$3,200,000
SOLD OCT 4, 2023

707 Olympus St Encinitas, CA 92024

7 Beds
6.5 Baths
4,677 Sq Ft
0.71 Acres

Recently Sold

$684 Per Sq Ft

13% Below List Price

82 Days on Market

Highlights

  • 0.71 Acre Lot
  • Outdoor Fireplace
  • 3 Car Attached Garage
  • Capri Elementary School Rated A
  • Hiking Trails
  • 1-minute walk to Olympus Park

About This Home

As of October 2023

Sellers Will Entertain Offers Between $2,999,000 and $3,399,000! Incredibly reimagined Leucadia estate with easy access to one of Encinitas newest and most acclaimed parks, Capri Elementary and Encinitas Beaches offers a rare opportunity to own one of Maravu’s most anticipated properties with one of the largest lots at .71 Acres there are many options for entertainment and play areas. This 4100 sq ft 5 bed, 5.5 bath offers a full bed an bath suite on the first floor, plus an office, an additional bonus room with separate entrance perfect for a gym or playroom AND an attached 552 sq ft 1 bed 1 bath casita, perfect for guests, live in’s, or extended family members who love their own area and yard space. From the moment you walk through the front door you will notice the level of detail and care taken to create a modern chic spin in this mediterranean styled home. Light oak colored LVP runs through the entire home and will lead you from the front door into all the living areas downstairs. The front part of the lower level offers a cozy formal living room with fireplace and formal dining room, both looking out over the larg grass play area in the backyard. Across the hall next to the door to the 1 car garage is a 1st level bedroom with a full bath and walk in closet. In the back of the lower level is the family room with fireplace, built in TV nook and the redesigned kitchen with a gorgeous center island, an abundance of quartz counter space, designer tile accents and backsplash and stainless steel appliances. Off the kitchen is the laundry / mud room, access to the 2 car garage and multiple sliders to the incredibly large and usable entertainment backyard with two fire pits, pond and water feature, outdoor BBQ island with new grill, refrigerator and covered by a fresh Island Style Palapa, areas to garden and multiple large grass areas and different options to add a pool. Upstairs are 3 other secondary bedrooms, 2 of which offer ensuite updated bathrooms, and the additional bonus room with dual balconies and separate entrance. Just past the office you will enter the sizable Primary Bedroom with a refreshed Primary Bath offering new vanities, designer tile accents, deep soaking tub and separate glass enclosed shower, new luxury fixtures and a large walk in closet. Don’t miss your opportunity to tour this extraordinary home, call us for your private showing today.

Last Agent to Sell the Property

Gary Massa

eXp Realty of California, Inc License #01790900 Listed on: 06/02/2023

eXp Realty of California, Inc

Co-Listed By

Debbie Keckeisen

Compass License #01869247

Last Buyer's Agent

Kevin Cummins

Compass License #01812762

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,218

Year Built

  • Built in 2003 | Remodeled

Lot Details

  • 0.71 Acre Lot
  • Southwest Facing Home
  • Back Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned R-1:SINGLE FAM-RES

HOA Fees

  • $273 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 4 Open Parking Spaces

Home Design

  • Turnkey
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 4,677 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Gas Oven or Range
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Dishwasher
  • Disposal
  • Instant Hot Water

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms | 2 Main Level Bedrooms

Accessible Home Design

  • Halls are 48 inches wide or more
  • Doors swing in
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits

Outdoor Features

  • Fireplace in Patio
  • Outdoor Fireplace
  • Outdoor Grill

Utilities

  • Central Air
  • Heating Available
  • Tankless Water Heater

Additional Features

  • Solar Heating System
  • Suburban Location

Listing and Financial Details

  • Tax Tract Number 14249
  • Assessor Parcel Number 2544112300
  • $1,336 per year additional tax assessments

Community Details

Overview

  • Maravu HOA, Phone Number (858) 551-1885

Recreation

  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,218

Year Built

Built in 2003 | Remodeled

Lot Details

0

HOA Fees

$273 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: No
  • Zoning: R-1:SINGLE FAM-RES
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2544112300
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4677.00
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Vinyl
  • Accessibility Features: 2+ Access Exits, 32 Inch Or More Wide Doors, 48 Inch Or More Wide Halls, Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Outside, Patio
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 684.20
  • Room Type: Family Room, Kitchen, Living Room

Exterior Features

  • Direction Faces: Southwest
  • Fence: No
  • Pool Private: No
  • Roof: Spanish Tile, Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: No
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 4.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Built-In, Dishwasher, Disposal, Gas Cooking, Instant Hot Water, Range Hood, Refrigerator, Tankless Water Heater
  • Heating Type: Solar
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 273.00
  • Association Fee Frequency: Monthly
  • Association Name: Maravu HOA
  • Phone: 858-551-1885
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Suburban, Biking, Dog Park, Hiking, Park

