NOT LISTED FOR SALE

2016 Ocean Front Del Mar, CA 92014

Estimated Value: $5,049,000 - $18,590,552

3 Beds
5 Baths
2,377 Sq Ft
$4,212/Sq Ft Est. Value

Last Sold January 02, 2024

Last sale price $18,500,000 $7,783 Per Sq Ft

Est. 46% decrease in value since last sale

Current estimated payment $56,239/month

Highlights

  • Ocean View
  • Home Theater
  • Great Room
  • Del Mar Heights School Rated A+
  • Retreat
  • No HOA

About This Home

As of January 2024

This home is located at 2016 Ocean Front, Del Mar, CA 92014 since 09 January 2024 and is currently estimated at $10,011,517, approximately $4,211 per square foot. This property was built in 1960. 2016 Ocean Front is a home located in San Diego County with nearby schools including Del Mar Heights School, Del Mar Hills Elementary School, and Earl Warren Middle School.

Last Agent to Sell the Property

Jason Barry

Barry Estates License #01147550 Listed on: 01/09/2024

Last Buyer's Agent

Victor Kasik

RE/MAX Real Estate Services License #00666178

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,410

Year Built

  • Built in 1960

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces

Property Views

  • Ocean
  • Panoramic

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,377 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Great Room
  • Home Theater
  • Home Office
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Retreat

Outdoor Features

  • Fire Pit
  • Exterior Lighting

Utilities

  • No Heating

Listing and Financial Details

  • Tax Tract Number 1277
  • Assessor Parcel Number 2991360900

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,410

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2991360900
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2377.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 7782.92
  • Room Type: Great Room, Main Floor Bedroom, Media Room, Office, Retreat

Exterior Features

  • View: Ocean, Panoramic
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: In Closet
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Biking, Watersports

Schools

  • School District: Del Mar Union

Lot Info

  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 3920.40
  • Lot Size Acres: 0.0900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.0900 Acres
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: 001277

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2024
Closed on
Nov 15, 2023
Sold by
Sykes Family Trust
Bought by
Ocean Tres Llc
Seller's Agent
Jason Barry
Barry Estates
Buyer's Agent
Victor Kasik
RE/MAX Real Estate Services
List Price
$18,500,000
Sold Price
$18,500,000
Current Estimated Value
$10,011,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,488,483
Avg. Annual Appreciation
-29.31%

Purchase Details

Closed on
Jun 4, 2003
Sold by
Sykes W David
Bought by
Sykes W David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
2.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2001
Sold by
Sykes Lori
Bought by
Skyes W David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
6%

Purchase Details

Closed on
Nov 21, 2001
Sold by
Sykes W David
Bought by
Sykes W David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
6%

Purchase Details

Closed on
Jun 29, 1998
Sold by
Sykes W David
Bought by
Sykes W David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
7.17%

Purchase Details

Closed on
Aug 8, 1996
Sold by
Kreutzer Family Trust 01-23-92 and Karl J
Bought by
Sykes W David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,218,750
Interest Rate
8.12%

Purchase Details

Closed on
Dec 15, 1995
Sold by
Kreutzer J Karl and Kreutzer Luanne L
Bought by
Kreutzer J Karl and Kreutzer Luanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.12%

Purchase Details

Closed on
Nov 13, 1992

Purchase Details

Closed on
May 10, 1991

Purchase Details

Closed on
Sep 24, 1990
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
Ocean Tres Llc $18,500,000 First American Title
Sykes W David -- Chicago Title Co
Sykes W David -- Chicago Title Co
Sykes W David -- Chicago Title Co
Skyes W David -- New Century Title Company
Sykes W David -- New Century Title Company
Sykes W David -- Benefit Land Title Company
Sykes W David $1,625,000 First American Title
Kreutzer J Karl -- Commonwealth Land Title Co
Kreutzer J Karl -- Commonwealth Land Title Co
-- $1,525,000 --
-- $1,800,000 --
-- $1,355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sykes W David $3,000,000
Previous Owner Sykes W David $1,600,000
Previous Owner Sykes W David $1,250,000
Previous Owner Sykes W David $1,218,750
Previous Owner Kreutzer J Karl $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2024 01/09/24 For Sale $18,500,000 0.0% $7,783 / Sq Ft
01/02/2024 01/02/24 Sold $18,500,000 -- $7,783 / Sq Ft
11/02/2023 11/02/23 Pending -- -- --
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 $35,410 $18,870,000 $17,850,000 $1,020,000
2024 $35,410 $3,327,517 $2,874,195 $453,322
2023 $34,630 $3,262,273 $2,817,839 $444,434
2022 $34,074 $3,198,308 $2,762,588 $435,720
2021 $32,813 $3,135,597 $2,708,420 $427,177
2020 $33,105 $3,103,446 $2,680,649 $422,797
2019 $32,452 $3,042,595 $2,628,088 $414,507
2018 $35,932 $2,982,937 $2,576,557 $406,380
2017 $35,904 $2,924,449 $2,526,037 $398,412
2016 $34,934 $2,867,107 $2,476,507 $390,600
2015 $34,697 $2,824,041 $2,439,308 $384,733
2014 $34,024 $2,768,723 $2,391,526 $377,197
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2400218

California Regional Multiple Listing Service (CRMLS)

APN: 299-136-09