NOT LISTED FOR SALE

129 8th St Del Mar, CA 92014

Estimated Value: $2,772,000 - $5,031,296

0.18 Acre
$23,126,107 Price per Acre
7,966 Sq Ft Lot

Last Sold August 04, 2022

Last sale price $4,610,000

Est. 8% decrease in value since last sale

Current estimated payment $26,275/month

7 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Bike Trail
  • Del Mar Heights School Rated A+
  • Park

About This Lot

As of August 2022

Life by Design! Create your masterpiece on this elevated lot above the coastline of Del Mar, Southern California’s quintessential beach town. With views of the Pacific Ocean, 129-131 8th Street is sited west of 101/Camino Del Mar and walking distance to surf, sand and the village. The true value lies in the lot itself, a smooth rectangle of .18 acres, with a 1948 duplex of 1,008 total square footage. As you plan your ultimate DREAM HOME in Del Mar, enjoy rental income from the long term month-to-month tenants in the charming bungalows. The property extends from 8th Street to Little Orphan Alley, allowing for lot entrance on either side and room for a guest house.

Last Agent to Sell the Property

Gwyn Rice

Pacific Sotheby's Int'l Realty License #00889370 Listed on: 07/15/2022

Pacific Sotheby's Int'l Realty

Co-Listed By

Lisa Stennes

Pacific Sotheby's Int'l Realty License #01144460

Last Buyer's Agent

Bea Saban

Saban Realty License #01155323

Property Details

Property Type

  • Land

Lot Details

  • 7,966 Sq Ft Lot
  • Lot Dimensions are 160 x 50
  • The property's topography is level
  • Density is up to 1 Unit/Acre
  • Property is zoned R2 - Duplex 2 Units Any Combination

Property Views

  • Ocean
  • Panoramic

Location

  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block Del Mar / 7/4
  • Tax Tract Number 368
  • Assessor Parcel Number 3001810400

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Dog Park
  • Bike Trail

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Assessments: No
  • Possible Use: Residential
  • Possible Use Comments: A duplex is currently sited on the property which could further enhance, or a single family dwelling built or based on City of Del Mar requirement consideration and approval possible lot split.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R2 - Duplex 2 Units Any Combination
  • Property Type: Land
  • Parcel Number: 3001810400
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 578.71

Exterior Features

  • View: Ocean, Panoramic
  • Fence: No

Utilities

  • Electric: Electricity - On Property
  • Water Source: Public
  • Water Well: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban, Biking, Dog Park, Park

Lot Info

  • Topography: Level
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 160 X 50
  • Lot Size Sq Ft: 7966.00
  • Lot Size Acres: 0.1829

Multi Family

  • Lot Size Area: 7966.0000 Square Feet

Tax Info

  • Tax Block: 7/4
  • Tax Lot: Del Mar
  • Tax Tract Number: 000368

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2022
Sold by
Saripalli Shyamala D
Bought by
Artemis Living Trust
Current Estimated Value
$4,229,765

Purchase Details

Listed on
Jul 15, 2022
Closed on
Jul 26, 2022
Sold by
Raghu Saripalli
Bought by
Saripalli Shyamala D
Seller's Agent
Gwyn Rice
Pacific Sotheby's Int'l Realty
Buyer's Agent
Bea Saban
Saban Realty
List Price
$4,500,000
Sold Price
$4,610,000
Premium/Discount to List
$110,000
2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.49%

Purchase Details

Closed on
Apr 27, 2022
Sold by
Maas Earl H
Bought by
Maas Trust and Maas

Purchase Details

Closed on
Dec 18, 2020
Sold by
Maas 1998 Trust and Maas Earl H
Bought by
Maas Earl H

Purchase Details

Closed on
Mar 27, 1998
Sold by
Maas Earl H and Maas Peggy W
Bought by
Maas Earl H and Maas Peggy W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Artemis Living Trust -- --
Saripalli Shyamala D -- First American Title
Saripalli Shyamala D $4,610,000 First American Title
Maas Trust -- None Listed On Document
Maas Earl H -- None Listed On Document
Maas Earl H -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2022 08/04/22 Sold $4,610,000 +2.4% --
07/22/2022 07/22/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $4,500,000 -- --
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 $50,157 $4,796,244 $4,681,800 $114,444
2024 $50,157 $4,702,200 $4,590,000 $112,200
2023 $49,054 $4,610,000 $4,500,000 $110,000
2022 $878 $70,263 $41,120 $29,143
2021 $847 $68,886 $40,314 $28,572
2020 $852 $68,181 $39,901 $28,280
2019 $836 $66,845 $39,119 $27,726
2018 $802 $65,535 $38,352 $27,183
2017 $787 $64,250 $37,600 $26,650
2016 $761 $62,991 $36,863 $26,128
2015 $751 $62,046 $36,310 $25,736
2014 $737 $60,831 $35,599 $25,232
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2207468

California Regional Multiple Listing Service (CRMLS)

APN: 300-181-04