NOT LISTED FOR SALE

246 5th St Encinitas, CA 92024

Estimated Value: $6,784,000 - $9,580,000

4 Beds
3 Baths
3,513 Sq Ft
$2,319/Sq Ft Est. Value

Last Sold April 27, 2021

Last sale price $7,000,000 $1,993 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $52,325/month

24 Days on Market

Highlights

  • White Water Ocean Views
  • Fishing
  • Primary Bedroom Suite
  • Paul Ecke-Central Elementary Rated A
  • No Units Above
  • 1-minute walk to Moonlight State Beach

About This Home

As of April 2021

BREATHTAKING OCEANFRONT LIVING in this spacious custom home. Enjoy the BEST BEACH FRONT living experience that will delight you from SUNRISE TO SUNSET. First time on the market. THE VERY BEST LOCATION ON 5TH STREET BEING HIGH ENOUGH FROM WATER WITHOUT CLIFF. Massive Grand Room with wall to wall picture windows to capture the maximum of the Pacific Ocean and white water view open to a deck overlooking crashing waves and absolute Amazing sunset. The Great Room upstairs also offers a Grand Gorgeous and Cozy Brick Fireplace. The entire upper level has 2 bedroom 2 bath, 2 Fireplaces, Enormous Master bedroom with a custom fireplace and huge bay window to the ocean and beach. Also Master BR offers 2 attached spacious rooms for office/workout room/closet . HUGE WALK-IN MASTER BATH SHOWER. Gourmet Kitchen with view to the OCEAN and MOONLIGHT BEACH. Downstairs offers great room with a Oversized fireplace, wall to wall picture windows to Amaze you with crashing water and sunset views, Also offers 2 bedrooms, one bath, kitchen and a gorgeous patio overlooking the Pacific Ocean for entertainment. Once in a life time opportunity to have the Oceanfront on the most desirable LOT. Zoned R-2. Upstairs Master 25 X 20 plus 2 extra spaces 20 X 7 & 8 X10, Upstairs 2nd bedroom 16 X15, Upstairs Grand living room 30 X20 Combo, Upstairs Kitchen 14 X 14, Downstairs Bedroom1 16 X 16, Downstairs bedroom2 15 X 16, Downstairs Grand Livingroom combo 25 X 15, downstairs Kitchen 12 X12

Last Agent to Sell the Property

Azam Emamjomeh

Coldwell Banker Realty License #01081271 Listed on: 03/17/2021

Coldwell Banker Realty

Last Buyer's Agent

Pamela Belair

Prudential California Realty License #01364749

Prudential California Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $79,077

Year Built

  • Built in 1977

Lot Details

  • 7,517 Sq Ft Lot
  • No Units Located Below
  • 1 Common Wall
  • Cul-De-Sac
  • Paved or Partially Paved Lot
  • Property is zoned R-2 Minor Multiple for

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces

Property Views

  • White Water Ocean
  • Panoramic

Interior Spaces

  • 3,513 Sq Ft Home
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Formal Entry
  • Great Room
  • Living Room with Fireplace
  • Bonus Room
  • Workshop
  • Home Gym

Bedrooms and Bathrooms

  • Retreat
  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Location

  • Property is near a park

Utilities

  • Cooling System Powered By Gas
  • Central Air

Community Details

  • Fishing
  • Park
  • Dog Park
  • Bike Trail

Listing and Financial Details

  • Tax Tract Number 19079
  • Assessor Parcel Number 2580422500

Home Details

Home Type

Single Family

Est. Annual Taxes

$79,077

Year Built

Built in 1977

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: R-2 Minor Multiple for
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2580422500
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3513.00 Square Feet
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Starter, Living Room, Master Retreat, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1992.60
  • Room Type: Bonus Room, Exercise Room, Formal Entry, Foyer, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Retreat, Walk-In Closet, Workshop

Exterior Features

  • View: Ocean, Panoramic, Water, White Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Dog Park, Fishing, Park

Schools

  • School District: Encinitas Union

Lot Info

  • Land Lease: No
  • Lot Features: Cul-De-Sac, Lot 6500-9999, Park Nearby, Paved
  • Lot Size: 50X150 50 feet ocean frontage
  • Lot Size Sq Ft: 7517.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7517.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: 19079

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
Apr 14, 2021
Sold by
Vallas Theodore Tee and The Theodore Tee Vallas Trust
Bought by
Sayer Kevin R and Sayer Margot B
Seller's Agent
Azam Emamjomeh
Coldwell Banker Realty
Buyer's Agent
Pamela Belair
Prudential California Realty
List Price
$7,988,888
Sold Price
$7,000,000
Premium/Discount to List
-$988,888
-12.38%
Total Days on Market
24
Current Estimated Value
$8,147,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,147,405
Avg. Annual Appreciation
3.76%

Purchase Details

Closed on
Jul 29, 2003
Sold by
Vallas Theodore Tee
Bought by
Vallas Theodore Tee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2003
Sold by
Vallas Theodore Tee
Bought by
Vallas Theodore Tee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.54%

Purchase Details

Closed on
Mar 10, 1997
Sold by
Vallas Theodore L and Vallas Richard M
Bought by
Vallas Theodore Tee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.63%
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
Sayer Kevin R $7,000,000 First American Title Company
Vallas Theodore Tee -- California Title Company
Vallas Theodore T -- California Title Co
Vallas Theodore Tee -- --
Vallas Theodore Tee -- California Title Company
Vallas Theodore Tee $565,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vallas Theodore T $403,000
Previous Owner Vallas Theodore Tee $400,000
Previous Owner Vallas Theodore Tee $414,000
Previous Owner Vallas Theodore Tee $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2021 04/27/21 Sold $7,000,000 -12.4% $1,993 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $7,988,888 -- $2,274 / 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 $79,077 $7,428,456 $6,897,852 $530,604
2023 $77,341 $7,282,800 $6,762,600 $520,200
2022 $75,725 $7,140,000 $6,630,000 $510,000
2021 $4,835 $387,144 $163,900 $223,244
2020 $4,766 $383,175 $162,220 $220,955
2019 $4,681 $375,663 $159,040 $216,623
2018 $4,450 $368,298 $155,922 $212,376
2017 $4,158 $361,077 $152,865 $208,212
2016 $4,051 $353,998 $149,868 $204,130
2015 $4,001 $348,681 $147,617 $201,064
2014 $4,342 $341,852 $144,726 $197,126
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2102855

California Regional Multiple Listing Service (CRMLS)

APN: 258-042-25