NOT LISTED FOR SALE

402 Serpentine Dr Del Mar, CA 92014

Estimated Value: $4,794,000 - $6,569,000

4 Beds
3.5 Baths
2,761 Sq Ft
$2,087/Sq Ft Est. Value

Last Sold January 08, 2013

Last sale price $2,425,000 $878 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $34,200/month

203 Days on Market

Highlights

  • Ocean View
  • Spa
  • Contemporary Architecture
  • Del Mar Heights School Rated A+
  • Deck
  • Retreat

About This Home

As of January 2013

Organic contemporary sun-filled retreat features 3 BR, 3.5BA, plus office/bedroom, modern interior finishes throughout, multiple outdoor entertaining & lounging areas with ocean & canyon views & lush Japanese inspired gardens all within a short walk to Del Mar Village & beach. Upgraded amenities such as European kitchen, full audio & video, theater, Jacuzzi tub & steam shower, and outdoor kitchen, fire sculptures & pizza oven create a fun yet sophisticated setting for indoor/outdoor entertaining. Entry level includes living room, dining room, kitchen, family room, guest room, bath, powder room, office, second office/bedroom (currently used as office but could be converted back to bedroom) and extensive outdoor deck areas. Lower level includes bedroom, bonus area (used as theater), bath and laundry room, Top level includes the master suite with deck and an additional private upper deck. All art to be removed.

Last Agent to Sell the Property

Rande Turner

Pacific Sotheby's Int'l Realty License #00857729 Listed on: 05/01/2012

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Tiffany Le

Max Enterprise, Inc. License #01376227

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,295

Year Built

  • Built in 1994

Lot Details

  • 8,300 Sq Ft Lot
  • Partially Fenced Property
  • Gentle Sloping Lot
  • Private Yard

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Valley

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • 2,761 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Outdoor Features

  • Spa
  • Balcony
  • Deck
  • Outdoor Fireplace

Additional Features

  • West of 5 Freeway
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 299-220-36-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,295

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Contemporary
  • Residential Styles: Detached
  • Market Area: Coastal North
  • Cross Street: Zapo
  • Neighborhood: Olde Del Mar
  • Supplement: Entry level includes living room, dining room, kitchen, family room, guest room, bath, powder room, office, second office/bedroom (currently used as office but could be converted back to bedroom) and extensive outdoor deck areas. Lower level includes bedr
  • LP / Sq Ft: 971.75
  • Price Per Sq Ft: 878.3
  • Residential Unit Location: Detached
  • SP/ Sq Ft: 878.31
  • Stories: 3 Story
  • Ownership: Fee Simple
  • Total Stories: 3
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Equipment Available: Dishwasher, Disposal, Garage Door Opener, Microwave, Range/Oven, Refrigerator
  • Fireplaces: 1
  • Fireplace: Fp In Living Room, Patio/Outdoors
  • Searchable Rooms: Bonus Room, Dining Room/Separate, Family Room, Master Retreat, Office, Optional Bedrooms
  • Total Bedrooms: 4
  • Bedrooms: 4
  • Master Bedroom Dimensions: 13X12
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 2761
  • Total Bathrooms: 4

Exterior Features

  • Exterior Material: Wood
  • Fencing: Partial
  • Patio: Balcony, Deck
  • Spa: Yes
  • View: Ocean, Valley/Canyon
  • Three or more Steps To Entry: Yes
  • Exclusive Use Yard: Yes

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Garage Spaces: 2
  • Parking Spaces Total: 4

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas
  • Telecommunications: Audio

Condo/Co-op/Association

  • Community: DEL MAR

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: Street Paved, West of I-5
  • Topography: Slope Gentle
  • Assessor Parcel Number: 299-220-36-00
  • Estimated Lot Sq Ft: 8300
  • Map Code Column: F
  • Map Code Page: 1187
  • Map Code Row: 4

