NOT LISTED FOR SALE

902 S Rancho Santa fe Rd Unit E San Marcos, CA 92078

Palomar Estates Neighborhood

Estimated Value: $567,000 - $639,000

2 Beds
2 Baths
948 Sq Ft
$535/mo HOA Fee

Last Sold August 23, 2024

Last sale price $625,000 $659 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,021/month

5 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • No Units Above
  • La Costa Meadows Elementary Rated A
  • In Ground Pool
  • Community Lake

About This Home

As of August 2024

Beautiful move-in ready 2 bed 2 bath with an ocean view at the top of this clean, quiet Somerset by The Lake condo complex! The dual primary layout of this unit gives a sense of comfort and privacy, while in unit laundry, newer windows, updated floors, and many other upgrades give you convenient, modern living. Step outside your door and feel the ocean breeze as you walk across the street to the lakehouse to enjoy the world class, Amalfi restaurant, or even just grab a pool float from your own private, detached garage and walk to the bottom of your complex for a swim in the sparkling, newly resurfaced pool and spa, it’s all all right here and meticulously maintained for an incredible price.

Last Agent to Sell the Property

Nick Ergin

Real Broker License #02130513 Listed on: 07/25/2024

Real Broker

Co-Listed By

George Fillippis

Real Broker License #02082015

Last Buyer's Agent

Dana Angus

Re/Max Associates License #01092560

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,948

Year Built

  • Built in 1986

Lot Details

  • No Units Above
  • End Unit
  • Two or More Common Walls

HOA Fees

  • $535 Monthly HOA Fees

Parking

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

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 948 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Living Room
  • Ocean Views
  • Attic

Kitchen

  • Galley Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Mirrored Closets Doors
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • ENERGY STAR Qualified Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Tax Tract Number 11188
  • Assessor Parcel Number 2216111237

Community Details

Overview

  • 88 Units
  • Sommerset By The Lake HOA, Phone Number (760) 634-4700
  • Prescott Companies HOA
  • Sommerset By The Lake
  • Community Lake

Amenities

  • Meeting Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,948

Year Built

Built in 1986

Lot Details

0

HOA Fees

$535 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Park Name: Sommerset By The Lake
  • Property Attached: Yes
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2216111237
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 948.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 2+ Common Walls, End Unit, No One Above
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Mirror Closet Door(s)
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 659.28
  • Room Type: Attic, Galley Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom
  • Spa Features: In Ground
  • Window Features: Blinds, Double Pane Windows, Screens

Exterior Features

  • View: Ocean
  • Fence: No
  • Pool Features: Community, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Parking Space
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Disposal, Gas Water Heater, High Efficiency Water Heater, Microwave, Refrigerator, Self Cleaning Oven
  • Heating Type: Central, Electric
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Gym/Ex Room, Meeting Room, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 535.00
  • Association Fee Frequency: Monthly
  • Association Name: Sommerset By The Lake HOA
  • Phone: (760) 634-4700
  • Senior Community: No
  • Community Features: Sidewalks, Lake
  • Association Management: Prescott Companies

Lot Info

  • Land Lease: No
  • Lot Features: Near Public Transit

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 88

Tax Info

  • Tax Tract Number: 011188

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Aug 5, 2024
Sold by
Secades Miriam and Miriam Secades Living Trust
Bought by
Thornton Michael and Foltz Emilee F
Seller's Agent
Nick Ergin
Real Broker
Buyer's Agent
Dana Angus
Re/Max Associates
List Price
$599,000
Sold Price
$625,000
Premium/Discount to List
$26,000
4.34%
Views
48
Current Estimated Value
$597,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,864
Avg. Annual Appreciation
-3.89%
Original Mortgage
$18,750
Outstanding Balance
$11,019
Interest Rate
6.89%
Mortgage Type
FHA
Estimated Equity
$586,117

Purchase Details

Closed on
Feb 12, 2015
Sold by
Secades Miriam
Bought by
Secades Miriam

Purchase Details

Closed on
Jun 22, 2007
Sold by
Edwards Lance H and Edwards Kathryn A
Bought by
Secades Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2004
Sold by
Das Biswarup and Das Mira
Bought by
Edwards Lance H and Edwards Kathryn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2002
Sold by
Bennett Patrice J
Bought by
Das Biswarup and Das Mira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,400
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2000
Sold by
Hess Chris A
Bought by
Bennett Patrice J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Interest Rate
7.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 1991
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
Thornton Michael $625,000 Homelight Title
Secades Miriam -- None Available
Secades Miriam $280,000 Commonwealth Land Title
Edwards Lance H $290,000 First American Title Ins Co
Das Biswarup $223,000 First American Title
Bennett Patrice J $136,000 California Title Company
-- $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thornton Michael $18,750
Open Thornton Michael $593,750
Previous Owner Secades Miriam $224,000
Previous Owner Edwards Lance H $232,000
Previous Owner Das Biswarup $178,400
Previous Owner Bennett Patrice J $108,800
Closed Edwards Lance H $29,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2024 08/23/24 Sold $625,000 +4.3% $659 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $599,000 -- $632 / 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 $3,948 $625,000 $401,787 $223,213
2024 $3,948 $360,553 $231,785 $128,768
2023 $3,874 $353,485 $227,241 $126,244
2022 $3,820 $346,555 $222,786 $123,769
2021 $3,756 $339,761 $218,418 $121,343
2020 $3,720 $336,278 $216,179 $120,099
2019 $3,677 $329,686 $211,941 $117,745
2018 $3,356 $305,000 $191,000 $114,000
2017 $3,078 $280,000 $176,000 $104,000
2016 $2,757 $250,000 $158,000 $92,000
2015 $3,026 $230,000 $146,000 $84,000
2014 $2,303 $210,000 $134,000 $76,000
Source: Public Records

Agents Affiliated with this Home

  • Nick Ergin

    Seller's Agent in 2024

    Nick Ergin

    Real Broker

    (760) 420-0309

    3 in this area

    13 Total Sales

    Nick Ergin
    Section Image
  • George Fillippis

    Seller Co-Listing Agent in 2024

    George Fillippis

    Real Broker

    (661) 481-4455

    2 in this area

    145 Total Sales

    George Fillippis
    Section Image

  • D

    Buyer's Agent in 2024

    Dana Angus

    Re/Max Associates

  • Frani Foltz

    Buyer's Agent in 2024

    Frani Foltz

    Michael David Financial Inc.

    (760) 672-3364

    1 in this area

    77 Total Sales

    Frani Foltz
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2406383

California Regional Multiple Listing Service (CRMLS)

APN: 221-611-12-37

California San Diego County San Marcos 92078 Palomar Estates

902 S Rancho Santa fe Rd Unit E, San Marcos, CA

This home is located at 902 S Rancho Santa fe Rd Unit E, San Marcos, CA 92078 since 25 July 2024 and is currently estimated at $597,136, approximately $629 per square foot. This property was built in 1986. 902 S Rancho Santa fe Rd Unit E is a home located in San Diego County with nearby schools including La Costa Meadows Elementary, San Elijo Middle School, and San Marcos High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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