NOT LISTED FOR SALE

1407 Rainbow Ridge Ln Encinitas, CA 92024

Estimated Value: $3,739,000 - $4,611,000

4 Beds
4.5 Baths
4,838 Sq Ft
$879/Sq Ft Est. Value

Last Sold July 22, 2016

Last sale price $2,095,000 $433 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $24,875/month

3 Days on Market

Highlights

  • Contemporary Architecture
  • Retreat
  • Fireplace
  • Capri Elementary School Rated A
  • Great Room
  • Eat-In Kitchen

About This Home

As of July 2016

Stunning sit down ocean view one story home! Brand new and ready for move in 6-20-2016.This amazing 4,838 sq. ft. McCullough Design Dev. home has 4/BD, 4.5/BA. w/ 2 car garage, fully landscaped and fencing. Stone slab counter-tops, high end appliances (Wolf-Sub-Zero & Bocsh). Entertainment size kitchen , hardwood furniture grade cabinetry with 8 FT. solid wood doors and 10 FT. ceilings. Nothing is missing in this gorgeous jewel. Close to beach, schools & shopping. Won't last! Neighborhoods: Seascape Equipment: Fire Sprinklers,Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL

Last Agent to Sell the Property

Lori Andrea-McCullough

Luxury Coast Grp Barry Estates License #01269957 Listed on: 06/17/2016

Luxury Coast Grp Barry Estates

Last Buyer's Agent

Out of Area Agent

Out of Area Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,553

Year Built

  • Built in 2016

Lot Details

  • Partially Fenced Property

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Contemporary Architecture
  • Concrete Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 4,838 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Great Room
  • Family Room

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2541812100

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,553

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Seascape
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2541812100
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Living Area: 4838.00
  • Stories: 1
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area
  • Levels: One
  • Price Per Square Foot: 433.03
  • Room Type: Main Floor Bedroom, Family Room, Great Room, Retreat

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: Driveway
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2016
Closed on
Jun 27, 2016
Sold by
Mccullough Design & Development Inc
Bought by
Lantorno Eric and Iantorno Heather R
Seller's Agent
Lori Andrea-McCullough
Luxury Coast Grp Barry Estates
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$2,095,000
Sold Price
$2,095,000
Current Estimated Value
$4,253,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,158,326
Avg. Annual Appreciation
8.04%
Original Mortgage
$1,000,000
Interest Rate
3.54%
Mortgage Type
Credit Line Revolving

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
Lantorno Eric $2,095,000 Chicago Title Company
Mccullough Design & Development Inc $1,300,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iantorno Eric $1,395,000
Closed Lantorno Eric $1,000,000
Closed Lantorno Eric $1,000,000
Previous Owner Mccullough Design & Development Inc $1,140,000
Previous Owner Mccullough Design & Development $4,225,000
Previous Owner Rainbow Ridge Estates Llc $1,768,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2016 07/22/16 Sold $2,095,000 0.0% $433 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $2,095,000 -- $433 / 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 $26,553 $2,502,816 $1,160,584 $1,342,232
2024 $26,553 $2,453,742 $1,137,828 $1,315,914
2023 $25,901 $2,405,630 $1,115,518 $1,290,112
2022 $25,357 $2,358,462 $1,093,646 $1,264,816
2021 $25,006 $2,312,218 $1,072,202 $1,240,016
2020 $24,662 $2,288,510 $1,061,208 $1,227,302
2019 $24,157 $2,243,638 $1,040,400 $1,203,238
2018 $23,020 $2,136,900 $1,020,000 $1,116,900
2017 $22,610 $2,095,000 $1,000,000 $1,095,000
2016 $9,800 $898,097 $698,097 $200,000
2015 $7,279 $662,987 $662,987 $0
2014 $7,114 $650,000 $650,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Lori Andrea-McCullough

    Seller's Agent in 2016

    Lori Andrea-McCullough

    Luxury Coast Grp Barry Estates

    (858) 431-9622

    20 Total Sales

    Lori Andrea-McCullough
    Section Image

  • O

    Buyer's Agent in 2016

    Out of Area Agent

    Out of Area Office

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 160033225

California Regional Multiple Listing Service (CRMLS)

APN: 254-181-21

California San Diego County Encinitas 92024

1407 Rainbow Ridge Ln, Encinitas, CA

This home is located at 1407 Rainbow Ridge Ln, Encinitas, CA 92024 since 17 June 2016 and is currently estimated at $4,253,326, approximately $879 per square foot. This property was built in 2016. 1407 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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