NOT LISTED FOR SALE

122 5th St Encinitas, CA 92024

Estimated Value: $2,170,000 - $3,178,000

3 Beds
3 Baths
2,200 Sq Ft
$1,215/Sq Ft Est. Value

Last Sold November 13, 2018

Last sale price $1,700,000 $773 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $16,354/month

65 Days on Market

Highlights

  • Ocean View
  • Filtered Pool
  • Gated Community
  • Paul Ecke-Central Elementary Rated A
  • Automatic Gate
  • 3-minute walk to Moonlight State Beach

About This Home

As of November 2018

This is a very rare top floor single level Spanish Hacienda style oceanfront masterpiece set adjacent to Moonlight Beach State Park. With 3 bedrooms and 3 bathrooms in almost 2200 ft.² this property offers what many others do not: private beach access, proximity to coastal downtown Encinitas, a huge private two-car +++ garage and enough living space for a large family in a quaint setting. Rarely on the market must be seen to be appreciated. Needs remodeling but boy oh boy is this a great opportunity! Neighborhoods: Moonlight Beach Complex Features: ,,,, Equipment: Dryer,Fire Sprinklers,Garage Door Opener,Pool/Spa/Equipment Other Fees: 0 Sewer: Sewer Connected Topography: LL

Last Agent to Sell the Property

Walter Shaffer

Walter Bert Shaffer, Broker License #00875202 Listed on: 08/10/2018

Last Buyer's Agent

Jordan Beal

Compass License #01928849

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $20,014

Year Built

  • Built in 1987

Lot Details

  • Wrought Iron Fence
  • Block Wall Fence
  • Stucco Fence
  • Fence is in excellent condition
  • Sprinkler System

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Single Garage Door
  • Automatic Gate
  • Guest Parking

Property Views

  • Ocean
  • Panoramic
  • Mountain

Home Design

  • Mediterranean Architecture
  • Concrete Roof
  • Stucco

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Cathedral Ceiling
  • Great Room
  • Living Room with Fireplace
  • Library
  • Storage
  • Alarm System

Kitchen

  • Eat-In Galley Kitchen
  • Electric Oven
  • Built-In Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors swing in
  • No Interior Steps
  • Accessible Parking

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool
  • Gunite Pool
  • Gunite Spa
  • Fence Around Pool
  • Permits For Spa
  • Permits for Pool

Outdoor Features

  • Deck
  • Enclosed patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2580231604

Community Details

Overview

  • 6 Units
  • Moonlight Beach Club Association, Phone Number (760) 497-1800
  • Moonlight Beach Club North

Amenities

  • Community Storage Space

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$20,014

Year Built

Built in 1987

Lot Details

0

HOA Fees

$500 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Park Name: Moonlight Beach Club North
  • Property Attached: Yes
  • Security: Automatic Gate, Gated Community, Fire Sprinkler System, Smoke Detector(s), Wired for Alarm System, Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • Subdivision Name Other: Moonlight Beach
  • View: Yes
  • Zoning: R8
  • Architectural Style: Mediterranean
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 2580231604
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2200.00
  • Interior Amenities: Open Floorplan, Partially Furnished, Storage, Cathedral Ceiling(s), Furnished
  • Stories: 1
  • Entry Location: 3
  • Flooring: Carpet, Tile
  • Accessibility Features: Doors - Swing In, No Interior Steps, Parking, 36 Inch Or More Wide Halls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Area
  • Entry Level: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 772.73
  • Room Type: Main Floor Bedroom, Great Room, Library, Retreat, Main Floor Master Bedroom, Kitchen, Living Room, Master Bedroom, Galley Kitchen, Jack & Jill, Laundry, Master Bathroom, Walk-In Closet
  • Spa Features: Community, In Ground, Heated, Gunite, Permits

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Ocean, Panoramic
  • Fence: Yes
  • Fencing: Excellent Condition, Stucco Wall, Wrought Iron, Block
  • Patio And Porch Features: Deck, Enclosed, Front Porch, Rear Porch
  • Pool Features: Heated, In Ground, Community, Private, Gas Heat, Association, Gunite, Permits, Fenced, Filtered
  • Pool Private: Yes
  • Roof: Concrete
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Gated, Guest, Garage, Garage - Single Door
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Natural Gas Available, Phone Available, Phone Connected, Sewer Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater, Dishwasher, Disposal, Microwave, Refrigerator, Built-In Range, Electric Oven, Electric Range, Electric Cooktop, Freezer
  • Heating Type: Natural Gas, Forced Air
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Inside
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pets Permitted, Spa/Hot Tub, Storage, Pool
  • Association Fee: 500.00
  • Association Fee Frequency: Monthly
  • Association Name: Moonlight Beach Club
  • Phone: 760-497-1800

Lot Info

  • Lot Features: Sprinkler System
  • Lot Size: Irregular
  • Lot Size Sq Ft: 24198.00
  • Lot Size Acres: 0.5500

Multi Family

  • Lot Size Area: 24198.0000 Square Feet
  • Number Of Units In Community: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2018
Closed on
Oct 24, 2018
Sold by
Smith Steven C and Smith Mary Lee
Bought by
Riccoboni Steven Thomas and Lorenze Andrea Nicole
Seller's Agent
Walter Shaffer
Walter Bert Shaffer, Broker
Buyer's Agent
Jordan Beal
Compass
List Price
$1,799,000
Sold Price
$1,700,000
Premium/Discount to List
-$99,000
-5.5%
Total Days on Market
65
Current Estimated Value
$2,673,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$973,085
Avg. Annual Appreciation
7.15%
Original Mortgage
$1,445,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 1994
Sold by
Nao South Investments Inc
Bought by
Smith Steven C and Smith Mary Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,200
Interest Rate
5.5%
Source: Public Records

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Range of Values:

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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
Riccoboni Steven Thomas $1,700,000 First American Title Insuran
Smith Steven C -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riccoboni Steven Thomas $1,401,500
Closed Riccoboni Steven Thomas $1,440,000
Closed Riccoboni Steven Thomas $1,445,000
Previous Owner Smith Steven C $520,000
Previous Owner Smith Steven C $317,000
Previous Owner Smith Steven C $323,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2018 11/13/18 Sold $1,700,000 -5.5% $773 / Sq Ft
10/14/2018 10/14/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $1,799,000 -- $818 / 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
2024 $20,014 $1,859,193 $1,613,125 $246,068
2023 $19,513 $1,822,740 $1,581,496 $241,244
2022 $19,166 $1,787,001 $1,550,487 $236,514
2021 $18,876 $1,751,963 $1,520,086 $231,877
2020 $18,634 $1,734,000 $1,504,500 $229,500
2019 $18,251 $1,700,000 $1,475,000 $225,000
2018 $6,651 $603,478 $418,258 $185,220
2017 $6,542 $591,646 $410,057 $181,589
2016 $6,335 $580,046 $402,017 $178,029
2015 $6,275 $571,334 $395,979 $175,355
2014 $6,145 $560,144 $388,223 $171,921
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 180044448

California Regional Multiple Listing Service (CRMLS)

APN: 258-023-16-04