See Home Value
San Marcos 92069
426 Palm Road
$745,000
● House - Off Market

426 Palm Road

San Marcos, CA 92069
bedrooms
4 Beds
bathrooms
4 Baths
square feet
1,898 Ft²
$1,215,599
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

SELLER WILL CONSIDER OFFERS BETWEEN $749,000 - $799,000 This incredibly rare residence could be your perfect solution for living & working from home, or you can take advantage of the many revenue options for an amazing monthly income. Set on a stunning .75-acre lot, this property comprises a fully updated 4 bedroom, 4 bathroom, dbl garage, single-family residence with a spectacular workshop.  The connected 1 bed, 1 bath suite is ideal for in-law accommodation with private entrance & separate outdoor entertaining area. In the middle of the lot is a huge paved parking area with ample off-street parking for many vehicles. At the rear of the lot is a huge 2,230 sqft light industrial workshop with complete LED lighting, insulation, a full bathroom with shower and private driveway with secured gate. The property is fully permitted. The city has advised that it is eligible to add an ADU (ACCESSORY DWELLING UNIT). The residence has been described by the city planners as "THE ONLY RESIDENCE IN SAN MARCOS WITH A SHOP LIKE THIS AND THERE WILL NEVER BE ANOTHER". (The shop area was built during county planning control and legally grandfathered). Literally within 600 feet to Palomar College and light rail mass transit, and moments to various shopping attractions and the 78 freeway..  Neighborhoods: Palomar Collage Complex Features: , Equipment: Garage Door Opener Other Fees: 0 Sewer:  Public Sewer Topography: LL
Unit Size
1,898 Ft²
Days on Market
143 days
Land Size
0.75 acres
Price per sqft
$421
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958

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Last updated: 4 months ago (SDMLS #180042104)

Price History

Date / Event Date Event Price
Dec 21, 2018 Sold
Sold
Jul 31, 2018 Listed by Pacific Sotheby's Int'l Realty $799,000
Listed by Pacific Sotheby's Int'l Realty

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,670
  • Total Building Area: 1,956
  • Building Area: 1,956
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,956
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRING VALLEY ESTATES
  • Land Acres: 0000000750
  • Standard Land Use Code: 1001
  • County Land Use Code: 11
  • Legal Description 1: SEC 10-12-3W POR

Neighborhood

  • School District Name: San Marcos Unified School District
  • School Tax School District: SAN MARCOS CITY
  • Census Tract: 020021

Zoning

  • Zoning: R-1-10

Geography

  • Parcel: 220-010-26-00
  • Lot: 431
  • Meridian: SEC 10 TWN 12 RNG 03W
  • Municipality: CITY OF SAN MARCOS
  • Latitude: 33.1509
  • Longitude: -117.188

    Address

  • Full Address: 426 Palm Rd
  • Address - House Number: 426
  • Address - Street Name: Palm
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: San Marcos
  • Carrier Code: C008
  • 4-Digit Zip Code: 1426
  • Zip Code: 92069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $886,196
  • Tax Rate Code Area: 13-115

    Appraisal Valuation

  • Standard Deviation: 0.1486
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 82
  • Final Value: 1,147,789
  • High Value: 1,318,366
  • Low Value: 977,212

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $798,788
  • Assessed Land Value: $515,276
  • Assessed Improvements Value: $283,512

    Sales

  • Current Sale Contract Date: Nov 12, 2018
  • Current Sale Recording Date: Dec 21, 2018
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2018-0524765
  • Previous Sale Recording Date: Aug 12, 2015
  • Previous Sale Contract Date: Aug 04, 2015
  • Previous Sale Amount: $540,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About San Marcos


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Frequently Asked Questions

When was property at 426 Palm Road built and last sold?
The property at 426 Palm Road was built in 1958 and last sold on Nov 12, 2018 for $745,000.
How much is this home worth?
The estimated value of the home located at 426 Palm Road is $812,556.
What are some comparable homes to 426 Palm Road?
There are currently no comparable homes to 426 Palm Road.