$1,295,000
SOLD APR 17, 2015
4 Beds
6 Baths
3,018 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$429 Per Sq Ft

530 Days on Market

About This Home

As of April 2015

This timeless classic beach town Duplex nestled amongst the hillside of Cardiff by the Sea is perfectly situated to meet head on the crisp offshore morning breeze while you sip your morning cappuccino on a private patio overlooking the crystal blue water of the great Pacific Ocean. Each unit features a large entertainment area, fireplace, interior laundry, 2 ground floor bdrms, 2.5 baths, high vaulted ceilings, excessive storage, great airflow & plenty of parking. A perfect opportunity to own at beach... This is a perfect opportunity to own a beach home and rent out one unit to cover costs. Neighborhoods: Cardiff Other Fees: 0 Sewer: Sewer Available Unit # for Unit 1: 2461 Unit # for Unit 2: 2463 Unit 1 Parking Spaces: 3 Unit 2 Parking Spaces: 3 Number of Furnished Units: 0 Topography: GSL

Last Agent to Sell the Property

Jeff Miller

Truss Realty Group License #01299547 Listed on: 09/12/2013

Last Buyer's Agent

Hedy Goldman

San Diego Homes and Estates License #01308147

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,471

Year Built

  • Built in 1978

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Partially Fenced Property

Home Design

  • Wood Roof

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tax Lot 2461-2463Newcastle92007
  • Assessor Parcel Number 2611035200

Community Details

Overview

  • 2 Units
  • unknown

Building Details

  • Net Operating Income $49,493

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,471

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 3.74
  • Park Name: unknown
  • Subdivision Name Other: Cardiff By The Sea
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 2611035200
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Levels: Two

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Wood
  • Spa: No

Lot Info

  • Lot Size: 50x100
  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Multi Family

  • Gross Scheduled Income: 63600.00
  • Lot Size Area: 4792.0000 Square Feet
  • Net Operating Income: 49493.00
  • Number Of Units Total: 2
  • Number With Patio: 2

Tax Info

  • Tax Lot: 2461-2463Newcastle92007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2015
Closed on
Mar 6, 2015
Sold by
Carlton James W
Bought by
Jld1965 Llc
Seller's Agent
Jeff Miller
Truss Realty Group
Buyer's Agent
PWRNONMEMBER PWRNONMEMBER
PWNONMEMBER
List Price
$1,449,000
Sold Price
$1,295,000
Premium/Discount to List
-$154,000
-10.63%
Current Estimated Value
$2,984,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,689,620
Avg. Annual Appreciation
8.11%
Original Mortgage
$906,500
Interest Rate
3.2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 2, 2005
Sold by
Tarapasky Gordon C
Bought by
Carlton James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
6.43%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 29, 1986
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $1,295,000 Fidelity National Title
Grant Deed $975,000 New Century Title Company
Deed $239,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,165,500 New Conventional
Closed $906,500 Adjustable Rate Mortgage/ARM
Previous Owner $30,000 Stand Alone Second
Previous Owner $780,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2015 04/17/15 Sold $1,295,000 0.0% $429 / Sq Ft
04/17/2015 04/17/15 Sold $1,295,000 -4.1% $429 / Sq Ft
03/15/2015 03/15/15 Price Changed $1,350,000 +4.2% $447 / Sq Ft
03/02/2015 03/02/15 Pending -- -- --
02/24/2015 02/24/15 Pending -- -- --
09/11/2014 09/11/14 Off Market $1,295,000 -- --
09/06/2014 09/06/14 Price Changed $1,399,000 +8.0% $464 / Sq Ft
09/12/2013 09/12/13 For Sale $1,295,000 -10.6% $429 / Sq Ft
09/12/2013 09/12/13 For Sale $1,449,000 -- $480 / 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 $17,471 $1,556,385 $1,273,956 $282,429
2024 $17,471 $1,525,869 $1,248,977 $276,892
2023 $17,013 $1,495,951 $1,224,488 $271,463
2022 $16,659 $1,466,620 $1,200,479 $266,141
2021 $16,515 $1,437,864 $1,176,941 $260,923
2020 $16,380 $1,423,121 $1,164,873 $258,248
2019 $16,073 $1,395,218 $1,142,033 $253,185
2018 $15,777 $1,367,862 $1,119,641 $248,221
2017 $15,392 $1,341,042 $1,097,688 $243,354
2016 $14,668 $1,314,748 $1,076,165 $238,583
2015 $12,297 $1,086,899 $741,322 $345,577
2014 $12,035 $1,065,609 $726,801 $338,808
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 130053179

California Regional Multiple Listing Service (CRMLS)

APN: 261-103-52