NOT LISTED FOR SALE

Estimated Value: $2,047,683 - $2,359,000

3 Beds
2 Baths
1,830 Sq Ft
$1,215/Sq Ft Est. Value

Last Sold February 08, 2024

Last sale price $2,120,000 $1,158 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $11,970/month

7 Days on Market

Highlights

  • 0.47 Acre Lot
  • Main Floor Bedroom
  • Plantation Shutters
  • Olivenhain Pioneer Elementary Rated A
  • No HOA
  • 2 Car Attached Garage

About This Home

As of February 2024

First time on the market in almost 50 years. This iconic Ranch Style single level home is in the Colony of Olivenhain and ready for your New Year vision. The seller will entertain offers between $1,895,000 to $2,100,000. Private drive boasts many multimillion dollar custom homes and is a small and welcoming community with lush mature landscaping and privacy. A great place to live that’s close to shops and restaurants and in the highly rated San Dieguito & Encinitas School Districts. The location and expansive yard offer nearly a half-acre to escape the hustle and bustle of daily life but just a short drive from the I-5 freeway. Sip your favorite beverage on the patio while you watch dozens of hot air balloons in view when they launch. Explore the possibility of a pool or ADU. Horses are allowed per City of Encinitas Rural Residential zoning RR-2. Also, there’s ample room for RV, extra vehicles, or desert toys. New air conditioning plus solar, newer vinyl windows, plantation shutters and engineered hardwood floors in living areas. Soft water and an Alkaline water system under kitchen sink. This home is ready for your ideas. Come see it to feel the potential. No HOA.

Last Agent to Sell the Property

Trudy Kranz Whitney

Coldwell Banker West License #02056724 Listed on: 01/08/2024

Coldwell Banker West

Co-Listed By

Terri Fox

Coldwell Banker West License #01110385

Last Buyer's Agent

Andre Leffall

Berkshire Hathaway Drysdale License #01971156

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,633

Year Built

  • Built in 1976

Lot Details

  • 0.47 Acre Lot
  • Property fronts a private road
  • Back Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned RR-2

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces

Home Design

  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 1,830 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Plantation Shutters
  • Living Room with Fireplace

Kitchen

  • Electric Cooktop
  • Microwave
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Electric Dryer Hookup

Location

  • Suburban Location

Utilities

  • Central Air
  • Heating System Uses Propane
  • Propane
  • Water Softener
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Tract Number 19102
  • Assessor Parcel Number 2592310300

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,633

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • View: No
  • Zoning: RR-2
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2592310300
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1830.00
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1158.47
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Primary Bedroom
  • Window Features: Plantation Shutters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Fence: No
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Propane
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooktop, Microwave, Water Softener
  • Heating Type: Propane
  • Laundry Features: Electric Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard
  • Lot Size Sq Ft: 20288.00
  • Lot Size Acres: 0.4657

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20288.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: 19102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
Jan 22, 2024
Sold by
Ralph Henry Borrelli Trust
Bought by
Thomas David Michael and Singer Susan
Seller's Agent
Trudy Kranz Whitney
Coldwell Banker West
Buyer's Agent
Andre Leffall
Berkshire Hathaway Drysdale
List Price
$2,100,000
Sold Price
$2,120,000
Premium/Discount to List
$20,000
0.95%
Views
271
Current Estimated Value
$2,223,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,421
Avg. Annual Appreciation
2.91%
Original Mortgage
$1,696,000
Outstanding Balance
$1,664,362
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$559,059

Purchase Details

Listed on
Jan 8, 2024
Closed on
Jan 16, 2024
Sold by
Borelli Ralph Henry
Bought by
Ralph Henry Borelli Trust and Borelli
Seller's Agent
Trudy Kranz Whitney
Coldwell Banker West
Buyer's Agent
Andre Leffall
Berkshire Hathaway Drysdale
List Price
$2,100,000
Sold Price
$2,120,000
Premium/Discount to List
$20,000
0.95%
Views
271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,696,000
Outstanding Balance
$1,664,362
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$559,059

Purchase Details

Closed on
Jul 7, 2013
Sold by
Borrelli Ralph H
Bought by
Borrelli Ralph H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,634
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2007
Sold by
Borrelli Ralph H
Bought by
Borrelli Ralph H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2001
Sold by
Borrelli Ralph H
Bought by
Borrelli Ralph H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.99%

Purchase Details

Closed on
Aug 21, 2001
Sold by
Borrelli Ralph H
Bought by
Borrelli Ralph H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.99%

Purchase Details

Closed on
Dec 1, 1998
Sold by
Borrelli Ralph H
Bought by
Borrelli Ralph H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.86%

Purchase Details

Closed on
Feb 19, 1998
Sold by
Borrelli Ralph H
Bought by
Borrelli Ralph H

Purchase Details

Closed on
Sep 23, 1993
Sold by
Borrelli Ralph H
Bought by
Borrelli Ralph H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,300
Interest Rate
7.5%
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
Thomas David Michael $2,120,000 Chicago Title
Ralph Henry Borelli Trust -- Chicago Title
Borrelli Ralph H -- None Available
Borrelli Ralph H -- Accommodation
Borrelli Ralph H -- Fidelity National Title Co
Borrelli Ralph H -- Chicago Title Co
Borrelli Ralph H -- South Coast Title Company
Borrelli Ralph H -- Commonwealth Land Title
Borrelli Ralph H -- Commonwealth Land Title Co
Borrelli Ralph H -- --
Borrelli Ralph H -- Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas David Michael $1,696,000
Previous Owner Borrelli Ralph H $389,634
Previous Owner Borrelli Ralph H $417,000
Previous Owner Borrelli Ralph H $70,000
Previous Owner Borrelli Ralph H $412,500
Previous Owner Borrelli Ralph H $210,000
Previous Owner Borrelli Ralph H $210,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2024 02/08/24 Sold $2,120,000 +1.0% $1,158 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
01/08/2024 01/08/24 For Sale $2,100,000 -- $1,148 / 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 $1,633 $2,162,400 $2,040,000 $122,400
2024 $1,633 $150,569 $47,765 $102,804
2023 $1,594 $147,618 $46,829 $100,789
2022 $1,560 $144,724 $45,911 $98,813
2021 $1,538 $141,887 $45,011 $96,876
2020 $1,520 $140,433 $44,550 $95,883
2019 $1,487 $137,680 $43,677 $94,003
2018 $1,470 $134,981 $42,821 $92,160
2017 $191 $132,335 $41,982 $90,353
2016 $1,396 $129,741 $41,159 $88,582
2015 $1,376 $127,793 $40,541 $87,252
2014 $1,347 $125,290 $39,747 $85,543
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2400141

California Regional Multiple Listing Service (CRMLS)

APN: 259-231-03