NOT LISTED FOR SALE

Estimated Value: $6,736,000 - $8,694,629

5 Beds
5 Baths
3,386 Sq Ft
$2,271/Sq Ft Est. Value

Last Sold February 09, 2012

Last sale price $1,850,000 $546 Per Sq Ft

Est. 316% increase in value since last sale

Current estimated payment $50,269/month

7 Days on Market

Highlights

  • Ocean Front
  • Two Primary Bedrooms
  • Living Room with Fireplace
  • Paul Ecke-Central Elementary Rated A
  • Bluff on Lot
  • Main Floor Bedroom

About This Home

As of February 2012

$1M+ state-of-the-art seawall. Take advantage of a rare opportunity to purchase an oceanfront home at a substantial discount to the property's underlying value. Reinforced by an upper and lower seawall, this turnkey home was recently remodeled and painted. Offering two kitchens and a rare on the oceanfront three-car garage, this versatile floorplan accommodates a multitude of lifestyle needs and has great potential for significant rental income. 5 minute walk to Beacon's Beach, Pannikin, Mozy's and more! Featuring a unique split floor plan that lives like two units with a separate two bedroom/two full bath downstairs and three bedroom/three full bath upstairs, this property is one of the best values on the coast and boasts tremendous functionality. This home is an ideal summer vacation property for generational (multi) families who vacation together and want to enjoy each other's company but also prefer the privacy of two separate living quarters. Experience first-class living in this magnificent oceanfront home. Benefitting from a prime location along the Neptune bluff, this property is a beachgoer's dream and just a five minute walk to Beacons Beach. Set atop the cliffs of the Southern California coastline, this beach house offers an unimpeded 180-degree view of the Pacific Ocean. Featuring new paint and carpet throughout, the upstairs also boasts a new LG refrigerator and dishwasher, new skylights, new dual-pane windows with anti-glare coating and a fantastic private balcony with sweeping ocean views. The downstairs also features new paint, a new LG refrigerator and dishwasher, updated lighting fixtures and refinished showers. Both upstairs and downstairs have their own fireplace and dedicated laundry rooms. As you enjoy the area surrounding your new property, you'll be put immediately at ease by this relaxed, coastal community and the attractive beach homes all uniquely appointed and displaying pride of ownership. Enjoy a coffee at the famous Pannikin Coffee & Tea House or a bite to eat at Le Petit Calypso before heading down to Beacons Beach for a stroll on the sand or a swim in the ocean. When you get home, relax on your expansive tiled patio while taking in the panoramic whitewater views. Spend evenings around your fire pit while you BBQ with friends and family.

Last Listed By

Nicole Mazzola

AARE License #01721429 Listed on: 01/16/2012

AARE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $89,217

Year Built

  • Built in 1978

Lot Details

  • 8,712 Sq Ft Lot
  • Ocean Front
  • Property is Fully Fenced
  • Bluff on Lot
  • Level Lot
  • Private Yard
  • Property is zoned R11

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • City Lights

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,386 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Office
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Double Master Bedroom
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Full Size Washer or Dryer
  • Dryer
  • Washer

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

  • Separate Water Meter
  • Gas Water Heater

Additional Features

  • Stone Porch or Patio
  • West of 5 Freeway

Listing and Financial Details

  • Assessor Parcel Number 256-051-21-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$89,217

Year Built

Built in 1978

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Coastal North
  • Cross Street: Daphne
  • Neighborhood: Oceanfront
  • Supplement: Featuring a unique split floor plan that lives like two units with a separate two bedroom/two full bath downstairs and three bedroom/three full bath upstairs, this property is one of the best values on the coast and boasts tremendous functionality. This h
  • Estimated Living Space: 3,000 to 3,999 SqFt
  • LP / Sq Ft: 649.73
  • Miscellaneous: Value in Land
  • Price Per Sq Ft: 546.37
  • Residential Unit Location: Detached
  • SP/ Sq Ft: 546.37
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet
  • Equipment Available: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplaces: 2
  • Fireplace: Fp In Living Room
  • Searchable Rooms: Bedroom Entry Level, Breakfast Area, Dining Area, Dining Room/Separate, Family Room, Master Bdrm 2, Office
  • Total Bedrooms: 5
  • Bedrooms: 5
  • Master Bedroom Dimensions: 16X15
  • Full Bathrooms: 5
  • Laundry Location: Closet Full Sized, Laundry Room
  • Estimated Sq Ft: 3386
  • Total Bathrooms: 5

Exterior Features

  • Exterior Material: Wood
  • Fencing: Full
  • Frontage: Ocean/Bluff
  • Patio: Stone/Tile
  • Roof: Composition
  • View: Evening Lights, Ocean, Panoramic Ocean
  • Three or more Steps To Entry: Yes
  • Exclusive Use Yard: Yes
  • Frontage Dimensions in Feet: 44

Garage/Parking

  • Garage Details: Detached
  • Garage Spaces: 3
  • Non Garage Parking: Driveway
  • Garage Spaces: 3
  • Parking Spaces Total: 6

Utilities

  • Laundry Utilities: Gas
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: ENCINITAS

