940 Sealane Dr Unit 5 Encinitas, CA 92024
Estimated Value: $1,532,000 - $1,809,000
2
Beds
2
Baths
970
Sq Ft
$630/mo
HOA Fee
Highlights
- Ocean Front
- In Ground Pool
- Two Primary Bedrooms
- Paul Ecke-Central Elementary Rated A
- Automatic Gate
- 3-minute walk to J Street Viewpoint
About This Home
As of June 2017Once in a lifetime opportunity for panoramic ocean views from best Encinitas location W. of 101! Spacious & beautifully remodeled 2 br/2 ba unit w/pano ocean & white water views from all primary areas & 2 spacious balconies! Totally remodeled to perfection with new custom cook's kitchen, 2 new custom bathrooms w/ ceramic tile, European brushed oak wood floors, top of the line Kohler & Moen fixtures. 2 park. spaces + comm pool & spa! Walk to Swami's Beach, shops & restaurants! Being sold FURNISHED too! This beautiful, highly upgraded property IS the perfect quintessential Encinitas Coastal Living oceanfront home in the perfect walk to Encinitas beaches & village location! Live like you are on a permanent vacation with all of the vibrant amenities that the Encinitas' coastal lifestyle has to offer! Stroll to Swami's & "D" St. beach accesses, charming cafes, shopping, yoga studios, farmers market, train station, world class restaurants, plus Moonlight Beach from your own beachfront hideaway! Spacious single level floorpan has been completely remodeled: Interior finishes feature new lighted custom kitchen cabinetry, top of the line stainless steel appliances including refrigerator, quartz kitchen counters, custom tile backsplash + sit down eating bar! Two master suites both with new custom bathrooms with Koehler sinks, tile showers & all new top of line fixtures: all fixtures are either Koehler or Moen! Larger BR also has its own separate entry, great for rental potential! Portable electric "fireplace" in living room has remote capability. All new recessed LED lighting throughout from Hyperikon Lighting! Must see the best ocean view value on the market today to appreciate the panoramic ocean views, the quality of the remodel, plus the prime Encinitas location close to both Enc Village and two lovely beach access points! Intimate gated complex of only 19 units with community pool, spa, and lovely grass lawn area all overlooking the blue Pacific! Two side by side parking spaces behind security gates are convenient to unit. Minimum rental period is 30 days. Best Value on the Coast! There are very few ocean front complexes in Encinitas, and none in Cardiff. This property represents an opportunity that rarely comes on market, as there are so few ocean front units in Encintas, and no more ocean front condo complexes can be built! Being offered for sale with the furniture on site that was purchased specifically for this very special property! For the benefit of the buyer, seller has already pre-paid new special assessment of $31,500. Effective sales price was $1,025,000 with all furnishings, and buyer receiving credit of $25,000 for personal property items.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,346
Year Built
- Built in 1980
Lot Details
- Ocean Front
- Gated Home
- Property is Fully Fenced
HOA Fees
- $630 Monthly HOA Fees
Property Views
- Ocean
- Panoramic
Home Design
- Contemporary Architecture
- Composition Roof
- Wood Siding
Interior Spaces
- 970 Sq Ft Home
- 3-Story Property
- Great Room
- Dining Area
- Storage Room
- Laundry Room
- Wood Flooring
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Double Master Bedroom
- 2 Full Bathrooms
Parking
- 2 Parking Spaces
- Automatic Gate
- Uncovered Parking
- Assigned Parking
Pool
- In Ground Pool
- Spa
- Gas Heated Pool
Outdoor Features
- Balcony
- Covered patio or porch
Location
- Interior Unit
- West of 101 Freeway
- West of 5 Freeway
Schools
- Encinitas Union School District Elementary School
- San Dieguito High School District Middle School
- San Dieguito High School District
Utilities
- Separate Water Meter
Listing and Financial Details
- Assessor Parcel Number 258-172-23-05
Community Details
Overview
- Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, gated community, hot water, limited insurance, roof maintenance, sewer, termite, trash pickup, water
