NOT LISTED FOR SALE

1605 Burgundy Rd Encinitas, CA 92024

Estimated Value: $1,178,000 - $2,774,870

0.23 Acre
$7,257,470 Price per Acre
10,019 Sq Ft Lot

Last Sold February 04, 2021

Last sale price $799,000

Est. 109% increase in value since last sale

Current estimated payment $9,608/month

67 Days on Market

Highlights

  • Ocean View
  • Capri Elementary School Rated A
  • Level Lot

About This Lot

As of February 2021

Rare Opportunity to purchase & build your dream home on one of the few remaining undeveloped properties in the Capri neighborhood. This choice, flat almost 1/4 acre parcel sits high on the hill - affording expansive views of the Pacific. Burgundy is a quiet culdesac street, and those who live here know what a slice of heaven it is! Plans included designed by the Award-winning firm, The Brown Studio, for an amazing modern, architectural home which truly captures the essence & specialness of this site.

Last Agent to Sell the Property

Erik Gilmer

Swell Property License #01446497 Listed on: 09/11/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,514

Lot Details

  • Level Lot
  • No Sprinklers
  • The property's topography is level

Property Views

  • Ocean
  • Panoramic

Community Details

  • Enc Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2541733200

Property Details

Property Type

Land

Est. Annual Taxes

$9,514

Lot Details

0

Listing Details

  • Subdivision Name Other: ENCINITAS
  • View: Yes
  • Property Type: Land
  • Parcel Number: 2541733200
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean, Panoramic
  • Fence: No

Utilities

  • Utilities: Natural Gas Available, Electricity Available
  • Sprinklers: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Topography: Level
  • Lot Features: Level, Sprinklers None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2022
Sold by
Brian And Lauren Connelly Revocable Trus
Bought by
Brian And Lauren Connelly Revocable Trust
Current Estimated Value
$1,669,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Outstanding Balance
$2,179,659
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
-$587,680

Purchase Details

Listed on
Sep 11, 2020
Closed on
Dec 9, 2020
Sold by
Modvacation Llc
Bought by
Connelly Brian J and Connelly Lauren M
Seller's Agent
Erik Gilmer
Swell Property
List Price
$899,000
Sold Price
$799,000
Premium/Discount to List
-$100,000
-11.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.02%

Purchase Details

Closed on
Oct 14, 2019
Sold by
Brown Lindsay and Brown Rory
Bought by
Modvacation Llc

Purchase Details

Closed on
May 9, 2019
Sold by
The Mariette Pinchart Trust
Bought by
Brown Lindsay and Brown Rory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,131,164
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 23, 1996
Sold by
Pinchart Mariette
Bought by
Pinchart Mariette
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 Buyer Sale Price Title Company
Brian And Lauren Connelly Revocable Trust -- --
Connelly Brian J $799,000 Chicago Title Company
Modvacation Llc $2,131,164 Chicago Title Company Sd
Brown Lindsay $2,125,000 First American Ttl San Diego
Pinchart Mariette -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brian And Lauren Connelly Revocable Trust $2,300,000
Previous Owner Brown Lindsay $2,131,164
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2021 02/04/21 Sold $799,000 -11.1% --
11/17/2020 11/17/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $899,000 -- --
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 $9,514 $1,364,862 $864,862 $500,000
2024 $9,514 $847,904 $847,904 --
2023 $8,793 $831,279 $831,279 $0
2022 $8,620 $814,980 $814,980 $0
2021 $9,148 $858,806 $858,806 $0
2020 $9,033 $850,000 $850,000 $0
2019 $167 $13,229 $13,229 $0
2018 $164 $12,970 $12,970 $0
2017 $161 $12,716 $12,716 $0
2016 $156 $12,467 $12,467 $0
2015 $154 $12,280 $12,280 $0
2014 $152 $12,040 $12,040 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200044435

California Regional Multiple Listing Service (CRMLS)

APN: 254-173-32