PENDING
$20K PRICE DROP
868 S Rancho Santa fe Rd Unit A San Marcos, CA 92078
Palomar Estates NeighborhoodEstimated payment $3,997/month
Total Views
7,465
2
Beds
2
Baths
948
Sq Ft
$585
Price per Sq Ft
Highlights
- Two Primary Bedrooms
- Main Floor Bedroom
- 1 Car Detached Garage
- La Costa Meadows Elementary Rated A
- Community Pool
- Laundry Room
About This Home
An amazing opportunity to own this beautiful and quiet two bedroom, downstairs condo.This property also has two full baths and an in-unit full size laundry. There is a large sliding glass door that leads out to a very secluded outdoor patio to relax in and watch the sunrise. There are brand-new stylish laminate floors as well as a freshly painted kitchen. Keep the temperature nice and cool with the AC unit. A garage is also included to park your car and store belongings. There are a lot of benefits that are included with the HOA, such as a pristine pool, lovely tennis courts and maintained grounds. It is in an incredibly walkable location to Lake San Marcos and lots of delicious restaurants nearby, as well as two very close grocery stores. Perfect for first-time homebuyers or as an investment property.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,547
Year Built
- Built in 1986
HOA Fees
- $600 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Garage Door Opener
- Assigned Parking
Home Design
- Clay Roof
- Stucco Exterior
Interior Spaces
- 948 Sq Ft Home
- 2-Story Property
- Dining Area
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Main Floor Bedroom
- Double Master Bedroom
- 2 Full Bathrooms
Laundry
- Laundry Room
- Full Size Washer or Dryer
- Dryer
- Washer
Additional Features
- Gentle Sloping Lot
- Separate Water Meter
Listing and Financial Details
- Assessor Parcel Number 221-611-12-60
Community Details
Overview
- Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, trash pickup
- 8 Units
- Sommerset By The Lake Association
- Sommerset By The Lake Community
Recreation
- Community Pool
Map
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Home Values in the Area
Average Home Value in this Area
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 | $4,547 | $288,069 | $210,262 | $77,807 |
| 2024 | $4,547 | $282,422 | $206,140 | $76,282 |
| 2023 | $4,489 | $276,886 | $202,099 | $74,787 |
| 2022 | $4,447 | $271,458 | $198,137 | $73,321 |
| 2021 | $4,397 | $266,136 | $194,252 | $71,884 |
| 2020 | $4,324 | $263,408 | $192,261 | $71,147 |
| 2019 | $4,291 | $258,244 | $188,492 | $69,752 |
| 2018 | $4,192 | $253,182 | $184,797 | $68,385 |
| 2017 | $4,117 | $248,219 | $181,174 | $67,045 |
| 2016 | $4,075 | $243,353 | $177,622 | $65,731 |
| 2015 | $2,721 | $239,698 | $174,954 | $64,744 |
| 2014 | $2,659 | $235,003 | $171,527 | $63,476 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2025 08/21/25 | Pending | -- | -- | -- |
| 08/07/2025 08/07/25 | Price Changed | $555,000 | -3.5% | $585 / Sq Ft |
| 07/13/2025 07/13/25 | For Sale | $575,000 | -- | $607 / Sq Ft |
Source: San Diego MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Grant Deed | $72,000 | Old Republic Title Company | |
| Deed | $103,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $107,500 | New Conventional | |
| Closed | $125,250 | New Conventional | |
| Closed | $129,000 | New Conventional | |
| Closed | $125,000 | Unknown | |
| Closed | $64,600 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $60,000 | Unknown | |
| Previous Owner | $48,000 | Purchase Money Mortgage | |
| Closed | $20,000 | No Value Available |
Source: Public Records
Similar Homes in San Marcos, CA
Source: San Diego MLS
MLS Number: 250033331
APN: 221-611-12-60
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