NOT LISTED FOR SALE

5904 Via de La Cumbre Unit 12 Rancho Santa Fe, CA 92067

Estimated Value: $4,807,000 - $6,438,000

1.83 Acres
$3,084,699 Price per Acre
79,715 Sq Ft Lot

Last Sold September 18, 2020

Last sale price $2,050,000

Est. 175% increase in value since last sale

Current estimated payment $34,583/month

215 Days on Market

Highlights

  • Park or Greenbelt View
  • Gated Home
  • Level Lot
  • R. Roger Rowe Elementary School Rated A

About This Lot

As of September 2020

Manageable lot with elevated flat pad located across from the RSF Golf & Tennis Club entrance and a short walk to Roger Rowe School & Village. Desirable southern exposure with beautiful westerly sunset views. The lot is cleared, gated and fenced. A proposed home and landscaping design by Theresa Clark Landscape Architect included. Survey, Compaction report, RSF Grading & Fencing Permits done plus sewer, power & water onsite. This translates to $150,000+ in value! Just add inspiration and Architect...!

Last Agent to Sell the Property

Scott Union

Compass License #00808482 Listed on: 01/10/2020

Compass

Last Buyer's Agent

Scott Union

Compass License #00808482 Listed on: 01/10/2020

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $48,760

Lot Details

  • 1.83 Acre Lot
  • Gated Home
  • Property is Fully Fenced
  • Level Lot

Additional Features

  • Park or Greenbelt Views
  • Separate Water Meter

Community Details

  • Covenant Community

Listing and Financial Details

  • Assessor Parcel Number 266-191-12-00

Property Details

Property Type

Land

Est. Annual Taxes

$48,760

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Type: Lots/Land
  • Market Area: Coastal North
  • Neighborhood: Covenant
  • Cross Street: Avenida de Acacias
  • Price Per Sq Ft: 1120218.58
  • Sale Price List Price: 0.91
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Full, Gate
  • View: Greenbelt

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter On Property
  • Utilities Available: Electric
  • Utilities To Site: Above Ground

Condo/Co-op/Association

  • Complex Name: Covenant
  • Community: Rancho Santa Fe

Lot Info

  • Lot Size: 1+ To 2 Ac
  • Site: Public Street
  • Topography: Level
  • Water District: Santa Fe Irrigation District
  • Estimated Lot Sq Ft: 79714
  • Water District URL: http://www.sfidreb.org
  • Estimated Number of Acres: 1.83
  • Assessor Parcel Number: 266-191-12-00
  • Lot Number: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2020
Closed on
Aug 22, 2020
Sold by
Cohen Jordan Y and Gujrathi Sheila K
Bought by
Biestman Ross and Biestman Rebecca
Seller's Agent
Scott Union
Compass
Buyer's Agent
Scott Union
Compass
List Price
$2,495,000
Sold Price
$2,050,000
Premium/Discount to List
-$445,000
-17.84%
Current Estimated Value
$5,645,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,595,000
Avg. Annual Appreciation
22.76%
Original Mortgage
$3,500,000
Outstanding Balance
$3,100,258
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$2,544,742

Purchase Details

Closed on
Apr 6, 2016
Sold by
Faltinsky Raymond J and Faltinsky Patricia
Bought by
Cohen Jordan Y and Livin Sheila

Purchase Details

Closed on
Nov 8, 2004
Sold by
Greg Agee Construction Inc
Bought by
Faltinsky Raymond J and Faltinsky Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,435,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 18, 2004
Sold by
Chapman Anne M and Shonnard Horatio Bill S
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
$1,435,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 1, 1996
Sold by
Chapman Anne M
Bought by
Chapman Anne M and Shonnard Horatio S
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
Biestman Ross $2,050,000 First American Title Company
Cohen Jordan Y $2,500,000 First American Title
Faltinsky Raymond J $2,050,000 California Title Company
Greg Agee Construction Inc $1,800,000 California Title Company
Chapman Anne M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Biestman Ross $3,500,000
Previous Owner Faltinsky Raymond J $1,435,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $2,050,000 -8.9% --
08/13/2020 08/13/20 Pending -- -- --
07/03/2020 07/03/20 Price Changed $2,250,000 -9.8% --
01/10/2020 01/10/20 For Sale $2,495,000 -- --
Source: San Diego MLS

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 $48,760 $4,532,345 $2,269,985 $2,262,360
2024 $48,760 $4,443,476 $2,225,476 $2,218,000
2023 $34,502 $3,132,820 $2,132,820 $1,000,000
2022 $23,489 $2,091,000 $2,091,000 $0
2021 $23,096 $2,050,000 $2,050,000 $0
2020 $29,590 $2,651,958 $2,651,958 $0
2019 $29,034 $2,599,959 $2,599,959 $0
2018 $29,163 $2,601,000 $2,548,980 $52,020
2017 $710 $2,550,000 $2,499,000 $51,000
2016 $18,642 $1,650,000 $1,598,000 $52,000
2015 $18,589 $1,650,000 $1,598,000 $52,000
2014 $18,042 $1,600,000 $1,550,000 $50,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200001775

San Diego MLS

APN: 266-191-12