NOT LISTED FOR SALE

1050 Magnolia Ave Carlsbad, CA 92008

Estimated Value: $1,454,000 - $1,963,058

5 Beds
4.5 Baths
2,079 Sq Ft
$841/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $1,345,000 $647 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $11,032/month

9 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Central Air
  • Magnolia Elementary Rated A
  • Laundry Room
  • Back Yard

About This Home

As of September 2021

Rare offering in one of Olde Carlsbad’s unique coastal neighborhoods. This favorable location is within walking distance to highly acclaimed Carlsbad top-rated schools, minutes to the energetic downtown Carlsbad Village by the Sea, and a 1.2-mile walk to the beach. This beautiful two-story home offers 4 bedrooms and 3.5 bathrooms in the main house. PLUS, this home has an attached, single story second unit with its own private entrance, kitchen, full bathroom, bedroom, living room, driveway, separate address, and separate meter. With a private cottage feel, this unit is perfect for generational living/in-law suite/long term rental/short term rental opportunities. The second unit is currently renter occupied on a month-to-month. As you enter the main home, you’ll notice soaring vaulted ceilings in the living room and dining room, with an abundance of natural light and a stone fireplace serving as the centerpiece. Continue into the family room and kitchen open concept space and admire stainless steel appliances, large kitchen island and half bathroom. Wood laminate, built-ins and other designer details create a light and bright seaside living escape. The main house is prewired with data ports and entertainment wiring throughout. Upstairs is a generously sized primary bedroom complemented by a primary bath suite with dual vanity sinks, large soaking tub, and separate shower. There is also a spacious walk-in closet with custom built-in features. A Jack-n-Jill bathroom connect two more of the bedrooms. And the fourth bedroom has an attached full bathroom. Each bedroom offers custom built-ins and ample closet space. There are two washer/dryer hook-up options – one upstairs and the other in the garage. The two-car garage features an epoxy finished floor with an abundance of custom cabinetry, shelving, storage and awork bench. The main house also has central AC which was installed just three years ago. The fabulous entertainer’s backyard is large and private. Plenty of opportunity for your entertaining needs including dedicated RV/boat parking, built in gas fire pit with seating, custom built BBQ island with pergola, large grass area and a welcoming hybrid patio with a pergola cover. Front yard is well maintained and features drought tolerant landscaping and a front porch. No HOA or Mello Roos for a home built in 2002, original owners and first time on the market. Opportunity is knocking!

Last Agent to Sell the Property

Marty Smith

RMS Ventures, Inc License #01061562 Listed on: 06/29/2021

Last Buyer's Agent

Maria Wahl

Legacy Carmel By-the-Sea License #00609903

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,029

Year Built

  • Built in 2002

Lot Details

  • 7,651 Sq Ft Lot
  • Back Yard

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Interior Spaces

  • 2,079 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry in Garage

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Tract Number 13868
  • Assessor Parcel Number 2051911900

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,029

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: R-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2051911900
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2079.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 646.95
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: No
  • Laundry: Yes
  • Laundry Features: In Garage, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Carlsbad Unified

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Lot 6500-9999
  • Lot Size Sq Ft: 7651.00
  • Lot Size Acres: 0.1756

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7651.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: 13868

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Jul 23, 2021
Sold by
Essa Susan Wellington
Bought by
Todd David and Todd Natalie
Seller's Agent
Marty Smith
RMS Ventures, Inc
Buyer's Agent
Maria Wahl
Legacy Carmel By-the-Sea
List Price
$1,392,000
Sold Price
$1,345,000
Premium/Discount to List
-$47,000
-3.38%
Total Days on Market
9
Current Estimated Value
$1,749,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,015
Avg. Annual Appreciation
10.12%
Original Mortgage
$1,000,000
Outstanding Balance
$925,074
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$1,009,547

Purchase Details

Closed on
Sep 12, 2015
Sold by
Garcia Susan L
Bought by
Garcia Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,900
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2010
Sold by
Garcia Damian
Bought by
Garcia Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2002
Sold by
Ogara Michael D and Ogara Vicki B
Bought by
Garcia Damian and Garcia Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,920
Interest Rate
6.87%
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
Todd David $1,345,000 First American Ttl San Diego
Essa Susan Wellington -- First American Ttl San Diego
Garcia Susan L -- Tsi Title
Garcia Susan L -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Todd David $0
Open Todd David $1,000,000
Previous Owner Garcia Susan L $571,000
Previous Owner Garcia Susan L $528,900
Previous Owner Garcia Susan L $439,950
Previous Owner Garcia Susan L $444,550
Previous Owner Garcia Susan L $445,000
Previous Owner Garcia Damian $387,600
Previous Owner Garcia Damian $20,000
Previous Owner Ogara Michael D $376,000
Previous Owner Ogara Michael D $252,000
Previous Owner Ogara Michael D $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $1,345,000 -3.4% $647 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $1,392,000 -- $670 / 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 $15,029 $1,399,338 $977,976 $421,362
2023 $14,953 $1,371,900 $958,800 $413,100
2022 $14,723 $1,345,000 $940,000 $405,000
2021 $7,209 $654,950 $307,070 $347,880
2020 $7,161 $648,235 $303,922 $344,313
2019 $7,031 $635,525 $297,963 $337,562
2018 $6,734 $623,065 $292,121 $330,944
2017 $6,622 $610,849 $286,394 $324,455
2016 $6,356 $598,873 $280,779 $318,094
2015 $6,330 $589,878 $276,562 $313,316
2014 -- $578,324 $271,145 $307,179
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2107430

California Regional Multiple Listing Service (CRMLS)

APN: 205-191-19