Seller's Agent in 2023
Eilis McKay
Compass
(858) 442-0702
8 in this area
16 Total Sales
7057 Rancho La Cima Dr Rancho Santa Fe, CA 92091
Estimated Value: $4,196,000 - $5,702,000
5
Beds
6.5
Baths
5,834
Sq Ft
$845/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Panoramic View
- Fireplace in Primary Bedroom Retreat
- R. Roger Rowe Elementary School Rated A
- 2.55 Acre Lot
- Main Floor Primary Bedroom
About This Home
As of April 2023Beautifully sited on a private, quiet, elevated 2.55 acre parcel in the heart of Rancho Santa Fe, this classic, custom estate is being offered for the first time in 30 years. Beautifully maintained, and lightly used by one owner since new, there is now the unique opportunity for a discerning buyer to reside in and enjoy this coveted location, only minutes to the enchanting village, renowned ROGER ROWE SCHOOL, and noted restaurants of Rancho Santa Fe. The single level property provides 5 generously sized ensuite bedrooms, one currently used as a office, 4 car garage, and copious amounts of storage. Exceptional quality is evident throughout with solid wood doors, classic beamed ceilings, bevelled glass, and 4 fireplaces. An oversized romantic primary suite has its own private sitting area with fireplace, 2 separate large closets, 2 water closets, and sauna. An impressive sweeping driveway, flanked by magnificent palms and coral trees leads to the entrance, where tall double doors open to allow views through to the beautifully landscaped pool/spa area. Multiple south western placed patios provide for all types of entertaining, formal or casual. Elegant, yet practical, classic yet comfortable, at this price, an opportunity not to be missed.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $41,676
Year Built
- Built in 1990
Lot Details
- 2.55 Acre Lot
- Rural Setting
- Landscaped
- Sprinkler System
- Lawn
- Property is zoned R 1
HOA Fees
- $550 Monthly HOA Fees
Parking
- 4 Car Attached Garage
Property Views
- Panoramic
- Pool
Home Design
- Planned Development
Interior Spaces
- 5,834 Sq Ft Home
- Fireplace With Gas Starter
- Formal Entry
- Family Room with Fireplace
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom Retreat
Pool
- In Ground Pool
Utilities
- Central Air
- No Heating
Listing and Financial Details
- Tax Tract Number 71070
- Assessor Parcel Number 2654702000
Community Details
Overview
- Rancho La Cima HOA, Phone Number (951) 268-4608
Security
- Security Guard
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 5, 2023
Closed on
Mar 16, 2023
Sold by
Michael H Mellen Revocable Trust
Bought by
Peikoff Leonard and Davis Grace
Seller's Agent
Eilis McKay
Compass
Buyer's Agent
Jacob Flowers
HomeSmart Realty West
List Price
$3,895,000
Sold Price
$3,700,000
Premium/Discount to List
-$195,000
-5.01%
Views
500
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
$957,908
Avg. Annual Appreciation
10.09%
Original Mortgage
$2,775,000
Outstanding Balance
$2,699,372
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$1,938,149
Purchase Details
Closed on
Feb 26, 2021
Sold by
Mellen Michael
Bought by
Mellen Michael H and Michael H Mellen Revocable Tru
Purchase Details
Closed on
Jan 27, 1993
Bought by
Mellen Michael Valerie
Purchase Details
Closed on
Apr 24, 1989
Purchase Details
Closed on
May 11, 1988
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 |
|---|---|---|---|
| Peikoff Leonard | $3,700,000 | First American Title | |
| Mellen Michael H | -- | None Available | |
| Mellen Michael Valerie | $1,320,000 | -- | |
| -- | $539,000 | -- | |
| -- | $415,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Peikoff Leonard | $2,775,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2023 04/07/23 | Sold | $3,700,000 | -5.0% | $634 / Sq Ft |
| 03/08/2023 03/08/23 | Pending | -- | -- | -- |
| 03/01/2023 03/01/23 | Price Changed | $3,895,000 | 0.0% | $668 / Sq Ft |
| 03/01/2023 03/01/23 | For Sale | $3,895,000 | -2.5% | $668 / Sq Ft |
| 02/19/2023 02/19/23 | Pending | -- | -- | -- |
| 02/05/2023 02/05/23 | For Sale | $3,995,000 | -- | $685 / 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 | $41,676 | $3,849,480 | $2,080,800 | $1,768,680 |
| 2024 | $41,676 | $3,774,000 | $2,040,000 | $1,734,000 |
| 2023 | $24,623 | $2,156,477 | $767,832 | $1,388,645 |
| 2022 | $24,275 | $2,156,477 | $767,832 | $1,388,645 |
| 2021 | $23,874 | $2,114,194 | $752,777 | $1,361,417 |
| 2020 | $23,665 | $2,092,517 | $745,059 | $1,347,458 |
| 2019 | $23,229 | $2,051,488 | $730,450 | $1,321,038 |
| 2018 | $22,836 | $2,011,264 | $716,128 | $1,295,136 |
| 2017 | $22,449 | $1,971,829 | $702,087 | $1,269,742 |
| 2016 | $21,677 | $1,933,167 | $688,321 | $1,244,846 |
| 2015 | $21,323 | $1,904,130 | $677,982 | $1,226,148 |
| 2014 | $20,910 | $1,866,832 | $664,702 | $1,202,130 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Jacob Flowers
HomeSmart Realty West
(760) 814-0423
1 in this area
33 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NDP2300877
APN: 265-470-20
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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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