Seller's Agent in 2023
Doug Merlino
Beach Pointe Properties Inc
(714) 742-4601
1 in this area
86 Total Sales
107 3rd St Encinitas, CA 92024
Estimated Value: $1,452,000 - $1,815,536
0.1
Acre
$16,275,976
Price per Acre
4,418
Sq Ft Lot
Highlights
- No HOA
- Bike Trail
- Dog Park
- Paul Ecke-Central Elementary Rated A
About This Lot
As of June 2023Introducing a vacant lot in the highly coveted coastal community of Encinitas. Boasting an exceptional location South of PCH with potential ocean views, this property offers the rare opportunity to build your dream home with an ADU in one of Southern California's most sought-after neighborhoods.
From the property, you'll enjoy easy access to the nearby beaches, including Moonlight Beach, Swami’s Beach and Cardiff State Beach, where you can soak up the sun, surf the waves, and enjoy stunning views of the Pacific Ocean. The lot is also conveniently located near a variety of shops, restaurants, and entertainment venues, providing endless opportunities for fun and relaxation.
Whether you're looking to build your dream beach house or invest in a prime piece of California real estate, this vacant lot in Encinitas is the perfect opportunity. Don't miss your chance to own a piece of paradise in one of the most desirable coastal communities in the world.
Utilities are located in the alley behind the property. Currently there is a small boarded up building on the property that recently had major fire damage. Buyer to verify all potential uses with the city of Encinitas.
Last Agent to Sell the Property
Beach Pointe Properties Inc License #01333796 Listed on: 03/30/2023
Property Details
Property Type
- Land
Est. Annual Taxes
- $16,091
Year Built
- 1940
Lot Details
- 4,418 Sq Ft Lot
- Value in Land
- Tear Down
- Property is zoned R15
Listing and Financial Details
- Legal Lot and Block 15 / 24
- Tax Tract Number 187
- Assessor Parcel Number 2580310100
- $438 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
Recreation
- Dog Park
- Bike Trail
- Exterior Lighting
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 30, 2023
Closed on
May 5, 2023
Sold by
Nichols Marian S
Bought by
Pelin Rarakas Revocable Living Trust
Seller's Agent
Doug Merlino
Beach Pointe Properties Inc
Buyer's Agent
Dan Christensen
Keller Williams Realty
List Price
$1,600,000
Sold Price
$1,450,000
Premium/Discount to List
-$150,000
-9.38%
Total Days on Market
32
Views
50
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,384
Avg. Annual Appreciation
6.76%
Original Mortgage
$797,500
Outstanding Balance
$779,662
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$870,722
Purchase Details
Closed on
Jan 27, 2023
Sold by
Nichols Family Trust
Bought by
Nichols Marian S
Purchase Details
Closed on
Dec 26, 2017
Sold by
Nichols Marian S and Nichols Family Trust
Bought by
Nichols Marian S and Nichols Family Trust
Purchase Details
Closed on
Nov 13, 2002
Sold by
Nichols John H and Nichols Juliette M
Bought by
Nichols John H and Nichols Juliette M
Purchase Details
Closed on
Aug 25, 1997
Sold by
Nichols Marion R and Nichols Juliette M
Bought by
Nichols John H and Nichols Juliette M
Purchase Details
Closed on
Dec 15, 1986
Sold by
Nichols Marion R and Nichols Juliette M
Bought by
Nichols Marion R and Nichols Juliette M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pelin Rarakas Revocable Living Trust | $1,450,000 | First American Title | |
| Nichols Marian S | -- | -- | |
| Nichols Marian S | -- | None Available | |
| Nichols John H | -- | -- | |
| Nichols John H | -- | -- | |
| Nichols John H | -- | -- | |
| Nichols John H | -- | -- | |
| Nichols Marion R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pelin Rarakas Revocable Living Trust | $797,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2023 06/09/23 | Sold | $1,450,000 | -9.4% | $2,354 / Sq Ft |
| 05/02/2023 05/02/23 | Pending | -- | -- | -- |
| 05/01/2023 05/01/23 | For Sale | $1,600,000 | +10.3% | $2,597 / Sq Ft |
| 04/12/2023 04/12/23 | Off Market | $1,450,000 | -- | -- |
| 03/30/2023 03/30/23 | For Sale | $1,600,000 | -- | $2,597 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $16,091 | $1,479,000 | $1,428,000 | $51,000 |
| 2023 | $13,796 | $1,269,288 | $1,248,480 | $20,808 |
| 2022 | $13,560 | $1,244,400 | $1,224,000 | $20,400 |
| 2021 | $773 | $35,803 | $20,889 | $14,914 |
| 2020 | $724 | $35,437 | $20,675 | $14,762 |
| 2019 | $716 | $34,743 | $20,270 | $14,473 |
| 2018 | $723 | $34,063 | $19,873 | $14,190 |
| 2017 | $744 | $33,396 | $19,484 | $13,912 |
| 2016 | $806 | $32,742 | $19,102 | $13,640 |
| 2015 | $769 | $32,252 | $18,816 | $13,436 |
| 2014 | $803 | $31,621 | $18,448 | $13,173 |
Source: Public Records
Agents Affiliated with this Home
-
Doug Merlino
-
Amy Gillissen
Seller Co-Listing Agent in 2023
Amy Gillissen
Coldwell Banker Realty
(714) 230-5307
1 in this area
63 Total Sales
-
Dan Christensen
Buyer's Agent in 2023
Dan Christensen
Keller Williams Realty
(858) 705-2431
1 in this area
168 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23039918
APN: 258-031-01
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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