NOT LISTED FOR SALE

551 Hygeia Ave Unit B Encinitas, CA 92024

Estimated Value: $1,591,000 - $1,809,000

3 Beds
2.5 Baths
1,584 Sq Ft
$360/mo HOA Fee

Last Sold June 20, 2023

Last sale price $1,399,000 $883 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $10,854/month

12 Days on Market

Highlights

  • Ocean View
  • Updated Kitchen
  • Wood Flooring
  • Paul Ecke-Central Elementary Rated A
  • Fireplace in Primary Bedroom
  • High Ceiling

About This Home

As of June 2023

Enjoy the Leucadia lifestyle in this beautifully remodeled ocean view townhome filled with contemporary finishes. With 1,584 square feet of living space, this modern property offers 3 bedrooms, 2 1/2 bathrooms and an inviting open floor plan perfect for beach entertaining. The re-designed kitchen boasts stainless steel appliances, granite countertops and new custom cabinets. Great Room complete with a gas fireplace, wet bar with wine refrigerator and a private outdoor patio, perfect for al fresco dining or soaking up the sun. The luxurious primary suite, remodeled in 2022, offers beautiful design elements with Brizio and Hansgrohe fixtures, a dual sink vanity& programmable radiant heat flooring, spacious shower, walk-in closet and an outdoor balcony for soaking up the views. SEE SUPPLEMENT Other features include two comfortable guest rooms, a shared full bathroom, in-unit laundry and a private attached 2 car garage with direct access. Walk or ride your bike to everything that the downtown Encinitas area has to offer: beaches, shops, incredible restaurants, walking trails and outstanding sunsets. Take advantage of this rare opportunity to own a slice of paradise.

Last Agent to Sell the Property

Jana Greene

Pacific Sotheby's Int'l Realty License #01200171 Listed on: 05/12/2023

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Emma Lefkowitz

Real Broker License #01480896

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,695

Year Built

  • Built in 1990

Lot Details

  • Stucco Fence
  • Landscaped
  • Gentle Sloping Lot

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Guest Parking
  • Off-Street Parking

Property Views

  • Ocean
  • Coastline
  • City Lights
  • Neighborhood

Home Design

  • Asphalt Roof
  • Stucco Exterior

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Entryway
  • Living Room with Fireplace
  • 2 Fireplaces
  • Living Room Balcony
  • Interior Storage Closet

Kitchen

  • Updated Kitchen
  • Gas Oven
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry on upper level
  • Full Size Washer or Dryer
  • Dryer
  • Washer

Location

  • West of 5 Freeway

Schools

  • Encinitas Union School District Elementary School
  • San Dieguito High School District Middle School
  • San Dieguito High School District

Utilities

  • Zoned Heating
  • Gas Water Heater
  • Sewer Paid

Listing and Financial Details

  • Assessor Parcel Number 256-251-20-02

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, limited insurance, roof maintenance, sewer, trash pickup, water
  • 4 Units
  • Pacific Terrace HOA, Phone Number (619) 423-7500
  • Pacific Terrace Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,695

Year Built

Built in 1990

Lot Details

0

HOA Fees

$360 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: Coastal North
  • Cross Street: Leucadia Blvd
  • Neighborhood: Leucadia
  • Supplement: Other features include two comfortable guest rooms, a shared full bathroom, in-unit laundry and a private attached 2 car garage with direct access. Walk or ride your bike to everything that the downtown Encinitas area has to offer: beaches, shops, incredible restaurants, walking trails and outstanding sunsets. Take advantage of this rare opportunity to own a slice of paradise.
  • Estimated Living Space: 1,500 to 1,999 SqFt
  • LP / Sq Ft: 883.21
  • Price Per Sq Ft: 883.21
  • SP/ Sq Ft: 883.21
  • Stories: 2 Story
  • Stories In Building: 2
  • Ownership: Condominium
  • Total Stories: 2
  • Year Built: 1990
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: B
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Ceiling Fan, High Ceilings (9 Feet+), Living Room Balcony, Recessed Lighting, Remodeled Kitchen, Storage Space, Wet Bar
  • Flooring: Carpet, Tile, Wood
  • Equipment Available: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Refrigerator, Washer, Gas Oven, Gas Stove, Gas Range, Gas Cooking
  • Fireplaces: 2
  • Fireplace: Fp In Living Room, Fp In Master Br
  • Searchable Rooms: Kitchen, Living Room, Master Bedroom, Entry, Master Bathroom
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 16X12
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Laundry Location: Closet Full Sized, Inside, On Upper Level
  • Estimated Sq Ft: 1584
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Stucco Wall
  • Roof: Asphalt
  • View: Evening Lights, Ocean, Panoramic Ocean, Coastline, Neighborhood

