NOT LISTED FOR SALE

3239 Ocean Front Walk Unit 2 San Diego, CA 92109

Mission Beach Neighborhood

Estimated Value: $2,706,000 - $3,034,182

4 Beds
3 Baths
1,902 Sq Ft
$1,485/Sq Ft Est. Value

Last Sold October 30, 2012

Last sale price $2,800,000 $1,472 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $18,202/month

198 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Deck
  • Pacific Beach Elementary School Rated A-
  • Fireplace in Primary Bedroom
  • 4-minute walk to Mission Beach Pocket Park

About This Home

As of October 2012

Enjoy the Surf & Sand from this OCEANFRONT Townhome along the Boardwalk in the heart of Mission Beach! 3BR + Loft/optional 4th BR, 3 Baths, 3 Oceanfront Terraces including the private rooftop deck. Open & inviting floor plan with spacious Living/Dining/Kitchen with Direct Ocean Views. Oceanfront Master Suite with Rock Fireplace & Covered Balcony. Phenomenal Vacation Rental Income- Sold with existing reservations. Vacation Year-Round from this exciting locale in San Diego's most vibrant beach community. Superior to condominium comparables, this "twinhome" has no neighbors above or below, just one common wall. Well-maintained & updated, this property is casually comfortable & warm. Seller states 2011 Gross Rental Income approximately $200,000. Parking includes private 1 car garage + fully enclosed carport. Houses in the Mission Beach community are real estate, but the houses ON THE BEACH are ART! So few opportunities to be right on the beach exist, don't pass up this incredible opportunity! Buyer to verify all information, permits & measurements.

Last Agent to Sell the Property

Tugg Snowbarger

Grand Pacific Properties Group License #01311637 Listed on: 03/27/2012

Co-Listed By

Richard Neely

Grand Pacific Properties Group License #01264175

Last Buyer's Agent

Joshua Krause

Joshua Krause License #01352001

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $28,213

Year Built

  • Built in 1986

Lot Details

  • Beach Front
  • End Unit
  • Partially Fenced Property
  • Private Yard

Parking

  • 1 Car Attached Garage
  • Carport
  • Garage Door Opener

Property Views

  • Ocean
  • Panoramic

Home Design

  • Split Level Home
  • Twin Home
  • Rolled or Hot Mop Roof
  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 1,902 Sq Ft Home
  • 4-Story Property
  • Dining Area

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Outdoor Features

  • Balcony
  • Deck

Location

  • West of 5 Freeway

Utilities

  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 423-661-05-02

Community Details

Overview

  • Association fees include limited insurance, sewer, trash pickup, water
  • 2 Units
  • Oceana Gardens Association
  • Oceana Gardens Community

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$28,213

Year Built

Built in 1986

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: Twinhome
  • Market Area: Coastal South
  • Cross Street: Isthmus & Island
  • Neighborhood: Mission Beach
  • Supplement: Superior to condominium comparables, this "twinhome" has no neighbors above or below, just one common wall. Well-maintained & updated, this property is casually comfortable & warm. Seller states 2011 Gross Rental Income approximately $200,000. Parking inc
  • Estimated Living Space: 1,500 to 1,999 SqFt
  • LP / Sq Ft: 1732.39
  • Price Per Sq Ft: 1472.13
  • Residential Unit Location: No Unit Above or Below, End Unit
  • SP/ Sq Ft: 1472.14
  • Stories: Split Level
  • Stories In Building: 4
  • Ownership: Condominium
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Stone
  • Equipment Available: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplaces: 1
  • Fireplace: Fp In Master Br
  • Walls: Drywall
  • Searchable Rooms: Dining Area, Optional Bedrooms
  • Total Bedrooms: 4
  • Bedrooms: 3
  • Master Bedroom Dimensions: 16X13
  • Optional Bedrooms: 1
  • Full Bathrooms: 3
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 1902
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Frontage: Ocean/Sand
  • Patio: Balcony, Deck
  • Roof: Rolled/Hot Mop, Tile/Clay
  • View: Ocean, Panoramic, Panoramic Ocean
  • Three or more Steps To Entry: Yes
  • Exclusive Use Yard: Yes

