NOT LISTED FOR SALE

Estimated Value: $1,739,000 - $1,932,000

4 Beds
3 Baths
1,832 Sq Ft
$1,013/Sq Ft Est. Value

Last Sold January 12, 2016

Last sale price $797,500 $435 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $10,791/month

156 Days on Market

Highlights

  • Heating System Uses Natural Gas
  • Ocean Knoll Elementary School Rated A
  • 1-Story Property

About This Home

As of January 2016

Fantastic investment opportunity in the heart of coastal Encinitas. Both units offer 2 bedrooms with open casual main living and kitchen areas. Excellent rental units, or perfect for owner to live in one and rent the other. Large tropical back yard space with plenty of room for outdoor entertaining and future expansion. Property has been well maintained with numerous upgrades. Less than a mile to the beach w/ easy freeway access. Neighborhoods: Avocado Acres Exterior: Wood/Stucco Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 1 Unit # for Unit 2: 2 Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

David Miller

Swell Property License #01389997 Listed on: 07/06/2015

Last Buyer's Agent

Jennifer Hill

HomeSmart Realty West License #01880717

HomeSmart Realty West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,432

Year Built

  • Built in 1970

Lot Details

  • 8,600 Sq Ft Lot
  • Sprinkler System

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • 1-Story Property
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Avocado Acres

Listing and Financial Details

  • Assessor Parcel Number 2582744700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,432

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Park Name: Avocado Acres
  • Subdivision Name Other: Encinitas
  • Property Type: Residential Income
  • Parcel Number: 2582744700
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Levels: One

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Heating: Yes
  • Heating Type: Natural Gas

Lot Info

  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 8600.00

Multi Family

  • Gross Scheduled Income: 40560.00
  • Lot Size Area: 8600.0000 Square Feet
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2021
Sold by
Slovin Sebastian S and Mohamed Sonya A
Bought by
Slvoin Sebastian Sl and Mohamed Sonya A
Current Estimated Value
$1,855,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$888,750
Outstanding Balance
$805,902
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,049,776

Purchase Details

Closed on
Dec 30, 2020
Sold by
Slovin Sebastian S and Mohamed Sonya A
Bought by
Mohamed Elizabeth C and The Liz Mohamed Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2019
Sold by
Mohamed Elizabeth C
Bought by
Mohamed Elizabeth C

Purchase Details

Listed on
Jul 6, 2015
Closed on
Jan 11, 2016
Sold by
Saunders Jeremy M
Bought by
Saunders Jeremy M
Seller's Agent
David Miller
Swell Property
Buyer's Agent
Jennifer Hill
HomeSmart Realty West
List Price
$797,500
Sold Price
$797,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.09%
Original Mortgage
$497,415
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 6, 2015
Closed on
Dec 14, 2015
Sold by
Sekera June A
Bought by
Mohamed Elizabeth C and Slovin Sebastian S
Seller's Agent
David Miller
Swell Property
Buyer's Agent
Jennifer Hill
HomeSmart Realty West
List Price
$797,500
Sold Price
$797,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,415
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2006
Sold by
Sekera June A
Bought by
Sekera June A

Purchase Details

Closed on
Apr 11, 2005
Sold by
Adams William G and Adams Danielle N
Bought by
Sekera June A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 2, 1997
Sold by
Home Svgs Of America Fsb
Bought by
Adams William G and Adams Danielle N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,600
Interest Rate
7.23%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 5, 1997
Sold by
Bennett Russelllee
Bought by
Home Svgs Of America Fsb

Purchase Details

Closed on
Jan 13, 1993
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Slvoin Sebastian Sl $450,000 Equity Title Company
Mohamed Elizabeth C -- Accommodation
Slovin Sebastian S -- First American Title Company
Mohamed Elizabeth C -- None Available
Saunders Jeremy M -- None Available
Mohamed Elizabeth C $797,500 Fidelity National Title Co
Sekera June A -- None Available
Sekera June A $800,000 First American Title Co
Adams William G $207,000 Old Republic Title Company
Home Svgs Of America Fsb $166,500 First American Title Ins Co
-- $217,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slvoin Sebastian Sl $888,750
Previous Owner Mohamed Elizabeth C $497,415
Previous Owner Adams William G $196,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2016 01/12/16 Sold $797,500 0.0% $435 / Sq Ft
12/09/2015 12/09/15 Pending -- -- --
07/06/2015 07/06/15 For Sale $797,500 -- $435 / 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 $11,432 $1,051,083 $846,458 $204,625
2024 $11,432 $1,030,474 $829,861 $200,613
2023 $11,182 $1,010,270 $813,590 $196,680
2022 $9,744 $889,527 $667,078 $222,449
2021 $9,591 $872,087 $653,999 $218,088
2020 $9,743 $863,146 $647,294 $215,852
2019 $9,552 $846,222 $634,602 $211,620
2018 $9,475 $829,630 $622,159 $207,471
2017 $9,406 $813,363 $609,960 $203,403
2016 $9,237 $797,415 $598,000 $199,415
2015 $8,752 $750,000 $563,000 $187,000
2014 $8,314 $709,000 $534,000 $175,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 150037011

California Regional Multiple Listing Service (CRMLS)

APN: 258-274-47