NOT LISTED FOR SALE

2372 Cambridge Ave Cardiff By the Sea, CA 92007

Cardiff-by-the-Sea Neighborhood

Estimated Value: $2,080,000 - $2,865,000

4 Beds
2 Baths
1,728 Sq Ft
$1,395/Sq Ft Est. Value

Last Sold July 28, 2020

Last sale price $1,300,000 $752 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $15,177/month

94 Days on Market

About This Home

As of July 2020

Seller will entertain offers between $1,250,000 and $1,475,000. A true duplex, yes both units of 2/1 over the two 2 car garages and one 2/1 unit on the ground floor with fenced lawn area for relaxation. A walk or bike ride to the beach, shops and dining/casual and exquisite dining. A community of caring locals and visitors who love the lifestyle of this beach side gem! A jewel of a find in the heart of the trending seaside community of Cardiff by the Sea. Ocean breezes caress your cares away as you stroll from your live in/or rent out coastal duplex to the local Seaside Market for a basket of goodies or weekly groceries. Strap your board to a bike and pedal to surf the finest coastal waves, or explore dining favorites! An exceptional location, well maintained, with multiple opportunities. Please check with the city for options to go up or out-height, setback and footprint requirements. Neighborhoods: Cardiff Exterior: Wood/Stucco Other Fees: 0 Unit # for Unit 1: 2372 Unit # for Unit 2: 2374 Number of Furnished Units: 0

Last Agent to Sell the Property

Renee Damon

Pacific Sotheby's Int'l Realty License #01018690 Listed on: 03/13/2020

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Gloria Flores

Coldwell Banker Res. Brokerage License #01265408

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,465

Year Built

  • Built in 1968

Lot Details

  • 5,004 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 2610934400

Community Details

Overview

  • 2 Units
  • C

Building Details

  • Net Operating Income $51,668

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,465

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Park Name: C
  • Subdivision Name Other: Cardiff By The Sea
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 2610934400
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Levels: Two

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Roof: Composition

Lot Info

  • Lot Size Sq Ft: 5004.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 60000.00
  • Lot Size Area: 5004.0000 Square Feet
  • Net Operating Income: 51668.00
  • Number Of Units Total: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2022
Sold by
Eric Nielsen
Bought by
Nielsen Eric and Macaluso Bianca
Total Days on Market
94
Current Estimated Value
$2,411,215

Purchase Details

Listed on
Mar 13, 2020
Closed on
Jul 14, 2020
Sold by
Mcclellan Richard J and Mcclellan Barbara
Bought by
Nielsen Eric and Macaluso Bianca
Seller's Agent
Renee Damon
Pacific Sotheby's Int'l Realty
Buyer's Agent
Gloria Flores
Coldwell Banker Res. Brokerage
List Price
$1,475,000
Sold Price
$1,300,000
Premium/Discount to List
-$175,000
-11.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.00%
Original Mortgage
$910,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2013
Sold by
Mcclellan Richard J and Mcclellan Barbara
Bought by
Mcclellan Richard J and Mcclellan Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2011
Sold by
Mcclellan Richard J and Mcclellan Barbara
Bought by
Mcclellan Richard J and Mcclellan Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2004
Sold by
Mcclellan Richard J and Mcclellan Barbara
Bought by
Mcclellan Richard J and Mcclellan Barbara

Purchase Details

Closed on
Apr 20, 1994
Sold by
Mcclellan Richard J and Mcclellan Barbara
Bought by
Mcclellan Richard J and Mcclellan Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
5.87%
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
Nielsen Eric -- None Listed On Document
Nielsen Eric $1,300,000 Guardian Title Company
Mcclellan Richard J -- Ticor Title San Diego Branch
Mcclellan Richard J -- Ticor Title
Mcclellan Richard J -- Accommodation
Mcclellan Richard J -- Ticor Title Company Of Ca
Mcclellan Richard J -- --
Mcclellan Richard J -- South Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nielsen Eric $51,750
Previous Owner Nielsen Eric $907,000
Previous Owner Nielsen Eric $910,000
Previous Owner Mcclellan Richard J $410,000
Previous Owner Mcclellan Richard J $420,000
Previous Owner Mcclellan Richard J $100,000
Previous Owner Mcclellan Richard J $50,000
Previous Owner Mcclellan Richard J $40,000
Previous Owner Mcclellan Richard J $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2020 07/28/20 Sold $1,300,000 -11.9% $752 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $1,475,000 -- $854 / 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 $24,465 $2,208,696 $1,244,796 $963,900
2024 $24,465 $2,165,389 $1,220,389 $945,000
2023 $15,962 $1,379,520 $1,196,460 $183,060
2022 $15,504 $1,326,000 $1,173,000 $153,000
2021 $15,155 $1,300,000 $1,150,000 $150,000
2020 $3,923 $274,364 $191,406 $82,958
2019 $3,862 $268,985 $187,653 $81,332
2018 $3,769 $263,712 $183,974 $79,738
2017 $190 $258,542 $180,367 $78,175
2016 $3,582 $253,474 $176,831 $76,643
2015 $3,602 $249,667 $174,175 $75,492
2014 $3,533 $244,778 $170,764 $74,014
Source: Public Records

Agents Affiliated with this Home

  • Renee Damon

    Seller's Agent in 2020

    Renee Damon

    Pacific Sotheby's Int'l Realty

    (760) 801-9891

    22 Total Sales

    Renee Damon
    Section Image

  • G

    Buyer's Agent in 2020

    Gloria Flores

    Coldwell Banker Res. Brokerage

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200014073

California Regional Multiple Listing Service (CRMLS)

APN: 261-093-44

California San Diego County Cardiff By The Sea 92007 Cardiff-by-the-Sea

2372 Cambridge Ave, Cardiff By The Sea, CA

This home is located at 2372 Cambridge Ave, Cardiff By the Sea, CA 92007 since 13 March 2020 and is currently estimated at $2,411,215, approximately $1,395 per square foot. This property was built in 1968. 2372 Cambridge Ave is a home located in San Diego County with nearby schools including Cardiff Elementary, Ada W. Harris Elementary, and Oak Crest Middle School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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