NOT LISTED FOR SALE

Estimated Value: $2,161,000 - $2,547,000

6 Beds
3 Baths
1,860 Sq Ft
$1,251/Sq Ft Est. Value

Sale Details

Date Sold: February 11, 2025

Last sale price $2,288,000 $1,230 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $12,685 / mo

About This Home

Opportunity Knocks. Parcels of land this large do not become available often. Three units located on a beautiful .80 acre parcel of land in a great upscale Leucadia Neighborhood. Plenty of space available to build a trophy family compound. There is also the possibility to remodel the existing structure using the City of Encinitas’s 50% renovation rules to add sqft., then add a junior ADU and either keep the existing ADU or build new. There is also the potential to process an SB9 project to obtain additional lots. All three units are currently rented, however rents are currently under market. Unit A is a 2 Bedroom 1 Bath (downstairs) in the main structure and (upstairs) Unit B is 2 Bedroom 1 Bath. Unit C is a detached accessory unit, approximately 1000 sq. ft. that has 2 Bedrooms and 1 Bath. All the units have separate meters for Gas and Electric. Owner currently pays for water. Amazing rural area with larger sized parcels and many high end homes located hear by. Walking distance to a highly sought after elementary school (Capri) which offers the Spanish immersion program. Enjoy the feel of Country Living with the beach only minutes away. Located near Shopping, Restaurants, Encinitas Ranch Golf Course and easy access to I-5.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2024
Closed on
Feb 5, 2025
Sold by
Tran Hai Thanh
Bought by
Tran Ngoc Tran
Seller's Agent
Kyle Murphy
Coldwell Banker Realty
Buyer's Agent
Frank Carpenter
Frank Carpenter Real Estate
List Price
$2,400,000
Sold Price
$2,288,000
Premium/Discount to List
-$112,000
-4.67%
Views
78
Current Estimated Value
$2,324,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,716
Avg. Annual Appreciation
1.40%
Original Mortgage
$1,565,000
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2024
Sold by
Richard And Mary Witesman Trust and Witesman Richard J
Bought by
Tran Nancy and Lewis Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,565,000
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2013
Sold by
Witesman Richard and Witesman Mary E
Bought by
Witesman Richard J and Witesman Mary E

Purchase Details

Closed on
May 18, 2007
Sold by
Witesman Richard and Witesman Mary E
Bought by
Witesman Richard J and Witesman Mary E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tran Ngoc Tran -- Equity Title
Tran Nancy $2,288,000 Equity Title
Witesman Richard J -- None Available
Witesman Richard J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tran Nancy $1,565,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/11/2025 02/11/25 Sold $2,288,000 -4.7% $1,230 / Sq Ft View Prior Sale
11/30/2024 11/30/24 Pending -- -- --
11/07/2024 11/07/24 For Sale $2,400,000 -- $1,290 / Sq Ft

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 $3,296 $206,481 $73,895 $132,586
2024 $3,296 $202,434 $72,447 $129,987
2023 $3,124 $198,466 $71,027 $127,439
2022 $2,994 $194,576 $69,635 $124,941
2021 $2,889 $190,762 $68,270 $122,492
2020 $2,794 $188,806 $67,570 $121,236
2019 $2,751 $185,105 $66,246 $118,859
2018 $2,710 $181,477 $64,948 $116,529
2017 $191 $177,920 $63,675 $114,245
2016 $2,608 $174,432 $62,427 $112,005
2015 $2,519 $171,813 $61,490 $110,323
2014 $2,427 $168,448 $60,286 $108,162
Source: Public Records

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