NOT LISTED FOR SALE

Estimated Value: $3,143,596 - $3,368,000

2 Beds
2 Baths
1,716 Sq Ft
$1,912/Sq Ft Est. Value

Last Sold August 23, 2021

Last sale price $2,750,000 $1,603 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $20,304/month

About This Home

WOW - BREATHTAKING FIRST FLOOR, SINGLE LEVEL, OCEAN FRONT, 2 BEDROOM & 2 BATHROOM CONDO THAT IS A STUNNER. IT'S A RARE CORNER END UNIT WITH WHITE WATER VIEWS. BEAUTIFULLY REMODELED, THIS SINGLE LEVEL CONDO INCLUDES A COVERED DECK THAT FACES THE OCEAN & THE COMMUNITY YARD. THE HIGH END REMODEL WAS COMPLETED IN LATE 2019 AND NO EXPENSE WAS SPARED. LIGHT AND BRIGHT WITH GORGEOUS DESIGNER DETAILS THROUGHOUT. EVEN THE MASTER BATHROOM WAS REDONE TO CAPTURE THE OCEAN VIEW. SPEAKING OF VIEWS; THE OCEAN CAN BE SEEN FROM EVERY ROOM EXCEPT THE SECOND BATHROOM. WAIT TILL YOU SEE THE KITCHEN; IT'S A WORK OF ART, WITH THOUGHTFUL BUILT IN STORAGE THAT BLOWS YOUR MIND AND A HIGH GLOSS FINISH THAT REFLECTS THE OCEAN. PARKING IS UNDER THE COMPLEX, GATED AND INCLUDES 3 ASSIGNED SPACES. COMMUNITY SPACES ARE AVAILABLE TOO. THERE IS AN ELEVATOR FROM PARKING TO EACH LEVEL. THE PROPERTY HAS AN ASSIGNED STORAGE SHED + BOX IN FRONT OF THE PARKING SPACES. CYPRESS COVE COMPLEX IS A RARE FIND IN THE BEACH COMMUNITY; WITH ONLY 9 CONDOS, A PRIVATE COMMUNITY YARD FACING THE OCEAN, FULLY GATED & UNDER COMPLEX PARKING. THE PROPERTY HAS A HIGH "WALK SCORE" TO THE CHARMING ENCINITAS DOWNTOWN. ENJOY SHOPPING, RESTAURANTS, & ENTERTAINMENT ALL WITHIN A COUPLE SHORT BLOCKS. THE NEARBY TRAIN DEPOT STOP TAKES YOU NORTH OR SOUTH TO ENJOY ALL THAT SOUTHERN CALIFORNIA HAS TO OFFER. THIS IS A VERY SPECIAL PROPERTY. GRAB YOUR CHANCE TO LIVE THE ENCINITAS LIFESTYLE AND DO IT WITH AN OCEAN FRONT SEAT. SUNSETS ARE FREE AND PLENTIFUL.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Aug 19, 2021
Sold by
Avey Victoria C and Martinelli John T
Bought by
Borsari William E and Borsari Gay
Seller's Agent
Cathleen LeClair
Berkshire Hathaway HomeService
Buyer's Agent
Steve Cairncross
Berkshire Hathaway HomeServices California Properties
List Price
$2,750,000
Sold Price
$2,750,000
Current Estimated Value
$3,280,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$530,899
Avg. Annual Appreciation
4.20%

Purchase Details

Closed on
Oct 13, 2016
Sold by
Avey Victoria C
Bought by
Avey Victoria C and Martinelli John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2013
Sold by
Avey Victory C
Bought by
Martinelli John J

Purchase Details

Closed on
Apr 18, 2011
Sold by
Avey Victoria C and Avey Shirley P
Bought by
Avey Victoria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2007
Sold by
Gertner Michael J
Bought by
Avey Victoria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,199,200
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2005
Sold by
Polis Jerry E and Polis Charlotte O
Bought by
Collins Vearl and Collins Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 1998
Sold by
Waller Lois A Trust 10-01-92 and Ann Lois
Bought by
Polis Jerry E and Polis Charlotte O

Purchase Details

Closed on
Aug 18, 1993
Sold by
Waller Lois Ann
Bought by
Waller Lois Ann

Purchase Details

Closed on
Jun 23, 1993

Purchase Details

Closed on
Dec 29, 1988

Purchase Details

Closed on
May 13, 1988

Purchase Details

Closed on
Jun 16, 1986
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Borsari William E $2,750,000 California Title Company
Avey Victoria C -- First American Title Company
Martinelli John J -- None Available
Avey Victoria C -- First American Title Company
Avey Victoria C -- First American Title Co
Avey Victoria C $1,499,000 First American Title Co
Collins Vearl $1,400,000 California Title Company
Polis Jerry E $326,000 First American Title
Waller Lois Ann -- --
-- $380,000 --
-- $319,000 --
-- $255,000 --
-- $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Avey Victoria C $395,000
Previous Owner Avey Victoria C $575,000
Previous Owner Avey Victoria C $1,199,200
Previous Owner Collins Vearl $1,120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2021 08/23/21 Sold $2,750,000 0.0% $1,603 / Sq Ft View Prior Sale
08/07/2021 08/07/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $2,750,000 -- $1,603 / Sq Ft

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 $30,553 $2,918,321 $2,440,778 $477,543
2024 $30,553 $2,861,100 $2,392,920 $468,180
2023 $29,857 $2,805,000 $2,346,000 $459,000
2022 $29,307 $2,750,000 $2,300,000 $450,000
2021 $19,390 $1,805,749 $1,572,564 $233,185
2020 $19,142 $1,787,234 $1,556,440 $230,794
2019 $18,747 $1,752,191 $1,525,922 $226,269
2018 $18,362 $1,717,835 $1,496,002 $221,833
2017 $18,010 $1,684,153 $1,466,669 $217,484
2016 $17,410 $1,651,131 $1,437,911 $213,220
2015 $13,727 $1,300,000 $1,083,000 $217,000
2014 $12,655 $1,200,000 $1,000,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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