NOT LISTED FOR SALE

513 Hermes Ave Encinitas, CA 92024

Estimated Value: $2,612,000 - $4,848,000

6 Beds
3.5 Baths
4,091 Sq Ft
$888/Sq Ft Est. Value

Last Sold February 22, 2018

Last sale price $1,780,000 $435 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $22,138/month

10 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Dual Staircase
  • Paul Ecke-Central Elementary Rated A
  • Home Theater
  • 4-minute walk to Orpheus Park

About This Home

As of February 2018

Beautifully remodeled home with ocean & sunset views - West of I-5! Small cul de sac of homes built in 2005, just a few blocks from: the beach, Orpheus Park, Paul Ecke Elementary, and the new RR underpass (approved/waiting to be built). Flexible floor plan that features 4 large bedrooms, office, master bedroom retreat, and massive bonus room (perfect for entertaining /game-media room). Please see the supplement. Neighborhoods: Leucadia / Beach Equipment: Fire Sprinklers,Garage Door Opener Other Fees: 0 Sewer: Sewer Connected Topography: GSL

Last Listed By

Rick McGrath

Coldwell Banker Realty License #01249559 Listed on: 01/05/2018

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,537

Year Built

  • Built in 2005

Lot Details

  • 7,775 Sq Ft Lot
  • Sprinkler System
  • Property is zoned R-1:SINGLE

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Panoramic

Home Design

  • Turnkey

Interior Spaces

  • 4,091 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Formal Entry
  • Wine Cellar
  • Great Room
  • Separate Family Room
  • Living Room with Fireplace
  • Living Room Balcony
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Library
  • Bonus Room with Fireplace
  • Game Room
  • Home Gym
  • Basement

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas Oven or Range
  • Six Burner Stove
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Combination Of Heating Systems
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2561107600

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,537

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Security: Fire Sprinkler System, Smoke Detector(s), Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • Subdivision Name Other: Leucadia / Beach
  • View: Yes
  • Zoning: R-1:SINGLE
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2561107600
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4091.00
  • Interior Amenities: 2 Staircases, Beamed Ceilings, Ceiling Fan(s), Living Room Balcony, Recessed Lighting, Cathedral Ceiling(s)
  • Stories: 3
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Eating Area: Area, Separated
  • Fireplace Features: Living Room, Master Bedroom, Bonus Room
  • Levels: Three Or More
  • Price Per Square Foot: 435.10
  • Room Type: Basement, Main Floor Bedroom, Bonus Room, Den, Exercise Room, Family Room, Formal Entry, Great Room, Library, Retreat, Media Room, Office, Wine Cellar, Game Room, Master Bedroom, Home Theatre, Jack & Jill, Master Bathroom, Separate Family Room, Walk-In Closet, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Ocean, Panoramic, Coastline
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater, Dishwasher, Disposal, Microwave, Refrigerator, 6 Burner Stove, Free-Standing Range, Ice Maker, Range Hood, Gas Cooking
  • Heating Type: Electric, Natural Gas, Combination, Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room

Lot Info

  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 7775.00
  • Lot Size Acres: 0.1800

Multi Family

  • Lot Size Area: 7775.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2022
Sold by
Thakkar and Crystal
Bought by
Thakkar Family Trust
Total Days on Market
10
Current Estimated Value
$3,634,387

Purchase Details

Listed on
Jan 5, 2018
Closed on
Feb 6, 2018
Sold by
Almeria Investments Lp
Bought by
Thakkar Nilay and Thakkar Crystal
Seller's Agent
Rick McGrath
Coldwell Banker Realty
Buyer's Agent
Trudy McGrath
Coldwell Banker Realty
List Price
$1,875,000
Sold Price
$1,780,000
Premium/Discount to List
-$95,000
-5.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.32%
Original Mortgage
$1,020,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 2, 2016
Closed on
Jul 25, 2017
Sold by
Barmer Patricia Dianne
Bought by
Almeria Investments Lp
Seller's Agent
John Bennett
Lawyers Realty Group
Buyer's Agent
Rick McGrath
Coldwell Banker Realty
List Price
$1,100,000
Sold Price
$1,180,000
Premium/Discount to List
$80,000
7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
117.20%
Original Mortgage
$744,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 27, 2005
Sold by
Hermes Four Llc
Bought by
Barmer Patricia Dianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Thakkar Family Trust -- None Listed On Document
Thakkar Nilay $1,780,000 North American Title
Almeria Investments Lp $1,180,000 North American Title
Barmer Patricia Dianne $1,364,000 United Title Co San Diego
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thakkar Nilay $842,000
Previous Owner Thakkar Nilay $1,020,000
Previous Owner Almeria Investments Lp $744,000
Previous Owner Barmer Patricia Dianne $1,000,000
Previous Owner Barmer Patricia Dianne $200,000
Previous Owner Barmer Patricia Dianne $150,000
Previous Owner Barmer Patricia Dianne $1,000,000
Closed Barmer Patricia Dianne $90,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2018 02/22/18 Sold $1,780,000 -5.1% $435 / Sq Ft
01/15/2018 01/15/18 Pending -- -- --
01/05/2018 01/05/18 For Sale $1,875,000 +58.9% $458 / Sq Ft
08/14/2017 08/14/17 Sold $1,180,000 0.0% $295 / Sq Ft
05/02/2017 05/02/17 Pending -- -- --
04/19/2017 04/19/17 Off Market $1,180,000 -- --
04/17/2017 04/17/17 Price Changed $1,100,000 0.0% $275 / Sq Ft
04/17/2017 04/17/17 For Sale $1,100,000 -6.8% $275 / Sq Ft
08/19/2016 08/19/16 Off Market $1,180,000 -- --
08/10/2016 08/10/16 Price Changed $1,200,000 -27.3% $300 / Sq Ft
07/31/2016 07/31/16 For Sale $1,650,000 0.0% $413 / Sq Ft
07/03/2012 07/03/12 Rented $5,000 -16.7% --
07/03/2012 07/03/12 For Rent $6,000 -- --
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 $21,537 $1,985,620 $1,093,207 $892,413
2023 $20,998 $1,946,687 $1,071,772 $874,915
2022 $20,548 $1,908,517 $1,050,757 $857,760
2021 $20,257 $1,871,096 $1,030,154 $840,942
2020 $19,972 $1,851,912 $1,019,592 $832,320
2019 $19,563 $1,815,600 $999,600 $816,000
2018 $16,292 $1,500,000 $800,000 $700,000
2017 $191 $1,500,000 $544,000 $956,000
2016 $14,745 $1,370,000 $497,000 $873,000
2015 $13,785 $1,280,000 $465,000 $815,000
2014 $11,872 $1,100,000 $400,000 $700,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 180001041

California Regional Multiple Listing Service (CRMLS)

APN: 256-110-76