NOT LISTED FOR SALE

461 Ocean View Ave Unit 2 Encinitas, CA 92024

Estimated Value: $1,403,000 - $1,460,000

2.99 Acres
$478,763 Price per Acre
130,244 Sq Ft Lot

Last Sold August 29, 2023

Last sale price $1,511,250

Est. 8% increase in value since last sale

Current estimated payment $10,425/month

487 Days on Market

Highlights

  • 2.99 Acre Lot
  • Gentle Sloping Lot
  • West of 5 Freeway
  • Paul Ecke-Central Elementary Rated A

About This Lot

As of August 2023

Incredible opportunity for a builder, developer or individual to purchase this residential lot in Encinitas, West of I-5! This 2.99-acre lot is located just a short five-minute drive to Moonlight State Beach. Keep it as a large lot or sub-divide to create more opportunities. Close to shopping, entertainment, dining, and freeway access.

Last Listed By

Mark Mendenhall

Ensign Realty License #01824070 Listed on: 03/26/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,057

Lot Details

  • 2.99 Acre Lot
  • Property fronts a freeway
  • Gentle Sloping Lot
  • Property is zoned R-3

Schools

  • Encinitas Union School District Elementary School
  • San Dieguito High School District Middle School
  • San Dieguito High School District

Additional Features

  • West of 5 Freeway
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 256-313-34-00

Property Details

Property Type

Land

Est. Annual Taxes

$16,057

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Type: Lots/Land
  • Market Area: Coastal North
  • Neighborhood: Encinitas/W of I-5
  • Cross Street: Sunset Drive
  • Price Per Sq Ft: 505434.78
  • Sale Price List Price: 0.8
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: Freeway

Utilities

  • Sewer/Septic: Sewer Available
  • Water: Meter On Property

Condo/Co-op/Association

  • Community: Encinitas

Schools

  • School District URL: Http://Www.Sduhsd.Net/
  • Elementary School: Encinitas Union School District
  • Elementary School Website: http://www.eusd.k12.ca.us/
  • 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: 2+ To 4 Ac
  • Site: Public Street, Street Paved, West Of I-5
  • Topography: Rolling, Slope Gentle
  • Water District: San Dieguito Water District
  • Zoning: R-3
  • Estimated Lot Sq Ft: 130244
  • Estimated Number of Acres: 2.99
  • Assessor Parcel Number: 256-313-34-00
  • Current Use: Residential
  • Lot Number: 2
  • Map Code Column: C
  • Map Code Page: 1147
  • Map Code Row: 5
  • Parcel Map Number: 00180

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2022
Closed on
Aug 11, 2023
Sold by
Tpd Ocean View Llc
Bought by
J And N Brooks Trust and Brooks
Seller's Agent
Mark Mendenhall
Ensign Realty
Buyer's Agent
Sean Stapleton
Sean Stapleton, Broker
List Price
$1,900,000
Sold Price
$1,511,250
Premium/Discount to List
-$388,750
-20.46%
Total Days on Market
487
Views
88
Current Estimated Value
$1,639,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,750
Avg. Annual Appreciation
-3.18%

Purchase Details

Closed on
Apr 13, 2016
Sold by
American Spectrum Dunham Properties Llc
Bought by
Tpd Ocean View Llc

Purchase Details

Closed on
Dec 11, 2013
Sold by
D & A Daily Mortgage Fund Iii Lp
Bought by
American Spectrum Dunham Properties Llc

Purchase Details

Closed on
Nov 16, 2009
Sold by
Khamjani Bahram Ghadiri and Alavi Jaleh
Bought by
D & A Daily Mortgage Fund Iii Lp

Purchase Details

Closed on
Jul 1, 2005
Sold by
Khamjani Bahram Ghadiri and Alavi Jaleh
Bought by
Khamjani Bahram Ghadiri and Alavi Jaleh

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
5.58%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Range of Values:

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Average Value
Not Available
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
J And N Brooks Trust $1,511,500 Lawyers Title Company
Tpd Ocean View Llc -- Chicago Title Company
American Spectrum Dunham Properties Llc $1,251,000 First American Tttle
D & A Daily Mortgage Fund Iii Lp $500,000 None Available
Khamjani Bahram Ghadiri -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tpd Ocean View Llc $1,800,000
Previous Owner American Spectrum Dunham Properties Llc $60,000
Previous Owner American Spectrum Dunham Properties Llc $150,000
Previous Owner American Spectrum Dunham Properties Llc $500,000
Previous Owner Khamjani Bahram Ghadiri $1,920,000
Previous Owner Khamjani Bahram Ghadiri $1,575,000
Previous Owner Khamjani Bahram Ghadiri $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2023 08/29/23 Sold $1,511,250 -20.5% --
07/27/2023 07/27/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $1,900,000 0.0% --
12/06/2022 12/06/22 Pending -- -- --
06/08/2022 06/08/22 Price Changed $1,900,000 -5.0% --
03/26/2022 03/26/22 For Sale $2,000,000 -- --
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 $16,057 $1,511,250 $1,511,250 --
2023 $10,809 $1,018,355 $1,018,355 --
2022 $10,597 $998,388 $998,388 $0
2021 $10,465 $978,812 $978,812 $0
2020 $10,334 $968,776 $968,776 $0
2019 $10,121 $949,781 $949,781 $0
2018 $9,921 $931,158 $931,158 $0
2017 $9,743 $912,900 $912,900 $0
2016 $13,617 $1,295,452 $1,295,452 $0
2015 $13,426 $1,275,994 $1,275,994 $0
2014 $13,164 $1,251,000 $1,251,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220006953

San Diego MLS

APN: 256-313-34