NOT LISTED FOR SALE

Estimated Value: $2,828,000 - $5,260,000

5 Beds
3 Baths
2,478 Sq Ft
$1,714/Sq Ft Est. Value

Last Sold July 22, 2013

Last sale price $1,475,000 $595 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $22,605/month

60 Days on Market

Highlights

  • Ocean View
  • Deck
  • Main Floor Bedroom
  • Paul Ecke-Central Elementary Rated A
  • Wood Flooring
  • 4-minute walk to Mildred MacPherson Park

About This Home

As of July 2013

Panoramic Ocean View charming beach cottage with easy beach access through new tunnel in fabulous Encinitas. The original home built in 1939 has been preserved and features an addition completed in 2002 to add more living space and ocean view balcony. The home is situated on a large lot in one of the most desirable locations overlooking Swami's, the Self-Realization Fellowship and vast Pacific Ocean. Don't miss another glorious sunset from this rare opportunity in the desirable Encinitas Highlands. [Supplement]: Welcome to Surfer's Paradise! This PANORAMIC OCEAN VIEW beach cottage offers easy beach access through the new tunnel in fabulous original Encinitas. This one of kind property overlooks Swami's, the Self-Realization Fellowship Meditation Gardens and the vast Pacific Ocean. The original beach cottage has been preserved (built by first owner in 1939!). Updating and second story addition completed by 2nd owners in 2002 to expand the living space capturing additional ocean views from 3 rooms and sun filled balcony in the back section. Entrance to back from both sides of the home allows for ample onsite parking, room for RV or boat, surf board storage, indoor-outdoor living, outside fireplace for cozy winter gatherings in patio behind detached garage, tons of 'Trex' decking with no required maintenance. Add some TLC to enjoy this total beach lifestyle, or create your own top of the hill ocean view estate on this large slightly-sloping block sited on the south end of town maximizing ocean views and breezes. Life doesn't get any better than 1155 Cornish Drive!

Last Agent to Sell the Property

David Miller

Swell Property License #01389997 Listed on: 04/05/2013

Last Buyer's Agent

Gary Martin

Gary Martin, Broker License #00962104

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 9,400 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Detached Carport Space
  • Parking Available
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Panoramic

Home Design

  • Wood Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,478 Sq Ft Home
  • 2-Story Property
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2583414900

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Encinitas
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2583414900
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Living Area: 2478.00 Square Feet
  • Stories: 2
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Levels: Two
  • Price Per Square Foot: 595.24
  • Room Type: Main Floor Bedroom

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport, Driveway, Garage Door Opener, Uncovered
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Water Heater
  • Heating Type: Forced Air, Wall Furnace
  • Laundry Features: Dryer Included, In Closet, Stackable, Washer Included

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 9400.00

Multi Family

  • Lot Size Area: 9400.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2013
Closed on
Jun 26, 2013
Sold by
Wong Francis C K and Wong Sheryl K
Bought by
Donnelly Michael
Seller's Agent
David Miller
Swell Property
Buyer's Agent
Gary Martin
Gary Martin, Broker
List Price
$1,475,000
Sold Price
$1,475,000
Current Estimated Value
$4,000,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,525,248
Avg. Annual Appreciation
8.87%
Original Mortgage
$1,032,500
Outstanding Balance
$716,395
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,531,063

Purchase Details

Closed on
Mar 12, 2008
Sold by
Amity Investment Trading Llc
Bought by
Wong Francis C K and Wong Sheryl K

Purchase Details

Closed on
Sep 19, 2007
Sold by
Wong Francis C K and Wong Sheryl K
Bought by
Amity Investment Trading Llc

Purchase Details

Closed on
Mar 30, 2007
Sold by
Wong Francis C K and Wong Sheryl K
Bought by
Wong Francis C K and Wong Sheryl K

Purchase Details

Closed on
Dec 31, 1992
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
Donnelly Michael $1,475,000 Lawyers Title Company
Wong Francis C K -- None Available
Amity Investment Trading Llc -- None Available
Wong Francis C K -- None Available
-- $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donnelly Michael $1,032,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2013 07/22/13 Sold $1,475,000 0.0% $595 / Sq Ft
06/04/2013 06/04/13 Pending -- -- --
04/05/2013 04/05/13 For Sale $1,475,000 -- $595 / 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 $19,755 $1,808,139 $1,532,324 $275,815
2024 $19,755 $1,772,686 $1,502,279 $270,407
2023 $19,097 $1,737,928 $1,472,823 $265,105
2022 $18,992 $1,703,852 $1,443,945 $259,907
2021 $18,491 $1,670,444 $1,415,633 $254,811
2020 $18,142 $1,653,317 $1,401,118 $252,199
2019 $17,777 $1,620,900 $1,373,646 $247,254
2018 $17,429 $1,589,118 $1,346,712 $242,406
2017 $191 $1,557,959 $1,320,306 $237,653
2016 $16,605 $1,527,412 $1,294,418 $232,994
2015 $16,417 $1,504,470 $1,274,975 $229,495
2014 $16,177 $1,475,000 $1,250,000 $225,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 130017078

California Regional Multiple Listing Service (CRMLS)

APN: 258-341-49