NOT LISTED FOR SALE

Estimated Value: $795,377 - $998,000

3 Beds
2.5 Baths
1,549 Sq Ft
$558/Sq Ft Est. Value

Last Sold February 06, 2023

Last sale price $718,000 $464 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,747/month

155 Days on Market

Highlights

  • Primary Bedroom Suite
  • View of Hills
  • Clubhouse
  • Double Peak School Rated A
  • Community Lake
  • Granite Countertops

About This Home

As of February 2023

Beautiful Latitude townhome located within the prestigious gated community of Rancho Tesoro! Boasting an array of sleek finishes and a thoughtful open plan layout, this immaculate 3 bed 3 bath townhome is the ideal of Southern California living. A patio entrance welcomes you into the home's entryway. Upstairs the home flows into a brilliant, open-concept main-level seamlessly connecting the kitchen and living areas. The contemporary kitchen is the heart of the home equipped with quartz counters, subway tiles, and new stainless steel appliances. Open to the kitchen, the light-filled living room offers the perfect balance for casual lounging or hosting elevated gatherings alike with sizable balcony. All bedrooms boast custom roller shades on each window and designer light fixtures. The Primary bedroom ensuite bathroom has quartz counters, oversized walk-in closet, dual sinks & walk-in shower. Attached 2 car garage with tankless water heater. This coveted master-planned community offers resort-style amenities including a community pool & spa, playgrounds, BBQ and large grass area. Explore nearby San Elijo Hills, Double Peak and Lake San Marcos. Close proximity to highly acclaimed San Marcos schools, Cal State University San Marcos-CSUSM, a multitude of shopping and dining options with quick freeway access. This is more than a home, it’s a lifestyle!

Last Agent to Sell the Property

Verner Dixon

HomeSmart Realty West License #02037884 Listed on: 08/04/2022

HomeSmart Realty West

Last Buyer's Agent

Neil Saks

Douglas Elliman of California, Inc. License #02122101

Douglas Elliman of California, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,351

Year Built

  • Built in 2020

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Hills
  • Neighborhood
  • Courtyard

Interior Spaces

  • 1,549 Sq Ft Home
  • Double Pane Windows
  • Custom Window Coverings
  • Roller Shields
  • Blinds
  • Entryway
  • Family Room
  • Living Room

Kitchen

  • Gas Oven or Range
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Utilities

  • Central Air
  • No Heating
  • Tankless Water Heater

Additional Features

  • 1 Common Wall
  • Suburban Location

Listing and Financial Details

  • Tax Tract Number 13290
  • Assessor Parcel Number 2227730804
  • $2,681 per year additional tax assessments

Community Details

Overview

  • 220 Units
  • Prescott Associations Association, Phone Number (858) 946-0320
  • Latitude
  • Community Lake
  • Foothills

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Park
  • Hiking Trails
  • Bike Trail

Security

  • Security Service

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,351

Year Built

Built in 2020

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Refrigerator, dishwasher, microwave, stove, washer/dryer.
  • Park Name: Latitude
  • Property Attached: Yes
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 2227730804
  • Year Built: 2020
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1549.00 Square Feet
  • Interior Amenities: Balcony, Granite Counters, Living Room Balcony
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Price Per Square Foot: 463.52
  • Room Type: All Bedrooms Up, Entry, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet
  • Window Features: Blinds, Custom Covering, Double Pane Windows, Roller Shields
  • Bathroom Features: Double Sinks In Primary Bath, Exhaust Fan(s)

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooking, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Biking Trails, Clubhouse, Hiking Trails, Lake or Pond, Outdoor Cooking Area, Picnic Area, Playground, Pool, Recreational Park, Security
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Association Name: Prescott Associations
  • Phone: 858-946-0320
  • Senior Community: No
  • Community Features: Foothills, Sidewalks, Street Lights, Suburban, Hiking, Park

Lot Info

  • Land Lease: No

Multi Family

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

Tax Info

  • Tax Tract Number: 13290
  • TaxOtherAnnualAssessmentAmount: 2681.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Jan 25, 2023
Sold by
Brown Warren and Tumay Tunur
Bought by
Gali Ramakrishna R and Donthireddy Susheela R
Seller's Agent
Verner Dixon
HomeSmart Realty West
Buyer's Agent
Neil Saks
Douglas Elliman of California, Inc.
List Price
$845,000
Sold Price
$718,000
Premium/Discount to List
-$127,000
-15.03%
Views
27
Current Estimated Value
$865,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,094
Avg. Annual Appreciation
7.09%
Original Mortgage
$704,995
Outstanding Balance
$682,634
Interest Rate
6.27%
Mortgage Type
FHA
Estimated Equity
$182,460
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
Gali Ramakrishna R $718,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gali Ramakrishna R $704,995
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2023 02/06/23 Sold $718,000 -4.3% $464 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
10/06/2022 10/06/22 Price Changed $750,000 -6.1% $484 / Sq Ft
09/15/2022 09/15/22 Price Changed $799,000 -3.0% $516 / Sq Ft
09/08/2022 09/08/22 Price Changed $824,000 -1.2% $532 / Sq Ft
08/16/2022 08/16/22 Price Changed $834,000 -1.3% $538 / Sq Ft
08/04/2022 08/04/22 For Sale $845,000 -- $546 / 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 $11,351 $747,005 $419,141 $327,864
2024 $11,351 $732,359 $410,923 $321,436
2023 $9,302 $556,270 $312,120 $244,150
2022 $9,073 $545,363 $306,000 $239,363
2021 $8,849 $534,670 $300,000 $234,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2208207

California Regional Multiple Listing Service (CRMLS)

APN: 222-773-08-04