NOT LISTED FOR SALE

1401 Rainbow Ridge Ln Encinitas, CA 92024

Estimated Value: $3,777,000 - $4,585,000

4 Beds
4.5 Baths
5,000 Sq Ft
$864/Sq Ft Est. Value

Last Sold March 11, 2015

Last sale price $1,875,000 $375 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $24,587/month

17 Days on Market

Highlights

  • Laundry Room
  • Forced Air Zoned Heating and Cooling System
  • 1-Story Property
  • Capri Elementary School Rated A
  • Partially Fenced Property

About This Home

As of March 2015

Dramatic Ocean View from this gorgeous brand new Single story. All 5000 sq. ft. home is skillfully crafted to fit your needs. State-of-the-art amenities such as Wolf, Bosch and Sub-Zero paired with entertainment sized kitchen, great room and sports media room. French doors leading out to patio area with spectacular views of the ocean! Ready for move in and a rarity to find in the Coastal City of Encinitas, this 4 Bedroom, 4.5 and 2 car garage has full landscaping and fencing around the property. No HOA Neighborhoods: Seascape Equipment: Fire Sprinklers,Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected

Last Agent to Sell the Property

Lori Andrea-McCullough

Luxury Coast Grp Barry Estates License #01269957 Listed on: 12/26/2014

Luxury Coast Grp Barry Estates

Last Buyer's Agent

Tony Nguyen

Alpha Realty License #00893901

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,708

Year Built

  • Built in 2014

Lot Details

  • Partially Fenced Property

Parking

  • 2 Car Garage
  • Parking Available
  • Uncovered Parking

Home Design

  • Concrete Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 5,000 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Wood

Listing and Financial Details

  • Assessor Parcel Number 2541812200

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,708

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Encinitas
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2541812200
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5000.00
  • Stories: 1
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 375.00

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Concrete
  • Construction Materials: Stone, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Heating Type: Natural Gas, Wood, Zoned, Forced Air
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Individual Room
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2015
Sold by
Phan Tri Duc and Phan Kristin Chau Nguyen
Bought by
Phan Family Trust and Phan Kristin C Nguyen
Current Estimated Value
$4,250,096

Purchase Details

Listed on
Dec 26, 2014
Closed on
Jan 20, 2015
Sold by
Mccullough Design & Development Inc
Bought by
Phan Tri Duc and Phan Kristin Chau
Seller's Agent
Lori Andrea-McCullough
Luxury Coast Grp Barry Estates
Buyer's Agent
Tony Nguyen
Alpha Realty
List Price
$1,875,000
Sold Price
$1,875,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%
Original Mortgage
$950,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2013
Sold by
Rainbow Ridge Estates Llc
Bought by
Mccullough Design & Development Inc
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
Phan Family Trust -- None Available
Phan Tri Duc $1,875,000 Chicago Title Company
Mccullough Design & Development Inc $1,300,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phan Tri Duc $950,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2015 03/11/15 Sold $1,875,000 0.0% $375 / Sq Ft
01/12/2015 01/12/15 Pending -- -- --
12/26/2014 12/26/14 For Sale $1,875,000 -- $375 / 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 $25,708 $2,428,443 $1,201,846 $1,226,597
2024 $25,708 $2,380,828 $1,178,281 $1,202,547
2023 $25,074 $2,334,146 $1,155,178 $1,178,968
2022 $24,544 $2,288,379 $1,132,528 $1,155,851
2021 $24,202 $2,243,510 $1,110,322 $1,133,188
2020 $23,868 $2,220,507 $1,098,938 $1,121,569
2019 $23,316 $2,171,106 $1,077,391 $1,093,715
2018 $21,820 $2,030,497 $1,056,266 $974,231
2017 $20,911 $1,941,664 $1,035,555 $906,109
2016 $20,243 $1,903,593 $1,015,250 $888,343
2015 $15,262 $1,421,987 $677,987 $744,000
2014 -- $650,000 $650,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 140066297

California Regional Multiple Listing Service (CRMLS)

APN: 254-181-22