NOT LISTED FOR SALE

2040 Ocean Front Del Mar, CA 92014

Estimated Value: $6,900,000 - $14,320,242

4 Beds
3.5 Baths
3,263 Sq Ft
$3,252/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $13,100,000 $4,015 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $67,088/month

287 Days on Market

Highlights

  • Ocean Front
  • Rooftop Deck
  • Wood Flooring
  • Del Mar Heights School Rated A+
  • Retreat
  • 5-minute walk to Del Mar Basketball Court

About This Home

As of July 2021

First time on market! On the sand in the coveted Beach Colony of Del Mar, this spacious ocean front residence, with direct access to the sandy beach, offers an open concept floor plan showcasing water views from all main living areas and an inviting southwest facing patio. Sizable ocean front master suite, with private sun deck, includes office space, two closets and double vanities. Thoughtfully designed to capture ocean views from the secondary bedrooms. Enhanced privacy away from public beach access. 3 bedroom 2.5 Bath main house with an attached 2-car garage. Property also includes the parcel across the alley with a detached 2-car garage currently configured as a 1BR/1BA guest suite with rooftop deck. Guest suite is NOT included in 3,263 square feet. Lot Size: 5,161 square feet is BOTH parcels combined. Best location on the beach!

Last Agent to Sell the Property

Shawn Rodger

Pacific Sotheby's Int'l Realty License #01276557 Listed on: 09/17/2020

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Ryan McGovern

Barry Estates License #01810974

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $127,359

Year Built

  • Built in 1983

Lot Details

  • 5,161 Sq Ft Lot
  • Ocean Front
  • Property fronts an alley
  • Partially Fenced Property
  • Level Lot
  • 299-136-16-00

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Parking Available

Property Views

  • Ocean
  • Coastline
  • Panoramic

Home Design

  • Wood Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,263 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Separate Family Room
  • Living Room
  • Den
  • Utility Room

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Rooftop Deck
  • Patio
  • Terrace
  • Fire Pit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2991360400

Home Details

Home Type

Single Family

Est. Annual Taxes

$127,359

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Paved
  • Subdivision Name Other: DEL MAR
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2991360400
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3263.00 Square Feet
  • Stories: 2
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Fire Pit
  • Levels: Two
  • Price Per Square Foot: 4290.53
  • Room Type: Den, Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Retreat, Separate Family Room, Utility Room

Exterior Features

  • Patio: Yes
  • View: Coastline, Ocean, Panoramic
  • Fence: Yes
  • Fencing: Partial
  • Patio And Porch Features: Patio, Roof Top, Terrace
  • Pool Private: No
  • Roof: Composition, Wood
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Electric Dryer Hookup, Individual Room, Gas Dryer Hookup

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 299-136-16-00
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 5161.00
  • Lot Size Acres: 0.1185

Multi Family

  • Lot Size Area: 5161.0000 Square Feet
  • Waterfront Features: Ocean Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Jul 1, 2021
Sold by
Bear Christopher Joseph and E Joan Bear Irrevocable Life I
Bought by
Martin David George and Gannon Jane Frances
Seller's Agent
Shawn Rodger
Pacific Sotheby's Int'l Realty
Buyer's Agent
Ryan McGovern
Barry Estates
List Price
$14,000,000
Sold Price
$13,100,000
Premium/Discount to List
-$900,000
-6.43%
Current Estimated Value
$10,610,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,489,879
Avg. Annual Appreciation
-4.87%
Original Mortgage
$7,860,000
Outstanding Balance
$7,279,992
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$3,330,129

Purchase Details

Closed on
Mar 22, 2017
Sold by
Bear Christopher Joseph
Bought by
Bear Christopher Joseph

Purchase Details

Closed on
Sep 2, 2008
Sold by
Bear Elizabeth Joan and Bear Christopher Joseph
Bought by
Bear Elizabeth Joan and Bear Christopher Joseph

Purchase Details

Closed on
May 5, 2003
Sold by
Bear Elizabeth Joan
Bought by
Bear Elizabeth Joan

Purchase Details

Closed on
Dec 8, 1998
Sold by
Bear Family Trust 09-30-86
Bought by
Bear Ben L and Bear Elizabeth Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
6.25%
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
Martin David George $13,100,000 Chicago Title Company
Bear Christopher Joseph $7,200,000 None Available
Bear Elizabeth Joan -- None Available
Bear Elizabeth Joan -- None Available
Bear Elizabeth Joan -- None Available
Bear Elizabeth Joan -- New Century Title Company
Bear Ben L -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin David George $7,860,000
Previous Owner Bear Ben L $665,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2021 07/20/21 Sold $13,100,000 -6.1% $4,015 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
03/01/2021 03/01/21 Price Changed $13,950,000 -0.4% $4,275 / Sq Ft
09/17/2020 09/17/20 For Sale $14,000,000 -- $4,291 / 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 $127,359 $12,203,892 $11,673,288 $530,604
2024 $127,359 $11,964,600 $11,444,400 $520,200
2023 $124,560 $11,730,000 $11,220,000 $510,000
2022 $122,572 $626,703 $303,928 $322,775
2021 $6,638 $626,703 $303,928 $322,775
2020 $6,696 $620,278 $300,812 $319,466
2019 $6,565 $608,116 $294,914 $313,202
2018 $11,562 $596,193 $289,132 $307,061
2017 $110 $584,504 $283,463 $301,041
2016 $11,801 $573,044 $277,905 $295,139
2015 $11,936 $564,437 $273,731 $290,706
2014 $11,740 $553,381 $268,369 $285,012
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200045528

California Regional Multiple Listing Service (CRMLS)

APN: 299-136-04