NOT LISTED FOR SALE

1074 Hermes Ave Encinitas, CA 92024

Leucadia Neighborhood

Estimated Value: $2,061,710 - $2,490,000

4 Beds
2 Baths
1,392 Sq Ft
$1,629/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $2,000,000 $1,437 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $13,674/month

7 Days on Market

Highlights

  • Golf Course Community
  • No HOA
  • Bike Trail
  • Paul Ecke-Central Elementary Rated A
  • Laundry Room
  • No Heating

About This Home

As of April 2022

Beach 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. Both units have been completely remodeled with new cabinets, quartz countertops, and appliances.The bathrooms feature tile showers, new toilets, cabinets and quartz counter tops.New porcelain wood grain tile throughout both units. Custom barn doors in bedrooms.New recessed lighting and contemporary ceiling fans in bedrooms.Dual pane low-e replacement windows. Professionally designed tropical landscape with large yards.Both rear yards have 8x10 sheds on concrete foundations for bikes, surf boards, etc.Great property, well maintained.The two car garage and carports are currently being shared with 1070-72 Hermes that has also been listed for sale. Seller would prefer to sell the 2 properties as a package, but is open to selling them individually. One water meter services both duplexes. The garages and carports are currently shared by both properties (4 units). Ask agent for details. Owner is a licensed Real Estate Broker. Buyer must agree to participate in a 1031 exchange.

Last Agent to Sell the Property

Rick Roberts

Rick Roberts, Broker License #01080250 Listed on: 02/17/2022

Last Buyer's Agent

Elizabeth Callaway

Compass License #00984247

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 10,454 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,392 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 2543240400
  • Tax Tract Number 1776
  • Assessor Parcel Number 2543240400

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Golf Course Community
  • Water Sports
  • Bike Trail

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $720
  • Insurance Expense $1,040
  • Trash Expense $900
  • Water Sewer Expense $1,250
  • New Taxes Expense $25,000
  • Operating Expense $7,910
  • Gross Income $75,000
  • Net Operating Income $71,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 2.07
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1250.00
  • Zoning: R-2:MINOR MULTIPLE
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 2543240400
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Price Per Square Foot: 1436.78

Exterior Features

  • 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: Dryer Included, Gas & Electric Dryer Hookup, Individual Room, Washer Hookup, Washer Included
  • Sewer: Other
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Golf, Biking, Watersports

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10454.40
  • Lot Size Acres: 0.2400

Multi Family

  • Average1 Bed Area: 130 Square Feet
  • Average2 Bed Area: 100 Square Feet
  • Electric Expense: 720.00
  • Gross Income: 75000.00
  • Gross Multiplier: 28.67
  • Gross Operating Income: 75000.00
  • Gross Scheduled Income: 75000.00
  • Insurance Expense: 1040.00
  • Lot Size Area: 0.2400 Acres
  • Net Operating Income: 71000.00
  • 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
  • Operating Expense: 4000.00
  • Rent Control: No
  • Total Actual Rent: 6250.00
  • Total Expenses: 7910.00

Tax Info

  • New Taxes Expense: 25000.00
  • Tax Lot: 2543240400
  • Tax Tract Number: 001776

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2025
Sold by
Price William A and Price Elizabeth S
Bought by
Cocovan Holdings Llc
Current Estimated Value
$2,267,928

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
$2,000,000
Premium/Discount to List
-$150,000
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.35%
Original Mortgage
$1,200,000
Interest Rate
3%
Mortgage Type
New Conventional

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
Aug 9, 2007
Sold by
Roberts Colleen
Bought by
Roberts Rick and Roberts Colleen

Purchase Details

Closed on
Mar 25, 2004
Sold by
Roberts Rick
Bought by
Roberts Colleen

Purchase Details

Closed on
May 2, 2000
Sold by
Curtis J Tr Moore Family Trust 08-18-82 Nsjt and Moore Carlton H
Bought by
Roberts Rick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cocovan Holdings Llc -- None Listed On Document
Price William A $2,000,000 Ticor Title
Roberts Rick -- None Available
Roberts Rick -- None Available
Roberts Colleen -- Chicago Title Co
Roberts Rick $330,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Price William A $1,200,000
Previous Owner Roberts Rick $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2022 04/01/22 Sold $2,000,000 -7.0% $1,437 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $2,150,000 -- $1,545 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $23,183 $2,122,415 $1,952,622 $169,793
2024 $23,183 $2,080,800 $1,914,336 $166,464
2023 $22,559 $2,040,000 $1,876,800 $163,200
2022 $6,209 $498,023 $369,315 $128,708
2021 $6,065 $488,259 $362,074 $126,185
2020 $5,930 $483,254 $358,362 $124,892
2019 $5,822 $473,780 $351,336 $122,444
2018 $5,720 $464,492 $344,448 $120,044
2017 $191 $455,386 $337,695 $117,691
2016 $5,469 $446,458 $331,074 $115,384
2015 $5,340 $439,752 $326,101 $113,651
2014 $5,192 $431,139 $319,714 $111,425
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Rick Roberts

    Rick Roberts, Broker

  • E

    Buyer's Agent in 2022

    Elizabeth Callaway

    Compass

    (310) 230-5478

    3 in this area

    6 Total Sales

    Elizabeth Callaway
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2201457

California Regional Multiple Listing Service (CRMLS)

APN: 254-324-04

California San Diego County Encinitas 92024 Leucadia

1074 Hermes Ave, Encinitas, CA

Not Listed for Sale

MultiFamily

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.

California Regional Multiple Listing Service (CRMLS) 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

Nearby Homes