$530,000
SOLD OCT 31, 2012

1332 Hermes Ave Encinitas, CA 92024

4 Beds
2 Baths
1,518 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$349 Per Sq Ft

18% Above List Price

6 Days on Market

Highlights

  • 1-Story Property
  • Paul Ecke-Central Elementary Rated A
  • Private Streets

About This Home

As of October 2012

Opportunity knocks! Great duplex in a quiet area! Potential cap rate of 7%. Each unit is 2 bedroom, 1 bath with a 2 car attached garage. Lots of parking and nice greenbelt area. Will not last long!

Last Agent to Sell the Property

Elizabeth Do

Keller Williams Realty License #01473012 Listed on: 10/23/2012

Last Buyer's Agent

Jeff Zerboni

Premier West Realty, Inc. License #01773223

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,961

Year Built

  • 2000

Lot Details

  • 7,405 Sq Ft Lot
  • Private Streets
  • Sprinklers on Timer

Home Design

  • Concrete Roof

Interior Spaces

  • 1-Story Property

Utilities

  • Gravity Heating System
  • Separate Water Meter
  • Gas Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 254-254-31-00

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,961

Year Built

2000

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Coastal North
  • Cross Street: Hermes & Jason
  • Neighborhood: Encinitas
  • Stories: 1 Story
  • Sale Price List Price: 1.18
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2000

Exterior Features

  • Boat Facilities: No/Unknown
  • Exterior Material: Wood/Stucco
  • Roof: Concrete

Utilities

  • Sewer/Septic: Septic Installed
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: ENCINITAS

Schools

  • School District URL: https://www.sandiegounified.org/

Lot Info

  • Irrigation: Automatic, Sprinklers
  • Lot Size: 4,000-7,499 SF
  • Site: Easement Access, Private Street
  • Zoning: R2
  • Assessor Parcel Number: 254-254-31-00
  • Estimated Lot Sq Ft: 7405

Multi Family

  • No. of Units: 2
  • Gross Sched Income Projected: 40800
  • Number Of Buildings: 1
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2012
Closed on
Nov 19, 2012
Sold by
California Foreclosure Prevention Inc
Bought by
Apg Fund I Llc
Seller's Agent
Elizabeth Do
Keller Williams Realty
Buyer's Agent
Jeff Zerboni
Premier West Realty, Inc.
List Price
$450,000
Sold Price
$530,000
Premium/Discount to List
$80,000
17.78%
Current Estimated Value
$2,032,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,502,974
Avg. Annual Appreciation
10.33%

Purchase Details

Listed on
Oct 23, 2012
Closed on
Nov 15, 2012
Sold by
Apg Fund I Llc
Bought by
Leucadia Creative Corporation
Seller's Agent
Elizabeth Do
Keller Williams Realty
Buyer's Agent
Jeff Zerboni
Premier West Realty, Inc.
List Price
$450,000
Sold Price
$530,000
Premium/Discount to List
$80,000
17.78%

Purchase Details

Listed on
Oct 23, 2012
Closed on
Oct 30, 2012
Sold by
Mincer Matthew Scott and Mincer Stephen Daniel
Bought by
California Foreclosure Prevention Inc
Seller's Agent
Elizabeth Do
Keller Williams Realty
Buyer's Agent
Jeff Zerboni
Premier West Realty, Inc.
List Price
$450,000
Sold Price
$530,000
Premium/Discount to List
$80,000
17.78%

Purchase Details

Closed on
Jan 18, 2012
Sold by
Mincer Mary Gail
Bought by
Mincer Matthew Scott and Mincer Stephen Daniel
Source: Public Records

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 Type Sale Price Title Company
Grant Deed -- Fatco
Grant Deed $610,000 First American Title Company
Grant Deed $530,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2013 01/11/13 Rented $1,795 0.0% --
01/11/2013 01/11/13 For Rent $1,795 0.0% --
10/31/2012 10/31/12 Sold $530,000 +17.8% $349 / Sq Ft
10/25/2012 10/25/12 Pending -- -- --
10/19/2012 10/19/12 For Sale $450,000 -- $296 / 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
2025 $8,961 $751,158 $615,709 $135,449
2024 $8,961 $736,431 $603,637 $132,794
2023 $8,660 $721,992 $591,801 $130,191
2022 $8,422 $707,837 $580,198 $127,639
2021 $8,249 $693,959 $568,822 $125,137
2020 $8,087 $686,844 $562,990 $123,854
2019 $7,934 $673,377 $551,951 $121,426
2018 $7,790 $660,175 $541,129 $119,046
2017 $191 $647,231 $530,519 $116,712
2016 $7,436 $634,541 $520,117 $114,424
2015 $7,279 $625,011 $512,305 $112,706
2014 $7,094 $612,769 $502,270 $110,499
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 120053249

San Diego MLS

APN: 254-254-31