NOT LISTED FOR SALE

294 Neptune Ave Encinitas, CA 92024

Estimated Value: $6,495,984 - $7,487,000

4 Beds
3 Baths
2,760 Sq Ft
$2,531/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $7,162,500 $2,595 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $43,791/month

203 Days on Market

Highlights

  • Ocean Front
  • Updated Kitchen
  • Main Floor Bedroom
  • Paul Ecke-Central Elementary Rated A
  • Fireplace in Primary Bedroom
  • Great Room

About This Home

As of April 2024

Welcome to Ocean front beach life at 294 Neptune Avenue. This newly renovated home offers panoramic views from La Jolla to San Clemente, gorgeous sunsets, quick beach access, and detached 3-Car Garage. This exclusive residence consists of 4 Bedrooms, 3 bathrooms and a study/den totaling 2,760 sq. ft of living space. The home has just been tastefully updated to provide an ideal blending of modern luxury and coastal charm. The kitchen opens to the dining and family room with sit down, unobstructed ocean views. New Thermador appliances include the Refrigerator, Dishwasher, Microwave, built-in coffee maker, wine refrigerator & a 6-Burner gas Viking Range. The marble kitchen island is ideally positioned and offers ample prep area, bar seating, cabinet space, and essentially anchors the entire great room area for family and social gatherings. The main area has been updated with new luxury vinyl flooring and a built-in sound system. The 4-panel sliding glass door system can completely disappear allowing for an indoor/outdoor living experience connecting you to bluff side nature, ocean sounds, sights, and breezes. The expansive, level outdoor patio area is improved with a built-in BBQ, sink, refrigerator, ice maker, and bar seating. The string lighting and fire pit finish off the bluff-top setting. Other main floor updates include two completely remodeled bathrooms, an updated laundry room with ample counter and storage space, and new interior doors. Both back rooms have an extra loft as well.  Heading up to the large primary bedroom, one will experience a completely remodeled bathroom with a soaking tub, shower enclosure, dual sinks, marble mosaic flooring, and tasteful lighting throughout.  Situated in the wood ceiling paneling are two remote controlled skylights providing both natural lighting and fresh air. Combined, the spacious bedroom area, remodeled bathroom, automated window treatments, and gas fireplace establish a private haven within your own home.  Finally, the built-in Sonos sound system offers effortless, customizable, and astonishing clear listening throughout most of the residence and outdoor Mariner Speakers, with wireless access points throughout the house.  The property utilizes Araknis Networking and is surrounded with an eight camera security system that provides crystal-clear video in Full HD for both daytime and nighttime surveillance. New primary bedroom TV with Apple TV and Dishnetwork. All audio/visual equipment installed and housed in a beautiful rack system with two new remote controls.  Moonlight Beach is a short walkable distance to the south. Walk or ebike to downtown Encinitas or one of several Leucadia restaurants along old Hwy 101.

Last Listed By

Keith Wagner

Realty Place Brokerage Email: wagnerproperties@cox.net License #00948925 Listed on: 09/01/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,265

Year Built

  • Built in 1995 | Remodeled

Lot Details

  • 5,216 Sq Ft Lot
  • Ocean Front
  • Back Yard
  • Property is zoned R-2:Minor Multiple

Parking

  • 3 Car Garage
  • Parking Available
  • Three Garage Doors

Property Views

  • White Water Ocean
  • Catalina
  • Panoramic
  • Bluff

Home Design

  • Turnkey

Interior Spaces

  • 2,760 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Custom Window Coverings
  • Blinds
  • Window Screens
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Home Office
  • Closed Circuit Camera
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Gas Oven or Range
  • Six Burner Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Outdoor Features

  • Stone Porch or Patio
  • Fire Pit
  • Outdoor Grill

Utilities

  • Central Air
  • No Heating
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Tract Number 1800
  • Assessor Parcel Number 2563520600

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,265

Year Built

Built in 1995 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Closed Circuit Camera(s)
  • View: Yes
  • Zoning: R-2:Minor Multiple
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2563520600
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2760.00 Square Feet
  • Stories: 2
  • Entry Location: North Side of Home
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Family Room, Fire Pit, Primary Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2595.11
  • Room Type: Family Room, Great Room, Kitchen, Laundry, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Office, Walk-In Closet
  • Window Features: Blinds, Custom Covering, Screens, Skylight(s)
  • Bathroom Features: Double Sinks In Bath(s), Double Sinks In Primary Bath, Exhaust Fan(s), Remodeled, Soaking Tub, Upgraded, Walk-In Shower, Shower, Bathtub
  • Room Kitchen Features: Kitchen Open To Family Room, Kitchen Island, Pots & Pan Drawers, Remodeled Kitchen, Self-Closing Drawers, Stone Counters

