NOT LISTED FOR SALE

116 Nob Ave Del Mar, CA 92014

Estimated Value: $7,248,000 - $9,530,089

5 Beds
5.5 Baths
5,441 Sq Ft
$1,569/Sq Ft Est. Value

Last Sold August 15, 2022

Last sale price $9,000,000 $1,654 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $52,958/month

17 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Gated Parking
  • Del Mar Heights School Rated A+
  • Heated In Ground Pool
  • Fireplace in Primary Bedroom

About This Home

As of August 2022

Monterey, California view and vibe with all green trees and panoramic ocean view, no visible homes, roads or powerlines in sight. Perfectly located in Olde Del Mar, where you have it all with privacy, security, tranquility, and a semi-private trail that provides beach access. The architecture is stunning beginning with the bridge that takes you across the infinity-edge pool to the oversized entry door that welcomes guests to the natural light filled and open concept floorplan. All the disappearing glass doors blend the indoors and outdoors, making it very easy to entertain and enjoy the spectacular sunsets between the towering Torrey Pines and natural landscaping. The kitchen is truly a top chef’s dream with walnut cabinetry, a Subzero Professional Series refrigerator/freezer, 8-burner Wolf Professional gas range, and double oven, built-in Miele coffee machine, two Miele dishwashers, and reverse osmosis filtration system with instant hot. Including large disappearing picture windows, recessed lighting, hidden pantry, and floating prep island with waterfall-edged marble dining table for intimate meals. The primary suite is a luxe modern space with tall glass doors, ocean view, and windows opening on to the private deck that is ideal for outdoor massages and yoga. The Zen-like spa bath with steam shower and heated floors is only steps away from laps in the pool or relaxing in the ocean view jacuzzi. The additional 4 en-suite bedrooms and media/game room with kitchenette glisten from the light of the pool set above as part of the room’s ceiling, a one-of-a-kind feature. It’s simply a jewel. Convenient to hiking trails, restaurants, coffee shops, Del Mar Racetrack, Dog Beach, and easy access to I-5.

Last Agent to Sell the Property

Jason Barry

Barry Estates License #01147550 Listed on: 06/06/2022

Co-Listed By

Kendra Gibilisco

Barry Estates License #01134900

Last Buyer's Agent

Kelli Miller

Compass License #01840131

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013

Lot Details

  • 0.33 Acre Lot
  • Landscaped
  • Private Yard
  • Lawn
  • Back Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Detached Carport Space
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Driveway
  • Gated Parking

Home Design

  • Modern Architecture

Interior Spaces

  • 5,441 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Great Room with Fireplace
  • Home Theater
  • Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Outdoor Features

  • Heated In Ground Pool
  • Fire Pit

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Tract Number 2424
  • Assessor Parcel Number 3010210200

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2013

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Architectural Style: Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 3010210200
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5441.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Fire Pit, Great Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1654.11
  • Room Type: Entry, Great Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Media Room, Walk-In Closet

Exterior Features

  • View: Ocean
  • Fence: No
  • Pool Features: Heated, In Ground, Private
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport, Detached Carport, Covered, Driveway, Garage, Garage - Two Door, Garage Door Opener, Gated, On Site, Private
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Fireplace(s), Natural Gas, Zoned
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Biking

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Landscaped, Lawn, Lot 10000-19999 Sqft, Yard
  • Lot Size Sq Ft: 14500.00
  • Lot Size Acres: 0.3329

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14500.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: 002424

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2022
Closed on
Aug 8, 2022
Sold by
M & T Cutler Family Trust
Bought by
116 Nob Avenue Del Mar Llc
Seller's Agent
Jason Barry
Barry Estates
Buyer's Agent
Kelli Miller
Compass
List Price
$9,495,000
Sold Price
$9,000,000
Premium/Discount to List
-$495,000
-5.21%
Views
2
Current Estimated Value
$8,538,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$461,304
Avg. Annual Appreciation
-1.55%

Purchase Details

Closed on
Feb 4, 2021
Sold by
Cutler Matthew C and Cutler Theresa A
Bought by
Cutler Matthew C and Cutler Theresa A

