NOT LISTED FOR SALE

Estimated Value: $5,616,000 - $7,138,000

5 Beds
3.5 Baths
2,995 Sq Ft
$2,180/Sq Ft Est. Value

Last Sold March 22, 2022

Last sale price $5,900,000 $1,970 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $42,304/month

16 Days on Market

Highlights

  • Ocean View
  • Solar Power System
  • Fireplace in Primary Bedroom
  • Pacific Beach Elementary School Rated A-
  • Gated Parking
  • 3-minute walk to Mission Beach Pocket Park

About This Home

As of March 2022

One of a limited number of Ocean Front single family homes. This beautiful 5br/4ba custom built by seller offers designer features, soaring ceilings, & inspiring views. It is currently used as a Vacation rental, with approx $411-479K anticipated gross income this year (range from two professional management companies analysis) Nightly rates are currently $2200-2500. Well appointed with limestone & reclaimed teak flooring, Van Gogh granite, Viking & Sub Zero appliances. The open-concept great room will welcome your guests & is an entertainers delight. Private 2nd floor master with spa deck awaits. 2 car side by side garage plus gated small parking space. (see supplement and virtual tour) Notable features: Solar panels, A/C, Central Vacuum, Whole House Water Filtration, Tankless Water Heater, 2nd Floor Built-in ocean view Spa on private deck,Built-in Safe, Dual Refrigerators, Viking and Sub-Zero Appliances, Master Bath Steam Shower. 2 Jack & Jill Baths. Custom built for current owners. Furnishing convey. Turnkey and ready. Buyer to source their own projections. Income report available upon request.

Last Listed By

Bob Ruane

Compass License #01073889 Listed on: 01/17/2022

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,105

Year Built

  • Built in 2009

Lot Details

  • 2,712 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot
  • Property is zoned MB-RS

Parking

  • 2 Car Attached Garage
  • Carport
  • Garage Door Opener
  • Gated Parking

Property Views

  • Ocean
  • Coastline
  • Panoramic

Home Design

  • Split Level Home
  • Spanish Tile Roof
  • Rolled or Hot Mop Roof
  • Stucco Exterior

Interior Spaces

  • 2,995 Sq Ft Home
  • Built-In Features
  • Living Room with Fireplace
  • 3 Fireplaces

Kitchen

  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Jack-and-Jill Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Pool Equipment or Cover
  • Outdoor Fireplace
  • Outdoor Grill

Utilities

  • Cooling Available
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 423-625-03-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,105

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Coastal South
  • Cross Street: San Luis Obispo
  • Neighborhood: Mission Beach
  • Supplement: Notable features: Solar panels, A/C, Central Vacuum, Whole House Water Filtration, Tankless Water Heater, 2nd Floor Built-in ocean view Spa on private deck,Built-in Safe, Dual Refrigerators, Viking and Sub-Zero Appliances, Master Bath Steam Shower. 2 Jack & Jill Baths. Custom built for current owners. Furnishing convey. Turnkey and ready. Buyer to source their own projections. Income report available upon request.
  • LP / Sq Ft: 2136.56
  • Price Per Sq Ft: 1969.95
  • SP/ Sq Ft: 1969.95
  • Stories: Split Level
  • Ownership: Fee Simple
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Disposal, Garage Door Opener, Microwave, Pool/Spa/Equipment, Solar Panels, Gas Stove, Range/Stove Hood, Barbecue, Built-In
  • Fireplaces: 3
  • Fireplace: Fp In Living Room, Fp In Master Br, Patio/Outdoors
  • Searchable Rooms: Master Bedroom, Jack & Jill, Master Bathroom
  • Total Bedrooms: 5
  • Bedrooms: 5
  • Master Bedroom Dimensions: 20x15
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 2995
  • Total Bathrooms: 4

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Rolled/Hot Mop, Spanish Tile
  • View: Ocean, Panoramic, Coastline

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Non Garage Parking: Carport, Gated
  • Garage Spaces: 1
  • Parking Spaces Total: 3

Utilities

  • Cooling: Central Forced Air, Electric
  • Laundry Utilities: Electric, Gas
  • Sewer/Septic: Sewer Connected, Public Sewer
  • Water: Meter on Property
  • Heating: Fireplace, Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Community: MISSION BEACH

Lot Info

  • Lot Size: 1-3,999 SF
  • Topography: Level
  • Zoning: MB-RS
  • Assessor Parcel Number: 423-625-03-00
  • Estimated Lot Sq Ft: 2712
  • Estimated Number of Acres: 0.06
  • Map Code Column: H
  • Map Code Page: 1267
  • Map Code Row: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2022
Closed on
Feb 7, 2022
Sold by
Robert V Lester And Jill M Lester Family
Bought by
Hancock Ryan and Hancock Ashley M
Seller's Agent
Bob Ruane
Compass
Buyer's Agent
Bob Ruane
Compass
List Price
$6,399,000
Sold Price
$5,900,000
Premium/Discount to List
-$499,000
-7.8%
Total Days on Market
16
Current Estimated Value
$6,528,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$628,889
Avg. Annual Appreciation
3.23%
Original Mortgage
$3,500,000
Outstanding Balance
$3,272,835
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$3,256,054

Purchase Details

Closed on
Jul 13, 2013
Sold by
Lester Robert V and Lester Jill M
Bought by
Lester Robert and Lester Jill M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,562,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2009
Sold by
Lester Robert V and Lester Jill M
Bought by
Lester Robert and Lester Jill M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,793,200
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2008
Sold by
Donald Kanter Family Lp
Bought by
Lester Robert and Lester Jill M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
5.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2005
Sold by
Hardknocks Lp
Bought by
Donald Kanter Family Lp

Purchase Details

Closed on
Dec 17, 2004
Sold by
Griffing Michon C
Bought by
Hardknocks Lp

Purchase Details

Closed on
Jun 26, 1998
Sold by
Griffing Michon C
Bought by
Griffing Michon C

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
Hancock Ryan $5,900,000 Chicago Title
Lester Robert -- Accommodation
Lester Robert -- Multiple
Lester Robert -- Chicago Title Company
Lester Robert $2,850,000 Chicago Title Company
Donald Kanter Family Lp $2,750,000 First American Title
Hardknocks Lp $2,200,000 Equity Title Company San Die
Griffing Michon C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hancock Ryan $3,500,000
Previous Owner Lester Robert V $4,000,000
Previous Owner Lester Robert $1,562,000
Previous Owner Lester Robert $1,648,265
Previous Owner Lester Robert $1,793,200
Previous Owner Lester Robert $1,949,000
Previous Owner Lester Robert $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2022 03/22/22 Sold $5,900,000 -7.8% $1,970 / Sq Ft
02/05/2022 02/05/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $6,399,000 -- $2,137 / 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 $69,105 $5,623,000 $4,812,000 $811,000
2023 $68,715 $5,605,000 $4,797,000 $808,000
2022 $50,042 $4,117,258 $3,354,111 $763,147
2021 $49,697 $4,036,529 $3,288,345 $748,184
2020 $49,104 $3,995,141 $3,254,628 $740,513
2019 $48,225 $3,916,806 $3,190,812 $725,994
2018 $45,079 $3,840,007 $3,128,248 $711,759
2017 $80 $3,764,713 $3,066,910 $697,803
2016 $43,331 $3,690,896 $3,006,775 $684,121
2015 $42,690 $3,635,456 $2,961,611 $673,845
2014 $42,001 $3,564,244 $2,903,598 $660,646
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220001000

San Diego MLS

APN: 423-625-03