NOT LISTED FOR SALE

Estimated Value: $2,516,000 - $3,147,000

4 Beds
4 Baths
2,733 Sq Ft
$1,044/Sq Ft Est. Value

Last Sold December 15, 2020

Last sale price $1,900,000 $695 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $16,751/month

24 Days on Market

Highlights

  • Gated Parking
  • Park or Greenbelt View
  • Forced Air Heating and Cooling System
  • Ocean Knoll Elementary School Rated A
  • Corner Lot
  • Property is Fully Fenced

About This Home

As of December 2020

Extraordinary Custom Single Story Home built in 2017. Ten Foot ceilings throughout.Striking hardwood floors. 1BR/1BA ADU. Open Greatroom Floorplan. Fully fenced, beautifully landscaped 1/3 acre private oasis with 3 electronic gates, 2 waterfalls, outdoor shower, fireplace, firepit, landscape lighting and covered outdoor kitchen, great for entertaining. Whole house water filtration.Central air. Custom closet built-in's. Owner invested $300K in improvements. Close to all schools, park, beach & town. No HOA.

Last Agent to Sell the Property

Linda Moore

Coldwell Banker Realty License #01096076 Listed on: 10/14/2020

Coldwell Banker Realty

Last Buyer's Agent

Desiree Bagby

eXp Realty of California, Inc. License #02069198

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2017

Lot Details

  • 0.32 Acre Lot
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Clay Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Park or Greenbelt Views

Parking

  • Gated Parking
  • RV Potential

Schools

  • Encinitas Union School District Elementary School
  • San Dieguito High School District Middle School
  • San Dieguito High School District

Utilities

  • Forced Air Heating and Cooling System
  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 259-050-62-00

Community Details

Overview

  • 2 Units
  • Custom Home Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $69,400

Property Details

Home Type

Multi-Family

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: Melba Road
  • Neighborhood: Custom Home
  • Stories: 1 Story
  • Sale Price List Price: 0.95
  • Total Stories: 1
  • Year Built: 2017
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Prkng Non Garage Spac U1: 4
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full
  • Roof: Tile/Clay
  • View: Parklike

Garage/Parking

  • Parking for RV: Gated, Potential Space

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Forced Air Unit, Wall/Gravity

Condo/Co-op/Association

  • Complex Name: Custom Home
  • Pets Allowed: Yes
  • Community: ENCINITAS
  • Manager Name: Owner

Schools

  • School District URL: http://www.sduhsd.net/
  • Elementary School: Encinitas Union School District
  • Elementary School Website: http://www.eusd.k12.ca.us/
  • High School: San Dieguito High School District
  • Middle School Url: http://www.sduhsd.net/
  • Middle School: San Dieguito High School District

Lot Info

  • Irrigation: Sprinklers
  • Lot Size: .25 to .5 AC
  • Site: Corner Lot, Public Street, Street Paved
  • Topography: Level
  • Water District: SAN DIEGUITO WATER DISTRICT
  • Assessor Parcel Number: 259-050-62-00
  • Estimated Lot Sq Ft: 13900

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 69400
  • Gross Rent Multiplier Projected: 20.0
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 1
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
Dec 4, 2020
Sold by
Simmerson Peter John
Bought by
Siva Clarissa G
Seller's Agent
Linda Moore
Coldwell Banker Realty
Buyer's Agent
Desiree Bagby
eXp Realty of California, Inc.
List Price
$1,999,000
Sold Price
$1,900,000
Premium/Discount to List
-$99,000
-4.95%
Current Estimated Value
$2,852,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$952,527
Avg. Annual Appreciation
8.36%
Original Mortgage
$500,000
Outstanding Balance
$363,710
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,488,817

Purchase Details

Listed on
Oct 14, 2020
Closed on
Dec 3, 2020
Sold by
Vo Jacqueline
Bought by
Simmerson Peter John
Seller's Agent
Linda Moore
Coldwell Banker Realty
Buyer's Agent
Desiree Bagby
eXp Realty of California, Inc.
List Price
$1,999,000
Sold Price
$1,900,000
Premium/Discount to List
-$99,000
-4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$363,710
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,488,817

Purchase Details

Closed on
Dec 27, 2016
Sold by
Profin Inc
Bought by
Simmerson Peter John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$984,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2015
Sold by
Profin Inc
Bought by
Profin Inc and Profin Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2014
Sold by
Leon Jose and Cervantes Esther C
Bought by
Profin Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 1999
Sold by
Leon Victoria
Bought by
Leon Jose

Purchase Details

Closed on
Oct 20, 1999
Sold by
Leon Maria
Bought by
Leon Maria and The Maria Leon Family Trust

Purchase Details

Closed on
Jun 11, 1986
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Siva Clarissa G $1,900,000 Equity Title San Diego
Simmerson Peter John -- Equity Title San Diego
Simmerson Peter John $1,230,000 Ticor Title San Diego
Profin Inc -- First American Title Company
Profin Inc $537,500 First American Title Company
Leon Jose -- --
Leon Maria -- --
-- $119,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siva Clarissa G $500,000
Previous Owner Simmerson Peter John $984,000
Previous Owner Profin Inc $558,000
Previous Owner Profin Inc $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2020 12/15/20 Sold $1,900,000 0.0% $695 / Sq Ft
12/15/2020 12/15/20 Sold $1,900,000 -5.0% $695 / Sq Ft View Prior Sale
11/08/2020 11/08/20 Pending -- -- --
11/08/2020 11/08/20 Pending -- -- --
10/14/2020 10/14/20 For Sale $1,999,000 -8.9% $731 / Sq Ft
09/13/2020 09/13/20 For Sale $2,195,000 -- $803 / Sq Ft
Source: San Diego MLS

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 $22,197 $2,056,619 $1,677,769 $378,850
2024 $22,197 $2,016,294 $1,644,872 $371,422
2023 $21,586 $1,976,760 $1,612,620 $364,140
2022 $21,689 $1,938,000 $1,581,000 $357,000
2021 $20,765 $1,900,000 $1,550,000 $350,000
2020 $14,320 $1,305,285 $933,863 $371,422
2019 $14,031 $1,279,692 $915,552 $364,140
2018 $13,717 $1,254,600 $897,600 $357,000
2017 $13,856 $1,230,000 $880,000 $350,000
2016 $6,677 $545,696 $538,082 $7,614
2015 $6,666 $537,500 $530,000 $7,500
2014 $4,027 $276,437 $117,091 $159,346
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200048569

San Diego MLS

APN: 259-050-62