NOT LISTED FOR SALE

423 Luzon Ave Del Mar, CA 92014

Estimated Value: $5,486,000 - $7,188,000

4 Beds
3.5 Baths
2,891 Sq Ft
$2,252/Sq Ft Est. Value

Last Sold January 19, 2018

Last sale price $4,100,000 $1,418 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $40,740/month

Highlights

  • Ocean View
  • Contemporary Architecture
  • 1 Car Detached Garage
  • Del Mar Heights School Rated A+
  • Private Yard
  • Slab Porch or Patio

About This Home

As of May 2018

Everyone dreams of a house by the sea to unwind, relax, and rejuvenate. Nestled in the hills of Olde Del Mar lies this single level spa-like retreat with 180-degree white water view. Within walking distance to the village of Del Mar, its sandy beaches, and chic boutiques. Originally designed by Herb Turner who was an apprentice with architect John Lloyd Wright, son of famed architect Frank Lloyd Wright. Turner created a seamless transition from inside to outside in order to connect to the Pacific Ocean. This 4 bedroom, 3 bath home is surrounded by private estates, mature landscape, and endless views. Living by the sea is truly an enchanting experience filling the senses with natural beauty, meditative sounds, and cool breezes.

Last Agent to Rent the Property

Tyler Brown

Trinity Homes & Investments License #01452437 Listed on: 03/28/2018

Last Renter's Agent

Lucienne Lastovic

Coldwell Banker West License #01856249

Coldwell Banker West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,134

Year Built

  • Built in 1962

Lot Details

  • Property is Fully Fenced
  • Gentle Sloping Lot
  • Private Yard

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 2,891 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Ocean Views
  • Oven or Range

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Del Mar Union School District Elementary School

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Additional Features

  • Slab Porch or Patio
  • West of 5 Freeway

Community Details

  • Secondary HOA Phone (760) 487-1130
  • Park Phone (760) 487-1130
  • Property managed by Trinity Homes

Listing and Financial Details

  • Security Deposit $10,500
  • Requirements for Move-In include credit report, security deposit
  • Tenant pays for sewer, trash, water, cable TV, electricity, gas, hot water
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 299-194-03-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,134

Year Built

Built in 1962

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Cable TV, Electricity, Gas, Hot Water
  • Lease Required: Yes
  • Move In Requirements: Credit Report, Security Deposit
  • Rental Type: Residential
  • Security Deposit: 10500

Listing Details

  • Class: RESIDENTIAL RENTAL
  • Architectural Style: Contemporary
  • Rental Residential Styles: Detached
  • Market Area: Coastal North
  • Cross Street: Seaview Avenue
  • Neighborhood: Olde Del Mar
  • Supplement: This 4 bedroom, 3 bath home is surrounded by private estates, mature landscape, and endless views. Living by the sea is truly an enchanting experience filling the senses with natural beauty, meditative sounds, and cool breezes.
  • Estimated Living Space: 2,500 to 2,999 SqFt
  • LP / Sq Ft: 3.63
  • Price Per Sq Ft: 3.46
  • Stories: 1 Story
  • Price Reflects: Monthly
  • Total Stories: 1
  • Year Built: 1962
  • Allow Comments Review: No
  • C B B Paid: At Move In
  • C B B Percent Contract Length: Flat Fee Paid
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Manager Phone: 760-487-1130
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate, Tile
  • Equipment Available: Dryer, Garage Door Opener, Range/Oven, Refrigerator, Washer
  • Fireplaces: 1
  • Fireplace Location: FP in Living Room
  • Walls: Drywall
  • Bedrooms: 4
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 2891
  • Total Bathrooms: 4

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full
  • Patio: Slab
  • Roof: Composition
  • View: Ocean, Panoramic Ocean
  • Exclusive Use Yard: Yes

Garage/Parking

  • Garage Details: Detached
  • Garage Spaces: 1
  • Non Garage Parking: Driveway
  • Garage Spaces: 2
  • Parking Spaces Total: 3

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Fireplace, Forced Air Unit

Condo/Co-op/Association

  • Pets Allowed: Allowed w/Restrictions
  • Community: DEL MAR
  • Property Management Co: Trinity Homes
  • Property Management Phone: 760-487-1130

Schools

  • Elementary School: Del Mar Union School District
  • High School Url: http://www.dmusd.org/district/default.aspx

Lot Info

  • Lot Size: .25 to .5 AC
  • Site: Public Street, Street Paved, West of I-5
  • Topography: Slope Gentle
  • Water District: CITY OF DEL MAR
  • Assessor Parcel Number: 299-194-03-00
  • Water District URL: http://www.delmar.ca.us

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2017
Closed on
Nov 27, 2017
Sold by
Waxenberg Zelda
Bought by
Tam Lisa A
Seller's Agent
Brett Combs
Compass
Buyer's Agent
Jeff Wagner
Jeff M. Wagner, Broker
List Price
$4,495,000
Sold Price
$4,100,000
Premium/Discount to List
-$395,000
-8.79%
Current Estimated Value
$6,511,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,411,526
Avg. Annual Appreciation
4.99%
Original Mortgage
$1,800,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 30, 2015
Sold by
Waxenberg Zelda
Bought by
Waxenberg Zelda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$655,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 30, 2003
Sold by
Waxenberg Zelda
Bought by
Waxenberg Zelda

