NOT LISTED FOR SALE

Estimated Value: $1,822,544 - $2,011,000

3 Beds
2 Baths
1,846 Sq Ft
$1,028/Sq Ft Est. Value

Last Sold July 28, 2015

Last sale price $1,160,000 $628 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $12,073/month

22 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Cathedral Ceiling
  • Naples Bayside Academy Rated A
  • Contemporary Architecture
  • Balcony

About This Home

As of July 2015

Opportunity knocks on the bay side of the Peninsula. Walk to the beach or the bay from your duplex's 2 BD / 1.5 BA / 2 story Owners unit featuring not only Ocean and Bay views but also a large 600 sqft rear patio over 3 car garages. Upstairs the owners unit has 2 BD / 1 BA, Great room w/ custom wet bar, vaulted beamed ceilings, skylights, Swedish fireplace, central heat and access to the front and rear decks for sunbathing, or to enjoy the breezes and views. Downstairs is an open floor plan showcasing the family room, spacious chefs kitchen featuring a center island w/ breakfast bar, corian counters, oak cabinets, built in Jenn -Aire oven, Jenn- aire cooktop, microwave, & dishwasher and for convenience a 1/2 BA . There is a separate 1 BD / 1BA that rents for $1275 and can help with your mortgage. Full Copper Plumbing and Newer Dual Glazed Windows complete this well maintained duplex. Priced to sell....Don't miss the lowest price duplex on the peninsula!

Last Agent to Sell the Property

Frank Marshall

Trends RE Inc. License #00682236 Listed on: 05/19/2015

Trends RE Inc.

Last Buyer's Agent

Steve Warshauer

Coldwell Banker Commercial License #00499477

Coldwell Banker Commercial

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,061

Year Built

  • Built in 1932

Lot Details

  • 2,405 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Paved or Partially Paved Lot

Parking

  • 3 Car Garage
  • Parking Available

Property Views

  • Ocean
  • Bay
  • Peek-A-Boo

Home Design

  • Contemporary Architecture
  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,846 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Kitchen Island
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Property has ocean access
  • Balcony

Additional Features

  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Tax Lot 42
  • Tax Tract Number 52
  • Assessor Parcel Number 7245019016

Community Details

Building Details

  • 1 Leased Unit
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $200
  • Insurance Expense $300
  • Trash Expense $100
  • Water Sewer Expense $100
  • New Taxes Expense $14,375
  • Gross Income $4,125
  • Net Operating Income $27,125

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,061

Year Built

Built in 1932

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Alley Paved, Paved
  • Subdivision Name Other: Peninsula (PI)
  • View: Yes
  • Water Sewer Expenses: 100.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 7245019016
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Bar, Balcony, Cathedral Ceiling(s), Copper Plumbing Full, Wet Bar
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 628.39
  • Room Type: All Bedrooms Up
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Foundation: Slab
  • View: Bay, Ocean, Peek-A-Boo
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: Cul-De-Sac, Paved
  • Lot Size Sq Ft: 2405.00
  • Price Per Lot Square Foot: 482.33
  • Lot Size Acres: 0.0550

Multi Family

  • Average1 Bed Area: 600
  • Average2 Bed Area: 1248
  • Electric Expense: 200.00
  • Gross Income: 4125.00
  • Gross Scheduled Income: 49500.00
  • Insurance Expense: 300.00
  • Lot Size Area: 2405.0000 Square Feet
  • Net Operating Income: 27125.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 22375.00
  • Rent Control: No
  • Total Actual Rent: 4125.00
  • Vacancy Allowance: 990
  • Vacancy Allowance Rate: 2.00
  • Waterfront Features: Ocean Access

Tax Info

  • New Taxes Expense: 14375.00
  • Tax Lot: 42
  • Tax Tract Number: 52
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2015
Closed on
Jun 15, 2015
Sold by
Arnold Kathleen Todd
Bought by
Thomas Kevin S
Seller's Agent
Frank Marshall
Trends RE Inc.
Buyer's Agent
Steve Warshauer
Coldwell Banker Commercial
List Price
$1,150,000
Sold Price
$1,160,000
Premium/Discount to List
$10,000
0.87%
Total Days on Market
22
Current Estimated Value
$1,897,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$737,386
Avg. Annual Appreciation
5.26%
Original Mortgage
$870,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2012
Sold by
Arnold Kathleen Todd
Bought by
Arnold Kathleen Todd and Kathleen Todd Arnold Trust

Purchase Details

Listed on
Nov 29, 2011
Closed on
Jan 18, 2012
Sold by
Arnold Kathleen Todd
Bought by
Arnold Kathleen Todd and Todd Ronald Clayton
Seller's Agent
Kym Elder
Coldwell Banker Realty
Buyer's Agent
Kym Elder
Coldwell Banker Realty
Sold Price
$2,625

Purchase Details

Closed on
Dec 20, 1996
Sold by
Todd Clayton S Co Tr Todd Family Trust
Bought by
Todd Clayton Stanley and Todd Kathryn Hunter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
7.59%

Purchase Details

Closed on
Nov 14, 1996
Sold by
Todd Clayton S Co Tr Todd Family Trust
Bought by
Todd Clayton Stanley and Todd Kathryn Hunter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
7.59%
Source: Public Records

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Range of Values:

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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
Thomas Kevin S $1,160,000 Ticor Title Tustin Orange Co
Arnold Kathleen Todd -- None Available
Arnold Kathleen Todd -- None Available
Todd Clayton Stanley -- Chicago Title Co
Todd Clayton Stanley -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Kevin S $830,000
Closed Thomas Kevin S $870,000
Previous Owner Todd Clayton S $77,400
Previous Owner Todd Clayton Stanley $332,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2015 07/28/15 Sold $1,160,000 +0.9% $628 / Sq Ft
06/10/2015 06/10/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $1,150,000 0.0% $623 / Sq Ft
07/14/2014 07/14/14 Rented $2,850 0.0% --
07/14/2014 07/14/14 For Rent $2,850 +8.6% --
01/09/2012 01/09/12 Rented $2,625 0.0% --
01/05/2012 01/05/12 Under Contract -- -- --
11/29/2011 11/29/11 For Rent $2,625 -- --
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 $17,061 $1,346,275 $928,467 $417,808
2023 $16,776 $1,319,878 $910,262 $409,616
2022 $15,731 $1,293,999 $892,414 $401,585
2021 $15,429 $1,268,627 $874,916 $393,711
2020 $15,389 $1,255,619 $865,945 $389,674
2019 $15,206 $1,231,000 $848,966 $382,034
2018 $14,825 $1,206,864 $832,320 $374,544
2016 $13,636 $1,160,000 $800,000 $360,000
2015 $1,351 $100,317 $82,597 $17,720
2014 $1,352 $98,353 $80,980 $17,373
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15107670

California Regional Multiple Listing Service (CRMLS)

APN: 7245-019-016