NOT LISTED FOR SALE

Estimated Value: $1,570,000 - $2,440,000

4 Beds
3 Baths
2,240 Sq Ft
$900/Sq Ft Est. Value

Last Sold November 09, 2023

Last sale price $1,499,000 $669 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $11,987/month

14 Days on Market

Highlights

  • No Units Above
  • No HOA
  • East Facing Home
  • Ocean Knoll Elementary School Rated A
  • Laundry Room
  • Level Lot

About This Home

As of November 2023

Rarely available 2-story townhouse style duplex located in the heart of Encinitas. Two Bedroom / 1.5 Bath on each side. Property is a "Fixer" and is priced accordingly. There is also a 2 car detached garage and a separate shared laundry off the back patio. Each unit has a yard, with enough available space to add 2 additional accessory units (ADU's). Property was recently painted on the exterior along with other minor repairs being made. Both tenants are long term and on month to month rental agreements. Newer kitchen on the south side and North side Kitchen redone in 2022 with new cabinets & appliances. New window being installed on the side of the garage. Tenants pay SDG&E, Cable, Trash. Landlord pays water and insurance. Water bill for 2022 = $669 for the year. Insurance for 2022 was $1643. for the year. Only minutes to Swami's Beach Access and Cardiff Walking Trail and San Dieguito Academy.

Last Agent to Sell the Property

Kyle Murphy

Coldwell Banker Realty License #01847767 Listed on: 09/20/2023

Coldwell Banker Realty

Co-Listed By

Janet McCollough

Coldwell Banker Realty License #00887068

Last Buyer's Agent

Addie Jacobs

Rise Realty License #02058045

Rise Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 6,682 Sq Ft Lot
  • Lot Dimensions are 45' x 147' x 46' x 147'
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • East Facing Home
  • Level Lot
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor
  • Fixer Upper

Interior Spaces

  • 4 Bedrooms
  • 2,240 Sq Ft Home
  • 2-Story Property

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Suburban Location
  • No Heating

Listing and Financial Details

  • Tax Lot 19080
  • Tax Tract Number 2138
  • Assessor Parcel Number 2592713700

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,643
  • Water Sewer Expense $669
  • Operating Expense $2,312
  • Gross Income $45,708

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

6,682 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 669.00
  • Zoning: R5
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 2592713700
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 669.20

Exterior Features

  • Direction Faces: East
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Common Area, Individual Room, Outside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Level with Street
  • Lot Size: 45' x 147' x 46' x 147'
  • Lot Size Sq Ft: 6682.00
  • Lot Size Acres: 0.1534

Multi Family

  • Gross Income: 45708.00
  • Gross Scheduled Income: 45708.00
  • Insurance Expense: 1643.00
  • Lot Size Area: 6682.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: No
  • Total Actual Rent: 45708.00
  • Total Expenses: 2312.00

Tax Info

  • Tax Lot: 19080
  • Tax Tract Number: 002138

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Oct 30, 2023
Sold by
Balour 1076Llc
Bought by
Starboard I Va 11 Llc
Seller's Agent
Kyle Murphy
Coldwell Banker Realty
Buyer's Agent
Addie Jacobs
Rise Realty
List Price
$1,499,000
Sold Price
$1,499,000
Views
128
Current Estimated Value
$2,015,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$516,370
Avg. Annual Appreciation
13.36%
Original Mortgage
$900,000
Outstanding Balance
$880,520
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$1,134,850

Purchase Details

Listed on
Sep 20, 2023
Closed on
Oct 4, 2023
Sold by
Stephen B Andrews Separate Property Trus
Bought by
Balour 1076Llc
Seller's Agent
Kyle Murphy
Coldwell Banker Realty
Buyer's Agent
Addie Jacobs
Rise Realty
List Price
$1,499,000
Sold Price
$1,499,000
Views
128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$880,520
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$1,134,850

Purchase Details

Closed on
Dec 3, 2012
Sold by
Andrews Stephen B
Bought by
Andrews Stephen B and Stephen B Andrews Separate Property Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2008
Sold by
Andrews Stephen B
Bought by
Andrews Stephen B and Stephen B Andrews Separate Property Tr
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
Starboard I Va 11 Llc $1,499,000 Equity Title
Balour 1076Llc -- Equity Title San Diego
Andrews Stephen B -- First American Title Company
Andrews Stephen B -- First American Title Company
Andrews Stephen B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Starboard I Va 11 Llc $900,000
Previous Owner Andrews Stephen B $423,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2023 11/09/23 Sold $1,499,000 0.0% $669 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $1,499,000 -- $669 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $16,627 $1,528,980 $1,224,000 $304,980
2024 $16,627 $1,499,000 $1,200,000 $299,000
2023 $2,912 $209,044 $73,218 $135,826
2022 $2,867 $204,946 $71,783 $133,163
2021 $2,917 $200,928 $70,376 $130,552
2020 $2,815 $198,869 $69,655 $129,214
2019 $2,770 $194,971 $68,290 $126,681
2018 $2,723 $191,149 $66,951 $124,198
2017 $191 $187,402 $65,639 $121,763
2016 $2,671 $183,728 $64,352 $119,376
2015 $2,675 $180,969 $63,386 $117,583
2014 $2,752 $177,425 $62,145 $115,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2307368

California Regional Multiple Listing Service (CRMLS)

APN: 259-271-37

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