NOT LISTED FOR SALE

4016 Garfield St Carlsbad, CA 92008

Estimated Value: $5,546,776 - $6,440,000

4 Beds
3 Baths
5,000 Sq Ft
$1,173/Sq Ft Est. Value

Last Sold November 25, 2022

Last sale price $5,200,000 $1,040 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $37,240/month

602 Days on Market

Highlights

  • Ocean Front
  • Private Pool
  • Furnished
  • Carlsbad High School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of November 2022

White Water Ocean View from Oceanside to La Jolla. Front Patio With Fire Table & Bar. Rear Deck With Fire Pit. Hand Carved Front Door, Etched Glass Windows, Granite , Slate, Wood Flooring. This property is located in one of the most desirable areas of Carlsbad. Optional 1 bedroom, 1 bath With Kitchen guest/maid unit. Property also has a six car subterranean garage with a 300 sq ft storage/utility room. Bike or walk to restaurants, downtown, shopping. Furniture Included. Owner May Carry. 2018 Sch.E $278,000 [Supplement]: Income For 2019 Tax Filing Schedule E - $256,000 Income. White Water Ocean View from Oceanside to La Jolla. Front Patio With Fire Table & Bar. Rear Deck With Fire Pit. Hand Carved Front Door, Etched Glass Windows, Granite , Slate, Wood Flooring. This property is located in one of the most desirable areas of Carlsbad. Property also has a six car subterranean garage with a 200 sq ft storage/utility room. Bike or walk to restaurants, downtown, shopping. Furniture Included. Owner May Carry.

Last Agent to Sell the Property

Bill Daly

Daly & Associates License #01171836 Listed on: 12/26/2020

Last Buyer's Agent

Dana Rasmussen

David Lyng Real Estate License #01102286

David Lyng Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $56,452

Year Built

  • Built in 2007

Lot Details

  • 7,500 Sq Ft Lot
  • Ocean Front
  • No Common Walls
  • Partially Fenced Property
  • Sprinklers on Timer

Parking

  • 6 Car Direct Access Garage
  • Parking Available
  • Combination Of Materials Used In The Driveway

Property Views

  • Ocean
  • Panoramic

Home Design

  • Turnkey
  • Block Foundation
  • Fire Rated Drywall
  • Concrete Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 5,000 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Family Room with Fireplace

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 2060800200
  • Tax Tract Number 206080
  • Assessor Parcel Number 2060800200

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $300
  • Insurance Expense $200
  • Trash Expense $50
  • Water Sewer Expense $50
  • New Taxes Expense $4,100
  • Operating Expense $38,000
  • Gross Income $205,600
  • Net Operating Income $189,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$56,452

Year Built

Built in 2007

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • CapRate: 3.00
  • Price Per Unit: 3048300
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire Rated Drywall, Smoke Detector(s)
  • Subdivision Name Other: CARLSBAD WEST
  • View: Yes
  • Water Sewer Expenses: 50.00
  • Zoning: R-2:Minor
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 2060800200
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Furnished
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Concrete, Wood
  • Appliances: Yes
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 1040.00

Exterior Features

  • Foundation: Stacked Block
  • View: Ocean, Panoramic
  • Fence: Yes
  • Fencing: Partial
  • Pool Private: Yes
  • Roof: Concrete
  • Spa: No
  • Construction Materials: Stone, Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway - Combination, Garage, Oversized, Private
  • Total Parking Spaces: 6.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Fireplace(s), Forced Air, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Trash Expense: 50.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers Timer
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722

Multi Family

  • Electric Expense: 300.00
  • Gross Income: 205600.00
  • Gross Multiplier: 3.00
  • Gross Scheduled Income: 205600.00
  • Insurance Expense: 200.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 7500.0000 Square Feet
  • Net Operating Income: 189600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 3
  • Number With Drapes: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 6000.00
  • Rent Control: No
  • Total Actual Rent: 205600.00
  • Total Expenses: 38000.00
  • Waterfront Features: Ocean Front

Tax Info

  • New Taxes Expense: 4100.00
  • Tax Lot: 2060800200
  • Tax Tract Number: 206080

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2020
Closed on
Oct 28, 2022
Sold by
D-Elia Family Trust
Bought by
Remi Racing Llc
Seller's Agent
Bill Daly
Daly & Associates
Buyer's Agent
Dana Rasmussen
David Lyng Real Estate
List Price
$5,496,600
Sold Price
$5,200,000
Premium/Discount to List
-$296,600
-5.4%
Views
18
Current Estimated Value
$5,862,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$662,925
Avg. Annual Appreciation
4.74%
Original Mortgage
$3,200,000
Outstanding Balance
$3,101,205
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$2,761,720

