NOT LISTED FOR SALE

227 Cereus St Encinitas, CA 92024

Estimated Value: $1,880,000 - $2,481,000

4 Beds
4 Baths
1,904 Sq Ft
$1,189/Sq Ft Est. Value

Last Sold March 24, 2017

Last sale price $1,210,000 $636 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $14,064/month

85 Days on Market

About This Home

As of March 2017

Variance granted MLS 160065981. Quintessential SoCal Beach Bungalows on nearly quarter acre lot. Newer furnace, updated electrical panel, newer fixtures, newer water heaters (3). Courtyards, winding walkways, lush tropical landscape. Registered as a short-term vacation rental property that can sleep 12. See documents for rental history in the various seasons. Owner currently lives in main house, guest house rented at $2350/month until May 31, 2017. Washer/dryer in guest house conveys. Furnishings in guest house owned by seller. Neighborhoods: Leucadia Other Fees: 0 Sewer: Sewer Connected Number of Furnished Units: 1 Topography: LL

Last Agent to Sell the Property

Amy Marchetti

Coldwell Banker Realty License #01838879 Listed on: 12/27/2016

Coldwell Banker Realty

Last Buyer's Agent

Miguel Manzanares

Flagship Real Estate Group License #01356344

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,268

Year Built

  • Built in 1949

Lot Details

  • 10,125 Sq Ft Lot
  • Sprinkler System

Home Design

  • Split Level Home
  • Rolled or Hot Mop Roof
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Buildings
  • 2 Units
  • n/k

Listing and Financial Details

  • Assessor Parcel Number 2561106100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,268

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Park Name: n/k
  • Subdivision Name Other: Leucadia
  • Property Type: Residential Income
  • Parcel Number: 2561106100
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Yes
  • Levels: Multi/Split

Exterior Features

  • Roof: Composition, Rolled/Hot Mop

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas, Forced Air

Lot Info

  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 10125.00
  • Lot Size Acres: 0.2300

Multi Family

  • Lot Size Area: 10125.0000 Square Feet
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2022
Sold by
Shutman and Joan
Bought by
Shutman Bernard Samuel and Shutman Joan
Total Days on Market
85
Current Estimated Value
$2,263,916

Purchase Details

Closed on
Apr 8, 2022
Sold by
Samuel Shutman Bernard and Samuel Joan
Bought by
Bernard Samuel Shutman And Joan Shutman Famil

Purchase Details

Listed on
Dec 27, 2016
Closed on
Mar 23, 2017
Sold by
Murphy Kevin L and Grad Jacqueline S
Bought by
Shutman Bernard and Shutman Joan
Seller's Agent
Amy Marchetti
Coldwell Banker Realty
Buyer's Agent
Miguel Manzanares
Flagship Real Estate Group
List Price
$1,210,000
Sold Price
$1,210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%

Purchase Details

Closed on
Sep 10, 2004
Sold by
Nelson Earl Bradely
Bought by
Murphy Kevin L and Grad Jacqueline S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,250
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 1987

Purchase Details

Closed on
Oct 7, 1983
Source: Public Records

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Range of Values:

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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
Shutman Bernard Samuel -- None Listed On Document
Bernard Samuel Shutman And Joan Shutman Famil -- None Listed On Document
Shutman Bernard $1,210,000 First American Title
Murphy Kevin L $825,000 Fidelity National Title
-- $290,000 --
-- $191,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphy Kevin L $300,000
Previous Owner Murphy Kevin L $536,250
Closed Murphy Kevin L $123,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2017 03/24/17 Sold $1,210,000 0.0% $636 / Sq Ft
03/24/2017 03/24/17 Sold $1,210,000 0.0% $636 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
03/22/2017 03/22/17 Pending -- -- --
12/27/2016 12/27/16 For Sale $1,210,000 0.0% $636 / Sq Ft
12/27/2016 12/27/16 For Sale $1,210,000 -- $636 / Sq Ft
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 $16,268 $1,376,769 $1,194,718 $182,051
2023 $15,753 $1,349,775 $1,171,293 $178,482
2022 $15,341 $1,323,310 $1,148,327 $174,983
2021 $15,050 $1,297,363 $1,125,811 $171,552
2020 $14,773 $1,284,061 $1,114,268 $169,793
2019 $14,488 $1,258,884 $1,092,420 $166,464
2018 $14,220 $1,234,200 $1,071,000 $163,200
2017 $11,120 $940,000 $796,000 $144,000
2016 $10,968 $940,000 $796,000 $144,000
2015 $9,941 $850,000 $720,000 $130,000
2014 $9,279 $795,000 $674,000 $121,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 170010414

California Regional Multiple Listing Service (CRMLS)

APN: 256-110-61