NOT LISTED FOR SALE

209 Melrose Ave Encinitas, CA 92024

Central Encinitas Neighborhood

Estimated Value: $1,955,325 - $2,637,000

5 Beds
3 Baths
2,242 Sq Ft
$989/Sq Ft Est. Value

Last Sold August 08, 2024

Last sale price $1,950,000 $870 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $12,621/month

127 Days on Market

Highlights

  • Ocean View
  • Above Ground Spa
  • Two Primary Bedrooms
  • Paul Ecke-Central Elementary Rated A
  • Rooftop Deck
  • Main Floor Primary Bedroom

About This Home

As of August 2024

Welcome to your dream beach property in the heart of Encinitas! This stunning triplex features 5 bedrooms and 3 bathrooms, offering a rare opportunity for coastal living. Enjoy breathtaking ocean views from the rooftop deck, providing the perfect backdrop for relaxation and entertainment. Step into a versatile layout with 3 spacious private patios, ideal for outdoor gatherings and enjoying the coastal breeze. Located just steps away from Moonlight Beach, this property is a short-term vacation rental gem, presenting an excellent income-generating opportunity. Each unit is equipped with a full kitchen and bathroom for convenience, with 2 separate laundry rooms on the property. The spa adds a touch of luxury, creating a perfect retreat after a day of beach activities. Perfectly designed for entertaining, this property is a true haven for creating lasting memories. Don't miss out on the chance to make this property your dream beach retreat or a lucrative short-term vacation rental. Experience the epitome of coastal living!

Last Agent to Sell the Property

Mike Chiesl

Real Broker License #01783300 Listed on: 01/30/2024

Real Broker

Last Buyer's Agent

Scott Mullen

Prudential-the Bayhill Team License #99998877

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • Wood Fence

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 2,242 Sq Ft Home
  • 2-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Area
  • Storage Room
  • Walk-Out Basement

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Six Burner Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • 2 Parking Spaces
  • Driveway

Pool

  • Above Ground Spa
  • Pool Equipment or Cover

Outdoor Features

  • Rooftop Deck
  • Covered Patio or Porch
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Space Heater
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 256-392-01-00

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Coastal North
  • Cross Street: Florita St
  • Neighborhood: Moonlight Beach
  • LP / Sq Ft: 880.91
  • Price Per Sq Ft: 869.76
  • SP/ Sq Ft: 869.76
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 1956
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Disposal, Dryer, Microwave, Pool/Spa/Equipment, Refrigerator, Shed(s), 6 Burner Stove, Gas Oven, Gas Stove, Gas Range
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Searchable Rooms: Bedroom Entry Level, Breakfast Area, Dining Area, Family Room, Master Bdrm 2, MBR Entry Level, Optional Bedrooms, Storage Room, Walkout Basement, Kitchen, Living Room, Master Bedroom, Laundry, Master Bathroom, Separate Family Room
  • Total Bedrooms: 5
  • Bedrooms: 5
  • Master Bedroom Dimensions: 13x13
  • Full Bathrooms: 3
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 2242
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Wood
  • Patio: Brick, Covered, Patio, Roof Top, Patio Open, Porch - Front, Porch - Rear
  • Roof: Shingle
  • Spa: Above Ground
  • Spa Heat: Gas
  • View: Ocean, Peek-A-Boo

Garage/Parking

  • Non Garage Parking: Driveway
  • Parking Spaces Total: 2

Utilities

  • Cooling: Wall/Window
  • Laundry Utilities: Gas
  • Sewer/Septic: Public Sewer
  • Water: Public
  • Heating: Space Heater
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Community: ENCINITAS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 256-392-01-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
Jun 13, 2024
Sold by
Thompson Cherene
Bought by
Buzby Stephen
Seller's Agent
Mike Chiesl
Real Broker
Buyer's Agent
Scott Mullen
Prudential-the Bayhill Team
List Price
$2,300,000
Sold Price
$1,950,000
Premium/Discount to List
-$350,000
-15.22%
Views
2593
Current Estimated Value
$2,218,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,081
Avg. Annual Appreciation
9.50%
Original Mortgage
$1,560,000
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2018
Sold by
Thompson Cherene
Bought by
Thompson Cherene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 12, 2018
Sold by
Thompson Cherene
Bought by
Thompson Cherene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.5%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Buzby Stephen $1,950,000 Ticor Title
Thompson Cherene -- Lawyers Title
Thompson Cherene -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buzby Stephen $1,560,000
Previous Owner Thompson Cherene $250,000
Previous Owner Thompson Cherene $58,851
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2024 08/08/24 Sold $1,950,000 0.0% $870 / Sq Ft
07/31/2024 07/31/24 Off Market $1,950,000 -- --
06/06/2024 06/06/24 Price Changed $1,975,000 -8.1% $881 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
05/13/2024 05/13/24 Price Changed $2,150,000 -4.4% $959 / Sq Ft
02/21/2024 02/21/24 Price Changed $2,250,000 -2.2% $1,004 / Sq Ft
01/30/2024 01/30/24 For Sale $2,300,000 -- $1,026 / Sq Ft
Source: San Diego MLS

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 $12,277 $1,950,000 $1,700,000 $250,000
2024 $12,277 $1,102,550 $1,044,524 $58,026
2023 $11,917 $1,080,933 $1,024,044 $56,889
2022 $11,562 $1,059,739 $1,003,965 $55,774
2021 $11,530 $1,038,961 $984,280 $54,681
2020 $11,432 $1,028,309 $974,188 $54,121
2019 $11,204 $1,008,147 $955,087 $53,060
2018 $11,115 $988,380 $936,360 $52,020
2017 $191 $969,000 $918,000 $51,000
2016 $1,963 $133,900 $66,950 $66,950
2015 $1,895 $131,890 $65,945 $65,945
2014 $1,799 $129,308 $64,654 $64,654
Source: Public Records

Agents Affiliated with this Home

  • Mike Chiesl

    Seller's Agent in 2024

    Mike Chiesl

    Real Broker

    (760) 473-0000

    2 in this area

    211 Total Sales

    Mike Chiesl
    Section Image

  • S

    Buyer's Agent in 2024

    Scott Mullen

    Prudential-the Bayhill Team

  • Thomas Stewart

    Buyer's Agent in 2024

    Thomas Stewart

    Real Broker

    (760) 492-8736

    2 in this area

    41 Total Sales

    Thomas Stewart
    Section Image
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Map

Source: San Diego MLS

MLS Number: 240002188

San Diego MLS

APN: 256-392-01

California San Diego County Encinitas 92024 Central Encinitas

209 Melrose Ave, Encinitas, CA

Not Listed for Sale

Detached

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