NOT LISTED FOR SALE

824 Neptune Ave Unit 5 Encinitas, CA 92024

Leucadia Neighborhood

Estimated Value: $6,567,000 - $8,772,954

5 Beds
5.5 Baths
4,430 Sq Ft
$1,731/Sq Ft Est. Value

Last Sold April 26, 2022

Last sale price $1,520,000 $343 Per Sq Ft

Est. 405% increase in value since last sale

Current estimated payment $52,268/month

4 Days on Market

Highlights

  • 2 Fireplaces
  • Paul Ecke-Central Elementary Rated A
  • Trails

About This Home

As of April 2022

New co-ownership opportunity: Own 1/8 of this professionally managed, turnkey home. This contemporary cliffside stunner offers unparalleled elegance and endless views of the Pacific. Frameless glass doors seamlessly connect the interior to the limestone-tiled terrace. The open plan living space has a sleek fireplace flanked by built-ins. The gourmet kitchen is warmed by walnut cabinets and underlit quartzite countertops, and features Miele appliances. The adjoining dining room opens to the patio, fire pit and spectacular vistas. Dual primary suites offer more ocean views through glass-railed balconies, plus luxurious en suite bathrooms. The home includes an office, family room, a glass elevator and a garage with an automatic lift. The home comes fully furnished and professionally decorated.

Last Listed By

Charles Tanner

HB Real Estate Services, Inc. License #02108939 Listed on: 03/31/2022

HB Real Estate Services, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $114,487

Year Built

  • Built in 2016

Lot Details

  • 0.25

Interior Spaces

  • 4,430 Sq Ft Home
  • 3-Story Property
  • Elevator
  • 2 Fireplaces

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Community Details

  • Trails

Listing and Financial Details

  • Assessor Parcel Number 256-011-18-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$114,487

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Class: FRACTIONAL OWNERSHIP
  • Market Area: Coastal North
  • Cross Street: Europa
  • Neighborhood: Leucadia
  • LP / Sq Ft: 343.12
  • Price Per Sq Ft: 343.12
  • Unit Features: Other/Remarks
  • Location: Ocean, Other/Remarks
  • Year Built: 2016
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • L A1 Agent Full Name: Charles Tanner
  • L A1 M L S Website Y N: Y
  • L O1 Cyberhomes Y N: Y
  • L O1 Info Net Y N: Y
  • L O1 Internet Syndication Y N: Y
  • L O1 M L S Website Y N: Y
  • L O1 N C T I M E S Y N: Y
  • L O1 Office Phone1 Descriptin: Office
  • L O1 Point2 Technology: Y
  • L O1 R E A L T O Rcom Y N: Y
  • L O1 R P R Y N: Y
  • L O1 Sign On San Diego Y N: Y
  • Unit Levels: 3 Story
  • L O1 Office Phone1 Number: 833-266-4400
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Equipment Available: Dishwasher, Disposal, Microwave, Refrigerator, Other/Remarks
  • Elevator: Yes
  • Fireplace Location: Other/Remarks
  • Searchable Rooms: Other/Remarks
  • Bedrooms: 5
  • Optional Bedrooms: 0
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Laundry Location: Other/Remarks
  • Estimated Sq Ft: 4430
  • Total Bathrooms: 6
  • Limited Service: No

Exterior Features

  • Patio: Other/Remarks
  • Pool: N/K

Utilities

  • Laundry Utilities: Other/Remarks
  • Security: Other/Remarks

Condo/Co-op/Association

  • Senior Community: Other/Remarks
  • Pets Allowed: Yes
  • Community: LEUCADIA
  • Complex Features: Biking/Hiking Trails, Other/Remarks

Lot Info

  • Lot Size: .25 to .5 AC
  • Assessor Parcel Number: 256-011-18-00

Rental Info

  • Monthly Rate Hi Season: Other/Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Mar 15, 2022
Sold by
L Cohen Llc
Bought by
3 Ca Grizzly Llc
Seller's Agent
Charles Tanner
HB Real Estate Services, Inc.
Buyer's Agent
Non Non-Member
Default Office
List Price
$1,520,000
Sold Price
$1,520,000
Total Days on Market
4
Current Estimated Value
$7,669,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,149,977
Avg. Annual Appreciation
69.42%
Original Mortgage
$6,180,000
Outstanding Balance
$5,821,349
Interest Rate
3.85%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,848,628

Purchase Details

Closed on
Sep 12, 2018
Sold by
Okun Leonard M
Bought by
L Cohen Llc

Purchase Details

Closed on
May 11, 2017
Sold by
Okun Leonard M
Bought by
Okun Leonard M and Leonard M Okun Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.14%
Mortgage Type
Credit Line Revolving

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
3 Ca Grizzly Llc $10,300,000 First American Title
L Cohen Llc $8,500,000 First American Title
Okun Leonard M -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3 Ca Grizzly Llc $6,180,000
Previous Owner Okun Leonard M $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2022 04/26/22 Sold $1,520,000 0.0% $343 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $1,520,000 -- $343 / 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 $114,487 $10,716,120 $9,363,600 $1,352,520
2023 $103,091 $9,681,000 $8,459,000 $1,222,000
2022 $95,128 $8,935,015 $7,673,602 $1,261,413
2021 $93,871 $8,759,820 $7,523,140 $1,236,680
2020 $92,632 $8,670,000 $7,446,000 $1,224,000
2019 $90,721 $8,500,000 $7,300,000 $1,200,000
2018 $14,942 $1,339,947 $136,347 $1,203,600
2017 $14,684 $1,313,674 $133,674 $1,180,000
2016 $8,678 $757,034 $132,034 $625,000
2015 $1,496 $80,802 $80,802 $0
Source: Public Records

Agents Affiliated with this Home

  • Charles Tanner

    Seller's Agent in 2022

    Charles Tanner

    HB Real Estate Services, Inc.

    (305) 413-5859

    4 in this area

    130 Total Sales

    Charles Tanner
    Section Image

  • N

    Buyer's Agent in 2022

    Non Non-Member

    Default Office

See All Agents

Map

Source: San Diego MLS

MLS Number: 220007380

San Diego MLS

APN: 256-011-18

California San Diego County Encinitas 92024 Leucadia

824 Neptune Ave Unit 5, Encinitas, CA

Homes for Sale in Encinitas, CA

This home is located at 824 Neptune Ave Unit 5, Encinitas, CA 92024 since 31 March 2022 and is currently estimated at $7,669,977, approximately $1,731 per square foot. This property was built in 2016. 824 Neptune Ave Unit 5 is a home located in San Diego County with nearby schools including Paul Ecke-Central Elementary, Diegueno Middle School, and La Costa Canyon High School.

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