NOT LISTED FOR SALE

240 Ocean View Ave Del Mar, CA 92014

Estimated Value: $3,550,026 - $4,355,000

3 Beds
2 Baths
1,782 Sq Ft
$2,191/Sq Ft Est. Value

Last Sold June 13, 2018

Last sale price $2,500,000 $1,403 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $23,178/month

18 Days on Market

Highlights

  • Ocean View
  • Spa
  • No HOA
  • Del Mar Heights School Rated A+
  • Wooded Lot
  • 2 Car Attached Garage

About This Home

As of June 2018

Above the crashing waves of the blue Pacific sits 240 Ocean View Avenue, a quiet retreat in the forest of Del Mar. This 3 bedroom, 2 bath postmodern home on a large promontory of bluff has expansive views of sea and Torrey Pine forests. Boasting a lot size of approximately 13,600 square feet, the site is perfectly suited to build a large dream home with both grandeur and seclusion. This property has great security and privacy but is conveniently close to the Del Mar Village shops and restaurants.

Last Agent to Sell the Property

Lance Boggs

Lance Boggs, Broker License #01024364 Listed on: 04/26/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,754

Year Built

  • Built in 1957

Lot Details

  • 0.31 Acre Lot
  • Irregular Lot
  • Lot Sloped Down
  • Wooded Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Property Views

  • Ocean
  • Woods
  • Bluff

Home Design

  • Fixer Upper

Interior Spaces

  • 1,782 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • Spa

Community Details

  • No Home Owners Association
  • Property is near a preserve or public land

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 2424
  • Assessor Parcel Number 3010210700

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,754

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 3010210700
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1782.00 Square Feet
  • Stories: 1
  • Entry Location: Ground Floor
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1402.92
  • Room Type: All Bedrooms Down, Main Floor Master Bedroom, Master Bathroom
  • Spa Features: Private

Exterior Features

  • View: Ocean, Trees/Woods
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Paved, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Preserve/Public Land

Schools

  • School District: Del Mar Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Bluff, Sloped Down, Lot 10000-19999 Sqft, Irregular Lot, Treed Lot
  • Lot Size Sq Ft: 13600.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 172.00
  • Tax Lot: 13
  • Tax Tract Number: 2424

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2018
Closed on
May 22, 2018
Sold by
Kaye Loren F and The Kaye Family Trust
Bought by
Grossman Bonnie Smolin and Grossman Paul David
Seller's Agent
Lance Boggs
Lance Boggs, Broker
List Price
$2,849,000
Sold Price
$2,500,000
Premium/Discount to List
-$349,000
-12.25%
Current Estimated Value
$3,904,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,404,007
Avg. Annual Appreciation
6.25%
Original Mortgage
$1,875,000
Outstanding Balance
$1,574,147
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,329,860

Purchase Details

Closed on
Sep 1, 2015
Sold by
Kaye Loren F
Bought by
Kaye Loren F
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
Grossman Bonnie Smolin $2,500,000 Chicago Title Company
Kaye Loren F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grossman Bonnie Smolin $1,875,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2018 06/13/18 Sold $2,500,000 -12.2% $1,403 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $2,849,000 -- $1,599 / 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 $29,754 $2,844,568 $2,673,897 $170,671
2024 $29,754 $2,788,793 $2,621,468 $167,325
2023 $29,099 $2,734,112 $2,570,067 $164,045
2022 $28,634 $2,680,503 $2,519,674 $160,829
2021 $27,575 $2,627,945 $2,470,269 $157,676
2020 $27,821 $2,601,000 $2,444,940 $156,060
2019 $27,274 $2,550,000 $2,397,000 $153,000
2018 $1,283 $115,891 $53,780 $62,111
2017 $110 $113,620 $52,726 $60,894
2016 $1,217 $111,393 $51,693 $59,700
2015 $1,128 $109,721 $50,917 $58,804
2014 $1,105 $107,573 $49,920 $57,653
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lance Boggs

    Lance Boggs, Broker

    (949) 554-1200

    1 Total Sale

    Lance Boggs
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18098616

California Regional Multiple Listing Service (CRMLS)

APN: 301-021-07

California San Diego County Del Mar 92014

240 Ocean View Ave, Del Mar, CA

This home is located at 240 Ocean View Ave, Del Mar, CA 92014 since 26 April 2018 and is currently estimated at $3,904,007, approximately $2,190 per square foot. This property was built in 1957. 240 Ocean View Ave is a home located in San Diego County with nearby schools including Del Mar Heights School, Del Mar Hills Elementary School, and Earl Warren Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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