NOT LISTED FOR SALE

Estimated Value: $1,925,000 - $2,412,000

5 Beds
3 Baths
3,408 Sq Ft
$663/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $2,080,000 $610 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $14,476/month

5 Days on Market

Highlights

  • Fitness Center
  • Solar Heated Lap Pool
  • View of Hills
  • El Camino Creek Elementary School Rated A
  • Primary Bedroom Suite
  • Clubhouse

About This Home

As of April 2022

Welcome to 8048 Corte Sasafras located on a friendly cul-de-sac in the highly desirable community of La Costa Valley! Step inside this model-like home to custom paint finishes and Clerestory window treatments, 18” ceramic tile flooring, & soaring ceilings. Formal living area situated under cathedral ceilings ideal for relaxation and quiet conversation. Enter the formal dining room through beautiful lighted China cabinets. Gourmet kitchen features warm-tone slab granite countertops, white custom Euro cabinets, oversized center island with sink, 6-burner gas cook top & breakfast nook area. Spacious adjoining family room features built-ins for entertainment, surround-sound ceiling speakers, & cozy fireplace. Downstairs also includes a bedroom with an adjacent full bath. There is also a fully finished office just off of the garage w separate entrance. Upstairs you will find a spacious work area with custom cabinetry. Also upstairs are 4 more bedrooms with two full baths. The master suite has 9’ coffered ceilings, crown and base moldings, double French doors with privacy balcony and an elevated retreat area. The master bath features his and her vanities, glass block shower and soaking tub. Adjacent is a large his & her walk-in closet and a hobby room with TV and seating. The exterior is highlighted by lush tropical landscaping and natural stone accents, including an outdoor firepit, cabana, café lights, and succulent garden fountains. A paid-for solar system was installed in 2019 which has reduced homeowner’s electrical consumption to effectively zero annual cost. La Costa Valley enjoys the state-of-the-art Valley Club which features a junior Olympic-size pool, kid’s pool, hot tub, tennis courts, workout room, private day care and kindergarten facility, numerous parks and jogging trails all for $132/mo. This neighborhood also boasts highly acclaimed and winning schools, including El Camino award Creek Elementary. Near-by are also the Forum Shops and restaurants, Encinitas Ranch Town Center, fabulous beaches, golf, movie theaters, La Costa Resort, Palomar Airport and much more. Come see!

Last Agent to Sell the Property

Ebin Smith

Compass License #01293566 Listed on: 02/22/2022

Compass

Last Buyer's Agent

Seema Makwana

Realty One Group License #02048589

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,347

Year Built

  • Built in 2001

Lot Details

  • 6,614 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Sprinklers Throughout Yard
  • Lawn
  • Garden
  • Property is zoned R-1:SINGLE FAM-RES

HOA Fees

  • $132 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Hills
  • Park or Greenbelt
  • Neighborhood

Interior Spaces

  • 3,408 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Home Office

Kitchen

  • Open to Family Room
  • Six Burner Stove
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Pool

  • Solar Heated Lap Pool
  • Solar Heated In Ground Pool
  • Exercise
  • In Ground Spa

Outdoor Features

  • Exterior Lighting

Location

  • Property is near a park
  • Urban Location

Utilities

  • Cooling Available
  • No Heating

Listing and Financial Details

  • Tax Tract Number 13636
  • Assessor Parcel Number 2553100900
  • $1,246 per year additional tax assessments

Community Details

Overview

  • La Costa Valley HOA, Phone Number (760) 635-8633
  • Greenbelt

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,347

Year Built

Built in 2001

Lot Details

0

HOA Fees

$132 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Carlsbad South
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2553100900
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3408.00
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 610.33
  • Room Type: Den, Family Room, Formal Entry, Foyer, Great Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Office, Walk-In Closet
  • Spa Features: In Ground
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Kitchen Island

