NOT LISTED FOR SALE

270 Neptune Ave Encinitas, CA 92024

Estimated Value: $6,416,000 - $6,667,992

7 Beds
6.5 Baths
4,100 Sq Ft
$1,604/Sq Ft Est. Value

Last Sold June 13, 2014

Last sale price $4,400,000 $1,073 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $41,524/month

144 Days on Market

Highlights

  • Ocean Front
  • Automatic Gate
  • Cape Cod Architecture
  • Paul Ecke-Central Elementary Rated A
  • Two Primary Bedrooms
  • Deck

About This Home

As of June 2014

OCEAN FRONT FAMILY COMPOUND OR BUSINESS RETREAT. COMPLETELY REMODELED W/SEPARATE 1/BD/1BA GUEST HOUSE. Gourmet kitchen, bar/library, living room, dining area - all w/ocean views! Stunningly beautiful master suite w/bar, euro modern tub w/plantation shutters & view to sea. 3 bdrms w/ocean views! Ocean front deck with expansive Pacific views featuring a gas fire pit and plenty of space for lounging. In addition-lrg center courtyard for more entertaining! Dutch door entry to 1bd/1ba guest house. MUST SEE! [Supplement]: RARE! Large footprint for "Shutters" OCEAN FRONT PROPERTY! Features include: Designer "rain glass" entry, Front door corrugated tin awning, dutch door entry to guest house containing 1 bd/1ba, kitchen, family room & full ba. 2 laundry facilities, laundry shoot from master closet. All upgraded electric/Legrand switches, 65" Smart TV, Gourmet Kitchen-all new appliances. Italian "Calcutta" marble counter tops. "Driftwood" porcelain floors throughout, Venetian mirrored custom bar cabinets. Lenox Elite Gas Fireplace. Exterior amenities and features include: Ocean front stone fire pit, outdoor shower, 2 large ocean front expansive decks, charming inner European-style courtyard w/floating bench, laundry storage room w/work bench, upgraded electric to 400 AMP, all copper gutters, & hardwired security gate w/intercom, security & fire alarm system. This beach home has 6 CAR PARKING w/capacity for 1 electric vehicle, & bike storage area & 450 sqft of storage space NOT included in sqft, which can be converted to wine cellar/playroom/gym/sauna/home theater! Ideally located between Moonlight Beach & StoneSteps & a few blocks from trendy downtown Encinitas and Leaucadia.

Last Listed By

Kari de Burgh

Jonathan Corn, Broker License #00788252 Listed on: 11/18/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,496

Year Built

  • Built in 1970

Lot Details

  • Ocean Front
  • Drip System Landscaping
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Attached Carport
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Automatic Gate

Property Views

  • Ocean
  • Panoramic
  • Bluff

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,100 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Fireplace
  • Great Room
  • Workshop

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Retreat
  • Double Master Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Intercom
  • Fire Sprinkler System

Outdoor Features

  • Deck
  • Covered patio or porch
  • Fireplace in Patio
  • Fire Pit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2563521000

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,496

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Security: Automatic Gate, Fire Sprinkler System
  • Subdivision Name Other: Encinitas
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2563521000
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4100.00 Square Feet
  • Interior Amenities: Intercom, Wired for Data
  • Stories: 2
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Fire Pit, Patio
  • Levels: Two
  • Price Per Square Foot: 1073.17
  • Room Type: Great Room, Retreat, Two Masters, Workshop

Exterior Features

  • Patio: Yes
  • View: Ocean, Panoramic
  • Patio And Porch Features: Covered, Deck
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Attached Carport, Driveway, Garage Door Opener, Gated
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Heating Type: Electric, Fireplace(s), Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Individual Room, Washer Included, Gas Dryer Hookup

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Bluff, Sprinkler System, Sprinklers Drip System

Multi Family

  • Waterfront Features: Ocean Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2015
Sold by
Bennett Randal Jerrod and Bennett Lindsey Stuart
Bought by
Bennett Family Trust
Total Days on Market
144
Current Estimated Value
$6,577,331

