NOT LISTED FOR SALE

1431 Hermes Ave Encinitas, CA 92024

Leucadia Neighborhood

Estimated Value: $2,015,000 - $2,482,000

4 Beds
4 Baths
1,760 Sq Ft
$1,321/Sq Ft Est. Value

Last Sold April 13, 2018

Last sale price $1,025,000 $582 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $13,586/month

24 Days on Market

Highlights

  • Heating Available
  • Paul Ecke-Central Elementary Rated A
  • 1-Story Property

About This Home

As of April 2018

Amazing opportunity to own this income producing Duplex in Encinitas, West of Hwy 5!!!! Wont last long!! Both units have 2 bedrooms, 1.5 bathrooms, living room, kitchen, 1 car garage, and patio. Neighborhoods: North Leucadia Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 1433 Unit # for Unit 2: 1431 Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Chris Heller

eXp Realty of Southern CA License #00851991 Listed on: 02/06/2018

eXp Realty of Southern CA

Co-Listed By

Steve DonVito

DonVito Realty License #01787070

Last Buyer's Agent

Nicholas Azoff

Starker West, Inc. License #02035396

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 6,303

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • 1-Story Property
  • 6,303 Sq Ft Lot
  • Heating Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2541112500

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Subdivision Name Other: Encinitas
  • Property Type: Residential Income
  • Parcel Number: 2541112500
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Levels: One

Utilities

  • Heating: Yes

Lot Info

  • Lot Size Sq Ft: 6303.00

Multi Family

  • Gross Scheduled Income: 24000.00
  • Lot Size Area: 6303.0000 Square Feet
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2020
Sold by
Sethi Maninder and The Sethi Family Trust
Bought by
1433 Hermes Llc
Current Estimated Value
$2,325,546

Purchase Details

Closed on
Feb 28, 2019
Sold by
Sethi Harvinder and Sethi Maninder
Bought by
1433 Hermes Llc

Purchase Details

Listed on
Feb 6, 2018
Closed on
Apr 16, 2018
Sold by
Sethi Harvinder and Sethi Maninder
Bought by
Sethi Maninder Kaur and The Sethi Family Trust
Seller's Agent
Chris Heller
eXp Realty of Southern CA
Buyer's Agent
Nicholas Azoff
Starker West, Inc.
List Price
$1,025,000
Sold Price
$1,025,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.15%
Original Mortgage
$529,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 6, 2018
Closed on
Feb 20, 2018
Sold by
Bautista Aaron and Estate Of Italo J Caparachini
Bought by
Sethi Harvinder and Sethi Maninder
Seller's Agent
Chris Heller
eXp Realty of Southern CA
Buyer's Agent
Nicholas Azoff
Starker West, Inc.
List Price
$1,025,000
Sold Price
$1,025,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 1988
Bought by
Caparachini Italo J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
1433 Hermes Llc -- None Available
1433 Hermes Llc -- None Available
Sethi Maninder Kaur -- None Available
Sethi Harvinder $1,025,000 First American Title
Caparachini Italo J $175,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sethi Harvinder $529,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2018 04/13/18 Sold $1,025,000 0.0% $582 / Sq Ft
03/02/2018 03/02/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $1,025,000 -- $582 / 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 $17,106 $1,537,051 $1,320,566 $216,485
2024 $17,106 $1,506,914 $1,294,673 $212,241
2023 $16,620 $1,477,368 $1,269,288 $208,080
2022 $16,224 $1,448,400 $1,244,400 $204,000
2021 $15,954 $1,420,000 $1,220,000 $200,000
2020 $12,973 $1,148,010 $1,014,390 $133,620
2019 $12,349 $1,090,500 $994,500 $96,000
2018 $6,187 $508,658 $432,903 $75,755
2017 $191 $498,685 $424,415 $74,270
2016 $5,913 $488,908 $416,094 $72,814
2015 $5,777 $481,565 $409,844 $71,721
2014 $5,621 $472,133 $401,816 $70,317
Source: Public Records

Agents Affiliated with this Home

  • Chris Heller

    Seller's Agent in 2018

    Chris Heller

    eXp Realty of Southern CA

    (800) 800-2978

    328 Total Sales

    Chris Heller
    Section Image
  • Steve DonVito

    Seller Co-Listing Agent in 2018

    Steve DonVito

    DonVito Realty

    (951) 551-2744

    128 Total Sales

    Steve DonVito
    Section Image

  • N

    Buyer's Agent in 2018

    Nicholas Azoff

    Starker West, Inc.

    (818) 307-4535

    1 Total Sale

    Nicholas Azoff
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 180006511

California Regional Multiple Listing Service (CRMLS)

APN: 254-111-25

California San Diego County Encinitas 92024 Leucadia

1431 Hermes Ave, Encinitas, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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

Nearby Homes