NOT LISTED FOR SALE
6 Beds
4 Baths
2,788 Sq Ft
3,964 Sq Ft Lot

Sale Details

Date Sold: May 17, 2016

Last sale price $989,000 $355 Per Sq Ft

2 Days on Market

Highlights

  • Ocean Side of Highway 1
  • Central Heating
  • 5-minute walk to Lantern Village Community Park
  • Marco Forster Middle School Rated A-
  • 3 Car Garage

About This Home

As of May 2016

Tremendous opportunity to own a Dana Point duplex in the heart of the Lantern Village and walking distance to take in all the sites/new restaurants/venues popping up during the stunning downtown/harbor redevelopment! Nestled between the multi-million dollar Strand (North) and Marblehead (South) developments, Dana Point is rapidly emerging as South county's hottest new destination with the Dana Point Planning Commission approving yet another blockbuster mixed use (commercial/retail/residential) project on the corner of Golden Lantern and PCH on 2/26/2016! Currents rents below market/month to month and proforma figures subject to unit upgrades/enhancements. Please see attached flyer which includes floor plan/configuration and financial projections.

Last Agent to Sell the Property

Andrea Ballesteros

Coldwell Banker Realty License #01246320 Listed on: 03/15/2016

Coldwell Banker Realty

Last Buyer's Agent

Andrea Ballesteros

Coldwell Banker Realty License #01246320 Listed on: 03/15/2016

Coldwell Banker Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 3,964 Sq Ft Lot
  • 1 Common Wall

Parking

  • 3 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Property Attached

Interior Spaces

  • 2,788 Sq Ft Home
  • Living Room with Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Ocean Side of Highway 1
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 21
  • Tax Tract Number 857
  • Assessor Parcel Number 68229221

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,547
  • Trash Expense $352
  • Water Sewer Expense $1,200
  • New Taxes Expense $12,365
  • Gross Income $3,800

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

3,964 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Lantern Village South (LDS)
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 68229221
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 354.73

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Trash Expense: 352.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 3964.00
  • Price Per Lot Square Foot: 249.50
  • Lot Size Acres: 0.0910

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 3800.00
  • Gross Scheduled Income: 45600.00
  • Insurance Expense: 1547.00
  • Lot Size Area: 3964.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • New Taxes Expense: 12365.00
  • Tax Lot: 21
  • Tax Tract Number: 857

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Outstanding Balance
$561,663
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2017
Sold by
Bought by

Purchase Details

Listed on
Mar 15, 2016
Closed on
May 11, 2016
Sold by
Bought by
Seller's Agent
Andrea Ballesteros
Coldwell Banker Realty
Buyer's Agent
Andrea Ballesteros
Coldwell Banker Realty
List Price
$989,000
Sold Price
$989,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$692,300
Interest Rate
4.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 17, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$692,300
Interest Rate
4.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 26, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
5.14%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lantern Village, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Pacific Coast Title Company
-- Pacific Coast Title Company
-- Accommodation
-- Fidelity National Title
-- Accommodation
$989,000 Fidelity National Title
-- First American Title Company
-- Accommodation
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $632,000
Previous Owner $692,300
Previous Owner $271,315
Previous Owner $294,000
Previous Owner $287,000
Previous Owner $125,000
Previous Owner $80,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/17/2016 05/17/16 Sold $989,000 0.0% $355 / Sq Ft
03/11/2016 03/11/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $989,000 -- $355 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $13,850 $1,194,187 $1,003,355 $190,832
2025 $13,561 $1,170,772 $983,681 $187,091
2024 $13,561 $1,147,816 $964,393 $183,423
2023 $13,052 $1,125,310 $945,483 $179,827
2022 $12,684 $1,103,246 $926,945 $176,301
2021 $12,444 $1,081,614 $908,769 $172,845
2020 $12,358 $1,070,524 $899,451 $171,073
2019 $12,101 $1,049,534 $881,815 $167,719
2018 $11,793 $1,028,955 $864,524 $164,431
2017 $11,640 $1,008,780 $847,573 $161,207
2016 $4,799 $375,120 $194,521 $180,599
2015 $4,651 $369,486 $191,599 $177,887
2014 $4,579 $362,249 $187,846 $174,403
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG16049397

California Regional Multiple Listing Service (CRMLS)

APN: 682-292-21

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