NOT LISTED FOR SALE

1625 Lugano Ln Del Mar, CA 92014

Estimated Value: $5,306,000 - $7,222,978

4 Beds
5.5 Baths
6,177 Sq Ft
$983/Sq Ft Est. Value

Last Sold February 29, 2012

Last sale price $3,400,000 $550 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $35,770/month

357 Days on Market

Highlights

  • Wine Cellar
  • In Ground Pool
  • Retreat
  • Skyline Elementary School Rated A
  • Panoramic View
  • Wood Flooring

About This Home

As of February 2012

The lighter days of life are filled with joy in this NEW CUSTOM home! A True Southern California Dream Home on a storybook street, located on an amazing all usable VIEW lot. Dark distressed wide plank wood floors are complemented by light and clean white walls, vintage wood beamed ceilings, antique French fire mantels, authentic Moroccan tiles, custom carved wood doors throughout, secret gardens and magical outdoor entertaining venues. The home is sun kissed all day with ideal southwest sun exposure... [Supplement]: For the pool and spa. Outdoors also offer: glass fire pit, built in kitchen, beautiful verandas, rolling lawns with room for approved guest home, if desired etc. This home fits all lifestyles and offers something for everyone-rich office/library, game room/teen room, stunning master suite and beautiful bath and closets, Smart home ready and surround sound equipped all add to the relaxing mood.

Last Agent to Sell the Property

Laura Barry

Barry Estates License #01154111 Listed on: 02/07/2011

Last Buyer's Agent

Rande Turner

Ranch and Coast Real Estate, Inc. License #00857729

Ranch and Coast Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,553

Year Built

  • Built in 2009

Lot Details

  • 1.21 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Property is zoned R1

Parking

  • 3 Car Attached Garage
  • Attached Carport
  • Parking Available
  • Garage Door Opener

Property Views

  • Panoramic
  • Mountain
  • Valley

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 6,177 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Wine Cellar
  • Family Room
  • Library
  • Fire Sprinkler System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch
  • Fireplace in Patio
  • Fire Pit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2981901000

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,553

Year Built

Built in 2009

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Security: Fire Sprinkler System
  • Subdivision Name Other: DEL MAR
  • View: Yes
  • Zoning: R1
  • Architectural Style: Mediterranean, Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2981901000
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6177.00 Square Feet
  • Stories: 1
  • Flooring: Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook
  • Fireplace Features: Fire Pit, Patio
  • Levels: One
  • Price Per Square Foot: 550.43
  • Room Type: Family Room, Library, Main Floor Bedroom, Main Floor Master Bedroom, Retreat, Wine Cellar
  • Spa Features: Private

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Panoramic, Valley
  • Fence: Yes
  • Fencing: Partial
  • Patio And Porch Features: Covered, Stone
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Attached Carport, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Individual Room
  • Sewer: Other
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 52707.60
  • Lot Size Acres: 1.2100

Multi Family

  • Lot Size Area: 1.2100 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2011
Closed on
Feb 8, 2012
Sold by
Chandler Christopher and Chandler Diane
Bought by
Watson Raleigh and Watson Deidre
Seller's Agent
Laura Barry
Barry Estates
Buyer's Agent
Rande Turner
Ranch and Coast Real Estate, Inc.
List Price
$4,495,000
Sold Price
$3,400,000
Premium/Discount to List
-$1,095,000
-24.36%
Current Estimated Value
$6,070,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,670,245
Avg. Annual Appreciation
5.18%
Original Mortgage
$1,313,622
Outstanding Balance
$907,761
Interest Rate
3.92%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$5,838,288

Purchase Details

Closed on
Jun 12, 2006
Sold by
Grabell Peter S and Grabell Gayle B
Bought by
Chandler Christopher and Chandler Diane

Purchase Details

Closed on
Dec 2, 2005
Sold by
Ravazzolo George J
Bought by
Grabell Peter S and Grabell Gayle B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,925,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Watson Raleigh $3,400,000 Advantage Title
Chandler Christopher $2,887,500 First American Title Co
Grabell Peter S -- California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Raleigh $1,313,622
Previous Owner Grabell Peter S $1,925,000
Previous Owner Ravazzolo George J $250,000
Previous Owner Ravazzolo George J $100,000
Previous Owner Ravazzolo George J $39,500
Previous Owner Ravazzolo George J $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2012 02/29/12 Sold $3,400,000 -24.4% $550 / Sq Ft
01/30/2012 01/30/12 Pending -- -- --
02/07/2011 02/07/11 For Sale $4,495,000 -- $728 / 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 $44,553 $4,270,584 $2,512,110 $1,758,474
2024 $44,553 $4,186,848 $2,462,853 $1,723,995
2023 $43,586 $4,104,754 $2,414,562 $1,690,192
2022 $42,898 $4,024,269 $2,367,218 $1,657,051
2021 $42,143 $3,945,362 $2,320,802 $1,624,560
2020 $41,775 $3,904,909 $2,297,006 $1,607,903
2019 $40,968 $3,828,343 $2,251,967 $1,576,376
2018 $40,188 $3,753,278 $2,207,811 $1,545,467
2017 $39,506 $3,679,685 $2,164,521 $1,515,164
2016 $37,128 $3,607,535 $2,122,080 $1,485,455
2015 $36,628 $3,553,348 $2,090,205 $1,463,143
2014 $35,870 $3,483,744 $2,049,261 $1,434,483
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 110007920

California Regional Multiple Listing Service (CRMLS)

APN: 298-190-10