NOT LISTED FOR SALE

Estimated Value: $1,183,000 - $1,297,000

2 Beds
1 Bath
650 Sq Ft
$1,917/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $1,160,000 $1,785 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,838/month

8 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Laundry Room
  • Capri Elementary School Rated A
  • Living Room
  • No Heating

About This Home

As of February 2024

Quaint Encinitas bungalow on an 8900 sq. ft. lot with a great central location. Endless possibilities with many options to build or remodel. Keep the current cottage as a guest house and build your dream home on the westerly portion of the parcel. Speed up your building processing time by keeping at least 50% of the current structure. This allows for a remodel permit saving time with the City’s CDP (Coastal Development Permit) process. Current zoning is R-5 which allows 35% lot coverage. All utilities are to the site including sewer, water, gas and electric. Conveniently located between Leucadia Blvd and Encinitas Blvd. offering easy access to I-5, shopping, restaurants and is right down the street from the YMCA. Short distance to Downtown Encinitas and Moonlight Beach.

Last Listed By

Kyle Murphy

Coldwell Banker Realty License #01847767 Listed on: 01/22/2024

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,584

Year Built

  • Built in 1954

Lot Details

  • 8,900 Sq Ft Lot
  • Lot Dimensions are 62' x 142' x 62' x 141'
  • Private Yard
  • Density is 2-5 Units/Acre
  • Property is zoned R-5

Interior Spaces

  • 650 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Schools

  • Capri Elementary School

Additional Features

  • Exterior Lighting
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 19079 / G/26
  • Tax Tract Number 2118
  • Assessor Parcel Number 2561643400

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,584

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: R-5
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2561643400
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 650.00
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 1784.62
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Parking: No

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: San Dieguito Union
  • Elementary School: Capri
  • Elementary School: Capri
  • Elementary School #2: CAPRI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Yard
  • Lot Size: 62' x 142' x 62' x 141'
  • Lot Size Sq Ft: 8900.00
  • Lot Size Acres: 0.2043

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8900.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Block: G/26
  • Tax Lot: 19079
  • Tax Tract Number: 002118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
Feb 6, 2024
Sold by
Martinez Henry John and Martinez Margaret Anne
Bought by
Happy Debt Relief Llc
Seller's Agent
Kyle Murphy
Coldwell Banker Realty
Buyer's Agent
Marlene Castellanos
Compass
List Price
$999,000
Sold Price
$1,160,000
Premium/Discount to List
$161,000
16.12%
Total Days on Market
8
Views
141
Current Estimated Value
$1,246,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,323
Avg. Annual Appreciation
4.91%
Original Mortgage
$930,000
Outstanding Balance
$918,962
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$309,183

Purchase Details

Closed on
Jun 29, 2023
Sold by
Family Trust
Bought by
Martinez Henry John and Martinez Margaret Anne

Purchase Details

Closed on
Mar 16, 2015
Sold by
Martinez Henry J
Bought by
Martinez Lt Col Henry John

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
Happy Debt Relief Llc $1,160,000 Lawyers Title Company
Martinez Henry John -- None Listed On Document
Martinez Lt Col Henry John -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Happy Debt Relief Llc $930,000
Previous Owner Martinez Lt Col Henry John $141,584
Previous Owner Martinez Henry J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $1,160,000 +16.1% $1,785 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
01/22/2024 01/22/24 For Sale $999,000 -- $1,537 / 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 $10,584 $969,000 $943,500 $25,500
2023 $780 $38,795 $18,623 $20,172
2022 $638 $38,035 $18,258 $19,777
2021 $843 $37,290 $17,900 $19,390
2020 $909 $36,909 $17,717 $19,192
2019 $900 $36,186 $17,370 $18,816
2018 $930 $35,478 $17,030 $18,448
2017 $925 $34,784 $16,697 $18,087
2016 $926 $34,103 $16,370 $17,733
2015 $950 $33,592 $16,125 $17,467
2014 $840 $32,935 $15,810 $17,125
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2400596

California Regional Multiple Listing Service (CRMLS)

APN: 256-164-34