$1,985,000
SOLD SEP 25, 2023
4 Beds
2 Baths
1,983 Sq Ft
10,612 Sq Ft Lot

Recently Sold

$1,001 Per Sq Ft

1% Below List Price

6 Days on Market

Highlights

  • Primary Bedroom Suite
  • Main Floor Bedroom
  • Corner Lot
  • Ocean Knoll Elementary School Rated A
  • Attic
  • Lawn

About This Home

As of September 2023

PRIME LOCATION! This is your chance to live in the highly sought after Summerfield neighborhood in Encinitas just minutes to the beach, estuary, biking and hiking trails. Enjoy the largest 4 bedroom floorplan, rarely on the market! This single story home is on a flat corner lot just under a full 1/4 acre with an oversized wrap around yard, RV/boat parking, mature landscaping, room for an ADU, pool, or create your own private dream oasis (check out virtual backyard in photos!). Endless options! New carpet, new furnace, new water heater, new central vac, new paint, crown molding, wood flooring, dual pane double hung Anderson windows, bay window in living room, French doors off family room and primary suite, recessed lights and more. With mostly east, south and west exposure, bask in natural light all day long! Close to freeway access, top rated schools, major shopping, restaurants, beaches, and the heart of the 101 downtown Encinitas. A rare opportunity! No HOA or Mello Roos.

Last Agent to Sell the Property

Stacy Wadman

Compass License #01305276 Listed on: 08/18/2023

Compass

Last Buyer's Agent

Sarah Scott

Compass License #01493056

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,640

Year Built

  • Built in 1976

Lot Details

  • 10,612 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Level Lot
  • Front and Side Yard Sprinklers
  • Lawn
  • Back and Front Yard
  • Density is 21-25 Units/Acre
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • 6 Open Parking Spaces

Home Design

  • Composition Roof

Interior Spaces

  • 1,983 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room
  • Attic

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Outdoor Features

  • Exterior Lighting
  • Shed
  • Rain Gutters

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Tract Number 377
  • Assessor Parcel Number 2621200500

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,640

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2621200500
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1983.00
  • Stories: 1
  • Entry Location: South
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1001.01
  • Room Type: All Bedrooms Down, Attic, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Suite, Walk-In Closet
  • Bathroom Features: Exhaust Fan(s), Walk-In Shower, Shower In Tub, Bathtub

Exterior Features

  • Other Structures: Shed(s)
  • View: Neighborhood
  • Fence: No
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Schools

  • School District: San Dieguito Union

Lot Info

  • Land Lease: No
  • Lot Features: 21-25 Units/Acre, Back Yard, Corner Lot, Front Yard, Landscaped, Lawn, Level, Sprinkler System, Sprinklers In Front, Sprinklers On Side, Sprinklers Timer
  • Lot Size Sq Ft: 10612.00
  • Lot Size Acres: 0.2436

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10612.0000 Square Feet
  • Number Of Units In Community: 512

Tax Info

  • Tax Tract Number: 377

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Sep 12, 2023
Sold by
Wadman Living Trust and Stacy Wadman Living Trust
Bought by
Pettus Jeremy
Seller's Agent
Stacy Wadman
Compass
Buyer's Agent
Sarah Scott
Compass
List Price
$1,999,000
Sold Price
$1,985,000
Premium/Discount to List
-$14,000
-0.7%
Views
50
Current Estimated Value
$2,120,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,733
Avg. Annual Appreciation
3.70%
Original Mortgage
$1,300,000
Outstanding Balance
$1,274,875
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$845,858

Purchase Details

Listed on
Aug 18, 2023
Closed on
Sep 8, 2023
Sold by
Pettus Jeremy
Bought by
Pettus-Diezproperty Trust and Pettus
Seller's Agent
Stacy Wadman
Compass
Buyer's Agent
Sarah Scott
Compass
List Price
$1,999,000
Sold Price
$1,985,000
Premium/Discount to List
-$14,000
-0.7%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Outstanding Balance
$1,274,875
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$845,858

Purchase Details

Closed on
Feb 22, 2019
Sold by
Wadman Kirk L and Wadman Stacy
Bought by
Wadman Kirk L and Wadman Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2015
Sold by
Wadman Stacy and Holborow Stacy D
Bought by
Wadman Stacy

