NOT LISTED FOR SALE

340 Neptune Ave Encinitas, CA 92024

Estimated Value: $4,107,855 - $5,850,000

3 Beds
2.5 Baths
2,474 Sq Ft
$2,040/Sq Ft Est. Value

Last Sold January 30, 2012

Last sale price $2,200,000 $889 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $30,791/month

121 Days on Market

Highlights

  • Ocean Front
  • Heated Spa
  • Contemporary Architecture
  • Paul Ecke-Central Elementary Rated A
  • Two Primary Bedrooms
  • Retreat

About This Home

As of January 2012

This is an exceptional architectural house located adjacent to the locally famous "Stone Steps" beach access. The 2500 square foot split level floorplan provides for the maximum use of the site and allows the master suite, living room and kitchen to all have unfettered whitewater ocean views while at the same time allowing for an oversized garage and storage areas underneath the house. The entire house is very light & sunny, adding to the pleasant open feeling this house projects

Last Listed By

Walter Shaffer

Walter Bert Shaffer, Broker License #00875202 Listed on: 09/01/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,560

Year Built

  • Built in 1993

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 130x40
  • Ocean Front
  • Cul-De-Sac
  • Corner Lot
  • Level Lot
  • Drip System Landscaping
  • Sprinklers on Timer
  • Property is zoned R-8

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Parking Available
  • Garage Door Opener

Property Views

  • Ocean
  • Panoramic
  • Mountain

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Fire Rated Drywall
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,474 Sq Ft Home
  • Central Vacuum
  • Fireplace
  • Formal Entry
  • Great Room
  • Family Room
  • Home Office
  • Loft
  • Bonus Room
  • Workshop
  • Home Gym
  • Intercom

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • Double Master Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Heated Spa
  • Covered patio or porch
  • Fire Pit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Phone System

Community Details

  • Seacoast Preservation Association, Phone Number (760) 505-5665

Listing and Financial Details

  • Assessor Parcel Number 2562821900

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,560

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Park Name: Ocean Front
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: ENCINITAS
  • View: Yes
  • Zoning: R-8
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2562821900
  • Year Built: 1993
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2474.00 Square Feet
  • Interior Amenities: Intercom, Phone System, Vacuum Central
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook
  • Fireplace Features: Fire Pit
  • Levels: Multi/Split
  • Price Per Square Foot: 889.25
  • Room Type: Bonus Room, Den, Exercise Room, Family Room, Formal Entry, Great Room, Loft, Office, Retreat, Two Masters, Workshop
  • Spa Features: Heated, Private

Exterior Features

  • Patio: Yes
  • Foundation: Concrete Perimeter
  • View: Mountain(s), Ocean, Panoramic
  • Patio And Porch Features: Covered, Slab
  • Pool Private: No
  • Roof: Tar/Gravel
  • Spa: Yes
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Electric Dryer Hookup, In Closet, Washer Included, Gas Dryer Hookup

Condo/Co-op/Association

  • Association Name: Seacoast Preservation
  • Phone: 760-505-5665
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Cul-De-Sac, Level, Sprinkler System, Sprinklers Drip System, Sprinklers Timer
  • Lot Size: 130x40
  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000

Multi Family

  • Lot Size Area: 4356.0000 Square Feet
  • Waterfront Features: Ocean Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2011
Closed on
Jan 4, 2012
Sold by
Pierce Donald R and Pierce Virginia M
Bought by
Bhardwaj Ratana Grace and Patel Pranav
Seller's Agent
Walter Shaffer
Walter Bert Shaffer, Broker
Buyer's Agent
Jaime Costa
Compass
List Price
$3,000,000
Sold Price
$2,200,000
Premium/Discount to List
-$800,000
-26.67%
Total Days on Market
121
Current Estimated Value
$5,045,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,845,964
Avg. Annual Appreciation
5.82%
Original Mortgage
$1,460,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 1999
Sold by
Pierce Donald R and Pierce Virginia M
Bought by
Pierce Donald R and Pierce Virginia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.73%

Purchase Details

Closed on
Dec 21, 1998
Sold by
Pierce Revocable Trust 03-27-92 and Donald R
Bought by
Pierce Donald R and Pierce Virginia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.73%

Purchase Details

Closed on
Feb 10, 1998
Sold by
Pierce Donald R and Pierce Virginia M
Bought by
Pierce Donald R and Pierce Virginia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
6.95%

Purchase Details

Closed on
Jan 29, 1998
Sold by
Pierce Revocable Trust 03-27-92 and Donald R
Bought by
Pierce Donald R and Pierce Virginia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
6.95%

Purchase Details

Closed on
May 12, 1997
Sold by
Pierce Donald R and Pierce Virginia M
Bought by
Pierce Donald R and Pierce Virginia M

Purchase Details

Closed on
Feb 13, 1997
Sold by
Pierce Donald R and Pierce Virginia M
Bought by
Pierce Donald R and Pierce Virginia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,900
Interest Rate
6.62%

Purchase Details

Closed on
Nov 26, 1996
Sold by
Pierce Donald R and Pierce Virginia M
Bought by
Pierce Donald R and Pierce Virginia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,850
Interest Rate
6.87%

Purchase Details

Closed on
Nov 15, 1993
Sold by
Pierce Donald R and Pierce Virginia M
Bought by
Pierce Donald R and Pierce Virginia M

Purchase Details

Closed on
Sep 29, 1993
Sold by
Pierce Virginia Marree
Bought by
Pierce Donald R and Pierce Virginia M

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
Bhardwaj Ratana Grace $2,200,000 First American Title Company
Pierce Donald R -- --
Pierce Donald R -- Southland Title
Pierce Donald R -- --
Pierce Donald R -- Southland Title
Pierce Donald R -- --
Pierce Donald R -- Southland Title
Pierce Donald R -- --
Pierce Donald R -- Southland Title
Pierce Donald R -- --
Pierce Donald R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhardwaj Ratana Grace $1,805,000
Closed Bhardwaj Ratana Grace $2,000,000
Closed Bhardwaj Ratana Grace $310,000
Closed Bhardwaj Ratana Grace $1,460,000
Previous Owner Pierce Donald R $135,000
Previous Owner Pierce Donald R $137,000
Previous Owner Pierce Donald R $137,900
Previous Owner Pierce Donald R $139,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2012 01/30/12 Sold $2,200,000 -26.7% $889 / Sq Ft
12/31/2011 12/31/11 Pending -- -- --
09/01/2011 09/01/11 For Sale $3,000,000 -- $1,213 / 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 $30,560 $2,821,069 $1,970,280 $850,789
2023 $29,751 $2,765,755 $1,931,648 $834,107
2022 $29,551 $2,711,525 $1,893,773 $817,752
2021 $28,838 $2,658,359 $1,856,641 $801,718
2020 $28,246 $2,631,102 $1,837,604 $793,498
2019 $27,665 $2,579,513 $1,801,573 $777,940
2018 $27,084 $2,528,936 $1,766,249 $762,687
2017 $191 $2,479,350 $1,731,617 $747,733
2016 $25,627 $2,430,736 $1,697,664 $733,072
2015 $25,122 $2,379,225 $1,672,164 $707,061
2014 $23,844 $2,254,187 $1,639,409 $614,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 110054287

California Regional Multiple Listing Service (CRMLS)

APN: 256-282-19