Seller's Agent in 2018
Jerry Linney
First Team Real Estate
(619) 806-5662
2 in this area
54 Total Sales
248 Barbara Ave Unit 248/250 Solana Beach, CA 92075
Estimated Value: $2,347,000 - $2,928,799
4
Beds
2
Baths
2,046
Sq Ft
$1,283/Sq Ft
Est. Value
Highlights
- Ocean View
- Ocean Side of Freeway
- Granite Countertops
- Skyline Elementary School Rated A
- Living Room with Attached Deck
- Private Yard
About This Home
As of November 2018Premium Solana Beach duplex in premier location!! Nicely upgraded units with manicured front & back yard, plenty of parking and beautiful living spaces. An excellent place to park your 1031 funds OR do as the neighbors did.... CONVERT TO A SINGLE FAMILY HOME WITH WATER VIEWS in spectacular location, you'll have built-in income while in planning stages. Rare to find units so well maintained and beautifully upgraded. Walkable location to beach, shops & restaurants.
Dream Home Opportunity: Premium Solana Beach location with water views!! Convert the existing 2-story duplex into your dream home, the structure is in place, modify the interior to your liking. Several homes on this street have converted/remodeled into dream homes with two more currently in process. You'll have built-in rental income while in planning stages. Currently the duplex is rented for $6,900 p/month (2 units).
Last Agent to Sell the Property
First Team Real Estate License #01382093 Listed on: 08/15/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,814
Year Built
- Built in 1967 | Remodeled
Lot Details
- 5,114 Sq Ft Lot
- Lot Dimensions are 51x101
- No Common Walls
- West Facing Home
- Landscaped
- Rectangular Lot
- Level Lot
- Front and Back Yard Sprinklers
- Sprinklers on Timer
- Private Yard
- Lawn
- Back and Front Yard
- Value in Land
Parking
- 1 Car Garage
- 4 Open Parking Spaces
- Parking Available
- Front Facing Garage
- Garage Door Opener
- Driveway
Home Design
- Duplex
- Bungalow
- Entry on the 1st floor
- Slab Foundation
- Wood Siding
Interior Spaces
- 2,046 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Living Room with Attached Deck
- Ocean Views
Kitchen
- Gas Range
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
- Gas Dryer Hookup
Outdoor Features
- Ocean Side of Freeway
- Living Room Balcony
- Exterior Lighting
- Rain Gutters
Utilities
- Forced Air Heating System
- Natural Gas Connected
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 28
- Tax Tract Number 1843
- Assessor Parcel Number 2633721800
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Gardener Expense $2,100
- Insurance Expense $815
- Trash Expense $318
- Water Sewer Expense $1,320
- New Taxes Expense $22,437
- Operating Expense $28,837
- Gross Income $82,800
- Net Operating Income $78,247
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 15, 2018
Closed on
Nov 7, 2018
Sold by
Org Roland D
Bought by
Org Lee Sun Chen
Seller's Agent
Jerry Linney
First Team Real Estate
Buyer's Agent
Kelly Douglas
San Terra Properties
List Price
$1,795,000
Sold Price
$1,750,000
Premium/Discount to List
-$45,000
-2.51%
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
$874,450
Avg. Annual Appreciation
5.99%
Purchase Details
Closed on
Apr 11, 2018
Sold by
Farrell Kevin L and Farrell Catherine L
Bought by
Farrell Kevin A
Purchase Details
Closed on
Jan 26, 2018
Sold by
Principi John D and Principi Morgan
Bought by
Org Lee Sun Chen
Purchase Details
Closed on
Aug 14, 2015
Sold by
Farrell Kevin A
Bought by
The Kevin A Farrell & Catherine L Farrel and Farrell Catherine L
Purchase Details
Closed on
Jun 29, 2007
Sold by
Thirloway Gerald T
Bought by
Farrell Kevin A and Principi John D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 29, 1996
Sold by
Thirloway Gerald T
Bought by
Thirloway Gerald T
Purchase Details
Closed on
Mar 9, 1995
Sold by
Thirloway Gerald T
Bought by
Thirloway Gerald T
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Org Lee Sun Chen | -- | First American Title | |
| Farrell Kevin A | -- | None Available | |
| Org Lee Sun Chen | $1,750,000 | First American Title | |
| The Kevin A Farrell & Catherine L Farrel | -- | None Available | |
| Farrell Kevin A | -- | None Available | |
| Farrell Kevin A | $925,000 | Fidelity National Title Co | |
| Thirloway Gerald T | -- | -- | |
| Thirloway Gerald T | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Farrell Kevin A | $92,500 | |
| Previous Owner | Farrell Kevin A | $740,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/08/2018 11/08/18 | Sold | $1,750,000 | -2.5% | $855 / Sq Ft |
| 10/15/2018 10/15/18 | Pending | -- | -- | -- |
| 08/15/2018 08/15/18 | For Sale | $1,795,000 | -- | $877 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $21,814 | $1,952,153 | $1,561,724 | $390,429 |
| 2024 | $21,814 | $1,913,876 | $1,531,102 | $382,774 |
| 2023 | $21,368 | $1,876,350 | $1,501,081 | $375,269 |
| 2022 | $21,050 | $1,839,560 | $1,471,649 | $367,911 |
| 2021 | $20,702 | $1,803,492 | $1,442,794 | $360,698 |
| 2020 | $20,533 | $1,785,000 | $1,428,000 | $357,000 |
| 2019 | $20,162 | $1,750,000 | $1,400,000 | $350,000 |
| 2018 | $12,852 | $1,067,792 | $923,496 | $144,296 |
| 2017 | $12,017 | $990,000 | $858,000 | $132,000 |
| 2016 | $10,616 | $900,000 | $780,000 | $120,000 |
| 2015 | $10,585 | $900,000 | $780,000 | $120,000 |
| 2014 | $9,778 | $825,000 | $715,000 | $110,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jerry Linney
-
Kelly Douglas
Buyer's Agent in 2018
Kelly Douglas
San Terra Properties
(619) 572-3711
2 in this area
26 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: ND18204788
APN: 263-372-18
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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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