Garage/Parking

  • Garage Details: Attached, Detached
  • Garage Spaces: 2
  • Non Garage Parking: Guest Parking, Off Street, On Site, Private
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric, Gas, Washer Hookup
  • Sewer/Septic: Public Sewer, Sewer Paid
  • Water: Public
  • Water Heater Type: Gas
  • Heating: Zoned Areas, Fireplace, Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Complex Name: Pacific Terrace
  • Total Fees: 4320.0
  • Pets Allowed: Yes
  • Units In Building: 4
  • Total Number of Units: 7
  • Community: LEUCADIA
  • Home Owner Association: Pacific Terrace HOA
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Limited Insurance, Roof Maintenance, Sewer, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 360.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619-423-7500
  • Association Amenities: Pets Permitted

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 1

Fee Information

  • Total Monthly Fees: 360

Schools

  • School District URL: http://www.sduhsd.net/
  • Elementary School: Encinitas Union School District
  • Elementary School Website: http://www.eusd.k12.ca.us/
  • High School: San Dieguito High School District
  • Middle School Url: http://www.sduhsd.net/
  • Middle School: San Dieguito High School District

Lot Info

  • Lot Size: 0 (Common Interest)
  • Site: Sidewalks, Street Paved, West of I-5, Landscaped
  • Topography: Slope Gentle
  • Assessor Parcel Number: 256-251-20-02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
May 30, 2023
Sold by
Gadigian Michael R
Bought by
Kukreja Rajesh K and Breindel Sara M
Seller's Agent
Jana Greene
Pacific Sotheby's Int'l Realty
Buyer's Agent
Emma Lefkowitz
Real Broker
List Price
$1,399,000
Sold Price
$1,399,000
Views
53
Current Estimated Value
$1,685,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,867
Avg. Annual Appreciation
7.09%
Original Mortgage
$139,900
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2002
Sold by
Gadigian Michael R
Bought by
Gadigian Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,300
Interest Rate
6.43%

Purchase Details

Closed on
Apr 20, 1999
Sold by
Gadigian Miho
Bought by
Gadigian Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,300
Interest Rate
6.94%

Purchase Details

Closed on
Apr 5, 1999
Sold by
Struve Richard D and Struve Constrance M
Bought by
Gadigian Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,300
Interest Rate
6.94%

Purchase Details

Closed on
Jul 20, 1989
Source: Public Records

Range of Values:

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Average Value
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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
Kukreja Rajesh K $1,399,000 Ticor Title Company
Gadigian Michael R -- Southland Title
Gadigian Michael -- Commonwealth Land Title
Gadigian Michael R $247,000 Commonwealth Land Title
-- $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kukreja Rajesh K $86,500
Open Kukreja Rajesh K $1,297,500
Closed Kukreja Rajesh K $139,900
Closed Kukreja Rajesh K $1,119,200
Previous Owner Gadigian Michael R $425,000
Previous Owner Gadigian Michael R $408,000
Previous Owner Gadigian Michael R $334,500
Previous Owner Gadigian Michael R $150,000
Previous Owner Gadigian Michael R $315,000
Previous Owner Gadigian Michael R $221,300
Previous Owner Gadigian Michael $75,000
Previous Owner Gadigian Michael R $221,000
Previous Owner Gadigian Michael R $222,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold $1,399,000 0.0% $883 / Sq Ft
06/10/2023 06/10/23 Off Market $1,399,000 -- --
05/25/2023 05/25/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $1,399,000 -- $883 / 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
2025 $15,695 $1,455,519 $1,248,480 $207,039
2024 $15,695 $1,426,980 $1,224,000 $202,980
2023 $4,388 $372,169 $210,951 $161,218
2022 $4,266 $364,872 $206,815 $158,057
2021 $4,178 $357,718 $202,760 $154,958
2020 $4,096 $354,051 $200,681 $153,370
2019 $4,017 $347,110 $196,747 $150,363
2018 $3,943 $340,305 $192,890 $147,415
2017 $3,876 $333,633 $189,108 $144,525
2016 $3,760 $327,092 $185,400 $141,692
2015 $3,681 $322,180 $182,616 $139,564
2014 $3,586 $315,870 $179,039 $136,831
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230008537

San Diego MLS

APN: 256-251-20-02