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 1
  • Non Garage Parking: Carport
  • Garage Spaces: 1
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Gas
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Complex Name: Oceana Gardens
  • Pets Allowed: Yes
  • Units In Building: 2
  • Total Number of Units: 2
  • Community: MISSION BEACH
  • Home Owner Association: Oceana Gardens
  • Home Owner Association Fee Includes: Limited Insurance, Sewer, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Year
  • Home Owner Association Fees: 2900
  • Home Owner Association Phone: Self Managed

Association/Amenities

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

Fee Information

  • Total Monthly Fees: 242

Lot Info

  • Lot Size: 0 (Common Interest)
  • Site: West of I-5
  • Topography: Level
  • Zoning: 1
  • Assessor Parcel Number: 423-661-05-02
  • Map Code Column: H
  • Map Code Page: 1267
  • Map Code Row: 2

Tax Info

  • Assessor Parcel Number: 3239OCEANFRONT92109

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2012
Closed on
Oct 12, 2012
Sold by
Bustamante Mark
Bought by
Aalaei Behzad
Seller's Agent
Tugg Snowbarger
Grand Pacific Properties Group
Buyer's Agent
Joshua Krause
Joshua Krause
List Price
$3,295,000
Sold Price
$2,800,000
Premium/Discount to List
-$495,000
-15.02%
Total Days on Market
198
Current Estimated Value
$2,823,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,727
Avg. Annual Appreciation
-1.31%

Purchase Details

Closed on
Aug 19, 2002
Sold by
Harris Russell H and Elaine Harris A
Bought by
Bustamante Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.29%

Purchase Details

Closed on
Jun 10, 2002
Sold by
Harris Russell H and Elaine Harris A
Bought by
Harris Russell H and Elaine Harris A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.5%

Purchase Details

Closed on
May 7, 2002
Sold by
Harris Russell H and Elaine Harris A
Bought by
The Harris Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.5%

Purchase Details

Closed on
Aug 20, 1998
Sold by
Harris Russell H and Elaine Harris A
Bought by
Harris Russell and Elaine Harris A

Purchase Details

Closed on
Aug 8, 1997
Sold by
Harris Russell H and Elaine Harris A
Bought by
Harris Russell H and Elaine Harris A

Purchase Details

Closed on
Feb 27, 1997
Sold by
Buena Vista Investments
Bought by
Harris Russell H and Harris Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
3.95%

Purchase Details

Closed on
Feb 16, 1990
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
Aalaei Behzad $2,800,000 First American Title Company
Bustamante Mark $1,075,000 --
Harris Russell H -- Old Republic Title
The Harris Family Trust -- --
Harris Russell -- Stewart Title
Harris Russell H -- --
Harris Russell H $370,000 Stewart Title Co
-- $528,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bustamante Mark $1,770,000
Previous Owner Bustamante Mark $100,000
Previous Owner Bustamante Mark $1,300,000
Previous Owner Bustamante Mark $800,000
Previous Owner Bustamante Mark $650,000
Previous Owner Harris Russell H $650,000
Previous Owner Harris Russell $441,000
Previous Owner Harris Russell H $296,000
Closed Bustamante Mark $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2012 10/30/12 Sold $2,800,000 -15.0% $1,472 / Sq Ft
10/11/2012 10/11/12 Pending -- -- --
03/27/2012 03/27/12 For Sale $3,295,000 -- $1,732 / 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 $28,213 $2,293,828 $1,931,648 $362,180
2023 $27,592 $2,248,852 $1,893,773 $355,079
2022 $26,858 $2,204,758 $1,856,641 $348,117
2021 $26,673 $2,161,529 $1,820,237 $341,292
2020 $26,349 $2,139,366 $1,801,573 $337,793
2019 $25,878 $2,097,419 $1,766,249 $331,170
2018 $24,192 $2,056,294 $1,731,617 $324,677
2017 $23,623 $2,015,975 $1,697,664 $318,311
2016 $23,251 $1,976,447 $1,664,377 $312,070
2015 $22,908 $1,946,760 $1,639,377 $307,383
2014 $22,542 $2,812,712 $2,511,350 $301,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 120016098

San Diego MLS

APN: 423-661-05-02