$3,825,000
SOLD MAR 31, 2021 RENTED OCT 18, 2024
4 Beds
4.5 Baths
2,380 Sq Ft
0.32 Acres

Recently Sold

$1,607 Per Sq Ft

23% Below List Price

137 Days on Market

Highlights

  • Ocean View
  • 2 Car Attached Garage
  • Attached Carport
  • Paul Ecke-Central Elementary Rated A
  • Laundry Room
  • Floor Furnace

About This Home

As of March 2021

BEST BLUFF TOP VALUE ON NEPTUNE. Oceanfront Cape Cod style home with guest apartment on Encinitas' premier street. The property consists of an extremely rare 75 foot wide lot with private stairs to the sand. Ample front yard with patio and large open area. This is one of the few properties on Neptune with an enclosed usable front yard. Expansive bluff top backyard is perfect for entertaining. Close to amenities and restaurants on Coast Highway. PLEASE SEE SUPPLEMENT [Supplement]: The vintage interior consists of a whitewashed wood living/family room, a partially remodeled kitchen, tile floors in the living areas and bathrooms with carpet in the bedrooms. The orientation of the rooms allows for maximum ocean views. There is a half bath in the garage. Home needs updating and therefore offers the opportunity to cosmetically remodel the existing structure.

Last Agent to Sell the Property

Vincent Meardon

Vincent Meardon, Broker License #01762580

Last Buyer's Agent

Ezequiel Aguilar

DVilla Realty License #01759381

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,610

Year Built

  • Built in 1946

Lot Details

  • 0.32 Acre Lot
  • Partially Fenced Property
  • Block Wall Fence
  • Chain Link Fence
  • Property is zoned R-2:MINOR

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Attached Carport
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Panoramic
  • Bluff

Home Design

  • Wood Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,380 Sq Ft Home
  • 2-Story Property

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Washer

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2540402000

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,610

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: LEUCADIA
  • Zoning: R-2:MINOR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2540402000
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Living Area: 2380.00 Square Feet
  • Stories: 2
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Levels: Two
  • Price Per Square Foot: 1678.57

Exterior Features

  • View: Ocean, Panoramic
  • Fencing: Block, Chain Link, Partial
  • Roof: Composition, Wood
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking Features: Attached Carport, Driveway, Garage Door Opener
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: No
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Heating Type: Floor Furnace, Natural Gas
  • Laundry Features: Electric Dryer Hookup, Individual Room, Washer Included, Gas Dryer Hookup

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Features: Bluff
  • Lot Size Sq Ft: 13907.00
  • Lot Size Acres: 0.3200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2018
Closed on
Mar 25, 2021
Sold by
Meabdon Paul and Paul H Meardon Trust
Bought by
1472 Neptune Llc
Seller's Agent
Vincent Meardon
Vincent Meardon, Broker
Buyer's Agent
Ezequiel Aguilar
DVilla Realty
List Price
$4,950,000
Sold Price
$3,825,000
Premium/Discount to List
-$1,125,000
-22.73%
Total Days on Market
137
Current Estimated Value
$4,940,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,115,713
Avg. Annual Appreciation
3.48%
Original Mortgage
$2,900,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 17, 2016
Closed on
Apr 21, 2017
Sold by
Smith Barry
Bought by
Spencer Smith Elizabeth
Seller's Agent
Gary Martin
Gary Martin, Broker
Buyer's Agent
Gary Martin
Gary Martin, Broker
List Price
$4,050,000
Sold Price
$4,050,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.48%
Original Mortgage
$2,835,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 17, 2016
Closed on
Apr 19, 2017
Sold by
1472 Neptune Avenue Llc
Bought by
Meardon Paul
Seller's Agent
Gary Martin
Gary Martin, Broker
Buyer's Agent
Gary Martin
Gary Martin, Broker
List Price
$4,050,000
Sold Price
$4,050,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,835,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 25, 2011
Sold by
Spencer James G and Brand Carolyn J
Bought by
1472 Neptune Avenue Llc

Purchase Details

Closed on
Feb 14, 2011
Sold by
Spencer Shirley C
Bought by
Spencer James G and Brand Carolyn G

Purchase Details

Closed on
Jun 22, 2005
Sold by
Spencer Shirley C
Bought by
Spencer Shirley C

Map

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 Type Sale Price Title Company
Grant Deed $3,825,000 Ticor Title Sd Commercial
Interfamily Deed Transfer -- Fidelity Natl Title Co Sd
Interfamily Deed Transfer -- Fidelity Natl Title Co Sd
Interfamily Deed Transfer -- Fidelity Natl Title Co Sd
Interfamily Deed Transfer -- Fidelity Natl Title Co Sd
Grant Deed $4,050,000 Fidelity Natl Title Co Sd
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,200,000 Credit Line Revolving
Open $3,999,999 New Conventional
Closed $2,900,000 Commercial
Previous Owner $2,835,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2024 10/18/24 Rented $33,000 -17.5% --
10/04/2024 10/04/24 For Rent $40,000 0.0% --
03/31/2021 03/31/21 Sold $3,825,000 0.0% $1,607 / Sq Ft
11/09/2020 11/09/20 Rented $25,000 -37.5% --
10/28/2020 10/28/20 Under Contract -- -- --
09/14/2020 09/14/20 For Rent $40,000 +14.3% --
07/25/2020 07/25/20 Rented $35,000 -12.5% --
07/25/2020 07/25/20 Under Contract -- -- --
04/24/2020 04/24/20 For Rent $40,000 0.0% --
10/28/2018 10/28/18 Pending -- -- --
06/13/2018 06/13/18 For Sale $4,950,000 +22.2% $2,080 / Sq Ft
06/02/2017 06/02/17 Sold $4,050,000 0.0% $1,702 / Sq Ft
04/01/2017 04/01/17 Pending -- -- --
09/17/2016 09/17/16 For Sale $4,050,000 -- $1,702 / 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
2024 $43,610 $4,059,120 $3,714,228 $344,892
2023 $42,570 $3,979,530 $3,641,400 $338,130
2022 $41,695 $3,901,500 $3,570,000 $331,500
2021 $46,634 $4,342,416 $3,859,926 $482,490
2020 $46,019 $4,297,891 $3,820,348 $477,543
2019 $45,070 $4,213,620 $3,745,440 $468,180
2018 $44,181 $4,131,000 $3,672,000 $459,000
2017 $2,288 $176,333 $121,609 $54,724
2016 $2,225 $172,876 $119,225 $53,651
2015 $2,168 $170,281 $117,435 $52,846
2014 $2,105 $166,946 $115,135 $51,811
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 180032191

California Regional Multiple Listing Service (CRMLS)

APN: 254-040-20