NOT LISTED FOR SALE
7 Beds
8 Baths
4,350 Sq Ft
8,424 Sq Ft Lot

Sale Details

Date Sold: October 12, 2020

Last sale price $3,050,000 $701 Per Sq Ft

183 Days on Market

Highlights

  • Fireplace
  • Forced Air Heating and Cooling System
  • Partially Fenced Property
  • Carlsbad High School Rated A

About This Home

As of October 2020

This amazing property includes 3 units that each have an attached 2 car garage! Directly across from the Carlsbad Beach with ocean views. Excellent vacation rental, family compound, or condo conversion opportunity!! Only 1 block away from Village with great restaurants, shopping and transportation. Each unit contains central AC & heating, ceiling fans, fireplaces and private balconies. see supp [Supplement]: The main unit boasts 3 beds/3baths - 1850sqft. The additional 2 units contain 2 bedrooms and kitchens. Don't pass up this opportunity!

Last Agent to Sell the Property

Patrick Marelly

Compass License #01054284 Listed on: 02/25/2020

Compass

Co-Listed By

John Beran

Genesis Investment Group License #00799377

Last Buyer's Agent

Chad Gong

Keller Williams Realty License #02029191

Keller Williams Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2005

Lot Details

  • 8,424 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 8 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2032501100

Community Details

Overview

  • 3 Units
  • Carlsbad

Building Details

  • Operating Expense $19,515

Property Details

Home Type

Multi-Family

Year Built

Built in 2005

Lot Details

8,424 Sq Ft Lot

Listing Details

  • CapRate: 18.80
  • Park Name: Carlsbad
  • Property Attached: No
  • Subdivision Name Other: Carlsbad West
  • Zoning: R-3:RESTRI
  • Property Type: Residential Income
  • Parcel Number: 2032501100
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Levels: Two

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Roof: Tile
  • Construction Materials: Stucco

Utilities

  • Heating: Yes
  • Heating Type: Fireplace(s), Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 8424.00
  • Lot Size Acres: 0.1900

Multi Family

  • Gross Multiplier: 3.80
  • Gross Scheduled Income: 176323.00
  • Lot Size Area: 8424.0000 Square Feet
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Total Expenses: 19515.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2020
Closed on
Oct 5, 2020
Sold by
Ayoub David C
Bought by
Seller's Agent
Patrick Marelly
Compass
Buyer's Agent
Chad Gong
Keller Williams Realty
List Price
$3,249,000
Sold Price
$3,050,000
Premium/Discount to List
-$199,000
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$895,000
Outstanding Balance
$777,843
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2009
Sold by
Ayoub Salim A
Bought by
Ayoub Salim A and Ssa 1988 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 17, 2005
Sold by
Ayoub Salim A
Bought by
Ayoub Salim A and Ssa 1988 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 7, 2003
Sold by
Ayoub Salim
Bought by
Ayoub Salim and Ssa 1988 Trust

Purchase Details

Closed on
Sep 20, 1991
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,050,000 Ticor Title San Diego Branch
Ayoub Salim A -- None Available
Ayoub Salim A -- New Century Title Company
Ayoub Salim -- Old Republic Title Company
-- $250,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $895,000
Previous Owner Ayoub Salim A $50,000
Previous Owner Ayoub Salim A $50,000
Previous Owner Ayoub Salim A $975,000
Previous Owner Ayoub Salim A $250,000
Previous Owner Ayoub Salim $530,000
Previous Owner Ayoub Salim $175,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/12/2020 10/12/20 Sold $3,050,000 -6.1% $701 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $3,249,000 -- $747 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $12,390 $995,991 $300,897 $702,094
2025 $12,119 $976,327 $294,998 $688,329
2024 $12,119 $957,050 $289,215 $674,835
2023 $11,932 $945,154 $283,546 $661,608
2022 $11,709 $919,624 $277,987 $648,637
2021 $11,412 $901,460 $272,538 $635,922
2020 $11,153 $899,151 $269,745 $629,406
2019 $11,362 $881,524 $264,457 $617,067
2018 $11,041 $864,244 $259,273 $604,971
2017 $10,752 $847,303 $254,191 $593,112
2016 $10,231 $830,694 $249,208 $581,486
2015 $9,562 $818,221 $245,466 $572,755
2014 $9,462 $802,197 $240,659 $561,538
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200009292

California Regional Multiple Listing Service (CRMLS)
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