NOT LISTED FOR SALE

Estimated Value: $789,560 - $917,000

1 Bed
1 Bath
605 Sq Ft
$621/mo HOA Fee

Last Sold May 23, 2023

Last sale price $835,000 $1,380 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,830/month

35 Days on Market

Highlights

  • Ocean View
  • Fishing
  • No Heating
  • Filtered Pool
  • Laundry Room

About This Home

As of May 2023

One in a lifetime opportunity to own right on the marina. One of 6 units with oversized patio that sits directly on the harbor. During the day you can watch the wildlife and sailors come and go. At night the harbor twinkles under the stars as the lighthouse guides you home. This is a truly magical space. The home was stripped of anything dated and put back together to become a insanely successful vacation rental. This is as turn key as it gets. The community pool is heated as well as the hot tub. There is a deeded parking spot in the carport, just steps away. If you know Marina del Mar, you know what it's like in the summers here. This unit because the entry is ground level and on the Marina side, sees little to no crowd. The only people you see are the other 5 Patio unit owners. Its very private, and very serene. Nothing in San Diego is quiet like it.

Last Agent to Sell the Property

Pete Tomaszek

HomeSmart Realty West License #01891225 Listed on: 03/20/2023

HomeSmart Realty West

Last Buyer's Agent

Shane Williams

Firstline Home Loans, Inc. License #01459287

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,467

Year Built

  • Built in 1974

Lot Details

  • No Units Located Below
  • Two or More Common Walls
  • Land Lease

HOA Fees

  • $621 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Bridge
  • City Lights
  • Views of a landmark

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 605 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Fence Around Pool

Additional Features

  • Exterior Lighting
  • No Heating

Listing and Financial Details

  • Tax Tract Number 111111
  • Assessor Parcel Number 7600801341

Community Details

Overview

  • 77 Units
  • Marina Del Mar Association

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Fishing
  • Water Sports

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,467

Year Built

Built in 1974

Lot Details

0

HOA Fees

$621 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7600801341
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 605.00
  • Stories: 1
  • Common Walls: 2+ Common Walls, No One Below
  • Appliances: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 1380.17
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Bay, Bridge(s), City Lights, Coastline, Harbor, Landmark, Marina, Ocean
  • Fence: No
  • Pool Features: Community, Fenced, Filtered, Heated, Electric Heat, In Ground
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 621.00
  • Association Fee Frequency: Monthly
  • Association Name: marina del mar
  • Phone: 1608152959
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Storm Drains, Street Lights, Fishing, Watersports

Lot Info

  • Land Lease: Yes

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 77

Tax Info

  • Tax Tract Number: 111111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2021
Sold by
Spencer Robert and Spencer Sherry L
Bought by
Spencer Robert Jeffery and Spencer Sherry Lynn
Current Estimated Value
$860,390

Purchase Details

Closed on
Feb 7, 2006
Sold by
Hom Ed
Bought by
Spencer Robert and Spencer Sherry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,250
Interest Rate
7.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 28, 2005
Sold by
Knapp Yong Son
Bought by
Hom Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.51%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 29, 2003
Sold by
Smith Rodney N
Bought by
The Knapp Family Trust

Purchase Details

Closed on
Sep 16, 2003
Sold by
Knapp Yong Son
Bought by
Smith Rodney N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,550
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 1995
Sold by
Knapp Yong Son
Bought by
The Knapp Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Spencer Robert Jeffery -- None Available
Spencer Robert $571,000 First American Title Co
Hom Edward $570,000 California Title Company
The Knapp Family Trust -- --
Smith Rodney N $450,000 Chicago Title Co
The Knapp Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spencer Robert $428,250
Previous Owner Hom Edward $270,000
Previous Owner Smith Rodney N $404,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2023 05/23/23 Sold $835,000 -1.8% $1,380 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
03/20/2023 03/20/23 For Sale $850,000 -- $1,405 / 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 $8,467 $795,693 $404,884 $390,809
2024 $8,467 $780,093 $396,946 $383,147
2023 $8,467 $564,000 $346,000 $218,000
2022 $6,276 $564,000 $346,000 $218,000
2021 $5,244 $460,000 $283,000 $177,000
2020 $4,688 $420,000 $259,000 $161,000
2019 $4,642 $420,000 $259,000 $161,000
2018 $4,685 $420,000 $259,000 $161,000
2017 $4,691 $420,000 $259,000 $161,000
2016 $4,301 $390,000 $241,000 $149,000
2015 $4,576 $421,200 $261,000 $160,200
2014 $4,485 $421,200 $261,200 $160,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2301999

California Regional Multiple Listing Service (CRMLS)

APN: 760-080-13-36