NOT LISTED FOR SALE

229 23rd St Del Mar, CA 92014

Estimated Value: $3,797,820 - $5,761,000

5 Beds
4 Baths
2,623 Sq Ft
$1,936/Sq Ft Est. Value

Last Sold October 09, 2012

Last sale price $1,450,000 $553 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $28,761/month

11 Days on Market

About This Home

As of October 2012

Beach Colony duplex just 700 feet from the Sand. Custom built duplex features 2 units each with private yards, garage and laundry. Wonderful indoor/outdoor floor plans offering the ultimate beach community lifestyle.

Last Agent to Sell the Property

Laurie Manley

Pacific Sotheby's Int'l Realty License #01849622 Listed on: 08/29/2012

Pacific Sotheby's Int'l Realty

Co-Listed By

Scott Warren

Pacific Sotheby's Int'l Realty License #00580262

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Ginny Shadle

R. E. Connection License #00869045

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 4,443

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • Uncovered Parking

Additional Features

  • 2-Story Property
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2990930400

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

4,443 Sq Ft Lot

Listing Details

  • Subdivision Name Other: DEL MAR
  • Property Type: Residential Income
  • Parcel Number: 2990930400
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Appliances: Yes
  • Levels: Two

Exterior Features

  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered

Utilities

  • Appliances: Gas Water Heater

Condo/Co-op/Association

  • Association #2 Fee: 110.00
  • Senior Community: No

Lot Info

  • Additional Parcels: No

Multi Family

  • Gross Multiplier: 23.00
  • Gross Scheduled Income: 69600.00
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2015
Sold by
Greenbaum Daniel R and Greenbaum Silvia Helena
Bought by
Moinhos De Vento Lp
Current Estimated Value
$5,077,955

Purchase Details

Closed on
Jun 24, 2013
Sold by
Gabhart Real Estate Opportunity Fund Ser
Bought by
Greenbaum Daniel R and Greenbaum Silvia Helena

Purchase Details

Listed on
Aug 29, 2012
Closed on
Sep 28, 2012
Sold by
North County Trojan Llc
Bought by
Gabhart Real Estate Opportunity Fund Ser
Seller's Agent
Laurie Manley
Pacific Sotheby's Int'l Realty
Buyer's Agent
Ginny Shadle
R. E. Connection
List Price
$1,629,000
Sold Price
$1,450,000
Premium/Discount to List
-$179,000
-10.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.84%
Original Mortgage
$1,330,000
Interest Rate
3.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 11, 2009
Sold by
Demangus Robert and Demangus Joanne
Bought by
North County Trojan Llc

Purchase Details

Closed on
Jun 20, 2007
Sold by
North County Trojan Llc
Bought by
Demangus Robert and Demangus Joanne

Purchase Details

Closed on
Apr 20, 2007
Sold by
Demangus Robert and Demangus Joanne
Bought by
North County Trojan Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$964,500
Interest Rate
6.15%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 23, 2005
Sold by
Demangus Robert G and Demangus Joanne P
Bought by
North County Trojan Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
5.74%
Mortgage Type
Unknown

Purchase Details

Closed on
May 10, 2005
Sold by
Alton Mary Demangus and Alton Mary D
Bought by
North County Trojan Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
5.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 20, 1997
Sold by
Demangus Robert G
Bought by
Demangus Robert G and Demangus Joanne P

Purchase Details

Closed on
Jun 19, 1995
Sold by
Demangus Robert X
Bought by
Alton Mary Demangus
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
Moinhos De Vento Lp -- None Available
Greenbaum Daniel R $2,300,000 Corinthian Title Company
Gabhart Real Estate Opportunity Fund Ser $1,450,000 Fidelity National Title
North County Trojan Llc -- None Available
Demangus Robert -- None Available
North County Trojan Llc -- Accommodation
Demangus Robert -- Stewart Title
Demangus Peter -- Stewart Title Of California
North County Trojan Llc -- Landamerica
North County Trojan Llc $950,000 Landamerica
Demangus Robert G -- --
Alton Mary Demangus -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gabhart Real Estate Opportunity Fund Ser $1,330,000
Previous Owner Demangus Peter $964,500
Previous Owner North County Trojan Llc $950,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2012 10/09/12 Sold $1,450,000 -11.0% $553 / Sq Ft
09/09/2012 09/09/12 Pending -- -- --
08/29/2012 08/29/12 For Sale $1,629,000 -- $621 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $32,163 $3,075,549 $2,611,317 $464,232
2024 $32,163 $3,015,245 $2,560,115 $455,130
2023 $31,455 $2,956,123 $2,509,917 $446,206
2022 $30,952 $2,898,160 $2,460,703 $437,457
2021 $29,808 $2,841,334 $2,412,454 $428,880
2020 $30,074 $2,812,201 $2,387,718 $424,483
2019 $29,482 $2,757,060 $2,340,900 $416,160
2018 $25,952 $2,489,198 $2,056,295 $432,903
2017 $25,462 $2,440,391 $2,015,976 $424,415
2016 $24,628 $2,392,542 $1,976,448 $416,094
2015 $24,258 $2,356,604 $1,946,760 $409,844
2014 $23,784 $2,310,442 $1,908,626 $401,816
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 120043934

California Regional Multiple Listing Service (CRMLS)

APN: 299-093-04

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