1070 Hermes Ave Encinitas, CA 92024
Leucadia NeighborhoodEstimated Value: $1,997,000 - $2,938,662
4
Beds
4
Baths
1,900
Sq Ft
$1,294/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Private Yard
- Laundry Room
- Paul Ecke-Central Elementary Rated A
- No HOA
- Bike Trail
About This Home
As of April 2022Beach close duplex--Only 5 blocks to Beacons, a great surf spot.Three blocks to downtown Leucadia, where you will find new restaurants, wineries, and artisan shops. 1070 Hermes (the front unit) has been recently remodeled, including, new porcelain tile throughout, new cabinets, quartz countertops, and appliances.The bathrooms feature tile showers, new toilets, cabinets and quartz counter tops. Custom glass slider in master bedroom. New recessed lighting and contemporary ceiling fans in bedrooms. Dual pane low-e replacement windows. 1072 Hermes (the back unit) was previously the owner's unit and was completely remodeled approximately 10 years ago. It includes custom maple cabinetry throughout, tile baths, recessed lighting and many other upgrades (see photos). This unit currently includes use of a 10x14 enclosed patio. The property is professionally landscaped and both units have large backyards. Great property, well maintained. The owners have listed the adjacent property located at 1074-76 Hermes Avenue for sale and would prefer to sell both as a package, but are open to selling them individually. One water meter services both duplexes.The tenants currently share use of the garage and carports located on the 1074-76 Hemes property. Ask agent for details. Owner is a licensed Real Estate Broker.
Last Listed By
Rick Roberts
Rick Roberts, Broker License #01080250 Listed on: 02/17/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $24,779
Year Built
- Built in 1960
Lot Details
- 10,454 Sq Ft Lot
- 1 Common Wall
- Sprinkler System
- Private Yard
- Lawn
- Density is up to 1 Unit/Acre
Home Design
- Duplex
Interior Spaces
- 1,900 Sq Ft Home
- Low Emissivity Windows
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
Parking
- 1 Open Parking Space
- 3 Parking Spaces
- 2 Carport Spaces
Utilities
- No Heating
Listing and Financial Details
- Tax Lot 254-324-03-00
- Tax Tract Number 1776
- Assessor Parcel Number 2543240300
Community Details
Overview
- No Home Owners Association
- 2 Units
Recreation
- Golf Course Community
- Water Sports
- Bike Trail
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,064
- Trash Expense $900
- Water Sewer Expense $250
- New Taxes Expense $25,000
- Operating Expense $5,014
- Gross Income $88,800
- Net Operating Income $83,786
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 17, 2022
Closed on
Mar 18, 2022
Sold by
Roberts Living Trust
Bought by
Price William A and Price Elizabeth S
Seller's Agent
Rick Roberts
Rick Roberts, Broker
Buyer's Agent
Elizabeth Callaway
Compass
List Price
$2,150,000
Sold Price
$2,145,000
Premium/Discount to List
-$5,000
-0.23%
Total Days on Market
3
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
$312,916
Avg. Annual Appreciation
2.91%
Original Mortgage
$1,287,000
Outstanding Balance
$1,208,728
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,137,742
Purchase Details
Closed on
Dec 23, 2020
Sold by
Roberts Rick and Roberts Colleen
Bought by
Roberts Rick and Roberts Colleen
Purchase Details
Closed on
Jan 3, 2018
Sold by
Roberts Rick and Roberts Colleen
Bought by
Roberts Rick and Roberts Colleen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.99%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 9, 2007
Sold by
Roberts Rick
Bought by
Roberts Rick and Roberts Colleen
Purchase Details
Closed on
Oct 5, 2004
Sold by
Roberts Rick
Bought by
Roberts Rick and Roberts Colleen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 2, 2000
Sold by
Curtis J Tr & Good Elizabeth S Tr Moore Famil and Moore Carlton H
Bought by
Lindcom Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
8.1%
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Similar Home in Encinitas, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Roberts Rick | -- | None Available | |
| Roberts Rick | -- | Accommodation | |
| Roberts Rick | -- | None Available | |
| Roberts Rick | -- | -- | |
| Lindcom Properties Llc | $380,000 | Southland Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Roberts Rick | $300,000 | |
| Closed | Roberts Rick | $200,000 | |
| Closed | Roberts Rick | $381,750 | |
| Closed | Lindcom Properties Llc | $304,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2022 04/01/22 | Sold | $2,145,000 | -0.2% | $1,129 / Sq Ft |
| 02/20/2022 02/20/22 | Pending | -- | -- | -- |
| 02/17/2022 02/17/22 | For Sale | $2,150,000 | -- | $1,132 / 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 | $24,779 | $2,231,658 | $1,997,568 | $234,090 |
| 2023 | $24,119 | $2,187,900 | $1,958,400 | $229,500 |
| 2022 | $7,784 | $647,395 | $531,464 | $115,931 |
| 2021 | $7,546 | $634,702 | $521,044 | $113,658 |
| 2020 | $7,391 | $628,195 | $515,702 | $112,493 |
| 2019 | $7,252 | $615,879 | $505,591 | $110,288 |
| 2018 | $7,120 | $603,804 | $495,678 | $108,126 |
| 2017 | $191 | $591,965 | $485,959 | $106,006 |
| 2016 | $6,796 | $580,359 | $476,431 | $103,928 |
| 2015 | $6,647 | $571,642 | $469,275 | $102,367 |
| 2014 | $6,473 | $560,445 | $460,083 | $100,362 |
Source: Public Records
Agents Affiliated with this Home
-
R
Seller's Agent in 2022
Rick Roberts
Rick Roberts, Broker
-
Elizabeth Callaway
E
Buyer's Agent in 2022
Elizabeth Callaway
Compass
(310) 230-5478
3 in this area
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NDP2201459
APN: 254-324-03
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