$1,500,000
SOLD MAY 29, 2014

345 Fulvia St Encinitas, CA 92024

4 Beds
3 Baths
2,422 Sq Ft
0.3 Acres

Recently Sold

$619 Per Sq Ft

14% Below List Price

84 Days on Market

Highlights

  • Community Beach Access
  • Ocean View
  • Community Barbecue Grill
  • Paul Ecke-Central Elementary Rated A
  • In Ground Spa
  • Laundry Facilities

About This Home

As of May 2014

Authentic Leucadia at its finest! Rare opportunity to live the coastal lifestyle on one of the best streets in the area. Panoramic ocean views and sunsets make coming home the best part of your day. The 3 BD / 2 BA main house offers a flexible floorplan with relaxing front patio & spacious view deck. The 2 car detached garage offers a half bath and outdoor shower for convenience. Attached 1B/1B accessory unit boast a private, separate entrance with additional patio space. Remodeled kitchen includes a 36" Bertazzoni range & custom tile countertops. The inviting living room welcomes you with a cozy fireplace and fantastic ocean views to the horizon. Walk through the French doors of your master suite to your beautifully manicured backyard. Master bath shows off custom tile and slate flooring. Additional fireplace in your downstairs family room also adds to the warm interior of this home. Backyard provides for a peaceful retreat. Let your creativity flow in your 10x10 Garden house, perfect for an office, art/yoga studio or playhouse for the kids. Rinse off at your outdoor shower after spending the day at the beach. Soak in your saltwater spa to complete your day in perfect style. Close & convenient to shopping, freeway, beaches and golf courses. This is an opportunity not to be missed!

Last Agent to Sell the Property

Brent Ringoot

Berkshire Hathaway HomeServices California Properties License #01378916 Listed on: 03/01/2014

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Joan Taylor

Coldwell Banker Realty License #01734941

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,076

Year Built

  • Built in 1957

Lot Details

  • 0.3 Acre Lot
  • Property is Fully Fenced

Property Views

  • Ocean
  • Panoramic

Home Design

  • Composition Roof
  • Wood Siding

Schools

  • San Dieguito High School District Middle School
  • San Dieguito High School District

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • In Ground Spa

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 256-253-10-00

Community Details

Overview

  • 2 Units
  • Leucadia Community

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Community Beach Access
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $52,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,076

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: Leucadia Blvd
  • Neighborhood: Leucadia
  • Supplement: Remodeled kitchen includes a 36" Bertazzoni range & custom tile countertops. The inviting living room welcomes you with a cozy fireplace and fantastic ocean views to the horizon. Walk through the French doors of your master suite to your beautifully manicured backyard. Master bath shows off custom tile and slate flooring. Additional fireplace in your downstairs family room also adds to the warm interior of this home. Backyard provides for a peaceful retreat. Let your creativity flow in your 10x10 Garden house, perfect for an office, art/yoga studio or playhouse for the kids. Rinse off at your outdoor shower after spending the day at the beach. Soak in your saltwater spa to complete your day in perfect style. Close & convenient to shopping, freeway, beaches and golf courses. This is an opportunity not to be missed!
  • LP / Sq Ft: 24.68
  • Stories: 2 Story
  • Sale Price List Price: 0.94
  • Total Stories: 2
  • Year Built: 1957
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 1
  • School District Old: San Dieguito Union High
  • Walk Score Desc: Car Dependent
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood
  • Fencing: Full
  • Roof: Composition
  • Spa: Private Below Ground
  • Spa Heat: Gas
  • View: Ocean, Panoramic

Utilities

  • Sewer/Septic: Sewer Connected
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Complex Name: Leucadia
  • Pets Allowed: Yes
  • Community: LEUCADIA
  • Complex Features: BBQ, Beach Rights, Laundry Facilities, Pool, Spa/Hot Tub

Schools

  • School District URL: http://www.sduhsd.net/
  • High School: San Dieguito High School District
  • Middle School Url: http://www.sduhsd.net/
  • Middle School: San Dieguito High School District

Lot Info

  • Lot Size: .25 to .5 AC
  • Water District: SAN DIEGUITO WATER DISTRICT
  • Zoning: 2
  • Assessor Parcel Number: 256-253-10-00
  • Land Use Code: R1
  • Estimated Lot Sq Ft: 13100
  • Map Code Column: B
  • Map Code Page: 1147
  • Map Code Row: 4

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 52800
  • Gross Rent Multiplier Actual: 31.25
  • Gross Rent Multiplier Projected: 25.46
  • Gross Sched Income Actual: 52800
  • Gross Sched Income Projected: 64800
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 1
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 1

Tax Info

  • Assessor Parcel Number: 345Fulvia92024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2021
Sold by
Petersen Mark V and Petersen Patricia F
Bought by
Petersen Mark V and Petersen Patricia F
Current Estimated Value
$3,096,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,328,217
Outstanding Balance
$1,205,330
Interest Rate
3.05%
Mortgage Type
VA
Estimated Equity
$1,979,201

