NOT LISTED FOR SALE

Estimated Value: $3,010,000 - $3,625,904

5 Beds
4 Baths
3,040 Sq Ft
$1,074/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $2,465,000 $811 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $19,373/month

13 Days on Market

Highlights

  • Ocean Front
  • Laundry Facilities
  • West of 5 Freeway
  • Cardiff Elementary Rated A
  • Partially Fenced Property

About This Home

As of July 2021

Panoramic Ocean Views! Located in the highly desired "Walking District" in Cardiff, West of the I-5 freeway, this 2 unit DUPLEX totals 5 bedrooms plus optional room/ office and 4 bathrooms. This 2 story, side by side duplex has only one shared wall and captures white water ocean views all the way up and down the coast. Shared laundry and room for 4 cars to park off the alley in the back. Front yard features room for BBQ and garden while enjoying the ocean breeze. Both units have own large decks facing West off the primary largest bedroom.

Last Agent to Sell the Property

Linze Cole

CityMark Realty License #01933419 Listed on: 05/27/2021

Last Buyer's Agent

JAVIER GONZALEZ JAVIER GONZALEZ

Prudential California Realty License #01264225

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,844

Year Built

  • Built in 1988

Lot Details

  • 4,669 Sq Ft Lot
  • Ocean Front
  • Partially Fenced Property

Parking

  • Alley Access

Interior Spaces

  • 2-Story Property
  • Ocean Views

Location

  • West of 5 Freeway

Schools

  • Cardiff School District Elementary School

Community Details

  • 2 Units
  • Laundry Facilities
  • Net Operating Income $46,400

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 260-363-06-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,844

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Cross Street: Birmingham
  • Neighborhood: Walking District
  • Stories: 2 Story
  • Sale Price List Price: 1.1
  • Total Stories: 2
  • Year Built: 1988
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Frontage: Ocean/Bluff
  • View: Ocean, Panoramic Ocean

Condo/Co-op/Association

  • Community: CARDIFF BY THE SEA
  • Complex Features: Laundry Facilities

Schools

  • Elementary School: Cardiff School District
  • Elementary School Website: http://www.cardiffschools.com/

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, West of I-5
  • Assessor Parcel Number: 260-363-06-00
  • Estimated Lot Sq Ft: 4669

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 46400
  • Annual Expense Actual: 10000
  • Gross Rent Multiplier Actual: 39.0
  • Gross Sched Income Actual: 56400
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Jul 2, 2021
Sold by
Hodges Thomas F and E Hodges Family Trust
Bought by
Eldredge Guy and Eldredge Katy F
Seller's Agent
Linze Cole
CityMark Realty
Buyer's Agent
JAVIER GONZALEZ JAVIER GONZALEZ
Prudential California Realty
List Price
$2,250,000
Sold Price
$2,465,000
Premium/Discount to List
$215,000
9.56%
Current Estimated Value
$3,114,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$649,285
Avg. Annual Appreciation
5.28%
Original Mortgage
$1,050,000
Outstanding Balance
$957,673
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$2,080,174

Purchase Details

Listed on
May 27, 2021
Closed on
Jun 17, 2021
Sold by
Mccarroll Peggy J and Schmidt Family Trust
Bought by
Hodges Gayle E and Hodges Family Trust
Seller's Agent
Linze Cole
CityMark Realty
Buyer's Agent
JAVIER GONZALEZ JAVIER GONZALEZ
Prudential California Realty
List Price
$2,250,000
Sold Price
$2,465,000
Premium/Discount to List
$215,000
9.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Outstanding Balance
$957,673
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$2,080,174

Purchase Details

Closed on
Oct 21, 2008
Sold by
Hodges Gayle E and Mccarroll Peggy J
Bought by
Hodges Gayle E
Source: Public Records

Range of Values:

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Average Value
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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
Eldredge Guy $2,465,000 Chicago Title Company
Hodges Gayle E -- Chicago Title Company Sd
Hodges Gayle E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eldredge Guy $1,050,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $2,465,000 +9.6% $811 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $2,250,000 -- $740 / Sq Ft
Source: San Diego MLS

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 $28,844 $2,615,876 $2,228,536 $387,340
2024 $28,844 $2,564,586 $2,184,840 $379,746
2023 $28,266 $2,514,300 $2,142,000 $372,300
2022 $27,759 $2,465,000 $2,100,000 $365,000
2021 $5,018 $370,974 $173,125 $197,849
2020 $5,125 $367,171 $171,350 $195,821
2019 $5,045 $359,973 $167,991 $191,982
2018 $4,977 $352,916 $164,698 $188,218
2017 $4,918 $345,997 $161,469 $184,528
2016 $4,773 $339,213 $158,303 $180,910
2015 $4,637 $334,119 $155,926 $178,193
2014 $4,597 $327,575 $152,872 $174,703
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210014357

San Diego MLS

APN: 260-363-06