Schools

  • School District: Encinitas Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard
  • Lot Size Sq Ft: 30927.60
  • Lot Size Acres: 0.7100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.7100 Acres
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: 014249
  • TaxOtherAnnualAssessmentAmount: 1336.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Sep 25, 2023
Sold by
Henley Jeremy
Bought by
Peterzell Family Trust and Peterzell
Seller's Agent
Gary Massa
eXp Realty of California, Inc
Buyer's Agent
Kevin Cummins
Compass
List Price
$3,699,000
Sold Price
$3,200,000
Premium/Discount to List
-$499,000
-13.49%
Views
313
Current Estimated Value
$3,423,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,730
Avg. Annual Appreciation
3.87%

Purchase Details

Closed on
Nov 18, 2022
Sold by
Catamount Properties 2018 Llc
Bought by
Henley Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2020
Closed on
Feb 28, 2020
Sold by
Wilmington Trust Na
Bought by
Catamount Properties 2018 Llc
Seller's Agent
ED Giovanola
Edward Giovanola
Buyer's Agent
Diana Fitzpatrick
Wedgewood Homes Realty
List Price
$1,920,000
Sold Price
$1,575,000
Premium/Discount to List
-$345,000
-17.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.53%

Purchase Details

Closed on
Aug 22, 2018
Sold by
Orellana Carlos A
Bought by
Wilmington Trust N A and Bear Stearns Alt A Trust

Purchase Details

Closed on
Jun 29, 2018
Sold by
Malone Luzmaria Boyd
Bought by
The Good Scout Family Trust

Purchase Details

Closed on
Jul 17, 2014
Sold by
Malone Luz Maria Boyd
Bought by
Brevan Penscott Childrens Trust and Malone Luzmaria Boyd

Purchase Details

Closed on
Aug 24, 2010
Sold by
Orellana Carlos A
Bought by
Citibank Na

Purchase Details

Closed on
Jun 25, 2008
Sold by
Orellana Carlos A
Bought by
Malone Michael L and Malone Luz Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,936,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2006
Sold by
Orellana Mirna
Bought by
Orellana Carlos A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 19, 2005
Sold by
Orellana Mirna
Bought by
Orellana Carlos A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.67%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 10, 2003
Sold by
Orellana Mirna
Bought by
Orellana Carlos A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$697,100
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2003
Sold by
Standard Pacific Corp
Bought by
Orellana Carlos A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$697,100
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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 $3,200,000 Lawyers Title Company
Deed -- Lawyers Title Company
Grant Deed $2,200,000 Fidelity National Title
Grant Deed $1,575,000 Title365 Company
Trustee Deed $1,939,721 First American Title Company
Trustee Deed $19,422 Accommodation
Interfamily Deed Transfer -- None Available
Trustee Deed $1,260,000 Landsafe Title
Grant Deed $1,936,000 None Available
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed $996,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,200,000 New Conventional
Previous Owner $12,500 Unknown
Previous Owner $0 Unknown
Previous Owner $12,500 Unknown
Previous Owner $0 Unknown
Previous Owner $1,936,000 Purchase Money Mortgage
Previous Owner $435,000 Credit Line Revolving
Previous Owner $1,500,000 New Conventional
Previous Owner $540,000 Credit Line Revolving
Previous Owner $200,000 Credit Line Revolving
Previous Owner $999,999 Unknown
Previous Owner $90,000 Credit Line Revolving
Previous Owner $910,000 Credit Line Revolving
Previous Owner $697,100 Purchase Money Mortgage
Closed $199,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2023 10/04/23 Sold $3,200,000 -5.9% $684 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
08/16/2023 08/16/23 Price Changed $3,399,000 -2.9% $727 / Sq Ft
08/02/2023 08/02/23 Price Changed $3,499,000 -2.8% $748 / Sq Ft
07/19/2023 07/19/23 Price Changed $3,599,000 -2.7% $770 / Sq Ft
06/15/2023 06/15/23 For Sale $3,699,000 +15.6% $791 / Sq Ft
05/26/2023 05/26/23 Off Market $3,200,000 -- --
03/02/2020 03/02/20 For Sale $1,920,000 +21.9% $417 / Sq Ft
02/28/2020 02/28/20 Sold $1,575,000 -- $342 / 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
2024 $35,218 $3,200,000 $2,100,000 $1,100,000
2023 $25,338 $2,200,000 $1,400,000 $800,000
2022 $18,451 $1,623,142 $927,510 $695,632
2021 $22,655 $1,591,317 $909,324 $681,993
2020 $22,224 $1,978,515 $1,224,000 $754,515
2019 $21,786 $1,939,721 $1,200,000 $739,721
2018 $20,812 $1,848,463 $1,029,858 $818,605
2017 $20,455 $1,812,219 $1,009,665 $802,554
2016 $20,002 $1,776,686 $989,868 $786,818
2015 $19,529 $1,750,000 $975,000 $775,000
2014 $17,373 $1,550,000 $826,000 $724,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2303534

California Regional Multiple Listing Service (CRMLS)

APN: 254-411-23