Purchase Details

Closed on
Jun 30, 2003
Sold by
Waxenberg Zelda
Bought by
Waxenberg Zelda

Purchase Details

Closed on
May 18, 1998
Sold by
Zelda Waxenberg
Bought by
Waxenberg Zelda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 1998
Sold by
Waxenberg Zelda Family Trust 08-01-90 and Zelda
Bought by
Waxenberg Zelda Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 1997
Sold by
Zelda Waxenberg
Bought by
Waxenberg Zelda

Purchase Details

Closed on
Apr 2, 1997
Sold by
Waxenberg Zelda Family Trust 08-01-90 and Zelda
Bought by
Waxenberg Zelda

Purchase Details

Closed on
Mar 20, 1996
Sold by
Waxenberg Zelda
Bought by
Waxenberg Zelda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 1996
Sold by
Waxenberg Zelda
Bought by
Waxenberg Zelda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 1994
Sold by
Security Trust Company
Bought by
Mundt Greta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
8.91%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 1, 1994
Sold by
Mundt Greta
Bought by
Waxenberg Zelda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
8.91%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 21, 1994
Sold by
Mundt Greta
Bought by
Security Title Insurance Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
8.91%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tam Lisa A $4,100,000 First American Title Insuran
Waxenberg Zelda -- Ticor Title San Diego Branch
Waxenberg Zelda -- Ticor Title San Diego Branch
Waxenberg Zelda -- Chicago Title Co
Waxenberg Zelda -- Chicago Title Co
Waxenberg Zelda -- --
Waxenberg Zelda Jane -- Chicago Title Co
Waxenberg Zelda -- --
Waxenberg Zelda -- Chicago Title Co
Waxenberg Zelda -- Chicago Title Co
Waxenberg Zelda -- --
Waxenberg Zelda -- Chicago Title Co
Waxenberg Zelda -- Chicago Title Co
Mundt Greta -- First American Title Co
Waxenberg Zelda -- First American Title Co
Security Title Insurance Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tam Lisa A $1,500,000
Open Tam Lisa A $4,000,000
Closed The Lisa A Tam Living Trust $1,500,000
Previous Owner Tam Lisa A $1,800,000
Previous Owner Waxenberg Zelda $655,000
Previous Owner Waxenberg Zelda J $250,000
Previous Owner Waxenberg Zelda $400,000
Previous Owner Waxenberg Zelda Jane $460,000
Previous Owner Waxenberg Zelda $480,000
Previous Owner Waxenberg Zelda $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2018 05/08/18 Rented $10,000 -4.8% --
03/28/2018 03/28/18 For Rent $10,500 0.0% --
01/19/2018 01/19/18 Sold $4,100,000 -6.7% $1,418 / Sq Ft
11/01/2017 11/01/17 Pending -- -- --
09/29/2017 09/29/17 Price Changed $4,395,000 -2.2% $1,520 / Sq Ft
07/31/2017 07/31/17 For Sale $4,495,000 -- $1,555 / 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
2025 $63,134 $6,045,280 $4,380,640 $1,664,640
2024 $63,134 $5,926,746 $4,294,746 $1,632,000
2023 $61,754 $5,335,177 $4,127,977 $1,207,200
2022 $56,917 $4,407,037 $4,047,037 $360,000
2021 $46,188 $4,407,037 $4,047,037 $360,000
2020 $42,801 $4,005,540 $4,005,540 $0
2019 $44,677 $4,182,000 $3,927,000 $255,000
2018 $12,554 $1,207,267 $1,018,608 $188,659
2017 $12,316 $1,183,596 $998,636 $184,960
2016 $11,911 $1,160,389 $979,055 $181,334
2015 $11,731 $1,142,960 $964,349 $178,611
2014 -- $1,120,572 $945,459 $175,113
Source: Public Records

Agents Affiliated with this Home

  • Tyler Brown

    Landlord's Agent in 2018

    Tyler Brown

    Trinity Homes & Investments

    (858) 442-3449

    34 Total Sales

    Tyler Brown
    Section Image
  • Brett Combs

    Seller's Agent in 2018

    Brett Combs

    Compass

    (858) 583-4714

    14 in this area

    71 Total Sales

    Brett Combs
    Section Image
  • Dane Soderberg

    Seller Co-Listing Agent in 2018

    Dane Soderberg

    Compass

    (858) 337-1417

    3 in this area

    126 Total Sales

    Dane Soderberg
    Section Image
  • Lucienne Lastovic

    Tenant's Agent in 2018

    Lucienne Lastovic

    Coldwell Banker West

    (858) 756-0400

    17 Total Sales

    Lucienne Lastovic
    Section Image

  • J

    Buyer's Agent in 2018

    Jeff Wagner

    Jeff M. Wagner, Broker

See All Agents

Map

Source: San Diego MLS

MLS Number: 180015895

San Diego MLS

APN: 299-194-03

California San Diego County Del Mar 92014

423 Luzon Ave, Del Mar, CA

This home is located at 423 Luzon Ave, Del Mar, CA 92014 since 28 March 2018 and is currently priced at $6,511,526. This property was built in 1962. 423 Luzon Ave is a home located in San Diego County with nearby schools including Del Mar Heights School, Del Mar Hills Elementary School, and Earl Warren Middle School.

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