$2,200,000
SOLD JAN 23, 2015
3 Beds
3 Baths
2,117 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$1,039 Per Sq Ft

7 Days on Market

Highlights

  • Eat-In Kitchen
  • Laundry Room
  • Wood Siding
  • Paul Ecke-Central Elementary Rated A
  • Cross Fenced
  • 3-minute walk to D Street Viewpoint Park

About This Home

As of May 2020

Ocean view a few steps from the end of E St and just two blocks to Moonlight Beach and the heart of Olde Encinitas. The lot has two legal addresses and appears to be an ideal location for building two high end condos. The front home (407) built in 1924 is a classic beach bungalow with sit down ocean views. In the back you have 405 which is a large studio with a stone fireplace. Attached to 405 is a charming, but unpermitted studio. Neighborhoods: Beach Architectural Style: Craftsman/Bungalow View: Craftsman/Bungalow Equipment: Satellite Dish Other Fees: 0 Sewer: Sewer Connected Topography: ,GSL

Last Agent to Sell the Property

Tom Cozens

First Team Real Estate License #01427067 Listed on: 11/06/2014

Last Buyer's Agent

John Wesley

Santa Clara County Association Of Realtors License #00365375

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $100,667

Year Built

  • Built in 1924

Lot Details

  • 5,227 Sq Ft Lot
  • Cross Fenced

Parking

  • Parking Available

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,117 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2581511400

Home Details

Home Type

Single Family

Est. Annual Taxes

$100,667

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Encinitas
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2581511400
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2117.00
  • Stories: 1
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 1039.21

Exterior Features

  • Fence: Yes
  • Fencing: Cross Fenced
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: Yes

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Natural Gas
  • Laundry Features: Electric Dryer Hookup, Individual Room

Lot Info

  • Lot Size Sq Ft: 5227.00

Multi Family

  • Lot Size Area: 5227.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2020
Sold by
Leddy Peter M and Leddy Laura
Bought by
47 Encinitas Llc
Current Estimated Value
$7,972,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,600,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2015
Sold by
Leddy Peter M and Leddy Laura J
Bought by
The Leddy Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 6, 2014
Closed on
Dec 17, 2014
Sold by
Blackwell Stanley B
Bought by
Blackwell Patricia
Seller's Agent
Tom Cozens
First Team Real Estate
Buyer's Agent
John Wesley
Santa Clara County Association Of Realtors
List Price
$2,200,000
Sold Price
$2,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.89%

Purchase Details

Closed on
Nov 17, 2014
Sold by
Blackwell Patricia
Bought by
Leddy Peter M and Leddy Laura

Purchase Details

Closed on
Jun 14, 2007
Sold by
Ley Leroy J
Bought by
Ley Leroy J and 2007 Leroy J Ley Ii Revocable

Purchase Details

Closed on
Dec 26, 2001
Sold by
Ley Winda
Bought by
Ley Leroy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
7.01%

Purchase Details

Closed on
Jun 12, 1998
Sold by
Ley Leroy Jackson and Ley Ii Leyroy J
Bought by
Ley Leroy Jackson and The Ley Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 1997
Sold by
Ley Roy J
Bought by
Ley Leroy Jackson and Ley Family Trust
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
Grant Deed $8,800,000 First American Title Company
Interfamily Deed Transfer -- Provident Title Company
Interfamily Deed Transfer -- Provident Title Company
Interfamily Deed Transfer -- Lawyers Title
Grant Deed $2,200,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- American Title Co
Interfamily Deed Transfer -- American Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $6,600,000 New Conventional
Previous Owner $1,000,000 New Conventional
Previous Owner $1,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $288,500 Fannie Mae Freddie Mac
Previous Owner $15,000 Credit Line Revolving
Previous Owner $80,000 Stand Alone Second
Previous Owner $141,000 Unknown
Previous Owner $139,000 No Value Available
Previous Owner $30,000 Credit Line Revolving
Previous Owner $86,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2020 05/21/20 Sold $8,800,000 -7.4% $1,623 / Sq Ft
02/18/2020 02/18/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $9,500,000 +331.8% $1,752 / Sq Ft
01/23/2015 01/23/15 Sold $2,200,000 0.0% $1,039 / Sq Ft
11/13/2014 11/13/14 Pending -- -- --
11/06/2014 11/06/14 For Sale $2,200,000 -- $1,039 / 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
2025 $100,667 $9,624,082 $7,655,521 $1,968,561
2024 $100,667 $9,435,375 $7,505,413 $1,929,962
2023 $98,157 $9,250,369 $7,358,249 $1,892,120
2022 $96,829 $9,068,990 $7,213,970 $1,855,020
2021 $94,858 $8,891,168 $7,072,520 $1,818,648
2020 $41,933 $3,921,789 $2,465,229 $1,456,560
2019 $41,068 $3,844,892 $2,416,892 $1,428,000
2018 $35,136 $3,270,522 $2,370,522 $900,000
2017 $191 $2,423,143 $2,323,042 $100,101
2016 $24,076 $2,233,549 $2,228,473 $5,076
2015 $1,557 $78,778 $61,882 $16,896
2014 -- $77,236 $60,670 $16,566
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 140060372

California Regional Multiple Listing Service (CRMLS)

APN: 258-151-14