NOT LISTED FOR SALE

1275 Cynthia Ln Carlsbad, CA 92008

Estimated Value: $1,971,000 - $2,598,000

8 Beds
8 Baths
4,077 Sq Ft
$561/Sq Ft Est. Value

Last Sold December 23, 2019

Last sale price $1,415,000 $347 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $14,144/month

30 Days on Market

Highlights

  • Ocean View
  • RV Garage
  • Home Security System
  • Buena Vista Elementary Rated A
  • Cul-De-Sac
  • Property is Fully Fenced

About This Home

As of December 2019

Don't miss this incredible investment opportunity!! Awesome Carlsbad location. Downstairs 8 bedrooms - 6 currently occupied assisted living beds, 2 caregiver beds, 5 1/2 baths. All rooms lead to serene outside area. Upstairs unit just built has stunning 2 bed, 2 1/2 bath smart home with vaulted ceiling, floor to ceiling windows and ocean view that can be owner occupied or rented. Fully upgraded luxury retreat! Must purchase established business listing #190010542. All P&L's and tax returns available. So much to say about this property and so little space. I have all the financials, last 3 years tax returns, leases, income and expenses, P&L for 2018 return in process of being done. Approx. $150,000 net income with business paying $5,500 toward rent or debt.

Last Listed By

Anna Marie Barnard

Sand & Sea Realty, Inc. License #01087778 Listed on: 06/18/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,226

Year Built

  • Built in 2013

Lot Details

  • 8,882 Sq Ft Lot
  • Cul-De-Sac
  • Property is Fully Fenced
  • Level Lot
  • Sprinklers on Timer

Parking

  • RV Garage

Property Views

  • Ocean
  • Park or Greenbelt

Home Design

  • Rolled or Hot Mop Roof
  • Composition Roof

Interior Spaces

  • Wired For Data
  • Home Security System

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Prewired Cat-5 Cables
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 156-231-11-00

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,226

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: gregory
  • Neighborhood: carlsbad
  • Supplement: So much to say about this property and so little space. I have all the financials, last 3 years tax returns, leases, income and expenses, P&L for 2018 return in process of being done. Approx. $150,000 net income with business paying $5,500 toward rent or debt.
  • Miscellaneous: Hdicap/Whlchair
  • Sale Price List Price: 0.95
  • Year Built: 2013
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full
  • Roof: Composition, Rolled/Hot Mop
  • View: Ocean, Parklike

Garage/Parking

  • Parking for RV: Garage, On-Site Parking

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Audio, Cable (coaxial), Computer (cat5), Security, Wired High Speed Internet
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: CARLSBAD WEST
  • Manager Name: Anna Marie
  • Manager Phone: 619-840-6683

Lot Info

  • Irrigation: Automatic
  • Lot Size: 7,500-10,889 SF
  • Site: Cul-De-Sac
  • Topography: Level
  • Water District: CARLSBAD MUNICIPAL WATER DISTRI
  • Zoning: R-1
  • Assessor Parcel Number: 156-231-11-00
  • Estimated Lot Sq Ft: 8882
  • Water District URL: http://www.ci.carlsbad.ca.us/cserv/water.html

Multi Family

  • No. of Units: 2
  • Gross Rent Multiplier Actual: 4.52
  • Gross Sched Income Projected: 360000
  • Number Of Buildings: 1
  • Number Of Furnished Units: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2019
Sold by
1275 Cl Llc
Bought by
Cynthia Lane Llc
Total Days on Market
30
Current Estimated Value
$2,285,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,211,250
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 7, 2017
Sold by
Extraordinary Builders Inc
Bought by
1275 Cl Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 2013
Sold by
Extraordinary Builders Inc
Bought by
1275 Cl Llc

Purchase Details

Closed on
Dec 28, 2011
Sold by
Dames Mary June
Bought by
Extraordinary Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
3.94%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 23, 1994
Sold by
Dames Mary June
Bought by
Dames Mary June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,750
Interest Rate
8.3%
Mortgage Type
Commercial

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
Cynthia Lane Llc $1,415,000 Chicago Title
1275 Cl Llc -- Chicago Title
1275 Cl Llc -- Ticor
Extraordinary Builders Inc $210,000 Ticor Title Company
Dames Mary June -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cynthia Lane Llc $1,400,200
Previous Owner Cynthia Lane Llc $1,211,250
Previous Owner 1275 Cl Llc $225,000
Previous Owner 1275 Cl Llc $70,000
Previous Owner Extraordinary Builders Inc $35,000
Previous Owner Extraordinary Builders Inc $148,000
Previous Owner Dames Mary June $148,000
Previous Owner Dames Mary June $25,000
Previous Owner Dames Mary June $47,953
Previous Owner Dames Mary June $53,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2019 12/23/19 Sold $1,415,000 -5.0% $347 / Sq Ft
07/19/2019 07/19/19 Pending -- -- --
06/18/2019 06/18/19 For Sale $1,489,000 -- $365 / 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 $16,226 $1,517,162 $1,072,201 $444,961
2023 $16,145 $1,487,415 $1,051,178 $436,237
2022 $15,897 $1,458,251 $1,030,567 $427,684
2021 $15,777 $1,429,659 $1,010,360 $419,299
2020 $15,671 $1,415,000 $1,000,000 $415,000
2019 $10,522 $900,043 $496,756 $403,287
2018 $10,100 $882,396 $487,016 $395,380
2017 $9,398 $814,795 $477,467 $337,328
2016 $9,042 $798,819 $468,105 $330,714
2015 $7,378 $634,149 $461,074 $173,075
2014 $6,276 $577,610 $452,043 $125,567
Source: Public Records

Agents Affiliated with this Home

  • Anna Marie Barnard

    Seller's Agent in 2019

    Anna Marie Barnard

    Sand & Sea Realty, Inc.

    (619) 504-7123

    68 Total Sales

    Anna Marie Barnard
    Section Image
  • Shawna Scott

    Seller Co-Listing Agent in 2019

    Shawna Scott

    Shawna Scott, Broker

    (619) 990-5516

    19 Total Sales

    Shawna Scott
    Section Image

  • D

    Buyer's Agent in 2019

    Donald Yang

    Advocates Realty Group, Inc.

See All Agents

Map

Source: San Diego MLS

MLS Number: 190033589

San Diego MLS

APN: 156-231-11

California San Diego County Carlsbad 92008

1275 Cynthia Ln, Carlsbad, CA

Homes for Sale in Carlsbad, CA

This home is located at 1275 Cynthia Ln, Carlsbad, CA 92008 since 18 June 2019 and is currently estimated at $2,285,313, approximately $560 per square foot. This property was built in 2013. 1275 Cynthia Ln is a home located in San Diego County with nearby schools including Buena Vista Elementary, Carlsbad High School, and Sage Creek High.

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