NOT LISTED FOR SALE

3854 Via Del Mar San Diego, CA 92130

Carmel Valley Neighborhood

Estimated Value: $2,567,000 - $2,786,000

4 Beds
2 Baths
1,450 Sq Ft
$1,869/Sq Ft Est. Value

Last Sold April 15, 2022

Last sale price $2,265,000 $1,562 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $16,646/month

25 Days on Market

Highlights

  • 1.02 Acre Lot
  • No HOA
  • Laundry Room
  • Carmel Valley Middle School Rated A+
  • Cul-De-Sac
  • Gentle Sloping Lot

About This Home

As of April 2022

1 acre parcel located on a double cul-de-sac with stunning SW views and exposure looking towards Torrey Pines State Reserve. West of Del Mar Mesa located near Torrey View Estates. Del Mar Union School district & San Dieguito Union HS district. Currently configured as a duplex and surrounded by large luxury estates. Beaches, hiking trails and shopping are a short drive. One Paseo is less than 3 miles. Seller reserves the right to do a 1031 exchange with no expense to the buyer.

Last Agent to Sell the Property

Jim Cheeseman

Cheeseman Realty Group License #01265543 Listed on: 02/03/2022

Last Buyer's Agent

Michael Libutti

Class Realty Group License #01995758

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,221

Year Built

  • Built in 1945

Lot Details

  • 1.02 Acre Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Rural Setting
  • Gentle Sloping Lot
  • Value in Land

Home Design

  • 1,450 Sq Ft Home
  • Duplex

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 8 Open Parking Spaces
  • 10 Parking Spaces
  • 2 Carport Spaces

Utilities

  • No Heating
  • Shared Septic

Listing and Financial Details

  • Tax Lot 307-062-04-00
  • Tax Tract Number 8119
  • Assessor Parcel Number 3070620400

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $728
  • Professional Management Expense $3,000
  • New Taxes Expense $10,220
  • Operating Expense $13,948
  • Gross Income $61,440
  • Net Operating Income $47,470

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,221

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 2.14
  • Price Per Unit: 1132500
  • Professional Management Expense: 3000.00
  • Property Attached: Yes
  • View: No
  • Zoning: Agricultural
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 3070620400
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Price Per Square Foot: 1562.07

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 8.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Dryer Included, Outside, Propane Dryer Hookup, Washer Included
  • Sewer: Shared Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Land Lease: No
  • Lot Features: Cul-De-Sac, Gentle Sloping, Lot Over 40000 Sqft, Value In Land
  • Lot Size Sq Ft: 44431.00
  • Lot Size Acres: 1.0200

Multi Family

  • Gross Income: 61440.00
  • Gross Scheduled Income: 61440.00
  • Insurance Expense: 728.00
  • Lot Size Area: 44431.0000 Square Feet
  • Net Operating Income: 47470.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 13948.00
  • Rent Control: No
  • Total Actual Rent: 5120.00
  • Total Expenses: 13948.00

Tax Info

  • New Taxes Expense: 10220.00
  • Tax Lot: 307-062-04-00
  • Tax Tract Number: 08119

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
May 24, 2022
Sold by
Libutti Living Trust
Bought by
Crg Properties Llc
Seller's Agent
Jim Cheeseman
Cheeseman Realty Group
Buyer's Agent
Michael Libutti
Class Realty Group
List Price
$2,350,000
Sold Price
$2,265,000
Premium/Discount to List
-$85,000
-3.62%
Current Estimated Value
$2,669,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,384
Avg. Annual Appreciation
3.78%
Original Mortgage
$1,812,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 3, 2022
Closed on
Apr 1, 2022
Sold by
Ross Family Trust
Bought by
Libutti Living Trust
Seller's Agent
Jim Cheeseman
Cheeseman Realty Group
Buyer's Agent
Michael Libutti
Class Realty Group
List Price
$2,350,000
Sold Price
$2,265,000
Premium/Discount to List
-$85,000
-3.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,812,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2009
Sold by
Rhett Leigh C and Rhett Runping Zheng
Bought by
Leigh C Rhett Declaration Of Trust
Source: Public Records

Range of Values:

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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
Crg Properties Llc -- None Listed On Document
Leigh C Rhett Declaration Of Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Libutti Living Trust $1,812,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2022 04/15/22 Sold $2,265,000 0.0% $1,562 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/28/2022 02/28/22 Price Changed $2,265,000 -3.6% $1,562 / Sq Ft
02/23/2022 02/23/22 For Sale $2,350,000 0.0% $1,621 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $2,350,000 -- $1,621 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $25,221 $2,403,635 $2,334,657 $68,978
2024 $25,221 $2,356,506 $2,288,880 $67,626
2023 $24,666 $2,310,300 $2,244,000 $66,300
2022 $10,517 $960,425 $921,567 $38,858
2021 $10,130 $960,425 $921,567 $38,858
2020 $10,219 $950,578 $912,118 $38,460
Source: Public Records

Agents Affiliated with this Home

  • Jim Cheeseman

    Seller's Agent in 2022

    Jim Cheeseman

    Cheeseman Realty Group

    (760) 944-9570

    1 in this area

    13 Total Sales

    Section Image
  • Michael Libutti

    Buyer's Agent in 2022

    Michael Libutti

    Class Realty Group

    (858) 220-4295

    1 in this area

    61 Total Sales

    Section Image
  • Greg Robertson

    Buyer Co-Listing Agent in 2022

    Greg Robertson

    Class Realty Group, Inc.

    (858) 333-2422

    1 in this area

    55 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2201026

California Regional Multiple Listing Service (CRMLS)

APN: 307-062-04

California San Diego County San Diego 92130 Carmel Valley

3854 Via Del Mar, San Diego, CA

This home is located at 3854 Via Del Mar, San Diego, CA 92130 since 03 February 2022 and is currently estimated at $2,709,854, approximately $1,868 per square foot. This property was built in 1945. 3854 Via Del Mar is a home located in San Diego County with nearby schools including Ocean Air Elementary School, Carmel Valley Middle School, and Torrey Hills High School.

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.

California Regional Multiple Listing Service (CRMLS) 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

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