NOT LISTED FOR SALE

940 Sealane Dr Unit 3 Encinitas, CA 92024

Estimated Value: $1,099,000 - $1,708,000

2 Beds
2 Baths
959 Sq Ft
$1,453/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $875,000 $912 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $8,231/month

About This Home

As of November 2020

Imagine waking up every morning to the sound of waves crashing and the smell of saltwater in the air. Located on Sealane Drive in beautiful Encinitas, this stunning 2-bedroom, 2-bathroom unit boasts 959 square feet of prime coastal living. With ocean and pool views from the largest patio in the complex, you'll be able to enjoy the breathtaking scenery while entertaining guests or relaxing with your loved ones. Inside, you'll find modern amenities such as high-speed Wi-Fi, instant hot water, central heating, and a Sonos sound system. The fully equipped kitchen includes a Bosch convention oven, dishwasher, Miele cooktop and Smeg fridge, along with filtered water to make cooking and entertaining a breeze. The unit's thoughtful design features automatic shades in the living room, dual en suite bathrooms, Bosch ceiling fans in both bedrooms, and plenty of storage throughout. The second bedroom is set up as an office with a 40" TV that can also sleep two people. You'll have secure bike and surfboard storage on site, as well as plenty of on-street parking. Plus, utilities are included in your rent, making it easy to manage your monthly expenses. In addition to the unit's exceptional amenities, you'll also enjoy the best features of the area. This oceanfront property is walking distance to beach access, so you can easily enjoy the sun, sand, and surf. You're also within walking distance of shops, restaurants, and the Coaster Station, making it easy to explore all that Encinitas has to offer. And as a resident of this community, you'll have the opportunity to socialize with your neighbors at community happy hours on the bluff overlooking the ocean. Don't miss out on this incredible opportunity to live in one of the most sought-after areas in San Diego!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Oct 15, 2020
Sold by
Smale Roswitha Kima
Bought by
Pitt Ronald Lawrence and Mcnamara Regina
Seller's Agent
Julia Maxwell
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Robert Reid
Coldwell Banker Realty
List Price
$899,900
Sold Price
$875,000
Premium/Discount to List
-$24,900
-2.77%
Current Estimated Value
$1,392,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$517,989
Avg. Annual Appreciation
10.74%
Original Mortgage
$700,000
Outstanding Balance
$628,559
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$764,430

Purchase Details

Closed on
Aug 11, 2011
Sold by
Seascape Properties Lp
Bought by
Smale Roswitha Kima

Purchase Details

Closed on
Feb 9, 2009
Sold by
Ikola Jean M
Bought by
Seascape Properties Lp

Purchase Details

Closed on
Mar 6, 2007
Sold by
Ikola Jean M
Bought by
Seascape Properties Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2006
Sold by
Ikola Jean M
Bought by
Seascape Properties Lp

Purchase Details

Closed on
Dec 30, 2003
Sold by
Lievsay Donald G and Lievsay Marjorie W
Bought by
Ikola Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 1989

Purchase Details

Closed on
May 25, 1984

Purchase Details

Closed on
Jun 13, 1983
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Pitt Ronald Lawrence $875,000 California Title Company
Smale Roswitha Kima $490,000 Lawyers Title
Seascape Properties Lp -- None Available
Ikola Jean M -- None Available
Seascape Properties Lp -- None Available
Ikola Jean M -- None Available
Seascape Properties Lp -- None Available
Ikola Jean M $500,000 Stewart Title Of California
-- $129,000 --
-- $128,200 --
-- $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pitt Ronald Lawrence $700,000
Previous Owner Ikola Jean M $409,300
Previous Owner Ikola Jean M $400,000
Previous Owner Ikola Jean M $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2023 04/27/23 Rented $5,000 -9.1% --
04/24/2023 04/24/23 For Rent $5,500 0.0% --
11/17/2020 11/17/20 Sold $875,000 -2.8% $912 / Sq Ft
10/11/2020 10/11/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $899,900 -- $938 / Sq Ft

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 $10,058 $928,556 $742,845 $185,711
2023 $9,830 $910,350 $728,280 $182,070
2022 $9,623 $892,500 $714,000 $178,500
2021 $9,566 $875,000 $700,000 $175,000
2020 $6,262 $562,758 $473,846 $88,912
2019 $6,137 $551,724 $464,555 $87,169
2018 $6,076 $540,907 $455,447 $85,460
2017 $6,000 $530,302 $446,517 $83,785
2016 $5,827 $519,905 $437,762 $82,143
2015 $5,766 $512,097 $431,187 $80,910
2014 $5,679 $502,067 $422,741 $79,326
Source: Public Records

Agents Affiliated with this Home

  • Sam Fakih

    Seller's Agent in 2023

    Sam Fakih

    Compass

    (858) 255-1010

    3 in this area

    34 Total Sales

    Sam Fakih
    Section Image
  • Julia Maxwell

    Seller's Agent in 2020

    Julia Maxwell

    Berkshire Hathaway HomeServices California Properties

    (858) 775-9918

    5 in this area

    37 Total Sales

    Julia Maxwell
    Section Image
  • Robert Reid

    Buyer's Agent in 2020

    Robert Reid

    Coldwell Banker Realty

    (408) 313-3390

    1 in this area

    24 Total Sales

    Section Image
  • Tom Varga

    Buyer's Agent in 2020

    Tom Varga

    Del Mar Realty Assoc.,Inc

    (619) 606-9111

    1 in this area

    15 Total Sales

    Tom Varga
    Section Image

  • T

    Buyer's Agent in 2020

    Thomas Varga

    Del Mar Realty Assoc.,Inc

See All Agents

Map

California San Diego County Encinitas 92024

940 Sealane Dr Unit 3, Encinitas, CA

This home is located at 940 Sealane Dr Unit 3, Encinitas, CA 92024 and is currently estimated at $1,392,989, approximately $1,452 per square foot. 940 Sealane Dr Unit 3 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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