NOT LISTED FOR SALE

701 Passiflora Ave Unit 72 Encinitas, CA 92024

Estimated Value: $3,455,000 - $4,091,000

0.87 Acre
$4,290,252 Price per Acre
37,897 Sq Ft Lot

Last Sold December 08, 2023

Last sale price $3,235,000

Est. 15% increase in value since last sale

Current estimated payment $22,590/month

91 Days on Market

Highlights

  • Ocean View
  • 0.87 Acre Lot
  • Gentle Sloping Lot
  • Capri Elementary School Rated A
  • Partially Fenced Property

About This Lot

As of December 2023

Imagine the Possibilities! Opportunity for a lot split. Situated on nearly one acre, this one-of-a-kind, hilltop homesite features stunning 360 degree panoramic ocean and back country views, all within minutes drive to world class beaches, shopping and dining. Boasting an enviable sense of privacy, this south west facing lot provides a unique opportunity to build your dream home and enjoy the coveted Encinitas lifestyle. Proposed plans from Award Winning Blue Heron features a modern masterpiece that includes a view-oriented main house, detached 1,200 sq ft casita, indoor basketball court, bowling, garage with car elevator, infinity pool, 2 master suites, and spectacular ocean views. Use these plans, or build your dream home! All utilities are in place with recent surveys and soil reports available for review.

Last Agent to Sell the Property

Priscilla Wood

Compass License #01450986 Listed on: 07/10/2023

Compass

Co-Listed By

Jason Saks

Douglas Elliman of California, Inc. License #02100027

Last Buyer's Agent

OUT OF AREA

OUT OF AREA License #00000000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $34,544

Lot Details

  • 0.87 Acre Lot
  • Partially Fenced Property
  • Gentle Sloping Lot

Property Views

  • Ocean
  • Panoramic
  • Golf Course
  • Mountain

Schools

  • Encinitas Union School District Elementary School
  • San Dieguito High School District Middle School
  • San Dieguito High School District

Utilities

  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 256-440-72-00

Property Details

Property Type

Land

Est. Annual Taxes

$34,544

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Type: Lots/Land
  • Market Area: Coastal North
  • Neighborhood: Coastal Encinitas
  • Cross Street: Sidonia St
  • Price Per Sq Ft: 3718390.8
  • Sale Price List Price: 0.94
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Partial
  • View: Golf Course, Mountains/Hills, Ocean, Panoramic Ocean, Panoramic

Utilities

  • Sewer/Septic: Sewer Available
  • Water: Available
  • Utilities Available: Below Ground

Condo/Co-op/Association

  • Community: Encinitas

Schools

  • Elementary School: Encinitas Union School District
  • Elementary School Website: http://www.eusd.k12.ca.us/
  • 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: .5 To 1 Ac
  • Topography: Slope Gentle
  • Water District: San Dieguito Water District
  • Zoning: R-1
  • Estimated Lot Sq Ft: 37026
  • Estimated Number of Acres: 0.87
  • Assessor Parcel Number: 256-440-72-00
  • Lot Number: 72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2023
Closed on
Oct 26, 2023
Sold by
701 Passiflora Ave Llc
Bought by
Cynthia Ward Trust and Kahla
Seller's Agent
Priscilla Wood
Compass
Buyer's Agent
OUT OF AREA
OUT OF AREA
List Price
$3,450,000
Sold Price
$3,235,000
Premium/Discount to List
-$215,000
-6.23%
Views
34
Current Estimated Value
$3,732,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$497,519
Avg. Annual Appreciation
8.18%

Purchase Details

Closed on
Jan 26, 2022
Sold by
Eric Brady
Bought by
701 Passiflora Ave Llc

Purchase Details

Closed on
Jul 14, 2021
Sold by
701 Passiflora Ave Llc
Bought by
Brady Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2021
Sold by
Kopion Inc
Bought by
701 Passiflora Ave Llc

Purchase Details

Closed on
Mar 14, 2018
Sold by
Bahlmann Bryan G
Bought by
Kopion Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
4.32%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 1, 2015
Sold by
Shea Homes Limited Partnership
Bought by
Trust B Of The Bahlmann Family Trust and Trust A Of The Bahlmann Family Trust
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
Cynthia Ward Trust $3,235,000 Chicago Title
701 Passiflora Ave Llc -- None Listed On Document
Brady Eric -- First American Title Ins Co
701 Passiflora Ave Llc $3,700,000 First American Title
Kopion Inc $3,350,000 First American Title Company
Trust B Of The Bahlmann Family Trust -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brady Eric $1,000,000
Previous Owner Kopion Inc $1,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $3,235,000 -6.2% --
10/10/2023 10/10/23 Pending -- -- --
07/10/2023 07/10/23 For Sale $3,450,000 -- --
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
2025 $34,544 $3,299,700 $3,299,700 --
2024 $34,544 $3,235,000 $3,235,000 --
2023 $40,936 $3,849,480 $3,693,420 $156,060
2022 $40,188 $3,774,000 $3,621,000 $153,000
2021 $13,776 $1,261,414 $1,077,458 $183,956
2020 $13,625 $1,248,480 $1,066,410 $182,070
2019 $9,742 $883,122 $662,342 $220,780
2018 $9,228 $865,806 $649,355 $216,451
2017 $9,031 $848,830 $636,623 $212,207
2016 $8,738 $832,188 $624,141 $208,047
2015 $8,616 $819,688 $614,766 $204,922
2014 $8,476 $803,632 $602,724 $200,908
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 230013197

San Diego MLS

APN: 256-440-72