NOT LISTED FOR SALE

1042 Neptune Ave Encinitas, CA 92024

Estimated Value: $2,981,010 - $6,814,000

5 Beds
4 Baths
2,940 Sq Ft
$1,507/Sq Ft Est. Value

Last Sold December 28, 2022

Last sale price $7,500,000 $2,551 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $25,884/month

72 Days on Market

Highlights

  • Ocean View
  • Fireplace in Primary Bedroom
  • Patio
  • Paul Ecke-Central Elementary Rated A
  • Deck
  • Laundry Room

About This Home

As of December 2022

Welcome to Southern California beachfront living! Located on a large lot with panoramic ocean views through out, this property offers endless opportunities. The kitchen & living / dining room open to the back patio where you can dine-al-fresco. Walk down to the sand & go for a swim or surf. Enjoy multiple terraces & decks in the backyard! The master suite retreat offers stunning views & a beautiful deck to catch the sunset. The downstairs level has a nice little courtyard making it a perfect little place to escape. Within minutes of Encinitas’s best restaurants & shops, this property cannot be beat. Properties like this don’t come up often!

Last Agent to Sell the Property

Eric Iantorno

Compass License #01256501 Listed on: 09/23/2022

Compass

Co-Listed By

Pilar Meza

Compass License #01952399

Last Buyer's Agent

Eric Iantorno

Compass License #01256501 Listed on: 09/23/2022

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,765

Year Built

  • Built in 1982

Lot Details

  • 8,143 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Composition Roof

Interior Spaces

  • 2,940 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Deck
  • Patio

Utilities

  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 254-291-12-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,765

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Coastal North
  • Cross Street: Diana St
  • Neighborhood: Leucadia
  • LP / Sq Ft: 2653.06
  • Price Per Sq Ft: 2551.02
  • SP/ Sq Ft: 2551.02
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Microwave, Range/Oven, Refrigerator, Freezer
  • Fireplaces: 2
  • Fireplace: Fp In Living Room, Fp In Master Br
  • Searchable Rooms: Dining Area, Kitchen, Living Room, Master Bedroom, Master Bathroom
  • Total Bedrooms: 5
  • Bedrooms: 5
  • Master Bedroom Dimensions: 18x16
  • Full Bathrooms: 4
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 2940
  • Total Bathrooms: 4

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Patio: Deck, Patio
  • Roof: Composition
  • View: Ocean

Garage/Parking

  • Garage Details: Garage
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Garage Spaces: 2
  • Parking Spaces Total: 4

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Gas & Electric Dryer HU
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Community: ENCINITAS

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Topography: Level
  • Assessor Parcel Number: 254-291-12-00
  • Estimated Lot Sq Ft: 8143
  • Estimated Number of Acres: 0.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2022
Closed on
Dec 26, 2022
Sold by
Johns Credit Shelter Trust
Bought by
Johns Henry V and Mcdonald Caroline Elizabeth
Seller's Agent
Eric Iantorno
Compass
Buyer's Agent
Eric Iantorno
Compass
List Price
$9,500,000
Sold Price
$7,500,000
Premium/Discount to List
-$2,000,000
-21.05%
Views
10
Current Estimated Value
$4,614,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,885,100
Avg. Annual Appreciation
-17.07%
Original Mortgage
$4,000,000
Outstanding Balance
$3,884,883
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$725,332

Purchase Details

Listed on
Sep 23, 2022
Closed on
Dec 22, 2022
Sold by
Johns Henry V
Bought by
Unbound Neptune Llc
Seller's Agent
Eric Iantorno
Compass
Buyer's Agent
Eric Iantorno
Compass
List Price
$9,500,000
Sold Price
$7,500,000
Premium/Discount to List
-$2,000,000
-21.05%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Outstanding Balance
$3,884,883
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$725,332

Purchase Details

Closed on
Aug 16, 2013
Sold by
Johns Henry Van Dyke
Bought by
Johns Henry Van Dyke

Purchase Details

Closed on
Nov 1, 2007
Sold by
Johns Henry Van Dyke
Bought by
Johns Henry Van Dyke

Purchase Details

Closed on
Sep 11, 2003
Sold by
Johns Henry Van Dyke and Johns Barbara Chesholm
Bought by
Johns Henry Van Dyke and Johns Barbara C

Purchase Details

Closed on
May 15, 2002
Sold by
Johns Henry Vandyke and Johns Barbara C
Bought by
Johns Henry Vandyke and Johns Barbara C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.89%

Purchase Details

Closed on
May 10, 2002
Sold by
Johns Henry Vandyke and Johns Barbara C
Bought by
Johns Henry Vandyke and Johns Barbara C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.89%

Purchase Details

Closed on
Nov 24, 1999
Sold by
Johns Henry Vandyke and Johns Barbara C
Bought by
Johns Henry Vandyke and Johns Barbara C
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
Johns Henry V -- --
Johns Henry V -- --
Unbound Neptune Llc $7,500,000 Stewart Title Of California
Johns Henry Van Dyke -- None Available
Johns Henry Van Dyke -- None Available
Johns Henry Van Dyke -- --
Johns Henry Vandyke -- --
Johns Henry Vandyke -- Commerce Title Company
Johns Henry Vandyke -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Unbound Neptune Llc $4,000,000
Previous Owner Mcdonald Caroline $750,000
Previous Owner Johns Henry Van Dyke $200,000
Previous Owner Johns Henry Vandyke $251,000
Previous Owner Johns Henry Vandyke $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2022 12/28/22 Sold $7,500,000 -3.8% $2,551 / Sq Ft
12/05/2022 12/05/22 Pending -- -- --
10/22/2022 10/22/22 Price Changed $7,800,000 -17.9% $2,653 / Sq Ft
09/23/2022 09/23/22 For Sale $9,500,000 -- $3,231 / 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 $4,765 $401,018 $95,386 $305,632
2024 $4,765 $393,156 $93,516 $299,640
2023 $4,608 $385,448 $91,683 $293,765
2022 $4,483 $377,891 $89,886 $288,005
2021 $4,394 $370,482 $88,124 $282,358
2020 $4,309 $366,684 $87,221 $279,463
2019 $4,228 $359,495 $85,511 $273,984
2018 $4,151 $352,447 $83,835 $268,612
2017 $4,081 $345,538 $82,192 $263,346
2016 $3,960 $338,764 $80,581 $258,183
2015 $3,879 $333,676 $79,371 $254,305
2014 $3,782 $327,141 $77,817 $249,324
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220024335

San Diego MLS

APN: 254-291-12