NOT LISTED FOR SALE

251 Lolita St Encinitas, CA 92024

Estimated Value: $2,079,000 - $2,948,000

4 Beds
2 Baths
1,426 Sq Ft
$1,737/Sq Ft Est. Value

Last Sold April 16, 2014

Last sale price $1,296,000 $909 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $14,866/month

50 Days on Market

Highlights

  • Forced Air Heating System
  • Paul Ecke-Central Elementary Rated A
  • 5-minute walk to Moonlight State Beach

About This Home

As of April 2014

SWEOB between $1,295,000 & $1,345,000. Incredible Coastal Duplex a block from the Pacific Ocean & across Stone Steps beach! Two separate units, each with 2 bedrooms and 1 bath, large separate yards & separate entries, beautiful interiors and white vinyl fencing. upstairs unit has wood floors, new carpet, new paint, & granite top counters. Downstairs unit has tile and carpet flooring. short distance to Stone Steps, Moonlight beach, 101 restaurants! Excellent vacation rental too! No HOA Fees!! 1. Incredible Duplex a block from the ocean! 2. Excellent income property 3. Excellent Vacation Rental 4. Each unit with two bedrooms and one bath 5.Each unit has its own large yard with separate entries . Upstairs unit with wood floors in the living/dining room, carpet in the bedrooms 7. Upstairs unit with new carpet & new paint 8.Upstairs unit with new granite countertops 9. Downstairs unit has tile & carpeting throughout 10. Extra storage 11. Walk to Stone Steps and Moonlight beach 12. Walk to 101 shops & restaurants. 13. No HOA Fees! 14. West of 101- *** Buyer & Buyers agent to verify all information provided in the MLS & marketing materials by the sellers and seller's broker. Neighborhoods: Moonlight Beach Exterior: Wood/Stucco Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 251 Unit # for Unit 2: 253 Unit 1 Parking Spaces: 0 Unit 2 Parking Spaces: 0 Number of Furnished Units: 0 Topography: LL

Last Listed By

Neda Nourani

Compass License #01441652 Listed on: 01/01/2014

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,017

Year Built

  • Built in 1959

Lot Details

  • 3,920 Sq Ft Lot
  • Sprinkler System

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for trash collection, water, cable TV, electricity
  • Tax Lot 251-253Lolita92024
  • Assessor Parcel Number 2563740500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,017

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Subdivision Name Other: Leucadia
  • Zoning: S11
  • Property Type: Residential Income
  • Parcel Number: 2563740500
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Appliances: Yes
  • Levels: Two

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Forced Air

Lot Info

  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Rental Info

  • Tenant Pays: Trash Collection, Water, Cable TV, Electricity

Multi Family

  • Lot Size Area: 3920.0000 Square Feet
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

Tax Info

  • Tax Lot: 251-253Lolita92024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2019
Sold by
Leopold Randy George and Leopold Shrilyn Alice
Bought by
Leopold Randy G and Leopold Sherilyn Alice
Total Days on Market
50
Current Estimated Value
$2,477,024

Purchase Details

Listed on
Jan 1, 2014
Closed on
Feb 26, 2014
Sold by
Seaside Partners Lp
Bought by
Leopold Randy George and Leopold Sherilyn Alice
Seller's Agent
Neda Nourani
Compass
Buyer's Agent
Kathy Herington
Pacific Sotheby's Int'l Realty
List Price
$1,296,000
Sold Price
$1,296,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$900,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2002
Sold by
Renshaw Allison
Bought by
Seaside Partners Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.89%

Purchase Details

Closed on
Apr 5, 2000
Sold by
Meardon Paul H
Bought by
Renshaw Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,950
Interest Rate
6.25%

Purchase Details

Closed on
Oct 12, 1999
Sold by
Kimmick Family Trust 01-23-92 and Geraldine Doris
Bought by
Meardon Paul H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
7.68%

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
Leopold Randy G -- None Available
Leopold Randy George $1,296,000 Orange Coast Title
Seaside Partners Lp -- First American Title Ins Co
Renshaw Allison $510,000 --
Meardon Paul H $315,000 New Century Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leopold Randy G $60,000
Open Leopold Randy G $821,250
Closed Leopold Randy George $900,000
Previous Owner Leopold Randy George $900,000
Previous Owner Seaside Partners Lp $570,000
Previous Owner Seaside Partners Lp $550,000
Previous Owner Renshaw Allison $409,950
Previous Owner Meardon Paul H $283,500
Previous Owner Kimmick Doris Geraldine $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2014 04/16/14 Sold $1,296,000 0.0% $909 / Sq Ft
02/20/2014 02/20/14 Pending -- -- --
01/01/2014 01/01/14 For Sale $1,296,000 -- $909 / 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 $12,017 $1,079,745 $730,824 $348,921
2023 $11,644 $1,058,575 $716,495 $342,080
2022 $11,528 $1,037,820 $702,447 $335,373
2021 $11,267 $1,017,472 $688,674 $328,798
2020 $11,155 $1,007,040 $681,613 $325,427
2019 $10,932 $987,296 $668,249 $319,047
2018 $10,775 $967,939 $655,147 $312,792
2017 $10,611 $948,960 $642,301 $306,659
2016 $10,293 $930,354 $629,707 $300,647
2015 $10,075 $904,561 $620,249 $284,312
2014 $9,427 $828,508 $466,978 $361,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 140000021

California Regional Multiple Listing Service (CRMLS)

APN: 256-374-05