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1651 Burgundy Road

1651 Burgundy Road, Encinitas, CA 92024
Property in Encinitas
Sold Aug 01, 2013
$937,500
$664,500 by Summit Funding Inc
Mortgage Due Dec 01, 2050
Sold Mar 20, 2007
$931,000
$500,000 by Mortgageit Inc
Mortgage Due Apr 01, 2037
Local assessors in Encinitas, CA have categorized 1651 Burgundy Road as a residential type of property. The home was built in 1965 and is 59 years old. The property's lot size has been calculated to be 13,000 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1651 Burgundy Road has a total of 1,504 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1651 Burgundy Road sold most recently in May 28, 2013 for a total of $937,500. If you work out the math, that's approximately a cost of $623.34 per sqft. Before that, the property was also sold for $931,000 in Mar 5, 2007. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $14,656 in taxes each year. 1651 Burgundy Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,339,240. If we break it down further, the land itself was valued at $1,198,468. Improvements to the property, however, were assessed at a total of $140,772. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,000
  • Total Building Area: 1,504
  • Building Area: 1,504
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,504
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CREST ACRES
  • Land Acres: 0.298
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: LOT 16 POR TR 002019

Ownership

  • Current Owner : KIM ANDREW YUNGKYU
  • Current Owner 2: KIM ADRIENNE SPAHR
  • Previous Owner : MARUSICH TIMOTHY A
  • Previous Owner 2: MARUSICH EMILY
  • Owner Before Previous Owner: DEMERS JOHN D
  • Owner Before Previous Owner 2: DEMERS DENISE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Encinitas Union Elementary School District
  • School Tax School District: ENCINITAS CITY
  • Census Tract: 017601

Zoning

  • Zoning: RR2

Geography

  • Assessors Map Reference: 002019
  • Subdivision Tract Number: 002019
  • Parcel: 254-171-36-00
  • Lot: 16
  • Municipality: CITY OF ENCINITAS
  • Latitude: 33.0792
  • Longitude: -117.29

    Address

  • Full Address: 1651 Burgundy Rd
  • Address - House Number: 1651
  • Address - Street Name: Burgundy
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Encinitas
  • Carrier Code: C010
  • 4-Digit Zip Code: 1208
  • Zip Code: 92024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,656
  • Tax Rate Code Area: 19-084

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 79
  • Final Value: 2,102,492
  • High Value: 2,451,116
  • Low Value: 1,753,868

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $664,500
  • First Open Lien Mortgage Lender: SUMMIT FUNDING INC
  • First Open Lien Mortgage Recording Date: Nov 10, 2020
  • First Open Lien Mortgage Loan Amount: $664,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,339,240
  • Assessed Land Value: $1,198,468
  • Assessed Improvements Value: $140,772

    Sales

  • Current Sale Contract Date: May 28, 2013
  • Current Sale Recording Date: Aug 01, 2013
  • Current Sale Transaction ID: 1048606466
  • Current Sale Price: $937,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2013-0485554
  • Previous Sale Recording Date: Mar 20, 2007
  • Previous Sale Contract Date: Mar 05, 2007
  • Previous Sale Amount: $931,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FRANKLIN LOAN CENTER
  • First Mortgage Transaction Date: Aug 01, 2013
  • First Mortgage Loan Amount: $656,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGEIT INC
  • Previous Mortgage Transaction Date: Mar 20, 2007
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2037

About Encinitas



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$2,680 /mo

  • 1 Bed
  • 1 Bath
  • 708 ft²
Listing by Equity Residential

Frequently Asked Questions

What neighborhood is 1651 Burgundy Road located in?
The 1651 Burgundy Road is a located in the neighborhood of Encinitas in Encinitas, Encinitas.
What is the average sales price for listings in 1651 Burgundy Road?
The average sales price for units in 1651 Burgundy Road is $0 currently.

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