NOT LISTED FOR SALE

Estimated Value: $554,424 - $631,000

2 Beds
2 Baths
948 Sq Ft
$314/mo HOA Fee

Last Sold September 20, 2016

Last sale price $287,500 $303 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,698/month

6 Days on Market

Highlights

  • Community Pool
  • Laundry Room
  • Forced Air Heating and Cooling System
  • La Costa Meadows Elementary Rated A

About This Home

As of September 2016

This adorable turnkey unit is located in a quiet spot with gentle breezes. Wood floors, light & bright, updated paint, great storage and in unit laundry. West facing balcony brings the breeze inside with lots of light in the afternoons. AC too! Single car garage plus one space. HOA includes trash and water. No Mello Roos. Near pool, tennis courts, fitness. In the award winning San Marcos school district, walk to shopping and restaurants. Close to golf, movies, freeways and Palomar Airport. MUST SEE! Neighborhoods: San Marcos Equipment: Dryer, Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected Topography: LL

Last Agent to Sell the Property

Mary Simmons-Maloney

eXp Realty of California, Inc License #01405238 Listed on: 07/13/2016

eXp Realty of California, Inc

Last Buyer's Agent

Jennifer Greifendorf

Your Real Estate Place License #01934387

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,656

Year Built

  • Built in 1986

Lot Details

  • 6.99

HOA Fees

  • $314 Monthly HOA Fees

Parking

  • 1 Open Parking Space
  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Entry on the 2nd floor
  • Stucco

Interior Spaces

  • 948 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2216111273

Community Details

Overview

  • 88 Units
  • Sommerset Association, Phone Number (760) 634-4700
  • Sommerset by the Lake

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,656

Year Built

Built in 1986

Lot Details

0

HOA Fees

$314 per month

Parking

1

Listing Details

  • Park Name: Sommerset by the Lake
  • Property Attached: Yes
  • Subdivision Name Other: San Marcos
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2216111273
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Living Area: 948.00
  • Stories: 1
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 2
  • Levels: One
  • Price Per Square Foot: 303.27

Exterior Features

  • Fence: No
  • Pool Features: Community
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Heating Type: Natural Gas, Forced Air
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 314.00
  • Association Fee Frequency: Monthly
  • Association Name: Sommerset
  • Phone: 760-634-4700

Multi Family

  • Number Of Units In Community: 88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2016
Closed on
Jul 22, 2016
Sold by
Williams Joel and Williams Maria
Bought by
Jones Dennis P and Jones Janet L
Seller's Agent
Mary Simmons-Maloney
eXp Realty of California, Inc
Buyer's Agent
Jennifer Greifendorf
Your Real Estate Place
List Price
$287,500
Sold Price
$287,500
Current Estimated Value
$583,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,606
Avg. Annual Appreciation
8.05%

Purchase Details

Closed on
Apr 11, 2014
Sold by
Rhymer Michael J
Bought by
Williams Joel and Williams Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 1997
Sold by
Rhymer Michael J
Bought by
Rhymer Michael J

Purchase Details

Closed on
Apr 8, 1994
Sold by
San Marcos Investments
Bought by
Rhymer Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,615
Interest Rate
7.38%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Jones Dennis P $287,500 Title 365
Williams Joel $219,000 Lawyers Title Company
Rhymer Michael J -- --
Rhymer Michael J $89,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Joel $175,000
Previous Owner Rhymer Michael J $86,615
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2016 09/20/16 Sold $287,500 0.0% $303 / Sq Ft
07/19/2016 07/19/16 Pending -- -- --
07/13/2016 07/13/16 For Sale $287,500 -- $303 / 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 $3,656 $333,661 $177,480 $156,181
2024 $3,656 $327,119 $174,000 $153,119
2023 $3,589 $320,706 $170,589 $150,117
2022 $3,540 $314,419 $167,245 $147,174
2021 $3,482 $308,255 $163,966 $144,289
2020 $3,450 $305,095 $162,285 $142,810
2019 $3,411 $299,113 $159,103 $140,010
2018 $3,304 $293,249 $155,984 $137,265
2017 $3,240 $287,500 $152,926 $134,574
2016 $2,760 $243,349 $129,441 $113,908
2015 $2,721 $239,694 $127,497 $112,197
2014 $1,336 $123,239 $29,780 $93,459
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 160038844

California Regional Multiple Listing Service (CRMLS)

APN: 221-611-12-73