NOT LISTED FOR SALE

1138 Neptune Ave Encinitas, CA 92024

Estimated Value: $4,396,171 - $6,446,000

3 Beds
3.5 Baths
3,580 Sq Ft
$1,410/Sq Ft Est. Value

Last Sold January 13, 2012

Last sale price $4,250,000 $1,187 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $30,647/month

78 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Wood Flooring
  • Paul Ecke-Central Elementary Rated A
  • Contemporary Architecture
  • 4-minute walk to Leucadia State Beach

About This Home

As of January 2012

Double Lot with greenbelt-adjacent lot sold with the house (MLS # 110055132.) Check with coastal comission on any potential building and expansion plans & permits-buyer to verify all before close of escrow. Dream big or enjoy this retreat the way it is. One of best prices per square foot on bluff for the view! Raised panoramic Ocean views to enjoy the dolphins, surf and distant peninsulas from. [Supplement]: Wall to wall double paned windows yet plenty of privacy. Automatic solarshades tint the windows at the press of a button. Beautiful new glasslike windscreens off of Ipe hardwood decks allow full whitewater and sunset views to enjoy the firepit and balconies. Meandering tasteful hardscapes, with gorgeous rock paths and stairs, and slate patio entryway with a Security privacy gate. There is lots of extra parking in addition to a 3 car garage with built in workshops. Contemporary high ceilings and crown moldings. Remodelled kitchen with granite counters, custom carved maple cabinets, stainless steel energy efficient appliances, Dynasty commerical range stove top, kitchenaid wine cooler and Australian Merbau wood floors with matching, bannisters and a beautiful antique wood Powder Room sink built in. Architecurally designed built-ins throughout. Walk in closet in Master bedroom with attic access and fireplace. Panoramic floor to ceiling views with dolphins and surf visibility from most living areas. This is an Entertainer's dream!

Last Agent to Sell the Property

Nitya Rawal

HomeSmart Realty West License #01349722 Listed on: 09/27/2011

Last Buyer's Agent

Herbert Josepher

Berkshire Hathaway HomeServices California Properties License #00661115

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,851

Year Built

  • Built in 1986

Lot Details

  • 5,662 Sq Ft Lot
  • Lot Dimensions are 57x50
  • Ocean Front
  • Level Lot
  • Drip System Landscaping
  • Sprinklers on Timer

Parking

  • 3 Car Attached Garage
  • 4 Open Parking Spaces
  • Attached Carport
  • Parking Available
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Panoramic

Home Design

  • Contemporary Architecture
  • Wood Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,580 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Formal Entry
  • Great Room
  • Family Room
  • Den
  • Bonus Room
  • Sun or Florida Room
  • Home Gym

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Deck
  • Fireplace in Patio
  • Stone Porch or Patio
  • Fire Pit

Utilities

  • Forced Air Heating and Cooling System
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 2542411200

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,851

Year Built

Built in 1986

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • 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
  • Stories: 2
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook
  • Fireplace Features: Fire Pit, Patio
  • Levels: Two
  • Price Per Square Foot: 1187.15
  • Room Type: Bonus Room, Den, Exercise Room, Family Room, Formal Entry, Great Room, Main Floor Bedroom, Sun

Exterior Features

  • Patio: Yes
  • Exterior Features: Satellite Dish
  • View: Ocean, Panoramic
  • Patio And Porch Features: Deck, Stone
  • Pool Private: No
  • Roof: Composition, Wood
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Attached Carport, Driveway, Garage Door Opener
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 4.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Heating Type: Electric, Fireplace(s), Forced Air
  • Laundry Features: Electric Dryer Hookup, Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Sprinkler System, Sprinklers Drip System, Sprinklers Timer
  • Lot Size: 57x50
  • Lot Size Sq Ft: 5662.00
  • Lot Size Acres: 0.1300

Multi Family

  • Lot Size Area: 5662.0000 Square Feet
  • Waterfront Features: Ocean Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2011
Closed on
Dec 21, 2011
Sold by
Mcquillan Amy
Bought by
Gildred Theodore E and Theodore E Gildred Trust
Seller's Agent
Nitya Rawal
HomeSmart Realty West
Buyer's Agent
Herbert Josepher
Berkshire Hathaway HomeServices California Properties
List Price
$3,900,000
Sold Price
$4,250,000
Premium/Discount to List
$350,000
8.97%
Current Estimated Value
$5,048,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$798,043
Avg. Annual Appreciation
1.26%

Purchase Details

Closed on
Jan 29, 2004
Sold by
Mcquillan Amy
Bought by
Mcquillan Amy and Amy Mcquillan Trust

Purchase Details

Closed on
Aug 27, 2002
Sold by
Caccavo James and Caccavo Kimberly
Bought by
Mcquillan Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.24%

Purchase Details

Closed on
Mar 5, 2002
Sold by
Caccavo James and Caccavo Kimberly
Bought by
Caccavo James and Caccavo Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
4%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 6, 1999
Sold by
Folkerth Theodore L
Bought by
Caccavo James A and Caccavo Kimberly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.9%

Purchase Details

Closed on
Sep 2, 1998
Sold by
Folkerth Jean
Bought by
Folkerth Theodore L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$778,800
Interest Rate
7.12%
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
Gildred Theodore E $4,250,000 California Title Company
Mcquillan Amy -- --
Mcquillan Amy -- --
Mcquillan Amy $2,500,000 New Century Title Company
Mcquillan Amy $1,500,000 Fidelity National Title Co
Caccavo James -- Equity Title
Caccavo James A $1,225,000 First American Title
Folkerth Theodore L -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gildred Theodore E $2,000,000
Previous Owner Mcquillan Amy J $1,000,000
Previous Owner Mcquillan Amy $1,003,000
Previous Owner Mcquillan Amy $1,003,000
Previous Owner Mcquillan Amy $1,000,000
Previous Owner Caccavo James $1,300,000
Previous Owner Caccavo James A $1,000,000
Previous Owner Folkerth Theodore L $778,800
Closed Caccavo James A $100,000
Closed Mcquillan Amy $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2012 01/13/12 Sold $4,250,000 +9.0% $1,187 / Sq Ft
12/14/2011 12/14/11 Pending -- -- --
09/27/2011 09/27/11 For Sale $3,900,000 -- $1,089 / 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 $47,851 $4,556,276 $2,339,709 $2,216,567
2024 $47,851 $4,466,938 $2,293,833 $2,173,105
2023 $46,715 $4,379,352 $2,248,856 $2,130,496
2022 $45,760 $4,293,483 $2,204,761 $2,088,722
2021 $45,154 $4,209,298 $2,161,531 $2,047,767
2020 $44,557 $4,166,138 $2,139,368 $2,026,770
2019 $43,638 $4,084,450 $2,097,420 $1,987,030
2018 $42,778 $4,004,364 $2,056,295 $1,948,069
2017 $42,010 $3,925,848 $2,015,976 $1,909,872
2016 $40,660 $3,848,872 $1,976,448 $1,872,424
2015 $40,062 $3,791,059 $1,946,760 $1,844,299
2014 $39,255 $3,716,798 $1,908,626 $1,808,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 110055107

California Regional Multiple Listing Service (CRMLS)

APN: 254-241-15