$3,500,000
SOLD SEP 3, 2024
4 Beds
3 Baths
1,888 Sq Ft
5,254 Sq Ft Lot

Recently Sold

$1,854 Per Sq Ft

5% Below List Price

81 Days on Market

Highlights

  • Property has ocean access
  • In Ground Spa
  • Updated Kitchen
  • Paul Ecke-Central Elementary Rated A
  • Primary Bedroom Suite
  • Maid or Guest Quarters

About This Home

As of September 2024

Bali-inspired beach bungalow with meticulously maintained front yard. It’s on the best street in town and the best part of Neptune just a few doors down from Stonesteps Beach. When you step inside, the open floorplan leads you from the front door, out back to a brand new expansive Brazilian Ipe deck (approx 1500sf). Solid construction to last a lifetime with the benches, stairs, and stringers made of Ipe. No expense spared with solid 3/16 stainless hardware and cable rails. The perfect spot to enjoy a cup of coffee as the sun rises and a relaxing dip in the spa as the day fades to another glorious end. The main home’s interior features recently updated top-of-the-line Andersen windows and sliding doors, Solid Oak hardwood kitchen cabinetry and flooring, a large island, imported custom teak interior doors, solid teak vanities, and leathered granite showers in each bathroom. Owned solar with Tesla battery backup included (6.5 kilowatts across 19 panels installed by Semper Solaris about 2 years ago). As you follow the well-crafted solid hardwood stairs down to the back you will find a spacious 1 bd/1 ba granny flat/ADU for guests or Rental Income! Full kitchen, bathroom with brand new shower, and walk-in closet. The downstairs roof (between downstairs unit and back deck) was replaced in 2022 before the deck was built (50-year torch down). 425 Neptune is located in one of the best communities in Encinitas; you’ll never want to leave!

Last Agent to Sell the Property

Julie Hambarian

Stonesteps Realty License #01872045 Listed on: 05/27/2024

Last Buyer's Agent

Margaux Burdick

Nancarrow Realty Group License #02161838

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,794

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 5,254 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Fence is in average condition
  • Level Lot
  • Front Yard Sprinklers
  • Private Yard
  • Property is zoned R-2 Minor Multiple

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Bungalow
  • Pillar, Post or Pier Foundation
  • Combination Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,888 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Skylights
  • Double Pane Windows
  • Window Screens
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Six Burner Stove
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Upgraded Bathroom
  • Maid or Guest Quarters
  • Granite Bathroom Countertops
  • <<tubWithShowerToken>>
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Pool

  • In Ground Spa
  • Above Ground Spa

Outdoor Features

  • Property has ocean access
  • Deck
  • Wood patio
  • Exterior Lighting

Location

  • Property is near public transit

Schools

  • La Costa Canyon High School

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Tax Lot Tr 1800 Blk F Lot 23 All
  • Tax Tract Number 1800
  • Assessor Parcel Number 2562812200

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,794

Year Built

Built in 1960 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Inclusions: Owned Solar, Spa, ADU appliances, Main home appliances
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R-2 Minor Multiple
  • Architectural Style: Bungalow
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2562812200
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1888.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Stone Counters, Unfurnished
  • Stories: 1
  • Entry Location: Street/Front
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 550.00 Square Feet
  • Door Features: Sliding Doors
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1853.81
  • Room Type: Family Room, Guest/Maid's Quarters, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite
  • Spa Features: Above Ground, In Ground, Private
  • Window Features: Double Pane Windows, Screens, Skylight(s)
  • Bathroom Features: Granite Counters, Upgraded, Walk-In Shower, Shower In Tub, Bathtub
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Combination, Concrete Perimeter, Pillar/Post/Pier
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Average Condition, Wood
  • Patio And Porch Features: Deck, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, Garage Door Opener, Street
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Underground Utilities, Electricity Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, In Kitchen, Washer Included

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Biking, Watersports

Schools

  • School District: Encinitas Union
  • High School: La Costa Canyon
  • High School: La Costa Canyon
  • High School2: LCCHS

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Level with Street, Near Public Transit, Sprinklers In Front, Yard
  • Lot Size Sq Ft: 5254.00
  • Lot Size Acres: 0.1206

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5254.0000 Square Feet
  • Number Of Units In Community: 100
  • Waterfront Features: Ocean Access

Tax Info

  • Tax Lot: Tr 1800 Blk F Lot 23 All
  • Tax Tract Number: 001800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2024
Closed on
Aug 28, 2024
Sold by
Kenneth Ray Warfle and Wanlapha Theekhio
Bought by
Bed Realty Holdings Llc
Seller's Agent
Julie Hambarian
Stonesteps Realty
Buyer's Agent
Margaux Burdick
Nancarrow Realty Group
List Price
$3,699,000
Sold Price
$3,500,000
Premium/Discount to List
-$199,000
-5.38%
Views
152
Current Estimated Value
$3,481,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,624
Avg. Annual Appreciation
-0.61%

Purchase Details

Closed on
Sep 1, 2020
Sold by
Warfle Kenneth Ray
Bought by
Warfle Kenneth Ray and Theekhio Wanlapha

Purchase Details

Closed on
Oct 5, 2018
Sold by
Warfie Kenneth Ray and Warfle Wanlapha
Bought by
Warfle Kenneth Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 20, 2007
Sold by
Warfle Kenneth Ray
Bought by
Warfle Kenneth Ray

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
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2001
Sold by
Hedges Julie Ann and Hedges Nicholas
Bought by
Warfle Kenneth Ray

Purchase Details

Closed on
Mar 26, 1997
Sold by
Warfle Kenneth R
Bought by
Hedges Nicholas J and Hedges Julie A

Purchase Details

Closed on
Mar 1, 1988

Purchase Details

Closed on
Jul 18, 1983
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 $3,500,000 Wfg National Title Company Of
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Pacific Coast Title Company
Interfamily Deed Transfer -- Pacific Coast Title Company
Interfamily Deed Transfer -- New Century Title Company
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $275,000 --
Deed $175,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $405,000 Adjustable Rate Mortgage/ARM
Previous Owner $300,000 Credit Line Revolving
Previous Owner $700,000 New Conventional
Previous Owner $200,000 Stand Alone Second
Previous Owner $210,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2024 09/03/24 Sold $3,500,000 -5.4% $1,854 / Sq Ft
08/16/2024 08/16/24 Pending -- -- --
08/01/2024 08/01/24 Price Changed $3,699,000 0.0% $1,959 / Sq Ft
08/01/2024 08/01/24 For Sale $3,699,000 +5.7% $1,959 / Sq Ft
08/01/2024 08/01/24 Off Market $3,500,000 -- --
05/27/2024 05/27/24 For Sale $3,899,000 -- $2,065 / 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 $9,794 $811,051 $521,393 $289,658
2023 $9,378 $795,149 $511,170 $283,979
2022 $9,280 $779,559 $501,148 $278,411
2021 $8,999 $764,274 $491,322 $272,952
2020 $8,774 $756,439 $486,285 $270,154
2019 $8,607 $741,607 $476,750 $264,857
2018 $8,383 $727,066 $467,402 $259,664
2017 $8,195 $712,811 $458,238 $254,573
2016 $7,974 $698,835 $449,253 $249,582
2015 $7,905 $688,339 $442,505 $245,834
2014 $7,793 $674,856 $433,837 $241,019
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2404597

California Regional Multiple Listing Service (CRMLS)

APN: 256-281-22