Seller's Agent in 2022
John Castillo
Coldwell Banker Realty
(760) 807-6297
16 in this area
50 Total Sales
697 Merit Dr San Marcos, CA 92078
Barham Discovery Community NeighborhoodEstimated Value: $1,171,000 - $1,404,000
3
Beds
2.5
Baths
2,211
Sq Ft
$562/Sq Ft
Est. Value
Highlights
- Heated Lap Pool
- Gated Community
- Property is near a park
- Discovery Elementary School Rated A
- Open Floorplan
- Bonus Room
About This Home
As of October 2022Turnkey Home in the Beautiful Community of Rancho Tesoro! Come see this meticulous Former Model Home in the Beautiful Community of Rancho Tesoro right in the heart of San Marcos. This 3 bedroom, 2 1/2 Bath home has optional office/gym and a bonus room. This home comes with Upgraded Shaker Style Cabinets, Upgraded Backsplash, Quartz Counter-tops, Single Sink inside Kitchen as well as Upgraded Engineered LVP Flooring, Upgraded Carpet Upstairs, Apple Home Kit System for the home, In Wall Ceiling Speakers throughout, Mechanical Remote Blinds Downstairs, Lutron Lighting, and more! Outside features, Turf throughout, Putting Green, Firepit, and Backyard Water Feature. Rancho Tesoro is a resort-style community with amenities including Cabanas, Pool, BBQ, Firepits, Three parks, and a Playground. Come enjoy the incredible views of the mountains from this home all while being just moments to the 78 freeway within an incredibly strong school district. Don't miss this incredible opportunity to own in Rancho Tesoro. This property is zoned for Discovery Elementary, and for grades 6th, 7th, and 8th for the 2023 school year students will have the option to go to Double Peak as a rezoning is being completed. High School is Mission Hills High School. Do not go by MLS zoning Map for school boundaries. This Single-Family Home is detached but registered as Condominium use (no shared walls). Low HOA and Mello-Roos.
Last Agent to Sell the Property
Coldwell Banker Realty License #02020554 Listed on: 07/19/2022
Last Buyer's Agent
Gail LoBello
GL Crown Real Estate Inc License #00523219
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,267
Year Built
- Built in 2017
Lot Details
- 5,500 Sq Ft Lot
- Landscaped
- Back Yard
- Property is zoned R-1 Residential
HOA Fees
- $230 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Automatic Gate
Home Design
- Turnkey
- Fire Rated Drywall
- Wood Siding
- Pre-Cast Concrete Construction
Interior Spaces
- 2,211 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wired For Sound
- High Ceiling
- Recessed Lighting
- Entryway
- Living Room
- Home Office
- Bonus Room
- Home Gym
- Vinyl Flooring
- Neighborhood Views
Kitchen
- Six Burner Stove
- Gas and Electric Range
- Dishwasher
- Disposal
- Instant Hot Water
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Home Security
- Smart Home
- Fire and Smoke Detector
- Fire Sprinkler System
Pool
- Heated Lap Pool
- Heated In Ground Pool
Utilities
- High Efficiency Air Conditioning
- Central Heating and Cooling System
- Underground Utilities
- Tankless Water Heater
- Hot Water Circulator
- Cable TV Available
Additional Features
- Exterior Lighting
- Property is near a park
Listing and Financial Details
- Tax Tract Number 13290
- Assessor Parcel Number 2221740105
- $215 per year additional tax assessments
Community Details
Overview
- Rancho Tesoro Association, Phone Number (760) 634-4700
- Built by Brookfield
- Terracina Plan 1
- Foothills
- Mountainous Community
Amenities
- Outdoor Cooking Area
- Community Fire Pit
- Community Barbecue Grill
- Picnic Area
Recreation
- Community Playground
- Community Pool
- Park
- Horse Trails
- Hiking Trails
- Bike Trail
Security
- Resident Manager or Management On Site
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 19, 2022
Closed on
Sep 29, 2022
Sold by
Burros Bryan and Burros Mackenzie
Bought by
James Geno and Sebastian Soumya
Seller's Agent
John Castillo
Coldwell Banker Realty
Buyer's Agent
Gail LoBello
GL Crown Real Estate Inc
List Price
$1,275,000
Sold Price
$1,085,000
Premium/Discount to List
-$190,000
-14.9%
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,115
Avg. Annual Appreciation
4.65%
Original Mortgage
$868,000
Outstanding Balance
$835,168
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$403,861
Purchase Details
Closed on
Jul 14, 2020
Sold by
Brookfield Homes Southern California Llc
Bought by
Burros Bryan and Burros Mackenzie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$684,268
Interest Rate
3.1%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| James Geno | $1,085,000 | Chicago Title | |
| Burros Bryan | $757,500 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | James Geno | $868,000 | |
| Previous Owner | Burros Bryan | $676,000 | |
| Previous Owner | Burros Bryan | $684,268 | |
| Closed | James Geno | $107,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/14/2022 10/14/22 | Sold | $1,085,000 | -1.4% | $491 / Sq Ft |
| 09/09/2022 09/09/22 | Pending | -- | -- | -- |
| 08/18/2022 08/18/22 | Price Changed | $1,099,999 | -2.2% | $498 / Sq Ft |
| 07/31/2022 07/31/22 | Price Changed | $1,125,000 | -11.8% | $509 / Sq Ft |
| 07/19/2022 07/19/22 | For Sale | $1,275,000 | -- | $577 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $15,267 | $1,128,834 | $816,714 | $312,120 |
| 2024 | $15,267 | $1,106,700 | $800,700 | $306,000 |
| 2023 | $14,934 | $1,085,000 | $785,000 | $300,000 |
| 2022 | $11,315 | $772,650 | $387,600 | $385,050 |
| 2021 | $11,131 | $757,500 | $380,000 | $377,500 |
| 2020 | $8,612 | $535,653 | $170,599 | $365,054 |
Source: Public Records
Agents Affiliated with this Home
-
John Castillo
-
G
Buyer's Agent in 2022
Gail LoBello
GL Crown Real Estate Inc
-
J
Buyer's Agent in 2022
Joelyn Blaskovich
Real Broker
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NDP2207483
APN: 222-174-01-05
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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