NOT LISTED FOR SALE

1027 Reliance Way Del Mar, CA 92014

Estimated Value: $1,441,000 - $1,822,000

2 Beds
2.5 Baths
1,691 Sq Ft
$944/Sq Ft Est. Value

Last Sold March 29, 2013

Last sale price $650,000 $384 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $9,747/month

29 Days on Market

Highlights

  • Ocean View
  • 199,615 Sq Ft lot
  • Contemporary Architecture
  • Skyline Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of March 2013

Beautiful property with big ocean and lagoon views. The sunsets are fabulous. Lovely townhome minutes to beach; walk to the new Wholefoods and Flower Hill mall. Two bedrooms, two baths on lower level. High ceiling living room, dining room and upgraded kitchen and half bath on upper level with open floor plan, spacious rooms, designer window coverings and large deck facing south and west. Wood floors on both levels, carpet in bedrooms. A tremendous value for upgraded view property. This unit is located in the center of the complex away from traffic noise and fronting on greenbelt. The property has a large attached garage which enters directly to the property on the entry floor, half a flight up to living room, kitchen and dining rm, and half a flight down to sleeping areas. Excellent condition coupled with solid quality and style at the entrance to Rancho Santa Fe, and a mere 30 minutes to downtown San Diego.

Last Agent to Sell the Property

Karla Cohn

Karla Cohn & Associates Realty License #00640191 Listed on: 01/29/2013

Last Buyer's Agent

Liza Kay

92 Realty Group License #01416109

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,009

Year Built

  • Built in 1986

Lot Details

  • 4.58 Acre Lot

HOA Fees

  • $525 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Lagoon
  • Panoramic

Home Design

  • Contemporary Architecture
  • Rolled or Hot Mop Roof
  • Wood Siding

Interior Spaces

  • 1,691 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Security System Owned

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry closet
  • Full Size Washer or Dryer
  • Dryer

Outdoor Features

  • Gas Heated Pool
  • Deck

Schools

  • Solana Beach School District Elementary School

Utilities

  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 298-292-12-66

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, limited insurance, termite, trash pickup, water
  • 4 Units
  • Breckenridge Association, Phone Number (619) 697-3191
  • Spindrift Community

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,009

Year Built

Built in 1986

Lot Details

0

HOA Fees

$525 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Architectural Style: Contemporary
  • Residential Styles: Townhome
  • Market Area: Coastal North
  • Cross Street: AmericaWay/San Andres
  • Neighborhood: Spindrift
  • Supplement: This unit is located in the center of the complex away from traffic noise and fronting on greenbelt. The property has a large attached garage which enters directly to the property on the entry floor, half a flight up to living room, kitchen and dining rm, and half a flight down to sleeping areas. Excellent condition coupled with solid quality and style at the entrance to Rancho Santa Fe, and a mere 30 minutes to downtown San Diego.
  • LP / Sq Ft: 401.54
  • Price Per Sq Ft: 384.39
  • SP/ Sq Ft: 384.39
  • Stories: 2 Story
  • Stories In Building: 2
  • Ownership: Condominium
  • Total Stories: 2
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Wood
  • Equipment Available: Dishwasher, Disposal, Dryer, Garage Door Opener, Range/Oven, Refrigerator
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Walls: Drywall
  • Searchable Rooms: Bedroom Entry Level, Breakfast Area, Dining Room/Separate
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 14x18
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Laundry Location: Closet Full Sized
  • Estimated Sq Ft: 1691
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Wood
  • Patio: Deck
  • Pool: Community/Common
  • Pool Heat: Gas
  • Roof: Rolled/Hot Mop
  • View: Lagoon/Estuary, Ocean, Panoramic, Panoramic Ocean

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Garage Spaces: 2
  • Parking Spaces Total: 4

Utilities

  • Laundry Utilities: Electric, Gas
  • Security: Eqpt Owned
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Complex Name: Spindrift
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 4
  • Total Number of Units: 144
  • Community: DEL MAR
  • Complex Features: Pool
  • Home Owner Association: Breckenridge
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Limited Insurance, Termite, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 525.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619 697-3191

