NOT LISTED FOR SALE

517 Hermes Ave Encinitas, CA 92024

Estimated Value: $3,597,000 - $5,003,000

5 Beds
3.5 Baths
4,628 Sq Ft
$880/Sq Ft Est. Value

Last Sold May 23, 2016

Last sale price $1,775,000 $384 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $24,664/month

26 Days on Market

Highlights

  • Wine Cellar
  • Fireplace in Primary Bedroom
  • Home Office
  • Paul Ecke-Central Elementary Rated A
  • Bonus Room
  • 5-minute walk to Orpheus Park

About This Home

As of May 2016

A Spectacular Tuscan Style Beach Home with Ocean Views and over 4,600+ Sq.Ft. The well thought out Spacious & Open floor plan is perfect for Indoor/Outdoor Entertainment with a Gorgeous Gourmet Kitchen, Vaulted Ceilings, Cherry Wood Flooring, Extra Large Family Room with Stacked Stone FP & Custom Cabinets, Smart Stereo/Surround Sound, 2 Offices, Huge Bonus Room, 500 Bottle Wine Room, Enchanting Master Retreat with FP & Ocean View Deck, Inviting Outdoor Custom Built Stone Fireplace & BBQ Island, Must See! Neighborhoods: Leucadia - West of 5 Equipment: Fire Sprinklers, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL

Last Listed By

Betty Steele

Compass License #00682190 Listed on: 02/15/2016

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,324

Year Built

  • Built in 2005

Lot Details

  • 7,774

Parking

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

Home Design

  • Stucco

Interior Spaces

  • 4,628 Sq Ft Home
  • 3-Story Property
  • Wine Cellar
  • Family Room with Fireplace
  • Home Office
  • Bonus Room
  • Home Gym
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Fireplace in Patio
  • 7,774 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 2561107200

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,324

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Leucadia - West of 5
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2561107200
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4628.00
  • Stories: 3
  • Entry Location: 1
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Master Bedroom, Patio
  • Levels: Three Or More
  • Price Per Square Foot: 383.54
  • Room Type: Bonus Room, Exercise Room, Family Room, Office, Wine Cellar

Exterior Features

  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave
  • Heating Type: Natural Gas, Fireplace(s), Forced Air
  • Laundry Features: Individual Room
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 7774.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lot Size Area: 7774.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2020
Sold by
Murray Spencer B
Bought by
Murray Spencer B
Total Days on Market
26
Current Estimated Value
$4,073,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,000
Outstanding Balance
$489,796
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$3,459,202

Purchase Details

Closed on
Nov 17, 2016
Sold by
Murray Spencer and Murray Andrea
Bought by
Murray Spencer B and Murray Andrea M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,750
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2016
Sold by
Linder Nathan W and Linder Renee K
Bought by
Murray Spencer and Murray Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,420,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 25, 2009
Sold by
Linder Nathan W and Linder Renee K
Bought by
Linder Nathan W and Linder Renee K

Purchase Details

Closed on
Oct 19, 2004
Sold by
Hermes Four Llc
Bought by
Linder Nathan and Linder Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,236,500
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

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
Murray Spencer B -- Pacific Coast Title Company
Murray Spencer B -- None Available
Murray Spencer $1,775,000 First American Title
Linder Nathan W -- None Available
Linder Nathan W -- None Available
Linder Nathan $1,560,000 United Title Co San Diego
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murray Spencer B $547,000
Closed Murray $580,750
Previous Owner Murray Spencer $1,420,000
Previous Owner Nathan Nathan W $72,500
Previous Owner Linder $1,360,000
Previous Owner Linder Nathan $500,000
Previous Owner Linder $125,000
Previous Owner Linder Nathan $1,236,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2016 05/23/16 Sold $1,775,000 0.0% $384 / Sq Ft
03/12/2016 03/12/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $1,775,000 0.0% $384 / Sq Ft
11/05/2014 11/05/14 Rented $5,950 0.0% --
10/06/2014 10/06/14 Under Contract -- -- --
09/12/2014 09/12/14 For Rent $5,950 -- --
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 $22,324 $2,060,034 $957,481 $1,102,553
2023 $21,767 $2,019,642 $938,707 $1,080,935
2022 $21,303 $1,980,042 $920,301 $1,059,741
2021 $21,001 $1,941,218 $902,256 $1,038,962
2020 $20,707 $1,921,314 $893,005 $1,028,309
2019 $20,283 $1,883,643 $875,496 $1,008,147
2018 $19,886 $1,846,710 $858,330 $988,380
2017 $19,531 $1,810,500 $841,500 $969,000
2016 $18,719 $1,750,000 $790,000 $960,000
2015 $17,135 $1,600,000 $723,000 $877,000
2014 $15,013 $1,400,000 $633,000 $767,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 160008368

California Regional Multiple Listing Service (CRMLS)

APN: 256-110-72