NOT LISTED FOR SALE

510 4th St Unit 1A Encinitas, CA 92024

Estimated Value: $2,479,000 - $3,322,000

2 Beds
2 Baths
1,716 Sq Ft
$500/mo HOA Fee

Last Sold August 23, 2021

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

Est. 6% increase in value since last sale

Current estimated payment $19,394/month

58 Days on Market

Highlights

  • Ocean Front
  • Primary Bedroom Suite
  • Gated Community
  • Paul Ecke-Central Elementary Rated A
  • Ocean Side of Highway 1
  • 1-minute walk to D Street Viewpoint Park

About This Home

As of August 2021

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.

Last Agent to Sell the Property

Cathleen LeClair

Berkshire Hathaway HomeService License #01072983 Listed on: 06/10/2021

Berkshire Hathaway HomeService

Last Buyer's Agent

Steve Cairncross

Berkshire Hathaway HomeServices California Properties License #00859218

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,553

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • Ocean Front
  • End Unit
  • No Units Located Below
  • West Facing Home
  • Security Fence
  • Stucco Fence
  • Level Lot
  • Private Yard
  • Front Yard

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available
  • Automatic Gate

Property Views

  • White Water Ocean
  • Panoramic
  • Bluff
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,716 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Sliding Doors
  • Entryway
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Dining Room
  • Home Office
  • Storage
  • Laundry Room
  • Tile Flooring

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Electric Oven
  • Built-In Range
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Pots and Pans Drawers
  • Self-Closing Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Heated Floor in Bathroom
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub with Shower
  • Multiple Shower Heads
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Home Security

Outdoor Features

  • Ocean Side of Highway 1
  • Balcony
  • Covered patio or porch
  • Exterior Lighting
  • Shed

Utilities

  • Heating Available
  • Tankless Water Heater

Listing and Financial Details

  • Legal Lot and Block 258-073-45-01 / 175.01/2
  • Tax Tract Number 19175
  • Assessor Parcel Number 2580734501

Community Details

Overview

  • 9 Units
  • Cypress Cove Association, Phone Number (760) 500-3112
  • Cypress Cove Condominium
  • Greenbelt

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$30,553

Year Built

Built in 1979 | Remodeled

Lot Details

0

HOA Fees

$500 per month

Parking

3

Listing Details

  • Assessments: No
  • Inclusions: WASHER/DRYER (FULL SIZE) BLINDS, WINE FRIDGE, MASTER BEDROOM WARDROBE CLOSET
  • Park Name: Cypress Cove Condominium
  • Property Attached: No
  • Road Frontage Type: Maintained, City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Cypress Cove
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Architectural Style: Contemporary, Modern
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2580734501
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1716.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Elevator, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Storage
  • Stories: 1
  • Common Walls: End Unit, No One Below
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1602.56
  • Room Type: All Bedrooms Down, Entry, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office
  • Window Features: Blinds, Double Pane Windows
  • Bathroom Features: Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Heated Floor, Linen Closet/Storage, Privacy Toilet Door, Remodeled, Upgraded, Vanity Area, Walk-In Shower, Shower, Shower In Tub, Bathtub
  • Room Kitchen Features: Kitchen Open To Family Room, Kitchen Island, Pots & Pan Drawers, Remodeled Kitchen, Self-Closing Cabinet Doors

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Concrete Perimeter
  • Other Structures: Shed(s)
  • Exterior Features: Lighting
  • View: Ocean, Panoramic, Park/Greenbelt, White Water
  • Fence: Yes
  • Fencing: Security, Stucco Wall
  • Patio And Porch Features: Covered, Deck
  • Pool Private: No
  • Roof: Tar/Gravel
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Disposal, Gas Cooktop, Microwave, Refrigerator, Tankless Water Heater, Warming Drawer
  • Electric: Electricity - On Property
  • Heating Type: Electric
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access, Pets Permitted, Security, Storage
  • Association Fee: 500.00
  • Association Fee Frequency: Monthly
  • Association Name: CYPRESS COVE
  • Phone: 760-500-3112
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks

Schools

  • School District: San Dieguito Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Bluff, Corner Lot, Front Yard, Greenbelt, Level, Waterfront, Yard
  • Lot Size: 32,667

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 9
  • Waterfront Features: Ocean Front, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Block: 175.01/2
  • Tax Lot: 258-073-45-01
  • Tax Tract Number: 19175

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
Total Days on Market
58
Current Estimated Value
$2,912,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,326
Avg. Annual Appreciation
1.19%

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

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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 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 Change Sq Ft Price
08/23/2021 08/23/21 Sold $2,750,000 0.0% $1,603 / Sq Ft
08/07/2021 08/07/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $2,750,000 -- $1,603 / 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 $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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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2106656

California Regional Multiple Listing Service (CRMLS)

APN: 258-073-45-01