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 1

Fee Information

  • Total Monthly Fees: 525

Schools

  • School District URL: http://www.sbsd.k12.ca.us/
  • Elementary School: Solana Beach School District

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 298-292-12-66
  • Estimated Lot Sq Ft: 199615
  • Map Code Column: G
  • Map Code Page: 1187
  • Map Code Row: 1

Multi Family

  • Percentage Owner Occupancy: 75.0

Tax Info

  • Assessor Parcel Number: 1027Reliance92014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2018
Sold by
Gaffen Eileen and Gaffen Steven
Bought by
Gaffen Steven Alan and Gaffen Eileen J
Total Days on Market
29
Current Estimated Value
$1,596,190

Purchase Details

Listed on
Jan 29, 2013
Closed on
Mar 8, 2013
Sold by
Brelin Eric Gustaf and Brelin Terri L
Bought by
Gaffeb Eileeb and Gaffen Steven
Seller's Agent
Karla Cohn
Karla Cohn & Associates Realty
Buyer's Agent
Liza Kay
92 Realty Group
List Price
$695,000
Sold Price
$650,000
Premium/Discount to List
-$45,000
-6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%
Original Mortgage
$520,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2008
Sold by
Brelin Eric Gustaf and Brelin Terri L
Bought by
Brelin Eric Gustaf and Brelin Terri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.88%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 2, 1999
Sold by
Brelin Eric G and Brelin Terri L
Bought by
Brelin Eric Gustaf and Brelin Terri L

Purchase Details

Closed on
Aug 26, 1996
Sold by
Brelin Eric G and Winsor Terri L
Bought by
Brelin Eric Gustaf and Brelin Terri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
8.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 1994
Sold by
Brelin Eric Gustaf
Bought by
Brelin Eric Gustaf

Purchase Details

Closed on
Jun 21, 1989

Purchase Details

Closed on
Aug 30, 1985
Source: Public Records

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Range of Values:

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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
Gaffen Steven Alan -- None Available
Gaffeb Eileeb $650,000 Chicago Title Company
Brelin Eric Gustaf -- Accommodation
Brelin Eric Gustaf -- First American Title
Brelin Eric Gustaf -- --
Brelin Eric Gustaf -- --
Brelin Eric Gustaf -- First American Title
Brelin Eric Gustaf -- --
-- $328,000 --
-- $213,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaffen Family Trust $200,000
Open Gaffen Steven Alan $535,000
Closed Gaffeb Eileeb $520,000
Previous Owner Brelin Eric Gustaf $336,000
Previous Owner Brelin Eric Gustaf $357,000
Previous Owner Brelin Eric Gustaf $350,000
Previous Owner Brelin Eric Gustaf $250,000
Previous Owner Brelin Eric Gustaf $300,000
Previous Owner Brelin Eric Gustaf $285,000
Previous Owner Brelin Eric Gustaf $251,000
Previous Owner Brelin Eric Gustaf $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2013 03/29/13 Sold $650,000 -4.3% $384 / Sq Ft
02/26/2013 02/26/13 Pending -- -- --
02/11/2013 02/11/13 Price Changed $679,000 -2.3% $402 / Sq Ft
01/28/2013 01/28/13 For Sale $695,000 -- $411 / Sq Ft
Source: San Diego MLS

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 $9,009 $784,721 $567,416 $217,305
2023 $8,825 $769,336 $556,291 $213,045
2022 $8,694 $754,252 $545,384 $208,868
2021 $8,551 $739,464 $534,691 $204,773
2020 $8,482 $731,883 $529,209 $202,674
2019 $8,330 $717,533 $518,833 $198,700
2018 $8,167 $703,464 $508,660 $194,804
2017 $8,023 $689,672 $498,687 $190,985
2016 $7,562 $676,150 $488,909 $187,241
2015 $7,442 $665,995 $481,566 $184,429
2014 $7,286 $652,950 $472,133 $180,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 130004827

San Diego MLS

APN: 298-292-12-66