NOT LISTED FOR SALE

1333 Rainbow Ridge Ln Encinitas, CA 92024

Leucadia Neighborhood

Estimated Value: $3,122,000 - $4,145,000

4 Beds
4.5 Baths
3,746 Sq Ft
$1,009/Sq Ft Est. Value

Last Sold September 24, 2018

Last sale price $2,680,000 $715 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $23,677/month

13 Days on Market

Highlights

  • Ocean View
  • Pool and Spa
  • 0.86 Acre Lot
  • Capri Elementary School Rated A
  • RV Access or Parking
  • Bonus Room

About This Home

As of September 2018

Designed by coastal architect Torgen Johnson, this incredible custom home sits on a private ridge top in Encinitas with expansive ocean, mountain and canyon views. This retreat is the perfect setting for family enjoyment and entertaining. Impressive outdoor living spaces include massive view deck, beautiful gardens and fruit trees, lush landscape, stunning pool and paths that lead to endless trails for hiking/biking. This home is currently configured as a two bedroom with two optional bedrooms. The private guest house includes a formal living room, kitchenette, one bedroom and bath with an outdoor patio.

Last Listed By

Eric Iantorno

Compass License #01256501 Listed on: 08/10/2018

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,338

Year Built

  • Built in 1947

Lot Details

  • 0.86 Acre Lot
  • Partially Fenced Property
  • Level Lot

Property Views

  • Ocean
  • City Lights
  • Mountain

Home Design

  • Stucco Exterior

Interior Spaces

  • 3,746 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room with Fireplace
  • Living Room
  • Bonus Room
  • Fire Sprinkler System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • Driveway
  • RV Access or Parking

Pool

  • Pool and Spa
  • In Ground Pool
  • Pool Equipment or Cover

Utilities

  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 254-180-83-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,338

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Coastal North
  • Cross Street: Sunrich
  • Neighborhood: Leucadia
  • Supplement: This home is currently configured as a two bedroom with two optional bedrooms. The private guest house includes a formal living room, kitchenette, one bedroom and bath with an outdoor patio.
  • LP / Sq Ft: 734.12
  • Price Per Sq Ft: 715.43
  • SP/ Sq Ft: 715.43
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 1947
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Disposal, Dryer, Fire Sprinklers, Microwave, Pool/Spa/Equipment, Range/Oven, Refrigerator, Washer
  • Fireplaces: 1
  • Fireplace: Fp In Family Room
  • Searchable Rooms: Bonus Room, Family Room, Kitchen, Living Room, Master Bedroom, Entry, Laundry, Master Bathroom, Walk-In Closet
  • Total Bedrooms: 4
  • Bedrooms: 3
  • Master Bedroom Dimensions: 18x19
  • Optional Bedrooms: 1
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 3746
  • Total Bathrooms: 5

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Pool: Below Ground, Private
  • Spa: Private w/Pool
  • View: Evening Lights, Mountains/Hills, Ocean

Garage/Parking

  • Parking for RV: On-Site Parking
  • Non Garage Parking: Driveway
  • Garage Spaces: 8
  • Parking Spaces Total: 8

Utilities

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

Condo/Co-op/Association

  • Community: ENCINITAS

Lot Info

  • Lot Size: .5 to 1 AC
  • Topography: Level
  • Assessor Parcel Number: 254-180-83-00
  • Estimated Lot Sq Ft: 37461
  • Estimated Number of Acres: 0.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2020
Sold by
Tres Casas Llc
Bought by
Genow Richard M and The Swamis Trust
Total Days on Market
13
Current Estimated Value
$3,781,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,691,800
Outstanding Balance
$1,524,924
Interest Rate
3.03%
Mortgage Type
New Conventional
Estimated Equity
$2,256,461

Purchase Details

Closed on
Jan 23, 2019
Sold by
Genow Richard M and The Swaniis Trust
Bought by
Tres Casas Llc

Purchase Details

Listed on
Aug 10, 2018
Closed on
Sep 18, 2018
Sold by
Cassou Katherine and Katherine E Harrison Revocable
Bought by
Genow Richard M and Swamis Trust
Seller's Agent
Eric Iantorno
Compass
Buyer's Agent
Anne Hanna
Compass
List Price
$2,750,000
Sold Price
$2,680,000
Premium/Discount to List
-$70,000
-2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$1,742,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2015
Sold by
Stuckenschneider Robert J and Stuckenschneider Kathryn D
Bought by
Harrison Katherine E and Katherine E Harrison Revocable Trust

