tomo logo

$2,750,000

Beds
4
Baths
3.5
sq ft
2,831

256 Rancho Santa Fe Rd, Encinitas, CA 92024

256 Rancho Santa Fe Rd

Encinitas, CA 92024

  • 36 days on market
    • Price drop $49,000↓
Perched above Rancho Santa Fe Road on a serene 1/2 acre lot is this lovely ranch style home and newly constructed ADU. The main house is 3 bedrooms, with an optional 4th bedroom, 2.5 baths approximately 1961 SF. Its open floorplan features an updated kitchen, dining area with sliding doors to an expansive deck and living room with a cathedral beamed ceiling, grand fireplace and a wall of windows overlooking the back yard and panoramic views east. The primary suite and 2 bedrooms, 2 baths complete the main floor of the home, with 2 of the bedrooms opening outdoors to the deck. The optional fourth bedroom is downstairs with sliding doors to the rear yard. It contains a half bath, and could serve as a guest bedroom, playroom, office or family room. The newly completed ADU is stunning. Its design mimics that of main house, featuring an open floor plan, and the same indoor/outdoor flow to its own spacious attached deck. At 870 SF, the ADU is a 1 bedroom 1 bathroom with an additional room ideal for use as another bedroom, office or family room. Both the house and ADU overlook the enormous and newly terraced back yard. Ideally located in Olivenhain, you feel as though you are in the country, while only a short distance to shopping and beaches.

Details

Property type

Single Family Residence

Est. home value

$2,133,958

Lot size

0.52 acres

Price per sq ft

$972

Year built

1974

Price History

06/28/2024
CRMLS

CRMLS #ND24106385

Price change
$2,750,000
-1.75%
06/10/2024
CRMLS

CRMLS #ND24106385

Price change
$2,799,000
-5.12%
05/30/2024
CRMLS

CRMLS #ND24106385

Listed
$2,950,000
+56.5%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Suburban

High school district: 

San Dieguito Union

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,821,103
Asking price
$2,750,000
Closing costs (~8% of asking)
-$220,000
Est. remaining loan balance
-$708,897
Cash to seller
$1,821,103

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

December 2021

Original loan amount

$750,000

Est. remaining balance

$708,897

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Christopher J Blay and Kelly R Casassa

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/01/2024 at 10:45 AM

Listing updated: 06/29/2024 at 3:43 PM

Listed by: Linda Mitrovich, Coldwell Banker West Phone #: (619) 222-6800

MLS: CRMLS #ND24106385

CRMLS logo

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