NOT LISTED FOR SALE

940 Normandy Rd Encinitas, CA 92024

Estimated Value: $2,296,000 - $3,050,000

5 Beds
3 Baths
2,400 Sq Ft
$1,169/Sq Ft Est. Value

Last Sold November 07, 2012

Last sale price $995,000 $415 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $15,995/month

161 Days on Market

Highlights

  • Ocean View
  • Heated Spa
  • Maid or Guest Quarters
  • Capri Elementary School Rated A
  • 0.57 Acre Lot
  • Deck

About This Home

As of November 2012

IT'S A STEAL! Huge $200K Price Reduction! You won't find anything that rivals this uniquely charming hacienda style home at this price in rural Leucadia! Detached wrkshp/gym holds unlimited potential for guest home conversion. Exceptionally large lot with swaying palms, multiple patios, outside kitchen and frplc. Home boasts pride of ownership with vaulted open-beam ceilings, skylights, Saltillo floors, stunning rock fireplace, granite hrdwd flrs. Upstairs MR has private balcony with horizon ocean views. [Supplement]: Golden opportunity to create your personal statement home! Lot is so large options are endless and home can easily be enlarged or modified to accommodate your dreams. Twenty-three new luxury homes slated for next door which should eventually increase neighborhood values. *** *** Owner has checked into converting current detached workshop/studio to a comfortable guest house and has a solid estimate of $8K to bring all utilities (sewer, gas and water) to structure. It would be another $8-$12K to complete the bathroom depending on the finishes and materials selected, total cost $16K-$20K. Detailed information and quote can be provided to Buyer. *** *** Rare opportunity to secure a private estate in one of Leucadia's last remaining rural niches!

Last Agent to Sell the Property

Lorie Brakas

Coldwell Banker Realty License #01260670 Listed on: 04/30/2012

Coldwell Banker Realty

Co-Listed By

Jim Brakas

Coldwell Banker Realty License #01139701

Last Buyer's Agent

Billy Nguyen

Express Real Estate Services License #01135806

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,146

Year Built

  • Built in 1965

Lot Details

  • 0.57 Acre Lot
  • Level Lot
  • Drip System Landscaping
  • Sprinklers on Timer
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Parking Available
  • Garage Door Opener

Property Views

  • Ocean
  • Park or Greenbelt

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Home Office
  • Workshop

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Heated Spa
  • Deck
  • Fireplace in Patio
  • Slab Porch or Patio
  • Fire Pit
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone System

Listing and Financial Details

  • Assessor Parcel Number 2543510800

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,146

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: LEUCADIA
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2543510800
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2400.00 Square Feet
  • Interior Amenities: Phone System
  • Stories: 2
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Fire Pit, Patio
  • Levels: Two
  • Price Per Square Foot: 414.58
  • Room Type: Guest/Maid's Quarters, Office, Workshop
  • Spa Features: Heated, Private

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s)
  • View: Ocean, Park/Greenbelt
  • Patio And Porch Features: Deck, Slab
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Electric Dryer Hookup, Individual Room, Gas Dryer Hookup

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: San Dieguito Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Sprinkler System, Sprinklers Drip System, Sprinklers Timer
  • Lot Size Sq Ft: 24829.20
  • Lot Size Acres: 0.5700

Multi Family

  • Lot Size Area: 0.5700 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2021
Sold by
Hobart Richard A and Hobart Andrea B
Bought by
Hobart Richard and Hobart Andrea
Current Estimated Value
$2,805,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$694,000
Outstanding Balance
$573,976
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$2,375,956

Purchase Details

Closed on
Jul 22, 2020
Sold by
Hobart Richard A and Hobart Andrea B
Bought by
Hobart Richard and Hobart Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$701,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2020
Sold by
Hobart Richard and Hobart Andrea
Bought by
Hobart Richard A and Hobart Andrea B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$701,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2017
Sold by
Hobart Richard A and Hobart Andrea B
Bought by
Hobart Richard and Hobart Andrea

Purchase Details

Listed on
Apr 30, 2012
Closed on
Sep 19, 2012
Sold by
Batliner John L and Batliner Ramona Nevett
Bought by
Hobart Richard A and Hobart Andrea B
Seller's Agent
Lorie Brakas
Coldwell Banker Realty
Buyer's Agent
Billy Nguyen
Express Real Estate Services
List Price
$1,345,000
Sold Price
$995,000
Premium/Discount to List
-$350,000
-26.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%
Original Mortgage
$150,000
Interest Rate
3.34%
Mortgage Type
Credit Line Revolving
Source: Public Records

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
Hobart Richard -- Accommodation
Hobart Richard A -- First American Title
Hobart Richard -- Accommodation
Hobart Richard A -- First American Ttl San Diego
Hobart Richard -- None Available
Hobart Richard A $995,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobart Richard A $694,000
Closed Hobart Richard A $701,000
Closed Hobart Richard $750,000
Closed Hobart Richard A $250,000
Closed Hobart Richard A $150,000
Previous Owner Hobart Richard A $546,250
Previous Owner Batliner John L $787,500
Previous Owner Batliner John L $175,000
Previous Owner Batliner John L $150,000
Previous Owner Batliner John L $353,000
Previous Owner Batliner John $60,000
Previous Owner Batliner John $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2012 11/07/12 Sold $995,000 -26.0% $415 / Sq Ft
10/08/2012 10/08/12 Pending -- -- --
04/30/2012 04/30/12 For Sale $1,345,000 -- $560 / 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 $14,146 $1,283,548 $738,852 $544,696
2024 $14,146 $1,258,381 $724,365 $534,016
2023 $13,749 $1,233,708 $710,162 $523,546
2022 $13,424 $1,209,519 $696,238 $513,281
2021 $13,204 $1,185,804 $682,587 $503,217
2020 $12,993 $1,173,646 $675,588 $498,058
2019 $12,733 $1,150,635 $662,342 $488,293
2018 $12,488 $1,128,074 $649,355 $478,719
2017 $12,269 $1,105,956 $636,623 $469,333
2016 $12,057 $1,084,272 $624,141 $460,131
2015 $11,776 $1,062,986 $614,766 $448,220
2014 $11,021 $999,517 $602,724 $396,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 120022153

California Regional Multiple Listing Service (CRMLS)

APN: 254-351-08