NOT LISTED FOR SALE

Estimated Value: $2,028,000 - $5,331,000

6 Beds
5 Baths
3,112 Sq Ft
$1,255/Sq Ft Est. Value

Last Sold August 28, 2014

Last sale price $2,895,000 $930 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $24,230/month

18 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Gated Home
  • Level Lot
  • Pacific Beach Elementary School Rated A-
  • Multiple Phone Lines
  • 2-minute walk to Mission Beach Pocket Park

About This Home

As of August 2014

Rare opportunity to own this large bay front residence. Due to the manner in which it was built, it can be used as a 2-unit rental, or 2-unit rental with separate owner's suite, or can be used as 6-bed/5-bath single family home(by adding a door in the stairway) complete with five parking spaces. Meticulously maintained by the family, it has recently had added upgrades. With its perfect location on the bay and proximity to the ocean, shops & cafe's, this is by far the best property for sale at the beach!

Last Agent to Sell the Property

Rebecca Gerhardt

Rebecca E. Gerhardt, Broker License #01830020 Listed on: 06/27/2014

Last Buyer's Agent

Lisa Orlansky

Coldwell Banker Realty License #01333258

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $41,949

Year Built

  • Built in 1988

Lot Details

  • 3,219 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Gated Home
  • Partially Fenced Property
  • Level Lot

Parking

  • Alley Access

Property Views

  • Bay
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Clay Roof

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Multiple Phone Lines
  • Cable TV Available

Additional Features

  • 3-Story Property
  • West of 5 Freeway

Listing and Financial Details

  • Assessor Parcel Number 4236520200

Community Details

Overview

  • 2 Units
  • Duplex Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$41,949

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Kennebeck Court
  • Neighborhood: North Mission Beach
  • Miscellaneous: Value in Land
  • Stories: 3 Story
  • Sale Price List Price: 1.0
  • Total Stories: 3
  • Year Built: 1988
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Gate, Partial
  • Frontage: Bay
  • Roof: Tile/Clay
  • View: Bay, Evening Lights, Mountains/Hills, Panoramic

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial), Multiple Phones
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: duplex
  • Pets Allowed: Yes
  • Community: MISSION BEACH

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: 1-3,999 SF
  • Site: Alley Access, Public Street, Rear Yd Str Access, Sidewalks, Street Paved, West of I-5
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: 4
  • Assessor Parcel Number: 4236520200
  • Land Use Code: 2
  • Estimated Lot Dimensions: 40 x 80
  • Estimated Lot Sq Ft: 3219
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Estimated Number of Acres: 0.073
  • Map Code Column: J
  • Map Code Page: 1267
  • Map Code Row: 2

Multi Family

  • No. of Units: 2
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2014
Sold by
Robertson Mary Brumbaugh
Bought by
Charles & Randi Wax Family Trust and Wax Randi
Total Days on Market
18
Current Estimated Value
$3,907,081

Purchase Details

Closed on
Feb 8, 2012
Sold by
Brumbaugh Simon C and Brumbaugh Mary Louise
Bought by
Brumbaugh Simon C and Brumbaugh Mary Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,200
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2010
Sold by
Brumbaugh Simon C and Brumbaugh Mary Louise
Bought by
Brumbaugh Simon C and Brumbaugh Mary Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,600
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2003
Sold by
Brumbaugh Simon C and Brumbaugh Mary Louise
Bought by
Brumbaugh Simon C and Brumbaugh Mary Louise

Purchase Details

Closed on
Nov 6, 2002
Sold by
Brumbaugh Simon C and Brumbaugh Mary Louise
Bought by
Brumbaugh Simon C and Brumbaugh Mary Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.86%

Purchase Details

Closed on
May 2, 1995
Sold by
Brumbaugh Simon C and Brumbaugh Mary Louise
Bought by
Brumbaugh Simon C and Brumbaugh Mary Louise
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
Charles & Randi Wax Family Trust $2,895,000 Chicago Title Company
Brumbaugh Simon C -- Chicago Title Company
Brumbaugh Simon C -- Chicago Title Company
Brumbaugh Simon C -- Westminster Title Co Inc
Brumbaugh Simon C -- Westminster Title Company In
Brumbaugh Simon C -- --
Brumbaugh Simon C -- Commerce Title Company
Brumbaugh Simon C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wax Charles $1,500,000
Closed Wax Charles $1,700,000
Previous Owner Brumbaugh Simon C $261,200
Previous Owner Brumbaugh Simon C $273,600
Previous Owner Brumbaugh Simon C $427,150
Previous Owner Brumbaugh Simon C $460,000
Previous Owner Brumbaugh Simon C $351,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2014 08/28/14 Sold $2,895,000 0.0% $930 / Sq Ft
07/15/2014 07/15/14 Pending -- -- --
06/27/2014 06/27/14 For Sale $2,895,000 -- $930 / 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 $41,949 $3,411,125 $2,827,880 $583,245
2023 $41,025 $3,344,241 $2,772,432 $571,809
2022 $39,933 $3,278,669 $2,718,071 $560,598
2021 $39,658 $3,214,382 $2,664,776 $549,606
2020 $39,175 $3,181,423 $2,637,452 $543,971
2019 $38,476 $3,119,043 $2,585,738 $533,305
2018 $35,967 $3,057,887 $2,535,038 $522,849
2017 $80 $2,997,930 $2,485,332 $512,598
2016 $34,572 $2,939,148 $2,436,600 $502,548
2015 $34,061 $2,895,000 $2,400,000 $495,000
2014 $4,476 $375,314 $128,777 $246,537
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 140034889

San Diego MLS

APN: 423-652-02