NOT LISTED FOR SALE

Estimated Value: $2,783,000 - $3,682,995

5 Beds
3 Baths
2,100 Sq Ft
$1,588/Sq Ft Est. Value

Last Sold July 27, 2012

Last sale price $1,100,000 $524 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $19,880/month

101 Days on Market

About This Home

As of July 2012

This home is located at 1902 Glasgow Ave, Cardiff By the Sea, CA 92007 since 18 March 2012 and is currently estimated at $3,333,998, approximately $1,587 per square foot. This property was built in 1953. 1902 Glasgow Ave is a home located in San Diego County with nearby schools including Cardiff Elementary, Ada W. Harris Elementary, and Oak Crest Middle School.

Last Agent to Sell the Property

Susan Stamp

Cal State Realty Services License #01219088 Listed on: 03/18/2012

Cal State Realty Services

Last Buyer's Agent

Gary Martin

Gary Martin, Broker License #00962104

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,982

Year Built

  • Built in 1953

Lot Details

  • 6,098 Sq Ft Lot
  • Sprinkler System

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • Operating Expense $12,000

Listing and Financial Details

  • Assessor Parcel Number 2603131100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,982

Year Built

Built in 1953

Lot Details

0

Listing Details

  • CapRate: 4.00
  • Subdivision Name Other: CARDIFF BY THE SEA
  • Property Type: Residential Income
  • Parcel Number: 2603131100
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Appliances: Yes
  • Levels: Two

Exterior Features

  • Roof: Composition

Utilities

  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 6098.40
  • Lot Size Acres: 0.1400

Multi Family

  • Gross Multiplier: 23.19
  • Gross Scheduled Income: 56000.00
  • Lot Size Area: 0.1400 Acres
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Total Expenses: 12000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2017
Sold by
Johnson David Michael and Johnson Patricia Ann
Bought by
Nash At Glasgow Llc
Current Estimated Value
$3,333,998

Purchase Details

Listed on
Mar 18, 2012
Closed on
Jun 7, 2012
Sold by
Sandel Merlin W
Bought by
Johnson David Michael and Johnson Patricia Ann
Seller's Agent
Susan Stamp
Cal State Realty Services
Buyer's Agent
Gary Martin
Gary Martin, Broker
List Price
$1,299,000
Sold Price
$1,100,000
Premium/Discount to List
-$199,000
-15.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%
Original Mortgage
$500,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2012
Closed on
Jun 6, 2012
Sold by
Sandel Gloria John and Sandel Merlin W
Bought by
Sandel Merlin W
Seller's Agent
Susan Stamp
Cal State Realty Services
Buyer's Agent
Gary Martin
Gary Martin, Broker
List Price
$1,299,000
Sold Price
$1,100,000
Premium/Discount to List
-$199,000
-15.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2008
Sold by
Koeleman Charles and Koeleman Kristin
Bought by
Sandel Merlin W and Sandel Gloria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$744,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
May 25, 2006
Sold by
Koeleman Charles and Koeleman Kristin
Bought by
Koeleman Charles and Koeleman Kristin

Purchase Details

Closed on
May 2, 2006
Sold by
Koeleman Charles and Koeleman Kristin
Bought by
Koeleman Charles and Koeleman Kristin

Purchase Details

Closed on
Oct 27, 2005
Sold by
Koeleman Charles and Koeleman Kristin
Bought by
Koeleman Charles and Koeleman Kristin

Purchase Details

Closed on
Jul 16, 2003
Sold by
Tarr William W
Bought by
Koeleman Charles and Koeleman Kristin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.75%
Mortgage Type
Unknown
Source: Public Records

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
Johnson David Michael -- None Available
Nash At Glasgow Llc -- None Available
Johnson David Michael $1,100,000 First American Title
Sandel Merlin W -- First American Title
Sandel Merlin W $930,000 California Title Company
Koeleman Charles -- None Available
Koeleman Charles -- None Available
Koeleman Charles -- --
Koeleman Charles $650,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson David Michael $500,000
Previous Owner Sandel Merlin W $744,000
Previous Owner Koeleman Charles $630,000
Previous Owner Koeleman Charles $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2012 07/27/12 Sold $1,100,000 -15.3% $524 / Sq Ft
06/27/2012 06/27/12 Pending -- -- --
03/18/2012 03/18/12 For Sale $1,299,000 -- $619 / 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 $20,982 $1,871,447 $1,167,647 $703,800
2024 $20,982 $1,834,752 $1,144,752 $690,000
2023 $15,647 $1,346,053 $1,122,306 $223,747
2022 $15,718 $1,287,666 $1,100,300 $187,366
2021 $14,743 $1,262,419 $1,078,726 $183,693
2020 $14,779 $1,249,475 $1,067,665 $181,810
2019 $14,509 $1,224,977 $1,046,731 $178,246
2018 $14,278 $1,200,958 $1,026,207 $174,751
2017 $14,044 $1,167,141 $997,376 $169,765
2016 $13,407 $1,144,257 $977,820 $166,437
2015 $13,250 $1,127,070 $963,133 $163,937
2014 $13,062 $1,104,993 $944,267 $160,726
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 120014524

California Regional Multiple Listing Service (CRMLS)

APN: 260-313-11