NOT LISTED FOR SALE

159 Tamarack Ave Carlsbad, CA 92008

Estimated Value: $1,857,000 - $1,982,008

8 Beds
4 Baths
1,348 Sq Ft
$1,431/Sq Ft Est. Value

Last Sold August 01, 2019

Last sale price $2,665,000 $1,977 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $12,104/month

171 Days on Market

Highlights

  • Floor Furnace
  • Partially Fenced Property
  • 1-Story Property
  • Carlsbad High School Rated A

About This Home

As of August 2019

Ocean view 4-Plex,steps to sand and boardwalk, each unit has 2 bedroom and one bath all units have laundry in their garage, these units can go long or short term rental. Ideal investment for the right builder, these units are priced to sell and owner may carry for the right buyer. Best priced beach property Neighborhoods: avaocado acres Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 159 Unit # for Unit 2: 161 Unit # for Unit 3: 165 Unit # for Unit 4: 167 Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Stuart Shinto

Realty ONE Group Pacific License #00889764 Listed on: 01/11/2019

Realty ONE Group Pacific

Last Buyer's Agent

Linda Cornish

RE/MAX Real Estate Services License #00939899

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,272

Year Built

  • Built in 1952

Lot Details

  • Partially Fenced Property
  • Manual Sprinklers System

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Buildings
  • 4 Units
  • beach

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 2060111600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,272

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Park Name: beach
  • Subdivision Name Other: Carlsbad West
  • Property Type: Residential Income
  • Parcel Number: 2060111600
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas, Floor Furnace

Lot Info

  • Lot Features: Sprinklers Manual

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Scheduled Income: 8435.00
  • Number Of Units Total: 4
  • Number With Range: 4
  • Number With Refrigerator: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2019
Closed on
Jul 24, 2019
Sold by
Bell Stephen
Bought by
Coffey William Patrick
Seller's Agent
Stuart Shinto
Realty ONE Group Pacific
Buyer's Agent
Linda Cornish
RE/MAX Real Estate Services
List Price
$3,000,000
Sold Price
$2,665,000
Premium/Discount to List
-$335,000
-11.17%
Total Days on Market
171
Current Estimated Value
$1,929,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$735,498
Avg. Annual Appreciation
-5.37%
Original Mortgage
$2,398,500
Outstanding Balance
$2,127,284
Interest Rate
3.8%
Mortgage Type
Seller Take Back
Estimated Equity
-$197,782

Purchase Details

Closed on
Jun 27, 2016
Sold by
Hoffman Alana R
Bought by
The Bell Family Trust

Purchase Details

Closed on
Feb 18, 2005
Sold by
Golden Edward F and Golden Joan L
Bought by
Hoffman 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
$150,000
Interest Rate
5.73%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 17, 2005
Sold by
Hoffman Margaret M
Bought by
Golden Edward F and Golden Joan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.73%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 8, 1997
Sold by
Golden Joan L
Bought by
Golden Edward F and Golden Joan L

Purchase Details

Closed on
Feb 6, 1997
Sold by
Trust Hoffman Bernard A & Margaret M 1988 and Hoffman Margaret M
Bought by
Hoffman Margaret M

Purchase Details

Closed on
Jun 30, 1988
Source: Public Records

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    Section Image

Range of Values:

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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
Coffey William Patrick $2,665,000 Ticor Title Company Of Ca
The Bell Family Trust $1,125,000 North American Title Co Inc
Hoffman Margaret M -- United Title Company
Golden Edward F -- United Title Company
Golden Edward F -- --
Hoffman Margaret M -- --
-- $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coffey William Patrick $930,300
Open Coffey William Patrick $2,398,500
Previous Owner Golden Edward F $150,000
Previous Owner Hoffman Margaret M $137,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2019 08/01/19 Sold $2,665,000 -11.2% $1,977 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $3,000,000 -- $2,226 / 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
2024 $15,272 $1,428,705 $1,297,630 $131,075
2023 $15,195 $1,400,692 $1,272,187 $128,505
2022 $14,961 $1,373,229 $1,247,243 $125,986
2021 $14,849 $1,346,304 $1,222,788 $123,516
2020 $14,749 $1,332,500 $1,210,250 $122,250
2019 $12,985 $1,170,450 $1,118,430 $52,020
2018 $12,436 $1,147,500 $1,096,500 $51,000
2017 $12,231 $1,125,000 $1,075,000 $50,000
2016 $3,419 $315,277 $193,373 $121,904
2015 $3,406 $310,542 $190,469 $120,073
2014 $3,351 $304,459 $186,738 $117,721
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 190002338

California Regional Multiple Listing Service (CRMLS)

APN: 206-011-17