$1,575,000
SOLD DEC 30, 2014

2999 Ocean Front Walk Unit 5 San Diego, CA 92109

Mission Beach Neighborhood
3 Beds
3 Baths
1,476 Sq Ft
$650/mo HOA Fee

Recently Sold

$1,067 Per Sq Ft

27% Below List Price

215 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Contemporary Architecture
  • Pacific Beach Elementary School Rated A-
  • Gated Parking
  • 1-minute walk to Mission Beach Park

About This Home

As of August 2015

This opulent southwest facing penthouse master bedroom features retractable glass walls for unobstructed views of the Pacific Ocean and San Diego sunsets! Gourmet kitchen with premium Miele appliances, Sub Zero refrigerator and freezer, indulgent baths featuring Aquatic Century spa tubs with 8 jets, Grohe fixtures, Toto toilets and Steamist steam shower units. Hollywood-style electronics including HDTVs & Elan sound systems, soundproofing & surveillance systems. See Supplement This unit is fully furnished and turn key ready with trendy furnishings by Ligne Roset. One of the most unique features of this penthouse is the fourth story crow's nest which boasts unobstructed, sweeping vistas from La Jolla to Point Loma. This room can be used as an additional bedroom or is perfect for entertaining! From the moment you pass through the artful stainless steel front doors, you will want to live at 'South Beach'...San Diego style.

Last Agent to Sell the Property

Steve Springer

Compass License #01733282 Listed on: 05/22/2014

Compass

Last Buyer's Agent

Danny Davis

San Diego Brokerage License #01349327

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $29,926

Year Built

  • Built in 2006

Lot Details

  • Beach Front
  • Gated Home

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Gated Parking
  • Assigned Parking

Property Views

  • Ocean
  • Panoramic
  • City Lights

Home Design

  • Contemporary Architecture
  • Rolled or Hot Mop Roof
  • Metal Siding
  • Stucco Exterior

Interior Spaces

  • 1,476 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Home Security System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Full Size Washer or Dryer
  • Stacked Washer and Dryer

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

  • Gravity Heating System
  • Separate Water Meter
  • Water Filtration System
  • Tankless Water Heater
  • Prewired Cat-5 Cables
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 423-691-01-05

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, limited insurance, roof maintenance
  • 5 Units
  • 2999 Ocean Front Walk HOA, Phone Number (619) 528-4200
  • 2999 Ocean Front Walk Hoa Community

Amenities

  • Community Barbecue Grill

Property Details

Home Type

Condominium

Est. Annual Taxes

$29,926

Year Built

Built in 2006

Lot Details

0

HOA Fees

$650 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Architectural Style: Contemporary
  • Residential Styles: All Other Attached
  • Market Area: Coastal South
  • Cross Street: San Fernando Place
  • Neighborhood: South Mission Beach
  • Supplement: This unit is fully furnished and turn key ready with trendy furnishings by Ligne Roset. One of the most unique features of this penthouse is the fourth story crow's nest which boasts unobstructed, sweeping vistas from La Jolla to Point Loma. This room can be used as an additional bedroom or is perfect for entertaining! From the moment you pass through the artful stainless steel front doors, you will want to live at 'South Beach'...San Diego style.
  • Estimated Living Space: 1,000 to 1,499 SqFt
  • LP / Sq Ft: 1253.39
  • Price Per Sq Ft: 1067.07
  • Residential Unit Location: No Unit Above
  • SP/ Sq Ft: 1067.07
  • Stories: 2 Story
  • Stories In Building: 3
  • Ownership: Condominium, Fee Simple
  • Total Stories: 2
  • Year Built: 2006
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 5
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range/Oven, Refrigerator, Vacuum/Central, Washer, Water Filtration
  • Elevator: Yes
  • Walls: Drywall
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 15x12
  • Full Bathrooms: 3
  • Laundry Location: Closet Full Sized, Closet Stacked
  • Estimated Sq Ft: 1476
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Metal, Stucco
  • Fencing: Gate
  • Frontage: Ocean/Sand
  • Roof: Rolled/Hot Mop
  • View: Evening Lights, Ocean, Panoramic

Garage/Parking

  • Garage Details: Assigned, Attached, Gated
  • Garage Spaces: 1
  • Parking Spaces Total: 1

