$7,850,000
SOLD AUG 24, 2018

5251 Avenida Maravillas Rancho Santa Fe, CA 92091

6 Beds
7 Baths
7,307 Sq Ft
2.11 Acres

Recently Sold

$1,074 Per Sq Ft

26% Below List Price

94 Days on Market

Highlights

  • In Ground Pool
  • Fireplace
  • Zoned Heating and Cooling System
  • R. Roger Rowe Elementary School Rated A
  • Laundry Room
  • Outdoor Grill

About This Home

As of August 2018

"Summer House" The ultimate expression of Southern California living is defined in this*Brand New Greg Agee Custom Construction 2018.*Sitting above the signature thirteenth hole of the famed Rancho Santa Fe Golf Course, named by Golf Digest as one of the top 20 golfing venues, Summer House is the perfect balance of classic and casual. The stunning One Level Estate offers Sweeping VIEWS above the Covenant golf course, while at the same time you’ll enjoy total privacy**Selling Furnished**See Supplement Built by sought after custom builder Greg Agee. Beautiful and refined details of Pure Luxury are enjoyed throughout: Lutron one touch lighting, manicured & authentic gardens by award winning landscape architect Theresa Clark, mud room with Dutch door, true China Storage room and butler’s pantry, 5+ generous bedroom suites, gorgeous master suite with stunning dressing areas and spa bath, guest area, outdoor shower, vanishing edge pool on all sides, seamless indoor/outdoor living & extensive loggia with fireplace & TV, outdoor summer kitchen, true gourmet kitchen inside plus back kitchen, Temperature controlled Wine Room, His and Her separate Offices and formal dining room plus so much more. A PERFECT ANTIDOTE TO OTHERWISE HECTIC LIVES, Summer House will bring out the light hearted person in all of us ~. Neighborhoods: Covenant Equipment: Garage Door Opener,Pool/Spa/Equipment, Range/Oven, Vacuum/Central, Washer Other Fees: 0 Sewer: Sewer Connected Topography: LL

Last Agent to Sell the Property

Laura Barry

Barry Estates License #01154111 Listed on: 04/30/2018

Last Buyer's Agent

Eric Iantorno

Pacific Sotheby's International Realty License #01256501

Pacific Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $90,785

Year Built

  • Built in 2018

Lot Details

  • Property is zoned R1

Parking

  • 10 Open Parking Spaces
  • 4 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Concrete Roof

Interior Spaces

  • 7,307 Sq Ft Home
  • 1-Story Property
  • Fireplace

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • Propane Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Propane

Community Details

  • Rsf Association, Phone Number (858) 756-1174

Listing and Financial Details

  • Assessor Parcel Number 2661020300

Home Details

Home Type

Single Family

Est. Annual Taxes

$90,785

Year Built

Built in 2018

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Covenant
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2661020300
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Living Area: 7307.00
  • Stories: 1
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Levels: One
  • Price Per Square Foot: 1074.31

Exterior Features

  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Roof: Concrete

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 14.00
  • Uncovered Spaces: 10.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Barbecue, Built-In
  • Heating Type: Propane, Zoned, Fireplace(s)
  • Laundry Features: Propane Dryer Hookup, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Name: RSF Association
  • Phone: 858-756-1174

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2018
Closed on
Aug 15, 2018
Sold by
Eastman Earl R and Eastman Kimberely
Bought by
5251 Avenida Maravillas Llc
Seller's Agent
Laura Barry
Barry Estates
Buyer's Agent
Eric Iantorno
Pacific Sotheby's International Realty
List Price
$10,650,000
Sold Price
$7,850,000
Premium/Discount to List
-$2,800,000
-26.29%
Current Estimated Value
$7,828,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,432
Avg. Annual Appreciation
-0.04%

Purchase Details

Listed on
Jul 18, 2014
Closed on
Jun 18, 2014
Sold by
Lirun Llc
Bought by
The Earl R Eastman & Kimberley Eastman F
Seller's Agent
Catherine Barry
Barry Estates
Buyer's Agent
Victor Kasik
RE/MAX Real Estate Services
List Price
$2,400,000
Sold Price
$2,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.61%
Original Mortgage
$1,800,000
Interest Rate
3.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 10, 2005
Sold by
Mcchristy John Reagan and Mcchristy Valerie Ann
Bought by
Lirun Llc
Source: Public Records

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Range of Values:

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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 $7,850,000 Chicago Title Company Sd
Grant Deed $2,400,000 Corinthian Title Company
Grant Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $6,175,000 New Conventional
Previous Owner $3,900,000 Construction
Previous Owner $1,800,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $500,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2018 08/24/18 Sold $7,850,000 -26.3% $1,074 / Sq Ft
08/02/2018 08/02/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $10,650,000 +343.8% $1,458 / Sq Ft
07/22/2014 07/22/14 Sold $2,400,000 0.0% $523 / Sq Ft
07/22/2014 07/22/14 Pending -- -- --
07/18/2014 07/18/14 For Sale $2,400,000 -- $523 / 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 $90,785 $8,533,716 $3,346,555 $5,187,161
2024 $90,785 $8,366,389 $3,280,937 $5,085,452
2023 $88,653 $8,202,343 $3,216,605 $4,985,738
2022 $87,366 $8,041,514 $3,153,535 $4,887,979
2021 $85,816 $7,883,838 $3,091,701 $4,792,137
2020 $85,024 $7,803,000 $3,060,000 $4,743,000
2019 $83,389 $7,650,000 $3,000,000 $4,650,000
2018 $49,090 $4,453,158 $2,218,158 $2,235,000
2017 $24,541 $2,174,665 $2,174,665 $0
2016 $26,999 $2,436,600 $2,132,025 $304,575
2015 $26,601 $2,400,000 $2,100,000 $300,000
2014 $25,514 $2,300,000 $1,254,000 $1,046,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 180022570

California Regional Multiple Listing Service (CRMLS)

APN: 266-102-03