2427 Newcastle Ave Cardiff By the Sea, CA 92007
Cardiff-by-the-Sea Neighborhood
6
Beds
6
Baths
2,714
Sq Ft
5,004
Sq Ft Lot
Highlights
- Ocean View
- Partially Fenced Property
- Wood Siding
- Cardiff Elementary Rated A
- Level Lot
- Gravity Heating System
About This Home
As of November 2020Incredibly opportunity to own one of the only true ocean view Duplexes left in Cardiff. Ocean Views from the top of both floors and expansive decks. Each unit comes w/ a storage unit & 3 parking spots (very rare in Cardiff). Major renovations just completed. Dramatic opportunity to increase rents. Live in one & rent the other, split the lot for two twin-homes or build your dream single family palace. Walk to the beach, park & Seaside market! Renovations INCLUDED: Custom paint exterior Custom paint interior, throughout including drawers & cabinets Landscape renovation Refinished kitchen countertops, & vanities Professionally glazed tub/showers throughout New flooring in 2427 powder room New flooring in 2429 master bath Toilets (6) new eco-friendly Light fixtures all new, throughout every room and hallway Globe entry light Kitchen sinks replaced with new stainless sinks Kitchen faucets replaced with new stainless steel faucet Faucets replaced in 2427 master bath & powder room Faucet replaced in 2429 master bath Garbage disposals replaced Mirrors installed in 2427 & 2429 powder rooms Drawer pulls newly installed, stainless steel, chrome Shower heads replaced Tub spouts (chrome) replaced Dishwasher replaced in 2429 Custom closet installed in 2427 bedroom 2” white faux-wood, easy-lift, cordless blinds in all windows Door handles throughout, all new stainless steel, non-rust All new LED lightbulbs Angle-stops replaced throughout Professional deep-cleaning of carpet
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $25,932
Year Built
- Built in 1977
Lot Details
- 5,004 Sq Ft Lot
- Partially Fenced Property
- Level Lot
- Sprinkler System
Home Design
- Composition Roof
- Wood Siding
Interior Spaces
- 2-Story Property
- Ocean Views
Schools
- Cardiff School District Elementary School
Utilities
- Gravity Heating System
- Separate Water Meter
Listing and Financial Details
- Tenant pays for trash, cable TV, electricity, gas/propane
- Assessor Parcel Number 261-103-49-00
Community Details
Overview
- 2 Units
- Cardiff Community
Building Details
- Net Operating Income $44,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 21, 2020
Closed on
Nov 7, 2020
Sold by
Ocomento Llc
Bought by
Thomas Tighe Cooke
Seller's Agent
Chris Kimura
CK Properties
Buyer's Agent
Ryan Judson
Compass
List Price
$2,250,000
Sold Price
$2,150,000
Premium/Discount to List
-$100,000
-4.44%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$955,124
Avg. Annual Appreciation
8.18%
Purchase Details
Listed on
Oct 4, 2019
Closed on
Dec 26, 2019
Sold by
Granger Donald R and Granger Shirley
Bought by
Ocomento Llc
Seller's Agent
Jordan Beal
Compass
Buyer's Agent
Chris Kimura
CK Properties
List Price
$2,300,000
Sold Price
$1,950,000
Premium/Discount to List
-$350,000
-15.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.73%
Purchase Details
Closed on
Aug 7, 2002
Sold by
Granger Laying Madelyn V and Granger Madelyn V
Bought by
Granger Laying Madelyn
Similar Home in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,150,000 | Chicago Title Company | |
| Grant Deed | $1,950,000 | North American Title | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,505,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/24/2020 11/24/20 | Sold | $2,150,000 | -4.4% | $792 / Sq Ft |
| 11/02/2020 11/02/20 | Pending | -- | -- | -- |
| 10/21/2020 10/21/20 | For Sale | $2,250,000 | +15.4% | $829 / Sq Ft |
| 01/06/2020 01/06/20 | Sold | $1,950,000 | -2.5% | $718 / Sq Ft |
| 12/24/2019 12/24/19 | Pending | -- | -- | -- |
| 12/21/2019 12/21/19 | Price Changed | $1,999,999 | -13.0% | $737 / Sq Ft |
| 10/04/2019 10/04/19 | For Sale | $2,300,000 | -- | $847 / Sq Ft |
Source: San Diego MLS
Tax History Compared to Growth
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 | $25,932 | $2,327,227 | $2,002,498 | $324,729 |
| 2024 | $25,932 | $2,281,596 | $1,963,234 | $318,362 |
| 2023 | $25,361 | $2,236,860 | $1,924,740 | $312,120 |
| 2022 | $24,846 | $2,193,000 | $1,887,000 | $306,000 |
| 2021 | $24,472 | $2,150,000 | $1,850,000 | $300,000 |
| 2020 | $4,875 | $340,374 | $181,136 | $159,238 |
| 2019 | $4,800 | $333,701 | $177,585 | $156,116 |
| 2018 | $4,722 | $327,158 | $174,103 | $153,055 |
| 2017 | $4,642 | $320,744 | $170,690 | $150,054 |
| 2016 | $4,492 | $314,456 | $167,344 | $147,112 |
| 2015 | $4,466 | $309,734 | $164,831 | $144,903 |
| 2014 | $4,420 | $303,668 | $161,603 | $142,065 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2020
Chris Kimura
CK Properties
(858) 353-7990
10 in this area
57 Total Sales
-
Seller's Agent in 2020
Jordan Beal
Compass
(858) 354-0980
5 in this area
122 Total Sales
-
Seller Co-Listing Agent in 2020
Ryan Judson
Compass
(760) 809-4723
8 in this area
58 Total Sales
Map
Source: San Diego MLS
MLS Number: 190054710
APN: 261-103-49
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