641 Merit Drive

Local assessors in San Marcos, CA have categorized 641 Merit Drive as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 26,853 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 641 Merit Drive has a total of 2,408 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 641 Merit Drive was last sold in May 1, 2018 for $732,500. According to our calculations, that's $304.19 per sqft. Prior to that sales transaction, the property was sold for $693,000 in Mar 28, 2018. Current property owners are expected to pay $10,921 in taxes per year. The property on 641 Merit Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $757,440. To break that down further, the land itself was valued at $360,901. While improvements to the property were assessed at a total of $396,539. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.