NOT LISTED FOR SALE

625 Neptune Ave Encinitas, CA 92024

Estimated Value: $2,662,000 - $3,986,000

3 Beds
2 Baths
1,574 Sq Ft
$2,003/Sq Ft Est. Value

Last Sold March 06, 2024

Last sale price $2,675,000 $1,699 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $19,867/month

56 Days on Market

Highlights

  • Solar Power System
  • Wood Burning Stove
  • Main Floor Bedroom
  • Paul Ecke-Central Elementary Rated A
  • Wood Flooring
  • 1 Fireplace

About This Home

As of March 2024

Location-Location-Location! This Midcentury modern home is located on the most coveted street in all of Encinitas. Ideally situated between Stonesteps Beach and Beacons this is truly a rare opportunity purchase a home on Neptune at this entry point! This is the lowest priced single family home to have hit the market in the past couple of years on this street. The property features a very large lot with rare additional access to Coast Hwy via a private drive with enough space to expand and even add an ADU. The upstairs split level provides privacy and separates 2 bedrooms from the entertaining area with an expansive balcony that offers indoor outdoor living. Downstairs offers a separate bedroom & bathroom with a private living area. Additionally, there is a large bonus room downstairs that's perfect to workout in and store all your beach toys. This property could be divided into several rental units as well and may be a perfect fit for a 1099 Exchange.

Last Agent to Sell the Property

Darin Daly

Coldwell Banker Realty License #01968716 Listed on: 12/15/2023

Last Buyer's Agent

Aaron Simons

Keller Williams Realty License #01434983

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,470

Year Built

  • Built in 1961

Lot Details

  • Property is Fully Fenced
  • Wood Fence
  • Chain Link Fence
  • Gentle Sloping Lot

Home Design

  • Asbestos Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,574 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Wood Burning Stove
  • Separate Family Room
  • Living Room
  • Dining Area
  • Bonus Room
  • Game Room
  • Workshop
  • Storage Room
  • Utility Room
  • Home Gym
  • Walk-Out Basement

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Stove
  • Free-Standing Range
  • Range Hood
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Parking

  • 4 Parking Spaces
  • Attached Carport
  • Converted Garage
  • Driveway
  • On-Street Parking

Eco-Friendly Details

  • Solar Power System

Listing and Financial Details

  • Assessor Parcel Number 256-081-38-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,470

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Coastal North
  • Cross Street: Athena
  • Neighborhood: Beach
  • LP / Sq Ft: 1743.96
  • Price Per Sq Ft: 1699.49
  • SP/ Sq Ft: 1699.49
  • Stories: 2 Story
  • Stories In Building: 2
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 1961
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Equipment Available: Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator, Solar Panels, Free Standing Range, Gas Oven, Gas Stove, Range/Stove Hood, Gas Range, Counter Top, Gas Cooking
  • Fireplaces: 1
  • Fireplace: Wood Stove Insert
  • Searchable Rooms: Basement, Bedroom Entry Level, Bonus Room, Dining Area, Exercise Room, Family Room, Optional Bedrooms, Storage Room, Walkout Basement, Workshop, Utility Room, Game Room, Kitchen, Living Room, Master Bedroom, Gym, Separate Family Room
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 13x16
  • Full Bathrooms: 2
  • Laundry Location: Garage
  • Estimated Sq Ft: 1574
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Wood, Wood/Stucco
  • Fencing: Full, Chain Link, Wood
  • Roof: Asbestos Shingle

Garage/Parking

  • Garage Details: Converted
  • Non Garage Parking: Carport, Driveway, Carport Attached, Covered Parking, Driveway - Asphalt, Street
  • Garage Spaces: 4
  • Parking Spaces Total: 4

Utilities

  • Laundry Utilities: Gas
  • Sewer/Septic: Sewer Connected
  • Water: Public
  • Heating: Forced Air Unit, Wood Stove
  • Heating Fuel: Natural Gas, Wood

Condo/Co-op/Association

  • Community: ENCINITAS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Slope Gentle
  • Assessor Parcel Number: 256-081-38-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2024
Sold by
Schroeder Alexander
Bought by
Alexander Schroeder Trust and Schroeder
Current Estimated Value
$3,152,573

Purchase Details

Listed on
Dec 15, 2023
Closed on
Feb 15, 2024
Sold by
Patrick Glynn Revocable Trust
Bought by
Alexander Schroeder1
Seller's Agent
Darin Daly
Coldwell Banker Realty
Buyer's Agent
Aaron Simons
Keller Williams Realty
List Price
$2,745,000
Sold Price
$2,675,000
Premium/Discount to List
-$70,000
-2.55%
Views
235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.82%
Original Mortgage
$2,140,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2023
Closed on
May 16, 2023
Sold by
Glynn Patrick
Bought by
Patrick Glynn Revocable Trust
Seller's Agent
Felicia Gamez-Weinbaum
FW Property Group
Buyer's Agent
Darin Daly
Coldwell Banker Realty
List Price
$2,750,000
Sold Price
$2,675,000
Premium/Discount to List
-$75,000
-2.73%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Listed on
Apr 15, 2023
Closed on
Apr 20, 2023
Sold by
Specht Revocable Family Trust
Bought by
Glynn Patrick
Seller's Agent
Felicia Gamez-Weinbaum
FW Property Group
Buyer's Agent
Darin Daly
Coldwell Banker Realty
List Price
$2,750,000
Sold Price
$2,675,000
Premium/Discount to List
-$75,000
-2.73%
Views
3

Purchase Details

Closed on
Jul 2, 2014
Sold by
Specht Andrew W and Specht Brenda Flowers
Bought by
Specht Revocable Family Trust

Purchase Details

Closed on
Feb 3, 1994
Sold by
Specht Andrew W
Bought by
Specht Andrew W and Flowers Specht Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
7.19%

Purchase Details

Closed on
Dec 8, 1992

Purchase Details

Closed on
Oct 26, 1988
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
Alexander Schroeder Trust -- None Listed On Document
Alexander Schroeder1 $2,675,000 Ticor Title Company
Patrick Glynn Revocable Trust -- Ticor Title
Glynn Patrick $2,675,000 Ticor Title
Specht Revocable Family Trust -- None Available
Specht Andrew W -- South Coast Title Company
-- $340,000 --
-- $317,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alexander Schroeder1 $2,140,000
Previous Owner Specht Andrew W $306,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2024 03/06/24 Sold $2,675,000 -2.6% $1,699 / Sq Ft
02/10/2024 02/10/24 Pending -- -- --
12/15/2023 12/15/23 For Sale $2,745,000 +2.6% $1,744 / Sq Ft
05/12/2023 05/12/23 Sold $2,675,000 -2.7% $1,699 / Sq Ft
04/15/2023 04/15/23 Pending -- -- --
04/15/2023 04/15/23 For Sale $2,750,000 -- $1,747 / 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 $29,470 $2,728,500 $2,550,000 $178,500
2023 $6,442 $555,268 $408,412 $146,856
2022 $6,279 $555,268 $408,412 $146,856
2021 $6,166 $544,381 $400,404 $143,977
2020 $6,059 $538,800 $396,299 $142,501
2019 $5,939 $528,236 $388,529 $139,707
2018 $5,827 $517,879 $380,911 $136,968
2017 $191 $507,726 $373,443 $134,283
2016 $5,550 $497,771 $366,121 $131,650
2015 $5,445 $490,295 $360,622 $129,673
2014 $5,316 $480,691 $353,558 $127,133
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230023995

San Diego MLS

APN: 256-081-38