Purchase Details

Closed on
Jan 30, 2015
Sold by
Wadman Kirk L
Bought by
Wadman Kirk L

Purchase Details

Listed on
Jun 21, 2013
Closed on
Jul 3, 2013
Sold by
Shook James H and Gibbs Terry M
Bought by
Holborow Stacy D and Wadman Kirk L
Seller's Agent
Katie Hawkes
Pacific Sotheby's International Realty
Buyer's Agent
Stacy Wadman
Compass
List Price
$741,000
Sold Price
$741,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.16%
Original Mortgage
$518,700
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2012
Sold by
Shook James H and Gibbs Terry M
Bought by
Shook James H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2006
Sold by
Shook James H and Gibbs Terry M
Bought by
Shook James H and Gibbs Terry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
6.18%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 3, 2003
Sold by
Shook James H and Gibbs Terry M
Bought by
Shook James H and Gibbs Terry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,500
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2002
Sold by
Shook James H and Gibbs Terry M
Bought by
Shook James H and Gibbs Terry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
6.06%

Purchase Details

Closed on
Aug 22, 2001
Sold by
Shook James H and Gibbs Terry M
Bought by
Shook James H and Gibbs Terry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
7.21%

Purchase Details

Closed on
Apr 19, 2001
Sold by
Shook James H and Gibbs Terry M
Bought by
Shook James H and Gibbs Terry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
6.98%

Purchase Details

Closed on
May 18, 2000
Sold by
James Shook and Terry Gibbs
Bought by
Shook James H and Gibbs Terry M

Purchase Details

Closed on
Nov 21, 1997
Sold by
Gingeras Thomas R and Gingeras Dorothy M
Bought by
Shook James and Gibbs Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,500
Interest Rate
5.37%

Purchase Details

Closed on
Jan 11, 1997
Sold by
Gingeras Thomas R and Gingeras Dorothy M
Bought by
Gingeras Thomas R and Gingeras Dorothy M

Purchase Details

Closed on
Apr 27, 1984
Source: Public Records

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Range of Values:

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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 $1,985,000 First American Title
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $741,000 First American Title Company
Interfamily Deed Transfer -- Lsi Title Company
Interfamily Deed Transfer -- Lsi Title Company
Interfamily Deed Transfer -- United Title Company
Interfamily Deed Transfer -- United Title Company
Interfamily Deed Transfer -- Commonwealth Land Title Co
Interfamily Deed Transfer -- Commonwealth Land Title Co
Interfamily Deed Transfer -- Commonwealth Land Title Co
Interfamily Deed Transfer -- Commonwealth Land Title Co
Interfamily Deed Transfer -- Commonwealth Land Title Co
Interfamily Deed Transfer -- Commonwealth Land Title Co
Interfamily Deed Transfer -- Commonwealth Land Title Co
Interfamily Deed Transfer -- --
Individual Deed $245,000 Guardian Title
Interfamily Deed Transfer -- --
Deed $142,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,300,000 New Conventional
Previous Owner $484,000 New Conventional
Previous Owner $484,000 New Conventional
Previous Owner $518,700 New Conventional
Previous Owner $515,500 New Conventional
Previous Owner $380,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $303,000 New Conventional
Previous Owner $322,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $291,500 Purchase Money Mortgage
Previous Owner $274,500 No Value Available
Previous Owner $247,000 No Value Available
Previous Owner $247,000 No Value Available
Previous Owner $25,000 Credit Line Revolving
Previous Owner $255,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2023 09/25/23 Sold $1,985,000 -0.7% $1,001 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $1,999,000 +169.8% $1,008 / Sq Ft
07/25/2013 07/25/13 Sold $741,000 0.0% $373 / Sq Ft
06/29/2013 06/29/13 Pending -- -- --
06/21/2013 06/21/13 For Sale $741,000 -- $373 / 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 $21,640 $2,094,700 $1,632,000 $462,700
2024 $21,640 $1,985,000 $1,600,000 $385,000
2023 $9,711 $873,082 $636,257 $236,825
2022 $9,500 $855,964 $623,782 $232,182
2021 $9,406 $839,181 $611,551 $227,630
2020 $9,186 $830,577 $605,281 $225,296
2019 $9,001 $814,292 $593,413 $220,879
2018 $8,842 $798,327 $581,778 $216,549
2017 $8,687 $782,674 $570,371 $212,303
2016 $8,417 $767,329 $559,188 $208,141
2015 $8,273 $755,804 $550,789 $205,015
2014 $8,086 $741,000 $540,000 $201,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2306358

California Regional Multiple Listing Service (CRMLS)

APN: 262-120-05