NOT LISTED FOR SALE

Estimated Value: $2,416,000 - $2,658,000

1 Acre
$2,537,000 Price per Acre
43,560 Sq Ft Lot

Last Sold October 18, 2021

Last sale price $1,750,000

Est. 45% increase in value since last sale

Current estimated payment $14,924/month

2 Days on Market

Highlights

  • Ocean View
  • 1 Acre Lot
  • 3-minute walk to Cardiff Sports Park
  • Ada W. Harris Elementary Rated A
  • No HOA

About This Lot

As of October 2021

A well designed 7,115sf 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. Modern design provides a lot of open space and plenty light to the interior. The hoe owner will appreciate the super sized glass doors with beautiful ocean views and sunset from the bedroom rooms or oversized balconies. 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 front lot of this, 1435 Lake Dr. (OC21185777) 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 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 2602222900

Community Details

Overview

  • No Home Owners Association
  • Encinitas Subdivision

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Subdivision Name Other: Encinitas
  • View: Yes
  • Zoning: RR1
  • Property Type: Land
  • Parcel Number: 2602222900
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 40.17

Exterior Features

  • View: Ocean, Peek-A-Boo

Utilities

  • 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: 43560.00
  • Lot Size Acres: 1.0000

Multi Family

  • Lot Size Area: 1.0000 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
$1,800,000
Sold Price
$1,750,000
Premium/Discount to List
-$50,000
-2.78%
Current Estimated Value
$2,537,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$787,000
Avg. Annual Appreciation
9.18%

Purchase Details

Closed on
May 14, 2008
Sold by
Deering Peter
Bought by
Cavanaugh William 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
Laporte Timothy M $3,580,000 Fidelity Natl Ttl Orange Cnt
Cavanaugh William J -- Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2021 10/18/21 Sold $1,750,000 -2.8% --
08/22/2021 08/22/21 For Sale $1,800,000 -- --
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 $19,899 $1,857,114 $1,857,114 --
2024 $19,899 $1,820,700 $1,820,700 --
2023 $19,473 $1,785,000 $1,785,000 $0
2022 $19,178 $1,750,000 $1,750,000 $0
2021 $16,250 $979,038 $979,038 $0
2020 $10,697 $969,000 $969,000 $0
2019 $16,594 $1,504,293 $1,504,293 $0
2018 $16,226 $1,474,798 $1,474,798 $0
2017 $15,813 $1,445,881 $1,445,881 $0
2016 $15,026 $1,417,531 $1,417,531 $0
2015 $14,819 $1,396,239 $1,396,239 $0
2014 $14,543 $1,368,889 $1,368,889 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21185805

California Regional Multiple Listing Service (CRMLS)

APN: 260-222-29