master bedroom suite, complete with a spa-inspired bathroom featuring a double toilet. Outdoor living is elevated with an Infinity Edge pool and spa, while the inclusion of solar panels aligns with a commitment to sustainable living. The property's charm is further accentuated by a spacious Turf area. This residence represents a harmonious blend of casual elegance and refined living, offering a unique opportunity to immerse yourself in the tranquility of Rancho Santa Fe. Don't miss the chance to call this remarkable property home – where casual vibes meet sophisticated living.

Last Agent to Sell the Property

Jorge Alvarez

Compass Brokerage Email: jorge@jorgealvarezsandiego.com License #02047054 Listed on: 03/03/2024

Compass

Last Buyer's Agent

Theresa Irick

Real Broker License #01104417

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $71,658

Year Built

  • Built in 1997

Lot Details

  • 3.26 Acre Lot
  • Density is 2-5 Units/Acre
  • Property is zoned R1

HOA Fees

  • $1,400 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • 2 Open Parking Spaces

Interior Spaces

  • 9,820 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Home Office
  • Home Gym
  • Panoramic Views
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom

Pool

  • In Ground Pool

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Tax Tract Number 1
  • Assessor Parcel Number 2650612000

Community Details

Overview

  • Rfs Association, Phone Number (858) 756-1174
  • The Covenant

Recreation

  • Park
  • Horse Trails
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$71,658

Year Built

Built in 1997

Lot Details

0

HOA Fees

$1,400 per month

Parking

4

Listing Details

  • Assessments: No
  • Park Name: The Covenant
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2650612000
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 9820.00
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 7
  • Full And Three Quarter Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Entry Level: 1
  • Fireplace Features: Family Room, Gas, Great Room, Living Room, Primary Bedroom
  • Levels: One
  • Price Per Square Foot: 916.50
  • Room Type: Exercise Room, Office

Exterior Features

  • View: Panoramic
  • Fence: No
  • Pool Features: In Ground
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: No
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Horse Trails
  • Association Fee: 1400.00
  • Association Fee Frequency: Monthly
  • Association Name: RFS Association
  • Phone: 8587561174
  • Senior Community: No
  • Community Features: Horse Trails, Hiking, Park

Schools

  • School District: Rancho Santa Fe

Lot Info

  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 142005.60
  • Lot Size Acres: 3.2600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3.2600 Acres
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: 01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2024
Closed on
Aug 9, 2024
Sold by
Bichione 3 Llc
Bought by
Charles N Johnson Ii Separate Property Trust and Johnson
Seller's Agent
Jorge Alvarez
Compass
Buyer's Agent
Theresa Irick
Real Broker
List Price
$10,795,000
Sold Price
$9,000,000
Premium/Discount to List
-$1,795,000
-16.63%
Total Days on Market
157
Views
4038
Current Estimated Value
$8,856,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$143,335
Avg. Annual Appreciation
-2.21%

Purchase Details

Closed on
Jul 6, 2018
Sold by
Blakely John T and Blakely Pamela W
Bought by
Bichione 3 Llc

Purchase Details

Closed on
May 3, 2012
Sold by
Wafer Charles W
Bought by
Blakely John T and Blakely Pamela W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,625,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2006
Sold by
Mcchesney John A and Mcchesney Christine L
Bought by
Wafer Charles W

Purchase Details

Closed on
Dec 10, 1997
Sold by
Metrovich Philip E and Metrovich Lynette J
Bought by
Greg Agee Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.19%

Purchase Details

Closed on
Nov 19, 1997
Sold by
Greg Agee Construction Inc
Bought by
Mcchesney John A and Mcchesney Christine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.19%

Purchase Details

Closed on
Apr 1, 1997
Sold by
Metrovich Philip E and Metrovich Lynette J
Bought by
Greg Agee Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
7.56%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 23, 1996
Sold by
Dodson Family Trust 07-02-92
Bought by
Metrovich Philip E and Metrovich Lynette J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.85%

Purchase Details

Closed on
Jul 3, 1990
Source: Public Records

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 Type Sale Price Title Company
Grant Deed $9,000,000 First American Title
Grant Deed $6,000,000 First American Title Company
Grant Deed $5,250,000 Corinthian Title Company
Grant Deed -- California Title Company
Quit Claim Deed -- First American Title
Grant Deed $3,050,000 First American Title
Grant Deed -- First American Title
Grant Deed $800,000 First American Title
Deed $1,000,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,625,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,625,000 New Conventional
Previous Owner $1,000,000 Future Advance Clause Open End Mortgage
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $1,000,000 No Value Available
Previous Owner $1,250,000 Construction
Previous Owner $200,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2024 09/11/24 Sold $9,000,000 -10.4% $916 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
06/26/2024 06/26/24 Price Changed $10,050,000 -3.3% $1,023 / Sq Ft
05/06/2024 05/06/24 Price Changed $10,395,000 -3.7% $1,059 / Sq Ft
03/03/2024 03/03/24 For Sale $10,795,000 -- $1,099 / 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
2024 $71,658 $6,561,873 $3,062,207 $3,499,666
2023 $69,950 $6,433,210 $3,002,164 $3,431,046
2022 $68,936 $6,307,070 $2,943,299 $3,363,771
2021 $67,750 $6,183,403 $2,885,588 $3,297,815
2020 $67,128 $6,120,000 $2,856,000 $3,264,000
2019 $65,845 $6,000,000 $2,800,000 $3,200,000
2018 $63,662 $5,786,439 $2,435,086 $3,351,353
2017 $711 $5,672,981 $2,387,340 $3,285,641
2016 $60,333 $5,561,747 $2,340,530 $3,221,217
2015 $59,617 $5,478,206 $2,305,374 $3,172,832
2014 $58,111 $5,343,835 $2,260,215 $3,083,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2401189

California Regional Multiple Listing Service (CRMLS)

APN: 265-061-20