NOT LISTED FOR SALE

Estimated Value: $2,598,000 - $4,598,000

1.4 Acres
$2,350,000 Price per Acre
60,984 Sq Ft Lot

Last Sold October 18, 2021

Last sale price $1,830,000 $1,576 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $15,670/month

2 Days on Market

Highlights

  • Ocean View
  • 1.4 Acre Lot
  • No HOA
  • Ada W. Harris Elementary Rated A

About This Lot

As of October 2021

A well designed 9592sf livable space luxury custom home site is shovel ready for the buyer to build one’s dream home in the costal city of Encinitas. The home is designed at the higher elevation to have clear ocean view. Elegant design combines the Tuscan style with modern elements to create a timeless exterior and fully functional interior. Architectural and engineering design is waiting for city final approval which means you can either start construction ASAP or modify the design to suit your need. Lake Drive is well known as the ideal place for luxury new homes. No HOA and no Mello-Roos.

The back lot of this lot, 1439 Lake Dr. (OC21185805) is also for sale. It can be purchased together or separately.

Last Agent to Sell the Property

Sandy You

Together Realty License #01954545 Listed on: 08/22/2021

Last Buyer's Agent

Kyle Murphy

Coldwell Banker Realty License #01847767

Property Details

Property Type

  • Land

Lot Details

  • 1.4 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned RR1

Property Views

  • Ocean
  • Peek-A-Boo

Listing and Financial Details

  • Assessor Parcel Number 2602222800

Community Details

Overview

  • No Home Owners Association
  • Encinitas Subdivision

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

1.4 Acres

Listing Details

  • Subdivision Name Other: Encinitas
  • View: Yes
  • Zoning: RR1
  • Property Type: Land
  • Parcel Number: 2602222800
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 30.01

Exterior Features

  • View: Ocean, Peek-A-Boo

Utilities

  • Electric: Electricity - On Property
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 60984.00
  • Lot Size Acres: 1.4000

Multi Family

  • Lot Size Area: 1.4000 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2021
Closed on
Sep 14, 2021
Sold by
Liu Wenqiang and Li Sushan
Bought by
Laporte Timothy M and Laporte Olga Samoilova
Seller's Agent
Sandy You
Together Realty
Buyer's Agent
Kyle Murphy
Coldwell Banker Realty
List Price
$1,880,000
Sold Price
$1,830,000
Premium/Discount to List
-$50,000
-2.66%
Current Estimated Value
$2,606,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$776,000
Avg. Annual Appreciation
14.19%

Purchase Details

Listed on
Dec 19, 2018
Closed on
Jan 25, 2019
Sold by
A
Bought by
Liu Wengiang and Lin Sushan
Seller's Agent
Darlene Turner
HOMEQUEST REAL ESTATE
Buyer's Agent
Yan Zhao
Sun & Company Inc
List Price
$2,600,000
Sold Price
$2,350,000
Premium/Discount to List
-$250,000
-9.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.85%

Purchase Details

Closed on
May 17, 2018
Sold by
Moores Jennifer A
Bought by
A

Purchase Details

Closed on
Oct 6, 2009
Sold by
Cavanaugh William J and Deering Peter
Bought by
Deering Peter

Purchase Details

Closed on
Sep 29, 2009
Sold by
Cavanaugh William
Bought by
Moores Jennifer A

Purchase Details

Closed on
Sep 28, 2009
Sold by
Deering Peter
Bought by
Moores Jennifer A

Purchase Details

Closed on
Mar 15, 2005
Sold by
Garcia Aurora Yolanda
Bought by
Cavanaugh William J and Deering Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 17, 2003
Sold by
Ramirez Maria
Bought by
Ramirez Maria and Ramirez Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Laporte Timothy M $3,580,000 Fidelity Natl Ttl Orange Cnt
Liu Wengiang $2,350,000 Wfg National Title Company O
A -- None Available
A -- None Available
Deering Peter -- Chicago Title Company
Moores Jennifer A $1,300,000 Chicago Title Company
Moores Jennifer A $700,000 Chicago Title Company
Cavanaugh William J $1,600,000 Diversified Title & Escrow S
Ramirez Maria -- --
Ramirez Maria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cavanaugh William J $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2021 10/18/21 Sold $1,830,000 -2.7% $1,576 / Sq Ft
08/22/2021 08/22/21 For Sale $1,880,000 -20.0% $1,619 / Sq Ft
02/07/2019 02/07/19 Sold $2,350,000 -9.6% $2,028 / Sq Ft View Prior Sale
01/24/2019 01/24/19 Pending -- -- --
12/19/2018 12/19/18 For Sale $2,600,000 -- $2,243 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $20,944 $1,942,010 $1,942,010 --
2024 $21,161 $1,903,932 $1,903,932 --
2023 $20,676 $1,866,600 $1,866,600 $0
2022 $20,365 $1,830,000 $1,830,000 $0
2021 $21,878 $1,442,793 $1,391,265 $51,528
2020 $21,793 $1,428,000 $1,377,000 $51,000
2019 $9,263 $809,991 $659,565 $150,426
2018 $9,077 $794,110 $646,633 $147,477
2017 $190 $778,540 $633,954 $144,586
2016 $8,444 $763,275 $621,524 $141,751
2015 $8,323 $751,811 $612,189 $139,622
2014 $8,456 $737,085 $600,198 $136,887
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21185777

California Regional Multiple Listing Service (CRMLS)

APN: 260-222-28

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