NOT LISTED FOR SALE

868 S Rancho Santa fe Rd Unit H San Marcos, CA 92078

Palomar Estates Neighborhood

Estimated Value: $561,531 - $576,000

2 Beds
2 Baths
948 Sq Ft
$275/mo HOA Fee

Last Sold August 30, 2012

Last sale price $162,000 $171 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $3,545/month

576 Days on Market

Highlights

  • In Ground Pool
  • No Units Above
  • Mountain View
  • La Costa Meadows Elementary Rated A
  • Two Primary Bedrooms
  • Deck

About This Home

As of August 2012

Beautiful upstairs condo with great view of surrounding area. Wonderful location, really nice clean complex across from Lake San Marcos. Inside laundry, two master suites, light & bright, newer carpet & paint. Great price! [Supplement]: Call Linda for latest update on back HOA dues & collection agency.

Last Agent to Sell the Property

Linda Krikorian

Coldwell Banker Realty License #00782670 Listed on: 01/02/2011

Coldwell Banker Realty

Last Buyer's Agent

Dave Zulick

HomeSmart Realty West License #01313791

HomeSmart Realty West

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,204

Year Built

  • Built in 1986

Lot Details

  • No Units Above
  • End Unit
  • Partially Fenced Property
  • Lot Has A Rolling Slope
  • Sprinklers on Timer

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 1 Open Parking Space
  • Detached Carport Space
  • Parking Available
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Fire Rated Drywall
  • Tile Roof
  • Stucco

Interior Spaces

  • 948 Sq Ft Home
  • 1-Story Property
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2216111263

Community Details

Overview

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

Recreation

  • Community Pool
  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,204

Year Built

Built in 1986

Lot Details

0

HOA Fees

$275 per month

Parking

1

Listing Details

  • Assessments: No
  • Park Name: Sommerset by the Lake
  • Subdivision Name Other: SAN MARCOS
  • View: Yes
  • Zoning: R-1
  • Architectural Style: Mediterranean, Spanish
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2216111263
  • Year Built: 1986
  • Special Features: 12

Interior Features

  • Fireplace: No
  • Living Area: 948.00 Square Feet
  • Stories: 1
  • Common Walls: End Unit, No One Above
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook
  • Levels: One
  • Price Per Square Foot: 170.89
  • Room Type: Main Floor Bedroom, Main Floor Master Bedroom, Two Masters

Exterior Features

  • Patio: Yes
  • Other Structures: Tennis Court Private
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Partial
  • Patio And Porch Features: Deck
  • Pool Features: Community, In Ground
  • Pool Private: No
  • Roof: Tile
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Detached Carport, Garage Door Opener
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Refrigerator
  • Heating Type: Electric, Forced Air
  • Laundry Features: Electric Dryer Hookup, In Closet
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 275.00
  • Association Fee Frequency: Monthly
  • Association Name: Sommerset by the Lake
  • Phone: 760-634-4700
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs

Schools

  • School District: San Marcos Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Rolling Slope, Sprinkler System, Sprinklers Timer

Multi Family

  • Number Of Units In Community: 88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2025
Sold by
Armstrong Elaine
Bought by
Elaine M Armstrong Living Trust and Armstrong
Current Estimated Value
$566,383

Purchase Details

Listed on
Jan 2, 2011
Closed on
Jul 31, 2012
Sold by
Armstrong Wayne
Bought by
Armstrong Elaine
Seller's Agent
Linda Krikorian
Coldwell Banker Realty
Buyer's Agent
Dave Zulick
HomeSmart Realty West
List Price
$175,000
Sold Price
$162,000
Premium/Discount to List
-$13,000
-7.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.10%
Original Mortgage
$100,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2004
Sold by
Youngs Forrest L
Bought by
Youngs Forrest L

Purchase Details

Closed on
Nov 9, 1999
Sold by
Flores Emma G
Bought by
Youngs Forrest L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,510
Interest Rate
7.83%
Mortgage Type
VA

Purchase Details

Closed on
Jan 19, 1993
Source: Public Records

Range of Values:

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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
Elaine M Armstrong Living Trust -- None Listed On Document
Armstrong Elaine -- Equity Title San Diego
Armstrong Elaine $162,000 Equity Title San Diego
Youngs Forrest L -- --
Youngs Forrest L $117,000 First American Title
-- $102,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Armstrong Elaine $100,000
Previous Owner Youngs Forrest L $74,823
Previous Owner Youngs Forrest L $40,000
Previous Owner Youngs Forrest L $258,341
Previous Owner Youngs Forrest L $181,000
Previous Owner Youngs Forrest L $33,000
Previous Owner Youngs Forrest L $120,510
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2012 08/30/12 Sold $162,000 -7.4% $171 / Sq Ft
07/31/2012 07/31/12 Pending -- -- --
01/02/2011 01/02/11 For Sale $175,000 -- $185 / 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 $2,204 $199,479 $68,195 $131,284
2024 $2,204 $195,568 $66,858 $128,710
2023 $2,163 $191,735 $65,548 $126,187
2022 $2,134 $187,976 $64,263 $123,713
2021 $2,099 $184,291 $63,003 $121,288
2020 $2,080 $182,402 $62,357 $120,045
2019 $2,057 $178,827 $61,135 $117,692
2018 $1,992 $175,322 $59,937 $115,385
2017 $1,954 $171,885 $58,762 $113,123
2016 $1,924 $168,515 $57,610 $110,905
2015 $1,897 $165,985 $56,745 $109,240
2014 $1,854 $162,735 $55,634 $107,101
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 110000124

California Regional Multiple Listing Service (CRMLS)

APN: 221-611-12-63