NOT LISTED FOR SALE

212 Cereus St Encinitas, CA 92024

Leucadia Neighborhood

Estimated Value: $3,144,000 - $4,120,000

5 Beds
3 Baths
2,536 Sq Ft
$1,445/Sq Ft Est. Value

Last Sold June 13, 2023

Last sale price $3,380,000 $1,333 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $22,651/month

10 Days on Market

Highlights

  • Central Air
  • Partially Fenced Property
  • Wood Siding
  • Paul Ecke-Central Elementary Rated A

About This Home

As of June 2023

Once-in-a-lifetime opportunity. Magical piece of property in the heart of Encinitas, situated on nearly a 1/2 acre. Not many, if any, properties of this size and zoning are left west of the 5 near the beach, and just a short stroll to iconic Beacons beach and all of Leaucadia’s finest restaurants. This captivating sanctuary showcases not just one, but two detached homes. The property is zoned R8 , and a recent feasibility study has been completed , thus presenting great development potential for a true legacy property. As you enter this fully private compound, the search for your personal paradise will be over. Words and pictures can only offer a glimpse of this coveted property. Find yourself surrounded by a wonderful garden setting with meandering paths, mature trees, sparkling pool, rejuvenating sauna, tranquil fountain, fire pit, and multiple sitting areas. The main house provides a harmonious blend of modern comfort with timeless charm. This 3 bed/ 2 bath features a new Kitchen, remodeled bathrooms, and original hardwood floors. The options with the second home are endless, as it can be used as an income-producing rental, granny suite, guest house, or an amazing home office. It features an ample living and dinning area , remodeled kitchen and bath, large bonus room that could be a bedroom, finished attic, original hardwood floors, stackable washer and dryer, and it’s own private fenced yard. Do not miss this opportunity to own a true legacy property with unrivaled charm!

Last Agent to Sell the Property

Eric Iantorno

Compass License #01256501 Listed on: 05/25/2023

Compass

Co-Listed By

Pilar Meza

Compass License #01952399

Last Buyer's Agent

John S. Kim

Century 21-El Camino License #01266066

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 0.43 Acre Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • 2 Buildings
  • 2 Units
  • N/K Community

Listing and Financial Details

  • Assessor Parcel Number 256-100-23-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: Hygeia Ave
  • Neighborhood: Leucadia
  • Supplement: As you enter this fully private compound, the search for your personal paradise will be over. Words and pictures can only offer a glimpse of this coveted property. Find yourself surrounded by a wonderful garden setting with meandering paths, mature trees, sparkling pool, rejuvenating sauna, tranquil fountain, fire pit, and multiple sitting areas. The main house provides a harmonious blend of modern comfort with timeless charm. This 3 bed/ 2 bath features a new Kitchen, remodeled bathrooms, and original hardwood floors. The options with the second home are endless, as it can be used as an income-producing rental, granny suite, guest house, or an amazing home office. It features an ample living and dinning area , remodeled kitchen and bath, large bonus room that could be a bedroom, finished attic, original hardwood floors, stackable washer and dryer, and it’s own private fenced yard. Do not miss this opportunity to own a true legacy property with unrivaled charm!
  • Stories: 2 Story
  • Sale Price List Price: 0.94
  • Total Stories: 2
  • Year Built: 1930
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Cooling: Central Forced Air

Condo/Co-op/Association

  • Complex Name: N/K
  • Community: ENCINITAS

Lot Info

  • Lot Size: .25 to .5 AC
  • Zoning: R8
  • Assessor Parcel Number: 256-100-23-00
  • Estimated Lot Sq Ft: 18845
  • Estimated Number of Acres: 0.43

Multi Family

  • No. of Units: 2
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Jun 7, 2023
Sold by
Surrey Melissa
Bought by
Cartwright Miles and Guarino Brittany
Seller's Agent
Eric Iantorno
Compass
Buyer's Agent
John S. Kim
Century 21-El Camino
List Price
$3,595,000
Sold Price
$3,380,000
Premium/Discount to List
-$215,000
-5.98%
Views
9
Current Estimated Value
$3,735,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,800
Avg. Annual Appreciation
3.20%

