NOT LISTED FOR SALE

1405 Rainbow Ridge Ln Encinitas, CA 92024

Estimated Value: $2,930,000 - $4,545,000

1.48 Acres
$2,642,249 Price per Acre
64,469 Sq Ft Lot

Last Sold March 09, 2015

Last sale price $848,750

Est. 362% increase in value since last sale

Current estimated payment $23,474/month

31 Days on Market

Highlights

  • 1.48 Acre Lot
  • Capri Elementary School Rated A
  • Partially Fenced Property

About This Lot

As of March 2015

Exceptional Ocean View. Lot is in the very sought after coastal city of Encinitas. Beautiful brand new development located high atop Rainbow Ridge lane. This lot is graded and ready to go for your clients vision of their "Dream Home". Plans for a 4,245 Sq. Ft home approved and ready to go. Neighborhoods: Seascape Other Fees: 0 Sewer: Sewer Available

Last Agent to Sell the Property

Lori Andrea-McCullough

Luxury Coast Grp Barry Estates License #01269957 Listed on: 01/06/2015

Luxury Coast Grp Barry Estates

Last Buyer's Agent

Out of Area Agent

Out of Area Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,851

Lot Details

  • 1.48 Acre Lot
  • Partially Fenced Property
  • The property's topography is level,slope gentle

Listing and Financial Details

  • Assessor Parcel Number 2541812300

Property Details

Property Type

Land

Est. Annual Taxes

$21,851

Lot Details

0

Listing Details

  • Subdivision Name Other: Encinitas
  • Property Type: Land
  • Parcel Number: 2541812300
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 13.17

Exterior Features

  • Fence: Yes
  • Fencing: Partial

Lot Info

  • Topography: Level,Slope Gentle
  • Lot Size Sq Ft: 64468.80
  • Lot Size Acres: 1.4800

Multi Family

  • Lot Size Area: 1.4800 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2015
Closed on
Feb 13, 2015
Sold by
Mccullogh Desigh & Development Inc
Bought by
Libby Darin and Libby Merrilee
Seller's Agent
Lori Andrea-McCullough
Luxury Coast Grp Barry Estates
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$848,750
Sold Price
$848,750
Current Estimated Value
$3,920,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,071,886
Avg. Annual Appreciation
15.56%

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:

Collateral Analytics

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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
Libby Darin $849,000 Chicago Title Company
Mccullough Design & Development Inc $1,637,500 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Libby Darin $1,015,000
Closed Libby Darin $1,015,000
Previous Owner Rainbow Ridge Estates Llc $1,768,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2015 03/09/15 Sold $848,750 0.0% --
02/06/2015 02/06/15 Pending -- -- --
01/06/2015 01/06/15 For Sale $848,750 -- --
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 $21,851 $2,055,470 $1,081,208 $974,262
2024 $21,851 $2,015,167 $1,060,008 $955,159
2023 $21,305 $1,975,655 $1,039,224 $936,431
2022 $20,849 $1,936,918 $1,018,848 $918,070
2021 $20,554 $1,898,940 $998,871 $900,069
2020 $20,266 $1,879,469 $988,629 $890,840
2019 $19,851 $1,842,618 $969,245 $873,373
2018 $19,462 $1,806,490 $950,241 $856,249
2017 $191 $1,771,069 $931,609 $839,460
2016 $18,227 $1,708,343 $913,343 $795,000
2015 $8,072 $737,715 $737,715 $0
2014 $7,892 $723,265 $723,265 $0
Source: Public Records

Agents Affiliated with this Home

  • Lori Andrea-McCullough

    Seller's Agent in 2015

    Lori Andrea-McCullough

    Luxury Coast Grp Barry Estates

    (858) 431-9622

    21 Total Sales

    Section Image

  • O

    Buyer's Agent in 2015

    Out of Area Agent

    Out of Area Office

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 150000902

California Regional Multiple Listing Service (CRMLS)

APN: 254-181-23

California San Diego County Encinitas 92024

1405 Rainbow Ridge Ln, Encinitas, CA

This home is located at 1405 Rainbow Ridge Ln, Encinitas, CA 92024 since 06 January 2015 and is currently estimated at $3,910,529. 1405 Rainbow Ridge Ln is a home located in San Diego County with nearby schools including Capri Elementary School, Diegueno Middle School, and La Costa Canyon High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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