Tax Info

  • Assessor Parcel Number: 402Serpentine92014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2012
Closed on
Nov 20, 2012
Sold by
Lipson Ritchie Harry and Bradley Lori Annette
Bought by
Tyrrell Knott James Erik and Tyrrell Knott Kimberly Jean
Seller's Agent
Rande Turner
Pacific Sotheby's Int'l Realty
Buyer's Agent
Tiffany Le
Max Enterprise, Inc.
List Price
$2,883,000
Sold Price
$2,425,000
Premium/Discount to List
-$458,000
-15.89%
Current Estimated Value
$5,763,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,338,372
Avg. Annual Appreciation
7.09%
Original Mortgage
$450,000
Interest Rate
3.31%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 29, 2009
Sold by
Lipson Ritchie Harry and Bradley Lori Annette
Bought by
Lipson Ritchie Harry and Bradley Lori Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,399,000
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2003
Sold by
Schultz Michael and Schultz Tatjana
Bought by
Lipson Ritchie Harry and Bradley Lori Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,283
Interest Rate
5.13%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 5, 2001
Sold by
Eleemosynary Directions Inc
Bought by
Schultz Michael and Schultz Tatjana

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
7.13%

Purchase Details

Closed on
Nov 1, 1995
Sold by
Eleemosynary Directions Inc
Bought by
Pickering Geoffrey John

Purchase Details

Closed on
Dec 10, 1991

Purchase Details

Closed on
Mar 22, 1989
Source: Public Records

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
Tyrrell Knott James Erik $2,425,000 Title365
Lipson Ritchie Harry -- Chicago Title Insurance Co
Lipson Ritchie Harry $1,425,000 Chicago Title Co
Schultz Michael $1,150,000 First American Title
Eleemosynary Directions Inc -- First American Title
Pickering Geoffrey John -- South Coast Title Company
-- $225,000 --
-- $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tyrrell Knott James Erik $1,548,000
Closed Tyrrell Knott James Erik $1,552,500
Closed Tyrrell Knott James Erik $1,550,000
Closed Tyrrell Knott James Erik $500,000
Closed Tyrrell Knott James Erik $411,000
Closed Tyrrell Knott James Erik $450,000
Previous Owner Tyrrell Knott James Erik $1,350,000
Previous Owner Lipson Ritchie H $281,200
Previous Owner Lipson Ritchie Harry $1,399,000
Previous Owner Lipson Ritchie Harry $1,300,000
Previous Owner Bradley Lori A $715,283
Previous Owner Lipson Ritchie Harry $1,068,750
Previous Owner Schultz Michael $100,000
Previous Owner Schultz Michael $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2013 01/08/13 Sold $2,425,000 -9.6% $878 / Sq Ft
11/19/2012 11/19/12 Pending -- -- --
09/28/2012 09/28/12 Price Changed $2,683,000 0.0% $972 / Sq Ft
06/01/2012 06/01/12 Rented $7,000 -99.8% --
05/02/2012 05/02/12 Under Contract -- -- --
04/30/2012 04/30/12 For Sale $2,883,000 0.0% $1,044 / Sq Ft
04/09/2012 04/09/12 For Rent $7,000 -- --
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
2025 $34,295 $3,287,103 $2,339,709 $947,394
2024 $34,295 $3,222,651 $2,293,833 $928,818
2023 $31,266 $2,945,247 $2,248,856 $696,391
2022 $29,981 $2,813,968 $2,204,761 $609,207
2021 $28,871 $2,758,793 $2,161,531 $597,262
2020 $29,128 $2,730,506 $2,139,368 $591,138
2019 $28,553 $2,676,968 $2,097,420 $579,548
2018 $27,300 $2,624,480 $2,056,295 $568,185
2017 $26,842 $2,573,021 $2,015,976 $557,045
2016 $25,962 $2,522,571 $1,976,448 $546,123
2015 $25,572 $2,484,680 $1,946,760 $537,920
2014 $25,043 $2,436,009 $1,908,626 $527,383
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 120022344

San Diego MLS

APN: 299-220-36