NOT LISTED FOR SALE

32-34 E I St Encinitas, CA 92024

Estimated Value: $2,008,000 - $3,326,000

4 Beds
4 Baths
2,100 Sq Ft
$1,354/Sq Ft Est. Value

Last Sold October 19, 2017

Last sale price $1,450,000 $690 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $18,261/month

38 Days on Market

Highlights

  • Partially Fenced Property
  • Paul Ecke-Central Elementary Rated A
  • 1-minute walk to Mildred MacPherson Park

About This Home

As of October 2017

This duplex is walking distance to the ocean complete with views and enormous ocean facing view deck! Remodeled in 2010, these units have been very well kept and are within walking distance to beach access, a sports park, & all of the fun that HWY 101 offers! Don't miss your chance to own an investment property in one of the strongest appreciating markets in the county! Sale will be AS IS and seller will be participating in a 1031 exchange.

Last Agent to Sell the Property

Ashley Younger

Sentry Residential Inc. License #01989376 Listed on: 08/10/2017

Last Buyer's Agent

Emil Jabre

Equity Plus Financial License #01029293

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,359

Year Built

  • Built in 1974

Lot Details

  • 0.98

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Partially Fenced Property
  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for gardener
  • Assessor Parcel Number 258-216-12-00

Community Details

Overview

  • 2 Units
  • Beach Community

Building Details

  • Net Operating Income $69,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,359

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: S Vulcan Ave
  • Neighborhood: Encinitas Highlands
  • Stories: 2 Story
  • Sale Price List Price: 0.91
  • Total Stories: 2
  • Year Built: 1974
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Heat Equipment: Radiant

Condo/Co-op/Association

  • Complex Name: Beach
  • Community: ENCINITAS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Water District: SAN DIEGUITO WATER DISTRICT
  • Assessor Parcel Number: 258-216-12-00
  • Land Use Code: R-2

Rental Info

  • Tenant Pays: Gardener

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 69000
  • Annual Expense Actual: 10200
  • Gross Rent Multiplier Actual: 30.9
  • Gross Sched Income Actual: 79200
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2019
Sold by
Holcroft Natalie
Bought by
Holcroft Natalie Ruth and Natalie Holcroft Revocable Tru
Total Days on Market
38
Current Estimated Value
$2,842,913

Purchase Details

Closed on
Jun 26, 2018
Sold by
Abitbol Jean Jacques and Jean Jacques Abitbol Living Tr
Bought by
Holcroft Christopher and Holcroft Natalle

Purchase Details

Listed on
Aug 10, 2017
Closed on
Oct 16, 2017
Sold by
Erickson Systems Llc
Bought by
Abitbol Jean Jacques and Jean Jacqus Abitbol Living Tru
Seller's Agent
Ashley Younger
Sentry Residential Inc.
Buyer's Agent
Emil Jabre
Equity Plus Financial
List Price
$2,455,000
Sold Price
$1,450,000
Premium/Discount to List
-$1,005,000
-40.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.21%

Purchase Details

Closed on
Mar 13, 2012
Sold by
Erickson Dulin Leslie
Bought by
Erickson Systems Llc

Purchase Details

Closed on
Jan 25, 2007
Sold by
Erickson Dulin Leslie
Bought by
Erickson Dulin Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 1992

Purchase Details

Closed on
Sep 14, 1984
Source: Public Records

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Range of Values:

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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
Holcroft Natalie Ruth -- None Available
Holcroft Natalie Ruth -- None Available
Holcroft Christopher $2,350,000 Stewart Title Of California
Holcroft Christopher $2,350,000 Stewart Title Of California
Abitbol Jean Jacques $1,450,000 Fidelity National Title
Abitbol Jean Jacques $1,450,000 Fidelity National Title
Erickson Systems Llc -- None Available
Erickson Systems Llc -- None Available
Erickson Dulin Leslie -- Accommodation
Erickson Dulin Leslie -- Lawyers Title
Erickson Dulin Leslie -- Accommodation
Erickson Dulin Leslie -- Lawyers Title
-- $324,000 --
-- $324,000 --
-- $167,900 --
-- $167,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holcroft Christopher $600,000
Previous Owner Erickson Dulin Leslie $400,000
Previous Owner Erickson Dulin Leslie $460,000
Previous Owner Erickson Dulin Leslie $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2017 10/19/17 Sold $1,450,000 -9.4% $690 / Sq Ft
09/18/2017 09/18/17 Pending -- -- --
09/13/2017 09/13/17 Price Changed $1,600,000 -34.8% $762 / Sq Ft
08/10/2017 08/10/17 For Sale $2,455,000 -- $1,169 / Sq Ft
Source: San Diego MLS

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 $28,359 $2,621,465 $2,119,484 $501,981
2023 $27,619 $2,570,065 $2,077,926 $492,139
2022 $27,078 $2,519,673 $2,037,183 $482,490
2021 $26,821 $2,470,269 $1,997,239 $473,030
2020 $26,499 $2,444,940 $1,976,760 $468,180
2019 $25,958 $2,397,000 $1,938,000 $459,000
2018 $16,065 $1,450,000 $1,400,000 $50,000
2017 $5,903 $483,976 $201,240 $282,736
2016 $5,786 $474,488 $197,295 $277,193
2015 $5,707 $467,362 $194,332 $273,030
2014 $5,577 $458,208 $190,526 $267,682
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 170042059

San Diego MLS

APN: 258-216-12