NOT LISTED FOR SALE

2905 Nichols St San Diego, CA 92106

La Playa Neighborhood

Estimated Value: $16,202,543

5 Beds
9 Baths
6,902 Sq Ft
$2,348/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $10,000,000 $1,449 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $89,460/month

33 Days on Market

Highlights

  • Boat Facilities
  • Property Fronts a Bay or Harbor
  • 0.76 Acre Lot
  • Richard Henry Dana Middle School Rated A-
  • Wine Cellar
  • Fireplace in Primary Bedroom

About This Home

As of October 2018

Nothing quite compares to the allure of this MAGNIFICENT BAYFRONT ESTATE. The adjacent parcel, with a tennis court, is available. Gated, with rolling lawns and park-like grounds, it offers beauty in every direction. The views are stunning, both day & night, of a million points of light on the water, Shelter Island & the City of San Diego. The Mills Act designation provides significant tax savings. The value is evident. Between the huge lot, the wide water frontage, the architectural importance, William Templeton Johnson was the architect, the Mills Act designation, the grand essence of design, the gorgeous spaces and the finishes, this is a very important residence and a rare offering. The master has dual baths and closets, charming balconies, and views galore. Public rooms are sumptuous yet welcoming and include a gracious living room, formal dining room with herringbone wood floors, a mahogany-paneled library, and a gourmet kitchen opening to the view-filled morning room. Invest in your daily happiness while making a sound waterfront real estate investment. As per plans, house square footage is 6,902, garage 654.8 and bath house 229.5.

Last Agent to Sell the Property

Susana Corrigan

Berkshire Hathaway HomeServices California Properties License #00837598 Listed on: 07/25/2018

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Patty Cohen

Berkshire Hathaway HomeServices California Properties License #01340902

Last Buyer's Agent

Susana Corrigan

Berkshire Hathaway HomeServices California Properties License #00837598 Listed on: 07/25/2018

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,991

Year Built

  • Built in 1928

Lot Details

  • 0.76 Acre Lot
  • Property Fronts a Bay or Harbor
  • Partially Fenced Property
  • Private Yard

Parking

  • 3 Car Attached Garage

Home Design

  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 6,902 Sq Ft Home
  • Wine Cellar
  • Family Room
  • Living Room with Fireplace
  • 4 Fireplaces
  • Formal Dining Room
  • Library
  • Bay Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom

Outdoor Features

  • Boat Facilities
  • Balcony
  • Deck
  • Covered patio or porch

Utilities

  • Separate Water Meter
  • Cable TV Available

Community Details

  • $900 Other Monthly Fees

Listing and Financial Details

  • Assessor Parcel Number 532-452-10-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,991

Year Built

Built in 1928

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Coastal South
  • Cross Street: Rosecrans
  • Neighborhood: La Playa
  • Supplement: Between the huge lot, the wide water frontage, the architectural importance, William Templeton Johnson was the architect, the Mills Act designation, the grand essence of design, the gorgeous spaces and the finishes, this is a very important residence and a rare offering. The master has dual baths and closets, charming balconies, and views galore. Public rooms are sumptuous yet welcoming and include a gracious living room, formal dining room with herringbone wood floors, a mahogany-paneled library, and a gourmet kitchen opening to the view-filled morning room. Invest in your daily happiness while making a sound waterfront real estate investment. As per plans, house square footage is 6,902, garage 654.8 and bath house 229.5.
  • Estimated Living Space: 5,000 to 7,499 SqFt
  • LP / Sq Ft: 1432.63
  • Miscellaneous: Tennis Court
  • Price Per Sq Ft: 1448.86
  • Residential Unit Location: Detached
  • SP/ Sq Ft: 1448.86
  • Ownership: Fee Simple
  • Year Built: 1928
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Wood
  • Equipment Available: Dishwasher, Disposal, Range/Oven, Refrigerator
  • Fireplaces: 4
  • Fireplace: Fp In Living Room, Fp In Master Br
  • Searchable Rooms: Breakfast Area, Dining Room/Separate, Family Room, Library, Master Retreat, Wine Cellar
  • Total Bedrooms: 5
  • Bedrooms: 5
  • Master Bedroom Dimensions: 18x18
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 6902
  • Total Bathrooms: 9

Exterior Features

  • Boat Facilities: Yes
  • Exterior Material: Stucco
  • Fencing: Partial
  • Frontage: Bay
  • Patio: Balcony, Covered, Deck
  • Roof: Tile/Clay
  • View: Bay
  • Three or more Steps To Entry: Yes
  • Exclusive Use Yard: Yes