Utilities

  • Laundry Utilities: Electric, Gas
  • Security: Closed Circuit TV
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Tankless
  • Heating: Wall/Gravity
  • Heating Fuel: Electric
  • Telecommunications: Cable (coaxial), Computer (cat5), Security

Condo/Co-op/Association

  • Complex Name: 2999 Ocean Front Walk Hoa
  • Total Fees: 7800.0
  • Units In Building: 5
  • Total Number of Units: 5
  • Community: MISSION BEACH
  • Complex Features: BBQ
  • Home Owner Association: 2999 Ocean Front Walk HOA
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Limited Insurance, Roof Maintenance
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 650.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619-528-4200

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 3

Fee Information

  • Total Monthly Fees: 650

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 423-691-01-05
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Map Code Column: H
  • Map Code Page: 1267
  • Map Code Row: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2016
Sold by
Kaplan David R and Kaplan Robyn E
Bought by
Akma Llc
Total Days on Market
215
Current Estimated Value
$2,625,807

Purchase Details

Closed on
Apr 6, 2015
Sold by
Glassman Richard S and Glassman Lucy V
Bought by
Kaplan David R and Kaplan Robyn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.05%
Mortgage Type
Unknown

Purchase Details

Listed on
May 22, 2014
Closed on
Dec 29, 2014
Sold by
Ocean Pacific Xii Llc
Bought by
Glassman Richard S and Glassman Lucy
Seller's Agent
Steve Springer
Compass
Buyer's Agent
Danny Davis
San Diego Brokerage
List Price
$2,150,000
Sold Price
$1,575,000
Premium/Discount to List
-$575,000
-26.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%

Purchase Details

Closed on
Jun 16, 2014
Sold by
Molasky Andrew
Bought by
Ocean Pacific Xii Llc

Purchase Details

Closed on
Dec 18, 2008
Sold by
Ocean Pacific Xii Llc
Bought by
Molasky Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,975,000
Interest Rate
5.97%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 17, 2008
Sold by
Gph Daytona Rcc Land Llc
Bought by
Ocean Pacific Xii Llc

Purchase Details

Closed on
Mar 12, 2007
Sold by
Ocean Pacific Xii Llc
Bought by
Gph Daytona Rcc Land Llc
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 Type Sale Price Title Company
Grant Deed $3,997,000 Fidelity National Title
Grant Deed $1,850,000 Chicago Title Company
Grant Deed $1,575,000 Chicago Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- Chicago Title Company
Grant Deed $3,295,000 Chicago Title Company
Grant Deed $3,295,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $600,000 Unknown
Previous Owner $1,975,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2015 08/31/15 Sold $1,850,000 -7.3% $1,253 / Sq Ft
04/09/2015 04/09/15 For Sale $1,995,000 0.0% $1,352 / Sq Ft
03/25/2015 03/25/15 Pending -- -- --
01/27/2015 01/27/15 Price Changed $1,995,000 +7.8% $1,352 / Sq Ft
01/08/2015 01/08/15 For Sale $1,850,000 +17.5% $1,253 / Sq Ft
12/30/2014 12/30/14 Sold $1,575,000 -14.9% $1,067 / Sq Ft
12/23/2014 12/23/14 Pending -- -- --
08/15/2014 08/15/14 Price Changed $1,850,000 -14.0% $1,253 / Sq Ft
05/22/2014 05/22/14 For Sale $2,150,000 -- $1,457 / 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
2024 $29,926 $2,433,297 $1,798,906 $634,391
2023 $29,267 $2,385,586 $1,763,634 $621,952
2022 $28,488 $2,338,810 $1,729,053 $609,757
2021 $28,293 $2,292,951 $1,695,150 $597,801
2020 $27,948 $2,269,441 $1,677,769 $591,672
2019 $27,449 $2,224,943 $1,644,872 $580,071
2018 $25,660 $2,181,318 $1,612,620 $568,698
2017 $25,057 $2,138,548 $1,581,000 $557,548
2016 $21,767 $1,850,000 $1,500,000 $350,000
2015 $18,541 $1,575,000 $1,300,000 $275,000
2014 $21,261 $1,800,000 $1,530,000 $270,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 140027457

San Diego MLS

APN: 423-691-01-05