$1,935,000
SOLD JUN 4, 2012

612 Neptune Ave Encinitas, CA 92024

3 Beds
3 Baths
1,469 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$1,317 Per Sq Ft

16% Below List Price

278 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Fireplace
  • Paul Ecke-Central Elementary Rated A
  • Bonus Room
  • 3 Car Attached Garage

About This Home

As of July 2023

Oceanfront Beach Bungalow. Private stairs to the beach in the heart of Leucadia. One of a kind property with 50 ft of ocean frontage. Large wrap around deck,yoga bench,surfboard storage and more. Hardwood floors and vaulted ceilings. Downstairs guest apartment with it`s own bath makes this a perfect family retreat. Great southern facing lot with 8,276 sq. ft. Build your brand new dream home or enjoy property in it`s current condition.Virtual tour go to You Tube 612 Neptune. The Endless Summer!

Last Agent to Sell the Property

Bill Bonning

eXp Realty of California, Inc License #01307706 Listed on: 08/01/2011

eXp Realty of California, Inc

Last Buyer's Agent

Doug Springer

Del Mar Realty Assoc.,Inc License #00972487

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,664

Year Built

  • Built in 1954

Parking

  • 3 Car Attached Garage
  • Attached Carport
  • Parking Available
  • Garage Door Opener

Property Views

  • Ocean
  • Panoramic
  • Bluff

Home Design

  • Composition Roof
  • Stone Roof
  • Wood Siding
  • Stone Siding
  • Stucco

Interior Spaces

  • 1,469 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Bonus Room

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Additional Features

  • Fire Pit
  • Heating System Uses Wood

Listing and Financial Details

  • Assessor Parcel Number 2560840100

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,664

Year Built

Built in 1954

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: ENCINITAS
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2560840100
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1469.00 Square Feet
  • Stories: 2
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Fire Pit
  • Levels: Two
  • Price Per Square Foot: 1317.22
  • Room Type: Bonus Room

Exterior Features

  • View: Ocean, Panoramic
  • Pool Private: No
  • Roof: Composition, Stone
  • Construction Materials: Stone, Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Attached Carport, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Heating Type: Fireplace(s), Wood
  • Laundry Features: Electric Dryer Hookup, Individual Room, Washer Included, Gas Dryer Hookup

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: San Diego Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Bluff

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2023
Closed on
Jul 10, 2023
Sold by
Towers 2018 Trust and Towers Raquel Kelley
Bought by
612 Neptune Ave Llc
Seller's Agent
Laura Barry
Barry Estates
Buyer's Agent
Robert Brown
Fantastik Realty
List Price
$5,300,000
Sold Price
$5,300,000
Views
8
Current Estimated Value
$5,728,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,311
Avg. Annual Appreciation
3.73%

Purchase Details

Closed on
Apr 25, 2018
Sold by
Towers Raquel Kelley
Bought by
Towers Raquel Kelley

Purchase Details

Listed on
Aug 1, 2011
Closed on
May 3, 2012
Sold by
Jones Dhani
Bought by
Towers Kevin S and Towers Raquel Kelley
Seller's Agent
Bill Bonning
eXp Realty of California, Inc
Buyer's Agent
Doug Springer
Del Mar Realty Assoc.,Inc
List Price
$2,300,000
Sold Price
$1,935,000
Premium/Discount to List
-$365,000
-15.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$1,548,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2006
Sold by
Savarese Joseph E and Savarese Mildred A
Bought by
Jones Dhani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 17, 2003
Sold by
Savarese Edward W
Bought by
Savarese Joseph E and Savarese Mildred A

Purchase Details

Closed on
Jul 18, 2003
Sold by
Savarese Joseph E and Savarese Mildred A
Bought by
Savarese Joseph E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,000
Interest Rate
1.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 27, 2001
Sold by
Savarese Joseph E and Savarese Mildred A
Bought by
Savarese Joseph E and Savarese Mildred A

Purchase Details

Closed on
Nov 27, 2000
Sold by
Powell Claudia
Bought by
Savarese Joseph E and Savarese Mildred A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
8%

Purchase Details

Closed on
Dec 27, 1995
Sold by
Ito Tadao and Ito Kazuko
Bought by
Brunswick Aaron
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 Type Sale Price Title Company
Grant Deed $5,300,000 Chicago Title
Interfamily Deed Transfer -- None Available
Grant Deed $1,935,000 Chicago Title Company
Grant Deed $2,300,000 New Century Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- Gateway Title
Administrators Deed $790,000 California Title
Individual Deed -- Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,548,000 New Conventional
Previous Owner $1,650,000 Unknown
Previous Owner $250,000 Credit Line Revolving
Previous Owner $1,380,000 Fannie Mae Freddie Mac
Previous Owner $150,000 Credit Line Revolving
Previous Owner $250,000 Credit Line Revolving
Previous Owner $999,000 Unknown
Previous Owner $300,000 Credit Line Revolving
Previous Owner $75,000 Credit Line Revolving
Previous Owner $555,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2023 07/23/23 Sold $5,300,000 0.0% $5,136 / Sq Ft
07/23/2023 07/23/23 Pending -- -- --
07/23/2023 07/23/23 For Sale $5,300,000 +173.9% $5,136 / Sq Ft
06/04/2012 06/04/12 Sold $1,935,000 +37111.5% $1,317 / Sq Ft
05/05/2012 05/05/12 Pending -- -- --
02/09/2012 02/09/12 Rented $5,200 0.0% --
01/10/2012 01/10/12 Under Contract -- -- --
01/01/2012 01/01/12 For Rent $5,200 0.0% --
08/01/2011 08/01/11 For Sale $2,300,000 -- $1,566 / 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
2025 $56,664 $5,406,000 $4,590,000 $816,000
2024 $56,664 $5,300,000 $4,500,000 $800,000
2023 $25,168 $2,336,084 $1,810,921 $525,163
2022 $24,638 $2,290,279 $1,775,413 $514,866
2021 $24,296 $2,245,372 $1,740,601 $504,771
2020 $23,961 $2,222,350 $1,722,754 $499,596
2019 $23,471 $2,178,775 $1,688,975 $489,800
2018 $23,011 $2,136,055 $1,655,858 $480,197
2017 $22,601 $2,094,173 $1,623,391 $470,782
2016 $21,879 $2,053,111 $1,591,560 $461,551
2015 $21,546 $2,022,273 $1,567,654 $454,619
2014 $21,102 $1,982,660 $1,536,946 $445,714
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 110045664

California Regional Multiple Listing Service (CRMLS)

APN: 256-084-01