NOT LISTED FOR SALE

1269 Rainbow Ridge Ln Encinitas, CA 92024

Leucadia Neighborhood

Estimated Value: $2,341,000 - $3,114,000

3 Beds
3 Baths
2,598 Sq Ft
$1,086/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $2,555,000 $983 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $18,010/month

10 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Family Room Off Kitchen
  • Capri Elementary School Rated A
  • Solar Power System
  • 2 Car Attached Garage

About This Home

As of May 2022

Head over the Rainbow to and set your eyes on this resort-style single level property with plenty of privacy, spacious yard for entertaining spa/poolside, and a rooftop deck to soak in the warmth of a SoCal sunset. This 2,598 sq ft open living space offers 3 bedrooms, 3 baths, has a gorgeous open kitchen concept with built-ins and travertine tile, bright spacious living room with hardwood floors, skylights, and a wood-burning fireplace. With plenty of outdoor living space, this property has solar, patio space off of the primary bedroom and kitchen, and plenty storage space. In a great school district and on a quiet cul-de-sac, this oasis is beautifully landscaped and is every buyer's delight.

Last Listed By

Angela Pennella

Keller Williams Realty License #01996827 Listed on: 04/07/2022

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,582

Year Built

  • Built in 1985

Lot Details

  • 0.3 Acre Lot
  • Privacy Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 2,598 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Entryway
  • Family Room Off Kitchen
  • Living Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Full Size Washer or Dryer
  • Gas And Electric Dryer Hookup

Pool

  • In Ground Pool
  • In Ground Spa
  • Gas Heated Pool
  • Pool Equipment or Cover

Additional Features

  • Solar Power System
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 254-180-35-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,582

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Coastal North
  • Cross Street: Sunrich Lane
  • Neighborhood: Leucadia
  • LP / Sq Ft: 943.03
  • Price Per Sq Ft: 983.45
  • SP/ Sq Ft: 983.45
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Disposal, Microwave, Pool/Spa/Equipment, Range/Oven, Refrigerator, Solar Panels
  • Fireplaces: 1
  • Fireplace: Wood
  • Searchable Rooms: Family Room, Kitchen, Living Room, Master Bedroom, All Bedrooms Down, Entry, Family Kitchen, Master Bathroom, Walk-In Closet
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 16x18
  • Full Bathrooms: 3
  • Laundry Location: Closet Full Sized
  • Estimated Sq Ft: 2598
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Privacy
  • Pool: Below Ground
  • Pool Heat: Gas
  • Roof: Tile/Clay
  • Spa: Private Below Ground
  • Spa Heat: Gas
  • View: Ocean

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Gas & Electric Dryer HU
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Community: LEUCADIA

Lot Info

  • Lot Size: .25 to .5 AC
  • Topography: Rolling
  • Assessor Parcel Number: 254-180-35-00
  • Estimated Lot Sq Ft: 12900
  • Estimated Number of Acres: 0.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
May 10, 2022
Sold by
Amy S Bennett Trust
Bought by
Becker Jeffrey and Pederson Julia
Seller's Agent
Angela Pennella
Keller Williams Realty
Buyer's Agent
Sander Harth
Compass
List Price
$2,450,000
Sold Price
$2,555,000
Premium/Discount to List
$105,000
4.29%
Total Days on Market
10
Current Estimated Value
$2,820,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,285
Avg. Annual Appreciation
6.08%
Original Mortgage
$2,000,000
Outstanding Balance
$1,902,056
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$1,147,600

Purchase Details

Closed on
Apr 23, 2009
Sold by
Bennett Amy S
Bought by
Bennett Amy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
5.06%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 2, 2009
Sold by
Bennett Robert P and Bennett Amy S
Bought by
Bennett Amy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
5.06%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 3, 2004
Sold by
Bennett Robert P
Bought by
Bennett Robert P and Bennett Amy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2004
Sold by
Bennett Robert P and Bennett Amy S
Bought by
Bennett Robert P and Bennett Amy S

Purchase Details

Closed on
Jan 27, 2000
Sold by
Hayashi Robert A
Bought by
Bennett Robert P and Bennett Amy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
6.5%

Purchase Details

Closed on
Apr 27, 1998
Sold by
Hayashi Lisa
Bought by
Hayashi Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
7.06%

Purchase Details

Closed on
Apr 10, 1998
Sold by
Gradinger Leo P and Gradinger Melanie C
Bought by
Hayashi Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
7.06%

Purchase Details

Closed on
Sep 11, 1989

Purchase Details

Closed on
Apr 1, 1988

Purchase Details

Closed on
Dec 9, 1985

Purchase Details

Closed on
Jan 27, 1984

Range of Values:

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Average Value
Not Available
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
Becker Jeffrey $2,555,000 Lawyers Title
Bennett Amy S -- None Available
Bennett Amy S -- Lawyers Title Company
Bennett Robert P -- Old Republic Title Company
Bennett Robert P -- Old Republic Title Company
Bennett Robert P -- Old Republic Title Company
Bennett Robert P -- --
Bennett Robert P $604,000 First American Title
Hayashi Robert A -- First American Title
Hayashi Robert A $555,000 First American Title
-- $465,000 --
-- $205,000 --
-- $156,000 --
-- $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Becker Jeffrey $2,000,000
Previous Owner Bennett Amy S $388,000
Previous Owner Bennett Amy S $410,000
Previous Owner Bennett Robert P $439,000
Previous Owner Bennett Robert P $443,000
Previous Owner Bennett Robert P $442,000
Previous Owner Bennett Robert P $437,000
Previous Owner Bennett Robert P $428,000
Previous Owner Hayashi Robert A $492,000
Previous Owner Hayashi Robert A $12,000
Previous Owner Hayashi Robert A $444,000
Closed Hayashi Robert A $55,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2022 05/23/22 Sold $2,555,000 +4.3% $983 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $2,450,000 -- $943 / Sq Ft
Source: San Diego MLS

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 $27,582 $2,558,000 $2,102,000 $456,000
2023 $24,904 $2,318,000 $1,905,000 $413,000
2022 $9,638 $874,777 $411,318 $463,459
2021 $9,483 $857,625 $403,253 $454,372
2020 $9,334 $848,832 $399,119 $449,713
2019 $9,146 $832,190 $391,294 $440,896
2018 $8,970 $815,873 $383,622 $432,251
2017 $191 $799,876 $376,100 $423,776
2016 $8,536 $784,193 $368,726 $415,467
2015 $8,388 $772,415 $363,188 $409,227
2014 $8,202 $757,285 $356,074 $401,211
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220007688

San Diego MLS

APN: 254-180-35