NOT LISTED FOR SALE

Estimated Value: $1,125,000 - $1,255,000

0.17 Acre
$6,984,694 Price per Acre
7,405 Sq Ft Lot

Last Sold February 12, 2018

Last sale price $225,000 $119 Per Sq Ft

Est. 428% increase in value since last sale

Current estimated payment $6,947/month

112 Days on Market

About This Lot

As of February 2018

Amazing opportunity to build brand new home on view lot in great neighborhood of Oceanside. Both 1897 & 1909 Arroyo are for sale. Plans have been approved by the city and already paid for ($52k). Owner has paid for all 17 building inspections in full. 1909 Arroyo is a 3 bed/3.5 bath, 2 balconies, approx 2500 sqft. 1897 Arroyo is 3 bed/2.5 bath, 2100 sqft. Very convenient to shopping, restaurants, park, school & entertainment. Please email to see floor plans. Plot map in attached docs. See Supp All Fees are paid for all upcoming 17 inspection to Build. Architect plans, soil, engineering, fire, sprinkler system, water and sewer paid and you must confirm with the city of Oceanside! Recently, new 2016 built home next door sold for $600k. NO HOA! Swing by in the evening to see what your sunset will look like! Neighborhoods: Oceanside Other Fees: 0

Last Agent to Sell the Property

Alan Shafran

SRG License #00969660 Listed on: 09/22/2017

SRG

Last Buyer's Agent

Hope Love

Bookmark Realty License #01977027

Property Details

Property Type

  • Land

Lot Details

  • 7,405 Sq Ft Lot
  • The property's topography is level

Listing and Financial Details

  • Assessor Parcel Number 1624002400

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Subdivision Name Other: Oceanside
  • Property Type: Land
  • Parcel Number: 1624002400
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Topography: Level
  • Lot Size Acres: 0.1700

Multi Family

  • Lot Size Area: 0.1700 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2018
Sold by
Elite Home Construction
Bought by
Krapes Michael Brian
Current Estimated Value
$1,187,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$587,200
Outstanding Balance
$515,269
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$672,129

Purchase Details

Listed on
Sep 22, 2017
Closed on
Jan 25, 2018
Sold by
Haddad Simon S
Bought by
Haddad Simon S
Seller's Agent
Alan Shafran
SRG
Buyer's Agent
Hope Love
Bookmark Realty
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.54%

Purchase Details

Listed on
Sep 22, 2017
Closed on
Jan 18, 2018
Sold by
Haddad Simon S
Bought by
Elite Home Construction
Seller's Agent
Alan Shafran
SRG
Buyer's Agent
Hope Love
Bookmark Realty
List Price
$225,000
Sold Price
$225,000

Purchase Details

Listed on
Jan 17, 2014
Closed on
Mar 27, 2014
Sold by
Haddad Nabila
Bought by
Haddad Simon S
Seller's Agent
Michael Williams
Basic Brokerage Solutions, Inc
Buyer's Agent
Michael Williams
Basic Brokerage Solutions, Inc
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.64%

Purchase Details

Listed on
Jan 17, 2014
Closed on
Mar 17, 2014
Sold by
Wells Fargo Bank Na
Bought by
Haddad Simon S
Seller's Agent
Michael Williams
Basic Brokerage Solutions, Inc
Buyer's Agent
Michael Williams
Basic Brokerage Solutions, Inc
List Price
$105,000
Sold Price
$105,000

Purchase Details

Closed on
Jan 9, 2014
Sold by
Duran Ricardo
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 6, 2001
Sold by
Duran Maria L
Bought by
Duran Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.75%

Purchase Details

Closed on
Nov 14, 2001
Sold by
Withers Richard A
Bought by
Duran Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.75%

Purchase Details

Closed on
Sep 24, 1998
Sold by
Werntz Cheri L and Owen Cheri
Bought by
Withers Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.88%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 19, 1997
Sold by
Baker Cheri and Baker Cheri
Bought by
Owen Cheri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8.62%

Purchase Details

Closed on
Jun 25, 1986
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
Krapes Michael Brian $734,000 Corinthian Title Company Inc
Haddad Simon S -- Chicago Title Company
Elite Home Construction $225,000 Chicago Title Company
Haddad Simon S -- Servicelink
Haddad Simon S $104,000 Servicelink
Wells Fargo Bank Na $85,618 None Available
Duran Ricardo -- First American Title
Duran Ricardo $275,000 First American Title
Withers Richard A $185,000 Southland Title
Owen Cheri -- Fidelity National Title
-- $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krapes Michael Brian $587,200
Previous Owner Duran Ricardo $220,000
Previous Owner Withers Richard A $148,000
Previous Owner Owen Cheri $135,000
Closed Withers Richard A $37,000
Closed Duran Ricardo $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/12/2018 02/12/18 Sold $225,000 0.0% $119 / Sq Ft
01/12/2018 01/12/18 Pending -- -- --
09/22/2017 09/22/17 For Sale $225,000 +114.3% $119 / Sq Ft
03/24/2014 03/24/14 Sold $105,000 0.0% $55 / Sq Ft View Prior Sale
02/10/2014 02/10/14 Pending -- -- --
01/17/2014 01/17/14 For Sale $105,000 -- $55 / 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 $8,695 $818,785 $348,039 $470,746
2024 $8,695 $802,731 $341,215 $461,516
2023 $8,485 $786,992 $334,525 $452,467
2022 $8,463 $771,562 $327,966 $443,596
2021 $8,272 $756,435 $321,536 $434,899
2020 $8,243 $748,680 $318,240 $430,440
2019 $8,120 $734,000 $312,000 $422,000
2018 $1,255 $112,686 $112,686 $0
2017 $1,232 $110,477 $110,477 $0
2016 $1,192 $108,311 $108,311 $0
2015 $1,199 $106,685 $106,685 $0
2014 $36 $500 $500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 170049738

California Regional Multiple Listing Service (CRMLS)

APN: 162-400-24