Purchase Details

Listed on
Oct 27, 2016
Closed on
Apr 26, 2017
Sold by
Daly William V and Daly Rosa C
Bought by
Daly William V and Daly Rosa C
Seller's Agent
Tracy Weaver
Wisdom Properties
Buyer's Agent
Dana Rasmussen
David Lyng Real Estate
List Price
$3,168,750
Sold Price
$3,168,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.21%
Original Mortgage
$1,250,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 27, 2016
Closed on
Feb 28, 2017
Sold by
Hart Robert K and Hart Wendy M
Bought by
Daly William V and Daly Rosa C
Seller's Agent
Tracy Weaver
Wisdom Properties
Buyer's Agent
Dana Rasmussen
David Lyng Real Estate
List Price
$3,168,750
Sold Price
$3,168,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 2005
Sold by
Hart Robert K and Hart Wendy M
Bought by
Hart Robert K and Hart Wendy M

Purchase Details

Closed on
Apr 7, 2003
Sold by
Gallade Pamela J
Bought by
Hart Robert K and Hart Wendy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
5.73%

Purchase Details

Closed on
Dec 22, 1997
Sold by
Gallade James A and Gallade Pamela J
Bought by
Gallade James A and Gallade Pamela J

Purchase Details

Closed on
Apr 21, 1989
Source: Public Records

Similar Home in Carlsbad, CA

  • 110 Sycamore Ave, Carlsbad, CA 92008

    $4,379,000

    • 6 Beds
    • 5 Baths
    • 2,185 Sq Ft
    • 110 Sycamore Ave
    • Carlsbad, CA

    Turn-key coastal Triplex on a corner lot with unobstructed ocean views offers endless lifestyle and income potential just 120 feet from the beach. This trophy property consists of two 2-Bedroom/2-Bath units and one 2-Bedroom/1 Bath unit. The property has been meticulously upgraded inside and out with a new roof, fresh paint, and beautiful new landscaping. Each unit features new flooring, modern

    Tyler Snyder Snyder Real Estate Group

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Remi Racing Llc $5,200,000 First American Title
Daly William V -- Accommodation
Daly William V $3,169,000 First American Title
Hart Robert K -- --
Hart Robert K $750,000 Diversified Title & Escrow S
Gallade James A -- --
-- $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Remi Racing Llc $3,200,000
Previous Owner The D Elia Family Trust $1,225,000
Previous Owner Daly William V $1,250,000
Previous Owner Hart Robert K $1,125,000
Previous Owner Hart Robert K $925,000
Previous Owner Hart Robert K $1,462,500
Previous Owner Hart Robert K $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2022 11/25/22 Sold $5,200,000 -14.7% $1,040 / Sq Ft
08/20/2022 08/20/22 Pending -- -- --
04/24/2022 04/24/22 Price Changed $6,096,600 +7.0% $1,219 / Sq Ft
09/09/2021 09/09/21 Price Changed $5,696,600 +3.6% $1,139 / Sq Ft
12/26/2020 12/26/20 For Sale $5,496,600 +73.5% $1,099 / Sq Ft
04/14/2017 04/14/17 Sold $3,168,750 0.0% $629 / Sq Ft
02/25/2017 02/25/17 Pending -- -- --
10/27/2016 10/27/16 For Sale $3,168,750 0.0% $629 / Sq Ft
01/26/2016 01/26/16 Rented $5,200 0.0% --
12/27/2015 12/27/15 Under Contract -- -- --
12/04/2015 12/04/15 For Rent $5,200 -- --
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
2024 $56,452 $5,304,000 $4,386,000 $918,000
2023 $56,173 $5,200,000 $4,300,000 $900,000
2022 $38,592 $3,554,348 $2,930,971 $623,377
2021 $38,301 $3,484,655 $2,873,501 $611,154
2020 $38,043 $3,448,925 $2,844,037 $604,888
2019 $37,353 $3,381,300 $2,788,272 $593,028
2018 $35,768 $3,315,000 $2,733,600 $581,400
2017 $18,446 $1,706,615 $959,498 $747,117
2016 $17,704 $1,673,153 $940,685 $732,468
2015 $17,632 $1,648,022 $926,556 $721,466
2014 $17,334 $1,615,741 $908,407 $707,334
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2003822

California Regional Multiple Listing Service (CRMLS)

APN: 206-080-02