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316 Cerro Street

316 Cerro Street, Encinitas, CA 92024
House in Encinitas
Sold Jan 22, 2024
Transfer
$1,006,250 by Crosscountry Mortgage, Llc
Mortgage Due Feb 01, 2054
Sold Sep 28, 2023
$1,260,000
$1,207,500 by Vontive Inc
Mortgage Due Oct 01, 2024
Local assessors in Encinitas, CA have categorized 316 Cerro Street as a residential type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 7,900 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 640 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 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 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 316 Cerro Street has a total of 1,836 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a roof that is made of concrete. Lots of stucco were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $1,260,000 in Sep 26, 2023. Current property owners are expected to pay $13,623 in taxes per year. The property on 316 Cerro Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,237,035. To break that down further, the land itself was valued at $977,976. While improvements to the property were assessed at a total of $259,059. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Driveway

Driveway

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,900
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 640
  • Total Building Area: 1,836
  • Building Area: 1,836
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,836
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: EMERALD CLASSIC
  • Land Acres: 0.181
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: LOT 111 (EX ST OP) TR 7299

Ownership

  • Current Owner : ARENDSEN JOSEPH C
  • Current Owner 2: RODRIGUE CASSANDRA
  • Previous Owner : TRUE LOCAL DEV LLC
  • Owner Before Previous Owner: BELL REI LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Encinitas Union Elementary School District
  • School Tax School District: ENCINITAS CITY
  • Census Tract: 017403

Zoning

  • Zoning: R8

Geography

  • Assessors Map Reference: 7299
  • Subdivision Tract Number: 7299
  • Parcel: 259-340-57-00
  • Lot: 111
  • Municipality: CITY OF ENCINITAS
  • Latitude: 33.041
  • Longitude: -117.253

    Address

  • Full Address: 316 Cerro St
  • Address - House Number: 316
  • Address - Street Name: Cerro
  • Address - Suffix Type: St
  • State: CA
  • City Name: Encinitas
  • Carrier Code: C014
  • 4-Digit Zip Code: 4803
  • Zip Code: 92024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,623
  • Tax Rate Code Area: 19-163

    Appraisal Valuation

  • Standard Deviation: 0.1542
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 1,681,524
  • High Value: 1,940,863
  • Low Value: 1,422,185

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,256,250
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Jan 22, 2024
  • First Open Lien Mortgage Loan Amount: $1,006,250
  • 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: Feb 01, 2054
  • Second Open Lien Mortgage Lender: CALIFORNIA COAST CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Mar 01, 2024
  • Second Open Lien Mortgage Loan Amount: $250,000
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 28, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,237,035
  • Assessed Land Value: $977,976
  • Assessed Improvements Value: $259,059

    Sales

  • Current Sale Contract Date: Jan 15, 2024
  • Current Sale Recording Date: Jan 22, 2024
  • Current Sale Transaction ID: 11919589029
  • Current Sale Document Type: Gift Deed
  • Current Sale Input Document Number: 17584
  • Previous Sale Recording Date: Sep 28, 2023
  • Previous Sale Contract Date: Sep 26, 2023
  • Previous Sale Amount: $1,260,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE, LLC
  • First Mortgage Transaction Date: Jan 22, 2024
  • First Mortgage Loan Amount: $1,006,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: VONTIVE INC
  • Previous Mortgage Transaction Date: Sep 28, 2023
  • Previous Mortgage Loan Amount: $1,207,500
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Oct 01, 2024

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Frequently Asked Questions

What neighborhood is 316 Cerro Street located in?
The 316 Cerro Street is a house located in the neighborhood of Encinitas in Encinitas, Encinitas.
What is the average sales price for listings in 316 Cerro Street?
The average sales price for units in 316 Cerro Street is $0 currently.

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