NOT LISTED FOR SALE

Estimated Value: $1,582,000 - $1,687,000

3 Beds
2 Baths
1,098 Sq Ft
$1,506/Sq Ft Est. Value

Last Sold July 06, 2022

Last sale price $1,300,000 $1,184 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $10,073/month

3 Days on Market

Highlights

  • Wood Flooring
  • Front Porch
  • Shed
  • Sessions Elementary School Rated A-
  • Laundry Room
  • Gated Home

About This Home

As of July 2022

First time ever on the market in over 70 years! Rare investor opportunity with endless potential for developers. An original Pacific Beach 1950's residence on a full-sized lot with alley access and basement. Located on a quiet residential street with close proximity to Kate Sessions park, Mission Bay, La Jolla and easy access to nearby 5 Freeway. Do not miss this unique opportunity awaiting its next transformation into an incredible beach house.

Last Agent to Sell the Property

Joel Blumenfeld

Compass License #01889382 Listed on: 06/19/2022

Compass

Co-Listed By

Matt Greene

Compass License #01906910

Last Buyer's Agent

Joel Blumenfeld

Compass License #01889382 Listed on: 06/19/2022

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,275

Year Built

  • Built in 1953

Lot Details

  • 6,300 Sq Ft Lot
  • Gated Home
  • Block Wall Fence
  • Level Lot
  • Property is zoned RS-1-7

Home Design

  • Major Repairs Completed
  • Fixer Upper
  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 1,098 Sq Ft Home
  • 1-Story Property
  • Basement
  • Crawl Space
  • Laundry Room

Kitchen

  • Oven or Range
  • Electric Cooktop

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Alley Access
  • Driveway
  • RV Potential

Outdoor Features

  • Shed
  • Front Porch

Location

  • West of 5 Freeway

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

  • Separate Water Meter
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 416-562-09-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,275

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Ranch
  • Residential Styles: Detached
  • Property Condition: Fixer, Repairs Major
  • Market Area: Coastal South
  • Cross Street: Olney St
  • Neighborhood: Pacific Beach
  • Estimated Living Space: 1,000 to 1,499 SqFt
  • LP / Sq Ft: 1091.99
  • Price Per Sq Ft: 1183.97
  • SP/ Sq Ft: 1183.97
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Wood
  • Sub Flooring: Wood over Crawlspace
  • Equipment Available: Range/Oven, Refrigerator, Electric Cooking
  • Searchable Rooms: Basement, Laundry
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 12x10
  • Full Bathrooms: 2
  • Laundry Location: Laundry Room, Inside
  • Estimated Sq Ft: 1098
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco, Wood
  • Fencing: Gate, Blockwall
  • Patio: Porch - Front
  • Roof: Composition

Garage/Parking

  • Parking for RV: Potential Space
  • Non Garage Parking: Driveway
  • Garage Spaces: 1
  • Parking Spaces Total: 1

Utilities

  • Laundry Utilities: Electric
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Electric
  • Utilities: Electricity Connected, Sewer Connected, Water Connected

Condo/Co-op/Association

  • Community: PACIFIC BEACH

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Curbs, Public Street, Rear Yd Str Access, Sidewalks, Street Paved, West of I-5
  • Other Structures: Shed
  • Topography: Level
  • Zoning: RS-1-7
  • Assessor Parcel Number: 416-562-09-00
  • Estimated Lot Sq Ft: 6300
  • Estimated Number of Acres: 0.15
  • Other Structures: Shed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2024
Sold by
Barbier Matthew and Barbier Cameron
Bought by
Barbier Living Trust and Barbier
Current Estimated Value
$1,653,152

Purchase Details

Listed on
Jun 19, 2022
Closed on
Jul 1, 2022
Sold by
Evergreen Moneysource Mortgage Company
Bought by
Barbier Matthew and Smith Cameron
Seller's Agent
Joel Blumenfeld
Compass
Buyer's Agent
Joel Blumenfeld
Compass
List Price
$1,199,000
Sold Price
$1,300,000
Premium/Discount to List
$101,000
8.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.70%
Original Mortgage
$642,250
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2022
Closed on
Jun 30, 2022
Sold by
Samuel And Eloise Franks 2013 Trust
Bought by
Evergreen Moneysource Mortgage Company
Seller's Agent
Joel Blumenfeld
Compass
Buyer's Agent
Joel Blumenfeld
Compass
List Price
$1,199,000
Sold Price
$1,300,000
Premium/Discount to List
$101,000
8.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$642,250
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2013
Sold by
Franks Samuel R and Franks Eloise Irene
Bought by
Franks Samuel Roy and Franks Eloise Irene

Purchase Details

Closed on
Feb 6, 2002
Sold by
Franks Eloise Irene and Heffner Lou Ann
Bought by
Franks Samuel R and Franks Eloise Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.65%

Purchase Details

Closed on
Jul 20, 1995
Sold by
Redenbaugh Orris K and Redenbaugh Mary J
Bought by
Redenbaugh Orris K and Redenbaugh Mary J
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
Barbier Living Trust -- None Listed On Document
Barbier Matthew -- None Listed On Document
Barbier Matthew $1,300,000 Stewart Title
Evergreen Moneysource Mortgage Company $1,300,000 Stewart Title
Franks Samuel Roy -- None Available
Franks Samuel R -- Chicago Title Co
Redenbaugh Orris K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barbier Matthew $642,250
Previous Owner Franks Samuel R $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2022 07/06/22 Sold $1,300,000 +8.4% $1,184 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
06/19/2022 06/19/22 For Sale $1,199,000 -- $1,092 / 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 $15,275 $1,352,520 $1,258,884 $93,636
2024 $15,275 $1,241,000 $1,155,000 $86,000
2023 $15,151 $1,234,000 $1,148,000 $86,000
2022 $5,569 $462,152 $392,609 $69,543
2021 $5,530 $453,091 $384,911 $68,180
2020 $5,462 $448,446 $380,965 $67,481
2019 $5,363 $439,654 $373,496 $66,158
2018 $5,013 $431,034 $366,173 $64,861
2017 $4,893 $422,584 $358,994 $63,590
2016 $4,812 $414,299 $351,955 $62,344
2015 $4,741 $408,077 $346,669 $61,408
2014 $4,665 $400,085 $339,879 $60,206
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220015560

San Diego MLS

APN: 416-562-09