NOT LISTED FOR SALE

2925 Sandy Pointe Unit 12 Del Mar, CA 92014

Estimated Value: $3,145,168 - $3,943,000

3 Beds
3 Baths
1,725 Sq Ft
$870/mo HOA Fee

Last Sold March 16, 2022

Last sale price $2,850,000 $1,652 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $21,952/month

55 Days on Market

Highlights

  • In Ground Pool
  • Home fronts a lagoon or estuary
  • Panoramic View
  • Del Mar Heights School Rated A+
  • Primary Bedroom Suite
  • 4-minute walk to Del Mar Dog Beach

About This Home

As of March 2022

A rare opportunity to purchase a home with gorgeous views of the lagoon in the gated community of Playa del Mar. Cottage 12 is approximately 1725 sq ft with 2 bedrooms & 2 bathrooms upstairs + a bonus room & full bathroom downstairs. Recently remodeled makes this stylishly contemporary condominium move-in ready as a primary residence or second home. Step outside the front door or back patio to Del Mar’s Beaches including Dog Beach, Restaurants, Walking pathways to the Famous Del Mar RaceTrack and the Downtown Village of Del Mar. Whether you make this your vacation getaway or your full- time home, you will have the opportunity to enjoy the desirable lifestyle of Southern California Beach living by starting your day with the views of the Lagoon sunrises and end your day with the Beach Sunsets. On the 4th of July, your back patio will become the front row seats to what will feel like your own Fireworks show. No matter the season, each day in this home will allow you to enjoy a unique lifestyle in a one-of-a-kind community.

Last Agent to Sell the Property

Yvette Roberts

First Team Real Estate License #01419744 Listed on: 11/22/2021

First Team Real Estate

Last Buyer's Agent

Orrin Wagoner

Santa Cruz Vanguard Realtors License #00343528

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $31,624

Year Built

  • Built in 1988

Lot Details

  • Home fronts a lagoon or estuary
  • 1 Common Wall
  • Sprinkler System

HOA Fees

  • $870 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • River
  • Panoramic
  • Rock

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,725 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Home Office
  • Bonus Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • In Ground Pool
  • Fence Around Pool
  • Pool Tile

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Tax Tract Number 11001
  • Assessor Parcel Number 2990301909

Community Details

Overview

  • 20 Units
  • Five Star Community Management Association, Phone Number (760) 682-5946
  • Playa Del Mar

Recreation

  • Community Pool
  • Community Spa
  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$31,624

Year Built

Built in 1988

Lot Details

0

HOA Fees

$870 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Park Name: Playa Del Mar
  • Property Attached: Yes
  • View: Yes
  • Zoning: R
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2990301909
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1725.00
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Gas, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1652.17
  • Room Type: Bonus Room, Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Walk-In Closet

Exterior Features

  • View: Panoramic, River, Rocks, Water
  • Fence: No
  • Pool Features: Association, Community, Fenced, In Ground, Private, Tile
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: No
  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Management, Pet Rules, Pets Permitted, Pool, Spa/Hot Tub
  • Association Fee: 870.00
  • Association Fee Frequency: Monthly
  • Association Name: Five Star Community Management
  • Phone: 760.682.5946
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban, Biking

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 109335.60
  • Lot Size Acres: 2.5100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2.5100 Acres
  • Number Of Units In Community: 20
  • Waterfront Features: Lagoon

Tax Info

  • Tax Tract Number: 11001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2021
Closed on
Jan 19, 2022
Sold by
Erik Joal Meek Trust
Bought by
Brown Kevin J and Brow Diana
Seller's Agent
Yvette Roberts
First Team Real Estate
Buyer's Agent
Orrin Wagoner
Santa Cruz Vanguard Realtors
List Price
$2,977,000
Sold Price
$2,850,000
Premium/Discount to List
-$127,000
-4.27%
Current Estimated Value
$3,479,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$629,292
Avg. Annual Appreciation
5.78%
Original Mortgage
$1,710,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2008
Sold by
Meek Erik Joal
Bought by
Meek Erik Joal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2003
Sold by
Meek Erik Joal
Bought by
Meek Erik Joal

Purchase Details

Closed on
Oct 26, 1995
Sold by
Driver Gary D and Driver Patricia Jean
Bought by
Meek Erik Joal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 1988
Source: Public Records

Range of Values:

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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
Brown Kevin J $2,850,000 Western Resources
Meek Erik Joal -- None Available
Meek Erik Joal -- United Title Company
Meek Erik Joal -- United Title Company
Meek Erik Joal -- --
Meek Erik Joal $400,000 Guardian Title Company
-- $359,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Kevin J $1,710,000
Previous Owner Meek Erik Joal $625,000
Previous Owner Meek Erik Joal $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2022 03/16/22 Sold $2,850,000 -4.3% $1,652 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
11/22/2021 11/22/21 For Sale $2,977,000 0.0% $1,726 / Sq Ft
03/30/2015 03/30/15 Rented $20,000 0.0% --
02/28/2015 02/28/15 Under Contract -- -- --
02/16/2015 02/16/15 For Rent $20,000 +344.4% --
09/11/2013 09/11/13 Rented $4,500 0.0% --
09/11/2013 09/11/13 For Rent $4,500 0.0% --
07/06/2013 07/06/13 Rented $4,500 0.0% --
07/06/2013 07/06/13 For Rent $4,500 -- --
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 $31,624 $3,024,442 $2,440,778 $583,664
2024 $31,624 $2,965,140 $2,392,920 $572,220
2023 $30,929 $626,161 $391,355 $234,806
2022 $6,673 $626,161 $391,355 $234,806
2021 $6,426 $613,884 $383,682 $230,202
2020 $6,482 $607,590 $379,748 $227,842
2019 $6,353 $595,677 $372,302 $223,375
2018 $6,071 $583,998 $365,002 $218,996
2017 $110 $572,548 $357,846 $214,702
2016 $5,759 $561,323 $350,830 $210,493
2015 $5,672 $552,893 $345,561 $207,332
2014 $5,554 $542,063 $338,792 $203,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2112844

California Regional Multiple Listing Service (CRMLS)

APN: 299-030-19-12