NOT LISTED FOR SALE

Estimated Value: $4,148,128 - $4,822,000

5 Beds
3 Baths
2,828 Sq Ft
$1,562/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $4,000,000 $1,414 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $27,001/month

51 Days on Market

Highlights

  • Ocean View
  • Property is near a marina
  • Custom Home
  • Aptos High School Rated A-
  • Primary Bedroom Suite
  • Deck

About This Home

As of June 2021

Opportunity to own a home in an especially rare and coveted spot along California's coastline Original owners/first time on the market.Windows from both levels upon an unobstructed view of the sparkling Pacific Ocean.Watch the magnificent sight of breaching whales,Listen to ocean waves and enjoy the misty ocean breeze.Walk out your front door to steps to beach./Enjoy miles of beach walks,surfing,paddleboarding,shell collecting, bonfires plus more.This spacious/light 2800+ sq foot home with upgrades throughout has 5 BR/3 bathrooms/inside laundry room with Open kitchen/living room/dining area with views.Fireplace and inside BBQ by fireplace 2br and 1ba downstairs.Upstairs 3br/2ba with open Family room with fireplace Outside full ocean view front deck and exiting to open patio with Outdoor bar and areas for entertaining or just enjoying the stunning full ocean view. Low maintenance yard and ample parking in the gated carport.Rare property on Beach Drive in Rio Del Mar Beach.

Last Agent to Sell the Property

Cheri Nilsson

Christie's International Real Estate Sereno License #01295788 Listed on: 04/03/2021

Christie's International Real Estate Sereno

Last Buyer's Agent

Paul Bailey

Bailey Properties License #00546781

Home Details

Home Type

  • Single Family

Year Built

  • 1962

Lot Details

  • 3,833 Sq Ft Lot
  • Southwest Facing Home
  • Kennel or Dog Run
  • Gated Home
  • Property is Fully Fenced
  • Fenced Front Yard
  • Level Lot
  • Drought Tolerant Landscaping
  • Grass Covered Lot

Property Views

  • Ocean
  • City Lights

Home Design

  • Custom Home
  • Cape Cod Architecture
  • Reverse Style Home
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco
  • Stone

Interior Spaces

  • 2,828 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Garden Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Family or Dining Combination
  • Den
  • Bonus Room
  • Storage Room
  • Crawl Space
  • Security Gate

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Laminate
  • Stone
  • Tile
  • Slate Flooring
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Marble Bathroom Countertops
  • Solid Surface Bathroom Countertops
  • Stone Countertops In Bathroom
  • Dual Flush Toilets
  • Low Flow Toliet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 4 Car Garage
  • 2 Carport Spaces
  • Tandem Parking
  • Garage Door Opener
  • Off-Site Parking

Outdoor Features

  • Property is near a marina
  • Balcony
  • Deck
  • Fire Pit
  • Gazebo
  • Built-In Barbecue
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • 220 Volts

Home Details

Home Type

Single Family

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: R-1-8
  • Subclass: Single Family Home
  • Style: Cape Cod, Custom, Marina
  • Listing Class: Residential
  • Structure Sq Ft: 2828
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Wood Burning
  • Dining Room: Breakfast Bar, Breakfast Nook, Dining Area In Family Room, Eat In Kitchen
  • Kitchen: 220 Volt Outlet, Built-In Bbq Grill, Cooktop - Electric, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven - Self Cleaning, Oven Range - Built-In, Oven Range - Electric, Pantry, Refrigerator, Trash Compactor
  • Fireplace: Yes
  • Living Sq Ft: 2828
  • Bedrooms: Primary Suite / Retreat, More Than One Bedroom On Ground Floor, More Than One Primary Bedroom, Reverse Floor Plan
  • Laundry: Electricity Hookup (220V), In Utility Room, Inside, Washer / Dryer
  • Flooring: Laminate, Slate, Stone, Tile, Travertine
  • Additional Rooms: Bonus / Hobby Room, Den / Study / Office, Great Room, Laundry Room, Office Area, Storage
  • Fireplaces Min: 2
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Bathroom: Dual Flush Toilet, Full On Ground Floor, Marble, Primary - Stall Shower(s), Shower Over Tub - 1, Solid Surface, Stall Shower, Stone, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Crawl Space
  • Roof: Composition
  • View: City Lights, Ocean, Water, Water Front
  • Yard/Grounds: Balcony / Patio, Bbq Area, Deck, Dog Run / Kennel, Drought Tolerant Plants, Fenced, Fire Pit, Gazebo, Low Maintenance
  • Fencing: Complete Perimeter, Fenced Front, Gate
  • Property Faces: Southwest
  • Construction Type: Stone, Stucco

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Carport, Covered Parking, Gate / Door Opener, Off-Site Parking, Tandem Parking
  • Carport Min: 2

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air, Fireplace
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Built-In Vacuum, Garden Window, High Ceiling, Open Beam Ceiling, Security Gate, Vaulted Ceiling, Wet Bar

Lot Info

  • Lot Description: Grade - Level, Views
  • Lot Acres: 0.0880
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3833.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3833.00
  • Soil: Sandy

Green Features

  • Energy Features: Double Pane Windows, Energy Star Appliances, Low Flow Shower, Low Flow Toilet

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2021
Closed on
Jun 21, 2021
Sold by
Pestana Edward L and Edward Pestana Trust
Bought by
A E J Properties Llc
Seller's Agent
Cheri Nilsson
Christie's International Real Estate Sereno
Buyer's Agent
Paul Bailey
Bailey Properties
List Price
$4,900,000
Sold Price
$4,000,000
Premium/Discount to List
-$900,000
-18.37%
Current Estimated Value
$4,417,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,032
Avg. Annual Appreciation
2.21%
Original Mortgage
$2,000,000
Outstanding Balance
$1,810,751
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$2,606,281

Purchase Details

Closed on
Oct 12, 2012
Sold by
Thomas Richard C and Edward Pestana Trust
Bought by
Busby Ii John W and Edward Pestana Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.36%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 22, 2011
Sold by
Kelly Michael J and Germaine Pestana Survivors Tru
Bought by
Thomas Richard and Edward Pestana Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
A E J Properties Llc $4,000,000 Orange Coast Ttl Co Of Nocal
Busby Ii John W -- First American Title Company
Thomas Richard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A E J Properties Llc $2,000,000
Previous Owner Busby Ii John W $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2021 06/25/21 Sold $4,000,000 -11.1% $1,414 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
04/22/2021 04/22/21 Price Changed $4,500,000 -8.2% $1,591 / Sq Ft
04/03/2021 04/03/21 For Sale $4,900,000 -- $1,733 / Sq Ft
Source: MLSListings

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 $47,121 $4,329,728 $3,680,269 $649,459
2023 $46,374 $4,161,600 $3,537,360 $624,240
2022 $45,536 $4,080,000 $3,468,000 $612,000
2021 $3,143 $188,219 $108,560 $79,659
2020 $3,078 $186,290 $107,447 $78,843
2019 $3,020 $182,637 $105,340 $77,297
2018 $2,928 $179,056 $103,275 $75,781
2017 $2,889 $175,544 $101,249 $74,295
2016 $2,829 $172,102 $99,264 $72,838
2015 $2,756 $169,517 $97,773 $71,744
2014 $2,682 $166,197 $95,858 $70,339
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81837271

MLSListings

APN: 043-105-36-000