NOT LISTED FOR SALE

Estimated Value: $226,000 - $651,000

2 Beds
1 Bath
879 Sq Ft
$530/Sq Ft Est. Value

Last Sold July 30, 2012

Last sale price $235,000 $267 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,946/month

About This Home

As of July 2012

Home is located in the prestigious Bressi Ranch in Carlsbad.This home is just a minute's stroll to Bressi commons, central park, pools, spa and BBQ area. This is affordable housing in Carlsbad. Mulberry has income and family size requirements.This facility has a community center with a kitchen and clubhouse.Second storey unit with balcony The home is located in an income-restricted area and sale is subject to Carlsbad Affordable Housing Program approval that carries a silent second mortagage on the home.It requires that the buyer at the time of purchase meet the income criteria: 1 person household max gross income $45,850. 2 person max gross income $52,400. 3 person max gross income $58,950 and so on.Income requirements need not be maintained after purcahse. Affordable Housing sales guidelines remain with the property for 15 years from the purchase date. Additional City of Carlsbad guidelines : a) unit to be owner occupied b)monthly mortgage payments not to exceed approx 35% of the household's gross income at the time of purchase.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2023
Sold by
City Of Carlsbad
Bought by
Rosario Derik and Rosario Courtney
Current Estimated Value
$465,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,836
Outstanding Balance
$22,074
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$443,516

Purchase Details

Closed on
Jul 8, 2022
Sold by
Shannon Mctaggart
Bought by
City Of Carlsbad

Purchase Details

Closed on
Nov 20, 2018
Sold by
Wilson Steve L
Bought by
Mctaggart Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,564
Interest Rate
4.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jan 9, 2012
Closed on
Jun 5, 2012
Sold by
Ledesma Robert D and Ledesma Vanessa N
Bought by
Wilson Steve L
Seller's Agent
Navin Ohri
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Stacey Walker
RE/MAX Connections
List Price
$185,000
Sold Price
$235,000
Premium/Discount to List
$50,000
27.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Original Mortgage
$8,300
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2005
Sold by
Greystone Homes Inc
Bought by
Ledesma Robert D and Ledesma Vanessa N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,400
Interest Rate
5.93%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

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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
Rosario Derik $212,500 Fidelity National Title
City Of Carlsbad -- Chicago Title
Mctaggart Shannon $375,000 First American Title
Wilson Steve L -- First American Title
Wilson Steve L $166,000 Corinthian Title Co
Ledesma Robert D $375,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosario Derik $205,836
Open Rosario Derik $372,798
Previous Owner Mctaggart Shannon Karly $201,564
Previous Owner Mctaggart Shannon $138,748
Previous Owner Wilson Steve L $8,300
Previous Owner Wilson Steve L $120,000
Previous Owner Ledesma Robert D $211,400
Previous Owner Ledesma Robert D $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2012 07/30/12 Sold $235,000 +27.0% $267 / Sq Ft
05/21/2012 05/21/12 Pending -- -- --
01/08/2012 01/08/12 For Sale $185,000 -- $210 / Sq Ft

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 $2,384 $220,774 $104,040 $116,734
2024 $2,384 $216,446 $102,000 $114,446
2023 $0 $0 $0 $0
2022 $2,055 $182,310 $105,117 $77,193
2021 $2,038 $178,736 $103,056 $75,680
2020 $2,022 $176,904 $102,000 $74,904
2019 $1,985 $173,436 $100,000 $73,436
2018 $2,007 $179,652 $71,427 $108,225
2017 $1,973 $176,130 $70,027 $106,103
2016 $1,896 $172,677 $68,654 $104,023
2015 $1,888 $170,084 $67,623 $102,461
2014 $1,853 $166,753 $66,299 $100,454
Source: Public Records

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