NOT LISTED FOR SALE

1663 Olmeda St Encinitas, CA 92024

Estimated Value: $1,677,000 - $1,897,000

5 Beds
2.5 Baths
2,240 Sq Ft
$813/Sq Ft Est. Value

Last Sold April 18, 2016

Last sale price $855,000 $382 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $11,113/month

6 Days on Market

Highlights

  • Contemporary Architecture
  • Retreat
  • Eat-In Kitchen
  • Ocean Knoll Elementary School Rated A
  • Home Gym
  • Laundry Room

About This Home

As of April 2016

VERY SPECIAL HOME WITH PICTURESQUE VIEWS. UPDATED KITCHEN WITH GRANITE COUNTERS, CHERRY WOOD CABINETS, STAINLESS STEEL APPLIANCES, LIGHTS, CEILING FAN, WINDOWS, A SLIDING GLASS DOOR, SHUTTERS, LARGE NEUTRAL TILE FLOORS, AND AN UPDATED BATHROOMS. 4 BEDROOMS, 2.5 BATH IN SOUTH ENCINITAS NEAR SHOPPING, BANKS AND RESTAURANTS. QUIET LOCATION ON A CUL-DE-SAC WITH A VERY SPECIAL SERENE YARD. Neighborhoods: Encinitas Estates Equipment: Dryer,Garage Door Opener, Range/Oven, Satellite Dish, Washer Other Fees: 0 Sewer: Sewer Connected Topography: LL

Last Agent to Sell the Property

Lori Barnett

Coldwell Banker Realty License #01401220 Listed on: 02/26/2016

Coldwell Banker Realty

Last Buyer's Agent

Ken Martz

Realty World-john V. Pinto & Associates License #00517476

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,064

Year Built

  • Built in 1974

Lot Details

  • 6,186

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2593307500

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,064

Year Built

Built in 1974

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Encinitas
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2593307500
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2240.00
  • Stories: 2
  • Flooring: Carpet, Tile
  • Appliances: No
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Area
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 381.70
  • Room Type: Exercise Room, Family Room, Formal Entry, Retreat

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave
  • Heating Type: Natural Gas, Fireplace(s), Forced Air
  • Laundry Features: Gas Dryer Hookup, In Garage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2016
Closed on
Apr 7, 2016
Sold by
Scherman David Arnold and Scherman Barbara Ann
Bought by
Sagi Amit and Sagi Ortal
Seller's Agent
Lori Barnett
Coldwell Banker Realty
Buyer's Agent
Ken Martz
Realty World-john V. Pinto & Associates
List Price
$855,000
Sold Price
$855,000
Total Days on Market
6
Current Estimated Value
$1,820,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$965,663
Avg. Annual Appreciation
8.64%
Original Mortgage
$684,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2011
Sold by
Scherman David Arnold and Scherman Barbara Ann
Bought by
Scherman David Arnold and Scherman Barbara Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2009
Sold by
Scherman David Arnold and Scherman Barbara Ann
Bought by
Scherman David Arnold and Scherman Barbara Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 1998
Sold by
Scherman David A and Scherman Barbara A
Bought by
Scherman David Arnold and Scherman Barbara Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.18%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
Sagi Amit $855,000 First American Title Company
Scherman David Arnold -- Stewart Title Of California
Scherman David Arnold -- Stewart Title Of California
Scherman David Arnold -- Stewart Title Of California
Scherman David Arnold -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sagi Amit $603,000
Closed Sagi Amit $646,000
Closed Sagi Amit $684,000
Previous Owner Scherman David Arnold $167,000
Previous Owner Scherman David Arnold $166,000
Previous Owner Scherman David Arnold $500,000
Previous Owner Scherman David Arnold $155,000
Previous Owner Scherman David Arnold $115,000
Previous Owner Scherman David Arnold $115,000
Previous Owner Scherman David Arnold $97,100
Previous Owner Scherman David A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2016 04/18/16 Sold $855,000 0.0% $382 / Sq Ft
03/03/2016 03/03/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $855,000 0.0% $382 / Sq Ft
04/24/2015 04/24/15 Rented $2,500 0.0% --
03/25/2015 03/25/15 Under Contract -- -- --
03/06/2015 03/06/15 For Rent $2,500 -21.0% --
06/21/2014 06/21/14 Rented $3,165 0.0% --
05/22/2014 05/22/14 Under Contract -- -- --
05/07/2014 05/07/14 For Rent $3,165 +7.3% --
10/25/2013 10/25/13 Rented $2,950 0.0% --
09/25/2013 09/25/13 Under Contract -- -- --
08/05/2013 08/05/13 For Rent $2,950 -26.3% --
07/01/2013 07/01/13 Rented $4,000 -19.9% --
06/01/2013 06/01/13 Under Contract -- -- --
05/06/2010 05/06/10 For Rent $4,995 -- --
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
2024 $11,064 $992,294 $754,378 $237,916
2023 $10,763 $972,838 $739,587 $233,251
2022 $10,516 $953,764 $725,086 $228,678
2021 $10,350 $935,064 $710,869 $224,195
2020 $10,192 $925,477 $703,580 $221,897
2019 $9,986 $907,332 $689,785 $217,547
2018 $9,807 $889,542 $676,260 $213,282
2017 $192 $872,100 $663,000 $209,100
2016 $1,570 $112,570 $26,519 $86,051
2015 $1,521 $110,880 $26,121 $84,759
2014 $1,467 $108,709 $25,610 $83,099
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 160010446

California Regional Multiple Listing Service (CRMLS)

APN: 259-330-75