Purchase Details

Listed on
May 25, 2023
Closed on
May 31, 2023
Sold by
Muxie Llc
Bought by
Surrey Melissa
Seller's Agent
Eric Iantorno
Compass
Buyer's Agent
John S. Kim
Century 21-El Camino
List Price
$3,595,000
Sold Price
$3,380,000
Premium/Discount to List
-$215,000
-5.98%
Views
9

Purchase Details

Listed on
Feb 28, 2018
Closed on
Mar 9, 2018
Sold by
Dasmod Llc
Bought by
Muxie Llc
Seller's Agent
Erik Gilmer
Swell Property
Buyer's Agent
Nan Simmons
Coldwell Banker Realty
List Price
$1,810,000
Sold Price
$1,810,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.66%

Purchase Details

Listed on
Aug 1, 2016
Closed on
Aug 10, 2016
Sold by
Gorten David L
Bought by
Dasmod Llc
Seller's Agent
Neda Nourani
Compass
Buyer's Agent
Nan Simmons
Coldwell Banker Realty
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.37%

Purchase Details

Closed on
Dec 4, 1997
Sold by
Alan Cathcart
Bought by
Gorten David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,800
Interest Rate
3.95%

Purchase Details

Closed on
Feb 2, 1994
Sold by
Cathcart Alan
Bought by
Cathcart Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
7.1%
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
Cartwright Miles $3,380,000 Stewart Title Of California
Surrey Melissa -- None Listed On Document
Muxie Llc $1,810,000 First American Title Insuran
Dasmod Llc $1,250,000 First American Title Company
Gorten David L $330,000 First American Title
Cathcart Alan -- Continental Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gorten David L $263,800
Previous Owner Cathcart Alan $89,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2023 06/13/23 Sold $3,380,000 -6.0% $1,333 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $3,595,000 +98.6% $1,418 / Sq Ft
03/19/2018 03/19/18 Sold $1,810,000 0.0% $864 / Sq Ft View Prior Sale
03/04/2018 03/04/18 Pending -- -- --
02/28/2018 02/28/18 For Sale $1,810,000 +44.8% $864 / Sq Ft
09/07/2016 09/07/16 Sold $1,250,000 0.0% $596 / Sq Ft View Prior Sale
08/08/2016 08/08/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $1,250,000 -- $596 / 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 $37,624 $3,516,552 $3,121,200 $395,352
2024 $37,624 $3,447,600 $3,060,000 $387,600
2023 $22,075 $1,956,452 $1,876,353 $80,099
2022 $21,572 $1,956,452 $1,876,353 $80,099
2021 $21,235 $1,918,091 $1,839,562 $78,529
2020 $20,909 $1,898,424 $1,820,700 $77,724
2019 $20,489 $1,861,200 $1,785,000 $76,200
2018 $14,279 $1,275,000 $1,020,000 $255,000
2017 $14,033 $1,250,000 $1,000,000 $250,000
2016 $5,362 $444,764 $370,924 $73,840
2015 $5,233 $438,084 $365,353 $72,731
2014 $5,086 $429,504 $358,197 $71,307
Source: Public Records

Agents Affiliated with this Home

  • Eric Iantorno

    Seller's Agent in 2023

    Eric Iantorno

    Compass

    (858) 334-3577

    19 in this area

    172 Total Sales

    Eric Iantorno
    Section Image
  • Pilar Meza

    Seller Co-Listing Agent in 2023

    Pilar Meza

    Compass

    (619) 353-5828

    13 in this area

    119 Total Sales

    Pilar Meza
    Section Image

  • J

    Buyer's Agent in 2023

    John S. Kim

    Century 21-El Camino

  • Julie Dakin

    Buyer's Agent in 2023

    Julie Dakin

    Compass

    (858) 568-2270

    5 in this area

    37 Total Sales

    Julie Dakin
    Section Image
  • Erik Gilmer

    Seller's Agent in 2018

    Erik Gilmer

    Swell Property

    (619) 823-3408

    7 in this area

    21 Total Sales

    Erik Gilmer
    Section Image

  • N

    Buyer's Agent in 2018

    Nan Simmons

    Coldwell Banker Realty

See All Agents

Map

Source: San Diego MLS

MLS Number: 230009810

San Diego MLS

APN: 256-100-23

California San Diego County Encinitas 92024 Leucadia

212 Cereus St, Encinitas, CA

Not Listed for Sale

MultiFamily

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