$2,406,000 - $2,824,000
RENTED DEC 21, 2024

224 Neptune Ave Encinitas, CA 92024

2 Beds
3 Baths
1,496 Sq Ft
$1,791 Price per Sq Ft

Last Sold April 19, 2013

Last sale price $1,500,000 $1,003 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $16,633/month

About This Home

As of April 2013

This oceanfront unit is located on a 40’ wide oceanfront lot and has unfettered sit down whitewater ocean view across the entire 40’ of ocean frontage. You are literally sitting on the ocean with expansive 180° whitewater ocean views across the property. This is not a narrow or dark condo; it feels and lives more like a single-family residence. Located high above and far away from the street it is quiet, private and wonderful. With a full width oceanfront patio and a glass enclosed oceanfront dining area, this property affords stunning ocean views from the living room, dining room and kitchen. One of the two bedrooms has an en suite kitchenette and full bath. This property has been very well maintained, has a private 1 car garage and can be leased partially furnished or completely unfurnished. Beach access is at Stone Steps Public beach access (one block away) or Moonlight State Beach (4 blocks away). Other than that it's a terrific location close to downtown Encinitas, freeway access and the Coaster station. We are looking for someone who will take the property until at least May 31 of next year. Water, gas, trash and electric are all included. You must arrange for your own cable TV, Internet and phone services. Last month’s rent will be collected at move-in. The property is partially furnished. We can remove the furniture or leave it as it is, but that might require a larger deposit. All of that is up for discussion.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2013
Sold by
Kosar Robert S and Kosar Lynn D
Bought by
Kosar Robert S and Kosar Lynn D
Current Estimated Value
$2,678,807

Purchase Details

Listed on
Feb 8, 2013
Closed on
Apr 4, 2013
Sold by
Lakin David
Bought by
Kosar Robert S and Kosar Lynn D
Seller's Agent
Nicole Ragan
HomeSmart Realty West
Buyer's Agent
Helen Granville
Century 21 Real Estate Alliance Inc
List Price
$1,500,000
Sold Price
$1,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.89%
Original Mortgage
$372,000
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2012
Sold by
Lakin David and Lakin Ellyn Audrey
Bought by
Lakin David

Purchase Details

Closed on
Jul 15, 2010
Sold by
Lakin David
Bought by
Lakin David and Lakin Ellyn Audrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2006
Sold by
Moonlight Bluff Properties Llc
Bought by
Lakin David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,309,000
Interest Rate
9.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 2, 2005
Sold by
Crane Robert M and Crane Susan D
Bought by
Moonlight Bluff Properties Llc

Purchase Details

Closed on
Jun 14, 2004
Sold by
Dewald Scott and Dewald Karin
Bought by
Crane Robert M and Crane Susan D

Purchase Details

Closed on
May 9, 2003
Sold by
Crane Robert M and Dewald Scott
Bought by
Crane Robert M and Crane Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.5%

Purchase Details

Closed on
Mar 31, 2003
Sold by
Cates John W and Cates Judith G
Bought by
Crane Robert M and Dewald Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.5%

Range of Values:

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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
Kosar Robert S -- None Available
Kosar Robert S $1,500,000 Fidelity National Title
Lakin David -- None Available
Lakin David -- None Available
Lakin David -- Chicago Title Company
Lakin David -- First American Title
Moonlight Bluff Properties Llc -- --
Crane Robert M $570,000 --
Crane Robert M -- Fidelity National Title Co
Crane Robert M $945,000 Multiple
Dewald Scott -- Multiple
Crane Robert M -- Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kosar Robert S $372,000
Previous Owner Lakin David $1,275,000
Previous Owner Lakin David $1,300,000
Previous Owner Lakin David $1,309,000
Previous Owner Crane Robert M $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2024 12/21/24 Rented $6,500 0.0% --
10/15/2024 10/15/24 Price Changed $6,500 -13.3% $4 / Sq Ft
09/01/2024 09/01/24 For Rent $7,500 0.0% --
04/19/2013 04/19/13 Sold $1,500,000 0.0% $1,003 / Sq Ft
03/22/2013 03/22/13 Pending -- -- --
02/08/2013 02/08/13 For Sale $1,500,000 0.0% $1,003 / Sq Ft
08/06/2012 08/06/12 Rented $5,000 -10.7% --
07/07/2012 07/07/12 Under Contract -- -- --
04/04/2012 04/04/12 For Rent $5,600 -- --

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 $19,652 $1,810,915 $1,629,829 $181,086
2023 $18,990 $1,775,408 $1,597,872 $177,536
2022 $18,733 $1,740,597 $1,566,542 $174,055
2021 $18,495 $1,706,469 $1,535,826 $170,643
2020 $18,198 $1,688,972 $1,520,078 $168,894
2019 $17,825 $1,655,856 $1,490,273 $165,583
2018 $17,571 $1,623,389 $1,461,052 $162,337
2017 $191 $1,591,558 $1,432,404 $159,154
2016 $16,917 $1,560,352 $1,404,318 $156,034
2015 $16,761 $1,536,915 $1,383,224 $153,691
2014 $16,604 $1,506,810 $1,356,129 $150,681
Source: Public Records

Agents Affiliated with this Home

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