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: West of I-5
  • Topography: Bluff/Canyon Rim, Level
  • Water District: SAN DIEGUITO WATER DISTRICT
  • Zoning: R11
  • Assessor Parcel Number: 256-051-21-00
  • Estimated Lot Sq Ft: 8712
  • Estimated Number of Acres: 0.2
  • Map Code Column: A
  • Map Code Page: 1147
  • Map Code Row: 5

Tax Info

  • Assessor Parcel Number: 680Neptune92024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2021
Sold by
Tehle David M and Tehle Mona D
Bought by
First Republic Trust Company Of Wy Lc
Total Days on Market
7
Current Estimated Value
$7,689,210

Purchase Details

Closed on
Jun 17, 2019
Sold by
Tehle David M and Tehle Mona
Bought by
Tehle David M and Tehle Mona D

Purchase Details

Closed on
May 5, 2017
Sold by
Hasnain Faheem and Hasnain Marie
Bought by
Tehle David M and Tehle Mona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,720,000
Interest Rate
3.15%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 20, 2014
Sold by
Simmons J K and Schumacher Michelle
Bought by
The Hasnain Trust

Purchase Details

Closed on
May 23, 2012
Sold by
Rg3 Productions Llc
Bought by
Simmons J K and Schumacher Michelle

Purchase Details

Listed on
Jan 16, 2012
Closed on
Feb 2, 2012
Sold by
Intermarket Investment Neptune Group Llc
Bought by
Rg3 Productions Llc
Seller's Agent
Nicole Mazzola
AARE
Buyer's Agent
Nicole Mazzola
AARE
List Price
$2,200,000
Sold Price
$1,850,000
Premium/Discount to List
-$350,000
-15.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.32%

Purchase Details

Closed on
Feb 28, 2005
Sold by
Li Bernard and Li Elizabeth
Bought by
Intermarket Investment Neptune Group Llc

Purchase Details

Closed on
Jun 1, 2001
Sold by
E M Brylor Co
Bought by
Li Bernard and Li Elizabeth

Purchase Details

Closed on
Mar 22, 2001
Sold by
Refold Jay
Bought by
E M Brylor Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
5.62%

Purchase Details

Closed on
Jan 19, 2001
Sold by
Colman Henry
Bought by
Refold Jay

Purchase Details

Closed on
Mar 6, 1998
Sold by
Henry Colman and Henry Donna
Bought by
Colman Henry

Purchase Details

Closed on
Dec 23, 1997
Sold by
Henry Colman
Bought by
Colman Henry and Brainard Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
3.95%

Purchase Details

Closed on
Jul 8, 1997
Sold by
Henry Colman
Bought by
Colman Henry

Purchase Details

Closed on
Oct 17, 1996
Sold by
Henry Colman and Henry Lavonne Donna
Bought by
Colman Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,500
Interest Rate
7%

Purchase Details

Closed on
Oct 2, 1984

Range of Values:

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Average Value
Not Available
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
First Republic Trust Company Of Wy Lc $8,000,000 Wfg Title Co Of Ca San Diego
Tehle David M -- None Available
Tehle David M $6,090,000 Title365
The Hasnain Trust $6,450,000 Ticor Title Company
Simmons J K -- None Available
Rg3 Productions Llc $1,850,000 Fidelity National Title Co
Intermarket Investment Neptune Group Llc -- Fidelity National Title
Li Bernard $1,735,000 Fidelity National Title Co
E M Brylor Co -- Fidelity National Title
Refold Jay -- Fidelity National Title Co
Refold Jay $1,400,000 Fidelity National Title Co
Colman Henry -- --
Colman Henry -- Old Republic Title Company
Colman Henry -- Old Republic Title Company
Colman Henry -- Old Republic Title Company
-- $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open First Republic Trust Company Of Wy Llc $5,200,000
Previous Owner Tehle David M $3,720,000
Previous Owner Li Bernard A $1,355,000
Previous Owner Refold Jay $1,120,000
Previous Owner Colman Henry $414,000
Previous Owner Colman Henry $404,500
Previous Owner Colman Henry $404,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2012 02/09/12 Sold $1,850,000 -15.9% $546 / Sq Ft
01/23/2012 01/23/12 Pending -- -- --
01/16/2012 01/16/12 For Sale $2,200,000 -- $650 / 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 $89,217 $8,323,200 $6,762,600 $1,560,600
2023 $87,093 $8,160,000 $6,630,000 $1,530,000
2022 $85,307 $8,000,000 $6,500,000 $1,500,000
2021 $69,963 $6,505,261 $3,002,165 $3,503,096
2020 $69,025 $6,438,559 $2,971,382 $3,467,177
2019 $67,604 $6,312,314 $2,913,120 $3,399,194
2018 $66,273 $6,188,544 $2,856,000 $3,332,544
2017 $71,573 $6,679,328 $2,588,887 $4,090,441
2016 $69,275 $6,548,362 $2,538,125 $4,010,237
2015 $68,243 $6,450,000 $2,500,000 $3,950,000
2014 $20,401 $1,895,566 $1,639,409 $256,157
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 120002901

San Diego MLS

APN: 256-051-21