NOT LISTED FOR SALE

592 Hermes Ave Unit A Encinitas, CA 92024

Estimated Value: $2,276,000 - $2,743,000

3 Beds
2 Baths
1,200 Sq Ft
$2,119/Sq Ft Est. Value

Last Sold June 02, 2014

Last sale price $782,500 $652 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $15,388/month

45 Days on Market

Highlights

  • Property is Fully Fenced
  • West of 5 Freeway
  • 1-Story Property
  • Paul Ecke-Central Elementary Rated A

About This Home

As of June 2014

Nice beach house with rental unit above gargage. House has additional enclosed patio as living space but not included in square feet. Nice income property in a great neighborhood. 2 Units permitted but potential 3rd unit behind garage. However, buyer to verify all information. This is a multi family property (grandfathered in). Property is centrally located and convenient to all amenities. Rents unknown at this time. Unit above garage (592A) also has a loft area for sleeping.

Last Agent to Sell the Property

Karyn Boulais

Irongate Properties License #01878013 Listed on: 03/21/2014

Last Buyer's Agent

Karyn Boulais

Irongate Properties License #01878013 Listed on: 03/21/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,355

Year Built

  • Built in 1957

Lot Details

  • 9,149 Sq Ft Lot
  • Property is Fully Fenced
  • Irregular Lot

Parking

  • RV Potential

Schools

  • San Dieguito High School District Middle School
  • San Dieguito High School District

Additional Features

  • 1-Story Property
  • West of 5 Freeway

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 256-100-49-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,355

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: Hygia
  • Neighborhood: Leucadia
  • Supplement: Nice income property in a great neighborhood. 2 Units permitted but potential 3rd unit behind garage. However, buyer to verify all information. This is a multi family property (grandfathered in). Property is centrally located and convenient to all amenities. Rents unknown at this time. Unit above garage (592A) also has a loft area for sleeping.
  • Stories: 1 Story
  • Sale Price List Price: 0.99
  • Total Stories: 1
  • Year Built: 1957
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 2
  • School District Old: San Dieguito Union High
  • Walk Score Desc: Somewhat Walkable
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full

Garage/Parking

  • Parking for RV: Potential Space

Utilities

  • Sewer/Septic: Sewer Connected

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: LEUCADIA

Schools

  • School District URL: http://www.sduhsd.net/
  • 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: 7,500-10,889 SF
  • Site: Irregular Lot, West of I-5
  • Water District: SAN DIEGUITO WATER DISTRICT
  • Assessor Parcel Number: 256-100-49-00
  • Land Use Code: R1
  • Estimated Lot Sq Ft: 9149
  • Estimated Number of Acres: 0.21
  • Map Code Column: B
  • Map Code Page: 1147
  • Map Code Row: 5

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 2
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 1
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 1

Tax Info

  • Assessor Parcel Number: 592Hermes92024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2014
Closed on
May 30, 2014
Sold by
Zagorsky Elana
Bought by
Zagorsky Jesse
Seller's Agent
Karyn Boulais
Irongate Properties
Buyer's Agent
Karyn Boulais
Irongate Properties
List Price
$790,000
Sold Price
$782,500
Premium/Discount to List
-$7,500
-0.95%
Total Days on Market
45
Current Estimated Value
$2,543,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,760,553
Avg. Annual Appreciation
11.16%
Original Mortgage
$586,875
Interest Rate
4.23%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 21, 2014
Closed on
Apr 28, 2014
Sold by
Grant Rusty
Bought by
Zagorsky Jesse
Seller's Agent
Karyn Boulais
Irongate Properties
Buyer's Agent
Karyn Boulais
Irongate Properties
List Price
$790,000
Sold Price
$782,500
Premium/Discount to List
-$7,500
-0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$586,875
Interest Rate
4.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 2, 2001
Sold by
Murphy Dennis Michael
Bought by
Murphy Dennis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,750
Interest Rate
7.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 28, 1994
Sold by
Home Svgs Of America Fsb
Bought by
Murphy Dennis Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
9.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 25, 1994
Sold by
Home Svgs Of America Fsb
Bought by
Wong Kelly C and Wong Kian K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
9.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 20, 1994
Sold by
Serrano Reconveyance Company
Bought by
Home Svgs Of America Fsb

Purchase Details

Closed on
Oct 3, 1990
Source: Public Records

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Range of Values:

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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
Zagorsky Jesse -- Chicago Title Company
Zagorsky Jesse $790,000 Chicago Title Company
Murphy Dennis M -- None Available
Murphy Dennis Michael $160,000 First American Title Co
Wong Kelly C $590,000 Commonwealth Land Title Co
Home Svgs Of America Fsb $159,592 World Title Company
-- $189,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zagorsky Jesse $250,000
Open Zagorsky Jesse $742,000
Closed Zagorsky Jesse $740,000
Closed Zagorsky Jesse $586,875
Previous Owner Murphy Dennis Michael $611,000
Previous Owner Murphy Dennis Michael $536,250
Previous Owner Murphy Dennis Michael $343,750
Previous Owner Murphy Dennis Michael $218,000
Previous Owner Murphy Dennis Michael $218,000
Previous Owner Murphy Dennis Michael $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2014 06/02/14 Sold $782,500 -0.9% $652 / Sq Ft
05/05/2014 05/05/14 Pending -- -- --
03/21/2014 03/21/14 For Sale $790,000 -- $658 / 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
2024 $13,355 $1,174,680 $781,182 $393,498
2023 $12,977 $1,151,648 $765,865 $385,783
2022 $12,669 $1,129,068 $750,849 $378,219
2021 $12,460 $1,106,930 $736,127 $370,803
2020 $12,260 $1,095,580 $728,579 $367,001
2019 $12,017 $1,074,099 $714,294 $359,805
2018 $11,788 $1,053,039 $700,289 $352,750
2017 $9,383 $826,509 $686,558 $139,951
2016 $9,113 $810,304 $673,097 $137,207
2015 $8,945 $798,134 $662,987 $135,147
2014 $9,887 $891,829 $836,093 $55,736
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 140014983

San Diego MLS

APN: 256-100-49