- 10 Units
- Pacific Panorama Association, Phone Number (619) 234-9884
- Pacific Panorama Community
Recreation
- Community Pool
- Community Spa
Pet Policy
- Breed Restrictions
Additional Features
- Laundry Facilities
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 10, 2017
Closed on
Jun 5, 2017
Sold by
Brandrup Jan
Bought by
Linett Mark and Gwynne Margaret
Seller's Agent
Polly Rogers
Compass
Buyer's Agent
Polly Rogers
Compass
List Price
$1,169,000
Sold Price
$1,025,000
Premium/Discount to List
-$144,000
-12.32%
Total Days on Market
143
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$592,763
Avg. Annual Appreciation
5.99%
Purchase Details
Listed on
May 28, 2016
Closed on
Aug 19, 2016
Sold by
Brandrup Jan
Bought by
Viking Properties Llc
Seller's Agent
Walter Shaffer
Walter Bert Shaffer, Broker
Buyer's Agent
Walter Shaffer
Walter Bert Shaffer, Broker
List Price
$825,000
Sold Price
$825,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.97%
Purchase Details
Listed on
May 28, 2016
Closed on
Aug 9, 2016
Sold by
Brandrup Mikaella Helle
Bought by
Brandrup Jan
Seller's Agent
Walter Shaffer
Walter Bert Shaffer, Broker
Buyer's Agent
Walter Shaffer
Walter Bert Shaffer, Broker
List Price
$825,000
Sold Price
$825,000
Purchase Details
Listed on
May 28, 2016
Closed on
Jun 28, 2016
Sold by
Bowen John Bishop and Bowen Mary Margaret
Bought by
Brandrup Jan
Seller's Agent
Walter Shaffer
Walter Bert Shaffer, Broker
Buyer's Agent
Walter Shaffer
Walter Bert Shaffer, Broker
List Price
$825,000
Sold Price
$825,000
Purchase Details
Closed on
Oct 20, 1998
Sold by
Bowen John and Bowen Mary Margaret
Bought by
Bowen John Bishop and Bowen Mary Margaret
Purchase Details
Closed on
Apr 10, 1998
Sold by
Susan Jasin
Bought by
Bowen John and Bowen Mary Margaret
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.06%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 21, 1984
Similar Homes in Encinitas, CA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Linett Mark | $1,000,000 | First American Title Ins Co | |
| Brandrup Jan | -- | First American Title Ins Co | |
| Brandrup Jan | -- | First American Title Ins Co | |
| Viking Properties Llc | -- | First American Title | |
| Brandrup Jan | -- | First American Title Ins Co | |
| Brandrup Jan | $825,000 | First American Title Ins Co | |
| Bowen John Bishop | -- | -- | |
| Bowen John | $255,000 | Commonwealth Title Company | |
| -- | $140,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Linett Mark | $397,000 | |
| Previous Owner | Bowen John | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/29/2017 06/29/17 | Sold | $1,025,000 | -5.0% | $1,057 / Sq Ft |
| 06/02/2017 06/02/17 | Pending | -- | -- | -- |
| 04/04/2017 04/04/17 | Price Changed | $1,079,000 | -3.2% | $1,112 / Sq Ft |
| 03/14/2017 03/14/17 | Price Changed | $1,115,000 | -4.6% | $1,149 / Sq Ft |
| 01/10/2017 01/10/17 | For Sale | $1,169,000 | +41.7% | $1,205 / Sq Ft |
| 08/11/2016 08/11/16 | Sold | $825,000 | 0.0% | $864 / Sq Ft |
| 07/29/2016 07/29/16 | Pending | -- | -- | -- |
| 05/28/2016 05/28/16 | For Sale | $825,000 | -- | $864 / Sq Ft |
Source: San Diego MLS
Tax History Compared to Growth
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 | $12,346 | $1,137,812 | $910,250 | $227,562 |
| 2023 | $12,068 | $1,115,502 | $892,402 | $223,100 |
| 2022 | $11,818 | $1,093,630 | $874,904 | $218,726 |
| 2021 | $10,575 | $970,000 | $893,000 | $77,000 |
| 2020 | $10,365 | $950,000 | $875,000 | $75,000 |
| 2019 | $11,309 | $1,040,400 | $832,320 | $208,080 |
| 2018 | $11,145 | $1,020,000 | $816,000 | $204,000 |
| 2017 | $9,122 | $825,000 | $720,000 | $105,000 |
| 2016 | $3,986 | $343,946 | $229,299 | $114,647 |
| 2015 | $3,952 | $338,780 | $225,855 | $112,925 |
| 2014 | $3,901 | $332,144 | $221,431 | $110,713 |
Source: Public Records
Agents Affiliated with this Home
-
Polly Rogers
Seller's Agent in 2017
Polly Rogers
Compass
(858) 774-2505
4 in this area
44 Total Sales
-
Walter Shaffer
Seller's Agent in 2016
Walter Shaffer
Walter Bert Shaffer, Broker
(760) 487-1800
2 in this area
6 Total Sales
Map
Source: San Diego MLS
MLS Number: 170001675
APN: 258-172-23-05
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