NOT LISTED FOR SALE

387 Ocean View Ave Encinitas, CA 92024

Estimated Value: $1,541,000 - $2,835,000

4 Beds
2 Baths
2,225 Sq Ft
$980/Sq Ft Est. Value

Last Sold August 18, 2020

Last sale price $1,190,000 $535 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $13,340/month

61 Days on Market

Highlights

  • 0.41 Acre Lot
  • Fireplace in Primary Bedroom
  • Partially Fenced Property
  • Paul Ecke-Central Elementary Rated A
  • Laundry closet
  • Level Lot

About This Home

As of August 2020

Rare opportunity West of The 5 in lovely Encinitas to get an Ocean View home on a huge near half acre R3 lot. Property has solar, a new roof, new heating and cooling, updated downstairs bathroom and upgraded main sewer line. Ocean views from the over-sized second story master bedroom. With some TLC this home would be an absolute gem. The R3 zoning makes additional unit(s) and/or ADU a possibility. Great option for income potential or family compound.

Last Listed By

Chase Maher

eXp Realty of California, Inc. License #01982214 Listed on: 05/15/2020

eXp Realty of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,653

Year Built

  • Built in 1943

Lot Details

  • 0.41 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Property is zoned R3

Home Design

  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 2,225 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Full Size Washer or Dryer
  • Gas Dryer Hookup

Parking

  • 6 Parking Spaces
  • Driveway

Listing and Financial Details

  • Assessor Parcel Number 256-412-39-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,653

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Coastal North
  • Cross Street: Sunset Dr
  • Neighborhood: Encinitas
  • LP / Sq Ft: 528.09
  • Price Per Sq Ft: 534.83
  • SP/ Sq Ft: 534.83
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 1943
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Range/Oven
  • Fireplaces: 2
  • Fireplace: Fp In Living Room, Fp In Master Br
  • Total Bedrooms: 4
  • Bedrooms: 3
  • Master Bedroom Dimensions: 20x19
  • Optional Bedrooms: 1
  • Full Bathrooms: 2
  • Laundry Location: Closet Full Sized
  • Estimated Sq Ft: 2225
  • Total Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Non Garage Parking: Driveway
  • Garage Spaces: 6
  • Parking Spaces Total: 6

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Gas
  • Sewer/Septic: Sewer Connected
  • Water: Public
  • Heating: Fireplace, Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Community: ENCINITAS

Lot Info

  • Lot Size: .25 to .5 AC
  • Topography: Level, Slope Gentle
  • Zoning: R3
  • Assessor Parcel Number: 256-412-39-00
  • Estimated Lot Sq Ft: 17700
  • Estimated Number of Acres: 0.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Aug 10, 2020
Sold by
Almanza Michael Angel
Bought by
Davis Brett Michael and Johnson Blake Richard
Seller's Agent
Chase Maher
eXp Realty of California, Inc.
Buyer's Agent
Jennifer Dijulio
eXp Realty of California, Inc.
List Price
$1,295,000
Sold Price
$1,190,000
Premium/Discount to List
-$105,000
-8.11%
Total Days on Market
61
Current Estimated Value
$2,179,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$989,963
Avg. Annual Appreciation
13.24%
Original Mortgage
$952,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2019
Sold by
Almanza Michael Angel
Bought by
Almanza Michael Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 6, 2019
Sold by
Salinas Maria G
Bought by
Almanza Michael Angel

Purchase Details

Closed on
May 13, 2009
Sold by
Salinas Maria G
Bought by
Salinas Maria G and Maria G Salinas Trust

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
Davis Brett Michael $1,190,000 Ticor Title Company Of Ca
Almanza Michael Angel -- Wfg Title Co Of Ca San Diego
Almanza Michael Angel -- None Available
Salinas Maria G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Brett Michael $775,000
Closed Davis Brett Michael $952,000
Previous Owner Almanza Michael Angel $700,000
Previous Owner Salinas Maria G $470,000
Previous Owner Salinas Joe $275,500
Previous Owner Salinas Joe $67,000
Previous Owner Salinas Joe $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2020 08/18/20 Sold $1,190,000 0.0% $535 / Sq Ft
08/10/2020 08/10/20 Off Market $1,190,000 -- --
07/16/2020 07/16/20 Pending -- -- --
06/03/2020 06/03/20 Price Changed $1,175,000 -5.9% $528 / Sq Ft
05/27/2020 05/27/20 Price Changed $1,249,000 -3.5% $561 / Sq Ft
05/23/2020 05/23/20 Price Changed $1,294,500 0.0% $582 / Sq Ft
05/16/2020 05/16/20 For Sale $1,295,000 +8.8% $582 / Sq Ft
05/16/2020 05/16/20 Off Market $1,190,000 -- --
05/15/2020 05/15/20 For Sale $1,295,000 -- $582 / 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 $13,653 $1,262,837 $1,061,208 $201,629
2023 $13,315 $1,238,076 $1,040,400 $197,676
2022 $13,067 $1,213,800 $1,020,000 $193,800
2021 $12,856 $1,190,000 $1,000,000 $190,000
2020 $1,812 $143,439 $25,747 $117,692
2019 $1,780 $140,628 $25,243 $115,385
2018 $1,778 $137,872 $24,749 $113,123
2017 $191 $135,169 $24,264 $110,905
2016 $1,694 $132,520 $23,789 $108,731
2015 $1,793 $130,530 $23,432 $107,098
2014 $1,888 $127,974 $22,973 $105,001
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200022108

San Diego MLS

APN: 256-412-39