Purchase Details

Listed on
May 1, 2020
Closed on
Jun 9, 2020
Sold by
Denholm David
Bought by
Cutler Matthew
Seller's Agent
Brett Combs
Compass
Buyer's Agent
Monica Meredith
Compass
List Price
$7,995,000
Sold Price
$7,000,000
Premium/Discount to List
-$995,000
-12.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.69%
Original Mortgage
$4,500,000
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 1, 2020
Closed on
Jun 8, 2020
Sold by
Cutler Theresa
Bought by
Cutler Matthew
Seller's Agent
Brett Combs
Compass
Buyer's Agent
Monica Meredith
Compass
List Price
$7,995,000
Sold Price
$7,000,000
Premium/Discount to List
-$995,000
-12.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 1, 2020
Closed on
Jun 6, 2020
Sold by
Haines Denholm Nicole Maree
Bought by
Denholm David J
Seller's Agent
Brett Combs
Compass
Buyer's Agent
Monica Meredith
Compass
List Price
$7,995,000
Sold Price
$7,000,000
Premium/Discount to List
-$995,000
-12.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 20, 2017
Sold by
Denholm David J
Bought by
Denholm David John and Haines Denholm Nicole Maree

Purchase Details

Closed on
Sep 2, 2014
Sold by
Haines Denholm Nicole
Bought by
Denholm David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2014
Sold by
First Republic Bank
Bought by
Penholm David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2014
Sold by
Reid Jeffrey P and Reid Yvonne M
Bought by
First Republic Bank

Purchase Details

Closed on
Nov 7, 2013
Sold by
Reid Jeffrey P and Reid Yvonne M
Bought by
116 Nob Avenue Llc

Purchase Details

Closed on
Aug 9, 2007
Sold by
Reid Jeffrey P and Reid Yvonne M
Bought by
Reid Jeffrey P and Reid Yvonne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,960,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2007
Sold by
Dinnerman Matthew
Bought by
Reid Jeffrey P and Reid Yvonne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,960,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 1998
Sold by
Grantham Mark B and Grantham Margaret M
Bought by
Dinnerman Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.87%

Purchase Details

Closed on
Jun 18, 1997
Sold by
Solominium Inc
Bought by
Grantham Mark B and Grantham Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
7.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
116 Nob Avenue Del Mar Llc $9,000,000 First American Title
Cutler Matthew C -- None Available
Cutler Matthew C -- None Available
Cutler Matthew $7,000,000 Chicago Title Company
Cutler Matthew -- Chicago Title Company Sd
Denholm David J -- Chicago Title Company
Denholm David J -- Chicago Title Company
Denholm David John -- None Available
Denholm David J -- Lawyers Title Company
Penholm David J $5,210,000 Lawyers Title Company
First Republic Bank $4,948,671 Fidelity National Title Ins
116 Nob Avenue Llc -- None Available
Reid Jeffrey P -- Fidelity National Title Co
Reid Jeffrey P $2,450,000 Fidelity National Title Co
Dinnerman Matthew $820,000 Fidelity National Title Co
Grantham Mark B $660,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cutler Matthew $4,500,000
Previous Owner Denholm David J $2,500,000
Previous Owner Reid Jeffrey P $1,960,000
Previous Owner Dinnerman Matthew $650,000
Previous Owner Grantham Mark B $410,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2022 08/15/22 Sold $9,000,000 -5.2% $1,654 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
06/06/2022 06/06/22 For Sale $9,495,000 +35.6% $1,745 / Sq Ft
07/03/2020 07/03/20 Sold $7,000,000 -12.4% $1,287 / Sq Ft View Prior Sale
06/01/2020 06/01/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $7,995,000 -- $1,469 / 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
2025 $98,636 $9,363,600 $6,242,400 $3,121,200
2024 $98,636 $9,180,000 $6,120,000 $3,060,000
2023 $96,607 $7,140,000 $4,651,200 $2,488,800
2022 $77,088 $7,140,000 $4,651,200 $2,488,800
2021 $74,410 $7,000,000 $4,560,000 $2,440,000
2020 $62,085 $5,725,469 $3,296,816 $2,428,653
2019 $60,941 $5,613,206 $3,232,173 $2,381,033
2018 $58,323 $5,503,145 $3,168,798 $2,334,347
2017 $110 $5,395,241 $3,106,665 $2,288,576
2016 $55,513 $5,289,452 $3,045,750 $2,243,702
2015 $54,758 $5,210,000 $3,000,000 $2,210,000
2014 $45,112 $4,285,696 $2,515,696 $1,770,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2205808

California Regional Multiple Listing Service (CRMLS)

APN: 301-021-02