NOT LISTED FOR SALE

227 5th St Encinitas, CA 92024

Estimated Value: $1,470,000 - $3,782,000

0.12 Acre
$23,505,148 Price per Acre
5,009 Sq Ft Lot

Last Sold March 27, 2020

Last sale price $2,050,000

Est. 32% increase in value since last sale

Current estimated payment $17,261/month

33 Days on Market

About This Lot

As of March 2020

Spectacular ocean view lot overlooking sandy Moonlight Beach. Whitewater, surf and sand views. Fourth parcel up from beach on 5th Street. Sunny and south facing lot with alley access. Lot is 50x100. Approximately 5000 square feet. Just a short stroll to the volleyball courts, tot lot and trendy downtown Encinitas where you can enjoy the restaurant and pub scene without having to drive.Property also offers city views. Neighborhoods: Beach Other Fees: 0

Last Agent to Sell the Property

Gary Martin

Gary Martin, Broker License #00962104 Listed on: 01/09/2020

Last Buyer's Agent

Gary Martin

Gary Martin, Broker License #00962104 Listed on: 01/09/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,039

Year Built

  • 1980

Lot Details

  • The property's topography is slope gentle

Listing and Financial Details

  • Assessor Parcel Number 2580411700

Property Details

Property Type

Land

Est. Annual Taxes

$25,039

Year Built

1980

Lot Details

0

Listing Details

  • Subdivision Name Other: Encinitas
  • Property Type: Land
  • Parcel Number: 2580411700
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1980

Lot Info

  • Topography: Slope Gentle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2020
Sold by
Reva Doris Y and Reva Family Trust
Bought by
Reva Doris and Reva Family Survivor S Trust
Total Days on Market
33
Current Estimated Value
$2,703,092

Purchase Details

Closed on
Jan 3, 2019
Sold by
Reva Doris Y and Reva Family Trust
Bought by
Reva Doris Y and The Reva Family Trust

Purchase Details

Closed on
Apr 29, 2008
Sold by
Reva Doris Y
Bought by
Reva Doris Y and Reva Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$905,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2008
Sold by
Pierce Donald Hugh and Pierce Penelope L P
Bought by
Reva Doris Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$905,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2003
Sold by
Pierce Donald Hugh and Pierce Penelope L P
Bought by
Pierce Donald Hugh and Pierce Penelope L P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 31, 2000
Sold by
Pierce Donald H and Penelope L P
Bought by
Pierce Donald Hugh and Pierce Penelope L P

Purchase Details

Closed on
Nov 15, 1999
Sold by
Pierce Donald H
Bought by
Pierce Donald Hugh and Pierce Penelope L P

Purchase Details

Closed on
Dec 22, 1998
Sold by
Dorf Arthur and Dorf Joanie L
Bought by
Pierce Donald Hugh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,500
Interest Rate
6.76%

Purchase Details

Closed on
Oct 14, 1994
Sold by
Probert William J and Probert William J
Bought by
Dorf Arthur and Dorf Joanie L F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
8.7%
Source: Public Records

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
Reva Doris -- None Available
Reva Doris Y -- None Available
Reva Doris Y -- Chicago Title
Reva Doris Y $1,810,000 Chicago Title Company
Pierce Donald Hugh -- Fidelity National Title Co
Pierce Donald Hugh -- Stewart Title
Church Robert A $610,000 Stewart Title
Pierce Donald Hugh -- --
Pierce Donald Hugh $590,000 South Coast Title Company
Dorf Arthur $450,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reva Doris Y $417,000
Closed Reva Doris Y $905,000
Previous Owner Pierce Donald Hugh $600,000
Previous Owner Pierce Donald Hugh $200,000
Previous Owner Pierce Donald Hugh $312,500
Previous Owner Pierce Donald Hugh $250,000
Previous Owner Pierce Donald Hugh $442,500
Previous Owner Dorf Arthur $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2020 03/27/20 Sold $2,050,000 -4.7% --
02/11/2020 02/11/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $2,150,000 -- --
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 $25,039 $2,330,768 $2,202,000 $128,768
2023 $24,440 $2,285,068 $2,158,824 $126,244
2022 $23,898 $2,240,264 $2,116,495 $123,769
2021 $23,829 $2,196,339 $2,074,996 $121,343
2020 $23,425 $2,173,819 $2,053,720 $120,099
2019 $22,945 $2,131,196 $2,013,451 $117,745
2018 $22,469 $2,089,409 $1,973,972 $115,437
2017 $191 $1,420,000 $1,278,000 $142,000
2016 $12,899 $1,200,000 $1,080,000 $120,000
2015 $11,351 $1,050,000 $945,000 $105,000
2014 $10,822 $1,000,000 $900,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200001981

California Regional Multiple Listing Service (CRMLS)

APN: 258-041-15-01