NOT LISTED FOR SALE

1503 Neptune Ave Encinitas, CA 92024

Estimated Value: $3,870,000 - $4,474,418

4 Beds
3.5 Baths
3,008 Sq Ft
$1,382/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $3,333,333 $1,108 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $26,129/month

45 Days on Market

Highlights

  • Ocean View
  • Main Floor Bedroom
  • Laundry Room
  • Paul Ecke-Central Elementary Rated A
  • 2 Car Attached Garage
  • Partially Fenced Property

About This Home

As of May 2021

Modern clean-lined home tucked away on the famous Neptune Avenue allowing for privacy, OCEAN VIEWS & breezes. 4BR, 3.5BA, open floorplan w/ great room, oversized Chef’s kitchen, pro Miele appliances, caesarstone countertops & stylish glass backsplash. Seamless indoor/outdoor living w/ outdoor TV, BBQ, greenspace. Mstr BR suite w/ spa-like BA & rooftop deck w/ jacuzzi. Spacious 2-car garage, extra parking & underground gym/storage. See MLS#210004915 for rear lot - purchase both for a rare coastal compound. Neptune Avenue is Encinitas’ most coveted street running atop the bluff overlooking North County’s most beautiful surf. This modern clean-lined home is tucked away on the famous street allowing for privacy, ocean views & breezes. Inside is an open concept space, offering 14 foot ceilings, a spacious great room and massive Chef’s kitchen w/ glass backsplash, caesarstone countertops, chic porcelain tile and professional Miele appliances. The adjacent dining room is also open to the great room and kitchen making hosting a party seamless. A first floor guest room with ensuite bathroom has direct access to the front of the house perfect for visiting family or friends. Upstairs are three more ample sized bedrooms. Just down the hall is the laundry room and luxurious master bedroom with ocean views, an ocean view rooftop deck with a jacuzzi and a spa-like master bathroom with an oversized walk-in shower. The property offers a few other on-site parking spots and a large two car garage with incredible overhead storage and a unique underground gym/storage area. The backyard offers an indoor-outdoor living room with a TV, built-in BBQ, fridge and green space area for furry friends. 1503 Neptune offers so much on its own but it further offers another incredible opportunity. The backyard backs up to another property which is also for sale. This large 10,000 square foot lot could transform 1503 Neptune into a coastal compound; add additional outdoor space with a pool, a guest house or re-develop the lot to build multiple homes. The address for this property is 178 Range Street. Range Street has direct access to Coast Highway 101. Both properties can be acquired together or separate. Both properties offer easy access to the beach, restaurants and shops. Live the cool Leucadian lifestyle with a dash of luxury.

Last Agent to Sell the Property

Rande Turner

Pacific Sotheby's Int'l Realty License #00857729 Listed on: 02/25/2021

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Hany Ghabour

The Westwood Real Estate Group License #02088061

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,021

Year Built

  • Built in 2011

Lot Details

  • 10,080 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Flag Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Stucco Exterior

Interior Spaces

  • 3,008 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Ocean Views
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry Room
  • Laundry on upper level

Utilities

  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 254-030-30-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,021

Year Built

Built in 2011

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Coastal North
  • Cross Street: Jupiter
  • Neighborhood: Leucadia
  • Supplement: Neptune Avenue is Encinitas’ most coveted street running atop the bluff overlooking North County’s most beautiful surf. This modern clean-lined home is tucked away on the famous street allowing for privacy, ocean views & breezes. Inside is an open concept space, offering 14 foot ceilings, a spacious great room and massive Chef’s kitchen w/ glass backsplash, caesarstone countertops, chic porcelain tile and professional Miele appliances. The adjacent dining room is also open to the great room and kitchen making hosting a party seamless. A first floor guest room with ensuite bathroom has direct access to the front of the house perfect for visiting family or friends. Upstairs are three more ample sized bedrooms. Just down the hall is the laundry room and luxurious master bedroom with ocean views, an ocean view rooftop deck with a jacuzzi and a spa-like master bathroom with an oversized walk-in shower. The property offers a few other on-site parking spots and a large two car garage with incredible overhead storage and a unique underground gym/storage area. The backyard offers an indoor-outdoor living room with a TV, built-in BBQ, fridge and green space area for furry friends. 1503 Neptune offers so much on its own but it further offers another incredible opportunity. The backyard backs up to another property which is also for sale. This large 10,000 square foot lot could transform 1503 Neptune into a coastal compound; add additional outdoor space with a pool, a guest house or re-develop the lot to build multiple homes. The address for this property is 178 Range Street. Range Street has direct access to Coast Highway 101. Both properties can be acquired together or separate. Both properties offer easy access to the beach, restaurants and shops. Live the cool Leucadian lifestyle with a dash of luxury.
  • Estimated Living Space: 3,000 to 3,999 SqFt
  • LP / Sq Ft: 1146.94
  • Price Per Sq Ft: 1108.16
  • SP/ Sq Ft: 1108.16
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 2011
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Searchable Rooms: Bedroom Entry Level, Living Room
  • Total Bedrooms: 4
  • Bedrooms: 4
  • Master Bedroom Dimensions: 14X19
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room, Inside, On Upper Level
  • Estimated Sq Ft: 3008
  • Total Bathrooms: 4

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • View: Ocean

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Garage Spaces: 3
  • Parking Spaces Total: 5

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property

Condo/Co-op/Association

  • Community: ENCINITAS

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: Flag Lot
  • Topography: Level
  • Assessor Parcel Number: 254-030-30-01
  • Estimated Lot Sq Ft: 10080
  • Estimated Number of Acres: 0.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
May 10, 2021
Sold by
Malkus Todd A and Malkus Stacie S
Bought by
Grody Alexander Joseph and Hetzer Jessica
Seller's Agent
Rande Turner
Pacific Sotheby's Int'l Realty
Buyer's Agent
Hany Ghabour
The Westwood Real Estate Group
List Price
$3,450,000
Sold Price
$3,333,333
Premium/Discount to List
-$116,667
-3.38%
Current Estimated Value
$4,157,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$824,140
Avg. Annual Appreciation
5.12%
Original Mortgage
$2,665,432
Outstanding Balance
$2,441,057
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,659,496

Purchase Details

Closed on
Aug 14, 2012
Sold by
Malkus Todd A and Malkus Stacy S
Bought by
Malkus Todd A and Malkus Stacie S
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
Grody Alexander Joseph $3,333,500 Wfg Title Co Of Ca San Diego
Malkus Todd A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grody Alexander Joseph $2,665,432
Previous Owner Malkus Todd A $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $3,333,333 -3.4% $1,108 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $3,450,000 -- $1,147 / Sq Ft
Source: San Diego MLS

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
2024 $38,021 $3,537,357 $2,865,261 $672,096
2023 $37,109 $3,467,998 $2,809,080 $658,918
2022 $36,343 $3,399,999 $2,754,000 $645,999
2021 $17,052 $1,562,864 $945,024 $617,840
2020 $16,734 $1,546,839 $935,334 $611,505
2019 $16,393 $1,516,510 $916,995 $599,515
2018 $16,072 $1,486,775 $899,015 $587,760
2017 $15,786 $1,457,624 $881,388 $576,236
2016 $15,285 $1,429,044 $864,106 $564,938
2015 $15,043 $1,407,580 $851,127 $556,453
2014 $14,725 $1,380,008 $834,455 $545,553
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210004913

San Diego MLS

APN: 254-030-30-01