NOT LISTED FOR SALE

Estimated Value: $711,000 - $747,590

2 Beds
2.5 Baths
1,305 Sq Ft
$565/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $652,000 $500 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,202/month

12 Days on Market

Highlights

  • Neighborhood Views
  • Community Pool
  • Laundry Room
  • Double Peak School Rated A
  • 2 Car Attached Garage
  • Entrance Foyer

About This Home

As of April 2023

Welcome to Rancho Tesoro! Fabulous 2021 gated community - The Bungalow - home is only 2 years old. This gorgeous move-in ready townhome built in 2021 features 2 spacious bedrooms & 2.5 bathrooms, with an upgraded kitchen & open floor plan. The primary suite has en suite bathroom and spacious walk-in closet. Highlights of this home include an attached 2 car garage equipped with pre wiring for electric vehicle charging, FULLY PAID SOLAR, upgraded plank flooring, smart home capabilities, upstairs laundry room with space for large capacity stacked washer/dryer, an indoor/outdoor patio, energy efficient vinyl windows, energy efficient tankless water heater, designated pantry and LED recessed lighting throughout home. Your new community has a resort style pool, BBQ, playground, two lakes within walking distance, and acres of hiking and mountain biking trails just outside the gate. Only 5 minutes from Double Peak School and CSUSM is just down street, 10 minutes to San Elijo town center and San Marcos North City. Quick access to highway 78 and I-15.

Last Agent to Sell the Property

Timothy Feuling

Compass License #01946782 Listed on: 03/10/2023

Compass

Co-Listed By

Thao Ha

Compass License #02147300

Last Buyer's Agent

Evan Tando

ANR Finance and Real Estate License #01443545

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,307

Year Built

  • Built in 2021

HOA Fees

  • $271 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Neighborhood
  • Courtyard

Interior Spaces

  • 1,305 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Family Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Utilities

  • Central Air
  • No Heating

Additional Features

  • Two or More Common Walls
  • Suburban Location

Listing and Financial Details

  • Tax Tract Number 162
  • Assessor Parcel Number 2227730608
  • $2,700 per year additional tax assessments

Community Details

Overview

  • 220 Units
  • Prescott Associations Association, Phone Number (858) 946-0320

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Restriction

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,307

Year Built

Built in 2021

Lot Details

0

HOA Fees

$271 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Ring doorbell
  • Property Attached: Yes
  • View: Yes
  • Zoning: R1: Single Family Residence
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 2227730608
  • Year Built: 2021
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 1305.00 Square Feet
  • Stories: 3
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 499.62
  • Room Type: All Bedrooms Up, Family Room, Foyer, Kitchen, Master Bathroom, Master Bedroom

Exterior Features

  • View: Courtyard, Neighborhood
  • Fence: No
  • Pool Features: Association
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Pet Rules, Pets Permitted, Pool
  • Association Fee: 271.00
  • Association Fee Frequency: Monthly
  • Association Name: Prescott Associations
  • Phone: 858-946-0320
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: San Marcos Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 220

Tax Info

  • Tax Tract Number: Tr 162
  • TaxOtherAnnualAssessmentAmount: 2700.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Apr 5, 2023
Sold by
Frame Matthew and Frame Ashley
Bought by
Lentz David Michael and Lentz Christine
Seller's Agent
Timothy Feuling
Compass
Buyer's Agent
Evan Tando
ANR Finance and Real Estate
List Price
$649,000
Sold Price
$652,000
Premium/Discount to List
$3,000
0.46%
Views
46
Current Estimated Value
$743,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,820
Avg. Annual Appreciation
5.71%
Original Mortgage
$489,000
Outstanding Balance
$476,418
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$264,058

Purchase Details

Closed on
Apr 19, 2021
Sold by
Brookfield Latitude Llc
Bought by
Frame Matthew and Frame James Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,643
Interest Rate
3.05%
Mortgage Type
New Conventional
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
Lentz David Michael $652,000 First American Title
Frame Matthew $506,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lentz David Michael $489,000
Previous Owner Frame Matthew $480,643
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $652,000 +0.5% $500 / Sq Ft
03/23/2023 03/23/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $649,000 -- $497 / 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 $10,307 $678,338 $388,818 $289,520
2024 $10,307 $665,039 $381,195 $283,844
2023 $8,600 $526,379 $301,716 $224,663
2022 $8,458 $516,058 $295,800 $220,258
2021 $4,344 $156,213 $36,213 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2301653

California Regional Multiple Listing Service (CRMLS)

APN: 222-773-06-08