NOT LISTED FOR SALE

Estimated Value: $3,540,442

1.33 Acres
$2,661,986 Price per Acre
57,935 Sq Ft Lot

Last Sold December 29, 2023

Last sale price $3,520,000

Est. 1% increase in value since last sale

Current estimated payment $20,644/month

31 Days on Market

Highlights

  • 1.33 Acre Lot
  • Community Playground
  • Level Lot
  • Ocean Knoll Elementary School Rated A
  • Property is Fully Fenced
  • 5-minute walk to Oakcrest Park

About This Lot

As of December 2023

Unique opportunity to purchase two lots situated on approximately 57,934 Sq Ft (1.33 Acres) in a prime Encinitas location. The property has multiple buildings, a large parking lot with 27 spots and is currently leased to a successful, long-standing Montessori School. Last year's gross income was approximately $241K!!!! APN Parcel 259-190-61-00 and 259-190-62-00. This is an incredible investment opportunity and possible redevelopment opportunity not to be missed!

Last Agent to Sell the Property

Kevin Hall

Berkshire Hathaway HomeServices California Properties License #01050521 Listed on: 08/09/2023

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Kevin Hall

Berkshire Hathaway HomeServices California Properties License #01050521 Listed on: 08/09/2023

Berkshire Hathaway HomeServices California Properties

Property Details

Property Type

  • Land

Lot Details

  • 1.33 Acre Lot
  • Property is Fully Fenced
  • Level Lot
  • Irrigation
  • Property is zoned RR-2

Utilities

  • Underground Utilities
  • Gas Available
  • Separate Water Meter

Community Details

  • Community Playground
  • Recreational Area

Listing and Financial Details

  • Assessor Parcel Number 259-190-62-00

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Type: Lots/Land
  • Market Area: Coastal North
  • Neighborhood: Encinitas
  • Cross Street: Manchester
  • Price Per Sq Ft: 2646616.54
  • Sale Price List Price: 0.77
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Full

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter On Property
  • Utilities Available: Below Ground
  • Utilities To Site: Electric, Gas

Condo/Co-op/Association

  • Community: Encinitas
  • Complex Features: Playground, Recreation Area

Association/Amenities

  • Development: Curbs

Lot Info

  • Irrigation: Manual
  • Lot Size: 1+ To 2 Ac
  • Topography: Level
  • Water District: San Dieguito Water District
  • Zoning: RR-2
  • Additional Property Use: With Structures
  • Estimated Number of Acres: 1.33
  • Assessor Parcel Number: 259-190-61-00
  • Assessor Parcel Number 2: 259-190-62-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Nov 17, 2023
Sold by
Seaborne Marianne P
Bought by
2155 Encinitas Blvd Llc
Seller's Agent
Kevin Hall
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Kevin Hall
Berkshire Hathaway HomeServices California Properties
List Price
$4,600,000
Sold Price
$3,520,000
Premium/Discount to List
-$1,080,000
-23.48%
Views
29
Current Estimated Value
$3,540,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,442
Original Mortgage
$1,441,000
Outstanding Balance
$1,418,029
Interest Rate
7.44%
Source: Public Records
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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
2155 Encinitas Blvd Llc $3,520,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2155 Encinitas Blvd Llc $1,441,000
Closed 2155 Encinitas Blvd Llc $1,760,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2023 12/29/23 Sold $3,520,000 -23.5% --
09/10/2023 09/10/23 Pending -- -- --
08/09/2023 08/09/23 For Sale $4,600,000 -- --
Source: San Diego MLS

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 $22,260 $1,856,400 $816,000 $1,040,400
2024 $22,260 $1,820,000 $800,000 $1,020,000
2023 $6,212 $399,196 $146,461 $252,735
2022 $6,009 $391,370 $143,590 $247,780
2021 $5,661 $383,697 $140,775 $242,922
2020 $5,698 $379,764 $139,332 $240,432
2019 $5,613 $372,318 $136,600 $235,718
2018 $5,520 $365,019 $133,922 $231,097
2017 $5,373 $357,863 $131,297 $226,566
2016 $5,202 $350,847 $128,723 $222,124
2015 $5,157 $345,578 $126,790 $218,788
2014 $5,093 $338,810 $124,307 $214,503
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230015392

San Diego MLS

APN: 259-190-61