NOT LISTED FOR SALE

Estimated Value: $2,009,000 - $2,116,000

3 Beds
3 Baths
2,849 Sq Ft
$729/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $1,170,000 $411 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $12,150/month

13 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Tile Flooring
  • Traditional Architecture
  • Laundry Room
  • Central Heating

About This Home

As of July 2019

Attention developers and owner builders!! A rare and compelling opportunity in the Channel Islands Harbor! Located on a quiet, cul-de-sac street in Mandalay Bay with western exposure for picturesque sunsets. This waterfront home needs TLC but boasts peaceful harbor views, soaring vaulted ceilings, and a 35 ft private dock with a 40 ft easement perfect for launching your yacht, kayak, or paddleboard. Perfectly suited for indoor/outdoor living, the property boasts a massive outdoor sun deck and an additional private balcony located off of the master suite. The first floor features a dining room, spacious living room, family room, bedroom, and bathroom. Upstairs, there are an additional two beds and baths. The property also has a laundry room, utility room, and a 2-car garage. Situated within walking distance from parks, restaurants, and markets and within a short drive to beaches and renowned surfing. Make this home your harbor paradise! Hurry! This opportunity will not last long.

Last Agent to Sell the Property

Tony Mark

Compass License #01205648 Listed on: 05/28/2019

Compass

Co-Listed By

Russell Grether

Compass License #01836632

Last Buyer's Agent

Troy Palmquist

The Address, Inc. License #01772138

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 4,244 Sq Ft Lot
  • Property is zoned RW1

Property Views

  • Ocean
  • Marina
  • Harbor

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,849 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Utility Room

Kitchen

  • Oven or Range
  • Portable Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • 2 Car Garage
  • Driveway

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 188-0-043-025

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 2849
  • Lot Acreage: 0.0970
  • Stories: 2
  • Year Built: 1980
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Tile
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Portable Dishwasher, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 419.45

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Harbor, Marina, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 188-0-043-025
  • Geocode Override: No
  • Lot Size Area: 4244

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2024
Sold by
Morin Paul E and Morin Monica R
Bought by
Morin Family Trust and Morin
Current Estimated Value
$2,078,141

Purchase Details

Closed on
Jul 22, 2020
Sold by
Morin Paul E
Bought by
Morin Paul E and Arduini Monica R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$713,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 28, 2019
Closed on
Jul 24, 2019
Sold by
Kosmo David Walter and Frederick W Kosmo Living Trust
Bought by
Morin Paul E
Seller's Agent
Tony Mark
Compass
Buyer's Agent
Troy Palmquist
The Address, Inc.
List Price
$1,195,000
Sold Price
$1,170,000
Premium/Discount to List
-$25,000
-2.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%
Original Mortgage
$936,000
Interest Rate
4.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 28, 2019
Closed on
Jul 8, 2019
Sold by
Arduini Monica R
Bought by
Morin Paul E
Seller's Agent
Tony Mark
Compass
Buyer's Agent
Troy Palmquist
The Address, Inc.
List Price
$1,195,000
Sold Price
$1,170,000
Premium/Discount to List
-$25,000
-2.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$936,000
Interest Rate
4.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 7, 2019
Sold by
Kosmo Frederick W
Bought by
Kosmo Frederick W and Kosmo David Walter
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
Morin Family Trust -- None Listed On Document
Morin Paul E -- Mortgage Information Svcs In
Morin Paul E $1,170,000 First American Title Company
Morin Paul E -- First American Title Company
Kosmo Frederick W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morin Paul E $713,000
Previous Owner Morin Paul E $936,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2019 07/31/19 Sold $1,170,000 -2.1% $411 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
05/28/2019 05/28/19 For Sale $1,195,000 -- $419 / Sq Ft
Source: The MLS

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 $16,055 $1,279,564 $960,222 $319,342
2024 $16,055 $1,254,475 $941,394 $313,081
2023 $15,490 $1,229,878 $922,935 $306,943
2022 $15,041 $1,205,763 $904,838 $300,925
2021 $15,009 $1,182,121 $887,096 $295,025
2020 $15,277 $1,170,000 $878,000 $292,000
2019 $9,050 $675,524 $327,746 $347,778
2018 $8,846 $662,279 $321,320 $340,959
2017 $8,427 $649,294 $315,020 $334,274
2016 $8,154 $636,564 $308,844 $327,720
2015 $8,232 $627,004 $304,205 $322,799
2014 $8,147 $614,724 $298,247 $316,477
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-470244

The MLS

APN: 188-0-043-025