NOT LISTED FOR SALE

506 La Mesa Ave Unit 8 Encinitas, CA 92024

Estimated Value: $1,971,000 - $2,481,260

4 Beds
4 Baths
1,740 Sq Ft
$1,295/Sq Ft Est. Value

Last Sold September 09, 2015

Last sale price $1,099,000 $632 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $13,742/month

3 Days on Market

About This Home

As of September 2015

La Mesa Ave. is the street directly behind Neptune, the Ocean front street. This duplex is 2 townhomes. Both homes have private gated and fenced back yards, and front yards also. At the end of a cul-de-sac of very expensive properties. 4 parking spaces in the alley. 1 block to Stone Steps Beach (beach access). Outside of the property has been remodeled and upgraded. The right side has been remodeled and upgraded. The left side is clean but original. The left side is on a month to month rental agreement.

Last Listed By

Don Rady

Pacific Preferred License #00982664 Listed on: 07/31/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,221

Year Built

  • Built in 1964

Lot Details

  • 0.91

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Gated Home

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 256-262-17-00

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,221

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: N. El Portal St.
  • Neighborhood: Beach
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1964
  • 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: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Gate
  • Roof: Composition

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: LEUCADIA

Lot Info

  • Lot Size: 1-3,999 SF
  • Assessor Parcel Number: 256-262-17-00
  • Land Use Code: r-2
  • Map Code Column: b
  • Map Code Page: 1147
  • Map Code Row: 5

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Number Of Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2015
Sold by
Hebshi Aaron and Collens Julie
Bought by
The Hebshi Collens Family Trust
Total Days on Market
3
Current Estimated Value
$2,254,065

Purchase Details

Listed on
Jul 31, 2015
Closed on
Aug 11, 2015
Sold by
506-508 La Mesa Avenue Trust
Bought by
Hebshi Aaron and Collens Julie
Seller's Agent
Don Rady
Pacific Preferred
Buyer's Agent
David Rudd
Kindred Real Estate
List Price
$1,099,000
Sold Price
$1,099,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%
Original Mortgage
$879,200
Outstanding Balance
$703,695
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$1,702,874

Purchase Details

Closed on
Apr 11, 2013
Sold by
Lewis Jonathan Anthony and Lewis Karen Irene
Bought by
Lewis Jonathan Anthony and Lewis Karen Irene

Purchase Details

Closed on
Mar 6, 2003
Sold by
Lewis Jon
Bought by
Lewis Jonathan A and Lewis Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,750
Interest Rate
5.83%

Purchase Details

Closed on
Jun 20, 2000
Sold by
Stodder Samuel A and Stodder Lorraine D
Bought by
Lewis Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
8.2%

Purchase Details

Closed on
Apr 22, 1987

Purchase Details

Closed on
Nov 13, 1985

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
The Hebshi Collens Family Trust -- None Available
Hebshi Aaron $1,099,000 Title365 Company
Lewis Jonathan Anthony -- None Available
Lewis Jonathan A -- Commonwealth Land Title Co
Lewis Jon $450,000 Stewart Title Company
-- $180,000 --
-- $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hebshi Aaron $879,200
Previous Owner Lewis Jonathan A $760,000
Previous Owner Lewis Jonathan A $150,000
Previous Owner Lewis Jonathan A $568,750
Previous Owner Lewis Jonathan A $485,000
Previous Owner Lewis Jonathan A $80,000
Previous Owner Lewis Jonathan A $479,750
Previous Owner Lewis Jon $75,000
Previous Owner Lewis Jon $346,000
Previous Owner Lewis Jon $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2015 09/09/15 Sold $1,099,000 0.0% $632 / Sq Ft
08/03/2015 08/03/15 Pending -- -- --
07/31/2015 07/31/15 For Sale $1,099,000 -- $632 / 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 $14,221 $1,275,477 $1,102,553 $172,924
2023 $13,777 $1,250,469 $1,080,935 $169,534
2022 $13,628 $1,225,951 $1,059,741 $166,210
2021 $13,313 $1,201,913 $1,038,962 $162,951
2020 $13,143 $1,189,590 $1,028,309 $161,281
2019 $12,880 $1,166,266 $1,008,147 $158,119
2018 $12,611 $1,143,399 $988,380 $155,019
2017 $12,432 $1,120,980 $969,000 $151,980
2016 $12,067 $1,099,000 $950,000 $149,000
2015 $12,395 $1,127,077 $968,981 $158,096
2014 -- $553,136 $187,949 $365,187
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 150041946

San Diego MLS

APN: 256-262-17