NOT LISTED FOR SALE

Estimated Value: $4,912,569 - $5,174,000

5 Beds
5.5 Baths
5,061 Sq Ft
$996/Sq Ft Est. Value

Last Sold November 04, 2024

Last sale price $4,900,000 $968 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $29,852/month

33 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Olivenhain Pioneer Elementary Rated A
  • Panoramic View
  • Wood Flooring

About This Home

As of November 2024

Luxury, comfort, and refinement come together to shape this magnificent Encinitas estate into an entertainer’s oasis! Enviably set at the end of a peaceful cul-de-sac, this custom-designed residence welcomes you with a gated, paved driveway bordered by towering palms and impressive landscaping - complementing its picture-perfect curb appeal. Past the grand mahogany front entry, discover a sophisticated, modern interior defined by lofty beamed ceilings, rich wood and bare concrete accents, elegant neutral tones, and beautiful French Oak wood flooring. Expansive 60’ glass sliders frame scenic postcard views of the mountains across the open-concept layout, creating a seamless flow for a vibrant indoor/outdoor lifestyle. Share refreshments with guests around the living room’s corner fireplace adjacent to the sleek entertainment cabinet for your media unit. A modish chandelier evokes an intimate ambiance while hosting memorable occasions in the dining area. Straight out of an interior design magazine, the stunning chef’s kitchen sports top-of-the-line stainless steel Viking appliances that include ovens, an 8-burner stove, and a 48” built-in refrigerator. Inspiring garden foliage enclosed by picture windows provides a calming backdrop as you prep culinary delights on the rich soapstone countertops accompanied by abundant shaker-style cabinetry, recessed lighting, a large walk-in pantry with another fridge, and a multi-seater, pendant-lit island. Blending function with fabulous aesthetics, five well-sized retreats distributed across both stories offer a restful escape after a long day. Each room features a room-sized closet with storage organizers and tastefully tiled baths, including one with an exclusive balcony. Outshining them all, the main-level primary suite showcases its own fireplace, direct access to the terrace, and a boutique-like wardrobe. Experience spa-like rejuvenation in its opulent ensuite with radiant flooring, dual vanities, an oversized frameless shower, and a window-side soaking tub. A second main-level bedroom offers accommodation for overnight company. In addition, an upstairs loft and a ground-floor office offer plenty of versatility. Explore the resort-inspired backyard that beckons you to unwind and enjoy leisurely pastimes. Host weekend BBQs on the covered patio by its outdoor hearth, sip nightcaps alongside the pergola-covered fire pit, play golf on the private putting green, or dive into the pristine pool and spa - all amidst breathtaking surroundings. Other notables include two laundry rooms, an oversized, multi-car garage with lift systems, an extra covered parking space for boats and RVs, and no Mello-Roos and HOA fees. Plus, the Forum Shopping Center, Encinitas Ranch Town Center, top-rated schools, and Moonlight State Beach are all within easy reach. Let your real estate dreams come true by taking a tour today!

Last Agent to Sell the Property

Michi Suzuki

Keller Williams Realty Brokerage Email: michi@michisuzuki.com License #01080251 Listed on: 08/30/2024

Keller Williams Realty

Last Buyer's Agent

Ajay Singh

One Stop Real Estate License #01710588

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,963

Year Built

  • Built in 2013

Lot Details

  • 0.64 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Paved or Partially Paved Lot
  • Back and Front Yard
  • Property is zoned R-1:SINGLE FAM-RES

Parking

  • 5 Car Attached Garage
  • 1 Carport Space

Property Views

  • Panoramic
  • Pool
  • Neighborhood

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 5,061 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Home Office
  • Loft
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Pool

  • In Ground Pool
  • Waterfall Pool Feature
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Fireplace in Patio
  • Fire Pit
  • Outdoor Grill

Utilities

  • Central Air
  • No Heating
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2641433000
  • $568 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,963

Year Built

Built in 2013

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2641433000
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5061.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Fire Pit, Living Room, Primary Bedroom, Patio
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 968.19
  • Room Type: Entry, Family Room, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Suite, Office, Walk-In Closet, Walk-In Pantry
  • Spa Features: Heated, In Ground

Exterior Features

  • View: Neighborhood, Panoramic, Pool
  • Fence: No
  • Pool Features: In Ground, Waterfall
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 5.00
  • Parking: No
  • Total Parking Spaces: 6.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Appliances: Barbecue, Built-In, Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Landscaped, Paved
  • Lot Size Sq Ft: 27878.40
  • Lot Size Acres: 0.6400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.6400 Acres

Tax Info

  • Tax Tract Number: PM0586
  • TaxOtherAnnualAssessmentAmount: 568.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Oct 9, 2024
Sold by
Xiang Qiongying and Chen Qiwei
Bought by
Richards Family Trust and Richards
Seller's Agent
Michi Suzuki
Keller Williams Realty
Buyer's Agent
Ajay Singh
One Stop Real Estate
List Price
$5,260,000
Sold Price
$4,900,000
Premium/Discount to List
-$360,000
-6.84%
Views
94
Current Estimated Value
$5,041,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,142
Avg. Annual Appreciation
2.62%
Original Mortgage
$3,000,000
Outstanding Balance
$2,964,846
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$2,076,296

Purchase Details

Closed on
Feb 28, 2016
Sold by
Refold Jay M and Refold Debra L
Bought by
Xiang Qiongying and Chen Qiwei

Purchase Details

Closed on
Feb 10, 2011
Sold by
Reva Doris Y
Bought by
Refold Jay M and Refold Debra L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Richards Family Trust $4,900,000 Chicago Title
Xiang Qiongying $3,285,000 First American Title Company
Refold Jay M $400,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richards Family Trust $3,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2024 11/04/24 Sold $4,900,000 -6.8% $968 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
08/30/2024 08/30/24 For Sale $5,260,000 +60.1% $1,039 / Sq Ft
05/12/2016 05/12/16 Sold $3,285,000 0.0% $630 / Sq Ft View Prior Sale
05/02/2016 05/02/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $3,285,000 -- $630 / 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 $40,963 $4,900,000 $3,400,000 $1,500,000
2024 $40,963 $3,812,519 $2,321,169 $1,491,350
2023 $39,985 $3,737,764 $2,275,656 $1,462,108
2022 $39,163 $3,664,476 $2,231,036 $1,433,440
2021 $38,640 $3,592,625 $2,187,291 $1,405,334
2020 $38,126 $3,555,789 $2,164,864 $1,390,925
2019 $37,340 $3,486,068 $2,122,416 $1,363,652
2018 $36,619 $3,417,714 $2,080,800 $1,336,914
2017 $35,963 $3,350,700 $2,040,000 $1,310,700
2016 $15,430 $1,438,809 $460,989 $977,820
2015 $15,186 $1,417,198 $454,065 $963,133
2014 $14,864 $1,389,438 $445,171 $944,267
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2407820

California Regional Multiple Listing Service (CRMLS)

APN: 264-143-30