NOT LISTED FOR SALE

Estimated Value: $5,719,000 - $6,896,000

3 Beds
3.5 Baths
3,070 Sq Ft
$2,012/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $4,950,000 $1,612 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $36,314/month

111 Days on Market

Highlights

  • Ocean View
  • Bluff on Lot
  • 3 Car Attached Garage
  • Paul Ecke-Central Elementary Rated A
  • Deck
  • Living Room

About This Home

As of December 2021

Opportunity of a lifetime! Ocean front estate featuring 3 large deck spaces & panoramic views of up the Pacific coastline. Watch the waves break & spectacular sunsets from this 3 bed/3.5 bath beach house with rare 3 car garage + driveway parking for 3 more vehicles! Each bedroom is en-suite & the powder bath is perfect for guests! Spacious backyard with remote controlled awning is perfect for dining outdoors. The master retreat spans the entire 2nd floor & features a giant ocean-facing deck, large walk-in closet, office/exercise room & luxurious bathroom. The other 2 bedrooms are located on entry level. Walking distance to nearby beach access & the area's best restaurants & shops, this location truly cannot be beat!

Last Agent to Sell the Property

Eric Iantorno

Compass License #01256501 Listed on: 07/27/2021

Compass

Co-Listed By

Pilar Meza

Compass License #01952399

Last Buyer's Agent

Victoria Lam

California Properties & Loans, Inc. License #01326466

California Properties & Loans, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • 5,986 Sq Ft Lot
  • Property is Fully Fenced
  • Bluff on Lot

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Stucco Exterior

Interior Spaces

  • 3,070 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room
  • Dining Area
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 256-352-12-00

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

5,986 Sq Ft Lot

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Coastal North
  • Cross Street: Roseta Street
  • Neighborhood: Encinitas
  • LP / Sq Ft: 1775.24
  • Price Per Sq Ft: 1612.38
  • SP/ Sq Ft: 1612.38
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 1981
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Fireplaces: 1
  • Fireplace: Fp In Family Room
  • Searchable Rooms: Dining Area, Kitchen, Living Room, Master Bedroom, Laundry, Master Bathroom
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 23x17
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 3070
  • Total Bathrooms: 4

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Patio: Deck
  • View: Panoramic Ocean

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 3
  • Non Garage Parking: Driveway
  • Parking Spaces Total: 6

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Gas
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Community: ENCINITAS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Bluff/Canyon Rim
  • Assessor Parcel Number: 256-352-12-00
  • Estimated Lot Sq Ft: 5986
  • Estimated Number of Acres: 0.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2022
Sold by
Peter Budetti Jr Robert and Peter Barbara Wendy
Bought by
Budetti Living Trust
Current Estimated Value
$6,177,932

Purchase Details

Listed on
Jul 27, 2021
Closed on
Nov 22, 2021
Sold by
Jocko Development Ii Llc
Bought by
Budetti Robert Peter and Budetti Wendy Barbara
Seller's Agent
Eric Iantorno
Compass
Buyer's Agent
Victoria Lam
California Properties & Loans, Inc.
List Price
$6,200,000
Sold Price
$4,950,000
Premium/Discount to List
-$1,250,000
-20.16%

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
$3,600,000
Interest Rate
2.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 8, 2014
Closed on
Oct 24, 2014
Sold by
Jocko Development Company
Bought by
Jocko Development Ii Llc
Seller's Agent
Vincent Meardon
Vincent Meardon, Broker
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$3,025,000
Sold Price
$3,025,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%

Purchase Details

Listed on
Apr 8, 2014
Closed on
Oct 15, 2014
Sold by
Meardon Paul H
Bought by
Jocko Development Company
Seller's Agent
Vincent Meardon
Vincent Meardon, Broker
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$3,025,000
Sold Price
$3,025,000

Purchase Details

Closed on
Jul 26, 2004
Sold by
Meardon Paul H
Bought by
Meardon Paul H

Purchase Details

Closed on
Mar 31, 2003
Sold by
Meardon Paul H
Bought by
Meardon Paul H and Meardon Vincent

Purchase Details

Closed on
May 17, 1999
Sold by
Dorf Arthur F and Dorf Joanie F
Bought by
Harper Keegan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
7.37%

Purchase Details

Closed on
Jan 22, 1993
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Budetti Living Trust -- Albrecht & Barney
Budetti Robert Peter $4,950,000 First American Title Company
Jocko Development Ii Llc -- First American Title Company
Jocko Development Company $3,025,000 First American Title Company
Meardon Paul H -- --
Meardon Paul H -- --
Meardon Paul H -- Stewart Title
Meardon Paul H $1,450,000 Stewart Title
Harper Keegan $800,000 South Coast Title Company
-- $540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Budetti Robert Peter $3,600,000
Previous Owner Harper Keegan $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2021 12/20/21 Sold $4,950,000 -9.2% $1,612 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
10/19/2021 10/19/21 Price Changed $5,450,000 -6.8% $1,775 / Sq Ft
08/07/2021 08/07/21 Price Changed $5,850,000 -5.6% $1,906 / Sq Ft
07/27/2021 07/27/21 For Sale $6,200,000 +105.0% $2,020 / Sq Ft
10/16/2014 10/16/14 Sold $3,025,000 0.0% $985 / Sq Ft View Prior Sale
10/10/2014 10/10/14 Pending -- -- --
04/08/2014 04/08/14 For Sale $3,025,000 -- $985 / Sq Ft
Source: San Diego MLS

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 $55,011 $5,252,979 $4,457,073 $795,906
2024 $55,011 $5,149,980 $4,369,680 $780,300
2023 $53,676 $5,049,000 $4,284,000 $765,000
2022 $52,640 $4,950,000 $4,200,000 $750,000
2021 $36,059 $3,358,726 $2,775,808 $582,918
2020 $35,593 $3,324,287 $2,747,346 $576,941
2019 $34,859 $3,259,106 $2,693,477 $565,629
2018 $34,171 $3,195,203 $2,640,664 $554,539
2017 $191 $3,132,553 $2,588,887 $543,666
2016 $32,528 $3,071,131 $2,538,125 $533,006
2015 $32,164 $3,025,000 $2,500,000 $525,000
2014 $18,551 $1,713,150 $1,417,782 $295,368
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210021109

San Diego MLS

APN: 256-352-12

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