NOT LISTED FOR SALE

1453 Rainbow Ridge Ln Encinitas, CA 92024

Estimated Value: $2,762,000 - $3,060,000

3 Beds
2.5 Baths
2,569 Sq Ft
$1,145/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $1,557,000 $606 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $16,692/month

47 Days on Market

Highlights

  • Ocean View
  • Laundry Room
  • Forced Air Heating System
  • Capri Elementary School Rated A
  • Tankless Water Heater
  • 1-Story Property

About This Home

As of April 2017

Experience the Leucadia lifestyle in this unique single story ocean view home. Situated on a half-acre lot with all the amenities from outdoor living to your own private putting green. Renovated with top quality finishes from Thermador appliances to Carrera marble counter tops. Provide your children the best learning opportunities, like Capri Elementary Dual Language Immersion Program. Close to The Forum shopping center & Beacon Beach surfing. Seller will consider offers between $1,575,000. - $1,650,000 Neighborhoods: Leucadia Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: GSL

Last Agent to Sell the Property

Mike Mullins

Coldwell Banker West License #01445632 Listed on: 02/03/2017

Coldwell Banker West

Co-Listed By

Mitchell Pomeroy

Realty Source Incorporated License #01485529

Last Buyer's Agent

Raini Gordy

Willis Allen Real Estate License #01390687

Willis Allen Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,865

Year Built

  • Built in 1978

Lot Details

  • 0.53

Parking

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

Home Design

  • Composition Roof

Interior Spaces

  • 2,569 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2541811500

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,865

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Leucadia
  • View: Yes
  • Zoning: SFR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2541811500
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2569.00
  • Stories: 1
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 606.07

Exterior Features

  • View: Ocean
  • Pool Private: No
  • Roof: Composition

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: Tankless Water Heater, Dishwasher, Disposal, Microwave, Refrigerator
  • Heating Type: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2024
Sold by
Miller Peter Louis and Miller Lani Joann
Bought by
Miller Peter Louis
Current Estimated Value
$2,746,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$596,351
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$2,168,026

Purchase Details

Listed on
Feb 3, 2017
Closed on
Mar 27, 2017
Sold by
Mp Investments Llc
Bought by
Miller Peter Louis and Miller Lani Joann
Seller's Agent
Mike Mullins
Coldwell Banker West
Buyer's Agent
Raini Gordy
Willis Allen Real Estate
List Price
$1,557,000
Sold Price
$1,557,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.18%
Original Mortgage
$1,000,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 9, 2016
Closed on
Mar 29, 2016
Sold by
Watson Elizabeth Marie
Bought by
Para Alexander J C
Seller's Agent
Janet King
Janet King, Broker
Buyer's Agent
Michael Bell
Bell & Assoc Realty Group, Inc
List Price
$1,125,000
Sold Price
$1,125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.27%
Original Mortgage
$174,407
Interest Rate
3.68%
Mortgage Type
Unknown

Purchase Details

Listed on
Mar 9, 2016
Closed on
Mar 17, 2016
Sold by
Para Alexander J C
Bought by
Mp Investments Llc
Seller's Agent
Janet King
Janet King, Broker
Buyer's Agent
Michael Bell
Bell & Assoc Realty Group, Inc
List Price
$1,125,000
Sold Price
$1,125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,407
Interest Rate
3.68%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 27, 2005
Sold by
Para Alexander J C
Bought by
Para Alexander J C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$907,500
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2005
Sold by
Para Vanesa S
Bought by
Para Alexander J C

Purchase Details

Closed on
Jun 23, 2004
Sold by
Para Alex Jc
Bought by
Para Vanessa S

Purchase Details

Closed on
Jan 6, 2004
Sold by
Drastrup Alfred Bing and Drastrup Deborah Francis
Bought by
Para Alexander J C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$749,600
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2003
Sold by
Drastrup Alfred Bing and Drastrup Deborah Francis
Bought by
Drastrup Alfred Bing and Drastrup Deborah Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 1998
Sold by
Drastrup Alfred Bing
Bought by
Drastrup Alfred Bing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
4.25%

Purchase Details

Closed on
Oct 13, 1997
Sold by
Drastrup Alfred Bing and Drastrup Deborah Ann
Bought by
Drastrup Alfred Bing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.04%

Purchase Details

Closed on
May 2, 1985
Source: Public Records

Range of Values:

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Average Value
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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
Miller Peter Louis -- Fidelity National Title
Miller Peter Louis $1,557,000 Chicago Title Company
Para Alexander J C -- Fidelity National Title
Mp Investments Llc $1,125,000 Fidelity National Title
Para Alexander J C -- Ticor Title Co Of California
Para Alexander J C -- --
Para Vanessa S -- --
Para Alexander J C $937,000 Commonwealth Land Title Co
Drastrup Alfred Bing -- First American Title Co
Drastrup Alfred Bing -- First American Title Co
Drastrup Alfred Bing -- First American Title
Drastrup Alfred Bing -- Benefit Land Title Company
Drastrup Alfred Bing -- Benefit Land Title Company
-- $223,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Peter Louis $600,000
Previous Owner Miller Peter Louis $647,200
Previous Owner Miller Peter Louis $1,000,000
Previous Owner Mp Investments Llc $174,407
Previous Owner Mp Investments Llc $1,012,000
Previous Owner Para Alexander Jc $999,500
Previous Owner Para Alexander J C $907,500
Previous Owner Para Alexander J C $749,600
Previous Owner Drastrup Alfred Bing $650,000
Previous Owner Drastrup Alfred Bing $93,000
Previous Owner Drastrup Alfred Bing $510,000
Previous Owner Drastrup Alfred Bing $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $1,557,000 0.0% $606 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $1,557,000 +38.4% $606 / Sq Ft
04/11/2016 04/11/16 Sold $1,125,000 0.0% $449 / Sq Ft
03/10/2016 03/10/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $1,125,000 0.0% $449 / Sq Ft
08/14/2014 08/14/14 Rented $3,900 0.0% --
08/14/2014 08/14/14 For Rent $3,900 -- --
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 $19,865 $1,865,033 $1,276,642 $588,391
2024 $19,865 $1,828,464 $1,251,610 $576,854
2023 $19,363 $1,792,613 $1,227,069 $565,544
2022 $18,946 $1,757,464 $1,203,009 $554,455
2021 $18,674 $1,723,005 $1,179,421 $543,584
2020 $18,409 $1,705,339 $1,167,328 $538,011
2019 $18,033 $1,671,902 $1,144,440 $527,462
2018 $17,140 $1,588,140 $1,122,000 $466,140
2017 $12,570 $1,147,500 $867,000 $280,500
2016 $12,220 $1,136,514 $827,850 $308,664
2015 $12,021 $1,119,443 $815,415 $304,028
2014 -- $1,097,516 $799,443 $298,073
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 170005918

California Regional Multiple Listing Service (CRMLS)

APN: 254-181-15