NOT LISTED FOR SALE

432 15th St Del Mar, CA 92014

Estimated Value: $5,762,197 - $6,106,000

4 Beds
3 Baths
2,752 Sq Ft
$2,163/Sq Ft Est. Value

Last Sold August 14, 2023

Last sale price $5,225,000 $1,899 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $35,799/month

7 Days on Market

Highlights

  • White Water Ocean Views
  • Fireplace in Primary Bedroom
  • Private Yard
  • Del Mar Heights School Rated A+
  • Main Floor Bedroom
  • 5-minute walk to Seagrove Park

About This Home

As of August 2023

If you are looking for a Del Mar summer beach retreat with panoramic ocean views, 432 15th St is your home. Enjoy breathtaking ocean views and the convenience of being only one block away from Olde Del Mar, the Plaza, and 'toes-in-the-sand' beach. With the spacious four-bedroom, three-bathroom, 2752 sq foot layout, the home offers a casual spin on the Santa Barbara architectural style and design. Its clean lines, white hues, abundant natural light, and high ceilings create an elegant, relaxing, and inviting aesthetic. This single-family residence sits on a flag lot, allowing privacy from the street and a large driveway for friends and family to park. Once inside, on the main level, you will be captivated by the sleek lines of a curvature stairwell, vaulted ceilings, and abundant light. There is also a beautiful stucco framed fireplace in the living room and family room, wood floors, and a conveniently located bedroom and bath on the main floor. Upstairs, the oversized Primary Suite offers 10' ceilings, a walk-in closet, cozy fireplace, wood floors, and sweeping panoramic ocean views where the sound of waves brings extraordinary comfort and soothing calm. The Primary Bath continues the ocean view visual and reminds you why you choose Del Mar to be your home. There are two additional bedrooms upstairs where you will enjoy ocean and garden views, wood floors, and built-in shelves just waiting to be utilized for your personal library. Outside, a lush private yard and an enormous backyard deck allow sit-down ocean views to watch the sunset. It seems that the ocean views follow you throughout the home. At this location, you are surrounded by 10M+ homes offering an opportunity to be part of Del Mar, where you will enjoy pristine beaches, renowned dining establishments, upscale shopping, and the famous Del Mar Racetrack. Everything is easily accessible, allowing you to immerse yourself in the Olde Del Mar lifestyle at the beach.

Last Agent to Sell the Property

Cati Byrne

Willis Allen Real Estate License #01430465 Listed on: 06/19/2023

Willis Allen Real Estate

Last Buyer's Agent

Laura Barry

Barry Estates License #01154111

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,668

Year Built

  • Built in 1975

Lot Details

  • 8,100 Sq Ft Lot
  • Flag Lot
  • Sprinkler System
  • Private Yard
  • Property is zoned R-1 Single Family Residence

Parking

  • 2 Car Attached Garage

Property Views

  • White Water Ocean
  • Panoramic

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,752 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Office

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Wood Patio
  • Suburban Location
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Tract Number 172
  • Assessor Parcel Number 2992805000

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,668

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: R-1 Single Family Residence
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2992805000
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2752.00
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Family Room, Gas, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1898.62
  • Room Type: Family Room, Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Office, Walk-In Closet

Exterior Features

  • Patio: Yes
  • View: Ocean, Panoramic, White Water
  • Fence: No
  • Patio And Porch Features: Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Fireplace(s), Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Flag Lot, Sprinkler System, Yard
  • Lot Size Sq Ft: 8100.00
  • Lot Size Acres: 0.1860

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8100.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: 172.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2015
Sold by
Shank Theodore
Bought by
Shank Theodore
Current Estimated Value
$5,953,066

Purchase Details

Closed on
Feb 23, 1999
Sold by
Theodore Shank and Theodore Mary A
Bought by
Shank Theodore and Shank Mary Adele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$95,084
Interest Rate
6.79%
Estimated Equity
$5,857,982

Purchase Details

Closed on
Feb 9, 1999
Sold by
Theodore Shank and Theodore Mary A
Bought by
Shank Theodore and Shank Mary Adele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$95,084
Interest Rate
6.79%
Estimated Equity
$5,857,982

Purchase Details

Closed on
Oct 16, 1989

Purchase Details

Closed on
Mar 30, 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
Shank Theodore -- None Available
Shank Theodore -- --
Shank Theodore -- Southland Title
-- $800,000 --
-- $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shank Theodore $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2023 08/14/23 Sold $5,225,000 -4.9% $1,899 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/19/2023 06/19/23 For Sale $5,495,000 0.0% $1,997 / Sq Ft
11/03/2021 11/03/21 Rented $11,000 -8.3% --
09/11/2021 09/11/21 For Rent $12,000 -33.3% --
04/19/2021 04/19/21 Rented $18,000 +12.5% --
04/12/2021 04/12/21 For Rent $16,000 +28.0% --
09/19/2020 09/19/20 Rented $12,500 +4.2% --
09/15/2020 09/15/20 Under Contract -- -- --
10/13/2019 10/13/19 For Rent $12,000 -26.5% --
06/21/2019 06/21/19 Rented $16,320 +16.6% --
05/22/2019 05/22/19 Under Contract -- -- --
05/10/2019 05/10/19 For Rent $14,000 -- --
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 $55,668 $5,329,500 $4,590,000 $739,500
2024 $55,668 $5,225,000 $4,500,000 $725,000
2023 $15,098 $1,414,676 $1,149,438 $265,238
2022 $14,856 $1,386,938 $1,126,900 $260,038
2021 $14,307 $1,359,744 $1,104,804 $254,940
2020 $14,359 $1,345,802 $1,093,476 $252,326
2019 $14,076 $1,319,415 $1,072,036 $247,379
2018 $13,451 $1,293,545 $1,051,016 $242,529
2017 $110 $1,268,182 $1,030,408 $237,774
2016 $12,762 $1,243,316 $1,010,204 $233,112
2015 $12,569 $1,224,641 $995,030 $229,611
2014 $12,309 $1,200,653 $975,539 $225,114
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2304679

California Regional Multiple Listing Service (CRMLS)

APN: 299-280-50