Seller's Agent in 2020
Damien Breaux
Morgan Skenderian
(949) 584-0503
3 in this area
33 Total Sales
33346 Cheltam Way Unit 1 Dana Point, CA 92629
Estimated Value: $873,000 - $1,097,000
6
Beds
4
Baths
3,731
Sq Ft
$270/Sq Ft
Est. Value
About This Home
As of December 2020We are pleased to offer 33346 Cheltam Way, a property comprised of three individually parceled, 3-bedroom condominiums, located in one of the most desirable rental locations in the quaint seaside city of Dana Point. Situated atop the rim of a canyon, the subject property offers sweeping views from two of the units. The two 3-bedroom townhome-style units provide residents with oversized private yards, while the upstairs 3-bedroom/2-bathroom unit includes a large patio deck. All units have a double-car garage (2 units with direct-access), fireplaces, and washer/dryer hookups. Cheltam Way is located in close proximity to the harbor (which is approved for a $330 million renovation), and the newly upgraded Lantern District with fresh dining, shopping and entertainment options and numerous parks and schools. This investment opportunity offers tremendous rental upside for long-term growth with the option to sell off condos individually. This property can be sold separately, or together with 24851 Sherwood Way, Dana Point, which is located around the corner in the same neighborhood.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,729
Year Built
- Built in 1977
Lot Details
- 1,000 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
- 939-470-64,939-470-65
Parking
- 6 Open Parking Spaces
- 6 Car Garage
Interior Spaces
- 3,731 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 93947063
Community Details
Overview
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Gardener Expense $900
- Insurance Expense $1,492
- Maintenance Expense $3,579
- Other Expense $1,750
- New Taxes Expense $15,670
- Operating Expense $25,851
- Gross Income $71,586
- Net Operating Income $44,944
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 10, 2020
Closed on
Dec 16, 2020
Sold by
Delt Properties Llc
Bought by
1120 Via Callejon Llc
Seller's Agent
Damien Breaux
Morgan Skenderian
Buyer's Agent
Mehdi Taghiei
Mehdi Taghiei, Broker
List Price
$1,595,000
Sold Price
$1,500,000
Premium/Discount to List
-$95,000
-5.96%
Total Days on Market
254
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$491,999
Avg. Annual Appreciation
-2.74%
Purchase Details
Closed on
Feb 22, 2017
Sold by
Mont Daniel H La and Fogarty Tamara M
Bought by
Delt Properties Llc
Purchase Details
Closed on
Dec 19, 2016
Sold by
Lamont Daniel H and Fogarty Tamara M
Bought by
Delt Properties Llc
Purchase Details
Closed on
Jun 13, 2016
Sold by
Cowgill Bruce
Bought by
Lamont Daniel H and Fogarty Tamara M
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
3.54%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1120 Via Callejon Llc | $1,500,000 | Ticor Title Company Of Ca | |
| Delt Properties Llc | -- | Lawyers Title | |
| Delt Properties Llc | -- | Accommodation | |
| Lamont Daniel H | $1,350,000 | Lawyers Title Insurance Corp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lamont Daniel H | $625,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/28/2020 12/28/20 | Sold | $1,500,000 | -3.2% | $402 / Sq Ft |
| 07/16/2020 07/16/20 | Price Changed | $1,550,000 | -2.8% | $415 / Sq Ft |
| 02/10/2020 02/10/20 | For Sale | $1,595,000 | -- | $427 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $6,729 | $555,490 | $464,110 | $91,380 |
| 2023 | $6,425 | $544,599 | $455,010 | $89,589 |
| 2022 | $6,296 | $533,921 | $446,088 | $87,833 |
| 2021 | $5,932 | $523,452 | $437,341 | $86,111 |
| 2020 | $5,720 | $501,420 | $419,329 | $82,091 |
| 2019 | $5,826 | $491,589 | $411,107 | $80,482 |
| 2018 | $5,662 | $481,950 | $403,046 | $78,904 |
| 2017 | $5,517 | $472,500 | $395,143 | $77,357 |
| 2016 | $2,572 | $183,755 | $73,507 | $110,248 |
| 2015 | $2,169 | $180,995 | $72,403 | $108,592 |
| 2014 | $2,135 | $177,450 | $70,985 | $106,465 |
Source: Public Records
Agents Affiliated with this Home
-
Damien Breaux
-
Mehdi Taghiei
Buyer's Agent in 2020
Mehdi Taghiei
Mehdi Taghiei, Broker
(949) 510-6616
3 in this area
34 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20030091
APN: 939-470-63
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 33371 Cheltam Way Unit 3
- 33371 Cheltam Way Unit 2
- 33551 Sandcastle Ct
- 33144 Ocean Ridge
- 33121 Ocean Ridge
- 33616 Rising Tide Ct
- 33046 Ocean Ridge
- 24642 Sunrise Ct Unit 77
- 24926 Sea Crest Dr
- 24612 Harbor View Dr Unit 55C
- 24872 Dana Point Dr
- 24976 Sea Crest Dr
- 33611 Dana Vista Dr Unit 31
- 24942 Catherine Way
- 33282 Marina Vista Dr
- 24431 Stonehill Dr
- 33772 Copper Lantern St Unit B
- 33781 Copper Lantern St
- 24401 Lantern Hill Dr Unit E
- 24616 Polaris Dr Unit 272
- 33346 Cheltam Way
- 33346 Cheltam Way Unit 2
- 33346 Cheltam Way Unit 1
- 33346 Cheltam Way Unit 3
- 33352 Cheltam Way Unit A
- 33352 Cheltam Way Unit D
- 33352 Cheltam Way
- 33342 Cheltam Way
- 33356 Cheltam Way # D
- 33356 Cheltam Way Unit C
- 33356 Cheltam Way
- 33361 Cheltam Way Unit D
- 33361 Cheltam Way Unit B
- 33361 Cheltam Way Unit C
- 33361 Cheltam Way
- 33332 Nottingham Way Unit 2
- 33332 Nottingham Way Unit 1
- 33332 Nottingham Way Unit 3
- 33332 Acapulco Dr
- 33342 Nottingham Way Unit C