NOT LISTED FOR SALE

1128 Neptune Ave Encinitas, CA 92024

Estimated Value: $2,611,000 - $5,708,932

4 Beds
3.5 Baths
3,580 Sq Ft
$1,086/Sq Ft Est. Value

Last Sold May 22, 2013

Last sale price $5,400,000 $1,508 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $22,387/month

202 Days on Market

Highlights

  • Ocean Front
  • RV Gated
  • Deck
  • Paul Ecke-Central Elementary Rated A
  • Gated Parking
  • 4-minute walk to Leucadia State Beach

About This Home

As of May 2013

Back on the market...Rare opportunity to own 100 feet of ocean frontage on coveted Neptune Avenue. Enter this estate and enjoy the rolling lawn and beautiful custom home on double lot with expansive coastline. This home was extensively remodeled inside and out over the past year, including new Merbau wood and tile flooring, updated kitchen, bathrooms, and lighting. This timeless seaside residence is better than new with no expense spared! Keep as is, develop, or sell the extra lot. Options are limitless! [Supplement]: Designed with an entertaining flow, which includes a living room with a fireplace, custom built-ins, wet bar, and adjoining dining area. Showcasing 4 bedrooms, a huge bonus room, and eat-in gourmet kitchen with wine refrigerator and commercial grade appliances. Many rooms have floor to ceiling windows to enhance the endless ocean views. The master suite features a fireplace, generous customized closet, and spa like bath with shower and a whirlpool tub overlooking the Pacific. Use the bonus room for your gym, media room, game room, studio... The grounds are beautifully landscaped and private, with a large wood deck and fire pit, plus a new epoxy coated 3 car garage and parking for 10 cars or space for large scale entertaining. Room for a guest house or a pool. Additional features include, new security system with access camera, CAT 5 wiring, A/C, electronic solar shades, new HardiePlank Siding, double pane windows, and top grade finishes throughout. Huge storage space under house and in attic. Ocean views from every room. Includes adjacent landscaped lot - 1128 Neptune (APN # 254-241-11-00). This exquisite oceanfront estate is one of a kind!

Last Agent to Sell the Property

Sean Caddell

Pacific Sotheby's Int'l Realty License #01192842 Listed on: 10/02/2012

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Lou Martin

Berkshire Hathaway HomeServices California Properties License #01165542

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,256

Year Built

  • Built in 1986

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 100x114
  • Ocean Front
  • Sprinklers on Timer

Parking

  • 3 Car Attached Garage
  • 7 Open Parking Spaces
  • Attached Carport
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Gated Parking
  • RV Gated

Property Views

  • Ocean
  • Panoramic
  • Bluff

Home Design

  • Contemporary Architecture
  • Fire Rated Drywall
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,580 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Fireplace
  • Great Room
  • Home Office
  • Bonus Room
  • Sun or Florida Room
  • Home Gym
  • Closed Circuit Camera

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Stone Porch or Patio
  • Fire Pit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2542411200

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,256

Year Built

Built in 1986

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Security: Closed Circuit Camera(s)
  • Subdivision Name Other: LEUCADIA
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2542411200
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3580.00 Square Feet
  • Interior Amenities: Wired for Data
  • Stories: 2
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook
  • Fireplace Features: Fire Pit
  • Levels: Two
  • Price Per Square Foot: 1508.38
  • Room Type: Bonus Room, Exercise Room, Great Room, Office, Sun

Exterior Features

  • Patio: Yes
  • Foundation: Concrete Perimeter
  • View: Ocean, Panoramic
  • Patio And Porch Features: Deck, Stone
  • Pool Private: No
  • Roof: Metal
  • Construction Materials: Drywall Walls

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Attached Carport, Driveway, Garage Door Opener, Gated, RV Gated
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 7.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Individual Room, Washer Included, Gas Dryer Hookup
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Bluff, Sprinklers Timer
  • Lot Size: 100x114
  • Lot Size Sq Ft: 11350.00
  • Lot Size Acres: 0.2606

Multi Family

  • Lot Size Area: 11350.0000 Square Feet
  • Waterfront Features: Ocean Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 1999
Sold by
Mcclure Mark C Tr & Mcclure Doren E Tr
Bought by
Caccavo James A and Caccavo Kimberly J
Current Estimated Value
$3,887,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,400
Interest Rate
7.64%

Purchase Details

Closed on
Oct 29, 1997
Sold by
Coulson Thomas W and Ling Patricia M
Bought by
Mcclure Mark C and Mcclure Doren E

Purchase Details

Closed on
Sep 11, 1996
Sold by
Babb Bennett A Trust 08-26-91 and Zoe A
Bought by
Coulson Thoms W and Ling Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,500
Interest Rate
6.62%
Source: Public Records

Range of Values:

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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
Caccavo James A $680,000 Chicago Title Co
Mcclure Mark C $565,000 Old Republic Title Company
Coulson Thoms W $435,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caccavo James A $360,400
Previous Owner Coulson Thoms W $391,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2013 05/22/13 Sold $5,400,000 -12.9% $1,508 / Sq Ft
04/22/2013 04/22/13 Pending -- -- --
10/02/2012 10/02/12 For Sale $6,200,000 -- $1,732 / 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 $22,256 $2,093,424 $2,093,424 --
2024 $22,256 $2,052,377 $2,052,377 --
2023 $21,703 $2,012,135 $2,012,135 $0
2022 $21,243 $1,972,682 $1,972,682 $0
2021 $20,945 $1,934,002 $1,934,002 $0
2020 $20,652 $1,914,172 $1,914,172 $0
2019 $20,230 $1,876,640 $1,876,640 $0
2018 $19,836 $1,839,844 $1,839,844 $0
2017 $191 $1,803,769 $1,803,769 $0
2016 $18,864 $1,768,401 $1,768,401 $0
2015 $18,572 $1,741,838 $1,741,838 $0
2014 $18,186 $1,707,718 $1,707,718 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 120049733

California Regional Multiple Listing Service (CRMLS)

APN: 254-241-16