NOT LISTED FOR SALE

Estimated Value: $1,645,000 - $2,205,825

6 Beds
6 Baths
3,542 Sq Ft
$568/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $1,237,000 $349 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $12,408/month

46 Days on Market

Highlights

  • Central Air
  • La Costa Heights Elementary School Rated A
  • 1-Story Property

About This Home

As of June 2020

Optimal duplex located in the desirable neighborhood of Ranch La Costa! Two identical units featuring 3 bedrooms and 2.5 baths, attached 2 car garage, fireplace in the main living area, and private decks - providing privacy and the feeling of a detached home! Units were rented for about 10 years, one to a family and long term friend while the other was rented to the same tenant. Projected rent is about $3,200 per month. Optimal duplex located in the desirable neighborhood of Ranch La Costa! Two identical units featuring 3 bedrooms and 2.5 baths, attached 2 car garage, fireplace in the main living area, and private decks - providing privacy and the feeling of a detached home! Both units have bright, open floor plans and private, fenced backyards! Both units have been rented for about 10 years. One unit is currently rented to a family and long time friend. The other unit was rented since 2012 to the same tenant. Projected rent is about $3,200 per month. Features include: 2012 roof and Pacific drain and plumbing copper pipes replaced in 2016-2017. Neighborhoods: Rancho La Costa Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 2503 Unit # for Unit 2: 2505 Number of Furnished Units: 0

Last Agent to Sell the Property

Alan Shafran

SRG License #00969660 Listed on: 03/30/2020

SRG

Last Buyer's Agent

James Miramontes

Real Broker License #02070549

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,425

Year Built

  • Built in 1990

Lot Details

  • 10,372

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Utilities

  • Central Air
  • Gas Water Heater

Additional Features

  • 1-Story Property
  • 10,372 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 2161900500

Community Details

Overview

  • 2 Units
  • Rancho La Costa

Building Details

  • Net Operating Income $51,265

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,425

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Park Name: Rancho La Costa
  • Subdivision Name Other: La Costa
  • Zoning: R-2:MINOR
  • Property Type: Residential Income
  • Parcel Number: 2161900500
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Appliances: Gas Water Heater
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 10372.00
  • Lot Size Acres: 0.2400

Multi Family

  • Gross Scheduled Income: 62400.00
  • Lot Size Area: 10372.0000 Square Feet
  • Net Operating Income: 51265.00
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2024
Sold by
Miramontes James and Miramontes Laura
Bought by
Miramontes Family Trust and Miramontes
Total Days on Market
46
Current Estimated Value
$2,010,956

Purchase Details

Listed on
Mar 30, 2020
Closed on
May 23, 2020
Sold by
Akeson Stephen Paine and Knowlton Anita Christine
Bought by
Miramontes James and Miramontes Laura
Seller's Agent
Alan Shafran
SRG
Buyer's Agent
James Miramontes
Real Broker
List Price
$1,225,000
Sold Price
$1,237,000
Premium/Discount to List
$12,000
0.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.29%
Original Mortgage
$1,237,000
Interest Rate
3.2%
Mortgage Type
VA

Purchase Details

Closed on
Sep 6, 2011
Sold by
Akeson Stephen Paine and Knowlton Anita Christine
Bought by
Akeson Stephen Paine and Knowlton Anita Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2008
Sold by
Akeson Stephen Paine and Knowlton Anita Christine
Bought by
Akeson Stephen Paine and Knowlton Anita Christine

Purchase Details

Closed on
Apr 1, 2002
Sold by
Pavone Doug and Pavone Cheryl
Bought by
Akeson Stephen Paine and Knowlton Anita Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,950
Interest Rate
7.08%

Purchase Details

Closed on
Feb 2, 2001
Sold by
Conte Cosmo C
Bought by
Pavone Doug and Pavone Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,750
Interest Rate
7.11%

Purchase Details

Closed on
Jan 8, 1997
Sold by
Hawthorne Savings
Bought by
Conte Cosmo C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
6.7%

Purchase Details

Closed on
Jun 10, 1996
Sold by
Paragon Pacific Investments Inc
Bought by
Hawthorne Svgs Fsb

Purchase Details

Closed on
Nov 17, 1987
Source: Public Records

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Range of Values:

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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
Miramontes Family Trust -- None Listed On Document
Miramontes James $1,237,000 Chicago Title Company
Akeson Stephen Paine -- Chicago Title Company
Akeson Stephen Paine -- Chicago Title Company
Akeson Stephen Paine -- None Available
Akeson Stephen Paine -- None Available
Akeson Stephen Paine $617,000 Southland Title
Pavone Doug $469,000 Southland Title
Conte Cosmo C $295,000 North American Title Company
Hawthorne Svgs Fsb $300,000 American Title Ins Co
-- $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miramontes James $1,233,165
Previous Owner Miramontes James $1,237,000
Previous Owner Akeson Stephen Paine $363,000
Previous Owner Akeson Stephen Paine $413,100
Previous Owner Akeson Stephen Paine $351,950
Previous Owner Pavone Doug $351,750
Previous Owner Conte Cosmo C $223,000
Previous Owner Conte Cosmo C $221,250
Closed Akeson Stephen Paine $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2020 06/19/20 Sold $1,237,000 +1.0% $349 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
03/30/2020 03/30/20 For Sale $1,225,000 0.0% $346 / Sq Ft
10/26/2012 10/26/12 Rented $2,250 0.0% --
09/26/2012 09/26/12 Under Contract -- -- --
09/17/2012 09/17/12 For Rent $2,250 -- --
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
2024 $13,425 $1,326,309 $889,925 $436,384
2023 $13,082 $1,300,304 $872,476 $427,828
2022 $12,845 $1,274,809 $855,369 $419,440
2021 $12,616 $1,249,814 $838,598 $411,216
2020 $9,672 $833,433 $405,235 $428,198
2019 $9,487 $817,092 $397,290 $419,802
2018 $9,333 $801,071 $389,500 $411,571
2017 $9,179 $785,364 $381,863 $403,501
2016 $8,908 $769,966 $374,376 $395,590
2015 $8,732 $758,401 $368,753 $389,648
2014 $8,515 $743,546 $361,530 $382,016
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200015189

California Regional Multiple Listing Service (CRMLS)

APN: 216-190-05