NOT LISTED FOR SALE

Estimated Value: $3,475,000 - $4,099,000

4 Beds
3.5 Baths
2,450 Sq Ft
$1,549/Sq Ft Est. Value

Last Sold April 11, 2022

Last sale price $2,437,500 $995 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $22,633/month

Highlights

  • Ocean View
  • New Construction
  • Den
  • Paul Ecke-Central Elementary Rated A
  • Bonus Room
  • 4-minute walk to J Street Viewpoint

About This Home

As of April 2022

Brand new twinhome in downtown Encinitas WEST of Coast highway. Located on the most coveted section of 4th street between G & H st. This part of 4th street is rarely traveled by through traffic and vehicles. Extremely quiet and private, yet convenient. You won't find streets like this anywhere near the beach in Encinitas. Stone throws away from the bluff! Roof top deck with panoramic ocean views to the west and downtown Encinitas views to the east. Views to the north and south as well. 4 full bedroom (dual masters) plus a huge bonus room, 3.5 bath, plus a 3 car garage, just under 2500sqft of interior living space not including a near 300sqft roof top deck. 3 blocks to D street Beach, 3 blocks to the Lumber Yard/Downtown, 4 blocks to Moonlight, and 5 blocks to Swamis Beach. One of the last new constructions in the area. Property is currently under construction.

Last Agent to Sell the Property

Paul Fan

Willis Allen Real Estate License #01367484 Listed on: 02/03/2022

Willis Allen Real Estate

Last Buyer's Agent

Paul Fan

Willis Allen Real Estate License #01367484 Listed on: 02/03/2022

Willis Allen Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 2,500 Sq Ft Lot
  • 1 Common Wall
  • Sprinkler System
  • Front Yard

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • Panoramic
  • City Lights

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2,450 Sq Ft Home
  • Living Room with Fireplace
  • Den
  • Bonus Room
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Utilities

  • Zoned Cooling
  • No Heating

Community Details

  • 2 Units
  • Sands On 4Th Association, Phone Number (760) 845-4509

Property Details

Home Type

Multi-Family

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$250 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: 1
  • New Construction: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 2450.00
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 994.90
  • Room Type: Basement, Bonus Room, Den

Exterior Features

  • View: City Lights, Ocean, Panoramic
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Association Name: Sands on 4th
  • Phone: 760-845-4509
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 2500.00
  • Lot Size Acres: 0.0574

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2500.0000 Square Feet
  • Number Of Units In Community: 2

Tax Info

  • Tax Tract Number: XXX

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2023
Sold by
Fan Frank and Fan Myra Tolentino
Bought by
2002 Howard Eliot Farfel And Stacey Sultar Fa and Farfel
Current Estimated Value
$3,768,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,080,000
Outstanding Balance
$2,023,800
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$1,772,199

Purchase Details

Listed on
Feb 3, 2022
Closed on
Apr 1, 2022
Sold by
Sands On Fourth Llc
Bought by
Fan Frank and Fan Myra Tolentino
Seller's Agent
Paul Fan
Willis Allen Real Estate
Buyer's Agent
Paul Fan
Willis Allen Real Estate
List Price
$2,500,000
Sold Price
$2,437,500
Premium/Discount to List
-$62,500
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.40%
Original Mortgage
$1,900,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2018
Sold by
Westcal Corp
Bought by
Sands On Fourth Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,343,000
Interest Rate
3.9%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 11, 2018
Sold by
T & P Real Estate Holdings
Bought by
Westcal Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,343,000
Interest Rate
3.9%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 26, 2017
Sold by
Summers Timothy J
Bought by
T&P Real Estate Holdings

Purchase Details

Closed on
Dec 16, 2016
Sold by
Showen Richard E and Boyd M Bahlmann Trust
Bought by
Summers Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,375,000
Interest Rate
4.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 10, 2008
Sold by
Bahlmann Boyd M
Bought by
Bahlmann Boyd M and Boyd M Bahlmann Trust
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
2002 Howard Eliot Farfel And Stacey Sultar Fa $3,200,000 Fidelity National Title
Fan Frank $2,437,500 Fidelity National Title
Sands On Fourth Llc -- First American Title
Westcal Corp $1,410,000 Fidelity National Title Hsd
T&P Real Estate Holdings -- Accommodation
Summers Timothy J $2,750,000 First American Title Company
Bahlmann Boyd M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2002 Howard Eliot Farfel And Stacey Sultar Fa $2,080,000
Previous Owner Fan Frank $1,900,000
Previous Owner Westcal Corp $2,343,000
Previous Owner Summers Timothy J $1,375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2022 04/11/22 Sold $2,437,500 -2.5% $995 / Sq Ft
02/03/2022 02/03/22 For Sale $2,500,000 -- $1,020 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
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 $34,495 $3,264,000 $2,448,000 $816,000
2024 $34,495 $3,200,000 $2,400,000 $800,000
2023 $25,919 $2,402,000 $1,825,000 $577,000
2022 $21,480 $2,032,204 $1,532,204 $500,000
2021 $15,980 $1,502,161 $1,502,161 $0
2020 $15,570 $1,466,964 $1,466,964 $0
2019 $15,247 $1,438,200 $1,438,200 $0
2018 $14,865 $1,402,500 $1,402,500 $0
2017 $14,888 $1,402,500 $1,402,500 $0
2016 $354 $31,403 $31,403 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2201013

California Regional Multiple Listing Service (CRMLS)

APN: 258-171-14