NOT LISTED FOR SALE

927 Brass Way Encinitas, CA 92024

Estimated Value: $1,496,398 - $1,839,000

4 Beds
2 Baths
1,696 Sq Ft
$983/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $825,000 $486 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $10,156/month

41 Days on Market

Highlights

  • Ocean View
  • Ocean Knoll Elementary School Rated A
  • Baseboard Heating

About This Home

As of September 2016

Amazing investment home in the heart of Encinitas. Live in one unit and rent out the other. This Beautiful Duplex home sits on a large lot with separate driveways, entrances, electrical meters, laundry areas, 2 single car garages and 2 spacious backyards. The exterior of the home is light, bright with mature trees and perfect for summer BBQ or gardening! The home is positioned on a very quite street at the top of a hill with some ocean view from second story. Close to top ranking schools,hospital & beach! Neighborhoods: Encinitas Exterior: Wood/Stucco Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 927 Unit # for Unit 2: 929 Number of Furnished Units: 0 Topography: LL

Last Listed By

Corey Murphy

Pabalyn Properties License #01925947 Listed on: 07/13/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,967

Year Built

  • Built in 1978

Lot Details

  • 8,890 Sq Ft Lot
  • Sprinkler System

Home Design

  • Rolled or Hot Mop Roof

Interior Spaces

  • 2-Story Property
  • Ocean Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for sewer, trash collection, cable TV, electricity
  • Assessor Parcel Number 2592701900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,967

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Subdivision Name Other: Encinitas
  • View: No
  • Zoning: R-2
  • Property Type: Residential Income
  • Parcel Number: 2592701900
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Appliances: Yes
  • Levels: Two

Exterior Features

  • View: Ocean
  • Roof: Rolled/Hot Mop
  • Spa: No

Utilities

  • Heating: Yes
  • Appliances: Electric Water Heater
  • Heating Type: Electric, Baseboard

Lot Info

  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 8890.00

Rental Info

  • Tenant Pays: Sewer, Trash Collection, Cable TV, Electricity

Multi Family

  • Gross Scheduled Income: 36840.00
  • Lot Size Area: 8890.0000 Square Feet
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2016
Closed on
Jul 25, 2016
Sold by
Encinitas Watermark Llc
Bought by
Mcintosh Gregory Joseph and Gregory Joseph Mcintosh Revocable Living
Seller's Agent
Corey Murphy
Pabalyn Properties
Buyer's Agent
Josie Wu
Coldwell Banker Realty
List Price
$825,000
Sold Price
$825,000
Total Days on Market
41
Current Estimated Value
$1,667,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$842,100
Avg. Annual Appreciation
7.90%
Original Mortgage
$660,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2015
Sold by
Layton Mark C
Bought by
Encinitas Watermark Llc

Purchase Details

Closed on
Sep 22, 2003
Sold by
Ma Jennifer Chia Hung
Bought by
Layton Mark C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,400
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2002
Sold by
Mesa William A and Mesa Monica
Bought by
Ma Jennifer Chia Hung

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
6.17%

Purchase Details

Closed on
Aug 20, 1998
Sold by
Thompson Brian L and Thompson Janice E
Bought by
Mesa William A and Mesa Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
6.92%

Purchase Details

Closed on
May 7, 1985

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
Mcintosh Gregory Joseph $825,000 Title 365
Encinitas Watermark Llc -- None Available
Layton Mark C $543,000 First American Title
Ma Jennifer Chia Hung $512,000 First American Title
Mesa William A $259,000 First American Title
-- $151,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregory Joseph Mcintosh Rlt $130,000
Previous Owner Mcintosh Gregory Joseph $660,000
Previous Owner Layton Mark C $457,800
Previous Owner Layton Mark C $298,000
Previous Owner Layton Mark C $434,400
Previous Owner Ma Jennifer Chia Hung $435,000
Previous Owner Mesa William A $104,900
Previous Owner Mesa Monica $30,000
Previous Owner Mesa William A $207,200
Closed Ma Jennifer Chia Hung $51,200
Closed Layton Mark C $54,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $825,000 0.0% $486 / Sq Ft
08/23/2016 08/23/16 Pending -- -- --
07/13/2016 07/13/16 For Sale $825,000 -- $486 / 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 $10,967 $938,704 $705,452 $233,252
2023 $10,667 $920,299 $691,620 $228,679
2022 $10,520 $902,255 $678,059 $224,196
2021 $10,351 $884,564 $664,764 $219,800
2020 $10,234 $875,495 $657,948 $217,547
2019 $10,039 $858,330 $645,048 $213,282
2018 $9,898 $841,500 $632,400 $209,100
2017 $191 $825,000 $620,000 $205,000
2016 $7,774 $652,164 $480,416 $171,748
2015 $7,637 $642,369 $473,200 $169,169
2014 $6,702 $550,000 $404,000 $146,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 160038466

California Regional Multiple Listing Service (CRMLS)

APN: 259-270-19