Purchase Details

Listed on
Jan 27, 2012
Closed on
Mar 6, 2012
Sold by
Kaats Scott J and Kaats Ann Fowler
Bought by
Harrison Katherine E and Katherine E Harrison Revocable Trust
Seller's Agent
Gwen Brunton
Torrey Pacific Real Estate
Buyer's Agent
Kathy Rolfo
RE/MAX Connections
List Price
$1,375,000
Sold Price
$1,250,000
Premium/Discount to List
-$125,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%
Original Mortgage
$750,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 11, 2010
Sold by
Kaats Scott J and Kaats Ann Fowler
Bought by
Kaats Scott J and Kaats Ann Fowler

Purchase Details

Closed on
Mar 27, 2009
Sold by
Kaats Scott J and Kaats Diane M
Bought by
Kaats Scott J and Scott J Kaats Declaration Of Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,250
Interest Rate
4.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 31, 2007
Sold by
Kaats Scott J and Kaats Scott
Bought by
Kaats Scott J and Scott J Kaats Declaration Of Trust

Purchase Details

Closed on
Nov 15, 2006
Sold by
Kaats Diane M
Bought by
Kaats Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$794,000
Interest Rate
6.36%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 23, 2006
Sold by
Fellows Cherryl A
Bought by
Kaats Scott

Purchase Details

Closed on
Mar 3, 1994
Sold by
Zevely Edward M and Zevely Donna C
Bought by
Fellows Cherryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,750
Interest Rate
4.62%

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
Genow Richard M -- Old Republic Title Company
Tres Casas Llc -- None Available
Genow Richard M $2,680,000 Chicago Title Company
Harrison Katherine E -- First Amer Title San Diego
Harrison Katherine E $1,250,000 Fidelity National Title Co
Kaats Scott J -- None Available
Kaats Scott J -- None Available
Kaats Scott J -- None Available
Kaats Scott J -- None Available
Kaats Scott J -- None Available
Kaats Scott -- Alliance Title Company
Kaats Scott $830,000 Southland Title Of San Diego
Fellows Cherryl A $253,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swamis Trust $1,000,000
Open Genow Richard M $1,691,800
Previous Owner Genow Richard M $1,742,000
Previous Owner Harrison Katherine E $404,600
Previous Owner Harrison Katherine E $350,000
Previous Owner Harrison Katherine E $727,625
Previous Owner Harrison Katherine E $750,000
Previous Owner Kaats Scott J $546,250
Previous Owner Kaats Scott J $240,000
Previous Owner Kaats Scott $794,000
Previous Owner Fellows Cherryl A $234,000
Previous Owner Fellows Cherryl A $232,000
Previous Owner Fellows Cherryl A $225,000
Previous Owner Fellows Cherryl A $209,000
Previous Owner Fellows Cherryl A $190,000
Previous Owner Fellows Cherryl A $189,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2018 09/24/18 Sold $2,680,000 -2.5% $715 / Sq Ft
08/24/2018 08/24/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $2,750,000 +120.0% $734 / Sq Ft
04/20/2012 04/20/12 Sold $1,250,000 -9.1% $539 / Sq Ft
03/21/2012 03/21/12 Pending -- -- --
01/27/2012 01/27/12 For Sale $1,375,000 -- $593 / 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 $31,338 $2,900,917 $2,164,864 $736,053
2023 $30,576 $2,844,037 $2,122,416 $721,621
2022 $29,937 $2,788,272 $2,080,800 $707,472
2021 $29,528 $2,733,600 $2,040,000 $693,600
2020 $29,424 $2,733,600 $2,040,000 $693,600
2019 $28,820 $2,680,000 $2,000,000 $680,000
2018 $15,781 $1,455,526 $883,017 $572,509
2017 $191 $1,426,987 $865,703 $561,284
2016 $15,005 $1,399,008 $848,729 $550,279
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 180044548

San Diego MLS

APN: 254-180-83