NOT LISTED FOR SALE

1340 Rainbow Ridge Ln Encinitas, CA 92024

Estimated Value: $2,975,000 - $3,862,381

4 Beds
3.5 Baths
2,906 Sq Ft
$1,156/Sq Ft Est. Value

Last Sold August 01, 2017

Last sale price $1,900,000 $654 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $20,448/month

46 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • 2 Car Attached Garage
  • Capri Elementary School Rated A
  • Contemporary Architecture
  • Laundry Room

About This Home

As of August 2017

Imagine living the perfect Leucadia Lifestyle on a half-acre lot with ocean views from your private deck. Enjoy all the amenities from Thermador appliances, spa style rain head showers with tranquil outdoor entertainment areas and waterfall pool feature. Close to Beacon Beach surfing, the Forum shopping and great Restaurants.

Last Agent to Sell the Property

Mitchell Pomeroy

Realty Source Incorporated License #01485529 Listed on: 04/28/2017

Co-Listed By

Angelica Camberos

Realty Source Incorporated License #01930101

Last Buyer's Agent

Darin Charp

Compass License #01885104

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,943

Year Built

  • Built in 1960

Lot Details

  • Property is Fully Fenced
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2,906 Sq Ft Home
  • 2-Story Property
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Schools

  • San Dieguito High School District Middle School
  • San Dieguito High School District

Additional Features

  • In Ground Pool
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 254-180-79-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,943

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Contemporary
  • Residential Styles: Detached
  • Market Area: Coastal North
  • Cross Street: Sunrich Ln
  • Neighborhood: Leucadia
  • LP / Sq Ft: 722.64
  • Price Per Sq Ft: 653.82
  • SP/ Sq Ft: 653.82
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 1960
  • Allow Comments Review: Yes
  • 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, Microwave, Range/Oven, Refrigerator
  • Total Bedrooms: 4
  • Bedrooms: 4
  • Master Bedroom Dimensions: 15x21
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 2906
  • Total Bathrooms: 4

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Pool: Below Ground
  • Roof: Composition
  • View: Ocean

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Garage Spaces: 2
  • Parking Spaces Total: 4

Utilities

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

Condo/Co-op/Association

  • Community: LEUCADIA

Schools

  • School District URL: http://www.sduhsd.net/
  • High School: San Dieguito High School District
  • Middle School Url: http://www.sduhsd.net/
  • Middle School: San Dieguito High School District

Lot Info

  • Lot Size: .5 to 1 AC
  • Topography: Level
  • Assessor Parcel Number: 254-180-79-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2020
Sold by
Weber Donovan and Weber Hannah
Bought by
Weber Donovan and Weber Hannah C
Current Estimated Value
$3,446,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,520,000
Outstanding Balance
$1,351,377
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,101,380

Purchase Details

Closed on
May 15, 2020
Sold by
Weber Donovan and Weber Hannah
Bought by
Weber Donovan and Weber Hannah C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,520,000
Outstanding Balance
$1,351,377
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,101,380

Purchase Details

Listed on
Apr 28, 2017
Closed on
Jun 16, 2017
Sold by
Deitch Sean
Bought by
Weber Donovan and Weber Hannah
Seller's Agent
Mitchell Pomeroy
Realty Source Incorporated
Buyer's Agent
Darin Charp
Compass
List Price
$2,300,000
Sold Price
$1,900,000
Premium/Discount to List
-$400,000
-17.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
Original Mortgage
$1,300,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2015
Sold by
Deitsch Heidi
Bought by
Deitch Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 17, 2015
Sold by
Fierer Adam S and Fierer Alisa R
Bought by
Deitch Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 9, 2013
Sold by
Fierer Adam Samuel and Fieer Alisa Remington
Bought by
Fierer Adam S and Fierer Alisa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$709,706
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 5, 2007
Sold by
Fierer Adam
Bought by
Madison Family Trust

Purchase Details

Closed on
Jun 20, 2003
Sold by
Fierer Adam
Bought by
Fierer Adam S and Fierer Alisa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 1997
Sold by
Fox Michael J and Fox Suzanna M
Bought by
Fierer Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,400
Interest Rate
7.5%
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 Buyer Sale Price Title Company
Weber Donovan -- None Available
Weber Donovan -- None Available
Weber Donovan $1,900,000 Guardian Title
Deitch Sean -- Chicago Title Company
Deitch Sean $925,000 Chicago Title Company
Fierer Adam S -- Placer Title Company
Madison Family Trust -- None Available
Fierer Adam S -- Financial Title
Fierer Adam -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weber Donovan $1,520,000
Previous Owner Weber Donovan $1,300,000
Previous Owner Deitch Sean $555,000
Previous Owner Fierer Adam S $709,706
Previous Owner Fierer Adam S $293,000
Previous Owner Fierer Adam S $55,000
Previous Owner Fierer Adam S $459,000
Previous Owner Fierer Adam $98,000
Previous Owner Fierer Adam $456,850
Previous Owner Fierer Adam $240,500
Previous Owner Fierer Adam $75,000
Previous Owner Fierer Adam $328,000
Previous Owner Fierer Adam $324,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2017 08/01/17 Sold $1,900,000 -9.5% $654 / Sq Ft
06/12/2017 06/12/17 Pending -- -- --
06/01/2017 06/01/17 Price Changed $2,100,000 -4.5% $723 / Sq Ft
05/22/2017 05/22/17 Price Changed $2,200,000 -4.3% $757 / Sq Ft
04/27/2017 04/27/17 For Sale $2,300,000 -- $791 / 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 $18,943 $3,083,403 $1,365,393 $1,718,010
2024 $18,943 $1,729,121 $1,338,621 $390,500
2023 $22,486 $2,077,924 $1,312,374 $765,550
2022 $21,895 $2,037,182 $1,286,642 $750,540
2021 $21,586 $1,997,238 $1,261,414 $735,824
2020 $21,285 $1,976,760 $1,248,480 $728,280
2019 $20,849 $1,938,000 $1,224,000 $714,000
2018 $20,440 $1,900,000 $1,200,000 $700,000
2017 $191 $1,038,486 $818,087 $220,399
2016 $10,543 $969,105 $802,047 $167,058
2015 $5,372 $484,257 $141,647 $342,610
2014 $5,244 $474,772 $138,873 $335,899
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 170021339

San Diego MLS

APN: 254-180-79