$980,000
SOLD JUN 6, 2014

1461 N Vulcan Ave Encinitas, CA 92024

5 Beds
3 Baths
1,600 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$612 Per Sq Ft

17 Days on Market

Highlights

  • 1-Story Property
  • Paul Ecke-Central Elementary Rated A
  • 2-minute walk to Leucadia Oaks Park

About This Home

As of November 2020

Quick and easy rental income! Walk to the Beach, surf, restaurants, shopping, plus easy access to freeway. Units have been tastfully remodeled and are very easy to rent. Long term tenants in larger three bedroom who want to stay. Rents could be higher.Front unit sets on open patio w/ 2 beds and one bath. Back 3 bed 2 bath unit has huge front patio and nice back yard. Neighborhoods: north leucadia Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 1461 Unit # for Unit 2: 1463 Unit 1 Parking Spaces: 2 Unit 2 Parking Spaces: 2 Number of Furnished Units: 0

Last Agent to Sell the Property

Kyle Belding

Del Mar Realty Assoc.,Inc License #01202788 Listed on: 04/01/2014

Last Buyer's Agent

Jennifer Hill

HomeSmart Realty West License #01880717

HomeSmart Realty West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,881

Year Built

  • Built in 1961

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • 1-Story Property
  • 6,970 Sq Ft Lot
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1461-1463Vulcan92024
  • Assessor Parcel Number 2540531400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,881

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Subdivision Name Other: Leucadia
  • Property Type: Residential Income
  • Parcel Number: 2540531400
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Roof: Composition

Utilities

  • Appliances: Gas Water Heater

Lot Info

  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 54300.00
  • Lot Size Area: 6970.0000 Square Feet
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

Tax Info

  • Tax Lot: 1461-1463Vulcan92024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Oct 14, 2020
Sold by
Vella John A and Vella Trust
Bought by
Whitlock Brian Paul and Whitlock Tanya
Seller's Agent
Shawna Scott
Shawna Scott, Broker
Buyer's Agent
Aaron Brown
Greenlight Properties
List Price
$1,475,000
Sold Price
$1,400,000
Premium/Discount to List
-$75,000
-5.08%
Current Estimated Value
$2,259,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$859,149
Avg. Annual Appreciation
10.74%
Original Mortgage
$291,500
Outstanding Balance
$260,755
Interest Rate
2.84%
Mortgage Type
New Conventional
Estimated Equity
$1,998,394

Purchase Details

Listed on
May 26, 2016
Closed on
Jun 10, 2016
Sold by
Vulcan Ave Llc
Bought by
Vella John A
Seller's Agent
Jennifer Hill
HomeSmart Realty West
Buyer's Agent
Shawna Scott
Shawna Scott, Broker
List Price
$1,270,000
Sold Price
$1,270,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.28%
Original Mortgage
$1,000,000
Interest Rate
2.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 18, 2014
Sold by
Garlapati Anitha and Kota Govardhan
Bought by
Vulcan Ave Llc

Purchase Details

Listed on
Apr 1, 2014
Closed on
Jun 4, 2014
Sold by
Boya Sushma
Bought by
Kota Govardhan
Seller's Agent
Kyle Belding
Del Mar Realty Assoc.,Inc
Buyer's Agent
Jennifer Hill
HomeSmart Realty West
List Price
$980,000
Sold Price
$980,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%
Original Mortgage
$637,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 1, 2014
Closed on
Apr 30, 2014
Sold by
Bellisario Nolan
Bought by
Garlapati Anitha and Kota Govardhan
Seller's Agent
Kyle Belding
Del Mar Realty Assoc.,Inc
Buyer's Agent
Jennifer Hill
HomeSmart Realty West
List Price
$980,000
Sold Price
$980,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2013
Sold by
Nolan Belisario Dmd Apc Profit Sharing 4
Bought by
Belisario Nolan

Purchase Details

Closed on
May 18, 2005
Sold by
Law Cheeseman Julie
Bought by
Cheeseman James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 16, 1999
Sold by
Johnson Gloria
Bought by
Johnson Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,800
Interest Rate
7.82%

Purchase Details

Closed on
Sep 28, 1999
Sold by
Smns Morra Michael and Charles Mcroberts
Bought by
Johnson Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,800
Interest Rate
7.82%

Purchase Details

Closed on
Sep 27, 1999
Sold by
Mcroberts Maria
Bought by
Mcroberts Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,800
Interest Rate
7.82%

Purchase Details

Closed on
Apr 23, 1997
Sold by
Morra Andrea D
Bought by
Morra Michael

Purchase Details

Closed on
Jan 8, 1997
Sold by
Morra Michael and Mcroberts Charles
Bought by
Morra Michael and Mcroberts Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.96%
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 Type Sale Price Title Company
Grant Deed $1,400,000 Chicago Title Company
Grant Deed $1,270,000 Ticor Title San Diego
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Grant Deed $980,000 First American Title Company
Grant Deed -- Lawyers Title Company
Quit Claim Deed -- Accommodation
Grant Deed $804,000 New Century Title Company
Interfamily Deed Transfer -- New Century Title Company
Interfamily Deed Transfer -- First American Title
Grant Deed $293,500 First American Title
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- Commonwealth Title Co
Interfamily Deed Transfer -- Commonwealth Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $291,500 New Conventional
Closed $291,500 Credit Line Revolving
Open $898,050 New Conventional
Previous Owner $1,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $637,000 New Conventional
Previous Owner $603,000 Unknown
Previous Owner $365,000 Unknown
Previous Owner $296,000 Unknown
Previous Owner $278,800 No Value Available
Previous Owner $168,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2020 11/12/20 Sold $1,400,000 -5.1% $693 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $1,475,000 +5.4% $730 / Sq Ft
08/07/2020 08/07/20 Off Market $1,400,000 -- --
07/23/2020 07/23/20 For Sale $1,475,000 +16.1% $730 / Sq Ft
07/19/2016 07/19/16 Sold $1,270,000 0.0% $794 / Sq Ft
06/05/2016 06/05/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $1,270,000 +29.6% $794 / Sq Ft
06/06/2014 06/06/14 Sold $980,000 0.0% $613 / Sq Ft
04/18/2014 04/18/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $980,000 -- $613 / 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 $16,881 $1,515,402 $1,385,512 $129,890
2024 $16,881 $1,485,690 $1,358,346 $127,344
2023 $16,401 $1,456,560 $1,331,712 $124,848
2022 $16,009 $1,428,000 $1,305,600 $122,400
2021 $15,742 $1,400,000 $1,280,000 $120,000
2020 $15,090 $1,347,734 $1,061,208 $286,526
2019 $14,791 $1,321,308 $1,040,400 $280,908
2018 $14,511 $1,295,400 $1,020,000 $275,400
2017 $191 $1,270,000 $1,000,000 $270,000
2016 $11,413 $1,014,822 $869,848 $144,974
2015 $11,200 $999,580 $856,783 $142,797
2014 $9,053 $800,000 $695,000 $105,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 140017093

California Regional Multiple Listing Service (CRMLS)

APN: 254-053-14