NOT LISTED FOR SALE

Estimated Value: $1,821,000 - $2,601,192

6 Beds
5 Baths
-- Sq Ft
0.33 Acres

Last Sold July 21, 2016

Last sale price $1,150,000

Est. 91% increase in value since last sale

Current estimated payment $13,250/month

156 Days on Market

Highlights

  • Ocean View
  • Forced Air Heating System
  • Partially Fenced Property
  • Ocean Knoll Elementary School Rated A

About This Home

As of July 2016

Ocean view duplex close to San Dieguito Academy and downtown Encinitas. This property is on a large lot with room for possible expansion. Each home has its own 2 car garage. The only shared wall is between the garages. Consider the options: 1) live in one and rent the other; 2) live in one and have the other for extended family; or rent both out. All information in this listing is deemed reliable, but not verified. Buyer and buyer's agent to independently verify. Neighborhoods: Olde Encinitas Exterior: Wood/Stucco Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 633 Unit # for Unit 2: 635 Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Tom Cozens

First Team Real Estate License #01427067 Listed on: 11/25/2015

Last Buyer's Agent

Sean Caddell

Pacific Sotheby's International Realty License #01192842

Pacific Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,828

Year Built

  • Built in 1978

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 66x110x73x88
  • Partially Fenced Property

Property Views

  • Ocean Views

Home Design

  • Split Level Home
  • Composition Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 2582735000

Community Details

Overview

  • 2 Units
  • Olde Encinitas

Building Details

  • Net Operating Income $38,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,828

Year Built

Built in 1978

Lot Details

0

Listing Details

  • CapRate: 3.20
  • Park Name: Olde Encinitas
  • Subdivision Name Other: Encinitas
  • View: Yes
  • Zoning: R-11
  • Property Type: Residential Income
  • Parcel Number: 2582735000
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Yes
  • Levels: Multi/Split

Exterior Features

  • View: Ocean
  • Fence: Yes
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas, Forced Air

Lot Info

  • Lot Size: 66X110X73X88
  • Lot Size Sq Ft: 14374.00
  • Lot Size Acres: 0.3300

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 48000.00
  • Lot Size Area: 14374.0000 Square Feet
  • Net Operating Income: 38000.00
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2016
Sold by
Fowler Marilyn Lee and Fuller Judith Lynn
Bought by
Murphy Joseph F
Current Estimated Value
$2,194,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2010
Sold by
West Dorothy G
Bought by
West Dorothy G
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Murphy Joseph F $1,150,000 First American Title Ins Co
West Dorothy G -- None Available
West Dorothy G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Joseph F $142,000
Previous Owner Murphy Joseph F $920,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2016 07/21/16 Sold $1,150,000 0.0% --
04/29/2016 04/29/16 Pending -- -- --
11/25/2015 11/25/15 For Sale $1,150,000 -- --
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 $14,828 $1,334,667 $1,102,553 $232,114
2024 $14,828 $1,308,498 $1,080,935 $227,563
2023 $14,417 $1,282,842 $1,059,741 $223,101
2022 $14,123 $1,257,689 $1,038,962 $218,727
2021 $13,856 $1,233,030 $1,018,591 $214,439
2020 $13,884 $1,220,388 $1,008,147 $212,241
2019 $13,613 $1,196,460 $988,380 $208,080
2018 $13,494 $1,173,000 $969,000 $204,000
2017 $13,392 $1,150,000 $950,000 $200,000
2016 $3,203 $197,527 $22,127 $175,400
2015 $3,130 $194,561 $21,795 $172,766
2014 $3,024 $190,751 $21,369 $169,382
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 150063593

California Regional Multiple Listing Service (CRMLS)

APN: 258-273-50