NOT LISTED FOR SALE

Estimated Value: $3,254,000 - $4,324,000

3 Beds
2 Baths
2,331 Sq Ft
$1,690/Sq Ft Est. Value

Last Sold October 15, 2013

Last sale price $1,300,000 $558 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $22,828/month

127 Days on Market

Highlights

  • Ocean View
  • Greenhouse
  • 1.19 Acre Lot
  • Ocean Knoll Elementary School Rated A
  • In Ground Pool
  • Outdoor Fireplace

About This Home

As of October 2013

Redevelopment / Value Added Opportunity

All Land is flat and usable very desirable location for developer or greenhouse grower looking to acquire a coastal location.


Only 1.3 miles from ocean. Subject property consists of 2,331 square foot two story 3 bed 2.5 bath, pool home located on 1.19 acres of prime flat land zoned R-3. Property has 20,000 square feet of greenhouses leased out on a month-to-month basis. Property offers 2 car garage with separate 500 sq work area/shop, beautiful views of ocean, perfect opportunity for home buyer, greenhouse grower/operator or developer.

All Land is flat and usable very desirable location for developer or greenhouse grower looking to acquire a coastal location.

Business and inventory of plants are not included in this offering.

1.19 ACRES Zoned R-3, down the street from parks, schools and shopping, only 1.3 miles from beach, property offers ocean views.

From Interstate 5 exit Encinitas Blvd east to Westlake south, to Requeza, to Bracero Road.

Last Agent to Sell the Property

Adam Farmer

Belco Development & Investment License #01370795 Listed on: 05/16/2013

Last Buyer's Agent

Adam Farmer

Belco Development & Investment License #01370795 Listed on: 05/16/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 1.19 Acre Lot
  • Wood Fence

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Coastline
  • City Lights

Interior Spaces

  • 2,331 Sq Ft Home
  • Fireplace
  • Great Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Fireplace in Patio
  • Outdoor Fireplace
  • Greenhouse
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Outbuilding

Utilities

  • Central Air

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 1513
  • Assessor Parcel Number 2583503000

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2583503000
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2331.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Outside, Patio
  • Levels: Two
  • Price Per Square Foot: 557.70
  • Room Type: Great Room

Exterior Features

  • Other Structures: Greenhouse, Outbuilding, Storage, Workshop
  • View: City Lights, Coastline, Ocean
  • Fence: Yes
  • Fencing: Wood
  • Pool Features: In Ground, Private
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills

Lot Info

  • Lot Size Sq Ft: 51836.00
  • Lot Size Acres: 1.1900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 51836.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 1513

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2021
Sold by
Foussat Anthony J and Foussat Christine J
Bought by
Foussat Anthony J and Foussat Christine J
Current Estimated Value
$3,939,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,570,000
Outstanding Balance
$1,440,623
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$2,498,743

Purchase Details

Closed on
Nov 5, 2018
Sold by
Foussat Anthony J and Foussat Christine J
Bought by
Foussat Anthony J and Foussat Christine J

Purchase Details

Closed on
Sep 2, 2016
Sold by
Bcc Properties Llc
Bought by
Foussat Anthony Jon and Foussat Christine Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,554,400
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 16, 2013
Closed on
Oct 2, 2013
Sold by
Erhardt James F and Erhardt Norma
Bought by
Bcc Properties Llc
Seller's Agent
Adam Farmer
Belco Development & Investment
Buyer's Agent
Adam Farmer
Belco Development & Investment
List Price
$1,699,000
Sold Price
$1,300,000
Premium/Discount to List
-$399,000
-23.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.55%
Original Mortgage
$1,300,000
Interest Rate
4.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2009
Sold by
Erhardt James F and Erhardt Norma
Bought by
Erhardt James F and Erhardt Norma

Purchase Details

Closed on
Nov 6, 1998
Sold by
Moore Christopher B and Moore Linda B
Bought by
Moore Christopher B and Moore Linda B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Foussat Anthony J -- Clearmark Title Co
Foussat Anthony J -- None Available
Foussat Anthony Jon $1,943,000 First American Title Company
Bcc Properties Llc $1,300,000 First American Title Company
Erhardt James F -- None Available
Erhardt James F -- None Available
Moore Christopher B -- Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foussat Anthony J $1,570,000
Previous Owner Foussat Anthony Jon $1,554,400
Previous Owner Bcc Properties Llc $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2013 10/15/13 Sold $1,300,000 -23.5% $558 / Sq Ft
05/16/2013 05/16/13 For Sale $1,699,000 -- $729 / 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
2025 $25,272 $2,460,197 $1,160,584 $1,299,613
2024 $25,272 $2,317,959 $1,137,828 $1,180,131
2023 $24,657 $2,272,510 $1,115,518 $1,156,992
2022 $23,196 $2,154,952 $1,093,646 $1,061,306
2021 $22,857 $2,083,287 $1,072,202 $1,011,085
2020 $22,688 $2,061,926 $1,061,208 $1,000,718
2019 $22,233 $2,021,497 $1,040,400 $981,097
2018 $21,840 $1,981,860 $1,020,000 $961,860
2017 $21,168 $1,943,000 $1,000,000 $943,000
2016 $5,296 $496,530 $406,530 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW13090923

California Regional Multiple Listing Service (CRMLS)

APN: 258-350-55