NOT LISTED FOR SALE

Estimated Value: $3,070,864 - $4,943,000

4 Beds
2 Baths
3,264 Sq Ft
$1,191/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $4,100,000 $1,256 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $22,204/month

42 Days on Market

Highlights

  • White Water Ocean Views
  • Concrete Porch or Patio
  • Tile Flooring
  • Paul Ecke-Central Elementary Rated A
  • Laundry Room
  • Partially Fenced Property

About This Home

As of August 2020

Unique and fantastic oceanfront opportunity in Leucadia -- Endless white and blue water views! (NOTE: Sold together with 1648 Neptune for combined $4,395,000 list price) Boundless options - 1. Open dividing wall to create your new dream estate on the bluff; 2. Keep as 2 units for a prime investment property; 3. Zoned R-2, so may be possible to add 2 ADUs per new Calif state laws; 4. Create dream estate, plus add 1 ADU. Private stairs to the beach; Both sides have same interior room configurations.. Neighborhoods: Beach Architectural Style: Custom Built View: Custom Built Other Fees: 0 Sewer: Sewer Connected Frontage: Ocean/Bluff

Last Agent to Sell the Property

Dave Baker

Vista Ridge Investment Group License #01413821 Listed on: 05/20/2020

Last Buyer's Agent

Eric Iantorno

Compass License #01256501

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 10,321 Sq Ft Lot
  • Partially Fenced Property
  • Property is zoned R-2

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic

Home Design

  • Asbestos Shingle Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 3,264 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Electric Cooktop

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Additional Features

  • Concrete Porch or Patio
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 2540402902

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Leucadia
  • View: Yes
  • Zoning: R-2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2540402902
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3264.00
  • Stories: 2
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 1256.13

Exterior Features

  • Patio: Yes
  • View: Ocean, Panoramic, Coastline, White Water
  • Fence: Yes
  • Fencing: Partial
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Asbestos Shingle
  • Construction Materials: Wood Siding, Shingle Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Laundry: Yes
  • Appliances: Electric Range, Electric Cooktop
  • Heating Type: Electric
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, Individual Room

Lot Info

  • Lot Size Sq Ft: 10321.00

Multi Family

  • Lot Size Area: 10321.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2020
Closed on
Jul 22, 2020
Sold by
Cotter Thomas P and Cotter Christine M
Bought by
Hall Christopher Martin and Tomlinson Douglass Whitney
Seller's Agent
Dave Baker
Vista Ridge Investment Group
Buyer's Agent
Eric Iantorno
Compass
List Price
$4,395,000
Sold Price
$4,100,000
Premium/Discount to List
-$295,000
-6.71%
Current Estimated Value
$3,888,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$211,379
Avg. Annual Appreciation
-0.97%
Original Mortgage
$2,000,000
Outstanding Balance
$1,765,097
Interest Rate
2.85%
Mortgage Type
New Conventional
Estimated Equity
$2,123,524

Purchase Details

Closed on
Aug 23, 2019
Sold by
Patton Katherine A
Bought by
Patton Charles L and Patton Katherine A

Purchase Details

Closed on
Feb 22, 2005
Sold by
Northern Trust Bank Of California Na
Bought by
Joseph Robert H

Purchase Details

Closed on
Jul 12, 2004
Sold by
Northern Trust Bank Of California Na
Bought by
Jaehnig Elizabeth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hall Christopher Martin $4,100,000 Fidelity National Title
Patton Charles L -- None Available
Joseph Robert H -- --
Jaehnig Elizabeth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Christopher Martin $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2020 08/17/20 Sold $4,100,000 -6.7% $1,256 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $4,395,000 -- $1,347 / 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 $24,137 $2,218,983 $2,089,093 $129,890
2024 $24,137 $2,175,475 $2,048,131 $127,344
2023 $23,492 $2,132,820 $2,007,972 $124,848
2022 $22,962 $2,091,000 $1,968,600 $122,400
2021 $22,609 $2,050,000 $1,930,000 $120,000
2020 $3,994 $304,543 $215,291 $89,252
2019 $3,927 $298,572 $211,070 $87,502
2018 $3,862 $292,719 $206,932 $85,787
2017 $191 $286,980 $202,875 $84,105
2016 $3,704 $281,354 $198,898 $82,456
2015 $3,599 $277,129 $195,911 $81,218
2014 $3,486 $271,702 $192,074 $79,628
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200014211

California Regional Multiple Listing Service (CRMLS)

APN: 254-040-29-02