$2,050,000
SOLD OCT 24, 2012

270 Neptune Ave Encinitas, CA 92024

7 Beds
7 Baths
3,800 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$539 Per Sq Ft

28% Below List Price

179 Days on Market

Highlights

  • Ocean Front
  • Attached Guest House
  • Deck
  • Paul Ecke-Central Elementary Rated A
  • Two Primary Bedrooms
  • Main Floor Primary Bedroom

About This Home

As of June 2014

Oceanfront. This property is a rare oceanfront opportunity with three single level units. The property has over 3,800 sq.ft. which is 40% larger than the average oceanfront home. The two oceanfront units are 1,600 sq.ft. each with 3 bedroom layouts and broad oceanfront decks which provide you with great rental options and the possibility of conversion to a very large oceanfront home.Just a minutes walk to the famed "Stone Steps" surfing beach and a short ride into Encinitas' downtown which...cont in supp [Supplement]: which is quickly becoming the Center of the Golden North Coast with its quaint downtown, train stations, world class library, restaurants, lounges and Moonlight Beach Park.

Last Agent to Sell the Property

Doug Harwood

Coldwell Banker Realty License #00528073

Last Buyer's Agent

Kari de Burgh

Jonathan Corn, Broker License #00788252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,496

Year Built

  • Built in 1970

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x140
  • Ocean Front
  • Partially Fenced Property
  • Property is zoned Multi Resi

Property Views

  • Ocean
  • Panoramic
  • Bluff

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,800 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Fireplace
  • Home Office
  • Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Carport
  • Assigned Parking

Outdoor Features

  • Deck
  • Slab Porch or Patio

Additional Homes

  • Attached Guest House

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

Listing Details

  • Property Attached: No
  • Subdivision Name Other: ENCINITAS
  • View: Yes
  • Zoning: Multi Resi
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2563521000
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Living Area: 3800.00 Square Feet
  • Interior Amenities: Vacuum Central
  • Stories: 2
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Levels: Two
  • Price Per Square Foot: 539.47
  • Room Type: Basement, Main Floor Bedroom, Main Floor Master Bedroom, Office, Two Masters

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House Attached
  • View: Ocean, Panoramic
  • Fence: Yes
  • Fencing: Partial
  • Patio And Porch Features: Deck, Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Heating Type: Fireplace(s), Forced Air, Natural Gas
  • Laundry Features: Electric Dryer Hookup, Individual Room, Gas Dryer Hookup

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Bluff
  • Lot Size: 40x140
  • Lot Size Sq Ft: 5227.20
  • Lot Size Acres: 0.1200

Multi Family

  • Lot Size Area: 0.1200 Acres
  • 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
179
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

Map

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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $4,400,000 First American Title Company
Grant Deed $2,050,000 First American Title
Interfamily Deed Transfer -- North American
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- North American Title
Interfamily Deed Transfer -- North American Title
Interfamily Deed Transfer -- North American Title
Interfamily Deed Transfer -- North American Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,200,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,000,000 Unknown
Previous Owner $407,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $400,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $409,000 Unknown
Previous Owner $500,000 Credit Line Revolving
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

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

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 120021412

California Regional Multiple Listing Service (CRMLS)

APN: 256-352-10