NOT LISTED FOR SALE

Estimated Value: $2,113,718 - $2,744,000

3 Beds
2 Baths
1,180 Sq Ft
$2,015/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $1,425,000 $1,208 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $14,004/month

184 Days on Market

Highlights

  • Ocean View
  • Closed Circuit Camera
  • 1-Story Property
  • Paul Ecke-Central Elementary Rated A
  • No Heating
  • 2-minute walk to Mildred MacPherson Park

About This Home

As of April 2016

Walk to the beach plus have a rental unit. Walk to downtown Encinitas for restaurants, yoga, Whole Foods and train station. You don't need to do a thing to this adorable, upgraded and updated beach cottage. Great potential for building up and adding a roof deck for some ocean views. A total of 1810 square feet that can be turned into a single family residence, or enjoyed as 2 units. Great first time investment, live in one side and rent the other. Newly remodeled and modernized, front and back units with luxury upgrades including, Siberian Oak flooring, Carpet in bedrooms, JennAir Appliances, all new windows and doors, Santa Barbara style exterior stucco with stone veneer new bath and kitchen cabinets,tile and counters, new tub/shower, new LED lighting, new skylights, new workshop space and surfboard storage, CAT6 cable throughout, wired for new security system piped for gas heat. Neighborhoods: Encinitas Highlands Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 25 Briggs Unit # for Unit 2: 27 Briggs Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Deborrah Henry

Allison James Estates & Homes License #01379912 Listed on: 09/13/2015

Last Buyer's Agent

Kerry Kayajanian

Willis Allen Real Estate License #01406603

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • Drip System Landscaping
  • Sprinkler System

Home Design

  • Rolled or Hot Mop Roof

Interior Spaces

  • 1-Story Property
  • Ocean Views
  • Closed Circuit Camera

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • No Heating
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2582160300

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Security: Closed Circuit Camera(s)
  • Subdivision Name Other: Encinitas
  • View: Yes
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 2582160300
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Appliances: Yes
  • Levels: One

Exterior Features

  • View: Ocean
  • Pool Private: No
  • Roof: Rolled/Hot Mop
  • Spa: No

Utilities

  • Sprinklers: Yes
  • Heating: No
  • Appliances: Gas Water Heater

Lot Info

  • Lot Features: Sprinklers Drip System

Multi Family

  • 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
Feb 1, 2023
Sold by
Hosting Company Llc
Bought by
Jacobsen James
Current Estimated Value
$2,377,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,000
Outstanding Balance
$962,753
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$1,415,177

Purchase Details

Closed on
Nov 11, 2021
Sold by
25 27 Briggs Llc
Bought by
The Hosting Company Llc

Purchase Details

Closed on
Nov 23, 2020
Sold by
Rodeno Paul Francis and Rodeno Robin Ludlow
Bought by
25127 Briggs Llc

Purchase Details

Listed on
Sep 13, 2015
Closed on
Mar 25, 2016
Sold by
Lankford Catherine
Bought by
Lankford Richard
Seller's Agent
Deborrah Henry
Allison James Estates & Homes
Buyer's Agent
Kerry Kayajanian
Willis Allen Real Estate
List Price
$1,425,000
Sold Price
$1,425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%
Original Mortgage
$1,068,750
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 13, 2015
Closed on
Mar 21, 2016
Sold by
Lankford Richard
Bought by
The Rodeno Living Trust and Rodeno Robin Ludlow
Seller's Agent
Deborrah Henry
Allison James Estates & Homes
Buyer's Agent
Kerry Kayajanian
Willis Allen Real Estate
List Price
$1,425,000
Sold Price
$1,425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,068,750
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 4, 2013
Sold by
Ogg Michael
Bought by
Lankford Richard

Purchase Details

Closed on
Feb 26, 2009
Sold by
Roberts Laurel Browning
Bought by
Lankford Richard and Ogg Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,000
Interest Rate
5.15%
Mortgage Type
FHA

Purchase Details

Closed on
May 18, 2006
Sold by
Roberts Laurel B
Bought by
Roberts Laurel Browning

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
1.4%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 21, 2005
Sold by
Roberts Laurel B
Bought by
Roberts Laurel Browning

Purchase Details

Closed on
Dec 3, 2003
Sold by
Schmidt Johann and Schmidt Hildegard
Bought by
Roberts Laurel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jacobsen James -- Orange Coast Title
The Hosting Company Llc -- First American Ttl San Diego
25127 Briggs Llc $1,643,500 First American Title Company
Lankford Richard -- First American Title
The Rodeno Living Trust $1,425,000 First American Title
Lankford Richard $375,500 None Available
Lankford Richard $655,000 Fidelity National Title Co
Roberts Laurel Browning -- First American Title
Roberts Laurel B -- First American Title
Roberts Laurel Browning -- Diversified Title & Escrow S
Roberts Laurel B $655,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobsen James $995,000
Previous Owner The Rodeno Living Trust $1,068,750
Previous Owner Lankford Richard $622,000
Previous Owner Roberts Laurel B $750,000
Previous Owner Roberts Laurel B $500,000
Closed Roberts Laurel B $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2016 04/29/16 Sold $1,425,000 0.0% $1,208 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
09/13/2015 09/13/15 For Sale $1,425,000 -- $1,208 / 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
2025 $18,979 $1,778,759 $1,396,337 $382,422
2024 $18,979 $1,743,882 $1,368,958 $374,924
2023 $18,502 $1,709,689 $1,342,116 $367,573
2022 $18,078 $1,676,166 $1,315,800 $360,366
2021 $17,981 $1,643,300 $1,290,000 $353,300
2020 $16,827 $1,542,463 $1,190,674 $351,789
2019 $16,486 $1,512,220 $1,167,328 $344,892
2018 $16,171 $1,482,570 $1,144,440 $338,130
2017 $15,914 $1,453,500 $1,122,000 $331,500
2016 $8,395 $747,266 $657,418 $89,848
2015 $8,305 $736,042 $647,543 $88,499
2014 $8,193 $721,625 $634,859 $86,766
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 150050300

California Regional Multiple Listing Service (CRMLS)

APN: 258-216-03