Purchase Details

Closed on
Feb 25, 2020
Sold by
Petersen Mark V and Petersen Patricia F
Bought by
Petersen Mark V and Petersen Patricia F

Purchase Details

Closed on
Aug 19, 2019
Sold by
Petersen Mark V
Bought by
Petersen Mark V and Petersen Patricia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,326,372
Interest Rate
3.8%
Mortgage Type
VA

Purchase Details

Closed on
Oct 30, 2014
Sold by
Grant Patricia F
Bought by
Petersen Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,255,095
Interest Rate
3.25%
Mortgage Type
VA

Purchase Details

Listed on
Mar 16, 2014
Closed on
Apr 28, 2014
Sold by
Patterson Mark D
Bought by
Petersen Mark and Grant Patricia F
Seller's Agent
Brent Ringoot
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Joan Taylor
Coldwell Banker Realty
List Price
$1,750,000
Sold Price
$1,500,000
Premium/Discount to List
-$250,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$1,200,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 14, 2010
Sold by
Patterson Mark D
Bought by
Patterson Mark D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$666,544
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2010
Sold by
Patterson Mark D
Bought by
Patterson Mark D

Purchase Details

Closed on
Oct 13, 2008
Sold by
Patterson Mark D
Bought by
Patterson Mark D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
5.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 12, 2005
Sold by
Patterson Mark D
Bought by
Patterson Mark D and Mark D Patterson Trust Of 2000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2005
Sold by
Patterson Mark D
Bought by
Patterson Mark D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2003
Sold by
Patterson Mark D
Bought by
Patterson Mark D

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
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2001
Sold by
Patterson Mark D
Bought by
Patterson Mark D

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
7.12%

Purchase Details

Closed on
Aug 23, 2001
Sold by
Garrett Lane and Straeter Garrett Kelly J
Bought by
Patterson Mark D

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
7.12%

Purchase Details

Closed on
Oct 15, 1999
Sold by
Martin Helen H
Bought by
Garrett Lane and Straeter Garrett Kelly J

Purchase Details

Closed on
Jun 12, 1998
Sold by
Earl Robert E and Earl Encarnacion V
Bought by
Martin Helen H
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 Type Sale Price Title Company
Interfamily Deed Transfer -- Elevated Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Elevated Title
Quit Claim Deed -- Equity Title
Grant Deed $1,500,000 California Title Company
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 -- Old Republic
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- First American Title Ins Co
Grant Deed $675,000 First American Title
Grant Deed $475,000 Fidelity National Title
Grant Deed -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Credit Line Revolving
Open $1,328,217 VA
Closed $1,339,256 VA
Closed $1,326,372 VA
Closed $65,000 Credit Line Revolving
Closed $1,256,800 VA
Closed $1,265,596 VA
Closed $1,255,095 VA
Previous Owner $1,200,000 Adjustable Rate Mortgage/ARM
Previous Owner $666,544 New Conventional
Previous Owner $106,000 Unknown
Previous Owner $684,000 New Conventional
Previous Owner $35,744 Construction
Previous Owner $160,000 Credit Line Revolving
Previous Owner $612,000 New Conventional
Previous Owner $160,000 Credit Line Revolving
Previous Owner $612,000 New Conventional
Previous Owner $125,000 Credit Line Revolving
Previous Owner $500,000 Purchase Money Mortgage
Previous Owner $500,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2014 05/29/14 Sold $1,500,000 0.0% $619 / Sq Ft
05/29/2014 05/29/14 Sold $1,500,000 -6.2% $619 / Sq Ft
04/26/2014 04/26/14 Pending -- -- --
04/26/2014 04/26/14 Pending -- -- --
04/13/2014 04/13/14 Price Changed $1,599,000 -8.6% $660 / Sq Ft
03/01/2014 03/01/14 For Sale $1,750,000 0.0% $723 / Sq Ft
02/01/2014 02/01/14 For Sale $1,750,000 0.0% $723 / Sq Ft
01/16/2012 01/16/12 Rented $4,500 0.0% --
01/16/2012 01/16/12 For Rent $4,500 -- --
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 $16,076 $1,453,460 $741,733 $711,727
2023 $15,646 $1,424,962 $727,190 $697,772
2022 $15,292 $1,397,023 $712,932 $684,091
2021 $15,056 $1,369,631 $698,953 $670,678
2020 $16,808 $1,355,589 $691,787 $663,802
2019 $16,594 $1,329,010 $678,223 $650,787
2018 $16,311 $1,302,952 $664,925 $638,027
2017 $191 $1,277,405 $651,888 $625,517
2016 $20,045 $1,205,358 $639,106 $566,252
2015 $11,885 $1,103,531 $629,507 $474,024
2014 $10,022 $928,360 $512,169 $416,191
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 140011021

San Diego MLS

APN: 256-253-10