NOT LISTED FOR SALE

Estimated Value: $1,290,000 - $1,559,929

3 Beds
2.5 Baths
1,575 Sq Ft
$693/mo HOA Fee

Last Sold August 05, 2019

Last sale price $1,000,000 $635 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $9,036/month

323 Days on Market

Highlights

  • Ocean View
  • Heated Pool
  • 1 Car Detached Garage
  • Aptos High School Rated A-
  • Balcony
  • 2-minute walk to Rio del Mar State Beach

About This Home

As of August 2019

PRICE REDUCTION!!! PRICED TO SELL, PANORAMIC WHITE WATER OCEAN VIEW CONDO!! Steps to the beach and Rio del Mar favorites including Cafe Rio, Pixie Plaza, Coffee Shop, Pizza and more. Largest square footage of all condos in Rio del Mar. This 3 bedroom, 2 bath has a bonus room (Family room/Den). Possible Vacation Rental pending permit approval of new buyer.

Last Agent to Sell the Property

William Frediani

Cheshire-rio Realty License #01099961 Listed on: 08/11/2018

Last Buyer's Agent

William Frediani

Cheshire-rio Realty License #01099961 Listed on: 08/11/2018

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1970

Lot Details

  • 697

HOA Fees

  • $693 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Property Views

  • Ocean
  • Bay
  • City Lights
  • Mountain

Home Design

  • Flat Roof Shape
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 1,575 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Laundry in unit

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Heated Pool
  • Balcony

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Community Details

  • Association fees include garbage, insurance - common area, insurance - earthquake, maintenance - exterior, pool spa or tennis, roof
  • Shore Del Mar Association

Listing and Financial Details

  • Assessor Parcel Number 043-261-01-000

Property Details

Home Type

Condominium

Year Built

Built in 1970

Lot Details

0

HOA Fees

$693 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Max Numberof Unitsin Building: 17
  • Structure Sq Ft: 1575
  • Year Built: 1970
  • Zoning Description: RM-2.5
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Kitchen: Dishwasher, Garbage Disposal, Microwave, Oven - Built-In
  • Living Sq Ft: 1575
  • Stories: 2
  • Laundry: Inside
  • Flooring: Carpet, Tile
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - Heated
  • Roof: Flat / Low Pitch
  • View: Bay, City Lights, Mountains, Ocean
  • Yard/Grounds: Balcony / Patio
  • Construction Type: Masonry

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 693
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Garbage, Insurance - Common Area, Insurance - Earthquake, Maintenance - Exterior, Pool, Spa, or Tennis, Roof
  • H O A Name Text: Shore Del Mar
  • H O A Exist: Yes

Schools

  • High School: 826

Lot Info

  • Parcel Number: 043-261-01-000
  • Lot Acres: 0.0160
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 697.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 697.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Maximum Building Height: 3
  • Minimum Building Height: 3

MLS Schools

  • High School District Text: Pajaro Valley Unified
  • Elementary School Text: Valencia Elementary
  • High School Text: Aptos High
  • Middle School Text: Aptos Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2018
Closed on
Aug 1, 2019
Sold by
Wasserman Michael J and Wasserman Kimberly J
Bought by
Richards Brian M and Mcintyre Crystal A
Seller's Agent
William Frediani
Cheshire-rio Realty
Buyer's Agent
William Frediani
Cheshire-rio Realty
List Price
$1,300,000
Sold Price
$1,000,000
Premium/Discount to List
-$300,000
-23.08%
Current Estimated Value
$1,396,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,232
Avg. Annual Appreciation
5.29%
Original Mortgage
$750,000
Outstanding Balance
$655,776
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$740,456

Purchase Details

Closed on
Jul 17, 1997
Sold by
Lopes Evelyn J
Bought by
Lopes Evelyn J and Lopes 1997 Qualified Evelyn J

Purchase Details

Closed on
Jun 2, 1997
Sold by
Sparrow William Arthur and Sparrow Barbara May
Bought by
Wasserman Charles A and Wasserman Michael J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Richards Brian M $1,000,000 First American Title Company
Lopes Evelyn J -- --
Lopes Thomas A -- --
Lopes Thomas A -- --
Wasserman Charles A $341,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richards Brian M $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2019 08/05/19 Sold $1,000,000 -15.3% $635 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
04/16/2019 04/16/19 Price Changed $1,180,000 -7.8% $749 / Sq Ft
12/05/2018 12/05/18 Price Changed $1,280,000 -1.5% $813 / Sq Ft
08/11/2018 08/11/18 For Sale $1,300,000 -- $825 / Sq Ft
Source: MLSListings

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 $13,106 $1,093,647 $820,235 $273,412
2023 $12,568 $1,051,179 $788,384 $262,795
2022 $12,311 $1,030,567 $772,925 $257,642
2021 $11,976 $1,010,360 $757,770 $252,590
2020 $11,781 $1,000,000 $750,000 $250,000
2019 $6,323 $497,222 $298,332 $198,890
2018 $6,149 $487,472 $292,482 $194,990
2017 $6,012 $477,912 $286,746 $191,166
2016 $5,845 $468,542 $281,124 $187,418
2015 $5,768 $461,504 $276,902 $184,602
2014 $5,630 $452,464 $271,478 $180,986
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81718623

MLSListings

APN: 043-261-01-000