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 3
  • Parking Spaces Total: 3

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Telecommunications: Cable (coaxial)

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: POINT LOMA
  • Other Fees Payment Frequency: Monthly

Fee Information

  • Total Monthly Fees: 900
  • Other Fees: 900.0
  • Other Fees Reflect: Month
  • Total Other Fees: 10800

Lot Info

  • Lot Size: .5 to 1 AC
  • Site: Public Street, Street Paved
  • Assessor Parcel Number: 532-452-10-00
  • Estimated Lot Sq Ft: 26136
  • Estimated Number of Acres: 0.76
  • Map Code Column: B
  • Map Code Page: 1288
  • Map Code Row: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2018
Closed on
Oct 16, 2018
Sold by
Daly Timothy
Bought by
The Peckham House Llc
Seller's Agent
Susana Corrigan
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Susana Corrigan
Berkshire Hathaway HomeServices California Properties
List Price
$9,888,000
Sold Price
$10,000,000
Premium/Discount to List
$112,000
1.13%
Current Estimated Value
$16,202,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,202,543
Avg. Annual Appreciation
7.20%
Original Mortgage
$6,000,000
Outstanding Balance
$5,264,686
Interest Rate
4.6%
Mortgage Type
Credit Line Revolving
Estimated Equity
$10,766,695

Purchase Details

Closed on
Nov 18, 2011
Sold by
Daly Timothy
Bought by
Daly Timothy and Daly Hilary H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2011
Sold by
Games Stephen C
Bought by
Daly Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2011
Sold by
Games Stephen C and Games Sandra B
Bought by
Games Stephen C

Purchase Details

Closed on
Oct 4, 2006
Sold by
Games Stephen C
Bought by
Games Stephen C and Games Sandra B

Purchase Details

Closed on
Jul 31, 2006
Sold by
La Playa View Holdings Llc
Bought by
Games Stephen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,700,000
Interest Rate
8%
Mortgage Type
Negative Amortization
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
The Peckham House Llc $10,000,000 First American Title Company
Daly Timothy -- Fidelity National Title
Daly Timothy $6,300,000 Usa National Title Company
Games Stephen C -- Usa National Title Company
Games Stephen C -- Usa National Title Company
Games Stephen C -- California Title Company
Games Stephen C -- California Title Company
Games Stephen C -- California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Peckham House Llc $6,000,000
Previous Owner Daly Timothy $1,893,000
Previous Owner Daly Timothy $1,881,750
Previous Owner Daly Timothy $2,600,000
Previous Owner Games Stephen C $9,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold $10,000,000 +1.1% $1,449 / Sq Ft
08/28/2018 08/28/18 Pending -- -- --
07/25/2018 07/25/18 For Sale $9,888,000 -- $1,433 / Sq Ft
Source: San Diego MLS

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 $8,991 $756,264 $440,635 $315,629
2024 $8,991 $729,280 $424,702 $304,578
2023 $8,699 $707,331 $411,784 $295,547
2022 $12,199 $1,000,246 $587,781 $412,465
2021 $11,939 $966,288 $567,648 $398,640
2020 $10,611 $860,175 $516,105 $344,070
2019 $10,105 $817,514 $490,508 $327,006
2018 $10,522 $893,059 $535,835 $357,224
2017 $80 $920,709 $552,425 $368,284
2016 $10,708 $909,338 $545,602 $363,736
2015 $10,705 $908,861 $545,316 $363,545
2014 $11,068 $936,211 $561,726 $374,485
Source: Public Records

Agents Affiliated with this Home

  • Susana Corrigan

    Seller's Agent in 2018

    Susana Corrigan

    Berkshire Hathaway HomeServices California Properties

    (858) 229-8120

    143 Total Sales

    Section Image
  • Patty Cohen

    Seller Co-Listing Agent in 2018

    Patty Cohen

    Berkshire Hathaway HomeServices California Properties

    (858) 414-4555

    127 Total Sales

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Map

Source: San Diego MLS

MLS Number: 180040894

San Diego MLS

APN: 532-452-10

California San Diego County San Diego 92106 La Playa

2905 Nichols St, San Diego, CA

This home is located at 2905 Nichols St, San Diego, CA 92106 since 25 July 2018 and is currently estimated at $16,202,543, approximately $2,347 per square foot. This property was built in 1928. 2905 Nichols St is a home located in San Diego County with nearby schools including Cabrillo Elementary School, Richard Henry Dana Middle School, and Correia Middle School.

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