1503 Neptune Ave Encinitas, CA 92024
Leucadia NeighborhoodEstimated Value: $3,738,000 - $4,338,658
4
Beds
3.5
Baths
3,008
Sq Ft
$1,363/Sq Ft
Est. Value
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 2021Modern 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.
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
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%
Total Days on Market
45
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$767,220
Avg. Annual Appreciation
5.91%
Original Mortgage
$2,665,432
Outstanding Balance
$2,456,206
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,732,410
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
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Similar Homes in Encinitas, CA
Home Values in the Area
Average Home Value in this Area
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
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
-
Rande Turner
Seller's Agent in 2021
Rande Turner
Pacific Sotheby's Int'l Realty
(858) 945-8896
7 in this area
81 Total Sales
-
Hany Ghabour
Buyer's Agent in 2021
Hany Ghabour
The Westwood Real Estate Group
(888) 314-8451
1 in this area
12 Total Sales
Map
Source: San Diego MLS
MLS Number: 210004913
APN: 254-030-30-01
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