Purchase Details

Listed on
Nov 18, 2013
Closed on
May 2, 2014
Sold by
Ko Ach Realty Llc
Bought by
Bennett Randal Jerrod and Bennett Lindsey Stuart
Seller's Agent
Kari de Burgh
Jonathan Corn, Broker
Buyer's Agent
CRMLS FILL Agent
CRMLS
List Price
$4,400,000
Sold Price
$4,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.56%
Original Mortgage
$2,200,000
Outstanding Balance
$1,632,267
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,825,403

Purchase Details

Listed on
Mar 29, 2012
Closed on
Oct 3, 2012
Sold by
Ballou Barbara Bailey and Ballou Frank C
Bought by
Ko Ach Realty Llc
Seller's Agent
Doug Harwood
Coldwell Banker Realty
Buyer's Agent
Kari de Burgh
Jonathan Corn, Broker
List Price
$2,850,000
Sold Price
$2,050,000
Premium/Discount to List
-$800,000
-28.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.31%
Original Mortgage
$1,000,000
Interest Rate
3.52%
Mortgage Type
Unknown

Purchase Details

Closed on
May 1, 2009
Sold by
Ballou Frank C and Ballou Barbara Bailey
Bought by
Ballou Barbara Bailey and Ballou Frank C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,000
Interest Rate
4.87%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 14, 2007
Sold by
Ballou Frank C and Ballou Barbara Bailey
Bought by
Ballou Frank C and Ballou Barbara Bailey

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
6.75%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 30, 2007
Sold by
Ballou Barbara Bailey and Bailey Catherine E
Bought by
Ballou Barbara Bailey and Bailey Catherine E

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
6.75%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 17, 2007
Sold by
Ballou Frank
Bought by
Ballou Barbara Bailey

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
6.75%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 9, 2006
Sold by
Brown Margaret E
Bought by
Brown Margaret E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 26, 2003
Sold by
Brown Margaret E and Bailey Margaret E
Bought by
Brown Margaret E

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
5.97%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 28, 2003
Sold by
Brown Margaret E
Bought by
Brown Margaret E and Bailey Margaret E

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
5.97%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 2, 1998
Sold by
Bailey Margaret E and Bailey Margaret E
Bought by
Brown Margaret E

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
Bennett Family Trust -- None Available
Bennett Randal Jerrod -- None Available
Bennett Randal Jerrod $4,400,000 First American Title Company
Ko Ach Realty Llc $2,050,000 First American Title
Ballou Barbara Bailey -- North American
Ballou Frank C -- None Available
Ballou Frank C -- None Available
Ballou Barbara Bailey -- North American Title
Ballou Barbara Bailey -- North American Title
Brown Margaret E -- North American Title
Brown Margaret E -- North American Title
Brown Margaret E -- --
Brown Margaret E -- --
Brown Margaret E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Randal Jerrod $2,200,000
Previous Owner Ko Ach Realty Llc $1,000,000
Previous Owner Ballou Barbara Bailey $407,000
Previous Owner Ballou Barbara Bailey $400,000
Previous Owner Brown Margaret E $409,000
Previous Owner Brown Margaret E $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2014 06/13/14 Sold $4,400,000 0.0% $1,073 / Sq Ft
04/11/2014 04/11/14 Pending -- -- --
11/18/2013 11/18/13 For Sale $4,400,000 +114.6% $1,073 / Sq Ft
10/24/2012 10/24/12 Sold $2,050,000 -28.1% $539 / Sq Ft
09/24/2012 09/24/12 Pending -- -- --
03/29/2012 03/29/12 For Sale $2,850,000 -- $750 / 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 $56,496 $5,288,028 $4,566,937 $721,091
2023 $55,157 $5,184,342 $4,477,390 $706,952
2022 $54,182 $5,082,690 $4,389,599 $693,091
2021 $53,586 $4,983,030 $4,303,529 $679,501
2020 $52,834 $4,931,936 $4,259,402 $672,534
2019 $51,746 $4,835,233 $4,175,885 $659,348
2018 $50,763 $4,740,425 $4,094,005 $646,420
2017 $49,927 $4,647,477 $4,013,731 $633,746
2016 $48,327 $4,556,351 $3,935,031 $621,320
2015 $47,705 $4,487,912 $3,875,924 $611,988
2014 -- $2,109,307 $1,808,172 $301,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 130060785

California Regional Multiple Listing Service (CRMLS)

APN: 256-352-10