NOT LISTED FOR SALE

Estimated Value: $1,315,120 - $1,562,000

4 Beds
3 Baths
2,549 Sq Ft
$543/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $1,030,000 $404 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $8,985/month

20 Days on Market

Highlights

  • Spa
  • Great Room
  • 2 Car Attached Garage
  • Discovery Elementary School Rated A
  • Hiking Trails
  • Patio

About This Home

As of July 2021

Welcome Home to the gorgeous gated community of Rancho Tesoro! Home offers custom Upgrades throughout, 4 bedrooms, 3 bathrooms + huge loft (including Downstairs bedroom & full bath). Spacious Open floor plan w/ a Modern Kitchen featuring Granite counter tops, upgraded kitchen Aid appliances, large Samsung refrigerator, Samsung Washer & Dryer, Custom window coverings. 130K upgrades throughout house. Hard wood flooring throughout the downstairs, living space, Loft and Hallway; Plush custom design carpet on stairs, and bedrooms, 200% Solar so you will get credit from SDGE, Whole house security system, water softener and reverse osmosis filtration system, Dual zone AC climate control, 2-car garage with epoxy, tankless water heater, ceiling fans in bedrooms, family room and loft, California Patio. Relax and unwind in your freshly laid grass, custom built fountain, Outdoor gas Stove with granite countertop and fire pit with an automated sprinkler system in the backyard. Fruit trees - Guava, Orange, Pomegranate, Lime, Avocado & Mulberry, Vegetable bed, Flowers and beans; Smart home automation system, including smart thermostats with WiFi controls and keyless entry. Enjoy Resort style exclusive community amenities with Pool and Cabanas, BBQ pavilion, Fire pits, 3 Parks, Playground, access to Open Space and miles of Scenic Trails. Walk to shops and restaurants. Enjoy mountain views and be surrounded by nature in this tranquil setting near San Elijo Hills and Discovery Lake. Live the Rancho Tesoro lifestyle!

Last Agent to Sell the Property

Mohan Ramanath

Rise Realty License #02070368 Listed on: 05/20/2021

Rise Realty

Last Buyer's Agent

Mohan Ramanath

Rise Realty License #02070368 Listed on: 05/20/2021

Rise Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,550

Year Built

  • Built in 2018

Lot Details

  • 4,356 Sq Ft Lot
  • Fenced
  • Backyard Sprinklers
  • Property is zoned R-1:SINGLE FAM-RES

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Interior Spaces

  • 2,549 Sq Ft Home
  • Great Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Spa
  • Patio

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Tract Number 16159
  • Assessor Parcel Number 2221732100
  • $2,350 per year additional tax assessments

Community Details

Overview

  • Rancho Tesoro HOA, Phone Number (760) 634-4700

Recreation

  • Community Playground
  • Community Pool
  • Park
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,550

Year Built

Built in 2018

Lot Details

0

HOA Fees

$230 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2221732100
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2549.00 Square Feet
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Levels: One
  • Price Per Square Foot: 404.08
  • Room Type: Great Room

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Other
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Hiking Trails, Playground, Pool
  • Association Fee: 230.00
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Tesoro HOA
  • Phone: 760-634-4700
  • Senior Community: No
  • Community Features: Park

Schools

  • School District: San Marcos Unified

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers In Rear
  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4356.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: 16159
  • TaxOtherAnnualAssessmentAmount: 2350.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 17, 2021
Sold by
Nalajala Bandhavi
Bought by
Annamaneni Bhargav and Narukulla Manisha
Seller's Agent
Mohan Ramanath
Rise Realty
Buyer's Agent
Mohan Ramanath
Rise Realty
List Price
$979,900
Sold Price
$1,030,000
Premium/Discount to List
$50,100
5.11%
Current Estimated Value
$1,384,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,280
Avg. Annual Appreciation
6.53%
Original Mortgage
$875,000
Outstanding Balance
$790,777
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$546,761

Purchase Details

Closed on
Jul 17, 2018
Sold by
Brookfield Homes Southern California Llc
Bought by
Nalajala Bandhavi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,800
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Annamaneni Bhargav $1,030,000 Fidelity Natl Ttl San Diego
Nalajala Bandhavi $720,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Annamaneni Bhargay $91,025
Open Annamaneni Bhargav $875,000
Previous Owner Nalajala Bandhavi $567,000
Previous Owner Nalajala Bandhavi $564,000
Previous Owner Nalajala Bandhavi $575,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $1,030,000 -1.8% $404 / Sq Ft
06/08/2021 06/08/21 Price Changed $1,049,000 +7.1% $412 / Sq Ft
05/20/2021 05/20/21 For Sale $979,900 -- $384 / 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 $14,550 $1,093,044 $689,785 $403,259
2024 $14,550 $1,071,612 $676,260 $395,352
2023 $14,242 $1,050,600 $663,000 $387,600
2022 $13,969 $1,030,000 $650,000 $380,000
2021 $10,690 $741,770 $371,004 $370,766
2020 $10,568 $734,165 $367,200 $366,965
2019 $10,431 $719,770 $360,000 $359,770
2018 $4,085 $163,975 $163,975 $0
2017 $1,807 $160,760 $160,760 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2105562

California Regional Multiple Listing Service (CRMLS)

APN: 222-173-21