Exterior Features

  • Patio: Yes
  • View: Catalina, Ocean, Panoramic, Water, White Water
  • Fence: No
  • Patio And Porch Features: Stone
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In, Dishwasher, Disposal, Gas Cooking, Microwave, Range Hood, Refrigerator, Water Heater
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: San Dieguito Union

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Bluff, Waterfront
  • Lot Size Sq Ft: 5216.00
  • Lot Size Acres: 0.1197

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5216.0000 Square Feet
  • Number Of Units In Community: 1
  • Waterfront Features: Ocean Front

Tax Info

  • Tax Tract Number: 001800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2023
Closed on
Mar 29, 2024
Sold by
Kash Daniel
Bought by
Timmer Family Trust and Timmer
Seller's Agent
Keith Wagner
Realty Place
Buyer's Agent
Mary Kleinbardt
Windermere Preferred Properties
List Price
$8,195,000
Sold Price
$7,162,500
Premium/Discount to List
-$1,032,500
-12.6%
Total Days on Market
203
Views
359
Current Estimated Value
$6,985,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$176,839
Avg. Annual Appreciation
-2.23%

Purchase Details

Listed on
Oct 4, 2014
Closed on
Jun 25, 2015
Sold by
Maltz Llc
Bought by
Kash Daniel
Seller's Agent
Gary Martin
Gary Martin, Broker
Buyer's Agent
Keith Wagner
Realty Place
List Price
$4,550,000
Sold Price
$4,550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$2,957,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 6, 2004
Sold by
Refold Jay M and Refold Debra L
Bought by
Maltz Llc

Purchase Details

Closed on
Jul 29, 2002
Sold by
Burwell Orrin E and Burwell Edith M
Bought by
Refold Jay M and Refold Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
5%

Purchase Details

Closed on
May 4, 1995
Sold by
Burwell Orrin E and Burwell Edith M
Bought by
Burwell Orrin E and Burwell Edith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
8.47%

Range of Values:

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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
Timmer Family Trust $7,162,500 Chicago Title
Kash Daniel $4,550,000 Fidelity National Title Sd
Maltz Llc $4,000,000 Fidelity National Title Co
Refold Jay M $1,500,000 New Century Title Company
Burwell Orrin E -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Timmer Family Trust $1,000,000
Previous Owner Kash Daniel $750,000
Previous Owner Kash Daniel $4,000,000
Previous Owner Kash Daniel $2,500,000
Previous Owner Kash Daniel $2,957,000
Previous Owner Refold Jay M $1,050,000
Previous Owner Burwell Orrin E $84,000
Previous Owner Burwell Orrin E $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $7,162,500 -12.6% $2,595 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
09/01/2023 09/01/23 For Sale $8,195,000 +80.1% $2,969 / Sq Ft
08/21/2015 08/21/15 Sold $4,550,000 0.0% $1,649 / Sq Ft
06/17/2015 06/17/15 Pending -- -- --
10/04/2014 10/04/14 For Sale $4,550,000 -- $1,649 / 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 $56,265 $5,280,575 $3,249,585 $2,030,990
2023 $54,923 $5,177,035 $3,185,868 $1,991,167
2022 $54,054 $5,075,525 $3,123,400 $1,952,125
2021 $48,531 $4,550,000 $4,000,000 $550,000
2020 $48,414 $4,550,000 $4,000,000 $550,000
2019 $48,355 $4,828,496 $2,971,382 $1,857,114
2018 $50,321 $4,733,820 $2,913,120 $1,820,700
2017 $49,495 $4,641,000 $2,856,000 $1,785,000
2016 $47,912 $4,550,000 $2,800,000 $1,750,000
2015 $37,992 $3,600,000 $2,520,000 $1,080,000
2014 $35,889 $3,400,000 $2,380,000 $1,020,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2306849

California Regional Multiple Listing Service (CRMLS)

APN: 256-352-06