NOT LISTED FOR SALE

940 Sealane Dr Unit 8 Encinitas, CA 92024

Central Encinitas Neighborhood

Estimated Value: $1,820,000 - $2,641,782

2 Beds
2 Baths
1,022 Sq Ft
$630/mo HOA Fee

Last Sold May 27, 2021

Last sale price $2,000,000 $1,957 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $14,580/month

5 Days on Market

Highlights

  • White Water Ocean Views
  • In Ground Pool
  • 1.09 Acre Lot
  • Paul Ecke-Central Elementary Rated A
  • Gated Parking
  • 3-minute walk to J Street Viewpoint

About This Home

As of May 2021

Incredible opportunity to own this remodeled penthouse situated on the bluff in between Moonlight Beach and Swami’s with views sweeping from Oceanside to La Jolla. Spectacular sit down whitewater views from the large open kitchen, dining, living, and master bedroom. Features a large wrap around patio from living room to master bedroom, high beamed ceilings, timeless finishes, wood floors, two gated parking spaces, in-unit laundry, and sold furnished. Enjoy the Encinitas lifestyle and walk to Downtown Encinitas, beaches, coffee shops, and restaurants. Complex features a community pool and spa. Complex/building was recently repiped, reroofed and repainted. Assessors records indicates effective year built is 1990.

Last Agent to Sell the Property

Sean Caddell

Pacific Sotheby's Int'l Realty License #01192842 Listed on: 05/12/2021

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Polly Rogers

Compass License #00637691

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1978

Lot Details

  • 1.09

HOA Fees

  • $630 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic

Interior Spaces

  • 1,022 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Covered Parking
  • Gated Parking
  • Assigned Parking

Additional Features

  • In Ground Pool
  • Two or More Common Walls

Listing and Financial Details

  • Tax Tract Number 8294
  • Assessor Parcel Number 2581722308

Community Details

Overview

  • 19 Units
  • Landmark Association, Phone Number (858) 536-8100
  • Pacific Panorama

Recreation

  • Community Pool
  • Water Sports

Property Details

Home Type

Condominium

Year Built

Built in 1978

Lot Details

0

HOA Fees

$630 per month

Listing Details

  • Assessments: No
  • Park Name: Pacific Panorama
  • Property Attached: Yes
  • View: Yes
  • Zoning: R-1:Single Fam-Res
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2581722308
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1022.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 1956.95
  • Room Type: Family Room, Kitchen, Master Bathroom, Master Bedroom

Exterior Features

  • View: Coastline, Ocean, Panoramic, Water, White Water
  • Pool Features: Community, In Ground
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Covered, Gated
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Closet
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 630.00
  • Association Fee Frequency: Monthly
  • Association Name: Landmark
  • Phone: 858-536-8100
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Watersports

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 47716.00
  • Lot Size Acres: 1.0900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 47716.0000 Square Feet
  • Number Of Units In Community: 19

Tax Info

  • Tax Tract Number: 008294

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
May 19, 2021
Sold by
Kohut Francine L
Bought by
Linett Mark H and Gwynne Margaret L
Seller's Agent
Sean Caddell
Pacific Sotheby's Int'l Realty
Buyer's Agent
Polly Rogers
Compass
List Price
$1,699,000
Sold Price
$2,000,000
Premium/Discount to List
$301,000
17.72%
Current Estimated Value
$2,304,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,946
Avg. Annual Appreciation
3.11%

Purchase Details

Closed on
May 30, 2013
Sold by
Kohut Francine L
Bought by
Kohut Francine L

Purchase Details

Closed on
Jul 23, 2002
Sold by
Kohut Michael J and Kohut Francine L
Bought by
Kohut Michael J and Kohut Francine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2001
Sold by
Romps Peter F
Bought by
Kohut Michael J and Kohut Francine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,600
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1998
Sold by
Sultan and Ellen
Bought by
Romps Peter F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
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
Linett Mark H $2,000,000 Guardian Title Company
Kohut Francine L -- None Available
Kohut Francine L -- None Available
Kohut Michael J -- South Coast Title Company
Kohut Michael J $672,000 First American Title
Romps Peter F $397,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kohut Michael J $537,000
Previous Owner Kohut Michael J $537,600
Previous Owner Romps Peter F $345,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2021 05/27/21 Sold $2,000,000 +17.7% $1,957 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $1,699,000 -- $1,662 / 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 $22,762 $2,164,862 $1,786,012 $378,850
2024 $22,762 $2,122,415 $1,750,993 $371,422
2023 $22,247 $2,080,800 $1,716,660 $364,140
2022 $21,797 $2,040,000 $1,683,000 $357,000
2021 $10,305 $944,493 $644,178 $300,315
2020 $10,204 $934,809 $637,573 $297,236
2019 $9,997 $916,480 $625,072 $291,408
2018 $9,859 $898,511 $612,816 $285,695
2017 $9,715 $880,894 $600,800 $280,094
2016 $9,421 $863,622 $589,020 $274,602
2015 $9,310 $850,651 $580,173 $270,478
2014 $9,154 $833,989 $568,809 $265,180
Source: Public Records

Agents Affiliated with this Home

  • Sean Caddell

    Seller's Agent in 2021

    Sean Caddell

    Pacific Sotheby's Int'l Realty

    (858) 519-2469

    14 in this area

    116 Total Sales

    Sean Caddell
    Section Image
  • Polly Rogers

    Buyer's Agent in 2021

    Polly Rogers

    Compass

    (858) 774-2505

    7 in this area

    47 Total Sales

    Polly Rogers
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2105234

California Regional Multiple Listing Service (CRMLS)

APN: 258-172-23-08

California San Diego County Encinitas 92024 Central Encinitas

940 Sealane Dr Unit 8, Encinitas, CA

Not Listed for Sale

Condos

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