Exterior Features

  • View: Hills, Neighborhood, Park/Greenbelt
  • Fence: No
  • Pool Features: Community, Exercise Pool, In Ground, Lap, Solar Heat
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: No
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In, Dishwasher, Disposal, Gas Cooktop, Microwave
  • Laundry Features: Individual Room, Inside, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Gym/Ex Room, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 132.00
  • Association Fee Frequency: Monthly
  • Association Name: La Costa Valley HOA
  • Phone: 7606358633
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Urban, Biking, Hiking, Park

Schools

  • School District: Encinitas Union

Lot Info

  • Land Lease: No
  • Lot Features: Cul-De-Sac, Front Yard, Garden, Greenbelt, Landscaped, Lawn, Level with Street, Lot 6500-9999, Level, Park Nearby, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side
  • Lot Size Sq Ft: 6614.00
  • Lot Size Acres: 0.1518

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6614.0000 Square Feet
  • Number Of Units In Community: 1100

Tax Info

  • Tax Tract Number: 013636
  • TaxOtherAnnualAssessmentAmount: 1246.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2022
Closed on
Mar 23, 2022
Sold by
Makwana Seema M
Bought by
Makwana Mahesh
Seller's Agent
Ebin Smith
Compass
Buyer's Agent
Seema Makwana
Realty One Group
List Price
$1,999,999
Sold Price
$2,080,000
Premium/Discount to List
$80,001
4%
Current Estimated Value
$2,260,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,144
Avg. Annual Appreciation
2.76%
Original Mortgage
$160,000
Outstanding Balance
$137,221
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$2,137,579

Purchase Details

Listed on
Feb 22, 2022
Closed on
Mar 22, 2022
Sold by
Walker John E
Bought by
Makwana Mahesh
Seller's Agent
Ebin Smith
Compass
Buyer's Agent
Seema Makwana
Realty One Group
List Price
$1,999,999
Sold Price
$2,080,000
Premium/Discount to List
$80,001
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$137,221
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$2,137,579

Purchase Details

Closed on
Sep 26, 2003
Sold by
Walker John E and Walker Sherri F
Bought by
Walker John E and Walker Sherri F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2001
Sold by
Walker John E and Walker Sherri F
Bought by
Walker John E and Walker Sherri F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.87%

Purchase Details

Closed on
Jun 8, 2001
Sold by
Walker John E and Walker Sherri F
Bought by
Walker John E and Walker Sherri F

Purchase Details

Closed on
Aug 3, 2000
Sold by
Greystone Homes Inc
Bought by
Walker John E and Walker Sherri F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,200
Interest Rate
7.37%
Source: Public Records

Range of Values:

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Average Value
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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
Makwana Mahesh $2,080,000 Equity Title
Walker John E -- Old Republic Title
Walker John E -- Fidelity National Title
Walker John E -- --
Walker John E $529,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Makwana Mahesh $160,000
Open Makwana Mahesh $350,000
Previous Owner Walker John E $690,000
Previous Owner Walker John E $634,000
Previous Owner Walker John E $618,000
Previous Owner Walker John E $618,000
Previous Owner Walker John E $250,000
Previous Owner Walker John E $250,000
Previous Owner Walker John E $497,000
Previous Owner Walker John E $488,000
Previous Owner Walker John E $480,000
Previous Owner Walker John E $50,000
Previous Owner Walker John E $423,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $2,080,000 +4.0% $610 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $1,999,999 -- $587 / 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
2024 $22,347 $1,985,000 $1,412,000 $573,000
2023 $20,226 $1,796,000 $1,277,000 $519,000
2022 $9,164 $751,128 $312,377 $438,751
2021 $9,027 $736,401 $306,252 $430,149
2020 $8,895 $728,851 $303,112 $425,739
2019 $8,734 $714,561 $297,169 $417,392
2018 $8,596 $700,551 $291,343 $409,208
2017 $8,461 $686,816 $285,631 $401,185
2016 $8,225 $673,350 $280,031 $393,319
2015 $8,094 $663,236 $275,825 $387,411
2014 $7,927 $650,245 $270,422 $379,823
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2201503

California Regional Multiple Listing Service (CRMLS)

APN: 255-310-09