NOT LISTED FOR SALE

236-38 Melrose Ave Encinitas, CA 92024

Estimated Value: $1,819,000 - $2,248,081

2 Beds
2 Baths
920 Sq Ft
$2,215/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $1,750,000 $1,902 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $13,072/month

8 Days on Market

Highlights

  • No HOA
  • Living Room
  • 1-Story Property
  • Paul Ecke-Central Elementary Rated A

About This Home

As of December 2021

Incredible opportunity to own an awesome duplex within walking distance to Moonlight Beach. This property is located West of Coast Hwy and on the West side of Melrose Avenue. Great curb appeal with a white picket fence, two off street parking places and a used brick facade. This is a Duplex consisting of 1 Bedroom / 1 Bath each side. Units are currently rented on month to month rental agreements. Rents are low and could easily be doubled to match current rental rates. This property has been very well maintained including all the fencing. Plumbing and Drain lines have been replaced in the past. Roof is approximately 10 years old. Water heaters were both replaced in 2021. Rear unit has a large private yard. Charming units with tons of potential. Live in one and rent the other.

Last Listed By

Kyle Murphy

Coldwell Banker Realty License #01847767 Listed on: 10/27/2021

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,985

Year Built

  • Built in 1953

Lot Details

  • 4,103 Sq Ft Lot
  • Lot Dimensions are 38 x 110 x 37 x 111
  • No Common Walls
  • Density is 11-15 Units/Acre

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 920 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Gas Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Outdoor Features

  • Exterior Lighting

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Tract Number 1845
  • Assessor Parcel Number 2563622800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,985

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: RS11
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 2563622800
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 920.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 1902.17
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected
  • Sprinklers: No
  • Laundry: No
  • Appliances: Gas Cooktop, Refrigerator
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: San Dieguito Union

Lot Info

  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size: 38 x 110 x 37 x 111
  • Lot Size Sq Ft: 4103.00
  • Lot Size Acres: 0.0942

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4103.0000 Square Feet
  • Number Of Units In Community: 2

Tax Info

  • Tax Tract Number: 001845

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2022
Sold by
Carlson Steven A and Carlson Nikki
Bought by
Carlson Family Trust
Total Days on Market
8
Current Estimated Value
$2,038,020

Purchase Details

Listed on
Oct 27, 2021
Closed on
Nov 23, 2021
Sold by
Bromley Nan
Bought by
Bromley Ronald W
Seller's Agent
Kyle Murphy
Coldwell Banker Realty
Buyer's Agent
Christina Skelly
First Team Real Estate
List Price
$1,599,000
Sold Price
$1,750,000
Premium/Discount to List
$151,000
9.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Original Mortgage
$675,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 27, 2021
Closed on
Nov 19, 2021
Sold by
Mahrdt Carter J and Mahrdt Pamela F
Bought by
Carlson Steven A and Carlson Nikki
Seller's Agent
Kyle Murphy
Coldwell Banker Realty
Buyer's Agent
Christina Skelly
First Team Real Estate
List Price
$1,599,000
Sold Price
$1,750,000
Premium/Discount to List
$151,000
9.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2002
Sold by
Mahrdt Carter J and Mahrdt Pamela F
Bought by
Mahrdt Carter J and Mahrdt Pamela F

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
Carlson Family Trust -- Law Offices Of Timothy Tuttle
Bromley Ronald W -- Equity Title Company San
Carlson Steven A $1,750,000 Equity Title San Diego
Mahrdt Carter J -- --
Mahrdt Carter J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carlson Steven A $675,000
Previous Owner Mahrdt Carter J $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold $1,750,000 +9.4% $1,902 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $1,599,000 -- $1,738 / 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 $19,985 $1,820,700 $1,664,640 $156,060
2023 $19,536 $1,785,000 $1,632,000 $153,000
2022 $19,646 $80,044 $44,154 $35,890
2021 $1,533 $80,044 $44,154 $35,890
2020 $1,519 $79,224 $43,702 $35,522
2019 $1,500 $77,672 $42,846 $34,826
2018 $1,548 $76,150 $42,006 $34,144
2017 $1,522 $74,658 $41,183 $33,475
2016 $1,504 $73,195 $40,376 $32,819
2015 $1,479 $72,097 $39,770 $32,327
2014 $1,536 $70,685 $38,991 $31,694
Source: Public Records

Agents Affiliated with this Home

  • Kyle Murphy

    Seller's Agent in 2021

    Kyle Murphy

    Coldwell Banker Realty

    (760) 420-6581

    17 in this area

    111 Total Sales

    Kyle Murphy
    Section Image
  • Janet McCollough

    Seller Co-Listing Agent in 2021

    Janet McCollough

    Coldwell Banker Realty

    (760) 613-5263

    11 in this area

    67 Total Sales

    Janet McCollough
    Section Image
  • Christina Skelly

    Buyer's Agent in 2021

    Christina Skelly

    First Team Real Estate

    (760) 717-2857

    2 in this area

    22 Total Sales

    Christina Skelly
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2112145

California Regional Multiple Listing Service (CRMLS)

APN: 256-362-28

California San Diego County Encinitas 92024

236-38 Melrose Ave, Encinitas, CA

Homes for Sale in Encinitas, CA

This home is located at 236-38 Melrose Ave, Encinitas, CA 92024 since 27 October 2021 and is currently estimated at $2,038,020, approximately $2,215 per square foot. This property was built in 1953. 236-38 Melrose Ave is a home located in San Diego County with nearby schools including Paul Ecke-Central Elementary, Diegueno Middle School, and La Costa Canyon High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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