NOT LISTED FOR SALE

Estimated Value: $1,427,229 - $2,060,000

4 Beds
2 Baths
1,628 Sq Ft
$1,077/Sq Ft Est. Value

Last Sold August 06, 2018

Last sale price $967,501 $594 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $10,166/month

9 Days on Market

About This Home

As of August 2018

Great Investment Opportunity! Purchase 1 Duplex or 2! Unit 1008 - garage has been converted to an office/BR, unpermitted; it has been updated with SS appliances, new carpet, new window treatments, etc. W/D hook-ups in both units. Assigned parking. Private Patios. Easy access to the Freeway, schools, restaurants and the Beach. Neighborhoods: Encinitas Exterior: Wood/Stucco Other Fees: 0 Sewer: Sewer Connected Number of Furnished Units: 0

Last Agent to Sell the Property

Patti Gerke

Compass License #01386269 Listed on: 06/04/2018

Compass

Co-Listed By

Ronald Greenwald

Sage Legacy Properties License #01264025

Last Buyer's Agent

Chris Trevor

Green Banker Realty License #00818997

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 7,884

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • 1-Story Property
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 2592812200

Community Details

Overview

  • 2 Units
  • Santa Fe Dr.

Building Details

  • Net Operating Income $29,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • CapRate: 2.90
  • Park Name: Santa Fe Dr.
  • Subdivision Name Other: Encinitas
  • Property Type: Residential Income
  • Parcel Number: 2592812200
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Roof: Composition

Utilities

  • Appliances: Gas Water Heater

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 38700.00
  • Net Operating Income: 29900.00
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2021
Sold by
Grover Anju
Bought by
Soni Properties Llc
Current Estimated Value
$1,754,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,000
Outstanding Balance
$596,042
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$1,158,015

Purchase Details

Closed on
Feb 12, 2021
Sold by
Grover Shawn
Bought by
Grover Anju

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,000
Outstanding Balance
$596,042
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$1,158,015

Purchase Details

Closed on
Oct 14, 2020
Sold by
Soni Properties Llc
Bought by
Grover Anju

Purchase Details

Listed on
Jun 4, 2018
Closed on
Aug 7, 2018
Sold by
Grover Anju
Bought by
Soni Properties Llc
Seller's Agent
Patti Gerke
Compass
Buyer's Agent
Chris Trevor
Green Banker Realty
List Price
$967,501
Sold Price
$967,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%
Original Mortgage
$688,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 4, 2018
Closed on
Jul 17, 2018
Sold by
Grover Shawn
Bought by
Grover Anju
Seller's Agent
Patti Gerke
Compass
Buyer's Agent
Chris Trevor
Green Banker Realty
List Price
$967,501
Sold Price
$967,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 4, 2018
Closed on
Jul 14, 2018
Sold by
Biery Paul and Biery Helen
Bought by
Grover Anju
Seller's Agent
Patti Gerke
Compass
Buyer's Agent
Chris Trevor
Green Banker Realty
List Price
$967,501
Sold Price
$967,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2001
Sold by
Biery Paul and Biery Helen
Bought by
Biery Paul and Biery Helen

Purchase Details

Closed on
Oct 28, 1983
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Soni Properties Llc -- Accommodation
Grover Anju -- First American Title Company
Grover Anju -- Wfg Title Co Of Ca San Diego
Soni Properties Llc -- None Available
Grover Anju -- First American Title Company
Grover Anju $968,000 First American Title Company
Biery Paul $200,000 New Century Title Company
-- $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grover Anju $667,000
Previous Owner Grover Anju $688,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2018 08/06/18 Sold $967,501 0.0% $594 / Sq Ft
06/13/2018 06/13/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $967,501 -- $594 / 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 $12,031 $1,079,262 $636,049 $443,213
2024 $12,031 $1,058,101 $623,578 $434,523
2023 $11,609 $1,037,354 $611,351 $426,003
2022 $11,786 $1,017,014 $599,364 $417,650
2021 $11,274 $997,073 $587,612 $409,461
2020 $10,888 $986,850 $581,587 $405,263
2019 $10,669 $967,501 $570,184 $397,317
2018 $4,042 $343,206 $202,264 $140,942
2017 $3,971 $336,478 $198,299 $138,179
2016 $3,857 $329,881 $194,411 $135,470
2015 $3,809 $324,927 $191,491 $133,436
2014 $3,770 $318,563 $187,740 $130,823
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 180029967

California Regional Multiple Listing Service (CRMLS)

APN: 259-281-22