NOT LISTED FOR SALE

1327 Neptune Ave Encinitas, CA 92024

Estimated Value: $2,892,705 - $4,672,000

5 Beds
5 Baths
2,960 Sq Ft
$1,208/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $2,960,500 $1,000 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $19,831/month

17 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Back Yard
  • Paul Ecke-Central Elementary Rated A
  • No Heating

About This Home

As of April 2024

This classic beach house with new guest house boasts a prime location, breathtaking ocean views, and plenty of good vibes. Located on Neptune, between Beacons and Grandview Beaches this home exudes coastal charm and the Leucadia lifestyle that locals covet! This is two homes on one lot, both with ocean views from every level and separate rooftop decks! The original front house has three bedrooms, two and a half baths, an enclosed porch and second floor sunroom. Perched above the street you'll enjoy ocean views from all the living areas- Kitchen, Dining Room, Family Room and the primary suite on the second level! With owned solar and water filtration systems/soft water! A shady back patio is perfect for outdoor dining, entertaining and a break from the sunshine on hot summer afternoons. And no beach house is complete without an outdoor shower for rinsing off feet and leaving the beach sand at the door! The guest house (ADU- built in 2023) has two bedrooms and two full baths, beautiful wood floors, custom tile-work, stackable laundry, mini split A/C, and stylish fixtures and finishes. It also has ocean views from the living area. Both homes offer large rooftop decks with 360 degree views, perfect for enjoying the sunset over the water or multiple fireworks shows on the Fourth of July. Each home offers sweet spots to relax and listen to the crashing waves. From the front porch you can watch passerby's walk, skate, jog and bike down this iconic street. And although you'll feel a world away, you're just a few short blocks to great eateries, markets, coffee shops and galleries on the Coast Highway 101. So much to enjoy.... did we mention the ocean views!?! Yes- they are that good!

Last Agent to Sell the Property

Diane Silberman

Coldwell Banker Realty Brokerage Email: thedianesilberman@gmail.com License #01912579 Listed on: 02/22/2024

Coldwell Banker Realty

Co-Listed By

Kevin Silberman

Coldwell Banker Realty Brokerage Email: thedianesilberman@gmail.com License #01304958

Last Buyer's Agent

Rachel Robles-Zamor

The Mili Commercial Inc. License #00950123

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,088

Year Built

  • Built in 1941

Lot Details

  • 5,988 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 1 Open Parking Space
  • 1 Car Garage

Interior Spaces

  • 2,960 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Additional Features

  • Exterior Lighting
  • No Heating

Listing and Financial Details

  • Tax Lot 2/27
  • Tax Tract Number 2049
  • Assessor Parcel Number 2542220600

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,088

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Price Per Unit: 1749500
  • Property Attached: No
  • View: No
  • Zoning: R-1:SINGLE FAM-RES
  • Property Type: Residential Income
  • Parcel Number: 2542220600
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 1000.17

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5988.00
  • Lot Size Acres: 0.1375

Multi Family

  • Lot Size Area: 5988.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 2/27
  • Tax Tract Number: 002049

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Mar 27, 2024
Sold by
Borland Devin Vicki
Bought by
Roostaeian Jason
Seller's Agent
Diane Silberman
Coldwell Banker Realty
Buyer's Agent
Rachel Robles-Zamor
The Mili Commercial Inc.
List Price
$3,499,000
Sold Price
$2,960,500
Premium/Discount to List
-$538,500
-15.39%
Views
125
Current Estimated Value
$3,576,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$616,426
Avg. Annual Appreciation
10.72%
Original Mortgage
$2,072,350
Outstanding Balance
$2,043,622
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$1,363,532

Purchase Details

Listed on
Feb 22, 2024
Closed on
Mar 14, 2024
Sold by
Brockman John and Willard Scott
Bought by
Roostaeian Jason
Seller's Agent
Diane Silberman
Coldwell Banker Realty
Buyer's Agent
Rachel Robles-Zamor
The Mili Commercial Inc.
List Price
$3,499,000
Sold Price
$2,960,500
Premium/Discount to List
-$538,500
-15.39%
Views
125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,072,350
Outstanding Balance
$2,043,622
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$1,363,532

Purchase Details

Closed on
Dec 17, 2019
Sold by
Willard Scott M and Willard Tracy R
Bought by
Willard Scott and Willard Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2019
Sold by
Willard Scott and Willard Tracy R
Bought by
Willard Scott M and Willard Family Trust

Purchase Details

Closed on
Mar 1, 2017
Sold by
Rogers Dan and Willard Tracy R
Bought by
Willard Scott and Willard Tracym

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 11, 2016
Sold by
Rogers Dan
Bought by
Willard Tracy R

Purchase Details

Closed on
Dec 10, 2014
Sold by
Brockman John
Bought by
Brockman John and Rogers Dan

Purchase Details

Closed on
Oct 4, 2006
Sold by
Brockman Shirley P
Bought by
Brockman John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.46%
Mortgage Type
Credit Line Revolving
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
Roostaeian Jason -- Lawyers Title Company
Roostaeian Jason $2,960,500 Lawyers Title Company
Willard Scott -- Ticor Ttl Orange Cnty Branch
Willard Scott M -- None Available
Willard Scott -- Fidelity National Title
Willard Tracy R -- None Available
Brockman John -- None Available
Brockman John -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roostaeian Jason $2,072,350
Previous Owner Willard Scott $250,000
Previous Owner Willard Scott $1,250,000
Previous Owner Willard Scott $1,040,000
Previous Owner Brockman John $600,000
Previous Owner Bruckman Shirley P $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $2,960,500 -15.4% $1,000 / Sq Ft
03/10/2024 03/10/24 Pending -- -- --
03/10/2024 03/10/24 For Sale $3,499,000 +18.2% $1,182 / Sq Ft
03/10/2024 03/10/24 Off Market $2,960,500 -- --
03/07/2024 03/07/24 For Sale $3,499,000 0.0% $1,182 / Sq Ft
03/02/2024 03/02/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $3,499,000 -- $1,182 / 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 $4,088 $3,019,710 $2,652,000 $367,710
2024 $4,088 $312,120 $49,919 $262,201
2023 $3,235 $241,001 $48,941 $192,060
2022 $1,820 $133,335 $43,080 $90,255
2021 $1,763 $130,722 $42,236 $88,486
2020 $1,711 $129,382 $41,803 $87,579
2019 $1,682 $126,846 $40,984 $85,862
2018 $1,653 $124,360 $40,181 $84,179
2017 $1,628 $121,923 $39,394 $82,529
2016 $1,658 $119,533 $38,622 $80,911
2015 $1,608 $117,738 $38,042 $79,696
2014 $1,556 $115,432 $37,297 $78,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2401442

California Regional Multiple Listing Service (CRMLS)

APN: 254-222-06