NOT LISTED FOR SALE

947 Nardo Rd Encinitas, CA 92024

Estimated Value: $1,499,000 - $1,730,000

4 Beds
2 Baths
1,575 Sq Ft
$997/Sq Ft Est. Value

Last Sold September 03, 2020

Last sale price $946,000 $601 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $9,444/month

11 Days on Market

Highlights

  • Forced Air Heating System
  • Ocean Knoll Elementary School Rated A
  • 1-Story Property

About This Home

As of September 2020

Encinitas duplex in great location close to beach. Surrounded by million dollar homes this is a great investment opportunity. Two 2 bed/1 bath units each with private yard. Tenant occupied, DO NOT disturb tenants. Needs work. Being sold in "As-Is" condition. Investors welcome. Neighborhoods: Avocado Acres Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 947 Unit # for Unit 2: 949 Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Stacy Slender-Tickey

Coldwell Banker Realty License #02011252 Listed on: 07/13/2020

Coldwell Banker Realty

Co-Listed By

Amy Jensen

Coldwell Banker Realty License #01710855

Last Buyer's Agent

Gary Dyer

Polo Properties License #00898418

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,337

Year Built

  • Built in 1962

Lot Details

  • 6,001

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • 1-Story Property
  • 6,001 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 2 Units
  • Encinitas Subdivision

Listing and Financial Details

  • Tenant pays for trash collection, water, cable TV, electricity
  • Assessor Parcel Number 2583711400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,337

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Subdivision Name Other: Encinitas
  • Zoning: R-2:MINOR
  • Property Type: Residential Income
  • Parcel Number: 2583711400
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Levels: One

Utilities

  • Heating: Yes
  • Heating Type: Forced Air

Lot Info

  • Lot Size Sq Ft: 6001.00
  • Lot Size Acres: 0.1400

Rental Info

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

Multi Family

  • Gross Scheduled Income: 50400.00
  • Lot Size Area: 6001.0000 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, 2020
Closed on
Aug 26, 2020
Sold by
Dhiraj Kulwinder Kaur
Bought by
Singh Dhiraj Jasbir
Seller's Agent
Stacy Slender-Tickey
Coldwell Banker Realty
Buyer's Agent
Gary Dyer
Polo Properties
List Price
$939,000
Sold Price
$946,000
Premium/Discount to List
$7,000
0.75%
Current Estimated Value
$1,570,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$624,184
Avg. Annual Appreciation
13.01%
Original Mortgage
$709,500
Outstanding Balance
$636,413
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,063,180

Purchase Details

Listed on
Jul 13, 2020
Closed on
Aug 3, 2020
Sold by
Johnson Simon J and Johnson Louisa K
Bought by
Singh Dhiraj Jasbir
Seller's Agent
Stacy Slender-Tickey
Coldwell Banker Realty
Buyer's Agent
Gary Dyer
Polo Properties
List Price
$939,000
Sold Price
$946,000
Premium/Discount to List
$7,000
0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$709,500
Outstanding Balance
$636,413
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,063,180

Purchase Details

Closed on
Dec 9, 2015
Sold by
Johnson Simon J and Johnson Louisa K
Bought by
Johnson Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2005
Sold by
Johnson Simon and Johnson Louisa
Bought by
Johnson Simon J and Johnson Louisa K

Purchase Details

Closed on
Feb 12, 1997
Sold by
Mullaney Daniel J
Bought by
Johnson Simon and Johnson Louisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
7.86%
Source: Public Records

Range of Values:

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Average Value
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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
Singh Dhiraj Jasbir -- First American Title Company
Singh Dhiraj Jasbir $946,000 First American Title Company
Johnson Family Trust -- Accommodation
Johnson Simon J -- Title365 Company Inc
Johnson Simon J -- --
Johnson Simon $167,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Dhiraj Jasbir $709,500
Previous Owner Johnson Simon J $417,000
Previous Owner Johnson Simon $300,000
Previous Owner Johnson Simon $281,000
Previous Owner Johnson Simon $133,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2020 09/03/20 Sold $946,000 +0.7% $601 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $939,000 -- $596 / 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 $13,337 $1,158,902 $960,087 $198,815
2023 $11,371 $984,218 $936,360 $47,858
2022 $10,996 $964,920 $918,000 $46,920
2021 $10,987 $946,000 $900,000 $46,000
2020 $3,677 $248,682 $127,105 $121,577
2019 $3,621 $243,807 $124,613 $119,194
2018 $3,567 $239,027 $122,170 $116,857
2017 $191 $234,341 $119,775 $114,566
2016 $3,587 $229,747 $117,427 $112,320
2015 $3,600 $226,297 $115,664 $110,633
2014 $3,500 $221,865 $113,399 $108,466
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200032698

California Regional Multiple Listing Service (CRMLS)

APN: 258-371-14