NOT LISTED FOR SALE

Estimated Value: $1,722,000 - $1,979,000

4 Beds
3 Baths
1,812 Sq Ft
$1,044/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $1,190,000 $657 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $11,160/month

Highlights

  • RV Access or Parking
  • Wood Flooring
  • Double Pane Windows
  • Carlsbad High School Rated A
  • Granite Countertops
  • Living Room

About This Home

As of December 2020

Wow! West of 5 frwy and 10 minutes walking distance to the beach and Carlsbad village! Here's an excellent chance to either live in one unit and rent out the other one or keep it as an investment property getting premium rents. Both front and back units have been remodeled with the front unit being a 3 bedroom 2 bath, roomy kitchen area with granite counters, newer appliances and tons of cabinet space. A mix of wood and tile floors and arched openings give the charm and decorative touches not found in most homes. Inside laundry with washer and dryer hookups complete the usable living areas. The back unit is a 1 bed 1 bath also remodeled with newer appliances and separate laundry room and storage situated on a private back lot with alley access with lots of room for parking or RV you pick!

Last Agent to Sell the Property

Keith Elliott

Coldwell Banker Realty License #01097485 Listed on: 10/29/2020

Coldwell Banker Realty

Last Buyer's Agent

Maria Alvirde

RE/MAX Real Estate Services License #01309799

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,573

Year Built

  • Built in 1935 | Remodeled

Lot Details

  • 6,813 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Chain Link Fence
  • Landscaped
  • Level Lot
  • Back and Front Yard

Home Design

  • Entry on the 1st floor
  • Raised Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,812 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Carport Spaces
  • Public Parking
  • Parking Available
  • Private Parking
  • Driveway
  • On-Street Parking
  • RV Access or Parking

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage
  • Outbuilding
  • Rain Gutters

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 775
  • Assessor Parcel Number 2040821700

Community Details

Overview

  • 2 Buildings
  • 2 Units

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Pets Allowed

Building Details

  • 2 Leased Units
  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $699
  • Trash Expense $554
  • Water Sewer Expense $554
  • Operating Expense $4,378
  • Gross Income $60,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,573

Year Built

Built in 1935 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 5.00
  • Property Attached: No
  • Road Surface Type: Paved, Unpaved
  • Water Sewer Expenses: 554.00
  • Zoning: R-3 As per seller but su
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 2040821700
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 656.73
  • Room Type: Kitchen, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Concrete Perimeter, Raised
  • Other Structures: Outbuilding, Storage
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco, Wood Siding

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Private, Public, RV Access/Parking, RV Gated, Street
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Refrigerator, Water Heater
  • Heating Type: Natural Gas
  • Laundry Features: Inside
  • Trash Expense: 554.00
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Pets Permitted
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Biking, Park

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Level with Street, Level
  • Lot Size Sq Ft: 6813.00
  • Lot Size Acres: 0.1500

Multi Family

  • Gross Income: 60300.00
  • Gross Scheduled Income: 60300.00
  • Insurance Expense: 699.00
  • Lot Size Area: 6813.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 2570.00
  • Rent Control: Yes
  • Total Expenses: 4378.00

Tax Info

  • Tax Lot: 19
  • Tax Tract Number: 775

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Nov 3, 2020
Sold by
Wahlrab Erik and Wahlrab April
Bought by
Voss Karl Joseph and Newport Rachel
Seller's Agent
Keith Elliott
Coldwell Banker Realty
Buyer's Agent
Maria Alvirde
RE/MAX Real Estate Services
List Price
$1,200,000
Sold Price
$1,190,000
Premium/Discount to List
-$10,000
-0.83%
Current Estimated Value
$1,891,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$701,549
Avg. Annual Appreciation
8.20%
Original Mortgage
$892,500
Outstanding Balance
$797,814
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$939,037

Purchase Details

Closed on
Dec 5, 2014
Sold by
Wahlrab April
Bought by
The Wahirab Family Trust and Wahirab April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2007
Sold by
Wahlrab Erik and Wahlrab April
Bought by
Wahlrab Erik and Wahlrab April

Purchase Details

Closed on
Jun 13, 2007
Sold by
Mier Monica P
Bought by
Wahlrab Erik and Wahlrab April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,450
Interest Rate
6.11%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 25, 1997
Sold by
Cienega Petra G and Cienega Alberta A
Bought by
Mier Monica P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Interest Rate
7.96%
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
Voss Karl Joseph $1,190,000 Equity Title San Diego
The Wahirab Family Trust -- Title 365
Wahlrab April -- Title 365
Wahlrab Erik -- None Available
Wahlrab Erik $625,000 California Title Company
Mier Monica P $105,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Voss Karl Joseph $892,500
Previous Owner Wahlrab April $533,850
Previous Owner Wahlrab Erik $62,450
Previous Owner Wahlrab Erik $500,000
Previous Owner Mier Monica P $99,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2020 12/08/20 Sold $1,190,000 -0.8% $657 / Sq Ft
10/29/2020 10/29/20 For Sale $1,200,000 -- $662 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
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 $13,573 $1,288,093 $1,082,432 $205,661
2024 $13,573 $1,262,837 $1,061,208 $201,629
2023 $13,495 $1,238,076 $1,040,400 $197,676
2022 $13,288 $1,213,800 $1,020,000 $193,800
2021 $13,189 $1,190,000 $1,000,000 $190,000
2020 $8,403 $750,626 $600,502 $150,124
2019 $8,252 $735,909 $588,728 $147,181
2018 $7,907 $721,481 $577,185 $144,296
2017 $7,482 $680,000 $409,000 $271,000
2016 $6,481 $600,000 $361,000 $239,000
2015 $6,284 $575,000 $346,000 $229,000
2014 $5,499 $500,000 $301,000 $199,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2001965

California Regional Multiple Listing Service (CRMLS)

APN: 204-082-17